Fullerton Markets Review

Overall, Fullerton Markets can be summarized as a trustworthy broker that provides one Standard account with a minimum deposit amount is $100 USD / R1600 ZAR, leverages up to 1:500 and ECN-spread, floating & fixed.

Fullerton Markets at a Glance

Overall Rating

• 3.9/5

Read Review

OPEN AN ACCOUNT

Min Deposit

USD 100

Regulators

Not Regulated

Trading Platform

MT4

Crypto

No

Total Pairs

0

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

Fullerton Markets Review – 19 key points quick overview:

1. Fullerton Markets at a Glance
2. Fullerton Markets Overview
3. Fullerton Markets Safety and Security
4. Fullerton Markets Sign Up Bonus
5. Fullerton Markets Minimum Deposit
6. Fullerton Markets Demo Account
7. Fullerton Markets Leverage
8. Fullerton Markets Accounts
9. Fullerton Markets Market instruments
10. Fullerton Markets Fees, Spreads, and Commissions
11. Fullerton Markets Deposit and withdrawal
12. Fullerton Markets Trading platforms
13. Fullerton Markets Best Countries by Traders
14. Fullerton Markets vs Exness vs XM – a Comparison
15. Fullerton Markets Customer Review
16. Fullerton Markets Pro and cons
17. Fullerton Markets Conclusion
18. Fullerton Markets Disclaimer
19. Frequently Asked Questions

Fullerton Markets Overview

According to research in South Africa, Fullerton Markets is a New Zealand company founded in 2015 with headquarters in Kingston, St Vincent and the Grenadines.

Fullerton Markets was launched by its CEO Mario Singh and is a straight-through processing (STP) broker. Singh is popular in the far East and is a forex analyst and coach.

The broker offers trading on the global renown MetaTrader4 in currency pairs and CFDs on indices, and crude oil.

Fullerton Markets is listed on NASDAQ due to its partnership with tier-one banks and Equinix.

Fullerton Markets Safety and Security

Fullerton Markets Limited trades under the Fullerton Markets brand, and use to be regulated by the Financial Markets Authority (FMA).

In 2018, the broker transferred all business from its New Zealand entity Fullerton Markets Limited (FML) to a newly established offshore company called Fullerton Markets International Limited (FMIL).

Today it is an offshore company registered in Saint Vincent and the Grenadines and not regulated by any financial authority.

On the broker’s website, it assures traders that all client funds are kept in separate bank accounts and that it is protected through Fullerton Custodian, Professional Indemnity, and Crime Insurance.

Customers from Iran, Cuba, Sudan, Syria, and North Korea are not accepted as clients at Fullerton Markets.

Fullerton Markets Sign Up Bonus

Fullerton Markets does not, at this time, offer a Sign-Up bonus or welcome bonus nor do they offer a referral bonus or any reward.

Fullerton Markets Minimum Deposit

The minimum deposit amount required to register a Fullerton Markets trading account is $100 USD. This minimum deposit is equivalent to R1600 ZAR at the current exchange rate between the  South African Rand & United States Dollar at the time of writing.

Fullerton Markets Demo Account

Fullerton Markets does offer a free demo trading account for beginners to practice forex trading in a 100% risk-free environment. The Fullerton Markets Demo account expires after 60 days.

Fullerton Markets Leverage

Leverage enables a trader to get a much larger exposure to the market the person is trading in than the amount deposited to open the trade. Leveraged products, such as forex trading, magnify a trader’s potential profit – but also increase the potential loss.

Leverage is expressed as a ratio, for instance, 50:1, 100:1, or 500:1. Assuming that you have $1 000 in your trading account and you trade ticket sizes of 500,000 USD/JPY, your leverage will equate to 500:1.

Margin is the collateral to cover any credit risks that may arise during trading operations. It is expressed as the percentage of position size (e.g. 5% or 1%), and you need to have enough funds in your trading account to ensure sufficient margin.

For example, on a 1% margin, a position of $1,000,000 will require a deposit of $10,000. The margin level in a trading account needs to be equal or more than 100% to be able to open new trades, otherwise, your trading account will be fully hedged.

At Fullerton Markets the leverage ratio is 1:500.

