Reported as a scam / unregulated
Why FXBULLS is on the register
FXBULLS claims it is a reliable trading platform for different kinds of traders and displays multiple regulatory information on the website, including: 1) the Financial Service Agency (FSA); 2) the Financial Conduct Authority (FCA); 3) the Cyprus Securities and Exchange Commission (CySEC); 4) the Financial Sector Conduct Authority (FSCA); 5) the Dubai Financial Services Authority (DFSA). However, searching on the above watchdogs’ registry, we do not find any match results to FXBULLS or the license number the broker claims. Therefore, all regulatory info on the website is false propaganda for unsuspecting traders. What’s more, we noticed the firm is located in Hong Kong. But we did not find any match results to FXBULLS in the Hong Kong Securities And Futures Commission (HK SFC). So FXBULLS is actually not regulated by any regulators. That means investors’ money in this broker is unsafe and cannot be protected by any law. It is a scam.
If you have money with this broker
- Stop sending funds. Do not pay any further “fees”, “taxes” or “verification” charges to release a withdrawal — this is a common secondary scam.
- Preserve evidence. Save transaction IDs, wallet addresses, chat logs, and every screenshot before the account is closed.
- Report it. Notify your bank/exchange and your national financial regulator so the activity is on record.
- Get guidance. Tell us what happened and we will point you toward the right next step. We are a free public registry — we never charge any fees.
SentFunds is an information and referral service. Listing reflects reported concerns and public findings; it is not a legal determination.