ANSWER Dear Investor,
We do not recommend choosing Bulge Group as your broker because it does not hold a valid licence.
Bulge Group claims to operate under Bulge Group Investments Limited. However, it does not provide any regulatory information, only claiming to be registered in Saint Lucia. While we can confirm that a company with the same name exists in the Saint Lucia International Financial Centre (IFC) registry, this registration merely grants it International Business Company (IBC) status. This does not constitute a valid financial licence. The IFC neither regulates nor licenses forex trading activities.
In essence, Bulge Group appears to be unlicensed by any recognised financial authority. This is a major red flag indicating fraudulent activity. We therefore strongly advise you to avoid trading with Bulge Group in order to protect your capital.
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