An extremely thin public footprint was found for this broker -- no review-site profile, forum discussion, or news coverage. One unverified lead suggests a possible connection to a now-discontinued broker's old Seychelles shell entity, but this could not be confirmed as the same company and shouldn't be treated as fact. Verify directly before relying on anything beyond its FSA registration.
| Regulated entity | Pipbull Limited |
|---|---|
| Regulation | FSA Seychelles-licensed (licence number unconfirmed) |
| Other Tier-1 regulators | None confirmed |
| Founded | Not independently confirmed |
| Headquarters | Mahé, Seychelles (registered office) |
| Minimum deposit | Not independently confirmed |
| Avg. spread (EUR/USD) | Not independently confirmed |
| Platforms | Not independently confirmed |
| Instruments | Not independently confirmed |
See Pipbull's full regulation dossier → · How to check whether a forex broker is regulated
Derived from the same confirmed data behind this broker's score (regulation, cost, platforms, deposit minimum) -- not a separate editorial judgment.
Via its Seychelles FSA-licensed entity, there is no statutory investor compensation scheme -- if that entity fails, there is no guaranteed fund to recover client money from.
Beyond the headline spread and minimum deposit above. Where our research hasn't independently confirmed a specific detail, we say so rather than guess -- verify directly with the broker before relying on it.
| Account types | Not independently confirmed in our research -- check the broker's own site or contact support directly. |
|---|---|
| Execution model | Not independently confirmed in our research -- check the broker's own site or contact support directly. |
| Withdrawals & deposits | Not independently confirmed in our research -- check the broker's own site or contact support directly. |
| Overnight financing (swap) | Not independently confirmed in our research -- check the broker's own site or contact support directly. |
| Currency conversion cost | Not independently confirmed in our research -- check the broker's own site or contact support directly. |
| Inactivity fee | Not independently confirmed in our research -- check the broker's own site or contact support directly. |
| Customer service | Not independently confirmed in our research -- check the broker's own site or contact support directly. |
| Mobile experience | Not independently confirmed in our research -- check the broker's own site or contact support directly. |
| Educational offering | Not independently confirmed in our research -- check the broker's own site or contact support directly. |
See how Pipbull's spread cost compares across every researched broker → · Forex broker fees explained
Is Pipbull regulated?
Yes -- FSA Seychelles-licensed (licence number unconfirmed). See the regulation dossier on this page for the underlying licence numbers.
Is my money protected if Pipbull fails?
Via its Seychelles FSA-licensed entity, there is no statutory investor compensation scheme -- if that entity fails, there is no guaranteed fund to recover client money from.
What is the minimum deposit at Pipbull?
Not independently confirmed in our research -- verify directly with the broker.
What trading platforms does Pipbull offer?
Not independently confirmed in our research -- verify directly with the broker.
What is Pipbull's average spread on EUR/USD?
Not independently confirmed in our research -- verify directly with the broker.
When was Pipbull founded?
Not independently confirmed in our research -- verify directly with the broker.
How is Pipbull's overall score calculated?
Pipbull currently scores 2.02/5 overall under our disclosed nine-category methodology -- regulation & client protection 30%, trading costs 20%, non-trading fees 10%, platforms & tools 10%, execution/trading conditions 10%, product range 5%, deposits/withdrawals 5%, transparency 5%, track record 5%. It is not a comparison to other brokers and not based on hands-on testing.
A dated log of when our own published data about this broker actually changed -- not a reconstructed history of what the broker itself did. See the full change log tool for every broker.
EU clients typically served under Central Bank of Ireland / MiFID passporting rather than a direct CySEC CIF licence -- worth confirming which entity applies to you.
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