Bulbrokers Review 2026

Item: Bulbrokers
Rating: 6.53
Author: Oleg Tkachenko

By: Oleg Tkachenko
Updated: July 03, 2026

Top Brokers Overview — United States

Min. deposit $100
Fees 7 /10
Account types 4 /10
Regulation 9.6 /10

6.5 /10

Moderate risk

Bulbrokers User Reviews 2.0
Commissions and Fees 7.0
Regulation and Safety 9.6
Account Types 4.0
Deposit and Withdrawal 5.5
Markets and Tradable Assets 3.5
Trading Account Opening 8.0
Customer Support 3.5

Bulbrokers Pros & Cons

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.

TU Expert Verdict

Bulbrokers demonstrates moderate stability and can suit certain traders. Its conditions are acceptable, and feedback is mixed but reasonable. In my own tests, it performed adequately, though it lacks the consistency of higher-rated companies.

Top-5 Brokers Traders Prefer

zForex

8.1 /10

Regulation Not regulated

EUR/USD 0.1 pips

Plus500

7.6 /10

Regulation Tier-1

EUR/USD 0.5 pips

OANDA

6.9 /10

Regulation Tier-1

EUR/USD 0.1 pips

Trading.com USA

6.2 /10

Regulation Tier-1

EUR/USD 0.9 pips

FOREX.com

6.9 /10

Regulation Tier-1

EUR/USD 0.7 pips

Bulbrokers User Reviews

Score:

2 /10

4 total

5-star

0%
4-star

0%
3-star

0%
2-star

0%
1-star

100%

People! Be carefull! I lost several thousand dollars through the fault of Bulbrokers, now I'm trying to get it back. They just refused to withdraw money.

I deposited money, I did not start trading. I have a huge experience in the market, but I have never met such unqualified support, and my arrogance just rolls over. It's terrible to even think about what will happen next.

I noticed that all transactions made on the Bulbrokers platform are matched within the company and no one brings orders to the interbank market. I noticed this on the example of ECN accounts in a couple of companies and here inclusively. In those companies, deals were closed at specific prices, but here there was an irregular deviation and clearly not in my favor. Therefore, I declare that Bulbrokers is another Forex cuisine.

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Commissions and Fees

Score:

7 /10

The trading and non-trading commissions of Bulbrokers have been analyzed and rated as having Medium fees, with a fees score of 7/10. Additionally, these commissions were compared with those of the top two competitors, ZForex and OANDA, to provide the most comprehensive information.

Low Forex trading fees
Tight EUR/USD market spread
No inactivity fee
No deposit fee

Withdrawal fee applies

Trading Fees and Spread

Below, we evaluated and compared the trading commissions of Bulbrokers with those of two competitors. We focused on the spreads and other transaction fees directly associated with executing trades (e.g commission per lot on an ECN account). This comparison aimed to provide a clear understanding of the cost efficiency of each broker.

Standard Account Spread

For Standard accounts, Bulbrokers’s commissions are part of the floating spread, which varies with market conditions. Typical values are provided, but during high volatility, the spread may exceed these.

Bulbrokers Standard spreads
	Bulbrokers	ZForex	OANDA
EUR/USD min, pips	0.2	0.1	0.1
EUR/USD max, pips	0.5	0.4	0.5
GPB/USD min, pips	0.3	0.2	0.1
GPB/USD max, pips	0.7	0.6	0.5

RAW/ECN Account Commission And Spread

The spread on ECN/RAW accounts is market-based and fluctuates, with average values given during active hours. It may vary during volatility spikes. A commission per lot is also charged.

Bulbrokers RAW/ECN spreads
	Bulbrokers	ZForex	OANDA
Commission ($ per lot) The commission is the fee charged by the broker for trading one standard forex lot (100,000 units of the base currency).	3.5	7	3.5
EUR/USD avg spread	0.1	0.1	0.15
GBP/USD avg spread	0.1	0.15	0.2

Non-Trading Fees

We conducted a detailed analysis of the non-trading fees associated with Bulbrokers. This review offers a comprehensive overview of the additional costs that may impact traders beyond regular trading activities.

Bulbrokers Non-Trading Fees
	Bulbrokers	OANDA
Deposit fee, % The indicated amount does not include possible fees from payment systems and banks.	0	0
Withdrawal fee, % The indicated amount does not include possible fees from payment systems and banks.	0-0.4	0
Withdrawal fee, USD The indicated amount does not include possible fees from payment systems and banks.	0-0.35	0-15
Inactivity fee ($, per month)	0	0

Is Bulbrokers Safe?

