This broker has also been regulated by The Financial Commission 22.08.2022.
Extensive Review
Fullerton Markets is a broker for online trading catering their services to traders worldwide. Established in 2015, CEO Mario Singh stated that the company's vision is to be a disruptive force in three areas of the trading industry: the safety of funds, speed of execution, and system of wealth creation. The "3S" principle was later realized by enforcing several features like segregated bank accounts, partnership with tier-one banks and Equinix, as well as analytical contents and partnership programs.
Fullerton Markets obtained Certificates of Registration by the New Zealand Intellectual Property Office, but the company was incorporated under the International Business Companies (IBC) of the revised laws of St. Vincent and the Grenadines. Thus, it can be safely concluded that Fullerton Markets is an offshore registered broker despite its initial founding in New Zealand territory.
Speaking of trading instruments, Fullerton Markets has provided traders with a variety of assets in Forex, Metals, Indices, and Crude Oil markets. Trading conditions for each instrument are described thoroughly in their dedicated pages at Fullerton Market's official website. This is important as it indicates the broker's transparency to provide the clearest information possible for prospective clients.
The only downside found in Fullerton Market's specs is their lack of ability to follow the latest trends to present alternative platforms; it still offers MetaTrader 4 as the sole trading platform for traders. Nonetheless, Fullerton Markets is quite lucrative in offering other ways for online trading. The company is, in fact, infamous for its proprietary copy trading system labeled as CopyPip. Besides, Fullerton Markets also provided an optional mirror trading through financial technology provider Tradency.
Leverage is set at 1:500 as the highest, while minimum trade volume can go as low as 0.01 lot. Trading in Fullerton Markets is also equipped with the ability to choose 4 base currency options (USD, EUR, NZD, & SGD) for their trading account.
As for fundings and withdrawals, Fullerton Markets opts to arrange them via various payment methods. From bank transfers to digital wallets, traders are free to choose their most preferred methods. Even better, this broker has accepted payments via Bitcoin, as well as local transfer in 6 different jurisdictions (Thailand, Malaysia, China, Indonesia, Vietnam, and the Philippines), signifying its commitment to expand further toward the Asian region.
To sum up, Fullerton Markets is a forex and CFD broker with a friendly trading environment for retail traders with high interest in low spreads. Furthermore, traders residing in South East Asian countries can process their deposits and withdrawals easier by this broker's special connection to enable Local Transfer in the region. Still, considering their offshore-based status, it is safer to learn how to manage the high-risk of trading in such broker prior to opening a live account in Fullerton Markets.