About Bull Market
Overview
Bull Market is an Argentine brokerage firm that, according to our records, commenced operations on August 6, 2019. The company describes itself as having been started in 2000 and positions itself as a technology-driven investment platform serving both local and international markets. It offers a broad range of products including equities, bonds, options, futures, mutual funds, and CEDEARs (Argentinian depositary receipts for US stocks).
The firm is not registered with the Comisión Nacional de Valores (CNV) of Argentina or any major international regulatory body based on our internal records. It maintains a presence on Facebook, LinkedIn, Twitter/X, and YouTube.
Account Types
Bull Market provides multiple account tiers tailored to different trading volumes and service levels. These include a Digital Account for standard retail clients, as well as Active Trader and Active Trader Plus accounts for higher-volume traders. The broker also offers Wealth Management and Wealth Management Premium accounts for clients seeking advisory services.
Account activation and maintenance fees are waived, and there are no charges for deposits or withdrawals. The firm emphasises a self-directed online experience through its web and mobile platforms.
Instruments and Markets
Clients of Bull Market can trade a wide variety of financial instruments. Locally, access is provided to Argentine equities (acciones), government and corporate bonds (títulos públicos, obligaciones negociables), CEDEARs equity, options, futures contracts on the ROFEX exchange (including dollar futures), mutual funds (FCI), and fixed-term securities (cauciones).
The broker also offers international exposure through CEDEARs, which represent US stocks, and access to global markets via its affiliate Bull Market Securities, Inc., a FINRA-regulated broker-dealer in the United States.
Fees and Commissions
Bull Market structures its commissions based on account type and monthly trading volume. The Digital Account charges a flat 0.50% commission on local equity and bond trades, with 0.25% on intradía (intraday) trades. Higher-tier accounts such as Active Trader (requiring monthly volume of AR$5,000,000) benefit from reduced rates of 0.25%, while Active Trader Plus (≥AR$25,000,000) enjoys 0.10% commission rates.
Futures and options trades are priced similarly, with additional exchange fees (derecho de mercado) applied. The broker levies no explicit account or deposit/withdrawal fees, and mutual fund subscriptions and redemptions are free.
Technology and Platforms
The firm promotes its proprietary AI-driven trading platform, accessible via web and mobile app. The platform supports online trade execution, account management, and real-time market data. Bull Market also provides a help centre and educational resources to guide clients through the investment process.
Despite its technological focus, details on specific platform features such as charting tools, algorithmic trading, or API access are not clearly documented in the available public material.
Regulatory and Licensing Status
According to our internal records, Bull Market does not hold any regulatory licences from the CNV or other official authorities in Argentina, nor from international regulators such as the FCA or ASIC. The broker's website, however, claims registrations including CNV Agent No. 247 and 28, BYMA membership No. 200, and a US broker-dealer licence through Bull Market Securities, Inc. (FINRA CRD# 282480, SEC# 69718).
These claims have not been independently verified by FXCanary. The absence of confirmed regulation is a significant risk factor, as traders may lack the protection of an established investor compensation scheme or official oversight.
Target Audience
Bull Market aims to serve both individual retail investors and institutional clients, including small savers and large financial entities. Its multi-tier account structure suggests it caters to a range of experience levels, from beginners using the Digital Account to active traders and wealth management clients.
Given its focus on the Argentine market and lack of recognised international regulation, the broker is best suited for residents of Argentina who are comfortable operating under local market conditions and who seek a low-cost entry into securities trading.
Overview compiled by FXCanary from regulatory records and public data. full Bull Market review