Sort by content
- Sort by content
- Sort by time
Write a review
No valid regulatory information, please be aware of the risk!
General Information & Regulation
Rich Bull, a trading name of Rich Bull Fx Ltd, is allegedly a forex and CFD broker registered in the United Kingdom that claims to provide its clients with over 2,100 tradable financial instruments with variable spreads and no commission on the MT5 for Windows, iOS and Android trading platforms, as well as a choice of five different live account types. Here is the home page of this brokers official site:
As for regulation, it has been verified that Rich Bull does not fall under any valid regulations. That is why its regulatory status on WikiFX is listed as “No License” and it receives a relatively low score of 1.08/10. Please be aware of the risk.
Rich Bull advertises that it offers access to CFDs on more than 2,100 trading instruments in financial markets, covering forex, metals and shares.
Apart from free demo accounts, Rich Bull claims to offer five types of live trading accounts, namely Bronze, Silver, Gold, Platinum and Diamond. The minimum initial deposit amount is $100 for the Bronze account, while the other four account types have much higher minimum initial capital requirements of $1,000, $5,000, $10,000 and $20,000 respectively.
Spreads & Commissions
Rich Bull claims that different account types can enjoy quite different spreads. Specifically, clients on the Bronze, Silver, Gold, Platinum and Diamond accounts can enjoy spreads from 2.5 pips, 2.0 pips, 1.5 pips, 1.0 pips and raw separately. All charging no commissions.
Trading Platform Available
Platforms available for trading at Rich Bull are MT5 for Windows, iOS and Android. In any case, we recommend using MT4 or MT5 for your trading platform. Forex traders praise MetaTrader's stability and trustworthiness as the most popular forex trading platform. Expert Advisors, Algo trading, Complex indicators, and Strategy testers are some of the sophisticated trading tools available on this platform. There are currently 10,000+ trading apps available on the Metatrader marketplace that traders can use to improve their performance. By using the right mobile terminals, including iOS and Android devices, you can trade from anywhere and at any time through MT4 and MT5.
Deposit & Withdrawal
From the logos shown at the foot of the home page on Rich Bulls official website, we found that this broker seems to accept numerous means of deposit and withdrawal choices, consisting of LIPI, Bank Transfer, Bitcoin, Skrill, Neteller and Perfect Money. The minimum initial deposit requirement is said to be $100, while there is no mention of what the minimum withdrawal amount is.
Rich Bulls customer support can be reached by telephone: +44-725-552-03, email: firstname.lastname@example.org or send messages online to get in touch. You can also follow this broker on social networks such as Twitter, Facebook, Instagram and YouTube. Company address: 71 - 75 SHELTON STREET, LONDON, ENGLAND WC2H 9JQ.
Online trading involves a significant level of risk and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.
Sort by content
Write a review