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Bulls Capital Markets reviews

Average: 3.6 based on 87 reviews
Bulls Capital Markets
Bulls Capital Markets Forex broker reviews
    The broker is out of business
  • Website: www.bullscapitalmarkets.com
  • Year since: 2013
  • Headquarters: United Kingdom
  • Company registration: Bulls Capital Markets Ltd. (reg.#09351609), UK
  • Regulation: not regulated

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February 23, 2016

5years Total
1 with this Broker

Here is the update:
Bulls agreed to give my profit of $1457.28 back and filtered out the trades that were less than 10 sec. No money received
Bulls contacted me to tell me their bank cannot do wires and suggested they could give me my money via Skrill. I gave them my Skrill info a week ago and still no money.
It really appears that their "bank" is unable to give clients their funds in any way. Bulls went to the trouble of negotiating what they owed me, we agreed, and now for weeks they have been making lame excuses about refunding the money.
I funded the account by credit card, and they gave me back my original funds on the card but said they cannot give me any more than I deposited that way.
When a broker tells you that you cannot have your money because their bank is not capable of sending it to you, I think you can be assured you have found a scam, and I hope Forex Peace Army lists them that way.
You can see there have been several posts on here from people experiencing the same problem, and Kevin seems totally unresponsive, which makes sense. How do you defend this? You can't and Kevin isn't.
Bulls initially responded because I triggered an investigation with FPA so thanks for FPA for at least getting Bulls attention. I'm also attaching screenshots of Bulls email to my thread in Scam Alerts.
Last response I received from Bulls was on Feb 3. No money and reply till date.

2016-01-07 1 Star I opened an account at Bulls on 10/8/15 and was trading with an EA I have. I was told EAs are fine. Like Larry, I made a small amount of money with it. But inexplicably on Christmas morning a "Trade Reversal" showed up on my account and poof, the profit was gone. Merry Christmas.

I presume Bulls needed some money to pay for the office Christmas party and took it from their customers.

Here are some questions for Bulls:

1) Are you regulated? If so, by who?
2) Do you trade against your customers?
3) If not, why do you care how long trades are left in?
4) Why do your rules state that trades must be left in for at least 10 seconds, but then not honor ANY of their trades no matter how long they were left in?
5) How do you justify simply taking your customers profits without any prior discussion? Does this seem honest or ethical to you?
6) A “Daily Confirmation” Email went out on Christmas morning advising that I had 24 hours to dispute your taking of all my profits, otherwise I was theoretically in agreement with this robbery. Are these the methods of a reputable broker?
7) What if a trade is placed with a stop loss, and the stop loss is hit 5 seconds after the trade is placed? How does this comport with your 10 second rule and how would this be handled? Do you advise your traders not to use stop losses or take profits?

If Bulls cannot adequately answer these simple questions, I would highly discourage anyone from opening an account here, and from the other posts it doesn’t look like they have any interest whatsoever in explaining themselves.

In all my years of trading I have not personally had a broker behave in such an unprofessional manner.

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December 7, 2015

5months Total
1year with this Broker

This is the best broker I have come across. Fast execution, great spread and a pleasure to work with but Slippage is little high.

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Russia,Antonie Roy

November 7, 2015

3 years Total
1 year with this Broker

Bulls Capital Markets is a broker who's execution speed is very good its high,
Leverage is also high, spread widening is also high.

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October 16, 2015

1 year 6months Total
9months with this Broker

Hi I'm trading with BCM since 8-9 months,Never had any problem with this broker as they r really honest with me...happy to be with them.

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Philippines, Ezekiel

September 9, 2015

Demo 10 months, Live 1 year Total
6months with this Broker

Bulls Capital Markets,they offer a ECN/STP platform and no withdrawal issues, also fast!!
but not satisfied with spread widening....it can be little low.

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August 26, 2015

1year Total
6months with this Broker

I have already been using Bulls Capital Markets for 6 month. I am very satisfied with them, all my order execution were processed without any re-quote.The most important thing is withdrawal,Bulls Capital Markets always processed my request. It was processed during 12hours in the working time

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Pakistan,Hamza Najam

August 26, 2015

4years Total
1year with this Broker

Well, frankly speaking, I have learned a lot with Bulls Capital Markets and also I have received very good trading conditions to open a real account. For me, this broker is really the best and I recommend you to trade with them.

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August 26, 2015

3years Total
8months with this Broker

over all is its good.. will be excellent if spread widening would be little less.

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August 15, 2015

1year Total
6months with this Broker

E** you little *** indian ***

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August 12, 2015

2years Total
7months with this Broker

From last 7months I'm with this broker,in my opinion this is one of the best broker till today.No problem with execution at the moment.
thank you.

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Hungary,Szabina farkas

August 12, 2015

1year Total
8months with this Broker

Cool, Good support from backoffice, Deposit/Withdrawal process is fast,reliable broker,i do recommend this broker.

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London,Philip Michaels

August 12, 2015

2years Total
6months with this Broker

I've been trading with them for a while, and so far so good. Execution was good. Spreads could be a little lower. Over all Not bad.

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India - Assam

July 31, 2015

1 year Total
7 months with this Broker

bulls capital markets closed the cash deposit. bulls accept cr.card ,e Currency and wire ..

That's the reason trades got not happy with bulls capital markets

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Nishant- Malaysia

July 22, 2015

3 Total
- with this Broker

Guys , what scam you people are talking about. ? can you explain briefly . I didnt have any problem. is there any withdrawal problem or anything need suggestion.

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July 3, 2015

2 Total
3 with this Broker

Dear All,

Very Big Scam *** in Hyderabad stay away from this broker

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