Fullerton Markets is a name that has become increasingly prominent in the online trading landscape since its inception in 2015. It stands out as a significant entity in the financial markets.
This forex trading broker review explains various aspects of Fullerton Markets, thoroughly examining its services, account types, regulatory compliance, trading platforms, fee structure, and customer support systems.
Fullerton Markets: Overview
Established: 2015
Headquarters: St. Vincent and the Grenadines
Trading Platforms: MetaTrader 4, MetaTrader 5 , CopyPip
Mobile Trading: Yes
Minimum Deposit: $100
Account Types: Standard
Fullerton Markets has quickly become a major online trading player since it started in 2015. The company is based in St. Vincent and the Grenadines. The broker now serves traders worldwide by providing a wide range of trading services and tools that meet the needs of new and experienced traders.
Regulation and Registration
As of now, the broker is not licensed or certified by any widely recognized regulatory authorities.
Account Types of Fullerton Markets
Fullerton Markets has streamlined its account offerings by providing a single standard account type with a unique twist. This standard account is differentiated by three distinct types of spreads, catering to various trading preferences and strategies. This approach simplifies the decision-making process for traders, focusing on spread options rather than multiple account types.
Deposit and Withdrawal
Fullerton Markets offers diverse deposit and withdrawal methods, including credit cards, Sticpay, digital wallets, and cryptocurrencies. All methods support major currencies like USD, EUR, and SGD. The broker absorbs all transaction fees and sets the minimum deposit at USD 100, with flexible withdrawal options and no minimum limit for most methods. For cryptocurrency transactions, the minimum deposit and withdrawal are USD 200.
Additionally, this broker provides localized bank transfer options in several Asian countries. Each country has region-specific minimum and maximum withdrawal limits while maintaining the standard USD 100 minimum deposit.
Products in Fullerton Markets
- Forex
- Metals
- Indices
- Crude Oil
- Cryptocurrencies
- Stocks
Trading Platform of Fullerton Markets
- MetaTrader 4
- MetaTrader 5
- CopyPip
Fees of Fullerton Markets
Fullerton Markets’ fee structure encompasses commissions on certain accounts, swap fees for overnight positions, and potential charges for deposits and withdrawals. While commissions are specific to accounts with lower spreads, and swap fees apply to some accounts for holding positions overnight. Deposit and withdrawal fees vary by method and are an additional consideration for traders.
Fullerton Markets Promotions
This broker currently does not offer a welcome bonus promotion. Instead, their promotional activities are focused on periodic bonus campaigns designed for specific promotional periods.
Customer Support
- Email: [email protected]
- Phone: +44 20 3808 8261
- Live Chat: 24/5
Pros & Cons
Pros
- Free trading tools
- Commission-free transactions
- Negative balance protection
- A variety of trading platforms
- CopyPip platform
Cons
- Lack of regulation
- Limited bonus availability
- Weekday-only support
Pros Explained
- Trading tools on the broker website are available at no additional charge.
- The broker typically covers commission fees for both deposits and withdrawals.
- This feature ensures that traders do not lose more than their account balance.
- The broker offers a range of platforms, including MetaTrader 4, MetaTrader 5, and its platform, CopyPip.
- CopyPip provides an innovative approach to trading, allowing users to copy trades from experienced traders.
Cons Explained
- This broker operates without regulation from any third-party authorities.
- Bonus programs are generally not available for traders.
- Support is restricted to weekdays, which is potentially inconvenient for weekend traders.
Is Fullerton Markets Worth Considering?
Fullerton Markets offers appealing features, especially regarding trading platforms and user support. However, the decision to trade with them should be weighed against the potential risks of the lack of regulatory oversight. Traders prioritizing a wide range of trading tools and platform options may find this broker suitable. Nevertheless, those for whom regulatory security is paramount should consider other options.
As always, traders should conduct thorough research and consider their needs and risk tolerance before deciding.
FAQs
It is an online forex and CFD broker established in 2015, offering its clients a range of trading platforms and investment options.
It is not regulated by any significant third-party financial authorities, which raises considerations about the security and protection of investments.
The broker offers MetaTrader 4, MetaTrader 5, and CopyPip, catering to different trading needs and preferences.
Fullerton Markets covers most commission fees for deposits and withdrawals, though some specific methods may incur charges.
The broker offers a standard account with different spread types, Standard, Raw, and Pro, each tailored to various trading styles.
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