FPbulls is not a licensed or regulated broker even though it states offers that look good to be true. FPbulls claims to be registered in the United Kingdom and New Zealand under the name of FPBULLS INTERNATIONAL LIMITED, with registration numbers 13673642 and 9429050599318.
As per this information, we searched in the Companies House of the United Kingdom (CH) and the New Zealand Financial Markets Authority (NZ FMA).
First, we found a matching result in CH. However, CH is the United Kingdom's registrar of companies which has no legit rights to regulate any forex activities. Having registration does not mean having any regulation. As per United Kingdom law, all firms and individuals offering, promoting, or selling financial services or products in the UK shall be authorized by the United Kingdom Financial Conduct Authority (FCA). However, we did not find any matching results in FCA.
Moreover, when we searched in NZ FMA, we only found a warning against FPbulls issued by NZ FMA for may be operating a scam. You can check the full warning from here.
The truth is, FPbulls 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 FPbulls and trade with licensed brokers.
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