Looking for your “Gateway to Smarter Investing”? The Forex/CFD broker we are reviewing in this Bullishcap review claims to offer traders assistance in achieving this goal. Additionally, they promise a special debit card, easy affiliate program earnings, and comfortable trading. We are sure that this is just a facade created by scammers. If you don’t want to become their next victim, read on for more details about this fraudulent project.
Key Features
- Company Name: Bullishcap
- Website: https://bullishcap.co/
- Available Contacts: Unspecified
- Foundation: 2025
- Services: Forex/CFD trading
- License: No
- Initial Deposit: $250
From Sign-Up to Payout
It would be tempting to call Bullishcap’s official website amazing, but not for the reasons you might think. We’re not talking about the design, which is completely generic and indistinguishable from dozens of similar scam websites. Instead, we were shocked by the utterly incompetent content displayed across its pages:
- Half of the homepage is dedicated to promoting the referral program and debit card offer. It seems the broker has no better services to showcase.
- Information about the company is squeezed into a couple of short blocks with only two or three sentences each. Clearly, this is the level of detail traders expect from a legitimate financial firm!
- The site doesn’t even provide basic descriptions of markets or available assets. It feels as if the developers were forced to limit the number of pages and forbidden from discussing key topics.
- Potential clients cannot even register. There are no issues with a broken registration form — it just doesn’t exist.
This website is, in essence, completely useless. First, it has zero informational value. Second, a user cannot even create an account without contacting support. The only real purpose of this site is to display a Login button. Did they really need five separate pages just for that?
Our Trading Experience With Bullishcap
The creators of Bullishcap barely mention their trading platform. All they say is that it offers hundreds of features and cutting-edge technology. However, the company provides no further details.
We were also unable to test this software. Since we couldn’t register, we had no access to the personal account or the trading platform. As a result, we cannot provide any insights into its advantages or drawbacks. That being said, this is not surprising for a scam project like Bullishcap — there is simply nothing meaningful to say about it.
Even the trading conditions on Bullishcap’s website are vague at best. As mentioned earlier, there are no market descriptions, asset listings, or contract specifications. The only details we could find were hidden within the account type descriptions.
The company offers a total of five account types:
- Basic — Minimum deposit of $250, spreads starting from 3 pips.
- Silver — Minimum deposit of $10,000, leverage up to 1:30, spreads from 2.4 pips.
- Gold — Minimum deposit of $50,000, leverage up to 1:100, spreads from 1.9 pips.
- Platinum — Minimum deposit of $100,000, leverage up to 1:200, spreads from 1.3 pips.
- VIP — Minimum deposit of $250,000, leverage up to 1:500, spreads from 0.6 pips.
Key red flags in these account plans
- A massive gap between Basic and Silver accounts. The minimum deposit increases 40 times, while conditions become slightly more favorable. This suggests that scammers are not interested in small deposits and push traders toward higher-tier accounts.
- Uncompetitive spreads. For instance, Basic account spreads are three times higher than the industry standard among regulated brokers. Even Silver accounts have spreads twice the normal level. Acceptable spreads only appear at Platinum level, which requires a $100K deposit. Clearly, greed is a defining trait of this company.
- Leverage up to 1:500 is dangerously high. Such extreme leverage exceeds all regulatory limits, creating massive risk and making it highly likely that traders will lose their deposits within a few trades. Only offshore or unregulated brokers offer such conditions.
- Higher deposits = higher leverage. The firm intentionally increases risk as deposits grow. This is a deliberate tactic to seize large amounts of client funds under the guise of trading.
These facts confirm that Bullishcap employs scam tactics at every step. We have no doubt that this company is fraudulent.
The Reality Check
Bullishcap provides no details about its registration or licenses. Worse, it doesn’t even list an office address. However, we found a clue in the Terms & Conditions, which state that the company operates under the laws of and resolves disputes in the courts of “saint vincent and the grenadines.”
Important! The company name is written in lowercase in their legal documents, showing the level of professionalism of this so-called broker.
Checking company registration in Saint Vincent and the Grenadines is simple. The local financial regulator (SVGFSA) does not issue Forex/CFD licenses but does maintain a registry of financial service providers.
