Fullerton Markets Review 2024


2.5 / 5
Fullerton Markets is #13 in our CFD broker rankings.

Fullerton Markets is an online broker offering a suite of tools and deposit bonuses.

$100
MT4, MT5
Forex, indices, metals, energies
10% credit bonus
Neteller, Skrill, Visa, Bitcoin Payments
Forex Trading

Speculate on the most traded forex pairs.

Stock Trading

Trade on eight stock indices, including the FTSE.

CFD Trading

Trade a range of CFDs with 1:500 leverage.

Awards

  • 30 Best Companies to Watch in Asia 2020 - The Silicon Review
  • Best Fund Safety 2019 - World Finance
  • Best FX Broker, Asia 2019 - World Finance
  • Most Innovative Trade Execution Asia 2018 - Global Banking Magazine
  • Best STP Broker 2018 - World Finance
  • Best Research and Education Asia Pacific 2018 - International Business Magazine
  • Best New ECN Broker Asia Pacific 2017 - Global Banking & Finance Review Awards
  • Best New Trade Execution Asia Pacific 2017 - Global Banking & Finance Review Awards

Fullerton Markets is an international forex broker offering a suite of trading services, including an MT4 download and its proprietary PipProfit! app. This review covers everything you need, from spreads to regulation. Find out if you should log in and trade with Fullerton Markets.

Fullerton Markets

Formerly established in New Zealand in 2016, Fullerton Markets International Limited is an offshore brokerage now based in Saint Vincent and the Grenadines. The company is led by Singapore-based CEO, Mario Singh.

Fullerton Markets operates through three main principles: the safety of funds, speed of execution, and a system of wealth creation. The company has won several awards since 2017 and has secured some high profile sponsorship deals, including with the New Zealand Hurricanes rugby team.

Trading Platforms

MetaTrader 4

Fullerton Markets offers the widely favoured MT4 platform for clients of all experience levels. The platform is known for its user-friendly interface and comes with a range of features, including one-click trading and advanced charting capabilities.

Clients can take advantage of over 50 customisable indicators and graphical objects for technical analysis. The nine time-frames also allow for detailed price analysis, spanning from one minute to one month. Automated trading is supported by the use of Expert Advisors (EAs), which can be back-tested using historical data.

Fullerton Markets MT4 platform
Fullerton Markets MT4 platform

MT4 can only be downloaded once you have registered for an account and signed in to the client terminal (Fullerton Suite).

MetaTrader 5

Users also have access to the powerful MT5 platform. A step up from the MT4 terminal, the latest platform from MetaTrader offers more advanced trading tools. 21 timeframes are available, along with six pending order types, an integrated economic calendar and a choice of colour schemes.

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.

Fullerton Markets MT5 trading
Fullerton Markets MetaTrader 5 platform

The MT5 platform can be downloaded from the broker’s website while the mobile app can be downloaded from the respective app store.

Assets

Fullerton Markets offers a limited number of tradable prodcuts across:

This review was a little disappointed by the limited product list available. Traders looking for greater market coverage should look elsewhere.

Spreads & Commission

There are two types of spreads available at Fullerton Markets: variable spreads and ECN spreads. Variable spreads on major currency pairs such as EUR/USD start from around 0.3 pips. Unfortunately, the broker’s presentation of contract specifications needs some improvement, especially given that they do not disclose spreads for any other assets.

There is no commission charged on variable spreads but there is a flat fee of $10 per lot for forex instruments with ECN spreads.

Leverage

Leverage depends on the size of your account balance at Fullerton Markets, reaching a maximum of 1:500:

Details of margin calculations can be found on the broker’s website.

Mobile Apps

Fullerton Markets offers its proprietary mobile platform, PipProfit!, which is not for trading purposes but provides regular market news, event information, and trading data. Users can also access educational resources including market analysis and economic insights, as well as manage deposits and withdrawals within the client terminal.

Fullerton Markets mobile app
Fullerton Markets mobile app

The app is compatible with iOS and Android smart devices.

Payment Methods

Deposits

There are several funding options available that generally require a minimum deposit of $100 (or currency equivalent). Deposit currencies are USD, EUR, and SGD.

Available methods include:

Processing times are around 2 – 5 working days for bank wire and 1 working day for credit cards and e-wallets. All processing fees are fully covered by the broker.

