Bullfy

According to WikiFX assessment, Bullfy Ltd. holds a low score of 1.14 out of 10, reflecting significant safety concerns. The broker operates without any valid forex trading license from a recognized regulatory authority, meaning there is no external oversight to enforce client fund protection or industry standards. This lack of regulation, combined with a short track record of 1–2 years and a registration in Saint Lucia—a jurisdiction with limited financial supervision—places the broker in a high-risk category. Traders should approach with extreme caution and consider the absence of safeguards before engaging.

No, Bullfy is not regulated. WikiFX data shows that the broker holds no licenses from any major financial regulator, such as the FCA, ASIC, or CySEC. The regulatory status is listed as 'Not Regulated,' and the license index is zero. The absence of credible oversight means there is no mechanism to ensure compliance with industry standards or to protect client funds in case of disputes.

Bullfy offers three account types with varying minimum deposits. The Bullmaster account requires a minimum deposit of $1,000. The Bullstart account has two variants: one with a $500 minimum deposit and leverage up to 1:300, and another with a $50 minimum deposit and leverage up to 1:100. This range allows traders to start with as little as $50, though the lower deposit accounts come with lower leverage.

Bullfy does not publicly disclose support for MetaTrader 4 or MetaTrader 5. According to the account details, the broker's trading platform is not specified, which is a notable gap in transparency. Traders who rely on these popular platforms should verify available alternatives directly with the broker before committing.