9Bulls

Overview of 9Bulls

9Bulls is a financial trading company based in Mauritius, established in 2021.

Although it is unregulated, it offers a variety of products and services including CFDs, commodities, indices, forex, metals, and stocks across different account types like Standard, Pro, and ECN. 9Bulls supports trading on the MetaTrader5 platform and provides leverage up to 1:500 with spreads ranging from 0.2 to 2 pips.

The minimum deposit starts at $100 for a Standard account and $10,000 for Premiere accounts. Additional offerings include demo accounts, customer support via email, and educational resources like world news, blogs, and an educational center.

Regulatory Status

9Bulls is currently unregulated, meaning it does not hold any official authorization from financial regulatory bodies to oversee its trading operations.

This status can impact the level of trust and legal protections available to traders who choose to engage with their services.

Pros and Cons

Pros:

9Bulls offers a wide range of financial products, including CFDs, commodities, indices, forex, metals, and stocks, meeting diverse trading preferences.

The company provides flexible account types—Standard, Pro, and ECN—suitable for traders with varying levels of experience and investment capabilities.

It features high leverage options up to 1:500, allowing traders to amplify their trading positions.

Additionally, 9Bulls provides educational resources and support through blogs, world news, and an educational center, and it offers competitive low spreads starting from 0.2 pips, which can reduce trading costs.

Cons:

The unregulated status of 9Bulls raises worries about the safety and security of funds and trading practices, potentially increasing the risk for traders.

High withdrawal fees and commissions of $20 per lot could deter clients, especially those who trade in small volumes or frequently withdraw funds.

The limited customer support options, primarily through email, will not suffice for urgent trading issues or inquiries, lacking instant communication channels which could impact trader satisfaction and response times during critical trading periods.

Products & Services

9Bulls offers a diverse range of financial products for trading, including:

• CFDs (Contract for Differences): Through CFDs, traders can take positions on the price movements of various assets, such as stocks, commodities, or indices, without the need to own the actual assets. This allows for potentially high gains but also significant risks, especially given the leverage involved. CFD trading is popular because it enables exposure to multiple markets from a single platform.

• Commodities: 9Bulls provides the opportunity to trade in a range of commodities. These typically include energy sources like oil and natural gas, precious metals such as gold and silver, and agricultural products like coffee and sugar. Commodity trading is appealing for diversification, as these assets often move differently than traditional stock markets.

• Indices: The platform offers trading on major global indices, which can include the S&P 500, NASDAQ, Dow Jones, FTSE, and more. Indices provide a way to speculate on the broader market trends of a particular region or sector without the need to analyze individual stocks. This type of trading is useful for those looking to gain exposure to entire economies or industries.

• Forex (Foreign Exchange): Forex trading involves the simultaneous buying of one currency while selling another. This market is the largest and most liquid in the world, offering 24-hour trading opportunities. At 9Bulls, traders can engage with major pairs like EUR/USD, GBP/USD, and USD/JPY, as well as various minor and exotic pairs.

• Metals: Trading in metals includes both precious metals like gold and silver, which are traditional safe havens during times of economic uncertainty, and industrial metals like copper, which are used as indicators for global economic health. Metal trading at 9Bulls provides a way to hedge against inflation and diversify investment portfolios.

• Stocks: The platform enables clients to trade stocks across a broad spectrum of markets and industries. This includes technology giants, automotive manufacturers, energy companies, and many others. Stock trading allows investors to take part in the potential growth and earnings of these companies through price movements in their shares.

Account Types

9Bulls offers three different types of trading accounts designed to meet the needs of varying trading styles: Standard, Pro, and ECN. Each account type provides access to the MT5 and VertexFX trading platforms and supports trading in USD.

• Standard Account: This account is ideal for those entering the forex market, with relatively low minimum deposit requirements. It offers competitive spreads and leverages up to 1:500. It includes features like market execution, the possibility of swap-free trading upon approval, and basic risk management with stop-out levels and limit & stop levels. This account is suitable for smaller volume traders.

• Pro Account: Tailored for experienced traders who can handle significant volumes, the Pro Account requires a higher minimum deposit. It provides slightly tighter spreads than the Standard Account for more cost-effective trading. This account maintains the same leverage, commission rates, and trading conditions but attracts traders looking for more substantial transaction capabilities.

• ECN Account: Designed for high-volume, professional traders, this account offers the lowest spreads among the three types. It has the most substantial minimum deposit requirement and provides leverage up to 1:50, reflecting its suitability for high-stakes trading. This account type does not support swap-free trading, emphasizing its focus on a professional trading environment.

How To Open An Account？

Opening a trading account involves a straightforward, four-step process:

1. Register: Start by entering your details such as email, identification, proof of address, and bank account information to begin your application.

2. Verify: Confirm the credentials that are sent to your registered email address to ensure they are accurate and valid.

3. Fund: Make a deposit into your new account, with amounts starting from $100 for Standard accounts and $10,000 for Premiere accounts, depending on the account type you choose.

