Bullish Runs: Be Careful With This Firm
Stop! It’s a Scam! Your money is not safe if you are trading with this unregulated, off-shore broker.
Bullish Runs - DO NOT TRADE WITH THIS PROVIDER
2.3/10
$100
Minimum Depositupdated 2025
The details for opening trading accounts are not indicated on the broker’s website. In order to register with this broker, you only need to go to their sign-up page where you’ll be asked to enter your name, email address, phone number, and password. You’ll also be asked to accept their Terms and Conditions and confirm that you’re over 18 years of age. After this, the trading platform will be made available for you and you can start trading using their demo account.
Try these regulated brokers if you want to start trading cryptocurrencies
82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money
Plus500 is a FTSE 250 listed brokerage providing online trading services in CFDs, across 2,000+ securities and multiple asset classes.
Website: https://bullishrunspro.com/
Regulation: No
Language: English
Guaranteed funds: No
Segregated accounts: No
Minimum deposit: $1000
Leverage: 1:500
Spread: ❌
When it comes to online trading, one of the most important steps in safeguarding your investments is ensuring that you are dealing with a legitimate and properly regulated broker. Unfortunately, the internet is full of fake brokers that prey on unsuspecting traders. Bullish Runs, also known as Bullishrunspro, is one such scam.
Despite appearing like a legitimate forex broker, the platform is nothing more than a fraudulent operation designed to deceive users and steal their money. In this review, we’ll break down the reasons why Bullish Runs should be avoided at all costs and how you can spot a fake broker like this one.
Disadvantages:
Bullish Runs Regulation: A Red Flag for Fraud
One of the first signs that a broker is unreliable is the lack of proper regulation and legal documentation. Legitimate brokers will provide clear and transparent information about their licensing, the company behind them, and their legal obligations. In the case of Bullish Runs, however, things don’t add up.
The platform claims to be regulated by the National Australia Bank (NAB) and the Commonwealth Bank of Australia (CBA), two institutions that have no authority over forex brokers. In reality, Australia’s forex brokers are regulated by the Australian Securities and Investments Commission (ASIC), but Bullish Runs is not registered with ASIC or any other recognized regulatory body.
To make matters worse, Bullish Runs presents conflicting statements about its regulatory status. The website states that the company is regulated by the Cayman Islands Monetary Authority (CIMA), yet in the regulation section, it lists a completely different company name, Bullish Runs Global Limited, which supposedly operates under the Vanuatu Financial Services Commission (VFSC). A quick check of all these institutions’ registers reveals that no authorized broker under the name Bullish Runs exists.
This lack of proper regulation is a major warning sign. A genuine forex broker will display clear information about its licenses, the regulatory bodies it adheres to, and the protections it offers traders. Bullish Runs, on the other hand, fail to provide this basic level of transparency. If you come across a broker like this, it’s a red flag that you are dealing with a scam.
The Incomplete and Misleading Contact Information
Another concerning aspect of Bullish Runs is its incomplete contact information. The website offers only a partial address, which provides no real way for users to contact the company. This lack of transparency is a typical trait of scam brokers.
Real, trustworthy brokers make it easy for their clients to get in touch with them through various channels, including phone numbers, email addresses, and physical addresses. The absence of such contact options on Bullish Runs should raise immediate concerns about its legitimacy.
82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money
Plus500 is a FTSE 250 listed brokerage providing online trading services in CFDs, across 2,000+ securities and multiple asset classes.
The company was created as a combined effort of financial professionals and experts in web-commerce with the goal of perfecting the online experience for retail traders.
Fake Trading Platform with No Functionality
When you sign up with a broker, the next thing you expect is a reliable and functional trading platform. Legitimate brokers offer platforms like MetaTrader 4 (MT4) or MetaTrader 5 (MT5), which are industry standards for online trading. These platforms are loaded with essential features such as customizable indicators, advanced charting tools, automated trading options, and mobile apps for on-the-go trading.
