WikiFX

Sagot

As a trader with experience evaluating multiple brokerages, I take a conservative approach when assessing trading costs, especially for complex assets like indices such as the US100. With Bull Market, I have to be exceedingly cautious due to several reasons reflected in their public information. First, Bull Market is currently not regulated by Argentina’s CNV or any major international authority. This lack of oversight inherently increases counterparty risk and limits transparency around fees and charges. From what I’ve seen, Bull Market primarily emphasizes low fees: they advertise no account maintenance charges and free local bank transfers for deposits and withdrawals. However, there is no publicly stated, detailed commission or spread structure available for trading indices like the US100. This opacity is a significant drawback for me, as understanding trading costs is critical before committing capital, especially given the platform only lists a minimum deposit for certain product lines and not for specific index products. In my view, without specifics on spreads, commissions, or overnight funding rates for indices, it is impossible to clearly define the true all-in cost for US100 trading on their platform. Compounding this concern, user experience reports mention technological instability and poor customer support, which can also indirectly affect trading expenses if, for instance, order execution or withdrawals become problematic. For me, unless a broker provides full cost breakdowns and demonstrates regulatory oversight, I cannot responsibly recommend using them for index trading.