Fullerton Markets review

Fullerton Markets is a straight-through processing (STP) broker that offers a range of trading options, including currency pairs and CFDs on indices, crude oil, and more. Fullerton Markets Limited, trading under the Fullerton Markets brand, is a Registered Financial Services Provider under New Zealand’s Financial Markets Conduct Act 2013, which means it is regulated by the Financial Markets Authority (FMA).

Founded in 2015 in New Zealand, Fullerton Markets has become a well-respected broker with headquarters in Kingstown, St Vincent, and the Grenadines. The company prides itself on offering its clients a fast, reliable, and secure trading experience, with various tools and resources designed to help traders make informed decisions.

However, it’s important to note that Fullerton Markets Limited, trading under the Fullerton Markets brand, was regulated by the Financial Markets Authority (FMA) until 2018 when the Broker transferred all business from its New Zealand entity Fullerton Markets Limited (FML) to a newly established offshore company called Fullerton Markets International Limited (FMIL).

The new entity is registered in Saint Vincent and the Grenadines. While this change has caused some concern among traders, Fullerton Markets has assured its clients that the move was made to enhance the company’s global reach and to better serve its growing client base. If you’re considering opening an account with Fullerton Markets, you’ll want to know more about the company and its offer. This Fullerton Markets review will share everything you need about the Broker platform.

Supported Countries

Fullerton Markets accepts clients from a wide range of countries, including Australia, Thailand, Canada, the United States, South Africa, India, France, Germany, Norway, Sweden, Italy, Denmark, the United Arab Emirates, Saudi Arabia, Kuwait, Luxembourg, Qatar, Malaysia, Thailand, and Indonesia, and many other nations around the world.

However, the platform does not accept clients from certain countries, such as Iran, Cuba, Sudan, Syria, and North Korea.

Customer Service Rating

Fullerton Markets prides itself on providing excellent customer service, with a dedicated team available 24/5 to assist traders with any questions or issues. This Broker has rated 3.6 stars out of a possible 5.0 on Trustpilot, based on over 13 reviews. Most reviews praise the company’s excellent customer service, with many customers highlighting the responsiveness and helpfulness of the support team.

Traders also appreciate the company’s ease of account opening, speed of service, and support staff. Some negative reviews touch on complications during withdrawal.

Fullerton Markets Trading Platforms

When choosing a trading platform, Fullerton Markets offers clients two options: MetaTrader 4 and MetaTrader 5. Both platforms are well-regarded in the trading community, but they have their differences, so it’s essential to understand what each one offers before making a choice.

• MetaTrader 4, or MT4: This is the more popular of the two platforms and for a good reason. MT4 is suitable for traders of all levels, from beginners to experienced traders, and is known for its stability and reliability. It is easy to use, has a user-friendly interface, and has many features, including one-click trading and advanced charting capabilities. One of the significant advantages of MT4 is its customizability. Clients can take advantage of over 50 customizable indicators and graphical objects for technical analysis, which can be useful in identifying trends and making informed trading decisions. The platform also offers nine time frames, allowing detailed price analysis from one minute to one month. Automated trading is supported by Expert Advisors (EAs), which can be back-tested using historical data, making it an excellent choice for those who prefer algorithmic trading. MT4 can only be downloaded once you have registered for an account and signed in to the client terminal (Fullerton Suite).
• MetaTrader 5, or MT5: This is the latest platform from MetaTrader and offers more advanced trading tools. While MT5 offers everything MT4 does, it offers additional trading functionalities and advantages unavailable on the MT4 platform. Some of the benefits of MT5 include 21 timeframes, six pending order types, an integrated economic calendar, and a choice of color schemes. The platform provides traders with more flexibility in their trading activities, making it an excellent choice for traders who want more control over their trades. Additionally, clients can trade the full range of Fullerton Markets instruments on MetaTrader 5. Users also benefit from sophisticated automated trading bots and copy trading functionality. The MT5 platform can be downloaded from the Broker’s website, while the mobile app can be downloaded from the respective app store.

Trading Denominations on Fullerton Markets

Fullerton Markets allows traders to trade in various denominations, including USD, EUR, and SGD. These denominations allow traders to choose the currency that best suits their needs and trading strategy.

COMPANY STRUCTURE

Fullerton Markets is a global forex broker headquartered in Saint Vincent and the Grenadines. The company was founded in 2015 by CEO Mario Singh, who has over 17 years of experience in the financial markets. Fullerton Markets has since expanded its operations to other regions, including Asia and the Pacific.

