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/10

FX Bullion

Saint Vincent and the Grenadines Saint Vincent and the Grenadines | 5-10 years |
Questionable Regulatory License | Suspicious Operational Region | High Potential Risk

https://fxbullion.com/

Website

Rating Index

Contact

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

license Forex License

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
2

Basic Information

Registered Region
Saint Vincent and the Grenadines
Operating Period
5-10 years
Company Name
Mandal T. Limited
Email
support@fxbullion.com
Contact Number
+912250972533
Company Website
Account Info
Verified Site
About Us
Wiki Q&A
Comment

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Official Website

Verified Site

  • fxbullion.com
    185.229.224.210
    Server Location
    Netherlands Netherlands
    ICP Registration No.
    --
    Top Visitor Locations
    --
    Creation Date
    --
    Website Name
    --
    Company
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Company Profile

Company Profile

Review 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:

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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.

Company Profile

  • 5-10 years
  • Questionable Regulatory License
  • Suspicious Operational Region
  • High Potential Risk

Wiki Q&A

Is FX Bullion safe to trade with?

FX Bullion presents a high-risk profile for traders, as it operates without any verified licenses from major financial authorities like the FCA, ASIC, or CySEC. This complete absence of credible regulatory oversight means client funds are not held in segregated accounts under formal supervision, and traders lack access to formal dispute resolution or compensation schemes that are standard with regulated brokers. The broker's low WikiFX score of 1.49 reflects these significant structural concerns. While it offers features like leverage up to 1:800 and account types starting from a $100 minimum deposit, these conditions do not alter the fundamental risk associated with its unregulated status.

04-02
United States

What is the regulatory status of FX Bullion?

FX Bullion, operating under the entity Mandal T. Limited, is not regulated. The company is based in Saint Vincent and the Grenadines, a jurisdiction known for its lack of a formal regulatory framework for forex trading. Verification indicates the broker holds zero valid licenses from any mainstream global financial watchdog. This means its operations are entirely outside the scope of independent oversight, client fund protection rules, and mandatory transparency requirements imposed on regulated firms.

04-02
United States

How can I contact FX Bullion?

Contact details for FX Bullion are not currently publicly disclosed in a verifiable manner. For an entity operating without regulatory oversight, the lack of transparent, easily accessible contact information such as a physical office address or verified customer service channels is a notable concern that potential clients should consider.

04-02
United States

How can I determine if a forex broker is regulated?

To determine whether a broker is regulated, the key is to verify whether it holds a valid financial license. Investors can check the license number and status through the official websites of regulatory authorities (such as Financial Conduct Authority, Australian Securities and Investments Commission) to confirm whether the license is real and under valid supervision. It should be noted that some brokers may engage in license cloning or unauthorized operations, meaning they use another company's license or provide services in regions where they are not authorized. These situations also involve risks. In addition, investors can use WikiFX to check the broker's regulatory status, historical records, and risk ratings as supporting reference, so as to evaluate its compliance more comprehensively.

04-02
United States

How can I identify a scam or fraudulent forex broker?

A broker can be evaluated as a potential scam platform by considering multiple factors such as regulatory qualifications, user complaints, fund security, and platform data. In general, brokers without valid regulation, those that frequently have withdrawal problems, those with a large number of user complaints, or those providing false information usually carry higher risks. You can check the broker's regulatory status, overall rating, exposure records, and user reviews on the WikiFX platform, and make judgments based on multi-dimensional data to effectively identify and avoid scam platform risks.

04-02
United States

How is the WikiFX Score calculated?

WikiFX ratings are calculated based on a multi-dimensional data model, mainly including five dimensions: regulatory index, license index, business index, risk control index, and software index. The rating adopts a range system (0-10 points). The higher the score, the higher the broker's overall performance level. In addition, ratings are dynamically updated according to regulatory changes, complaint handling results, and historical data performance, making the rating more objective and timely. You can check the scores of each dimension and their trends on the WikiFX platform to evaluate the broker's actual situation more comprehensively.

04-02
United States

What is WikiFX, and how does it help investors?

WikiFX is a third-party platform that provides forex broker information inquiry and risk alerts. This type of platform mainly integrates brokers' regulatory information, user feedback, and historical records, and conducts comprehensive evaluation through a multi-dimensional model to help investors quickly understand the broker's basic situation and potential risks. By using such tools, investors can conduct preliminary screening before choosing a broker, thereby reducing decision-making risks caused by information asymmetry.

04-02
United States

What factors should I consider when choosing a safe forex broker?

When choosing a safe broker, investors should focus on key factors such as regulatory qualifications, fund security, and trading transparency. In general, priority should be given to platforms regulated by major regulatory authorities, such as the Financial Conduct Authority, the U.S. Securities and Exchange Commission, and the Australian Securities and Investments Commission. At the same time, attention should also be paid to: whether client funds are kept in segregated accounts, whether the fee structure is transparent, and whether there are many negative complaints or withdrawal problems. By combining WikiFX ratings and user feedback, investors can evaluate broker risks more comprehensively.

04-02
United States
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