Fullerton Markets, known primarily for its forex and CFD broker services, has entered the payments space by introducing a prepaid card for VIP clients.
The card can be used for payments of goods and services in stores, online and for ATM withdrawals, just like standard credit/debit cards. It can also be linked to a trading account so that investors can pay with their profits. But, being a prepaid card, it will need to be topped up with funds in advance.
Fullerton Markets have confirmed that the prepaid Mastercard will support contactless payments, using a digital card (supported by Google and Apple Pay, among others) or using a physical card, delivered in the post.
The new feature represents the company’s strategy to be at the forefront of innovation in financial services. It is among the first brokers to offer this type of service, which complements its already extensive set of withdrawal options, including cryptocurrencies, digital wallets and local bank transfers.
About Fullerton Markets
Fullerton Markets is an international broker based in St Vincent the Grenadines. The firm prides itself on three values pillars: safety of funds, speed of execution and a system of wealth creation. It offers trading of forex and CFDs on commodities and indices, all available on the MetaTrader 4 and MetaTrader 5 platforms. It also provides a proprietary service on a mobile app named PipProfit. While PipProfit cannot be used for trading, it’s great for market news and analysis, as well as trading data and economic insights.
The broker also offers social and copy trading functionality in the form of CopyPip. It allows clients to view the performance of other traders and copy their positions.
Fullerton markets has won a multitude of awards over its 5-year history, including Best STP Broker by World Finance in 2018, and ranked among the top 30 companies to watch in Asia in the Silicon Review in 2020.
Fullerton Markets is an offshore broker, and is therefore not regulated by any of the core reputable authorities. This means it is restricted in which jurisdictions it can offer services in. Traders from the UK, Hong Kong, Singapore and Japan are not permitted, among others.
Check out our full review of Fullerton Markets below to find out more.