FULLERTON
Basic Information
Pros and Cons
Pros
- Diverse market instruments
- LIVE and DEMO accounts
- Leverage options up to 1:500
- Advanced MT5 trading platform
- Multiple customer support channels
Cons
- Unregulated
- Security and protection uncertainty
- Limited transparency and accountability
- Potential financial losses and lack of recourse
Is FULLERTON Safe and Legit?
FULLERTON, officially known as Fullerton Markets International Limited, is registered in Saint Vincent and the Grenadines and has been operational for 5-10 years. The broker offers a diverse range of trading instruments including forex, precious metals, indices, cryptocurrencies, and stocks, with leverage options up to 1:500 and varying spreads on the MT5 trading platform.
The broker operates without a valid regulatory license, which raises significant concerns regarding its safety and legality. As such, it is generally considered a high-risk option for traders and investors.
In the market, FULLERTON has garnered mixed reviews. While some users praise its customer service and withdrawal speed, others report issues such as unexpected account balance wipes and a lack of transparency. Complaints regarding the broker’s practices suggest potential risks, prompting caution among prospective traders.
Is FULLERTON a Regulated Broker?
What Are the Regulatory Licenses Held by FULLERTON?
No regulated licenses are held by FULLERTON. The broker, officially known as Fullerton Markets International Limited, operates without a valid regulatory license, which raises significant concerns regarding its safety and legality. As such, it is generally considered a high-risk option for traders and investors. Prospective users should exercise caution due to the lack of regulatory oversight.
| Regulator Abbreviation | Full Name of Regulator | Regulated Company Entity | Regulatory Status | License Number |
|---|---|---|---|---|
| No Regulated Licenses | No Regulated Licenses | Fullerton Markets International Limited | Unregulated | N/A |
Client Fund Segregation: Your Ultimate Safeguard
Capital Protection Measures
Fullerton Markets International Limited does not hold client funds in independently regulated bank accounts separated from its assets. Due to the absence of regulatory oversight, there are no specific rules regarding the segregation of client funds, which raises concerns about the safety of traders’ investments.
FULLERTON Leverage
Fullerton offers a maximum leverage of up to 1:500 for its clients. This leverage ratio allows traders to control larger positions than their actual account balance. However, given that Fullerton operates without regulatory licenses, compliance with local regulatory requirements regarding leverage cannot be assured, leading to potential risks for clients.
FULLERTON Withdrawal Review
How to Contact FULLERTON?
Does FULLERTON Have Withdrawal Issues?
Fullerton Markets has received mixed feedback regarding withdrawal issues from its users. Common complaints involve unexpected account balance wipes, with some traders reporting their profits being deleted without clear explanations. Credible sources of these complaints include user reviews on various trading forums and platforms. While some users praise the broker for speedy withdrawals, others express concerns over transparency and responsiveness to complaints. There is evidence of repetitive complaints regarding account balances, but there are no regulatory penalties or warnings associated with these issues. Overall, the broker’s unregulated status amplifies the risks involved.
Frequently Asked Questions
A1: No, Fullerton operates without a valid regulatory license, which raises significant concerns about its safety and legality. This lack of regulation means that it is generally considered a high-risk option for traders and investors.
A2: Fullerton Markets International Limited does not hold client funds in independently regulated bank accounts. The absence of regulatory oversight means there are no specific rules regarding the segregation of client funds, raising safety concerns for traders’ investments.
A3: Fullerton has received mixed feedback regarding withdrawal issues, with some users reporting unexpected account balance wipes and a lack of transparency. While some traders praise the broker for speedy withdrawals, others express concerns about transparency and responsiveness to complaints.
A4: Fullerton offers multiple customer support channels, including email, phone, and messaging apps such as Line, Telegram, Viber, and Whatsapp. This allows traders to select their preferred method of communication for assistance.
A5: Prospective users should be aware that Fullerton is unregulated, which exposes traders to potential financial losses and limited recourse in case of disputes. Caution is advised due to the mixed reviews and reported issues among traders.
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Risk Disclosure
Trading forex/CFDs via brokers carries high risks, including potential total loss. For any data changes, please refer to the latest information on the brokers' official websites. Trade with caution and seek independent advice.