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FXOpulence -

Score

1.46 /10
Danger

FXOpulence

United Arab Emirates

Scam Brokers

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

Australia Appointed Representative(AR) Revoked

High potential risk

https://fxopulence.com/

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Comparison

Quantity 32

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index6.65

Risk Management Index0.00

Software Index4.00

License Index0.00

The WikiFX Score of this broker is reduced because of too many complaints!
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Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

FX OPULENCE PTY LTD

Company Abbreviation

FXOpulence

Platform registered country and region

United Arab Emirates

Company website

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Company summary

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

This platform is a Ponzi Scheme. Please stay away! 6
Previous Detection : 2025-04-30
  • 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!
  • The platform is a Ponzi Scheme, which refers to the use of "principle of value multiplication". In the form of rolling or static fund circulation, it uses the money of next member to pay to the present one, which is essentially a pyramid scheme with the distinction of hidden, deceptive and socially harmful. By calling common person's desire for money, fraudsters in the platform begin raising funds underground. Since this kind of platform mostly will abscond after 1 or 2 years, the fund-raising mode just can exist less than 3 years.

WikiFX Verification

Exposure

32 pieces of exposure in total
Pyramid scheme complaint
Expose
Scam

Not able to withdraw my money since las 6 7 month

Not able to withdraw my money since las 6 7 month

FX3063872350
2025-02-02 11:49
Unable to Withdraw

Unable to Withdraw my money

I am unable to withdraw my money back from FXOpulence please do the needful..

FX4198206389
2024-08-01 20:05
Scam

Fx opulence BIG SCAM

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.

keshav ghule
2024-08-06 18:28
Unable to Withdraw

Scammed with many peoples with preplanning

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

RUSHIKESH7036
2024-08-02 14:35
FXOpulence · Company summary
FXOpulenceReview Summary
Founded2020-11-19
Registered Country/RegionUnited Arab Emirates
RegulationRevoked
Market InstrumentsForex/Cryptocurrencies/Metals/CFDs/Indices/Synthetic indices
Demo Account✅
LeverageUp to 1:500
SpreadFrom 0 pip
Trading PlatformMT5(Windows/iOS/Android)
Min Deposit$50
Customer SupportPhone: +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.

FXOpulence Information

Pros and Cons

Pros Cons
Leverage up to 1:500Revoked
24/7 customer supportUnspecific withdrawal information
MT5 availableNegative 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.

Is FXOpulence Legit?
Is FXOpulence Legit?
Is FXOpulence Legit?

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❌
What Can I Trade on FXOpulence?

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 RazorUltraSynthOp
Min deposit$50$50$50
Spread Starting FromZero1 pip1 pip
Commission$10ZeroZero
Leverage1:5001:5001:500
Swap freeNoNoNo

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 PlatformSupported Available Devices Suitable for
MT5✔Windows/iOS/AndroidExperienced traders
Trading Platform

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.

News

ExposureFXOpulence 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.

WikiFX
2024-08-07 10:05
FXOpulence Scams Indian Trader Out of $5,960.15

ExposureSix 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.

WikiFX
2024-08-05 17:01
Six Months and $2,173 Lost with FXOpulence

ExposureFXOpulence'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.

WikiFX
2024-08-01 14:22
FXOpulence's Withdrawal Delays: Indian Trader Loses $5,834.79

Exposure"FXOpulence cheated us" Victim Stated

Last month, WikiFX received numerous complaints against FXOpulence, and the complaints are still coming. Complainants are saying that FX Opulence does not enable them to withdraw.

WikiFX
2024-07-30 18:51
"FXOpulence cheated us" Victim Stated

ExposureFXOpulence Under Scrutiny for Delayed Withdrawals: Another Trader's Ordeal

Recent incidents involving the broker FXOpulence have raised significant concerns. Following the case of an Indian trader, another individual, Yogesh, has come forward with a similar troubling experience regarding withdrawal delays.

WikiFX
2024-07-30 18:38
FXOpulence Under Scrutiny for Delayed Withdrawals: Another Trader's Ordeal

ExposureInvestor Alert: Why You Should Avoid FXopulence?

FXopulence should be avoided due to the number of complaints we are receiving from investors. There is a higher likelihood of fraudulent activities or malpractices within the platform. Investors may face challenges in seeking legal recourse or protection of their investments in case of any issues.

WikiFX
2024-07-19 17:01
Investor Alert: Why You Should Avoid FXopulence?

ExposureFXOpulence Scam "Exposed"

As said before, FXOpulence is stealing the money of its users. WikiFX receives many complaints regarding FXOpulence.

WikiFX
2024-07-18 19:35
FXOpulence Scam "Exposed"

ExposureFXOpulence: Another Case of Unfulfilled Withdrawal Requests

Finding a reliable broker is crucial. Unfortunately, not all brokers operate with the transparency and integrity traders deserve. One such broker that has recently come under scrutiny is FXOpulence. A troubling case has emerged involving a trader from India, who has experienced significant difficulties withdrawing their funds.

WikiFX
2024-07-18 09:30
FXOpulence: Another Case of Unfulfilled Withdrawal Requests
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Mr. Dong25218
more than one year
Excellent account managers who keep in touch. Find the app easy to use. Lots of educational content to help me learn. Good use of news and kept up to date with any stock market changes.
Excellent account managers who keep in touch. Find the app easy to use. Lots of educational content to help me learn. Good use of news and kept up to date with any stock market changes.
Translate to English
2024-06-20 18:49
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0
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Xinmail
more than one year
When I ran into some trading issues, I first tried emailing customer service for help, but they didn't get back to me right away. But then I found the customer service hotline on their website, and they picked up right away and solved my problem. That was awesome! However, they have a limited number of account types, and it seems like they don't have the one I'm looking for...😕
When I ran into some trading issues, I first tried emailing customer service for help, but they didn't get back to me right away. But then I found the customer service hotline on their website, and they picked up right away and solved my problem. That was awesome! However, they have a limited number of account types, and it seems like they don't have the one I'm looking for...😕
Translate to English
2024-07-24 18:29
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