ANSWER FXBULLS is not a licensed or regulated broker even though it states offers that look good to be true. FXBULLS claims to be 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.The truth is, FXBULLS is not overseen by any regulators. That means your personal data or your funds in this broker are unsafe and cannot be protected by any law. We would recommend traders stay away from unregulated brokers like FXBULLS and trade with licensed brokers.
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