The brokerage firm positions itself as a global brand that seeks to improve the financial transaction experience for its users. The company claims to offer access to global financial markets and analytical data. However, this doesn’t jibe with the monolingual interface and lack of licenses.
Is it profitable to trade here? Is there a guarantee of security and protection of client data? You will find out more about this broker in our unbiased Bullishcap review.
How to Trade
The functionality of the platform is not disclosed. The site’s developers do not provide the types of assets available or basic market descriptions. The broker offers the following trading options:
- Five account types.
- Leverage from 1:30 to 1:500.
- Spreads from 0.6 pips/
- Minimum deposit from $250 and further $10K/$50K/$100K/$250K.
Withdrawals are made in crypto only. Half of the homepage is dedicated to debit card offers and promotion of the referral program. These are probably the main services of this intermediary.
The list of services expands as the deposit grows. They include trading events and signals.
Bullishcap Vital Info
The owners of the platform do not provide any information about its history and the broker’s team. Please note that the project used three different TLD domains. The first one, bullishcap.com, was created on January 16, 2025 and has already ceased its operation, while the second one, bullishcap.co, which we are investigating, was registered only on February 21, 2025. Finally, the third and newest one, bullishcap.io, is active as of April 2025. Such an unusual TLD domain change raises questions for us about the reliability of the company.
The office address is also not disclosed on the website. So how are the financial activities of this brokerage firm regulated? Presumably, it is based in St. Vincent and the Grenadines. This is hinted at by the section on disputes and courts in the Terms and Conditions. Meanwhile, our search did not yield anything, this brand is not in the SVGFSA database. In addition, this company is also absent from the global registry of legal entities. In fact, the intermediary provides services without complying with legal requirements.
I have a great experience of trading both on forex and CFD markets, as well as on the real markets of stocks and other securities, cryptocurrencies. So I can share exactly my experience and opinion regarding Bullishcap, where scammers wanted to make money on my old friend who started to learn this business and took the path of trading. He did the right thing to first seek my advice about this company and I advised him not to even register an account here. I recommend it to all other traders and investors. The first thing I noticed was the official website bullishcap.io. I recommend you: go to the website of some of the most famous brokers (I am not naming them, otherwise the moderators will consider me an advertising agent and my review will be deleted), and see what it is, and then compare it with the platform at this broker. The conclusion is simple: you can't call this primitive portal by the word “website”, it's some kind of one-page blank. Bullishcap gives zero information, zero data, nothing from the history of the company has been provided to it, nothing has been explained in the trading conditions, and the whole focus of the offers is concentrated on the referral program. These are the first red flags. The second is the lack of documentation. I still haven't found any reports from Bullishcap's previous years of operation, although I later realized that they weren't there because the broker has been online for less than a month. But for some reason there are no bank details, legal address, registration documents and many other accounting and legal documents that absolutely any broker should have, even working for just one day!!!! The third sign of scam is the lack of license. I also noticed that Bullishcap has not received any license to operate. The homepage flashes information that it is a regulated broker, that's ALL! I am telling this for newbies. The broker should not just write “we are regulated”, but should indicate a clear license number and the name of the financial commission from which it received the license, as well as the name of the license itself, because they also come in different forms: for brokerage activity, investment activity, depository activity and so on. Since the legal address is not listed on bullishcap.co, I don't want to explore all sorts of user agreements and other copied documents for clients that don't attract your attention . Besides, it's not even clear to me which registries and which regulators to check. In addition, there is no need to do so, as this broker would not have been able to get a license anyway due to the lack of registration of a legal entity. So, my verdict is that it is definitely a SCAM.
I can provide evidence that this broker changes the chart movement according to the managers' decisions. Look closely at the charts at night and you will see a crazy merry-go-round!! These are scammers who embezzle clients' money on a crazy scale! Don't believe their promises!
Hi everyone!!! I researched the activities of this broker, and the first thing I saw was an unknown legal address. In fact, BULLISHCAP has no branches, no offices, nothing is open, operating, registered. The real existence of this firm within the legal framework is questionable, it may not even exist. I assume they are scammers, and if they did register their scam, they did it somewhere offshore. I found in the User Agreement a mention of litigation in the jurisdiction of St. Vincent and the Grenadines. However, in any case, even if this is true, there is a negative factor because BULLISHCAP has no other offices in other jurisdictions. It should be noted that SVGFSA requires at registration of the broker to have licenses from the countries where the company is going to operate, this procedure has been in place since 2022. In addition, BULLISHCAP operates on the B-book business model. By this I mean the fact that clients' orders are executed inside this company, although they should be transferred to liquidity providers (ECN pools, other brokers), so the conflict of interest between the service and its clients should be eliminated, or the company should hedge traders' positions, but BULLISHCAP does not do this. There is not even a hybrid scheme here, where large orders are withdrawn and small ones are processed within the platform. This is 100% risk, because the point of B-book is to make money from traders not by commissions, but by reducing their deposit, meaning transferring clients' money into the broker's pocket. I have given you ironclad arguments in favor of the fact that this broker is not a reliable partner at all, but a representative of the fraudulent majority of lying companies. You should not trade on bullishcap.co, and you should also conduct your own analysis of sites of this kind, so as not to fall for the scammers. After all, there are less obvious fraudulent companies that operate more subtly, not like BULLISHCAP, which immediately gives itself away by its website design that it is a scam.
This is not a broker, this is a group of people who cheat clients, they cheated me on signals like the last fool and blocked access. I called the representative of the company and he said: fund your account with 100 dollars and we will give you back 250 dollars! I am surprised by such impudence!
Fellow traders, please note that this broker is engaged in fraud!!! The offshore company does not have any license - but who in their right mind would stick their nose into this brokerage network that has an unclear period of operation and a minimum deposit of $250? If you are new to trading, then please search for forex brokers in Google, the search aggregator will show you firms that have been on the market for 10-20 years or more. These are the brokers you can trust. You should not waste your money on this kind of scam, these crooks are not worth it. At least there would be at least a license, but there is no regulation here. This means that the pseudo broker will do whatever they want with your money. And you should also realize that this is a forex B-book model that will work against you. I hope I helped save funds for at least one person 🤑
You can make money at BULLISHCAP with CFDs. After all, it is essentially the same financial market, only you are not selling/buying real assets, but just securities that confirm your ownership of these assets. However, you can profit not only from rising but also from falling prices by opening short positions. And the risk is that you can choose such a high leverage on bullishcap.co that you will lose your entire deposit in an instant. Well, since the broker offers training courses and assistance of experienced analysts, the company will help you in every possible way to avoid total loss of your deposit with its recommendations, which means that you can trade with BULLISHCAP and not worry about the damage, the main thing is to keep an eye on risk management. I have not seen this intermediary involved in any way in terminal manipulation, fake quotes and other negative things. Although there are some negative reviews, but in my opinion, they are written by people who do not know how to trade CFDs and choose high leverage.