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Fullerton Markets

New Zealand|2-5 years|
Suspicious Regulatory License|Suspicious Scope of Business|High potential risk|


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Suite 16, Level 7, 2 Kitchener Street, Auckland 1010, New Zealand


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Broker Information


Company Name

Fullerton Markets Limited

Company Abbreviation

Fullerton Markets

Platform registered country and region

New Zealand

Company website

Pyramid scheme complaint


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Warning: Low score, please stay away! 2
Previous Detection : 2024-02-26
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

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Fullerton Markets · Company Summary

Aspect Details
Company Name Fullerton Markets
Registered Country/Area New Zealand
Founded Year 2017
Regulation Unregulated
Minimum Deposit $100
Maximum Leverage 1:500
Spreads Floating, ECN-spread, Fixed
Trading Platforms MetaTrader 4, MetaTrader 5
Tradable Assets Forex, Commodities, Indices, Shares, Cryptocurrencies
Account Types Live, Demo, MAM, CopyPip
Demo Account Yes
Payment Methods Bank cards, electronic systems, cryptocurrencies, local and bank transfers
Educational Tools Free training materials, Investment programs


Fullerton Markets is a comprehensive trading platform offering a variety of options for traders interested in forex and other financial markets. The platform supports both MetaTrader 4 and MetaTrader 5 and offers a range of account types, including live, demo, MAM, and CopyPip accounts. With multiple funding options from credit cards to cryptocurrencies, the minimum deposit starts at $100, rising to $200 for bank transfers. Fullerton Markets offers leverage up to 1:500 and has a range of trading instruments from currency pairs to oil. Additional features include mobile trading capabilities, an affiliate program, contests, and bonuses, as well as free training materials. The platform uses STP and ECN for order execution and is backed by Tier-1 liquidity providers.



Fullerton Markets is labeled as an “Unregulated” .This indicates that the company does not hold any licenses from recognized financial regulatory bodies, and it has been identified as a potential scam. It's critical to approach such entities with extreme caution, as the lack of regulation means that there is a higher risk of fraudulent activities and less protection for traders and investors. Always exercise due diligence and consider consulting with financial advisors before engaging with unregulated trading platforms.


Pros and Cons

Pros Cons
Variety of Trading Instruments Unregulated Status and Potential Scam Label
Multiple Account Types for Different Needs Lack of Regulatory Oversight and Investor Protection
Supported MetaTrader 4 and MetaTrader 5 Platforms Inconsistent Commission and Fee Structure
Leverage Up to 1:500 Minimum and Maximum Withdrawal Limits
Mobile Trading Capabilities Limited Customer Support (Form Submission Only)
Affiliate Program, Contests, and Bonuses No Educational Resources
Backed by Tier-1 Liquidity Providers Absence of Transparency

Fullerton Markets offers a range of advantages, including a variety of trading instruments and multiple account types to cater to different trader needs. The support for popular MetaTrader 4 and MetaTrader 5 platforms, as well as mobile trading capabilities, adds convenience to traders. The inclusion of an affiliate program, contests, and bonuses might attract some traders looking for additional incentives.

However, the significant drawback is the broker's unregulated status, which raises concerns about potential fraudulent activities and the lack of investor protection. The inconsistencies in the commission and fee structure, along with minimum and maximum withdrawal limits, can create confusion and financial risks. The limited customer support through a form submission and the complete absence of educational resources are notable shortcomings, particularly for traders seeking guidance and assistance.

Given these pros and cons, traders should approach Fullerton Markets with extreme caution and carefully weigh the potential risks before considering trading with the platform.

Market Instruments

Fullerton Markets offers a broad array of market instruments for trading. These include:

  • Currency Pairs: Traders can engage in forex trading, which involves buying and selling currency pairs like USD/EUR, GBP/USD, etc.

  • Metals: Metals like gold and silver are also available for trading, often seen as safe-haven assets especially during volatile market conditions.

  • Indices: Various global stock market indices can be traded, offering a way to speculate on the broader stock markets without having to buy shares individually.

  • Oil: Energy commodities like crude oil are also available, which can be volatile and influenced by geopolitical events, among other factors.

  • Cryptocurrencies: The platform supports trading in digital currencies like Bitcoin Cash (BCH), Ethereum (ETH), and presumably others (XRM was mentioned, although it may be a typo, possibly referring to XMR, which is Monero).

These diverse trading instruments provide traders with the flexibility to diversify their investment portfolio. However, given the company's unregulated status, it's essential to exercise extreme caution when considering trading on this platform.


Account Types

Fullerton Markets offers three tiered trading account types, namely Live Account, MAM Account, and CopyPip Account.

  • Live Account: This is the standard account most traders would use for daily trading activities. It supports multiple account currencies, offers a wide range of market instruments, and provides leverage up to 1:500. The minimum deposit is $100, but if you're funding the account via bank transfer, the requirement is $200.

