Bull sphere

Bull Sphere Review: Is Bull Sphere Broker Good?

Broker overview and general information

Bull Sphere is a broker that provides trading services in various financial assets such as Forex and other derivative assets. The company has two main operations: Bull Sphere Limited, registered in Vanuatu, and Bull Sphere International Co., Ltd., based in Bangkok, Thailand. The broker focuses on providing services to traders in many regions, except for some countries such as the United States, Canada, Israel, and Iran. In addition, the broker emphasizes the risks involved in trading derivatives, which may not be suitable for all investors. Therefore, users must understand the risks before starting to trade.

Broker Licensing and Regulation

If you ask whether Bull Sphere is good or not, you should start by considering the license and registration factors first, which are as follows:

• Bull Sphere International Co., Ltd., which has offices in Thailand, is located at 1420/1 206L3 Crystal Design Center, Bangkapi District, Bangkok, Thailand 10240.

• Bull Sphere Limited is registered in Vanuatu and has its registered address at Pot 615/304, Rock Terrace Building, Kumul Highway, Port Vila, Vanuatu. However, there is no clear indication of a license from a recognized financial regulator such as the FCA or CySEC, which may be an additional consideration for investors in terms of credibility.

Broker Products and Services

Trading products

• Forex: Over 60 currency pairs to trade, spreads starting from as low as 0.1 points and leverage up to 1:1000.

• Energy: Invest in energy markets. Traders can access the world's leading oil market and invest their capital as they wish. We also provide a wide range of opportunities for trading in natural gas markets.

Trading Platform

• MetaTrader 4 (MT4): Offers clients the MetaTrader 4 (MT4) platform, which is the most popular trading platform among traders worldwide.

• MetaTrader 5 (MT5): Offers clients the MetaTrader 5 (MT5) platform, a modern and powerful trading platform ideal for traders who require advanced tools for analysis and trading.

• cTrade:A modern trading platform that is accepted in the global trading industry through cTraderI t is one of the most sophisticated and innovative platforms available. It is designed to help traders efficiently manage their trades in fast-moving markets.

Bull SphereReview: Account Types

There are 4 types of accounts:

Micro

• Minimum deposit:$10

• Maximum leverage:1:1000

• Spread:1 pip

• Commission: Yes

• Contract size per lot: 1,000

• Negative Balance Protection:Maximum Volume per Trade:Yes

• Platform: MT4

• Hedging Allowed: Yes

• EA Allowed: Yes

Standard

• Minimum deposit:$10

• Maximum leverage:1:500

• Spread:0.2 pip

• Commission: Yes

• Contract size per lot: 100,000

• Negative Balance Protection: Yes

• Maximum volume per trade: 20 lots 

• Platforms: MT4 MT5 & cTrader

• Hedging Allowed: Yes

• EA Allowed: Yes

ECN

• Minimum deposit:$10

• Maximum leverage: 1:1000

• Spread: 0 pip

• Commission: Yes

• Contract size per lot: 100,000

• Negative Balance Protection: Yes

• Maximum volume per trade: 20 lots

• Platforms: MT4 MT5 & cTrader

• Hedging Allowed: Yes

• EA Allowed: Yes

Classic

• Minimum deposit:$10

• Maximum leverage: 1:1000

• Spread: 0.8 pip

• Commission: Yes

• Contract size per lot:  100,000

• Negative Balance Protection: Yes

• Maximum volume per trade: 20 lots

• Platforms: MT4 MT5 & cTrader

• Hedging Allowed: Yes

• EA Allowed: Yes

Bull Sphere Bonuses and Promotions

Welcome Bonus 30 USD

Special welcome promotion for new users. Just register and open a Welcome Bonus account without making a deposit. You will receive a 30 USD bonus immediately and can withdraw your profits when you trade 3 Standard Lots in your account.

Condition:

• No deposit required

• Limited to 1 account per user.

• The 30 USD bonus can be withdrawn after trading 3 Standard Lots.

First deposit bonus up to 50%

This promotion offers a bonus for the first deposit, with a bonus ranging from 30%-50% depending on the deposit amount (up to 500 USD). For example, deposit 1,000 USD and receive an additional 500 USD bonus, totaling 1,500 USD.

Condition:

• The bonus will be added instantly upon making a deposit.

• Withdrawals will be deducted based on the percentage of bonus received (30%, 40%, 50%).

Deposit-Withdrawal

Deposit

Traders can deposit funds into their trading accounts via debit or credit cards, as well as via bank wire transfer. However, the broker does not support deposits in cash or checks. Moreover, all deposits must be made from the user’s personal account or a card issued in the user’s name. Third-party deposits are not allowed.

Withdrawal

Users can make a withdrawal by going to the withdrawal section on the platform and then clicking on the withdrawal icon. The team may ask for additional documents, such as identity verification, to ensure the safety of the funds. The broker does not transfer money to third parties, so users must have a bank account in their own name to receive their funds.

Broker Customer Service

• Registered address:Pot 615/304, Rock Terrace Building, Kumul Highway, Port Vila, Vanuatu. 

• Office address: 1420/1 206L3 Crystal Design Center, Khlong Chan Subdistrict, Bang Kapi District, Bangkok, Thailand 10240

• Email: [email protected]

• Call: (+66)21260199

• Line: @bullsphere.th

Broker Overview Summary

Bull Sphere is a broker that offers a variety of trading platforms, especially cTrader, which is easy to use and suitable for both beginners and professional traders. The broker offers interesting promotions and bonuses, such as a $30 welcome bonus with no deposit required and an additional deposit bonus promotion. Despite its wide range of service advantages, the broker lacks a license from a reputable regulatory body and has some limited customer support, which traders should consider before investing.

Frequently asked questions aboutBull sphere

1. What is the minimum deposit?

A: The minimum initial deposit to open an account is $10.

2. Is Bull Sphere broker good?

A: Bull Sphere is not a good choice for beginners. Although it offers competitive trading conditions, it lacks legal regulation.

Choose the safest and most suitable broker with TrustFinance reviews

Start trading Forex easily. Choose a safe and reliable broker with TrustFinance. A source of information and reviews of over 180,000 Forex brokers and financial companies, covering leading Forex brokers such as Exness, FBS, XM, IC Markets, IUX and many more.

Bull Sphere Review Compare spreads, fees, trading platforms, deposit and withdrawal conditions and more with real user reviews to help you decide on the broker that suits your needs.