Score
Saint Vincent and the Grenadines
|
2-5 years
| https://fxbullion.com/
Website
Rating Index
LicensesNo valid regulatory information, please be aware of the risk!
Saint Vincent and the Grenadines| Basic | Information |
| Registered Countries | Saint Vincent and the Grenadines |
| Regulation | No License |
| Minimum Deposit | $100 |
| Maximum Leverage | 1:1000 |
| Minimum Spread | 0.1 pips (EUR/USD) |
| Trading Platform | MT5 |
| Demo Accounts | Available |
| Trading Assets | Forex |
| Payment Methods | N/A |
| Customer Support | Telephone, Email |
General Information
FX Bullion is an offshore forex broker registered in the Saint Vincent and the Grenadines, offering a series of trading instruments with the maximum trading leverage up to 1:1000 through the MT5 trading platform. However, this brokerage house is registered offshore and doesnt hold any license to provide online trading services.
FX Bullion is owned and operated by Mandal T. Limited, Registered address: Beachmont Business Centre, 161, Kingstown, Saint Vincent and the Grenadines.
Minimum Deposit
The minimum initial deposit to trade with FX Bullion is acceptable $100.
Leverage
Leverage advertised by FXBullion might be up to 1:1000. It is common for offshore brokers and scammers to offer such low interest rates in order to entice new customers. High-leverage trading is extremely dangerous for retail investors, which is why many regulatory authorities have put limitations on it.
Spreads & Commissions
As tested in demo account on the MT5 trading platform, without a commission, spreads on the EUR/USD currency pair range from 0.1 to 0.2 pips, which is too good to be true given the fact this brokerage firm is an unregulated one.
Trading Platform
FXBullion offers its clients access to MT5 trading platform, which sounds good news. However, we cannot find its MT5 download link.
Deposit & Withdrawal
Following our registration, we were only able to deposit through a few questionable payment providers like the following:
If you use any of those methods to fund your account, you run the risk of losing your money. So, in this case, we recommend using bank cards like Visa and MasterCard to fund your trading account, regardless of the broker. These major credit cards allow chargebacks within 540 days of the transaction.
Customer Support
Traders with any inquiries or trading related issues can reach through brokerage house through the following channels:
Telephone
Switzerland - 41225083459
Hong Kong - 85230022628
India - 912250972533, 912250972534
support@fxbullion.com
Besides, you can also follow this brokerage firm on some social media platforms like Twitter, Instagram and Linkedin.
Pros & Cons
| Pros | Cons |
| MT5 trading platform supported | No regulation |
| High leverage up to 1:1000 | No clear info on deposit & withdrawal |
| Average customer service |
Frequently Asked Questions
What is the minimum initial deposit to trade with FX Bullion？
The minimum initial deposit to trade with FX Bullion is acceptable $100.
Does FX Bullion offer demo accounts？
Yes, FX Bullion offers demo accounts.
What is the maximum leverage available？
The maximum trading leverage that is available on the FX Bullion platform is up to 1:1000.
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FX3664927522
India
I'm having account in Fxbullion since 8months, and these people not allowing for withdrawal my money. apart from requesting several times with customer support.
Exposure
FX3664927522
India
as I deposited here after 5 months they are not allowing me for withdrawal. the total result is this is a scam. please be away from this.
Exposure
FX3862210739
India
I joined fx bullion login and registered and paid fund of 50usdt in account after 17 day it become 91 usdt but software not allowed withdra called customer care she guide me that you will withdrwa after seven day i called many time but not response received by customer care even after two month
Exposure
FX1262947641
Nigeria
They claimed that their site is under construction, in fact, it is to run away! I have read too many negative reviews that many people have been deceived by this company. They owe money and do not pay it back, isn’t it a scammer?
Neutral
荒47706
Thailand
FX Bullion's website says "under construction", my friend told me this is probably a scammer's trick or delay, they will never come back... After researching the Wikifx website I found out that this is indeed a scammer! I hope the victims can recover their funds as soon as possible.
Neutral