Score
FXOpulence
United Arab Emirates|2-5 years| https://fxopulence.com/
Website
Rating Index
Contact
- This broker has been verified to be illegal and all of its licences have expired, and it has been listed in WikiFX's Scam Brokers list. Please be aware of the risk!
Basic Information
United Arab EmiratesAccount Information
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Website
fxopulence.com
Server Location
United States
Website Domain Name
fxopulence.com
Server IP
162.214.80.40
Company Summary
| FXOpulenceReview Summary | |
| Founded | 2020-11-19 |
| Registered Country/Region | United Arab Emirates |
| Regulation | Revoked |
| Market Instruments | Forex/Cryptocurrencies/Metals/CFDs/Indices/Synthetic indices |
| Demo Account | ✅ |
| Leverage | Up to 1:500 |
| Spread | From 0 pip |
| Trading Platform | MT5(Windows/iOS/Android) |
| Min Deposit | $50 |
| Customer Support | Phone: +971 44578904 |
| Email: support@fxopulence.com | |
| Twitter/Facebook/Instagram/LinkedIn | |
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.
Keywords
- Scam Brokers
- 2-5 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- Australia Appointed Representative(AR) Revoked
- High potential risk
News
Exposure FXOpulence Scams Indian Trader Out of $5,960.15
Indian trader lose $5,960.15 to FXOpulence after being unable to withdraw funds. Learn how to avoid such scams and protect your investments.
2024-08-07 10:05
Exposure Six Months and $2,173 Lost with FXOpulence
In a recent complaint submitted to WikiFX, an Indian investor named Rushikesh has brought to light serious allegations against the online broker FXOpulence. According to Rushikesh, he deposited a significant amount of $2,173 with the broker, but despite numerous attempts, he has been unable to withdraw any funds for the past six months.
2024-08-05 17:01
Exposure FXOpulence's Withdrawal Delays: Indian Trader Loses $5,834.79
The Indian trader's withdrawal requests were delayed by unregulated broker FXOpulence, resulting in a $5,834.79 loss. Learn about the risks of dealing with unauthorized trading platforms.
2024-08-01 14:22
News FXOpulence License Revoked: Indian Investor's $8341 Stuck
FXOpulence's ASIC license was revoked, leaving an Indian investor unable to withdraw $8341. The victim urges others to avoid this broker.
2024-07-17 13:26
News $6000 lost! FXOpulence Blocks Victim’s Withdrawal Request for Three Months
FXOpulence has emerged as a controversial and highly dubious player. Despite its claims of being a reliable broker, the experiences of numerous victims tell a different story. A particularly harrowing account comes from an Indian victim who has found himself ensnared in what appears to be a well-orchestrated scam.
2024-07-15 17:38
News WikiFX Review: Is it OK to invest in FXOpulence?
In this article, we will analyze FXOpulence’s key features to help you determine if FXOpulence is the right fit for your forex trading endeavors.
2023-08-01 17:15
Review 38
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FX3063872350
India
Not able to withdraw my money since las 6 7 month
Exposure
02-02
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
FX4198206389
India
I am unable to withdraw my money back from FXOpulence please do the needful..
Exposure
2024-08-01
FX1601099632
India
Sir we want justice so many people deposited in fxopulence cheated us .
Exposure
2024-07-26
FX7626055120
India
I was use or off effects of September 2023 I almost double my account but not taken too much withdrawal but seems February broker delaying for withdrawal and at the end of February month totally stopped but still I am having more than 8500 in my trading account please take the legal action against it possible Screenshot of my account and also my teammate account you can see above and below accounts
Exposure
2024-07-26
FX3021290175
India
I have invested 4500 USDT i have send multiple time withdrawal request but this broker can't accept withdrawal request .this broker send me mail usdt not withdrwal due to cyber attack .this fxopulence broker does not gave me money
Exposure
2024-07-23
FX2316900801
India
It was the worst experiance i have. This fxo broker made a fraud with its own members..plzzz rake an action agaibt this beoker..and return ur fund...
Exposure
2024-07-15
FX2230281679
India
Why my amount not withdraw . I am proceeding exceed time but not withdraw my amount
Exposure
2024-07-11
FX2316900801
India
I have diposit 5000 usdt in My trading account. I was withdrawling my fund..but broker took all guareentee of our fund..so avoid removing fund...plz help..and give me my fund back..
Exposure
2024-07-11
FX2219082310
India
I raise withdraw request 72$ but its pending please resolve this issue... Attach screenshot here...
Exposure
2024-07-09
yogi2312
India
I have invested 1192140 INR ie [13246 USDT] i have send multiple time withdrawal request but this broker can't accept withdrawal request .this broker send me mail usdt not withdrwal due to cyber attack .this fxopulence broker does not gave me money
Exposure
2024-06-09
yogi2312
India
I have invested 1192140 INR ie [13246 USDT] i have send multiple time withdrawal request but this broker can't accept withdrawal request .this broker send me mail usdt not withdrwal due to cyber attack .this fxopulence broker does not gave me money
Exposure
2024-06-06
INDRA2258
India
I invested in my hard cash [ Gold Loan ] i.e 5 lacks rupees [5555 USDT] March2024 after that i many time mail fxopulance withdrawel my usdt but they mailed me 2 or 3 months we not transfer usdt due to cyber attack , then after 3 months fxopulance broker does not gave me my money
Exposure
2024-06-05
FX3477059212
India
i’am trying to take a withdrawal since 1 month but they are unable to process it and keep deleting my withdrawal requests i have applied like 10 times. Don’t put your hard in money on this broker it’s become a scam now
Exposure
2024-04-05
FX2860912915
India
The owner of this broker is Mangesh Shinde who has already done 4 scams and this is the 5th scam. Please do not get trapped by this broker.
Exposure
2024-03-29
sujal1113
India
I had taken withdrawl from 29th febuary but still not getting money.This a scam broker.stay away from this.I have 780$ in my wallet still not getting withdrawl .Scam broker.
Exposure
2024-03-21
Rajesh3851
India
Fx opulence creat a hypothetical signal based trading and after a period give a massage for hacking of there software by means stop the all types of withdrawal. After a huge pressure they promise for withdrawal of only profit which was gain by traders after 14th of March. One singal withdraw done by them but after that they not to pain head for further payment. Kindly be aware all of person and request to authority that they take proper and necessary action against fxopulence and there leaders.
Exposure
2024-03-18
kalim256
India
pending withdrawal request from 6 March.
Exposure
2024-03-12
jigar251
India
I am using Fx opulence from last 6 month and I trade in synthetic indices. this is only broker who provide synthetic indices for trade. I previously deposited my money and also withdrawal but. my last request is pending from 8 days and also previously I raised a request for withdrawal and then dilted. they are not processeding withdrawals and thair support is saying we are facing some technical issues so that's why we are upgrading our systems. so please do something my account is 18000 $ and all is client money. so please provide some solutions what to do know and thair support system is also not responding now
Exposure
2024-03-11