FX Bullion

WikiFX | 2023-02-02 18:34

Abstract：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.

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

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.

Forex trading Forex Broker

Related broker

No Regulation

FX Bullion

Company name：Mandal T. Limited

Score

1.48

Website：https://fxbullion.com/

2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk

Score

1.48

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