Bulbrokers Review 2024
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
- FSC (Bulgaria)
- 2005
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
- FSC (Bulgaria)
- 2005
Our Evaluation of Bulbrokers
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
Bulbrokers is a broker with higher-than-average risk and the TU Overall Score of 3.92 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by Bulbrokers clients on our website, Traders Union expert Anton Kharitonov recommends users to consider a more reliable broker with better conditions, as, according to reviews, many clients of this broker are not satisfied with the company’s work.
Brief Look at Bulbrokers
Bulbrokers provides superior financial services being regulated by the FSC (РГ-03-0009/14.07.2008) in the EU and by the Bulgarian National Bank (BNB) in Bulgaria. Additionally, Bulbrokers is authorized by the FCA and by the Romanian National Securities Commission (CNVM).
Bulbrokers business activities fully comply with standards of multiple regulatory bodies and financial organizations the company is registered with - the Bulgarian Stock Exchange Sofia, The Central Depository, Investor Compensation Fund, The Bulgarian Association of the License Investment Intermediaries. Furthermore, the company operates strictly according to MiFID.
- Strict cross regulation by the central banks of Bulgaria, Romania and financial commissions.
- In addition to MT4, a popular Forex platform, there is also a professional mobile version of Trader Workstation.
- Educational base.
- Information on the website is not updated. The news are dated 2017-2018, price widgets don’t show latest information.
- A large part of information on trading conditions is not available on the broker’s website.
Bulbrokers Summary
| 💻 Trading platform: | Trader Workstation, BG Trader |
|---|---|
| 📊 Accounts: | ECN, BSE-Sofia |
| 💰 Account currency: | USD, EUR, BGN |
| 💵 Replenishment / Withdrawal: | Bank Transfer, Credit/Debit Cards |
| 🚀 Minimum deposit: | 100 USD |
| ⚖️ Leverage: | 1:40 |
| 💼 PAMM-accounts: | No |
| 📈️ Min Order: | 0.01 |
| 💱 Spread: | from 2 p |
| 🔧 Instruments: | Forex, Stocks, CFDs |
| 💹 Margin Call / Stop Out: | 100%/20% |
| 🏛 Liquidity provider: | No |
| 📱 Mobile trading: | No |
| ➕ Affiliate program: | No |
| 📋 Orders execution: | Instant Execution |
| ⭐ Trading features: | No |
| 🎁 Contests and bonuses: | No |
Share your experience
- Best
- Last
- Oldest
Investment Options
At the moment, the broker’s website does not offer information on any investment opportunities in open access. It is possible that the broker will expand the choice of its trading solutions in the future. For now, traders can use signal copying service on MT4, which allows traders to copy signals of traders from the MQL5 community. You can subscribe to it once you register on the MQL5 website.
If you are a large investor and plan on investments over $10,000, contact us at vip-invest@tradersunion.com or by the feedback form on our website. Our professional team will take you through all the intricacies of the deal and all the steps from signing up to withdrawal of profits.
BulBrokers Partnership program
No partnership programs are available at the moment.
Comparison of Bulbrokers with other Brokers
| Bulbrokers | RoboForex | Pocket Option | Exness | FxPro | Forex4you | |
| Trading platform |
MT4, Trader Workstation | MT4, MT5, R MobileTrader, R StocksTrader, R WebTrader | Pocket Option, MT5, MT4 | Exness Trade App (mobile), Exness Terminal (web), MetaTrader5, MetaTrader4 | MT4, MobileTrading, MT5, cTrader, FxPro Edge | MT4, MobileTrading, MT5 |
| Min deposit | $100 | $10 | $5 | $10 | $100 | No |
| Leverage |
From 1:1 to 1:40 |
From 1:1 to 1:2000 |
From 1:1 to 1:1000 |
From 1:1 to 1:2000 |
From 1:1 to 1:500 |
From 1:10 to 1:2000 |
| Trust management | No | No | No | No | No | No |
| Accrual of % on the balance | No | No | No | No | No | No |
| Spread | From 2 points | From 0 points | From 1.2 point | From 1 point | From 0 points | From 0.1 points |
| Level of margin call / stop out |
100% / 20% | 60% / 40% | 30% / 50% | No / 60% | 25% / 20% | 100% / 20% |
| Execution of orders | Instant Execution | Market Execution, Instant Execution | Market Execution | Market Execution, Instant Execution | Market Execution | Market Execution, Instant Execution |
| No deposit bonus | No | No | No | No | No | No |
| Cent accounts | Yes | Yes | No | No | No | Yes |
User Satisfaction