The Broker operates as a Straight-Through Processing (STP) broker, meaning client orders are executed directly in the market without any intervention from the Broker. This ensures that trades are executed quickly and transparently and that clients receive the best prices. Regarding company structure, Fullerton Markets has a team of experienced professionals with finance, technology, and customer service backgrounds.

The company has been recognized by various international business magazines and review organizations, which further cements its position as a leading broker in the market. Fullerton Markets received the Most Innovative Loyalty Program Global 2022 from the International Business Magazine. Fullerton Markets has also been awarded the Best Multi-Asset Broker Global 2022 by World Business Outlook, further emphasizing the company’s excellence in providing its clients with a broad range of trading instruments.

In addition, Fullerton Markets was awarded the Best Forex Broker Asia Pacific 2021 by the International Business Magazine. Also, Fullerton Markets’ triple-level protection plan was recognized with the Best Fund Safety Global award in 2021 by the Global Business Review Magazine. 

Fullerton Markets Licenses and Regulatory Compliance

Fullerton Markets is committed to regulatory compliance and holds licenses from reputable regulatory bodies in different regions. The Broker operates as Fullerton Markets Limited, trading under the Fullerton Markets brand, and is a Registered Financial Services Provider under New Zealand’s Financial Markets Conduct Act 2013.

Fullerton Markets is subject to strict regulatory requirements and standards as a regulated broker. The Broker is overseen by the Financial Markets Authority (FMA) of New Zealand, a respected regulatory body that oversees financial services providers in the region. The FMA ensures that Fullerton Markets complies with applicable laws and regulations and that the Broker maintains adequate financial resources and risk management systems.

Fullerton Markets Customer Protection

Fullerton Markets is registered under Law 149 in Saint Vincent of the Grenadines, and its registration number is 24426 IBC 2017. The company is also FSA (Financial Services Authority) compliant, which means it adheres to strict financial regulations and standards.

Fullerton Markets provides its clients with an added layer of protection by offering insurance in case of losses due to inappropriate advice from the Broker’s employees or fraud. The Broker uses segregated accounts to store clients’ funds. This means that clients’ funds are kept in separate accounts that the Broker cannot access or use for personal purposes.

Fullerton Markets takes the security of its clients’ data seriously, and that’s why it follows standard security protocols to keep data exchanged between servers safe. Secure Sockets Layer (SSL) encryption protects data transfers between the client and the server. Additionally, clients can enable two-factor authentication upon login, adding another layer of security.

The Broker’s website also assures traders that all client funds are protected through Fullerton Custodian, Professional Indemnity, and Crime Insurance. This means that clients’ funds will be kept safe even in the unlikely event of the Broker going bankrupt.

TRADING INFORMATION

Fullerton Markets Leverage

Fullerton Markets offers different leverage options for each asset class it provides. For forex trading, clients can choose to leverage up to 1:500, which enables them to potentially amplify their profits through a smaller investment. 

On the other hand, Fullerton Markets offers leverage up to 1:100 for Gold and Silver, 1:100 for indices, and 1:2 for crypto. 

Deposits and Withdrawals

Fullerton Markets offers various deposit and withdrawal methods for traders around the world. They have the options of Credit Cards, Bank Transfers, Cryptocurrencies, or Digital wallets.

Deposits 

Withdrawals

Fullerton Markets Education and Training

Fullerton Markets provides its clients with a wealth of educational resources and training tools to help them improve their trading skills. Clients can access comprehensive financial information, and analysis brought to them by Fullerton’s award-winning Research & Education team.

Among the resources offered are the blog and video library. The blog provides weekly market research to help traders stay up-to-date with the latest market updates. Additionally, traders can read blog posts to master the key concepts of successful trading.

The video library is a comprehensive collection of videos covering various topics, including Forex, MetaTrader 4, MetaTrader 5, indicators, and key trading concepts. These resources are designed to help traders make informed trading decisions and to stay up-to-date with the latest market trends.

CONCLUSION

Fullerton Markets is a well-known online Forex broker offering various trading instruments, competitive spreads, and various trading platforms, including the popular MT4 and MT5. Its strong customer protection measures make it a reliable choice for traders seeking a safe and secure trading environment.

Fullerton Markets also provides educational resources and excellent customer service to support traders’ trading journey. Overall, Fullerton Markets is a suitable option for novice and experienced traders looking for a reliable and efficient online trading platform.