FXBullion broker is not worth your time and money, and we will say it upfront. However, we did an FXBullion review describing why we took this stand and why you should avoid this particular company at all costs.
So, let’s not waste more time. Let’s get to the point!
- But firstly, we want to invite you to read our recently updated AlpsMarkets and Primefin scam broker reviews. Your funds are in danger with them!
|Broker Status:||Offshore Broker|
|Regulated by:||Unlicensed Brokerage|
|Operating Status:||Active Forex Trading Scam|
|Blacklisted as a Scam by:||N/A|
|Broker Owner:||Tsatsa Limited|
|Headquarters Country:||Saint Vincent and the Grenadines|
|Online Trading Platforms:||MT5, WebTrader|
|Crypto Assets:||BTC, XRP, ETH (total 5 cryptos)|
|Available Trading Assets:||Forex (FX), Stocks, Indices, Cryptocurrencies|
|Maximum Leverage:||1:2000 (sign of a scam)|
|Free Demo Account:||No|
|Accepts US Clients:||US traders are not accepted|
|Global Fraud Protection Experts’ Verdict:||Don’t Invest in This Scam Broker!|
FXBullion Regulation and Licensing – Is the Broker Legit?
FXBullion is owned by Tsatsa Limited from Saint Vincent and the Grenadines. As this offshore country doesn’t have a regulator, it’s easy to resolve whether FXBullion is regulated. Yet, we did check a couple of Tier1 registers just to confirm.
Questions to FXBullion License – Reputation Problems
Not with the FSA, not with other offshore or Tier1 regulators could we find FXBullion regulation. Therefore, we confirmed it’s yet another illicit operation that shouldn’t be trusted.
Moreover, the broker has reputation issues since it defrauded many clients who filed a complaint against FXBullion.
Supported Trading Platforms – Available Trading Software
There’s a bit of confusion regarding the FXBullion trading platform. On the main page, the company added a picture of MT5 available for download. Once you check upper tabs, there’s a tab web trader. However, once you try to check the available trading assets, it’s stated that you can trade cryptocurrencies on both MT4 and MT5.
It looks like the broker doesn’t know which platform it offers and would like to be more competitive than it actually is. Since there’s a link for MT5 and a web trader, we will state for now that only these two platforms are available.
FXBullion App – iOS and Android Mobile Trading
FXBullion offers mobile apps for both Android and iOS. It looks like it’s a proprietary app, so we advise traders to be cautious. Like a web trader, a proprietary app means that a broker has access to your trades and funds, which you do not want.
Beware of the FXBullion trading scam!
It looks like FXBullion is avoiding all of the countries with complex regulators. Also, it doesn’t provide financial services within the EEA zone, in the USA, Canada, and some other regions that haven’t explicitly been listed.
It means that the main target is clients from countries where regulatory bodies are not as firm and not as helpful as in other areas — another reason to watch out for the FXBullion scam.
FXBullion Trading Accounts – Account Types
FXBullion offers its traders 4 different account types:
The main difference is in the amount of money, leverage, and quality of service. FXBullion minimum deposit for a Basic account is $100, while for the Diamond account, a client should deposit at least $25,000. When it comes to leverage, the Basic account starts from 1:100, while Diamond account users are getting unbelievable 1:2000 leverage, which is among the highest leverages we’ve seen.
FXBullion Demo Account
Besides standard account types, FXBullion provides Islamic accounts, but unfortunately, there’s no Demo account. Practically, it means that if you want to test their system, you will have to start with a minimum of $100 and see what will happen. Of course, such a thing is not recommended, and you should not accept any offers from this brokerage at all.
FXBullion Scam – Don’t Put Any Money Into This Scam
The primary advice we can give you after everything being said is not to invest any money with this illicit operation. If, however, you have already invested, you should try to get your funds back immediately.
According to the FXBullion reviews we’ve seen, getting a withdrawal is nearly impossible, so we would advise you to start a chargeback process. Remember that this procedure is time-limited, usually up to 180 days after a fraudulent transaction. For further details, contact our support department.
Scammed By FXBullion Broker? – Talk To Our ExpertsToday
If you have been scammed by FXBullion, let us know. Our team of experts at Global Fraud Protection recently helped many in your situation. We will help you file a dispute and request your funds back. As mentioned, we do not have a lot of time, so contact us immediately.
Let’s get what’s rightfully yours!
Don’t Let the Scammers Go Away for Free!
What Is FXBullion, And Should I Invest Money In It?
Basically, it is an unregulated offshore brokerage you should not invest your money in.
Is FXBullion Safe?
Firm is not regulated and is not a safe brokerage. You should avoid it at all costs.
Which Trading Platforms Are Supported By FXBullion Broker?
Broker provides MT5 and a WebTrader for its clients along with a mobile app.
What Products Does FXBullion Offer?
Clients can trade with currency pairs, stocks, indices, and cryptocurrencies.