4. Trade: Once your account is funded, you can start trading. Stay updated with daily market news and receive instant transfer notifications to keep in sync with the trading environment.

Leverage

9Bulls offers significant leverage options for its trading accounts, reaching up to 1:500 for both the Standard and Pro accounts. This high level of leverage enables traders to open larger positions than their initial deposits would typically allow, magnifying both potential profits and losses.

For more experienced and high-volume traders using the ECN account, the leverage is capped at a lower level of 1:50, reflecting the higher risks associated with such trading strategies and the more substantial capital involved in these accounts.

Commissions & Spreads

9Bulls charges a commission of $20 per lot on all trades across its Standard, Pro, and ECN accounts. This flat rate applies to the trading of all financial instruments offered by the broker. The commission fee is an important factor for traders to consider as it directly affects the cost of trading and can accumulate significantly, especially for those who trade frequently or in large volumes.

The spreads offered by 9Bulls vary depending on the type of account. The Standard account has variable spreads starting from 0.50 pips, which can offer competitive pricing under normal market conditions. The Pro account provides even tighter spreads, starting at 0.40 pips, beneficial for more experienced traders who can leverage these lower costs for potentially better returns. The ECN account offers the lowest spreads, starting from just 0.2 pips, targeting professional traders who require tight spreads for high-volume trading strategies.

Trading Platform

9Bulls offers its trading services on the MetaTrader 5 (MT5) platforms, meeting a diverse range of trading preferences.

Both platforms are well-regarded in the trading community for their robust functionality and flexibility. MT5 provides advanced financial trading functions, as well as superior tools for technical and fundamental analysis.

This allows 9Bulls' clients to benefit from various analysis tools, algorithmic trading, and a user-friendly interface, enhancing their trading experience across various markets.

Minimum Deposit

9Bulls requires different minimum deposit levels based on the type of account opened.

For the Standard account, the minimum deposit is set at $100, making it accessible for beginners or those looking to try out the platform with a lower financial commitment.

Conversely, for the Pro and ECN accounts, which meet more experienced traders, the minimum deposits are significantly higher, at $10,000 and $20,000 respectively. These higher thresholds reflect the advanced features and potential for larger trades offered by these account types.

Customer Support

9Bulls provides customer support primarily through its email address, info@9bullsfx.com. Clients can reach out for any inquiries or assistance they need regarding their accounts or trading activities.

The company is headquartered at Silicon Avenue, 40 Cybercity, The Catalyst, Mauritius, which adds a localized touch to their support but will affect the responsiveness due to time zone differences for international clients.

Educational Resources

9Bulls provides a large suite of educational resources aimed at traders at all levels of experience. For those new to trading, there are detailed step-by-step guides that cover the basics of CFD and currency trading. For traders who already have some experience, there are resources to improve trading strategies, including charting, technical and fundamental analysis guides.

Additionally, 9Bulls offers webinars and seminars which are designed to improve the knowledge of financial markets. These in-person and online sessions include tutorials on trading platforms, advanced trading strategies, and basic trading principles, attracting both novice and experienced traders.

The platform also hosts a blog section featuring trending topics and latest market updates. Notable entries include discussions on the different types of traders—Day, Momentum, Option, Swing, Trend, and Buy & Hold strategies—and advice on how to make money from market volatility, along with insights into risk-free trading and safe-haven commodities.

Conclusion

9Bulls is a trading platform based in Mauritius, offering a range of financial products including CFDs, commodities, indices, forex, metals, and stocks.

It provides multiple account types tailored to different trading styles and levels of experience, all accessible via the MT5 and VertexFX trading platforms.

Despite its unregulated status, 9Bulls attempts to appeal to global traders with competitive spreads, high leverage options, and comprehensive educational resources. The platform is designed to accommodate both new and experienced traders with its diverse offerings and educational support.

FAQs

Question: What trading platforms does 9Bulls offer？

Answer: 9Bulls offers the MetaTrader 5 (MT5) and VertexFX trading platforms, known for their advanced trading features and user-friendly interfaces.

Question: What is the minimum deposit required to open an account with 9Bulls？

Answer: The minimum deposit is $100 for a Standard account and $10,000 for a Pro account. An ECN account requires a minimum deposit of $20,000.

Question: Does 9Bulls offer educational resources for traders？

Answer: Yes, 9Bulls provides a variety of educational resources, including webinars, seminars, blogs, and step-by-step guides on trading strategies and market analysis.

Question: How can I contact 9Bulls customer support？

Answer: Customer support can be reached via email at info@9bullsfx.com, or at their physical address at Silicon Avenue, 40 Cybercity, The Catalyst, Mauritius.

Question: What are the commission rates at 9Bulls？

Answer: 9Bulls charges a commission of $20 per lot across all account types.