Fullerton Markets Review – The Broker Is Not Highly Trusted
Fullerton Markets Review – The Broker Is Not Highly Trusted

Fullerton Markets broker is registered primarily in St. Vincent and Grenadines. Which already raises a red flag. However, this entity belongs to the Fullerton Markets Group. Which includes as well entity registered in the British Virgin Islands.

To get a better picture of this business and understand its legitimacy, read this Fullerton Markets review carefully.

Broker status: Unregulated Broker
Regulated by: Unlicensed Scam Brokerage
Scammers Websites: Fullertonmarkets.com
Blacklisted as a Scam by: N/A
Owned by: Fullerton Markets International Limited
Headquarters Country: St. Vincent and Grenadines
Foundation year: 2017
Supported Platforms: MT4/MT5
Minimum Deposit: $100
Cryptocurrencies: Yes – BCH, ETH, XRM
Types of Assets: Forex, Commodities, Indices, Shares, Cryptocurrencies
Maximum Leverage: 1:500
Free Demo Account: Yes
Accepts US clients: Yes

Fullerton Markets Is A Fraud Forex Broker?

If the broker wanted to do anything according to regulations they wouldn’t register in St.Vincent and Grenadines. As an offshore broker, we don’t believe in their legitimacy. Firstly, because they are not regulated there. But also because they don’t have any other Tier 1 regulation.

For instance, Financial Conduct Authority (FCA), BaFin or ASIC. Those are just some of the most trusted Tier 1 regulators. But they never issued authorization for the Fullerton Markets. Additionally, they don’t provide any security to their client’s funds. After all, they offer many things not according to any regulation.

An unlicensed offshore broker with many negative reviews. Fullerton Markets is operating from St. Vincent and Grenadines. Extremely high leverage. A member of the Financial Commission. Many traders reported withdrawal issues.

Fullerton Markets – Platform Comparison

Fullerton Markets – Platform Comparison

Even though this company has a very tempting software offer, that doesn’t change our opinion. As a non-regulated broker, they can offer anything they want. If they will meet what they offer is to be discovered. But they deserve credit for software availability. Traders can use both Meta Trader versions – MT4 and MT5.

All advanced features of these platforms are available here. Whether you are looking for social trading, advanced EAs or anything else. Even more importantly, you can use this software on any mobile device. They are available on the designated App Store and PlayStore, respectively.

What Financial Instruments Does The Platform Include?

Wide instruments range is always appreciated. However, with this unregulated broker that doesn’t play any role.

Whether they provide 10.000 assets or 200 assets, the outcome is the same. Nevertheless, you can choose from:

  • Forex                        USD/GBP, AUD/NZD, EUR/HKD
  • Commodities             gold, Brent crude oil, natural gas
  • Indices                      DAX 30, Dow Jones, S&P 500
  • Shares                      American Airlines, Deutsche Bank, General Motors
  • Cryptocurrencies       BTC, ADA, LTC

Fullerton Markets Countries Of Service

As we can see, Fullerton Markets reviews are not encouraging. Many traders already complained about their illicit activities.

Primarily regarding withdrawal procedures. Whereas many of those ended up without their money. Fullerton Markets trading company is mainly targeting traders from:

  • United States
  • Malaysia
  • Vietnam
  • Canada

Account Options Offered by Fullerton Markets

Fullerton Markets broker has another mystery in the sleeves. Their account types. If you look at their website you won’t find any standard offer. Generally speaking, account types are designed to motivate traders to take a step to the next level.

However, this company doesn’t have such a classification. To get live account access, you must register first and wait for their verification approval. This is a standard way to check if you are eligible and valuable for them. They will start at $100 as the minimum deposit. Everything after that is a product of your broker’s imagination.

Can a Trader Use a Demo Account?

Anonymous brokers like Fullerton Markets are not favorites among traders. That’s why a demo account plays a key role. Traders can check your platform, trading conditions and many more.

Even though this broker has this option, it’s not recommended. Simply because you leave your personal information to a swindler. Rather find a Tier 1 licensed broker where your funds will be protected.

Terms of Service for Fullerton Markets

As a matter of fact, this broker claims to be a part of The Financial Commission. This allows traders to get up to 20.000 EUR in compensation funds. But if the broker will do that as the primary option or try something else, we can’t confirm. But as we can see from Fullerton Markets reviews, traders mostly don’t get their money back.

As for funding methods, traders can choose:

  • Bank cards
  • Wire transfers
  • e-Payments
  • Cryptocurrencies

Allegedly total withdrawal processing time takes up to 5 days. But it’s important to comment that this broker allows deposit bonuses. But many worldwide regulators are banning bonuses.

Leverage, Spreads and Fees

With a leverage of up to 1:500, you can easily get into debt. Primarily because this broker lacks a negative balance protection feature. Another mysterious crucial trading factor is spread. But this broker doesn’t reveal any information except for a range of spreads. You can get floating, fixed or ECN spread. But it’s unknown what are some references. Which is quite shady, but understandable for an offshore broker.

The only account getting a commission is ECN with $10 per lot. Besides, you don’t have any hidden fees. The broker is even covering the withdrawal fees. As per their statement. Yet, they are a non-regulated broker and all this is questionable.

Fullerton Markets Promotions

Fullerton Markets broker has multiple promotional offers. From competitions and challenges to bonuses. All those end up in the same manner.

Traders get a bonus as their reward. But those bonuses come with fairly shady policies.  The broker states in the T&Cs that you can’t make a withdrawal until you meet certain terms and conditions. Yet, they don’t reveal which terms.

What to do if I had a problem with Fullerton Markets Broker? – We Want To Hear Your Story

This company doesn’t have any regulator, therefore no controlling body. The best solution is to start recovering funds with expert assistance. But first, let us hear what is your experience with this broker. It’s not a shame to get scammed.

But still, you must spread the word about it. This way you can prevent other traders from getting into the same. As for your problem directly, you can start a chargeback procedure with our fund recovery team.

What Is the Chargeback Procedure?

With debit/credit card transactions you can file a chargeback. But only within the first 540 days. Of course with proof of illicit activity.

However, some other methods require more detailed procedures. For example, to trace crypto transactions you must use CipherTrace. Luckily our team has access to it. So, don’t waste time and book your consultation with our fund recovery experts today!

What Are Fullerton Markets?

 This is an offshore forex company operating from St.Vincent and Grenadines without a license.

Is Fullerton Markets a legit Broker?

They are not regulated by any institution. Membership with Financial Commission doesn’t provide legitimacy.

Is Fullerton Markets Available in the United States or the UK?

This broker offers services to US citizens, but not ones from the UK.

Does Fullerton Markets Offer a Demo Account?

Yes, they claim so. But you must complete a full registration and pass the verification procedure.

Unfortunately, many users start reading reviews only after falling victim to scams. We sincerely hope that you are not one of them!
However, if you're here because you suspect that your investment isn't in a safe place, know that you have the right to claim funds back!

Report a Fraud Case & Claim a Refund from Scammers

Comment link copied