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Forensic review · October 2026

Bulge GROUP Review — Is Bulge GROUP a Scam?

Forensics Source Group is not affiliated to this broker. We do not hold this account, we cannot close a balance, and we do not phone you as this firm.

Yes. Bulge GROUP is a 2024-vintage “UK-branded” MT5 forex and CFD broker operating from a Saint Lucia virtual address with a fabricated FCA licence number. The notices are written once, in the block below. If you paid bulgefx.com, the date and how you paid are the part this review cannot see.

Send this to Forensics Source Group
The short answerIt's a scam
WithdrawalsBlocked or stalled
What to doSend it to Forensics Source Group
The record

What the notices say

  • Claims “FCA regulation, licence number 16504943” — fabricated: genuine FCA firm reference numbers are around six digits, and WikiFX finds no forex licence at all.
  • A 2024 Saint Lucia shell despite its “United Kingdom” registered-region tag, at the same Sotheby Building, Rodney Bay address as WinproFX, Weby Markets and Bluvox — the four share one virtual office.
  • WikiFX score 2.02/10: “Not Regulated”, “No forex trading license found”.
  • A WikiBit user report: “Bulge Group is a scammer… withdrawal approved but never received” (pending 11+ days).
Loss or this pattern

A trading loss and this pattern are not the same

A trading loss is a real position that moved against you. You can see the trade. The pattern below is a different event.

  • withdrawals approved but never arriving
  • an FCA number that is the wrong length and matches nothing on the register
  • a “UK” brand that is actually a Saint Lucia shell
  • a shared virtual office with three other flagged brands
FAQ

Frequently asked questions

Can you close my Bulge GROUP account, or have the person who phoned me call again?

Forensics Source Group is not affiliated to this broker. We do not hold an account at bulgefx.com. We cannot confirm a balance, close an account, or phone you as Bulge GROUP.

Bulge GROUP says I must pay a tax or fee before withdrawing — should I?

No. A real broker deducts a fee from the balance. A new payment to release your own money is a second charge. Keep the message that asked for it.

What do you do with what I send?

We place it next to the record above. Where the same payment shows up from other people, those files can sit together as a class action. The first look is free.

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Forensics Source Group is not affiliated to this broker. We cannot close an account or confirm a balance. Write the date and how you paid.

Office5615 Concord Pike, Wilmington, Delaware 19803, USA
CoverageUnited States · United Kingdom · European Union · Germany
Forensics Source Group operates lawfully and only on systems, devices and accounts our clients own or are legally authorized to examine. This review is a forensic assessment of publicly observable information as of October 2026; it is not investment advice.