December 03, 2021

 

Updated information about Fullerton Markets Broker

Operated by Fullerton Markets International Limited (FMIL)

Established in 2015

Regulation: Saint Vincent & the Grenadines

Trading instruments: currency pairs and CFDs on indices, crude oil and indices

STP Straight Through Processing: yes 

USA Traders: accepted

Traders from Iran, Cuba, Sudan, Syria and North Korea are not accepted.

Fullerton Markets Review : Trading Conditions

 What are the different options available for deposit currency?
We have 3 deposit currencies for clients to choose.
1. USD – US Dollar
2. EUR – Euro
3. SGD – Singapore Dollar

Minimum trade size: 0.01

What are the spreads offered?

Fullerton Markets offers 2 different spread options: Variable and ECN.

Variable spreads start from 0.5 pips on majors

What is an ECN Spread?

ECN spread is the raw spread usually accessible to banks and institutions only. It is the tightest spread and we offer it to all our clients. A commission of USD10 (or its equivalent) per lot traded is chargeable.

ECN CFDs commissions are charged at USD10 per USD100,000 contract value traded.

Leverage up to 1:500

Leverage Options Balance (USD or its equivalent)
1:10 - 1:100 Above USD25,000
1:10 - 1:200 Up to USD25,000
1:10 - 1:300 Up to USD10,000
1:10 - 1:400 Up to USD5,000
1:10 - 1:500 Up to USD2,000

Swap free Islamic accounts: available 

Fullerton Markets Review : Payment Options

Minimum deposit requirement: $200 which is quite high compared to, for example, XM, Liteforex and Instaforex brokers with $1 minimum deposit requirement. 

Payment methods: Wire Transfer, Credit Card or Digital Wallets such as Skrill and Neteller

What are the fees required for funding my account?

For funding via Wire Transfer, Fullerton Markets covers all bank processing charges. Therefore, please ensure you indicate on the Wire Transfer form that all fees are borne by Beneficiary in order to enjoy this benefit.

For funding via Credit Card, if you choose an account with a different currency from your MT4 denominated currency, your credit card will be debited with the applicable exchange rates by the Issuing Bank of the credit card. Fullerton Markets covers all credit card processing fees. However, additional fees by the Issuing Bank of the credit card may apply (as a result, you may notice discrepancies between the sum of deposit and the sum charged on your credit card). You must accept these slight variations that can occur and will not charge this back to Fullerton Markets.

For funding via Digital Wallet, Fullerton Markets covers the processing fees from Digital Wallets to Fullerton Markets. However, fees may be imposed by Digital Wallets when you fund your Digital Wallet account.  

For withdrawals via Neteller & Skrill, there will be a 2% Administrative Fee charged upon withdrawal for clients from Bangladesh, France, Germany, India, Indonesia, Mexico, Nigeria, Pakistan, South Korea, Thailand, Venezuela, Vietnam and Zimbabwe.

Fullerton Markets Review : Trading Platform

Platform: MetaTrader 4, desktop and mobile versions

You may access the MT4 videos via Fullerton Suite upon registration. MT4 platform supports the use of Expert Advisors (EAs). Search for MetaTrader4 in the Android Market or the iPhone’s App Store to install the platform. You may download the MT4 trading platform for Windows/Mac via Fullerton Suite upon registration.

Copy trading: available

What is the cost of using the copy trading (Mirror Trader/ RoboX) platform?

The fees are as follows:

Forex
1 pip per lot per round turn (open and close).

Metals
USD10 per lot per round turn (Gold)
USD50 per lot per round turn (Silver)

CFDs
USD10 per USD100,000 contract volume traded. 

Are the strategies/systems based on scalping or swing trades?

The strategies/systems include scalping, swing trades and others as well. There is a variety of strategies/systems available. 

Are we allowed to copy trade using demo account?

In order to protect the interest of signal providers of Tradency, no copy trading is allowed using demo accounts. However, you will be able to view the past performance of the strategies/systems.

Promotions and Educational Material

CEO Challenge 2021

It's time to get down to business as Fullerton Markets' CEO Challenge is back! Showcase your best business skills, and stand among the victors in the arena of highly competitive partners, and win an all-expenses-paid trip to Maldives!

Challenge period: 1 February – 31 July 2021

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How was the rating of Fullerton Markets performed compared to other brokers? 

This 2021 Forex Broker Review  has been conducted though thorough research and assessment of rating and ranking among almost 300 international forex brokers. The final grade is given based on Fullerton Markets FX broker performance and features. 

Overall our online Fullerton Markets review was conducted with the details obtained from the demo trading and the forex brokers website. If you would like to add details to this online Fullerton Markets or you find inaccurate details Fullerton Markets broker review please get in touch with us and the changes will be applied.