Bullish Capital publishes three USD account types starting at $50. Its High Leverage account combines a 1:1000 ceiling with a 500% weekend close-out threshold. The company claims Vanuatu and Australian representative references, but its own Cayman/BVI identity discrepancy and negative-balance wording need separate resolution.
Accounts, eligibility and retail account conditions
Sections ↑Published account schedule
| Account | Minimum, USD | Leverage | Spread from | Commission / overnight |
|---|---|---|---|---|
| ECN | 50 | 1:100 or 1:200 | 0.6 pip | No commission; overnight debit/creditSource 5 |
| High Leverage | 50 | 1:1000 | 1.0 pip | No commission; overnight debit/creditSource 5 |
| Islamic | 50 | 1:100 or 1:200 | 0.6 pip | Commission applies, rate unstated; no overnight interestSource 5 |
All three use USD, allow 0.01–20 lots per order and list a 100-lot position maximum. ECN is the default after registration. The High Leverage tier is marketed for balances below $1,000.[5]
Markets, exposures and what each instrument actually represents
Sections ↑The company explicitly says it acts as principal on over-the-counter derivatives and does not deal in deliverable cryptocurrency. Customers should not mistake a BTC/USD CFD position for coins eligible for transfer to a wallet.[3][1][2]
Markets, exposures and what each instrument actually represents
| Feature | Terms and scope |
|---|---|
| FX | Company advertises major and other currency pairs.Source 3Source 1Source 2 |
| Metals | Gold and silver referenced.Source 3Source 1Source 2 |
| Energy | Crude oil and other commodity markets advertised.Source 3Source 1Source 2 |
| Indices/shares | Price-based equity and index derivative contracts; no underlying stock ownership.Source 3Source 1Source 2 |
| Crypto CFDs | Company expressly says it does not issue or sell actual cryptocurrencies.Source 3Source 1Source 2 |
Spreads, commissions, financing and total trading costs
Sections ↑Platforms, order handling, margins and execution risk
Sections ↑Weekday versus weekend close-out
Weekend thresholds take effect 30 minutes before close. These are equity-to-margin close-out levels, not percentage market moves.[5]
Order handling under the published agreement
| Event | Contract treatment |
|---|---|
| Electronic outage | Telephone dealing is the stated fallbackSource 6 |
| Email/text trade instruction | Not accepted as an effective opening/closing orderSource 6 |
| Third-party automation | Prior written consent required; consent may be withdrawnSource 6 |
| Open-position margin | Can be increased after notice, potentially effective immediatelySource 6 |
Deposits, withdrawals, settlement and account currencies
Sections ↑Deposits, withdrawals, settlement and account currencies
| Feature | Terms and scope |
|---|---|
| Company claims | Fast deposits and withdrawals are promoted, without measured settlement data.Source 1Source 2Source 3 |
| Beneficiary | Before funding, compare bank/processor recipient with the executed legal agreement.Source 1Source 2Source 3 |
| Bank times | Correspondent-bank and payment validation delays remain possible.Source 1Source 2Source 3 |
| Dormancy | No independently established tariff for inactive cash balances.Source 1Source 2Source 3 |
| Capital credit | No withdrawal entitlement for any promotional credit demonstrated.Source 1Source 2Source 3 |
Legal counterparties, permissions and client-money protection
Sections ↑An Australian authorised representative number is not a substitute for showing the Australian licensee, its authorised scope and relevant client relationship. Regulatory references are reproduced strictly as company claims unless an official regulator confirms them.[2][1][3]
Legal counterparties, permissions and client-money protection
| Feature | Terms and scope |
|---|---|
| VFSC claim | Bullish Capital lists VFSC 40436; current independent firm-specific register evidence not captured.Source 2Source 1Source 3 |
| Australia | Representative 001309512 is disclosed, not proven principal AFSL or dealer permission.Source 2Source 1Source 3 |
| Corporate inconsistency | Site calls itself Cayman-registered yet gives a Tortola, BVI address.Source 2Source 1Source 3 |
| Client balance | No independently confirmed deposit trust institution or policy limit.Source 2Source 1Source 3 |
| Restricted regions | US, Singapore, Hong Kong, Belgium, Iran, North Korea and others are listed.Source 2Source 1Source 3 |
The account grid ticks negative-balance protection, whereas the agreement warns that losses can exceed the deposit. The account-specific signed terms are therefore essential before treating the tick as an unconditional loss cap.[5][6]
Customer service, complaints and documentary evidence
Sections ↑Contract complaint path
| Stage | Published process |
|---|---|
| First contact | Trading services departmentSource 6 |
| Unresolved dispute | Compliance department investigatesSource 6 |
| Retail external escalation | Relevant scheme under its rules; exact scheme must be identifiedSource 6 |
| Wholesale external escalation | Requires company’s written agreementSource 6 |
Special services, automation, promotions and restrictions
Sections ↑Special services, automation, promotions and restrictions
| Feature | Terms and scope |
|---|---|
| MT5 access | Order management tools are terminal features.Source 1Source 2Source 3 |
| Trading signals | Analysis and market news are published, without fiduciary advice.Source 1Source 2Source 3 |
| Crypto structure | Crypto CFD exposure does not generate withdrawable blockchain coins.Source 1Source 2Source 3 |
| Automated systems | Permission needs explicit account terms, not generic platform support.Source 1Source 2Source 3 |
| Corporate onboarding | Entity and jurisdiction rules must be confirmed before deposits.Source 1Source 2Source 3 |
Corporate background, regional availability and open questions
Sections ↑The corporate footer combines Cayman Islands registration language with a British Virgin Islands street location; the mismatch is material to contract enforcement. Similarly named UK entities or the separate Bullish cryptocurrency exchange must not be assumed to be the operator.[1][2][3]
Corporate background, regional availability and open questions
| Feature | Terms and scope |
|---|---|
| Name | Bullish Capital Ltd, as stated on site.Source 1Source 2Source 3 |
| Claimed VFSC | Representative number 40436.Source 1Source 2Source 3 |
| Claimed Australia | Representative number 001309512; distinguish from AFSL.Source 1Source 2Source 3 |
| Address conflict | Cayman Islands claimed, but Tortola BVI address printed.Source 1Source 2Source 3 |
| Brand distinction | Bullish Capital CFD site is distinct from Bullish digital-asset exchange (bullish.com).Source 1Source 2Source 3 |
Legal entities & licences
These are source-dated records, not a blanket assessment of the broker. Read each issuer, identifier, status and scope together.
Bullish Capital Ltd (as presented)
Offshore, conflicting public addressesSource 1Source 2Source 3
No separate licence entry is recorded in this panel.
Sources & further reading
- Tradeable markets and risk footer Bullish Capital · Accessed 22 Oct 2026
- Company regulatory disclosure, numbers and geographic exclusions Bullish Capital · Accessed 22 Oct 2026
- Trading accounts and promoted asset classes Bullish Capital · Accessed 22 Oct 2026
- UK dissolved similarly named company—identity not established Bullish Capital · Accessed 22 Oct 2026
- ECN, High Leverage and Islamic account comparison Bullish Capital · Accessed 26 Oct 2026
- User agreement, including dealing and complaint procedures Bullish Capital · Accessed 26 Oct 2026
This profile reports dated public information, including broker-published services and terms. It does not independently test or guarantee execution, pricing or withdrawals. Inclusion is not an endorsement. Permissions and protections apply only to the named legal entity, service and client category; check the current official records and your contract.