Fullerton Markets offers Islamic swap-free trading on the standard account. Standard Swap-free and Extended Swap-free. Fullerton Markets offers Extended Swap-free status by default to all applicable trading accounts created by clients in non-Islamic countries.
🔎 Broker | 🔎 Fullerton Markets |
☪️ Islamic Account | ✅ Yes |
☑️ Accounts Offered | Standard |
🚀 Open an Account | 👉 Click Here |
Fullerton Markets Islamic Account – 8 Key Point Quick Overview:
Fullerton Markets Overview
Fullerton Markets Safety and Security
Fullerton Markets Islamic Account
How to Open a Fullerton Markets Account – Step by Step Guide
- Fullerton Markets Customer Reviews
- Fullerton Markets Pros and Cons
- Fullerton Markets Conclusion
- Frequently Asked Questions
Fullerton Markets Overview
Fullerton Markets Islamic Account offers an Islamic account for Muslim faith traders including a swap-free account. The Islamic forex trading environment is ideal for traders following strict sharia law with a fixed fee instead of a swap. The fee is not an interest and depends on the direction of the order.
Finding a reputable list of Fullerton Markets Islamic account locally or worldwide can be a difficult process, especially finding a complete list from a trustworthy reputable source.
Below is an in-depth Islamic Account Review regarding this regulated Forex company, which will assist Islamic traders to make an informed decision when it comes to Swap-Free Islamic Accounts.
Fullerton Markets is a forex broker company from New Zealand that was established in 2015. The broker is listed on NASDAQ due to its partnership with tier-one banks and Equinix.
Fullerton Markets was launched by its present, CEO Mario Singh, and is a straight-through processing (STP) broker. Singh is extremely popular in the far East and is a forex analyst and coach.
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 Kingston, Saint Vincent, and the Grenadines. It is self-regulated.
On the broker’s website, it gives the assurance to traders that all client funds are kept in separate bank accounts that it is protected through Fullerton Custodian, Professional Indemnity, and Crime Insurance.
The broker offers trading on the popular MetaTrader 4 and MetaTrader 5 in currency pairs and CFDs on indices, and crude oil.
Also, Fullerton Markets offers its proprietary mobile platform, PipProfit! which is not for trading purposes but provides regular market news, event information, and trading data.
Users can also access educational resources including market analysis and economic insights, as well as manage deposits and withdrawals within the client terminal.
Customers from Iran, Cuba, Sudan, Syria, and North Korea are not accepted as clients at Fullerton Markets.
Fullerton Markets Safety and Security
Fullerton Markets is an offshore company registered in St Vincent and the Grenadines and not regulated by any financial authority.
🔎 Regulatory Authority | 📌 Abbreviation | 🌎 Country |
🥇 registered in St Vincent and the Grenadines | Not available | St Vincent and the Grenadines |
Fullerton Markets Islamic Account
Fullerton Markets offers Islamic swap-free trading on the standard account. Standard Swap-free and Extended Swap-free. Fullerton Markets offers Extended Swap-free status by default to all applicable trading accounts created by clients in non-Islamic countries.
🔎 Broker | 🔎 Fullerton Markets |
☪️ Islamic Account | ✅ Yes |
☑️ Accounts Offered | Standard |
🚀 Open an Account | 👉 Click Here |
How to Open a Fullerton Markets Account – Step by Step Guide
1. Step 1: Start Process
Navigate to the home page of the Fullerton Markets website and select “Open an account”
2. Step 2: Complete information
Complete personal information requested and select register
3. Step 3: Account verification
Once the account is registered, the client will receive a verification email on the registered email address. As soon as the account is verified, the client can log in and start trading.
Fullerton Markets Customer Reviews
This broker exceeded my expectations.
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+.
Testing independent trading
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.
Pros and cons
I can’t say Fullerton Markets is the best broker with which I’ve ever worked. It undoubtedly has its pros but I personally noticed some cons as well. I’ll start with the positive, which is active trading is surprisingly easy. There are enough instruments, the trading platform (I use MetaTrader 5) works well, without failures, and there were no problems with the execution of planned orders either. But if we talk about investing, then I clearly do not have enough assets. I would like to see stocks, CFDs, and IPOs. Trade copy services are not exactly what I mean when I say that I am an investor. I am not interested in MAM accounts either, I do an excellent job with account management myself.
So, who is this broker for? Perhaps for beginners and fans of copy services. Investment programs here seem to be quite good as well.
Fullerton Markets Pros and Cons
✔️ Pros | ❌ Cons |
Various promotions on offer | No sign-up, welcome, or deposit bonus |
Loyal customers are rewarded | No Referral bonus offered |
Demo account sign-up fully digital | No deposit bonus not offered |
Sign-up completed in minutes | Demo account expires after 30-days |
MetaTrader offered | Clients from Iran, Cuba, Sudan, Syria, and North Korea not accepted |
The proprietary trading platform offered | Only one live account type offered |
Segregated client funds used | Fixed spread accounts not offered |
MetaTrader 4 & MetaTrader 5 offered | A limited number of trading instruments |
Commission-free trading offered on variable spreads | Self-regulated |
Transparent fee schedule | Spreads are not the tightest |
Zero commissions charged on variable spreads | Account base currencies are limited |
Low commissions charged on forex trading | Limited payment methods offered |
Competitive trading conditions | Currency conversion fees may apply |
No deposit fees or withdrawal fees charged | |
Islamic Account/Swap-free provided for Muslim traders | |
Low minimum deposit requirement | |
Reliable payment methods offered | |
No deposit fees charged |
Fullerton Markets Conclusion
Overall, Fullerton Markets offers Islamic swap-free trading on the standard account. Standard Swap-free and Extended Swap-free. Fullerton Markets offers Extended Swap-free status by default to all applicable trading accounts created by clients in non-Islamic countries.
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Frequently Asked Questions
Are there additional charges on the Islamic account?
No extra fees are clearly indicated by the Fullerton Markets’ website.
Which platforms are supported by Fullerton Markets?
MetaTrader 4 and MetaTrader 5.
Does Fullerton Markets offer the option of an Islamic Account?
Fullerton Markets offers the option of an Islamic Account for traders of the Muslim faith.
Which live trading accounts does Fullerton Markets offer?
Fullerton Markets offers only one individual live account type and an Islamic Account for Muslim Traders.
What is the minimum deposit for Fullerton Markets?
The minimum amount for a Fullerton Markets account is $ 100.