FX Bullion Forex Broker

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.