FXOpulence Spreads, leverage, minimum deposit Revealed

WikiFX | 2025-02-10 18:54

Abstract：FXOpulence is a broker in online trading and provides both beginner and professional traders with access to various opportunities across global financial markets including forex, cryptocurrencies, metals, CFDs, indices, and synthetic indices. The broker also provides up to 500x leverage, different account types, and 24-hour customer support. The minimum spread is from 0 pip and the minimum deposit is $50. Traders can access the popular MT5 trading platform through FXOpulence.

FXOpulenceReview Summary
Founded	2020-11-19
Registered Country/Region	United Arab Emirates
Regulation	Revoked
Market Instruments	Forex/Cryptocurrencies/Metals/CFDs/Indices/Synthetic indices
Demo Account	✅
Leverage	Up to 1:500
Spread	From 0 pip
Trading Platform	MT5(Windows/iOS/Android)
Min Deposit	$50
Customer Support	Phone: +971 44578904
	Email: support@fxopulence.com
	Twitter/Facebook/Instagram/LinkedIn

FXOpulence Information

　　FXOpulence is a broker in online trading and provides both beginner and professional traders with access to various opportunities across global financial markets including forex, cryptocurrencies, metals, CFDs, indices, and synthetic indices. The broker also provides up to 500x leverage, different account types, and 24-hour customer support. The minimum spread is from 0 pip and the minimum deposit is $50. Traders can access the popular MT5 trading platform through FXOpulence.

Pros and Cons

Pros	Cons
Leverage up to 1:500	Revoked
24/7 customer support	Unspecific withdrawal information
MT5 available	Negative comments about difficulty in withdrawal
Spread as low as 0 pip
Demo account available
Various tradable instruments

Is FXOpulence Legit?

　　ASIC regulates FXOpulence with license numbers 001302288 and 001302798 and License Type Appointed Representative(AR). However, the 'Revoked' current status is less safe than a regulated one.

What Can I Trade on FXOpulence?

　　FXOpulence offers 400+ market instruments, including forex, cryptocurrencies, metals, CFDs, indices, and synthetic indices.

Tradable Instruments	Supported
Forex	✔
CFDs	✔
Indices	✔
Synthetic indices	✔
Metals	✔
Cryptocurrencies	✔
Commodities	❌
Stocks	❌
Shares	❌
ETFs	❌
Bonds	❌
Mutual Funds	❌

Account Type

　　FXOpulence has three account types: Razor, Ultra, and SynthOp. Traders who want low spreads can choose a razor account. In addition, the demo account is predominantly used to familiarize traders with the trading platform and for educational purposes only.

Account Type	Razor	Ultra	SynthOp
Min deposit	$50	$50	$50
Spread Starting From	Zero	1 pip	1 pip
Commission	$10	Zero	Zero
Leverage	1:500	1:500	1:500
Swap free	No	No	No

FXOpulence Fees

　　The spread starts from 0 pip, and the commission is from 0. The lower the spread, the faster the liquidity.

Leverage

　　The maximum leverage is 1:500 meaning that profits and losses are magnified 500 times.

Trading Platform

　　Traders can conduct financial activities in MT5 available in Windows, iOS, and Android through FXOpulence. Traders with rich experience are more suitable for using MT5 with various trading strategies and EA systems.