Impersonation of Bullion Enterprises Pty Ltd (bullefx.com) has been flagged by ASIC (Australia) for "Imposter". Phones: 61370446530
Addresses: 1/56 Scarborough St Southport QLD 4215 Australia; Tower 42 25 Old Broad Street London
EC2N 1HQ This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: bullefx.com.
Do not use Impersonation of Bullion Enterprises Pty Ltd (bullefx.com) for anything serious. I used them since the beginning of the year for small trades and it was okay. When I deposited a larger amount and traded more, my account was flagged, my withdrawals were delayed, and I was asked to explain my trading. They treat active traders like criminals.
Pros: Segregated accounts|Demo account available|Instant funding|Multi-device support
Cons: Email notifications too frequent
My card was charged twice by Impersonation of Bullion Enterprises Pty Ltd (bullefx.com) on the same day. I had to dispute it with my bank. Impersonation of Bullion Enterprises Pty Ltd (bullefx.com) then froze my account and said I had a negative balance because of the chargeback. They created the problem and then punished me for it.
Pros: Low minimum deposit|Regular updates|Market news feed
Cons: Minor UI glitches occasionally
I gave Impersonation of Bullion Enterprises Pty Ltd (bullefx.com) a fair chance. After since mid-2025 of usage, I can say with confidence that there are far better options available. The interface is clunky, the fees are higher than competitors, and the customer support team seems overwhelmed or understaffed.
Pros: No hidden fees|Regular platform improvements
Cons: Limited ETF selection
Impersonation of Bullion Enterprises Pty Ltd (bullefx.com) seems more interested in acquiring new customers than taking care of existing ones. The marketing is aggressive but the product is mediocre. Once you are past the honeymoon period, the cracks in their service become very apparent.
Pros: Regular updates|High security standards|Helpful community forum|Automated trading options
Cons: Some tools only available on higher tiers|Limited cryptocurrency options
The mobile app from Impersonation of Bullion Enterprises Pty Ltd (bullefx.com) is dangerous. I placed an order that showed as pending, so I placed another. Both executed and I was overexposed. When I complained they said it was user error. The app design is misleading.
Pros: Transparent fees|High security standards|Risk management tools
Cons: Minimum deposit could be lower|Minor UI glitches occasionally
KYC with Impersonation of Bullion Enterprises Pty Ltd (bullefx.com) is a nightmare. I submitted my ID and proof of address. They rejected it and asked for a utility bill. I sent it. They asked for a bank statement. Then they asked for a selfie with the ID. Then they said the selfie did not match. I gave up.
Pros: Clean UI|Real-time alerts|Multi-device support
Cons: Minor UI glitches occasionally
I had a dispute with Impersonation of Bullion Enterprises Pty Ltd (bullefx.com) and went to their complaints process. They have an internal team that just defends the company. Then they said I could go to an ombudsman - but the ombudsman they use is industry-funded and rarely rules for the client. The system is rigged.
Pros: Competitive fees|Full transparency|Regular updates
Cons: No integrated tax optimization|Help articles are sometimes vague
Do not be fooled by the professional-looking website. Behind the scenes, Impersonation of Bullion Enterprises Pty Ltd (bullefx.com) is disorganized and incompetent. I found them while looking for alternatives to my previous provider and I can only assume the positive reviews are either outdated or paid for because my experience was terrible.
Pros: Easy to use platform|Multiple order types|API access|Economic calendar
Cons: Limited ETF selection
The platform at Impersonation of Bullion Enterprises Pty Ltd (bullefx.com) is riddled with bugs. Charts display incorrect data, order confirmations sometimes fail silently, and the portfolio tracker disagrees with actual positions. After for about eight months of dealing with this, I have had enough.
Pros: Fast support response|Comprehensive tools|Copy trading available
Cons: Onboarding videos are outdated|No fractional shares
I had high hopes for Impersonation of Bullion Enterprises Pty Ltd (bullefx.com) through my accountant's suggestion, but my experience has been disappointing. Customer support is slow, the platform has frequent issues, and their fee structure is not as transparent as advertised. I am actively looking for alternatives now.
Pros: Instant funding|No hidden fees|Low minimum deposit|Full transparency
Cons: Alert system is basic|Cannot customize dashboard fully