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Fulbright Securities Limited

Luxembourg|2-5 years|
Suspicious Scope of Business|High potential risk|

https://fulbrightsl.com/

Website

Rating Index

Contact

https://fulbrightsl.com/
32-36 Bd d'Avranches, 1160 Luxembourg

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Disclosure

Danger

SC FSA
2023-03-21

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Warning: Low score, please stay away! 4
Previous Detection : 2024-07-27
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The United KingdomFCA regulation (license number: 583263) claimed by this broker is suspected to be clone. Please be aware of the risk!
  • The AustraliaASIC regulation (license number: 491139) claimed by this broker is suspected to be clone. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

Fulbright Securities Limited · WikiFX Survey

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Fulbright Securities Limited · Company Summary

Basic Information
Registered Countries United Kingdom
Regulation No License
Minimum Deposit N/A
Maximum Leverage 1:1000
Minimum Spread From 0.0 pips
Trading Platform Webtrader
Demo Account Available
Trading Assets Forex, Cryptocurrencies, Stocks, Commodities, Equity Indices, Precious Metals, Energies
Payment Methods N/A
Customer Support Email, Telephone support

General Information

Fulbright Securities Limited is an online investment platform registered in the United Kingdom, giving their clients access to a series of trading instruments, including Forex, Cryptocurrencies, Stocks, Commodities, Equity Indices, Precious Metals, Energies. With Fulbright Securities Limited platform, investors are given the flexibility of choosing from three types of trading accounts, Standard, Professional and Elite accounts, with the minimum deposit to open an account starting at $250.

Fulbright Securities Limited is not authorized or regulated by any regulatory authority, and thats why WikiFX has given it a very low score of 1.02/10. Please be aware of the risk, for trading with an unregulated broker is taking huge risk of losing your money.

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Market Instruments

Clients are provided access to trade on a very large financial market on the Fulbright Securities Limited platform, including Forex, Cryptocurrencies, Stocks, Commodities, Equity Indices, Precious Metals, Energies.

Account Types

Micro, Standard accounts, Ultra-low and Shares accounts are available options for both retail and professional clients. The base currency options available in Micro accounts and Standard accounts are USD, EUR, GBP, JPY, CHF,‎ AUD, HUF, PLN, RUB, SGD, ZAR.

Ultra Low accounts are available in EUR, USD, GBP, AUD, ZAR, SGD, and trades who open a Shares account can deposit into USD ONLY.

Weirdly, the minimum deposit required by each account is not specified.

account-types

Demo Accounts Available

Aside from live trading accounts, demo accounts are also available for clients to test their trading potential without exposing them to any risk. Once you have tested trading strategies, learned about market moves and how to place orders, you can switch to real accounts.

Spreads & Commissions

Although Fulbright Securities Limited says that it provides narrow spreads, their sweet words cannot be easily trusted given the fact that this broker is not regulated at all.

Leverage

When it comes to leverage, Fulbright Securities Limited provides its customers with access to 1:1000, which is greater than the levels regarded appropriate by many regulators, with the maximum leverage for major currencies up to 1:30 in Europe and Australia, and 1:50 in the United States and Canada.

Since leverage can amplify both gains and losses, it can result in devastating losses for investors who lack experience. If you're just starting out in the trading world, it's best to stick with the lower size, no more than a 1:10.

Customer Support

Frustratingly, this broker does not leave any contact information for clients to get in touch with them. Only a contact form is displayed for clients to fill up some basic information and then wait to be connected.

Risk Warning

Trading leveraged products such as forex, cryptocurrencies and derivatives may not be suitable for all investors as they carry a high degree of risk to your capital. Please ensure that your fully understand the risks involved, taking into account your investments objectives and level of experience.

The information presented in this article is intended solely for reference purposes.

Pros & Cons

Pros Cons
Tiered trading accounts offered No regulation
Demo accounts offered No clear info on trading costs
Basic educational resources Poor customer support
Wide selection of trading instruments Unprofessional website design

Frequently Asked Questions

What items can I trade with on Fulbright Securities Limited

Fulbright Securities Limited offers access to Forex, Cryptocurrencies, Stocks, Commodities, Equity Indices, Precious Metals, Energies.

Does Fulbright Securities Limited offer demo accounts?

Yes, demo accounts are available on the Fulbright Securities Limited platform.

What is the maximum leverage available?

The maximum trading leverage that is available on Fulbright Securities Limited platform is up to 1:1000.

Broker Information

Company Name

Fulbright Securities Limited

Abbreviation

Fulbright Securities Limited

Regulatory Status

Suspicious Clone

Platform registered country and region

Luxembourg

Company website
Type of License

Description of Approved License Type

Type I

The financial instrument business deals with highly liquid securities and provides derivative transactions, which have characteristics.

As mentioned above, the main business content of the first type of financial instrument business operators can be roughly summarized as securities business (securities, securities CFD, etc.), financial futures business (FX), derivative trading business related to cryptocurrencies, securities management, etc. The work can be divided into four categories.

Type II

The financial instrument business basically refers to funds (shares of collective investment plans), trust beneficiary rights with lower liquidity, that is, financial instrument transactions excluding major securities such as stocks and corporate bonds. These are referred to as "equivalent securities" in the various items listed in the second paragraph of Article 2 of this Sale Business Law (hereinafter referred to as "equivalent securities").

In addition, the self-issuance (private placement and public offering) of certain securities such as investment trust beneficiary rights that are not regarded as securities, currency-related market derivative transactions, etc. are also positioned as Type II financial instrument business.

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Company address
  • 32-36 Bd d'Avranches, 1160 Luxembourg

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Company Summary

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