Fullerton Markets forex broker that aims to offer a world-class trading experience to its clients. The company is known for its innovative and cutting-edge trading platform, extensive educational resources, and excellent customer service. In this Fullerton Markets broker review, we’ll dive into the company’s features and offerings to help you decide if it’s the right broker for you.
Overview of Fullerton Markets Forex Broker
Company Background
Fullerton Markets is a rapidly growing forex broker that was founded in 2015.
The company is headquartered in New Zealand and has a global presence with clients from over 140 countries.
Fullerton Markets’ mission is to provide exceptional trading experiences to its clients through innovative technologies, premium trading tools, and unparalleled customer support.
The company prides itself on being client-centric and is committed to continuously improving its services to meet the evolving needs of its clients.
Licenses and Regulations
Fullerton Markets is a licensed and regulated forex broker, authorized by the Financial Markets Authority (FMA) in New Zealand.
The company also holds a license from the Labuan Financial Services Authority (LFSA) in Malaysia, which enables it to operate in other Asian countries.
Fullerton Markets adheres to strict regulatory requirements and complies with international financial standards to ensure the safety of its clients’ funds.
Awards and Recognitions
Fullerton Markets has received several awards and recognitions for its outstanding services and achievements in the forex industry.
In 2021, Fullerton Markets won the award for Best Forex Broker in Asia at the Global Banking and Finance Awards.
The company has also been recognized for its innovative technology solutions, receiving the award for Best Trading Platform at the Forex Awards in 2019 and 2020.
Fullerton Markets’ commitment to excellence and client satisfaction has earned it a loyal following among traders worldwide.
Advantages and Disadvantages
Account types and features
Fullerton Markets offers four different account types: Standard, Pro, Infinity, and VIP, each designed to cater to the unique needs of different traders.
The Standard account requires a minimum deposit of $200. And offers low spreads starting from 1.0 pip, with no commission charged.
The Pro account requires a minimum deposit of $5,000. And offers even lower spreads starting from 0.5 pips, with a small commission of $3.50 per lot traded.
The Infinity account requires a minimum deposit of $10,000. And offers institutional-grade spreads starting from 0.0 pips, with a commission of $3 per lot traded.
The VIP account is an exclusive account type that is available by invitation only and offers customized trading conditions tailored to individual traders’ needs and preferences.
All account types offer access to the popular MetaTrader 4 (MT4) platform, a wide range of trading instruments, and excellent customer support.
Traders can also open a demo account. Which is a risk-free way to practice trading using virtual funds without risking their capital.
Fullerton Markets’ account types provide flexibility and choice to traders. Enabling them to select an account type that suits their trading style, experience level, and budget.
Deposits and withdrawals
Fullerton Markets offers a variety of deposit options, including bank wire transfer, credit/debit cards, and online payment methods such as Neteller, Skrill, and FasaPay.
Deposits are generally processed instantly, and there are no deposit fees charged by the broker.
Fullerton Markets also offers a secure and user-friendly client portal where traders can manage their deposits and withdrawals.
Fullerton Markets processes withdrawals via the same payment method used to make the deposit.
The broker aims to process withdrawal requests within 24 hours, but it may take longer depending on the payment method chosen and the trader’s location.
Withdrawals are generally free of charge, but some payment providers may impose fees. Which will be passed on to the trader.
Fullerton Markets may require additional documentation to verify the trader’s identity before processing a withdrawal request.
Traders can also withdraw funds via bank wire transfer. But this may incur additional fees and take longer to process than other payment methods.
Trading platforms
Fullerton Markets offers the popular MetaTrader 4 (MT4) platform. Which is widely regarded as one of the most user-friendly and comprehensive trading platforms in the industry.
MT4 is available for desktop, web, and mobile devices, allowing traders to access the platform from anywhere, at any time.
The MT4 platform offers a wide range of technical analysis tools. Including customizable charts, indicators, and expert advisors, making it ideal for both beginner and advanced traders.
Fullerton Markets also offers a proprietary mobile trading platform called PipProfit!. Which is for traders who prefer to trade on-the-go using their mobile devices.
PipProfit! allows traders to access real-time prices, execute trades, manage their accounts, and access market news and analysis on-the-go, making it a convenient option for busy traders.
Both the MT4 platform and PipProfit! platform are available to Fullerton Markets’ clients for free, with no additional fees or charges.
Trading conditions
Fullerton Markets offers competitive trading conditions, including low spreads, fast execution speeds, and no re-quotes or slippage.
The broker offers a wide range of trading instruments, including forex, commodities, indices, and cryptocurrencies, providing traders with ample opportunities to diversify their portfolios.
Fullerton Markets’ spreads start from as low as 0.0 pips on its institutional-grade Infinity account, making it an attractive option for traders who are looking for tight spreads and low trading costs.
The broker offers leverage of up to 1:500, which enables traders to magnify their profits but also increases their risk exposure.
Fullerton Markets allows all trading strategies, including scalping and hedging, providing traders with the freedom to implement their preferred trading style.
Conclusion
Overall, Fullerton Markets is an excellent forex broker that offers a range of features and offerings to help traders succeed. With a solid reputation for security, customer service, and educational resources, Fullerton Markets is a great choice for traders of all levels. If you’re looking for a reliable and client-focused broker, Fullerton Markets is definitely worth considering.
