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BullishCoin Review: Bullishcoin.net Crude Forex Scam

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BullishCoin Review: Bullishcoin.net Crude Forex Scam

BullishCoin (Bullishcoin.net) is a platform claiming to help investors and traders get their losses back. Bullish Coin is claiming to offer one on one educational session with a recovery professional. What the platform is not clearly spelling out is whether they deal with recovering funds specifically. Even if that’s the case, you should never trust these recovery agents. Read this genuine and transparent BULLISHCOIN Review and find out the truth.

BullishCoin Review

About BullishCoin

The platform claims to be in the market since September 1994. Most reputable brokers and traders don’t know this platform. BullishCoin is professing to be a hedge fund oriented which serves corporate clients exclusively. After being in the market for over 22 years, they decided to expand their sphere. Scam artists will do or say anything to try and get their platforms appear legit. It is better to use authentic and sincere brokers for a safe trading experience.

The problem with the platform is it does not offer clear details regarding full ownership. Is BullishCoin a platform owned by a corporation or founding members? Why have they failed to mention the names of the founding and staff members? Scam platforms are known to skip vital information to avoid being apprehended. The complaints regarding this platform are many which lead us to believe they are a scam. Members are up in arms after failing to get their funds on time. Withdrawal has become an issue with this platform.

Assets Listed

BullishCoin is offering investors and traders commodities, Forex, Indices, and Stocks. They offer over 50 major commodities in two main types, hard and soft commodities. Hard commodities include Gold, Oil, and Rubber. Soft trading commodities include Coffee, Corn, Sugar, and wheat. They also pit currencies in each other such as USD/GBR. The problem with this platform is they fail to offer vital information to traders. What is the leverage and spread available? We had to dig deeper for information which they could easily have posted on the homepage.

They also claim to offer Cryptocurrency and fail to mention the coins available.

Claims

The platform claims to be in over 72 countries which they fail to give an example. Other claims include giving over 3835 daily signals to members of their platform. BullishCoin is claiming to have made over 17,384 successful recoveries with their experts. When it comes to active traders the number listed is 46, 587. These claims are far from being true as the numbers have not changed since we started investigating. These scam artists have posted random numbers not expecting us to track them.

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Domain details

BullishCoin is claiming to be in the industry since 1994. These claims have been refuted by the domain register whois.net. The records show their website was created on 4th November 2019. It means their platform is barely a year old. These scam artists want traders to believe they have been in the industry for long to gain trust. With the website details available for all to see, it is clear Bullish Coin is another online scam platform.

Recovery Program

Another huge scam the platform uses is their recovery program. How do they recover the funds? Do they reach out to individuals or invest and make profit? Once you click on their read more under the Recovery program option, users are directed to account’s page. Does this mean you have to deposit another amount to recover the already lost funds?

License and Registration of BullishCoin

Disclaimer at the footer of the homepage does not have any license or registration details. The company which claims to own this platform, BS Creative Management Ltd is not registered. No company register in America, Asia, Europe has their license details. And this means we are dealing with a rogue online trading platform. These scam artists are offering services without consulting regulatory bodies.

BullishCoin is NOT LICENSED OR REGISTERED to offer any trading services. Most of the regulatory bodies we contacted have never heard of this platform. The regulatory bodies we contacted include ASIC, CNMV, CONSOB, CySEC, FCA, FMA, and NFA. None of these established regulators has ever heard of Bullish Coin. And this is a good enough reason to stay away from this illicit platform.

Restrictions of BullishCoin

Account types

BullishCoin Account Types

Bullish Coin is furnishing traders with seven account types to choose from. The listed accounts are Basic, Bronze, Silver, Gold, Platinum, Diamond, and Black. These accounts don’t have much information on them apart from access to assets and claims of free withdrawals. They also offer VIP signals weekly to some accounts and minimum spreads on black account. Diamond and black accounts come with a financial advisor. The features are not a good enough reason to sign up with the platform.

Contact and Support

When it comes to communicating with the platform, BullishCoin is a bit cagey. They prefer the use of email and phone numbers. The problem with emails is that traders might wait for long before getting a response. And this is why live chat is the best form of communication. The phone numbers listed are virtual phone numbers which might restrict assess. Members have been complaining of their calls never going through.

Deposit and withdrawal

BullishCoin is using MasterCard and Visa as their main depository channels. Scam artists ensure they use available depository channels for everyone to gain easy access. The main problem is these scam artists have not given users deposit and withdrawal agreement. Withdrawing is the main issue even after the platform promises free withdrawal fees. And this is why every trader must stay away from BullishCoin. These are scam artists who have not been able to allow their members to make withdrawals.

Financial Advisor

The scam artists have hired call agents from different parts of the world to act as financial advisers. None of them have any financial trading background. Members give in to their demands of control of their accounts. After the account managers have control of your account, you encounter losing streaks. The next step is these call agents will constantly harass you into making more deposits. And this is why you should stay away from the platform.

Safety of funds with BullishCoin

BullishCoin is not capable of securing funds as dictated by law. The platform has already proven this by failing to secure a trading license. Bullish Coin is pooling funds in one statement putting all funds at risk. Creditors will demand payment from the singular account forcing members to lose their funds. It is best to stay away as the platform is a complete hoax.

Scam or legit BullishCoin

BullishCoin Trading Platform

Evidence in our hands shows we are dealing with a rogue online trading platform. BullishCoin is a scam which must be exposed for all to see. We hope authorities will take a look and shut down the whole operation. Mark all their emails as spam and never click on any of their links. Warn your family and friends from joining any of their affiliate programs. The recovery feature is another trap for investors to deposit more funds with the platform.

Bottom line

We have to add this platform to our scam blacklist and ensure no one else falls for this trap. Stay safe when trading digital currencies by using expert recommended Cryptocurrency trading robots.

Remain safe and continue reading our reviews for more on online trading products and services.

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