ANSWER Dear Investor,
PDMBulls is not a reliable broker due to its lack of regulatory credentials.
PDMBulls has not provided any regulatory information, merely supplying a registered address in Saint Lucia. Upon checking, we found that PDMBulls Limited is indeed registered with the Saint Lucia International Financial Centre (IFC). However, this registration is solely for an International Business Company (IBC). Please note that Saint Lucia itself does not regulate forex or CFD derivative trading activities. This does not mean the company has obtained a forex trading license or that its trading activities are supervised. In reality, PDMBulls appears to be an unlicensed broker.
Therefore, we advise you to avoid trading with unlicensed brokers, as your funds will not be protected or regulated by any authority.
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