FXOpulence Forex broker specializes in providing foreign exchange trading services, the company's official website https://fxopulence.com/openLiveAccount, the company's legitimate regulatory information AustraliaASICAppointed Representative(AR),AustraliaASICAppointed Representative(AR), to enhance the security of the company's address .
FXOpulence Forex Broker
Basic information
United Arab Emirates
Scam Brokers 2-5 years Suspicious Regulatory License Suspicious Scope of Business Australia Appointed Representative(AR) Revoked Australia Appointed Representative(AR) Revoked High potential riskCompany profile
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.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT5 | ✔ | Windows/iOS/Android | Experienced traders |
Deposit and Withdrawal
The first deposit amount must be $50 or above. FXOpulence accepts ETH, BEP-20, TRC-20, and BTC for deposit and withdrawal.
Rating Index
SynthOp
Ultra
FXOpulence Similarly Rated Brokers
Latest Reviews
keshav ghule
India
We have deposited $5551 with broker FXopulence but they have not allowed us to withdraw any kind of money till date and they are giving us different reasons for withdrawal, it is security attack, technical error, all this from last five-six months. It is said, but now there is no movement, and I have been cheated and millions of others have been financially cheated in fx opulence, but we should get our money back.
Exposure
2024-08-06
RUSHIKESH7036
India
We have deposited $ 2173 amount with the broker which is FXopulence but they have not given us any kind of withdrawal till now and also they are giving us different reasons for withdrawal saying that it is the security attack, there is technical error, all these things are told to us for the last five to six months, but there is no movement now, which has not been given, with us there is a big scam and this broker doing all with preplanning please resolve our problem
Exposure
2024-08-02
FX3063872350
India
Not able to withdraw my money since las 6 7 month
Exposure
02-02