  • MAM Account: MAM stands for Multi-Account Manager. This account type is ideal for professional traders or fund managers who manage multiple trading accounts on behalf of their clients. The MAM Account allows them to execute block orders in all accounts under their management, directly from the master account.

  • CopyPip Account: This account type is designed for traders who wish to automatically copy the trades from other successful traders. It is a form of social trading that allows inexperienced traders to benefit from the strategies of professionals without needing to actively manage their own portfolios.

It's important to note that the broker is unregulated, so despite the diversity and flexibility of account types, caution is advised. Always conduct thorough due diligence before deciding to engage in any trading activities with the broker.

Here is the table summarizing the account types:

Account Type Features
Live Account Standard account for individual trading, multiple currencies supported, wide range of market instruments, leverage up to 1:500, minimum deposit of $100 ($200 for bank transfers).
MAM Account Designed for professional traders or fund managers, allows for block orders across multiple client accounts, specialized management tools.
CopyPip Account Allows automatic copying of trades from successful traders, ideal for beginners or those looking to diversify strategies without active management.


This broker offers a maximum trading leverage of up to 1:500. Leverage in trading refers to the ability to control a large position in a financial instrument with a relatively small amount of capital. A leverage ratio of 1:500 means that for every $1 in your account, you can control a trade worth $500.

High leverage like this can be a double-edged sword. On the one hand, it allows traders to amplify their profits on successful trades. For instance, a 1% price move in the underlying asset can translate into a 500% profit when using 1:500 leverage. However, the risks are similarly amplified. The same 1% price move against your position could result in significant losses, potentially wiping out your trading capital.

Due to the high risks associated with such substantial leverage, it is crucial for traders to exercise caution and employ robust risk management strategies. High leverage is particularly risky for inexperienced traders who might not fully understand the implications. Additionally, given that Fullerton Markets is an unregulated broker, traders should be even more cautious. Always consider your risk tolerance and consult with financial advisors before engaging in high-leverage trading.

Spreads & Commissions

Despite its seemingly transparent fee structure, Fullerton Markets raises several red flags due to its unregulated status. Although no hidden fees were reportedly found by the Traders Union, the broker imposes a $10 per lot commission on fixed ECN spreads for currency pairs. If you're inactive for over 180 days, expect to be drained of $5 monthly or your remaining account balance, whichever is less, until your account hits zero. Then, your money goes to their charity, not back to you. Withdrawal fees are generally covered, but exceptions are conveniently made for bank transfers, cryptocurrencies, and certain Neteller transactions. This lack of consistency adds an extra layer of financial risk. Exercise extreme caution.

Spread/Commission Type Details
Floating Spread No additional commission; spread varies based on market conditions.
Fixed ECN Spread $10 per lot commission for currency pairs; spread is fixed.
Inactivity Fee $5 per month or remaining account balance after 180 days of inactivity.
Withdrawal Fee Generally covered by broker except for bank transfers, cryptocurrencies, and certain Neteller transactions.

Deposit & Withdrawal

Fullerton Markets presents itself as offering multiple avenues for deposits, but the complexity and the broker's unregulated status raise red flags. Here's a more organized breakdown:

  • Deposit Methods: The platform accepts MasterCard, Sticpay, Visa, electronic payment systems like Skrill, Neteller, FasaPay, cryptocurrency, bank transfers, and local transfers for specific Asian countries.

  • Processing Time: Deposits are usually processed within 1 business day, except for bank transfers which can take between 2-5 business days.

  • Withdrawal Time: Withdrawal requests are processed within 1 business day, but the transfer can take up to 4 days.

  • Limitations: Withdrawals through local transfers, cryptocurrency, and bank transfers have minimum and maximum limits imposed.

  • Fees: Although Fullerton Markets claims to cover most fees, there are exceptions. Fees apply to bank transfers, cryptocurrency transactions with a 2-4% fee, and Neteller transactions for traders from specific countries.

  • Account Verification: Financial transactions require uploading identity documents for verification.

Here's a table summarizing the key points:

Aspect Details
Deposit Methods MasterCard, Sticpay, Visa, Skrill, Neteller, FasaPay, Cryptocurrency, Bank & Local Transfers
Processing Time Deposits within 1 business day; bank transfers take 2-5 days.
Withdrawal Time 1 business day for request processing; 2-4 days for fund transfer.
Limitations Min & Max withdrawal limits for local transfers, cryptocurrency, and bank transfers.
Fees Mostly covered, with exceptions for bank transfers, cryptocurrency, and Neteller.
Account Verification Mandatory; requires identity documents.

Given Fullerton Markets' unregulated status, traders should proceed with caution and consider these complexities before engaging in financial transactions.

