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FX Bullion -

Score

1.43 /10
Danger

FX Bullion

Saint Vincent and the Grenadines

2-5 years

Suspicious Regulatory License

High potential risk

https://fxbullion.com

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Comparison

Quantity 3

Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index6.36

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Broker Information

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Company Name

Mandal T. Limited

Company Abbreviation

FX Bullion

Platform registered country and region

Saint Vincent and the Grenadines

Company website

X

Instagram

Linkedin

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

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Warning: Low score, please stay away! 2
Previous Detection : 2024-11-10
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

Exposure

3 pieces of exposure in total
Pyramid scheme complaint
Expose
Scam

scam broker

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.

FX3664927522
2022-03-07 00:16
Unable to Withdraw

I'm having account in Fxbullion since 8months

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.

FX3664927522
2022-02-05 18:10
Unable to Withdraw

I am unable to withdra amount

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

FX3862210739
2022-04-05 18:21
FX Bullion · Company summary
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.

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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.

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Deposit & Withdrawal

Following our registration, we were only able to deposit through a few questionable payment providers like the following:

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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

Email

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.

User Reviews

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User comment

4

Comments

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FX1262947641
more than one year
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?
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?
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2023-02-28 10:18
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FX1203994094
more than one year
I was almost defrauded by its sweet words, and they are just shameful liars and thieves, they are keep hunting for victims. I am here to tell you guys: don’t trade with unlicensed brokers!!!Never!!!
I was almost defrauded by its sweet words, and they are just shameful liars and thieves, they are keep hunting for victims. I am here to tell you guys: don’t trade with unlicensed brokers!!!Never!!!
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2023-02-14 10:13
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