As expected, a search in the SVGFSA database found no results. Bullishcap was never registered in Saint Vincent and the Grenadines. A global search in the Open Corporates database, which tracks 222+ million companies worldwide, also found no records of Bullishcap.
What this means:
- An unregistered company cannot obtain a license.
- Bullishcap is providing brokerage services illegally.
- It cannot facilitate real trading, obtain quotes from official sources, or ensure client funds are stored safely in bank accounts.
Ultimately, this is a fake trading platform created purely to steal client funds. There should be no doubt about what happens to deposits once they end up in the hands of these scammers.
How Long Has Bullishcap Been in the Game?
There is no official information about when Bullishcap was established. However, we can uncover this crucial detail using WHOIS domain registration records.
Our findings show that the broker’s current domain (bullishcap.co) was registered on February 12, 2025. However, we also discovered that the company previously used bullishcap.com as its official website, which was registered earlier, on January 16.
This means Bullishcap has been online for just over a month. What’s more, it had to change its domain within a few weeks — a clear indication that the company was quickly exposed for fraudulent activities, forcing them to rebrand before complaints could escalate.
Extra Fraud Indicators
We didn’t expect to find many Bullishcap reviews online, and our assumption was correct — there are only a few mentions of this broker. However, not a single one is positive.
The majority of negative feedback appears in social media comments, where users share their unfortunate experiences. Many state that Bullishcap refuses to process withdrawals, even for small amounts.
Additionally, we found a handful of articles on financial websites analyzing the broker’s offers, operations, and legal status. Unsurprisingly, experts also identified major red flags, leading to the inevitable conclusion: Bullishcap is a scam.
Is Bullishcap the Right Fit?
As clearly outlined in our Bullishcap review, this is just another scam broker that doesn’t even try to look legitimate. It exists only online. It has no official registration in any country. It operates without a license, violating financial regulations. It refuses to disclose trading markets and provides only partial account details. We strongly advise against any involvement with this fraudulent platform. Do not send money to their accounts.
This scam company Bullishcap is run by real fraudsters! They completely wiped my account with $14,000. Only then did I realize that they don’t care about providing real services, they just want our money!! I urge all beginners not to fall for their tricks and avoid sending them funds.
You won’t make a profit with Bullishcap. I was promised assistance with trading if I deposited $25,000. Guess what? No help came, just empty promises. I traded Forex pairs on my own and started losing money fast. Then, I compared prices with other brokers and saw huge differences in real market quotes. That’s when I realized Bullishcap manipulates prices to make traders lose. Now, I’m trying to withdraw my remaining funds and will take legal action to recover my losses.
I was introduced to Globally Invest in February 2024 as a trading company where I could trade CDFs.
I started as a Basic member and was able to both deposit and withdraw funds, although not easily. The fact that I could withdraw gave me a sense of confidence.
A Senior Broker was assigned to me and we initially spoke weekly. I was given good advice and strategies, however there was always the high-pressure sales of wanting me to deposit more funds.
My Broker changed several times, with some being outright liars, and others proving to be inexperienced, but continuing with their high-pressure sales for me to deposit more funds.
In December 2024, I was told that Globally Invest was merging/acquired, and I would be moved to a new trading platform shortly.
In January 2025, I was moved from Globally Invest to bullishcap.
The platform is immature and allows little to no customisation, always defaulting back to its default commodity and timezone.
I traded, but quickly found that trade volumes and prices were manipulated for me to lose.
In February 2025, the URL changed without notice from bulliscap.com to bulliscap.co. It was only through trial and error that I found the new URL.
All contacts to bulliscap were now no longer available – email addresses and telephone numbers of Brokers and their assistants no longer worked. Emails bounced and telephone numbers were no longer valid.
On 3 March 2025, the bulliscap.co URL stopped working without notice.
I can assume that all of my funds are now lost.
Bulliscap is a SCAM.
Bullishcap.co was previously Bullishcap.com and previously Mcjinvest.io and previously Mcjinves.com.
They have also other plataforms as someone reported before.
You will never get the money back. I have followed the wallets track and found more than 23thousand of bitcoins that they have stolen. I have reported it. You should do the same and mention the people names and more details that y know about their staff, together we can catch these guys.
Bullishcap.io is their new domain, just created couple days ago. Please share it with others.