Trading Platforms


Fullerton Markets offers the MetaTrader 4 and MetaTrader 5 trading platforms, which are among the industry's most renowned for their user-friendliness and advanced features. However, despite the allure of these popular platforms, it's vital to consider Fullerton Markets' unregulated status, which brings a layer of risk to your trading activities.

Both MetaTrader 4 and MetaTrader 5 provide a range of functionalities including technical analysis tools, charting capabilities, and automated trading options. They also offer mobile trading, allowing traders the flexibility to manage their portfolios on the go. Yet, the lack of regulatory oversight for Fullerton Markets could potentially overshadow the advantages brought by these established platforms.

Here's a summarized table:

Aspect Details
Trading Platforms MetaTrader 4, MetaTrader 5
User Features Technical analysis, charting, automated trading
Mobile Trading Available

Customer Support


Fullerton Markets' customer support system is notably restrictive, offering only a single point of contact through a form submission on their website. The absence of immediate communication channels such as live chat, phone support, or even a dedicated email address curtails the level of accessibility and responsiveness one would expect from a trading platform. This approach is particularly concerning given the broker's unregulated status, raising questions about its accountability and the speed with which it would respond to customer issues.

To compound matters, the form requires users to agree to the processing of personal data. While this is standard practice, the fact that Fullerton Markets operates without regulatory oversight makes this requirement less than reassuring.

Here's a summarized table for quick reference:

Aspect Details
Contact Method Form Submission Only
Data Processing Requires consent to process personal data
Responsiveness Unknown, given the absence of immediate contact options

Given these limitations, the company's customer support structure does little to instill confidence, particularly for traders who value swift and multiple avenues of support.

Educational Resources

Fullerton Markets offers no educational resources to guide or support traders. This is a glaring omission, especially for newcomers who may be looking for educational content to kickstart their trading journey. The absence of tutorials, webinars, articles, or even a basic FAQ section severely limits the platform's utility for traders seeking to broaden their knowledge and skills. For a broker in an industry where many competitors offer extensive educational materials, Fullerton Markets falls short, failing to provide one of the key elements that help traders make informed decisions.


Fullerton Markets presents itself as a comprehensive trading platform offering a broad array of trading instruments and multiple account types, including live, MAM, and CopyPip accounts. The platform supports MetaTrader 4 and MetaTrader 5, both highly reputable platforms in the trading industry. However, several red flags undermine its credibility.

  1. Regulatory Status: The broker operates without any regulatory oversight, posing a significant risk to traders. It has even been labeled as a potential scam, which calls for extreme caution.

  2. Trading Conditions: While Fullerton Markets offers leverage up to 1:500, its unregulated status amplifies the risks associated with such high leverage. The commission and fee structure, although seemingly transparent, are inconsistent and potentially draining.

  3. Deposits and Withdrawals: Although the broker offers multiple payment methods, it is crucial to note that it imposes minimum and maximum withdrawal limits on certain methods. Fees are covered by the broker except for specific conditions, adding a layer of complexity and risk.

  4. Customer Support: The brokers support system is notably inadequate, offering only a single form of contact via a form submission on their website, thereby limiting accessibility and speed of response.

  5. Educational Resources: The platform provides no educational content, a glaring omission that renders it less useful for traders looking to expand their knowledge.

  6. Trading Platforms: Despite offering MetaTrader 4 and MetaTrader 5, the absence of regulation could negate the benefits provided by these established platforms.

In summary, Fullerton Markets may offer a range of services, but the absence of regulation, inadequate customer support, and lack of educational resources paint an alarming picture. Traders should exercise extreme caution when considering this broker.


Q1: Is Fullerton Markets a regulated broker?

A1: No, Fullerton Markets is an unregulated broker. It does not hold any licenses from recognized financial regulatory bodies and has been labeled as a potential scam. Exercise extreme caution when dealing with this broker.

Q2: What trading platforms does Fullerton Markets offer?

A2: Fullerton Markets offers MetaTrader 4 and MetaTrader 5 trading platforms. However, the broker's unregulated status adds an element of risk to trading on these platforms.

Q3: What are the deposit methods available on Fullerton Markets?

A3: Fullerton Markets accepts a variety of deposit methods including MasterCard, Sticpay, Visa, Skrill, Neteller, FasaPay, cryptocurrency, and bank transfers. Local transfers are also available for clients from specific Asian countries.

Q4: Does Fullerton Markets offer customer support?

A4: The broker provides very limited customer support, only available through a form submission on their website. There are no other avenues like live chat, phone support, or a dedicated email for immediate assistance.

Q5: Are there any educational resources available on Fullerton Markets?

A5: No, Fullerton Markets does not offer any educational resources. This lack is particularly detrimental for beginners and those looking to expand their trading knowledge.


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