About ASSETSBULL
Overview
ASSETSBULL is a forex and CFD broker registered in the United Kingdom, with a registered address at 128 City Road, London, EC1V 2NX. The company was founded on 20 December 2021, making it a relatively new entrant in the online trading space. According to our records, ASSETSBULL does not hold any regulatory licences from financial authorities.
Despite the lack of regulation, the broker operates a website at assetsbull.com and maintains a presence on social media platforms including Facebook, Instagram, LinkedIn, and Twitter/X. FXCanary's Scam Risk Score for ASSETSBULL stands at 46 out of 100, indicating a guarded level of risk.
Account Types
ASSETSBULL offers four account types catering to different trader profiles and capital sizes. The Mini Account requires a minimum deposit of $10 and offers a maximum leverage of 1:1000, aimed at beginners or those with limited funds. The Standard Account requires a $100 minimum deposit and provides leverage up to 1:500.
A Demo Account is available with a minimum deposit of $1,000 and leverage capped at 1:500, which is unusual for a demo account as most brokers offer free virtual funds without a deposit. The Pro Account requires a $500 minimum deposit and offers the lowest maximum leverage of 1:200, likely targeting more experienced traders who prefer lower risk.
Regulation and Licensing
Our records show that ASSETSBULL is not regulated by any financial authority. While the company is registered as a corporate entity in the United Kingdom, registration does not equate to regulatory oversight by bodies such as the Financial Conduct Authority (FCA).
The absence of regulation means that traders do not benefit from protections such as negative balance protection, segregated client accounts, or access to compensation schemes. This is a significant factor for traders to consider when evaluating the broker's trustworthiness.
Instruments and Platforms
Specific tradable instruments and trading platforms are not listed in our known facts. However, given the account types and leverage offerings, it is reasonable to assume that ASSETSBULL provides access to forex currency pairs and possibly CFDs on indices, commodities, or cryptocurrencies.
Without official information from the broker's website, traders should seek clarity on the available asset classes and the trading platforms (such as MetaTrader 4 or 5) before committing funds.
Risk Considerations
Trading with ASSETSBULL carries notable risks, primarily due to its unregulated status and the availability of very high leverage, including up to 1:1000 on the Mini Account. High leverage can amplify both profits and losses and is often associated with increased risk of significant capital loss.
The FXCanary Scam Risk Score of 46/100 reflects these concerns, indicating that while the broker may not be an outright scam, there are sufficient warning signs to warrant caution. Traders are advised to conduct thorough due diligence and consider only brokers with credible regulation.
Overview compiled by FXCanary from regulatory records and public data. full ASSETSBULL review