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FX Bullion

Saint Vincent and the Grenadines|2-5 years|
Suspicious Regulatory License|MT4/5 White Label|Chinese market only|High potential risk|

https://fxbullion.com/

Website

Rating Index

MT4/5 Identification

MT4/5 Identification

White Label

1
Server Name
TsatsaLimited-Live MT5
Server Location Hong Kong

Contact

+91 2250972533
support@fxbullion.com
https://fxbullion.com/
Griffith Corporate Centre, 161 Beachmont, Kingstown, St. Vincent & Grenadines

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

Contact number

English

+91 2250972533

English

+41 225083459

English

+852 30022628

Broker Information

More

Company Name

Mandal T. Limited

Company Abbreviation

FX Bullion

Platform registered country and region

Saint Vincent and the Grenadines

Company website
Twitter
Instagram
Linkedin

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2024-02-25
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

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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.

image.png

Deposit & Withdrawal

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

image.png

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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4

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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?
2023-02-28 10:18
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0
0
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!!!
2023-02-14 10:13
Reply
0
0
FX1153144384
more than one year
I'm really speechless, don't do business with this liar, now the website can't be opened, and the customer service who was so attentive to me at the beginning also showed its true face and didn't reply to me at all. I will save my money to buy coffin books for them!
2022-12-15 11:13
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0
0
荒47706
more than one year
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.
2022-12-14 17:00
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0
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