10 Best Forex Brokers in South Africa for 2025

Rank

Broker

Review

Regulators

Min Deposit

Official Site

#1

Read Review

ASIC, FSA, CBI, BVI, FSCA, FRSA, CySEC, ISA, JFSA

$100

Visit Broker

#2

Read Review

FSCA, CySEC, FCA, DFSA, FSA, CMA

$0

Visit Broker

#3

Read Review

CySEC, MWALI, FSCA

$25

Visit Broker

#4

Read Review

CySEC, FCA, FSA, FSCA

$100

Visit Broker

#5

Read Review

CBCS, CySEC, FCA, FSA, FSC, FSCA, CMA

$10

Visit Broker

#6

Read Review

CySEC, ASIC, FSA, BVI, FSCA

$25

Visit Broker

#7

Read Review

ASIC, CySEC, FSA, SCB

$200

Visit Broker

#8

Read Review

ASIC, CySEC, FSCA, FSA, FSC, CMA

$100

Visit Broker

#9

Read Review

FCA, CySEC, FSCA, SCB

$100

Visit Broker

#10

Read Review

FSCA, FSC, ASIC, CySEC, DFSA

$5

Visit Broker

#1

4.8/5

User Score

Sign Up

#2

4.7/5

User Score

Sign Up

#3

4.7/5

User Score

Sign Up

#4

4.4/5

User Score

Sign Up

#5

4.7/5

User Score

Sign Up

#6

4.0/5

User Score

Sign Up

#7

4.7/5

User Score

Sign Up

#8

4.8/5

User Score

Sign Up

#9

4.5/5

User Score

Sign Up

#10

4.9/5

User Score

Sign Up

Fullerton Markets Accounts   

Fullerton Markets offers clients only one live account which features the following:

• Maximum leverage of 1:500
• Spreads starting at 0.1 pip
• Minimum trade size of 0.01 per lot
• 24/5 customer support

Customers can also open a demo account with virtual money that sports real-time prices and trading conditions. It is a free account and can be used for a period of 30 days.

The demo account has the same features like the live account type and gives traders the opportunity to practice trading without any risk involved.

Fullerton Markets also offers Swap-free accounts to those of the Muslim faith in compliance with Sharia law. This means Muslim clients have an additional swap-free option without being charged during overnight positions of swaps or rollover interests.

How to open a Fullerton Markets account

1.  Step 1: Obtain approval via “KYC”

You will be required to go through a basic “know your customer” process, which will allow Fullerton Markets to verify your submitted details and ensure the safety of your funds and account details. The registration form on the website is to be completed. To verify your information takes around 24 hours after which you should receive an approval email from the broker. You can now fund the account and start trading.

2.  Step 2: Confirmation of account

To verify your information takes around 24 hours after which you should receive an approval email from the broker. You can now fund the account and start trading.

Fullerton Markets Market instruments

The most popular market instruments available from most brokers for trading include:

Forex

Forex trading describes the currency exchange market which refers to the global, decentralized marketplace where individuals, companies, and financial institutions exchange currencies for one another at floating rates.

Commodities

Commodity markets offer many investment opportunities for traders. Soft commodities have been traded for centuries and plays a major role in portfolio diversification and risk management. Investing in contract-based tradable goods is a reliable way to mitigate risk during times of economic uncertainty.

Indices

Equity, or stock indices, are actual stock market indexes that measure the value of a specific section of a stock market. They can represent a specific stock market or a specific set of the largest companies of a nation.

Precious metals

The trading of gold and other precious metals, along with crude oil, copper or petroleum, are hard commodities that play a major role in the commodities market and are contract-based tradable goods.

Energy

The typical feature of energy prices is high volatility due to the influence of political and environmental factors, supply and demand, extreme weather conditions and global economic growth.

Fullerton Markets offers the following of the above: Forex, Metals, Indices, Crude Oil

Fullerton Markets Fees, Spreads, and Commissions

Cost and fees depend on different factors, like spread and margins, and Fullerton Markets clients may also experience different fee structures according to their country or place of residence.

The spread of a currency pair is the difference between the bid and the asking rate. A pip represents the smallest increment that an exchange rate can move.

Margin is the amount of money required in your account in order to open a position. Margin is calculated based on the current price of the base currency against USD, the size (volume) of the position and the leverage applied to your trading account.

Fullerton Markets offer variable raw spreads from as low as 0.1 pips direct from the market participants. It is offered at a flat fee of $ 10 per lot in commission charged for Forex instruments.

The broker does not charge any commissions for trade executions but collects a brokerage fee from the spreads.

Fullerton Markets Deposit and withdrawal

Accounts usually require a certain minimum initial deposit, which can be paid in several ways. Withdrawals can usually be done in the same ways, but sometimes differ.

To open an account with Fullerton Markets a minimum deposit of $100 is required. The following payment methods can be used for deposits and withdrawals: Mastercard, Visa, Sticpay, Neteller, Skrill, FasaPay

Local transfers for clients from Malaysia, Vietnam, Thailand, Indonesia, Philippines, China, and Singapore

The broker does not charge any deposit or withdrawal fees and will cover all bank processing charges.