Score:

9.6 /10

Bulbrokers has a safety score of 9.6/10, which corresponds to a High security level. The safest brokers are those with Tier-1 regulation, a long history (over 10 years in the market), and participation in investor compensation schemes.

Tier-1 regulated
Negative balance protection
Regulated in the UK
Track record over 21 years

Strict requirements and extensive documentation to open an account

Bulbrokers Regulators and Investor Protection
Abbreviation	Full Name	Country of regulation	Investor Protection Fund	Regulation Level
FCA UK	Full Name Financial Conduct Authority	Country of regulation United Kingdom	Investor Protection Fund Up to £85,000	Regulation Level Tier-1
Abbreviation FSC (Bulgaria)	Full Name Financial Supervision Commission	Country of regulation Bulgaria	Investor Protection Fund Up to €20,000	Regulation Level Tier-2
Abbreviation ASF (Romania)	Full Name Comisia Națională a Valorilor Mobiliare	Country of regulation Romania	Investor Protection Fund Up to €20,000	Regulation Level Tier-2

Bulbrokers Security Factors
Foundation date	2005
Negative balance protection	Yes
Verification (KYC)	Yes

Account Types

Score:

4 /10

Bulbrokers offers the following account options: Demo, Standard, ECN/Raw spread.

However, it does not provide a Cent account, which can be a disadvantage for beginners looking to practice with minimal risk.

Demo account
Standard account with balanced trading conditions
Tight spread ECN account

Micro lots are not available
No Swap Free account

Bulbrokers account types vs top competitors
	Bulbrokers	ZForex	Plus500
Standard	Yes	Yes	Yes
ECN/Raw spread	Yes	Yes	No
Demo	Yes	Yes	Yes
Cent	No	No	No
Micro	No	No	No
Swap Free	No	Yes	Yes
VIP	No	No	No
Managed	No	No	No

Deposit and Withdrawal

Score:

5.5 /10

Bulbrokers received a Medium score for the efficiency and convenience of its deposit and withdrawal processes.

Bulbrokers provides a reasonable range of deposit and withdrawal options with moderate fees, in line with industry standards.

Bank wire transfers available
No deposit fee
Bank card deposits and withdrawals
Low minimum withdrawal requirement

BTC payments not accepted
PayPal not supported
Wise not supported

What are Bulbrokers deposit and withdrawal options?

Bulbrokers provides a basic range of deposit and withdrawal options, covering essential methods in line with industry standards. This set of options is sufficient for most traders, with available methods Bank Card, Bank Wire, Skrill.

Bulbrokers Deposit and Withdrawal Methods vs Competitors
	Bulbrokers	ZForex	Plus500
Bank Wire	Yes	No	Yes
Bank card	Yes	Yes	Yes
PayPal	No	No	Yes
Wise	No	No	No
BTC	No	Yes	No

What are Bulbrokers base account currencies?

A wide range of base account currencies minimizes the need for currency conversion, potentially reducing transaction costs. Bulbrokers supports the following base account currencies: USD, EUR, BGN.

What are Bulbrokers's minimum deposit and withdrawal amounts?

The minimum deposit on Bulbrokers is $100, while the minimum withdrawal amount is $1. These minimums may vary depending on the chosen account type and payment method. For specific details, please contact Bulbrokers’s support team.

Markets and Tradable Assets

Score:

3.5 /10

Bulbrokers offers a limited selection of trading assets compared to the market average. The platform supports 0 assets in total, including 26 Forex pairs.

Indices trading
Multiple markets

No ETFs
Futures not available

Supported markets vs top competitors

We have compared the range of assets and markets supported by Bulbrokers with its competitors, making it easier for you to find the perfect fit.

	Bulbrokers	ZForex	Plus500
Currency pairs	26	50	60
Total tradable assets The total tradable assets listed include all available instruments, including CFDs. Due to regional restrictions, certain CFDs may not be offered in some countries. For example, cryptocurrency CFDs are banned in the UK, and the U.S. has restrictions on CFDs.		80	2800
Stocks	Yes	Yes	Yes
Commodity futures	Yes	Yes	Yes
Crypto Cryptocurrency CFDs are restricted or prohibited in certain regions due to regulatory limitations. These include the United Kingdom, China, Egypt, the United States and Canada.	No	Yes	Yes
Stock indices	Yes	No	Yes
Options	No	No	Yes

Investment options

We also explored the trading assets and products Bulbrokers offers for beginner traders and investors who prefer not to engage in active trading.

