edgeisedge 
1-2 years
Does Bulenox have any cons?
Broker Issues
Regulation
06-25
United States
WikiFX
Reply
The main disadvantages of Bulenox are its lack of regulation, which raises concerns about security and trustworthiness. It also does not offer demo accounts, which limits the ability for traders to practice and understand the platform without risking real money. Furthermore, while the first $10,000 is commission-free, the platform charges a 10% commission on profits once the initial amount is surpassed, which can significantly reduce potential returns.
Similar Questions
Is Price Markets a safe and legit broker?
LoukiaCharilaou 
05-26
How does National Bank Financial (NBF) compare to other regulated brokers?
Chris hagerman 
08-12
Is Rand Merchant Bank (RMB) regulated?
Nali5689 
04-01
What does the revocation of CXMarkets' regulatory license mean?
Ashraf Shahhat 
03-11
Is SpiceProp legit?
Bhavani Durga K 
02-17