Bullishcap Review: Is It a Safe Broker or a Scam?

Bullishcap - logo
Rating:
2

In our Bullishcap review, we’ll take a closer look at the ambassador of smart investing, a broker that promises to share with you all the wisdom it claims to possess. If, like us, you’re wondering why they would suddenly want to do that, join us as we delve into everything you need to know about this trading platform.

Bullishcap General Information

Website https://bullishcap.co/
Phone Number
Email
Address
License
Minimum Deposit $250
Assets CFDs
Leverage Up to 1:500
Trading Platform WebTrader

Registration and Client Portal Review

The official Bullishcap website does not look professional at all. There is very little information about the broker itself, and some important legal details are clearly missing. For example, there is no detailed information about the company managing Bullishcap.co.

Interestingly, the footer contains a disclaimer stating that the broker does not provide services to clients from certain jurisdictions. However, the company also reserves the right to reject traders from any country at its own discretion.

Additionally, the website is available only in English, which contradicts the idea of Bullishcap being a truly global platform.

Bullishcap - website

The next issue we discovered is the lack of a registration option on the website. Instead of allowing users to sign up, Bullishcap only provides a login form.

The reasons for this approach are unclear, but there are a few possible explanations — none of them good.

  1. Scam brokers often manually approve new accounts to ensure that only those who are easier to manipulate can join. By avoiding open registration, they can handpick traders who seem more likely to deposit large amounts of money. Here’s another example of similar broker (you may read turfcapprivate.com review here): to sign up, you need to enter a certain code.

    We do not deny that there are reliable, regulated brokers with VIP accounts (such as Saxo Bank) that provide access to professional clients by invitation only. However, we do not recommend working with little-known, unregulated platforms that restrict registration — this is a red flag.

  2. Some fraudulent brokers create accounts on behalf of their victims, making it easier to manipulate balances, fabricate trades, or even prevent withdrawals. If users don’t have control over their own registration process, they might not even know what kind of account has been created in their name.

In short, legitimate companies do not make users “request access” or force them to go through support just to open an account. This kind of gatekeeping is typical of scams designed to control and deceive their clients from the very beginning.

Bullishcap Trading Conditions

Let’s take a closer look at the broker’s trading conditions and see if their offers are actually valuable or just mediocre.

Account Types Review

The broker offers a total of five account types, but strangely, there is no demo account available. This is already a red flag.

The minimum deposit requirement starts at $250, while the other accounts require deposits of $10,000, $50,000, $100,000, and $250,000. Spreads decrease with each account tier — starting from 3 pips for the basic account and going down to 0.6 pips for the VIP account. Additionally, leverage increases as well, reaching an extreme 1:500 for VIP accounts. The number of extra services also grows in direct proportion to the deposit size.

Jumping from $250 to $10,000 just to get slightly better conditions is absurd. A 40x increase in the required deposit suggests that the broker is aggressively pushing traders into higher-risk accounts. Besides, 3 pips for the basic account? That’s 3x the industry standard. Even the “better” accounts still have spreads that are significantly higher than those of regulated brokers.

Bullishcap - trading accounts

The broker is essentially penalizing smaller traders with terrible conditions, pressuring them to upgrade. The idea that only high-paying clients get useful services is ridiculous. A legitimate broker should provide proper trading tools, education, and support to all clients, regardless of their deposit size.

Trading Platform

The broker’s trading platform remains a complete mystery both to us and to traders. The website provides no details whatsoever. There’s no mention of the platform’s developer, its features, or even the availability of desktop and mobile applications. This level of secrecy is highly unusual. If a broker refuses to disclose basic information about its trading software, what does it say about its reliability? Is there even a functional platform, or is it just a tool for manipulating traders’ funds?

Bullishcap — Deposit and Withdrawal of Funds

When you open the broker’s withdrawal policy, you might be just as surprised as we were. The document states that www.interactinvest.com is owned and operated by Bullishcap. But what does Interact Invest — another scam broker — have to do with Bullishcap? Clearly, they are part of the same fraudulent network.

The withdrawal conditions are equally suspicious. Withdrawals can only be made in cryptocurrency. The minimum withdrawal amount is the crypto equivalent of $50, and the process takes 7–10 business days, which is far too long.