	Bulbrokers	ZForex	Plus500
Bonds	No	No	No
ETFs	No	No	Yes
Copy trading	No	Yes	No
PAMM investing	No	No	No
Managed accounts	No	No	No

Trading Account Opening

Score:

8 /10

We successfully registered an account with Bulbrokers in 20 minutes. The KYC verification was completed within 2 business days. The minimum deposit amount at Bulbrokers is $100.

This is one of the most accessible and hassle-free onboarding procedures on the market.

Low minimum deposit requirement
Fully online account opening process

Registration process may take longer than expected
Account approval may require extra time depending on the documentation.

Bulbrokers account opening
	Bulbrokers	ZForex	Plus500
Online Registration	Yes	Yes	Yes
Minimum deposit	$100	$10	$100
Mandatory KYC	Yes	Yes	Yes
Registration time (min)	20	8	5
KYC time (days)	2	1	3

Is Bulbrokers available in my country?

If you are a citizen of United States, the broker accepts clients from your country.

Please note that availability may vary due to regulatory requirements, so we recommend confirming directly with the broker for the most accurate and up-to-date information.

Account opening details

A trader can start trading after opening a live account, which can be done directly on the broker's website. Here's a quick guide on how to open an account:

Go to the company's homepage and click "Open Live Account."
Individual traders need to check the "Individual Account" box.
Set the parameters for your future account: trading platform, base currency, and leverage size.
Select your country of residence from the list and provide other personal details in the form: first name, last name, gender, date of birth, and address.
Provide your phone number and email. These will be used by Bulbrokers staff to contact you.

After registering the account, the trader is can:

Complete verification.
Make a deposit.
Install trading software.
Manage the account.
Generate trading reports.
Open demo accounts.
Submit withdrawal requests.

Customer Support

Score:

3.5 /10

The broker’s customer support shows noticeable weaknesses in responsiveness or communication quality. Delays in replies are common, and resolution may require repeated contact.

In TU testing, response speed was below expectations, and assistance was limited in depth. Traders who rely heavily on support may experience inconvenience.

Contacts
Foundation date	2005
Registration address	18, Krakra Street, 1 floor Sofia
Regulation	FSC (Bulgaria)
Official site	bulbrokers.com
Contacts	office@bulbrokers.com (+359 2) 4893 715, 4893 798, (+359 88) 6423 400

Best Bulbrokers Alternatives

zForex

8.1 /10

Regulation Not regulated

EUR/USD 0.1 pips

Plus500

7.6 /10

Regulation Tier-1

EUR/USD 0.5 pips

OANDA

6.9 /10

Regulation Tier-1

EUR/USD 0.1 pips

Trading.com USA

6.2 /10

Regulation Tier-1

EUR/USD 0.9 pips

FOREX.com

6.9 /10

Regulation Tier-1

EUR/USD 0.7 pips

FAQs

How is Bulbrokers regulated and what client protection measures are mentioned in the review?

Bulbrokers has a safety score of 9.6/10 and is described as having a High security level, with Tier-1 regulation from the FCA in the United Kingdom and additional regulation from authorities in Bulgaria and Romania. The review notes the presence of investor compensation schemes (up to £85,000 under the FCA and up to €20,000 under the Bulgarian and Romanian regulators), negative balance protection, mandatory KYC, and a track record since 2005.

What trading account types are available and what key limitations are highlighted?

The review states that Bulbrokers offers Demo, Standard, and ECN/Raw spread accounts, with advantages such as a demo option, tight-spread ECN account, and low minimum deposit. It also notes the absence of Cent, Micro, Swap Free, VIP, and managed accounts, which is described as a disadvantage, especially for beginners and those needing specific account features.

What do Bulbrokers user reviews and feedback in this profile indicate about client experience?

The user satisfaction score is reported as 2/10, based on 4 user reviews, with 100% of ratings being 1-star and no higher ratings recorded. According to user reviews, overall feedback in this section is mostly negative, although the specific reasons for dissatisfaction are not detailed in the review.

What markets and tradable assets are described for Bulbrokers, and how do reviews characterize its range?

The review notes that Bulbrokers supports 26 currency pairs and provides access to stocks, commodity futures, and stock indices, but does not offer crypto, options, bonds, ETFs, copy trading, PAMM investing, or managed accounts. It describes the overall selection as limited compared to the market average, with specific mention that futures and bonds are not available as separate asset categories.

How is the Bulbrokers trading account opening process described in user-oriented feedback?

The review reports that opening an account with Bulbrokers took 20 minutes, with KYC verification completed within 2 business days, and highlights a fully online process and a $100 minimum deposit as advantages. It also mentions that account approval can require extra time depending on documentation and that the registration process may take longer than expected for some users.