Processing of withdrawals through credit or debit cards and digital wallets is done within 24 hours. Bank wire transfers take between 2 to 5 days.

Third-party transfers are not accepted, and all transactions should be done in the trader’s name through the same method used for deposits and withdrawals.

Deposits can be made in the following currencies: USD, EUR, and SGD.

Fullerton Markets Trading platforms

The forex trading platform provided by Fullerton Markets to its clients is the software to carry out their trades. Some brokers provide only one, others quite a few platforms.

A multi-asset trading platform is one that allows clients to trade forex as well as other asset classes. The decision about which platform to choose will usually depend on what a client would like to trade.

Fullerton Markets offers MetaTrader4 as the only trading platform and it is available in English, Indonesian, Malay, Vietnamese, Thai, and Chinese.

This award-winning platform was developed by the Russian software company MetaQuotes and is equipped with advanced charting tools, a wide range of Expert Advisors (EAs), over 50 built-in indicators, and an extensive back-testing environment for them.

MT4 can be used on desktops, web, smartphones and tablets. It offers a user-friendly customizable interface and even newbies traders can easily find their way around it.

In addition, Fullerton Markets has collaborated with the financial technology provider Tradency, which allows clients to use advanced copy trading options through accessing the Mirror Trader Platform and Tradency’s latest offering, Robots.

The broker also offers the use of its own trading system, CopyPip which allows investors to select from a range of 300+ signal providers to copy from.

Fullerton Markets  Best Countries by Traders

Fullerton Markets vs Exness vs XM – a Comparison

[

Fullerton Markets  Customer Review

Quickly funded account

With Fullerton Markets, I tested independent trading, its copy service, and the MAM account on my own. Overall, it’s not bad. The platforms work well here, the support service is also active. The money was deposited faster than I expected, but I use EPS. My recommendation would be to keep that in mind if you need to quickly fund your account. I would also like to see more instruments from Fullerton Markets such as new pairs, cryptocurrency, and possibly commodities.

This broker exceeded my expectations.

I thought that I would be able to recoup the deposit in at least a month, but a week and a half passed before I earned some money. After a successful start, of course, I decided not to miss the opportunity and opened accounts in the copy and MAM services. So far, the profitability is low, but it is there, and at the same time I have time to learn from experienced colleagues. Fullerton Markets is definitely worth its money, especially since the security here is at a fairly high level. I also tested the withdrawal, the money came in 2 days. For the commission, or rather, its absence during withdrawal. I give the broker A+.

Fullerton Markets Pro and cons

Fullerton Markets Conclusion  

Overall, Fullerton Markets can be summarized as a trustworthy broker that provides one Standard account with a minimum deposit amount is $100 USD / R1600 ZAR, leverages up to 1:500 and ECN-spread, floating & fixed.

Fullerton Markets offers trading in a single account type via the MetaTrader4 platform with competitive terms and conditions on only a few trading assets.

The broker is unfortunately an offshore company and not regulated by any reputable financial authority which makes it a risky broker to trade with.

Fullerton Markets Disclaimer

Each investment product, including foreign currencies and contracts for difference, is offered only to and from jurisdictions where solicitation and sale are lawful, and in accordance with applicable laws and regulations in such jurisdiction.

Trading of foreign exchange contracts, contracts for difference, derivatives, and other investment products which are leveraged, can carry a high level of risk. These products may not be suitable for all investors.

It is possible to lose more than your initial investment. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial

All investors should obtain advice based on their unique situation before making any investment decision based upon any information contained within, according to research in South Africa.

You might also like: Fullerton Markets Account Types Overview

You might also like: Fullerton Markets Demo Account – Step by Step

You might also like: Fullerton Markets Fees and Spreads

You might also like: Fullerton Markets Islamic Account Overview

You might also like: Fullerton Markets Minimum Deposit

You might also like: Fullerton Markets Sign up Bonus

Frequently Asked Questions

Does Fullerton Markets have ZAR accounts?

Yes, Fullerton Markets only offers one Standard account that is available in ZAR

How many instruments can I trade with Fullerton Markets?

You can trade the following financial instruments: Forex, Metals, Indices, Crude oil

Which trading platforms are supported by Fullerton Markets?

Fullerton Markets supports the MetaTrader4 platform

For which type of trader is Fullerton Markets best suited?

Fullerton Markets is best suited for beginner and professional traders.

Does Fullerton Markets charge a commission?

Yes, Fullerton Markets charge a flat fee of only $10 per lot in commission for Forex instruments