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THE BULLMENTOR VERIFICATION

A NETWORK OF PROFITABLE TRADING MENTORS

We're on a mission to build trust for traders. That's why we verify the profitability of every mentor on our platform.

ACCEPTABLE VERIFICATION DOCUMENTS

While we prefer to receive broker statements from applicants, we understand that not every trader may be able to provide statements. This is why we allow equivalent alternatives.

RETAIL 
TRADERS

  • Monthly broker statements
  • Broker performance summary

PROP FIRM
TRADERS

  • Monthly broker statements
  • Broker performance summary
  • Performance dashboard
  • Payout certificates
  • Payout history

INSTITUTIONAL
TRADERS

  • Monthly broker statements
  • Broker performance summary
  • Bonus or payout documents
  • Signed company verification letter

Documents must be from the past two years and  cover all applicable months. Documents cannot be modified in any way. Please note that we cannot accept statements from unregulated brokerages.

Know your Experience Tier

Profitable for 6+ months

Required Documents
6 months

(Minimum) Net Positive Months 
4 months

(Maximum) Net Negative Months
2 months

Profitable for 1+ year

Required Documents
12 months

(Minimum) Net Positive Months 
8 months

(Maximum) Net Negative Months
4 months

Profitable for 2+ years

Required Documents
24 months

(Minimum) Net Positive Months 
16 months

(Maximum) Net Negative Months
6 months

Verification FAQ

How do I qualify as a mentor on BullMentor?

To qualify, you must have been profitable for 6+ months (Newcomer), 1+ year (Pro), or 2+ years (Expert). Profitability has to be given in 2/3 of all months applicable and you have to be net positive over the total applicable timespan. Please note that we currently only accept US-based mentors.

At BullMentor, we verify mentor profitability via broker statements. This allows us to create trust among our community of traders while also providing a simple approach that we all benefit from. Please note that applications with missing or manipulated statements cannot be processed.

No. We require statements from the past two years. Our traders expect their mentors to be active traders with recent track records. 

To maintain credibility and align with industry standards, we only accept accounts from regulated brokers—those licensed by recognized financial authorities (e.g., FCA, CFTC, ASIC, etc.)

Prop firm traders that don’t have access to broker statements will need to provide one of three alternative verification methods:
  • Payout Certificates
  • Payout History
  • Performance Dashboard 
If you don’t have a personal brokerage, you can verify your profitability via one of the following options:
  • Bonus or payout documents issued by the company
  • Verification letter confirming profitability signed by an authorized company representative (e.g. manager or HR department)

While you’re welcome to use Myfxbook as a verification tool, please note that we require the following for approval via this option:

  1. Live account
  2. Track Record Verified
  3. Trading Privileges Verified
  4. Screenshot from your Myfxbook dashboard showing the full account name 

We currently only allow profitability verification through Centralized Exchanges (CEXs) that provide official account statements or reports. At this time, we do not accept Decentralized Exchange (DEX) wallet submissions for profitability verification.

Broker statements are only used for verfication. We don’t store your statements and your statements are never shared with anyone else.

We offer applicants the opportunity to walk us through their live broker account in a call instead of sending statements. If you would like to utilize this option, please indicate it in your application.

No. We value the privacy of our mentors and hence do not share sensitive information such as full names, trades, or profits. 

Still Looking for Answers?

We’d love to hear from you!