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Bulbrokers Review

Forex BrokerUnknown

Bulbrokers is a Sofia based broker that has run since 2000 under a Bulgarian FSC investment license. It also lists BNB registration and limited FCA coverage.

Min Deposit

$100

Spreads From

Not published as a clear headline figure on the official site

Max Leverage

1:200 on the MetaTrader 4 platform, per broker directories

Platforms

MetaTrader 4, Trader Workstation

CFDs are complex instruments with high risk of losing money. Retail accounts lose money trading CFDs.

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Pros & Cons

Pros

  • Operating from Sofia since 2000, with more than two decades of history
  • Member of the Bulgarian Stock Exchange, Central Depository, and Investor Compensation Fund
  • Lists a specific Bulgarian FSC investment license number on its own regulatory page
  • Offers access to more than 100 markets across 24 countries from one account

Cons

  • WikiFX currently flags Bulbrokers as lacking a valid forex trading license
  • Its FCA registration is explicitly described as limited, not full UK authorisation
  • No live chat support, only email and phone during set business hours
  • Withdrawal commissions apply above certain amounts through the cash register method
About Bulbrokers

Bulbrokers EAD has operated from Sofia, Bulgaria since 2000, working with private, professional, and institutional clients. It is part of Financia Group, the financial arm of Alfa Finance Holding, and is a member of the Bulgarian Stock Exchange, the Central Depository, and the Investor Compensation Fund.

On its own regulatory page, Bulbrokers lists a Bulgarian FSC investment intermediary license issued in 2008, a Bulgarian National Bank registration, limited regulation by the FCA, and registration with the Romanian securities regulator. Clients trade forex, CFDs, shares, and other assets on MetaTrader 4 or the Trader Workstation platform, with leverage up to 1:200.

One well known broker checker, WikiFX, currently flags Bulbrokers as lacking a valid forex license, which does not match what the company states about itself. We could not fully resolve this gap, so confirm the current license status directly with the FSC Bulgaria register before you fund an account.

Key Facts

Min. Deposit

USD 100

Max Leverage

1:200 on the MetaTrader 4 platform, per broker directories

Spreads From

Not published as a clear headline figure on the official site

Platforms

MetaTrader 4Trader Workstation
Regulation & Safety
FSC Bulgaria (Bulgaria) — РГ-03-0009/14.07.2008FCA (UK) — 544872, described by Bulbrokers as limited regulation
Frequently Asked Questions

Score Breakdown2.7/5
Trust & Safety
0.0/5

Regulation, fund safety, track record

Trading Conditions
0.0/5

Spreads, execution, leverage

Platforms & Tools
0.0/5

Platform quality, charting, features

Research & Education
0.0/5

Analysis, webinars, learning materials

Customer Service
0.0/5

Support quality, responsiveness

Mobile Trading
0.0/5

Mobile app quality, features

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