Bullfy

Bullfy is a retail forex and CFD broker incorporated in Saint Lucia in December 2025, operating under the corporate name Bullfy Limited with registration number 2025-00353. The company’s registered address is at Ground Floor, The Sotheby Building, Rodney Bay, Gros-Islet, Saint Lucia, and it also maintains an operational office in Dubai, UAE. Bullfy presents itself as a comprehensive financial ecosystem, offering brokerage services, proprietary trading, and social trading under one roof.

The broker is relatively new, having been founded at the very end of 2025, and is unregulated — a point that significantly elevates its risk profile. Despite this, the website claims over 350,000 active traders across 140 countries, though such figures should be treated with caution in the absence of independent verification.

According to our records and the broker’s own terms and conditions, Bullfy is not regulated by any financial authority. The company is registered in Saint Lucia, a jurisdiction known for light-touch regulation that does not impose the same oversight as major regulators like the FCA, CySEC, or ASIC. The absence of regulation means that client funds are not protected by any compensation scheme, and there is no external oversight of the broker’s operations.

FXCanary’s Scam Risk Score for Bullfy is 60/100 (Elevated), reflecting the combination of a new, unregulated entity with high-leverage offerings and minimal transparency. Traders considering Bullfy should be aware that they would have little recourse in the event of a dispute or financial loss.

Bullfy offers three main account types: Bullstart (minimum deposit $50, leverage up to 1:100), Bullstart? There is a naming discrepancy — the known facts list two account types named Bullstart with different specifications, while the website adds a Bullrise account. Based on the website, the tiers are Bullstart ($50, 1:500), Bullrise ($100, 1:300), and Bullmaster ($200, 1:500). The known facts, however, list Bullmaster with a $1,000 minimum deposit and 1:500 leverage, and Bullstart with two variations ($500 and $50) with 1:300 and 1:100 respectively. This inconsistency suggests the broker may periodically adjust offerings.

All accounts offer fast execution under 50ms, a range of trading assets (forex, metals, indices, crypto, shares), and deposit bonuses. Leverage up to 1:500 is available, which is extremely high and can amplify both gains and losses. The broker also provides a free demo account for practice.

Beyond standard brokerage, Bullfy promotes proprietary trading and social trading services. The proprietary trading arm funds skilled traders with firm capital, allowing them to trade without personal risk and share profits. The social trading platform includes PAMM, copy trading, and MAM modules, with minimum deposits ranging from $50 to $250. These features are designed to attract both novice traders who want to follow experts and experienced traders seeking capital.

The broker’s website also highlights a client dashboard that shows equity curves, margin levels, and performance overviews, suggesting a modern, web-based trading platform. However, the specific trading platform (e.g., MetaTrader 4/5, cTrader) is not mentioned, which is unusual for a CFD broker.

Bullfy claims to offer access to over 400 to 500 trading instruments, including forex pairs, precious metals, stock indices, cryptocurrencies, and individual shares. The exact number of instruments varies by account type, with Bullrise claiming up to 500 assets. This range is typical for multi-asset CFD brokers and caters to traders looking for diversification.

The broker does not specify its liquidity providers or execution model, which is a common omission among offshore brokers. Traders should be aware that pricing and execution quality can vary significantly without transparent disclosure.

Bullfy maintains a presence on major social media platforms including Facebook, Instagram, LinkedIn, and YouTube. The website also references global offices and personalized support, though no specific phone numbers or email addresses are prominently displayed. The terms and conditions mention a Dubai office address, but the primary regulatory domicile remains Saint Lucia.

The broker’s AML and KYC policy indicates that identity verification will be required to open an account, as expected. However, given the lack of regulation, the effectiveness of these procedures in preventing fraud is uncertain.

Bullfy primarily targets retail traders seeking high leverage and a multi-asset trading environment. The low $50 minimum deposit for the entry-level account makes it accessible to small investors, while the social trading features appeal to those who prefer copying professional strategies. The proprietary trading arm may attract skilled traders looking for funded challenges.

Conversely, Bullfy is not suitable for risk-averse investors, traders who require regulatory protection, or those trading with capital they cannot afford to lose. The combination of high leverage, an unregulated status, and a very short operating history makes it a speculative choice even among offshore brokers.