Withdrawals

There is no minimum withdrawal amount for credit cards, Sticpay, and e-wallets. All other methods vary and can be found on the website. Most processing fees are fully covered by Fullerton Markets, except for withdrawals via bank wire, Singapore fast transfer, and local transfers in the Philippines, which may incur intermediary fees.

Fullerton Markets also provides a prepaid Mastercard to VIP clients. It can be used to purchase goods/services and withdraw cash from ATMs, just like a bank card. Clients can also withdraw their trading funds to the card and use it to pay with their profits.

Demo Account

Fullerton Markets offers a demo account on the MT4 platform, as well as the CopyPip platform. The default virtual balance on the MT4 demo is set at 10,000, however users can change the deposit amount within the platform. Note that the demo will expire after 30 days if there is no activity on the account.

Deals & Promotions

There are some bonus deals available, including a Stay At Home bonus for CopyPip account users, that awards a 10% credit bonus on deposits of $100 or more. There is also an Infinity bonus that awards 6 levels of deposit bonuses, though this is only available for a selected number of countries within Asia. See terms and conditions for details.

Regulation Status

Fullerton Markets International Ltd is registered and incorporated as an offshore entity in Saint Vincent and the Grenadines.

The broker is not regulated, however, it does emphasise fund safety with its triple-layered Fullerton Shield protection scheme. This includes segregated bank accounts, Independent Custodian Protection and Professional Indemnity and Crime Insurance. Full details of Fullerton Shield can be found in the FAQs.

Fullerton Markets also provides negative balance protection, which is available upon request from the Fullerton Suite.

Additional Features

Clients enjoy several additional features at Fullerton Markets, including the broker’s own social and copy trading platform, CopyPip, as well as the PipProfit! app, which is packed with educational resources. You can also access blogs and video tutorials from the website, plus an international holiday notice board.

A unique feature that’s not often seen with other brokers is Fullerton Markets’ charity work page, the Fullerton Foundation, which is updated with various community projects around Asia.

Account Types

There is only one live account on offer at Fullerton Markets, but clients can choose between variable spreads or ECN spreads. The minimum deposit is $100 and the minimum trade size is 0.01 lots. The standard account provides full access to the broker’s suite of trading tools, MT4 platform download, copy trading service, and additional market analysis features.

Islamic swap-free accounts are also available upon request.

Benefits

Reasons to open a Fullerton Markets account include:

Drawbacks

Downsides to trading with Fullerton Markets include:

Trading Hours

Forex markets open on Monday at 00:00 and close on Friday at 24:00 (GMT+3). Trading hours for metals and crude oil run from Monday to Friday, 01:00 to 24:00 GMT+3. Trading hours for indices vary and can be found on the broker’s website.

Customer Support

Support is available 24/5 via the online contact form or using the live chat service, which was fast and helpful when tested. Alternatively, there is an email address and telephone number available:

Fullerton Markets’ head office is located at First Floor, First St. Vincent Bank Ltd Building, James Street, P.O. Box 1574, Kingstown, VC0100, St. Vincent and the Grenadines.

Security

MT4 follows standard security protocols to keep data exchanged between servers safe, including Secure Sockets Layer (SSL) encryption. There is also the option to enable two-factor authentication upon login.

Fullerton Markets Verdict

Fullerton Markets offers an excellent MT4 platform download plus valuable additional features, including the PipProfit! app and CopyPip service. However, it would be nice to see a more diverse range of tradable products and more transparency around spreads and trading fees. Also, due to the lack of regulatory oversight, there are alternative brokers that we’d recommend first.

Top 3 Alternatives to Fullerton Markets

Compare Fullerton Markets with the top 3 similar brokers that accept traders from your location.