However, Bullish Runs does not offer any of these essential features. After registering on the site, it becomes apparent that the platform is nothing more than an imitation. It lacks the basic functionality that any real trading platform should provide. Besides, it does not offer popular software like MT4, MT5, or cTrader, which are the go-to platforms for forex traders worldwide. Without these tools, it’s impossible to trade effectively or analyze the market.
Minimum Deposit and Payment Methods: A Trap for Investors
Bullish Runs claims to require a minimum deposit of $1,000 to start trading. This is a significant amount of money, especially when compared to other reputable brokers that allow you to start with as little as $5 or $10. Brokers like FP Markets and XM have much lower minimum deposit requirements, making them more accessible to new traders.
On top of the high minimum deposit, Bullish Runs offers a limited range of payment options. The website claims to accept bank wire transfers, credit cards, PayPal, Skrill, Neteller, and cryptocurrency, but the deposit menu only gives the option to use cryptocurrencies.
Cryptocurrencies are a common tool used by scam brokers to hide their identities and make it harder for victims to reverse transactions or seek refunds. Legitimate brokers, on the other hand, offer a wide range of transparent payment methods, including bank transfers and established e-wallets.
No Real Trading Instruments Available
Another concerning issue with Bullish Runs is that it claims to offer a wide range of trading instruments, including forex, stocks, cryptocurrencies, and commodities. However, there is no real trading available on the platform. The website does not provide access to any actual markets. Instead, it is designed to lure traders in with promises of easy profits, only to trap them in a cycle of deposits and empty promises.
In comparison, legitimate brokers like FP Markets, XM, and Hot Forex offer access to a broad spectrum of assets across various financial instruments, including forex pairs, stocks, indices, commodities, and cryptocurrencies. These brokers provide real trading opportunities, with functional platforms and access to the markets.
Spread and Leverage with Unrealistic Claims
Bullish Runs advertises a spread of 1.4 pips, but this is purely fictional. On the trading software, there is no visible spread at all, further confirming that the platform is not offering real trading. Real spreads vary depending on market conditions, and reputable brokers provide transparency regarding these costs.
Additionally, Bullish Runs claims to offer leverage of up to 1:500, a dangerously high level of leverage. While high leverage can amplify profits, it also significantly increases the risk of massive losses. In regulated markets like the UK, EU, and Australia, leverage is capped at much lower levels to protect traders from excessive risk. The offer of 1:500 leverage is another indicator that Bullish Runs is operating outside of any legal framework.
Withdrawal Issues and Hidden Fees
When it comes to withdrawals, Bullish Runs does not provide clear information on its terms. The website does not specify withdrawal fees, minimum withdrawal amounts, or any trading volume requirements, which is a typical sign of a scam.
Legitimate brokers are transparent about their withdrawal policies and will not impose hidden fees or unreasonable requirements. If a broker makes it difficult or impossible for you to withdraw your funds, it’s a strong indication that you’re dealing with a fraudulent operation.
Conclusion:
Do Not Invest!
Bullish Runs is a clear example of a scam disguised as a legitimate forex broker. The lack of proper regulation, the absence of a functional trading platform, the misleading contact information, and the high minimum deposit are all signs that this platform should be avoided. If you’re looking for a trustworthy broker, choose one that is fully regulated, offers transparent payment methods, and provides access to real trading instruments. Always do your research before investing any money, and remember that if something seems too good to be true, it likely is. Stay cautious, stay informed, and protect your hard-earned money from scammers like Bullish Runs.
Bullish Runs
Pros
- None
Cons
- Lies About Regulation
- Unclear and High Minimum Deposit
- Issues with Trading Platform
- Issues with Trading Conditions
- Issues with Payments
Do not trade with unregulated brokers that will steal your funds - try these regulated brokers:
82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money
Plus500 is a FTSE 250 listed brokerage providing online trading services in CFDs, across 2,000+ securities and multiple asset classes.
The company was created as a combined effort of financial professionals and experts in web-commerce with the goal of perfecting the online experience for retail traders.
Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more