Verification

The broker requires clients to go through a verification process, which typically involves submitting personal documents such as a passport or ID, and proof of address. However, considering that the website doesn’t even have an open registration option, this requirement seems rather strange. How can traders verify an account they can’t even create on their own?

Additional Options

Broker’s so-called “exclusive” additional services are nothing more than cheap marketing tricks.

  • Exclusive trading events invitation sounds fancy, but what does it even mean? A webinar? A generic market update? No details provided, so it’s likely just another empty promise.
  • Priority withdrawal procedure? Translation — we’ll let you withdraw your own money a little faster — if we feel like it. The fact that this is even considered a privilege is already a red flag.
  • Receive mobile phone signals for your preferred assets? — Ah yes, because trusting a shady broker to send you trade signals (which they could manipulate) is such a great idea. Perfect for those who enjoy losing money quickly.

Is Bullishcap a Scam?

We just need to check how legally the broker provides its services. We suspect that there might be issues in this area as well.

Bullishcap provides no information about its registration or licensing. Even worse, it doesn’t disclose an office address. However, a clue in the Terms & Conditions reveals that the company supposedly operates under the laws of Saint Vincent and the Grenadines and settles disputes in its courts.

As expected, a search in the SVGFSA database turned up nothing — Bullishcap was never registered there. This means the broker operates completely unregulated and without any official registration.

Bullishcap.co Domain Info

It is confirmed that the company has used two different domains. The first, bullishcap.com, was registered on January 16, 2025, but it is no longer operational. The second domain, bullishcap.co, was registered on February 21, 2025, and is still in use. The quick switch between domains is unusual and raises questions about the legitimacy of the company.

Domain

Contacts Review

The broker seems to have mastered the art of disappearing — there are no contact details available. No email, no phone number, not even a working contact form. It’s as if they’re trying to make it as difficult as possible for anyone to get in touch. Maybe they’ve taken the “out of sight, out of mind” approach a bit too literally.

Pros and Cons

  • Website pages are optimized for faster loading.
  • No official registration and licensing.
  • No ability to register an account independently.
  • Limited information on markets and trading conditions.
  • No transparency about the trading platform or its functionality.
  • Suspiciously quick domain name change.
  • No customer support contact details.
1.7 TOTAL SCORE

Bullishcap Summary

Bullishcap - favi

Bullishcap appears to be a scam broker. It lacks registration, licensing, and transparency. The company uses misleading tactics like rapid domain changes, non-functional contact forms, and offers questionable "exclusive" services. It is highly risky to engage with it.


Website information content 2
Client Portal 1
Trading condition 3
Trading platform 2
Deposit and withdrawal 2
Verification 2
Extra options 2
Licenses and guarantees 1
Work duration 1
Feedback 1

Frequently Asked Questions (FAQ)

What Does Bullishcap Offer?

It offers various account types with different deposit requirements, ranging from $250 to $250,000, and claims to provide high leverage and “exclusive” trading events.

How Much Money Should I Invest With This Broker?

According to the trading conditions, the minimum deposit is $250. However, higher amounts are required for other account types.

Is Bullishcap.co Safe?

No, it is not considered safe. The broker lacks proper registration, transparency, and legal compliance.

Subhash Mishra
Forex & CFD Trader

Subhash is a Bengali who has been trading for 16 years. You will find the most objective reviews of Forex and CFD brokers in his articles.

Subhash is a Bengali who has been trading for 16 years. You will find the most objective reviews of Forex and CFD brokers in his articles.

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Client Reviews

  1. Romeo

    They just want your money

    The fake broker Bullishcap uses the same tricks as other fraudulent platforms. Their website is a closed system, and registration is only available to a select few – something that scam brokers always do. I’m not sure of the exact details of the scheme, but the fact remains. They only accept cryptocurrency because such payments can’t be disputed or traced. After depositing, the classic scam schemes will begin: demands to pay “taxes,” “licenses,” or other fictitious fees. However, you won’t receive any payouts – once the money reaches them, it will simply disappear. This scheme targets naive users, so I definitely don’t recommend this “dump.”

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