  1. IG – Founded in 1974, IG is part of IG Group Holdings Plc, a publicly traded (LSE: IGG) brokerage. The brand-US offers spread betting, CFD and forex trading across an almost unrivalled selection of 17,000+ markets, with a range of user-friendly platforms and investing apps. For 50 years, IG has maintained its position as an industry leader, excelling in all key areas for traders.
    Go to IG
  2. World Forex – World Forex is an offshore broker registered in St Vincent and the Grenadines, offering commission-free trading with a $1 minimum deposit and 1:1000 leverage. Digital contracts are also available, offering beginners a straightforward way to speculate on popular financial markets.
    Go to World Forex
  3. Interactive Brokers – Interactive Brokers (IBKR) is a premier brokerage for experienced traders, providing access to 150 markets in 33 countries, along with a suite of comprehensive investment services. With over 40 years of experience, this Nasdaq-listed firm adheres to stringent regulations by the SEC, FCA, CIRO, and SFC, amongst others, and is one of the most trusted brokers for trading around the globe.
    Go to Interactive Brokers

Fullerton Markets Comparison Table

Compare Fullerton Markets With Similar Brokers
Fullerton Markets IG World Forex Interactive Brokers
Rating 2.5 4.4 4 4.3
Markets Forex, indices, metals, energies CFDs, Forex, Stocks, Indices, Commodities, ETFs, Futures, Options, Crypto, Spread Betting Forex, CFD Stocks, Metals, Energies, Cryptos, Digital Contracts Stocks, Options, Futures, Forex, Funds, Bonds, ETFs, Mutual Funds, CFDs, Cryptocurrencies
Demo Account Yes Yes Yes Yes
Minimum Deposit $100 $0 $1 $0
Minimum Trade 0.01 Lots 0.01 Lots 0.01 Lots $100
Regulators FCA, ASIC, NFA, CFTC, DFSA, BaFin, MAS, FSCA SVGFSA FCA, SEC, FINRA, CBI, CIRO, SFC, MAS, MNB
Bonus 10% credit bonus 100% Deposit Bonus
Education No Yes No Yes
Platforms MT4, MT5 Web, ProRealTime, L2 Dealer, MT4, AutoChartist, TradingCentral MT4, MT5 Trader Workstation (TWS), Desktop, GlobalTrader, Mobile, Client Portal, AlgoTrader, OmniTrader, eSignal, TradingCentral
Leverage 1:500 1:30 (Retail), 1:250 (Pro) 1:1000 1:50
Payment Methods 4 6 10 6
Visit Visit Visit Visit Visit
Review IG
Review
World Forex
Review
Interactive Brokers
Review

Compare Trading Instruments

Compare the markets and instruments offered by Fullerton Markets and its competitors. Please note, some markets may only be available via CFDs or other derivatives.

Compare Fullerton Markets Trading Instruments
Fullerton Markets IG World Forex Interactive Brokers
CFD Yes Yes Yes Yes
Forex Yes Yes Yes Yes
Stocks Yes Yes Yes Yes
Commodities Yes Yes Yes Yes
Oil No Yes Yes No
Gold Yes Yes Yes Yes
Copper No Yes No No
Silver Yes Yes Yes No
Corn No No No No
Crypto No Yes Yes Yes
Futures No Yes No Yes
Options No Yes No Yes
ETFs No Yes No Yes
Bonds No Yes No Yes
Warrants No Yes No Yes
Spreadbetting No Yes No No
Volatility Index No Yes No No

Fullerton Markets vs Other Brokers

Compare Fullerton Markets with any other broker by selecting the other broker below.

 

Customer Reviews

There are no customer reviews of Fullerton Markets yet, will you be the first to help fellow traders decide if they should trade with Fullerton Markets or not?

Submit Your Own Review of Fullerton Markets

If you have experience trading with Fullerton Markets please share your personal review of the broker and what you think are strong and weak points. Thank you.

Visit
Fullerton Markets is an online broker offering a suite of tools and deposit bonuses.

FAQ

How do I download MT4 at Fullerton Markets?

MT4 can be downloaded once you have registered for an account and signed in to the Fullerton Suite.

What account types are offered at Fullerton Markets?

Fullerton Markets offers one account type with a choice of variable spreads or ECN spreads within the MT4 platform. The standard account comes with access to the full suite of trading tools and features.

What leverage is offered at Fullerton Markets?

Leverage limits vary depending on account balance but go up to a maximum of 1:500 for accounts with less than $2,000.

Is Fullerton Markets regulated?

Fullerton Markets is not currently regulated and operates as an offshore financial services entity. As such, prospective clients will be offered limited legal recourse should they encounter withdrawal problems.

How much capital do I need to trade with Fullerton Markets?

The minimum initial deposit required is $100. This makes Fullerton Markets an accessible broker for new traders.