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Score
Saint Vincent and the Grenadines
2-5 yearsSuspicious Regulatory License
High potential risk
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Comparison
Expose
Exposure
Score
Regulatory Index0.00
Business Index6.08
Risk Management Index0.00
Software Index7.62
License Index0.00
No valid regulatory information, please be aware of the risk
Single Core
1G
40G
Danger
General Information & Regulation
Fullerton Markets, a trading name of Fullerton Markets International Limited, is allegedly a suspicious regulated forex broker registered in St. Vincent and the Grenadines that claims to provide its clients with a wide range of tradable assets with leverage up to 1:500 and variable spreads from 0.1 pips on the state-of-the-art MetaTrader5 and mobile trading platforms, as well as a choice of five investment plans and 24-hour customer support.
Market Instruments
Fullerton Markets advertises that it offers numerous trading instruments in financial markets, including forex, metals, indices, crude oil, cryptocurrency and stocks.
Investment Plans
Each time you make a deposit, you are eligible for a credit bonus. Depending on the table below, you can claim 5% for your first $10,000 and will level up to 20% after that. Upon reaching the highest level, you can claim a 10% bonus on every deposit, no matter how large it is.
Leverage
The maximum leverage ratio provided by Fullerton Markets is much higher than most brokers, up to 1:500. Bear in mind that leverage can magnify gains as well as losses, inexperienced traders are not advised to use too high leverage.
Spreads & Commissions
Fullerton Markets claims that the spread for forex trading starts as low as 0.3 pips. Forex pairs at Fullerton Market are based on floating spreads priced by our Tier-1 Liquidity Providers (LPs). Trading sessions, market forces, volatility, and available liquidity all affect price spreads throughout the day. The broker also offers its clients two types of spread, namely Variable Spread with no commission charged and raw ECN Spread directly from markets as low as 0.1 pips with a flat fee of $10 per lot commission for forex instruments.
Trading Platform Available
When it comes to available trading platforms, Fullerton Markets gives traders the industry-standard MetaTrader5 platform, as well as a mobile application called PipProfit. As the successor of MT4, MT5 provides advanced technical analysis tools, automated trading functions (EA) and mobile applications, as well as a user-friendly interface, allowing traders to view their orders, transactions, account details, and keep abreast of the latest market conditions. In contrast, Pipprofit is advertised as a comprehensive platform that gathers your trading resources in one place and keeps you informed of relevant news, events and offerings from Fullerton Markets. It allows you to discover, learn and participate from anywhere and at any time.
Deposit & Withdrawal
Fullerton Markets says to work with numerous means of deposit and withdrawal choices, consisting of Credit Card (Visa, MasterCard), Sticpay, Digital Wallet (Neteller, Skrill, Fasapay), Bank Wire transfers, cryptocurrency (Bitcoin, Ethereum, Ripple and many more), Local Transfer (Malaysia, Vietnam, Thailand, Indonesia, Philippines, China, Myanmar, Cambodia, Laos and India). The minimum deposit requirement is $100 or equivalent value in any other currency for deposits via other payment options and $200 for Bank Wire transfers. There is no minimum withdrawal amount for Credit Card, Sticpay and Digital Wallet; minimum withdrawal of $100 for Bitcoin withdrawals and $200 for Bank Wire transfers. Other more detailed information can be seen in the below screenshots. As for deposit and withdrawal fees, there is an exchange rate of 2-4% for cryptocurrencies, while for other payment options, fees are 100% covered by Fullerton Markets.
Customer Support
Fullerton Markets customer support can be reached by telephone: +44 20 3808 8261, live chat or send messages online to get in touch. Besides, you can also follow this broker on some social media platforms such as Twitter, Facebook, Instagram and LinkedIn. Registered address: First Floor, First St. Vincent Bank Ltd Building, James Street, P.O. Box 1574, Kingstown, VC0100, St. Vincent and the Grenadines with Company No.: 24426 BC 2017.
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