BullUndBear has been flagged by Financial Conduct Authority for "Unregistered/Unlicensed entity offering financial products or services". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
I wanted to transfer my portfolio from another broker to BullUndBear. They said they do not accept in-kind transfers for my asset type. I had to sell, withdraw, deposit, and rebuy - incurring taxes and spread costs. They did not tell me this before I signed up.
Pros: High security standards|Good mobile app
Cons: Wish they had more educational resources
The platform at BullUndBear is riddled with bugs. Charts display incorrect data, order confirmations sometimes fail silently, and the portfolio tracker disagrees with actual positions. After for just over a year of dealing with this, I have had enough.
Pros: Automated trading options|Intuitive for beginners|Social trading features
Cons: Account statements could be more detailed
After using BullUndBear for about five months, I decided to move my account elsewhere. The platform was unreliable, withdrawals took an unreasonable amount of time, and I could never get a straight answer from customer service. Frustrating experience overall.
Pros: Competitive fees|Demo account available
Cons: Slow to add new assets
Do not believe the bonus offer from BullUndBear. The turnover requirement is designed so you can never withdraw. I learned the hard way. I deposited after reading several online reviews and the bonus terms were buried in pages of small print. My fault for not reading but their design is predatory.
Pros: High security standards|Reliable uptime|Full transparency
Cons: Would like more payment methods|Live chat only during business hours
Customer support at BullUndBear seems to be run by people who have never used the platform. Every time I call with an issue, I end up explaining how their own system works before they can help me. It would be funny if my money was not involved.
Pros: Dividend tracking|Fast deposits
Cons: Wish they had more educational resources
I requested my data from BullUndBear under GDPR. They sent a partial export that was missing months of transactions. When I asked for the rest they said it was a technical issue. Still waiting. They do not take data rights seriously.
Pros: Responsive team|API access|Portfolio tracking tools|Fast deposits
Cons: Help articles are sometimes vague
After doing some research AFTER the fact (I know, I should have done this first), I discovered that BullUndBear is not authorized by any legitimate financial regulator. They are operating illegally. The website looks very professional but it's all a facade. Please check the regulatory warnings database before investing with ANY company.
Pros: Professional looking website
Cons: No regulatory oversight|Money disappeared|Fake testimonials
I am in a dispute with BullUndBear over a trade that was clearly erroneous. The price shown was wrong, I closed at a profit, and they reversed the trade and took the money back. They said it was a system error. So I lose and they keep? Unacceptable.
Pros: Detailed reporting|Full transparency|Smooth onboarding|Multi-currency support
Cons: Some tools only available on higher tiers|Mobile app could be improved
Several red flags with BullUndBear: (1) They promise unrealistically high returns, (2) They're not registered with Financial Conduct Authority, (3) Their contact information is vague, (4) They pressure you to deposit quickly. I recommend everyone do thorough due diligence before investing with any company.
Cons: Flagged by Financial Conduct Authority|Cannot verify credentials
The platform itself is okay, but the customer service at BullUndBear is truly awful. I waited weeks for a response to a simple inquiry. When they did respond, it felt like a generic template that did not address my specific issue at all.
Pros: Copy trading available|Risk management tools|Competitive fees|Clean UI
Cons: Limited cryptocurrency options|Minor UI glitches occasionally