Bulls&Bears Trades Account Types & How to Open

When we sat down to map out the account structure at Bulls&Bears Trades, the first thing that struck us was the sheer range of minimum deposits. The broker lists four tiers – standart, gold, premium and platinum – with entry points from €2,500 all the way up to €25,000. That is a very wide ladder, and it immediately tells you something about the kind of client this firm is courting: not the casual retail trader with a few hundred euros, but someone prepared to commit serious capital.

At the same time, we have to be honest about what we could and could not verify. Our records show the company is registered in the United Kingdom as Bulls&Bears Trades LIMITED, with a single FCA licence on file – licence no 777911 – for a Forex Execution License (STP). Yet the broker's own website and social-media presence are, in our assessment, effectively unverifiable. That contradiction – a regulated entity with no visible digital footprint – is exactly the kind of thing that makes us cautious, and it should make you cautious too.

The standart account – note the spelling, which is unusual – requires a minimum deposit of €2,500. That is not a small sum for a first step. Many mainstream brokers let you open an account with €100 or less, so €2,500 immediately filters out the curious and the undercapitalised. The maximum leverage on this tier is 1:1000, which is extremely high – far above what most regulated brokers in Europe would offer retail clients.

The minimum spread is listed at 1.8 pips, which is on the higher side for a standard account, though without knowing the instrument or whether that is a fixed or average spread, we cannot judge it too harshly. What we can say is that a 1:1000 leverage ratio is a double-edged sword: it can magnify gains, but it can also wipe out an account in a single adverse move. For a €2,500 account, a 100-pip move against you at that leverage could be catastrophic. We would urge any trader considering this tier to understand the risk fully before committing.

The gold account sits at a €5,000 minimum deposit, double the standart tier. The maximum leverage remains at 1:1000, and the minimum spread improves to 1.6 pips. That is a modest improvement in cost, but the leverage risk is unchanged. In our view, the gold account is aimed at traders who want a slightly better spread but are not yet ready for the premium or platinum tiers.

What is missing from our records is any detail on commissions. The commission column is blank for all tiers, which could mean the broker operates on a spread-only model, or it could simply mean the information is not disclosed. We cannot assume one way or the other. If you are comparing this account to competitors, you should treat the lack of commission data as a red flag – a transparent broker would publish its full fee schedule.

The premium account requires a €10,000 minimum deposit, which is a significant commitment. The maximum leverage is again 1:1000, and the minimum spread drops to 1.2 pips. That is a better cost structure than the lower tiers, but it is still not exceptional – many brokers offer sub-1 pip spreads on major pairs, even on standard accounts.

For a €10,000 deposit, we would expect more than just a 0.4-pip improvement over the gold account. There is no mention of additional benefits like a dedicated account manager, premium research, or faster withdrawals – though that may simply be because our records do not include such details. We would advise any trader considering this tier to ask the broker directly what the premium account actually includes beyond the spread reduction.

The platinum account is the most expensive tier, with a minimum deposit of €25,000. Interestingly, the maximum leverage here is lower – 1:500 – which is still high but a step down from the 1:1000 offered on the other tiers. The minimum spread is 0.8 pips, the best of the four. This suggests that the platinum account is designed for larger, more serious traders who want tighter costs and are willing to accept lower leverage.

But here is the paradox: a €25,000 deposit is a substantial sum, and for that kind of money, a trader would expect a high level of service and transparency. Our records show no evidence of any additional perks – no dedicated support line, no personal account manager, no priority withdrawal processing. The broker's own website is unverifiable, which makes it impossible for us to confirm what, if anything, the platinum tier offers beyond the numbers. In our assessment, that is a serious gap.

The leverage figures on these accounts – up to 1:1000 – are a major concern when you consider the broker's regulatory status. Bulls&Bears Trades is registered in the United Kingdom and holds an FCA licence on file (no 777911). However, the FCA, like most European regulators, imposes strict leverage caps on retail clients – typically no more than 1:30 for major forex pairs. A broker offering 1:1000 to retail clients would be in direct violation of those rules.

This leads us to a critical question: is this broker actually authorised to offer these account terms to UK or EU retail clients, or is it targeting clients in jurisdictions where such leverage is permitted? Our records do not clarify this. What we can say is that if you are a UK or EU resident, trading with 1:1000 leverage through an FCA-regulated broker would be highly unusual, and you should verify the broker's permissions directly with the FCA before depositing any money.

The minimum deposits across the four tiers – €2,500, €5,000, €10,000 and €25,000 – are all high by industry standards. This is not necessarily a bad thing; some traders prefer higher barriers to entry because they filter out less serious participants. But it also means that you need to be prepared to risk a significant amount of capital just to open an account.

The spreads, ranging from 1.8 pips down to 0.8 pips, are competitive but not outstanding. Without knowing the underlying instruments or whether these are average or minimum spreads, we cannot make a definitive comparison. We also note that the commission column is blank for all tiers, which is unusual – most brokers either charge a commission or explicitly state that they are spread-only. The absence of this information is a transparency issue.

Our records do not include any details on the account-opening process, such as required documents, verification steps, or the availability of a demo account. We also have no information on deposit or withdrawal methods – the fields are blank. This is a significant gap, because a broker that does not clearly communicate how to fund and withdraw from an account is a broker that warrants extra caution.

We would expect any legitimate broker to offer a straightforward KYC process – typically a copy of your passport or ID, proof of address, and sometimes a source of funds declaration. But we cannot confirm that Bulls&Bears Trades follows this standard. If you are considering this broker, we strongly recommend contacting their support team before opening an account to ask about the process, and to test their responsiveness. A broker that is slow to respond or vague in its answers is a warning sign.

In FXCanary's assessment, the account structure at Bulls&Bears Trades is a mixed bag. On the one hand, the tiered system with varying spreads and leverage gives traders some choice, and the platinum account's lower leverage is a nod to risk management. On the other hand, the high minimum deposits, the lack of disclosed commissions, and the absence of any verifiable website or social media presence are all causes for concern.

Our scam risk score for this broker is 43/100, which we classify as 'Guarded'. That is not a full red flag, but it is far from a clean bill of health. The fact that we could find no independent user reviews and no verifiable digital footprint means we are essentially relying on the broker's own claims, which we cannot verify. For a trader, this means you should proceed with extreme caution, do your own due diligence, and never deposit more than you can afford to lose. If the broker cannot provide clear answers to your questions, walk away.