Thinking of getting into business with Market Bull? Here is what you must know about this broker. Carefully read this review to find out if Marketbull.co.uk is the trading platform you will want to trade with.
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About Market Bull Broker
Market Bull is an offshore brokerage company with a lot of promises for traders. The broker’s address shows —
The broker claims to offer 5/7 customer service, personal account manager, trading signal, and technical indicators.
There are different account types Market Bull offers. See below.
In spite the trading instruments Marketbull.co.uk claims to offer, traders must know they are dealing with an unknown broker whose regulation claim is false.
Marketbull.co.uk: Reasons to Avoid This Broker
Firstly, Marketbull.co.uk is a platform with no financial authority overseeing its financial services. The regulation claim is not legit as Luxembourg regulator, CSSF has placed a warning on this broker.
Secondly, we noticed Marketbull.co.uk has no demo account for traders. As a result of that, traders cannot possibly test the broker on a free account to know its viability in the forex market.
More so, this broker does not offer money back guarantee which means trading on such platform is clearly a risk.
These are cons for forex traders to avoid losing money with this broker.
Withdrawal and Deposit
Withdrawal process
Under the withdrawal policy, Marketbull.co.uk shows no clear information on its withdrawal and fee. That is to say, the broker cannot be trusted.
Minimum Deposit
Marketbull.co.uk minimum deposit according to the account type $1000.
As for the payment methods, we can make payment via Debit/ Credit card and Wire transfer. However, you should not consider making any payment with this broker because it is a risk.
So beware!
Marketbull.co.uk Platform
Marketbull.co.uk offers web based trading software and MT4.
As for the leverage, it can get up to 1:1000. Nevertheless, we say don’t consider doing that with an unregulated forex broker like this one because you stand the chance of losing your money and not getting it back.
Marketbull.co.uk Licensing and Regulation
It is not far from believing that this broker is not a licensed brokerage firm. It is not under any financial regulation that means your money is at risk. Its unlicensed and unregulated claims are truly a red flag and must be avoided.
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Conclusion: Is Marketbull.co.uk a Reliable Broker?
Marketbull.co.uk does not seem like a reliable broker for traders even though it promises offers that look good to be true.
The broker is unregulated which means it is not authorized to operate in any regulated country and you should definitely not put any money into it.
Kindly share your comment about this broker in the comment section.