Fullerton Markets Review: Is Fullerton Markets any good?
Fullerton Markets Broker Overview and General Information
In 2015, a brokerage called Fullerton Markets was founded and is ready to serve traders with a vision from the CEO: “When Fullerton Markets was born, we shared our vision with the world to be a distributing force in the trading industry in three areas: safety of funds, speed of execution and wealth creation system.” Rahul Sodhy, CEO Fullerton Markets, said.
From the CEO's vision and the basic information, the broker looks quite interesting. However, we will take a deep dive into the question of whether Fullerton Markets is safe. The insights we have gathered will help traders make an easier decision on the question.
Broker Licensing and Regulation
If you ask whether Fullerton Markets is good or not, you must first consider the license factor, which has the following licenses:
⚠️WARNING: Although Fullerton Markets is licensed, its license tier is Tier D, the lowest tier.
Fullerton Markets Products and Services
Forex: Fullerton Markets offers the best liquidity for Forex trading with the lowest latency connectivity to Tier 1 liquidity partners. All trades at Fullerton Markets are executed directly to the market with no re-quotes.
Precious metals: Trade precious metals including Gold, Silver, Platinum at Fullerton Markets with a minimum lot of 0.01 and a maximum of 50.
index: Trade over 7 major market indices including U30USD (US DJ30), SPXUSD (US SP500), NASUSD (US Tech 100), D30EUR (German 30), 225JPY (Japan 225), H33HKD (Hong Kong 33), 100GBP (UK 100).
Crude oil: Traders can trade crude oil with a margin percentage for WTIUSD of 0.5% and the maximum lot size on Fullerton Markets is 250 lots, which is equivalent to 25,000 units of WTI/USD.
Cryptocurrency: Trade over 10 types of cryptocurrencies, both major and exotic, including BTCUSD, DOGEUSD, ETHUSD, LTCUSD, etc.
share: Fullerton Markets offers CFD shares on the price movements of the biggest companies in the US. Trade the prices of popular stocks such as Apple, Alphabet Inc, Tesla and Amazon and benefit from the market as it rises or falls.
Trading Platform
Meta Trader 5
The upgraded trading platform from MT4 brings a new trading experience to all traders with
21 time frames
More indicators and analysis buttons
Built-in economic calendar
Improved server capabilities and database size
There is a shortcut to Fullerton Suite.
Have the flexibility to trade with a wide range of financial instruments and additional features that give you a trading edge.
Meta Trader 4
The standard platform that traders around the world still use as a trading platform, even though MT5 is now available in the updated system.
Fullerton Markets Account Types
Broker Fullerton Markets offers only one account type, but traders can choose from three different spreads, which will be the factor that makes up the difference between the two accounts.
Variable Spreads
Please note: Spreads are subject to change based on market conditions, which may increase trading costs during periods of high market volatility.
Fixed Raw Spreads
Spreads come from multiple liquidity providers including banks and hedge funds in Equinix LD4 (a dedicated FX data centre in London).
Fixed fee of 8 USD per lot commission for Forex instruments.
Fixed spreads starting at 0 pips
No additional fees
Consider:Fixed fee of 8 USD for Forex instruments, which can be a burden for high volume traders
PRO Spreads
Low markup on spread
No commission
No swap
Fullerton Markets accounts offer different leverage depending on the instrument traded and the amount of equity in the account, ranging from 1:10 -1:500.
Deposit and Withdrawal
Fullerton Markets deposit and withdrawal channels support all systems worldwide, with details as follows:
Credit card
Deposit Currency: USD, EUR, SGD
Fees: 100% covered by Fullerton Markets
Minimum deposit: Minimum 100 USD or equivalent in other currencies.
Minimum withdrawal amount: No minimum
Stick Pay
Deposit Currency: USD, EUR, SGD
Fees: 100% covered by Fullerton Markets
Minimum deposit: Minimum 100 USD or equivalent in other currencies.
Minimum withdrawal amount: No minimum
Digital wallet
Deposit Currency: USD, EUR, SGD
Fees: 100% covered by Fullerton Markets
Minimum deposit: Minimum 100 USD or equivalent in other currencies.
Minimum withdrawal amount: No minimum
For Bitcoin: Minimum withdrawal amount 100USD
Cryptocurrency
Deposit Currency: USD, EUR, SGD
Fees: 100% covered by Fullerton Markets
Minimum deposit: Minimum 200 USD or equivalent in other currencies.
Minimum withdrawal amount：200 USD
Local banks in Thailand
Deposit Currency: USD, EUR, SGD
Fees: 100% covered by Fullerton Markets
Minimum deposit: Minimum 100 USD or equivalent in other currencies.
Minimum withdrawal amount: 500 THB and maximum 250,000 THB
⚠️Warning: For withdrawals, some users have reported that they are experiencing withdrawals that take longer than Fullerton Markets has stated.
Pros and Cons of Fullerton Markets
strength:
There are a variety of trading products.
International standard trading platform
Tight spreads, no commission
weakness:
There is only one license and it is in Tier D.
There are negative news and reviews.
Some account types have high fees.
The minimum deposit is quite high compared to other brokers.
Office location and contact channels
Fullerton Markets Broker Overview Summary
The overall picture of Fullerton Markets in terms of broker credibility, company information, and ease of trading in multiple instruments is considered to be at a fair level. However, there are some disadvantages in terms of user reviews and lack of control.
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Fullerton Markets Review Compare spreads, fees, trading platforms, deposit and withdrawal conditions and more with real user reviews to help you decide which broker suits your needs.
