Recalculated 2026-11-02 · Established 2015 · Fullerton Markets International Ltd
Fullerton Markets — South Africa
Fullerton Markets is rated 2.64 out of 5 by our formula (Rank #57 of 70) for traders in South Africa: round turn 7 USD, residents accepted — Through an offshore entity.
Suits you if a swap-free account is available · it runs 3 trading platforms · it has been trading for 11 years
Look elsewhere if it holds no licence issued in South Africa · you are onboarded by an offshore entity, not a local one
Key facts (8)
- Who actually onboards you
- Fullerton Markets International Ltd
- Licence number
- not stated
- Established
- 2015
- Min deposit, USD
- —
- Platforms
- MT4 · MT5 · CopyPip
- Local funding
- No verified ZAR local transfer; cards/wire; loca
- Max leverage
- 500geo
- EURUSD
- 0.8 pipsgroup
Accounts (3)
1 of 3 accounts with a published cost per lot
1 of 1 shown
Click a column heading to sort. Figures are list terms, no promo codes.
| Broker · account | Min deposit, USD | Spread | Commission | Cost per lot | Swap-free |
|---|---|---|---|---|---|
| Fullerton MarketsRaw Spreads | — | 0advertised | 8per standard lot | 8round turn, USD | — |
No published cost per lot:
| |||||
This broker against the South Africa middle (81 of 104)
| Fullerton Markets | South Africa median | |
|---|---|---|
| Round turn, USD | 7.0 USD | 7.0 USD |
| Min deposit, USD | — | 50.0 USD |
| Max leverage | 500geo | 500.0geo |
| Withdrawal, h | 1-3 business daysgroup | 24.0 h |
| EURUSD, standard | 0.8 pipsgroup | 1.0 pips |
| EURUSD, raw | 0.0 pipsgroup | 0.0 pips |
| Established | 2015 | 2009.0 |
| Platforms | 3 | 3.0 |
Onboards residents through an offshore entity
Unregulated offshore; not authorised by FSCA. No specific FSCA alert on Fullerton verified.
56 of 104 brokers in our base hold a licence issued in South Africa. That is a fact about the market, not about Fullerton Markets.
- Who actually onboards you
- Fullerton Markets International Ltd
- Licence number
- —
- Local licence
- no
- Checked
- 2026-07-09
Score (6/6 axes)
A weighted average of the axes below. Each axis is measured on the same scale as the score itself, and carries the weight shown beside it.
Check:25.0% × 3.25+ 20.0% × 4.50+ 20.0% × 0.50+ 15.0% × 2.00+ 10.0% × 2.75+ 10.0% × 2.50= 2.64
Ranked against brokers measured on every axis
Licence check
- Licence number
- —
- Checked
- 2026-07-09
Who actually onboards you
Fullerton Markets International Ltd
Offshore entity
Fullerton Markets International Ltd (FMIL), offshore, serves ZA clients.
What each account gives you
Standard/ECN-style accounts; specific tiers not verified at review.
Cost per round turn, and the South Africa middle (81 of 104)
raw+commission
Client-money protections
Cards, wire; min deposit not verified at review.
What the broker publishes about payouts
Trading software and asset classes (3)
MT4 · MT5 · CopyPip
FX, metals, indices, crypto, shares.
Reviews
Fullerton Markets Trustpilot page, with an overall rating of 4.3 out of 5
Where it wins, where it loses
Pros (1)
- Swap-free account available
Cons (3)
- Round turn 7.0 USD against a South Africa median of 7.0
- No local licence: the client is onboarded by a foreign entity
- Minimum deposit for this country not published
Where it does not serve
Ethiopia, Iran, Japan, North Korea, Sri Lanka, Tunisia, Trinidad and Tobago, United States, Yemen, Serbia
Methodology
the weighted mean of six axes, each on the same 0–5 scale · reviews 25%, cost 20%, safety 20%, payouts 15%, track_record 10%, platforms 10%
Sources (3)
3 sources, read on 2026-07-09. Ordered by weight of evidence: regulator registers first, then the broker's own documents, review platforms and aggregators.
- Regulator registers
- 1fsca.co.zafsca.co.za · domainRegister
- The broker's own documents
- 2fullertonmarkets.comfullertonmarkets.com · domainBroker
- Aggregators and directories
- 3wikifx.comwikifx.com · domainAggregator
FAQ (5)
Does Fullerton Markets accept residents of South Africa?
Through an offshore entity.
Which entity onboards a South Africa client of Fullerton Markets?
Fullerton Markets International Ltd
What licence does Fullerton Markets hold for South Africa?
No licence number is published for this country.
What does one EURUSD lot cost at Fullerton Markets?
7.0 USD per round turn against a South Africa median of 7.0 USD, measured on 81 of 104 brokers.
How long does a withdrawal from Fullerton Markets take?
Fullerton Markets publishes 1-3 business days. Their own wording: “Withdrawal requests are typically processed within 1-3 business days”.