Unauthorised Firm Details

Name: Bullishcap
Website: bullishcap.co (formerly bullishcap.com / bullishcap.io)

Bullishcap Review – Strong Scam Indicators

Bullishcap presents itself as a modern broker offering forex/CFDs with multiple account tiers, appealing spreads, high leverage, referral bonuses, and promises of “global markets” access. They market quickly and promise high returns, aiming to look like a professional broker. But the signs suggest it is not safe.

Key Red Flags

• Vague Legal and Licensing Information: The broker claims to operate under the laws of Saint Vincent and the Grenadines in its legal disclaimers. However, no legal entity by the name Bullishcap (in lowercase or otherwise) appears in the country’s official registry that oversees financial service providers. There is no verifiable licensing, so client protections are non-existent.

• Short Operating History & Domain Switching: The domain bullishcap.com was first registered in January 2025, then replaced by bullishcap.co in February 2025, and another domain bullishcap.io has appeared afterward. Such rapid domain changes suggest efforts to evade scrutiny and avoid accumulating negative reputation or regulatory oversight.

• Suspicious Account Structures & Conditions: The broker offers account tiers with minimum deposits ranging from a modest amount to extremely high figures (VIP tier requiring very large deposits). Spreads under low-value tiers are very wide, and leverage increases substantially with higher-tier accounts. These conditions tend to push traders toward risk and larger financial exposure with little transparency about true costs.

• Lack of Transparency & Contact Information: Key details—such as physical address, ownership, team, trading platform features, asset listings—are missing or extremely limited. The site offers almost no verified user reviews or third-party audits. Contact methods are weak or non-functional according to user reports.

• Withdrawal Issues & Complaints: Multiple sources report that Bullishcap refuses or delays withdrawals. Once deposits are made and profits are achieved, users often find verification or “release” fees that were not disclosed upfront, or support becomes unresponsive.

Bottom line: Bullishcap shows almost every typical sign of a scam brokerage. No verifiable license, changing domains, opaque business practices, withdrawal issues, and aggressive marketing. It is very likely unsafe. If you are considering using them—or already have funds there—reduce exposure, document everything, and warn others.