BullishFX

The safety and reliability of a broker are fundamentally tied to its regulatory status and operational transparency. BullishFX holds an overall WikiFX score of 2.25, which is very low on a 10-point scale. This score reflects significant concerns, primarily due to its unverified regulatory status. According to WikiFX data, the firm holds no verified authoritative forex trading licenses. Its primary claimed license in Seychelles is listed as 'Unverified' by the Financial Services Authority. Operating without effective oversight, it lacks established safeguards like investor compensation funds. Therefore, BullishFX presents a high-risk profile for retail investors and requires substantial caution.

BullishFX is not regulated by any mainstream, top-tier financial authority. The broker's entity, Oval Ltd., is registered in the Seychelles. It claims to hold a Derivatives Trading License from the Seychelles Financial Services Authority (FSA), but this license is flagged as 'Unverified' according to WikiFX's assessment. This status indicates the license has not been independently validated and does not constitute credible regulatory oversight. Consequently, traders should not rely on this license for investor protection.

Detailed public information regarding BullishFX's account-specific minimum deposit requirements is not currently available on its official disclosures or through WikiFX data. To obtain this information, prospective clients would need to consult the broker's website directly or contact its customer service, as such terms can vary by account type and region.

Yes, BullishFX supports the MetaTrader 4 (MT4) platform. WikiFX data identifies the broker as providing access to two dedicated MT4 servers. The average trade execution speed on these servers is reported to be approximately 6.33 milliseconds. The broker does not appear to support the MetaTrader 5 (MT5) platform at this time.