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Forex broker Fullerton Markets adds Bitcoin as payment option

New Zealand-regulated forex and CFD broker Fullerton Markets said it is adding Bitcoin as a payment option for its clients.


According to the company CEO Mario Singh, the decision was driven by a large number of client requests to do so. According to Singh, it is interesting that despite Bitcoin losing 50% of its value in one month, the number of requests has not dropped.


Depositing in Bitcoin has its advantages, Singh noted. Firstly, the deposit transaction is almost instant and all transactions are verified universally by a blockchain technology that does not require sensitive personal information. Furthermore, Singh said, Fullerton Markets does not charge an additional deposit fee, except the mining fee, which goes directly to the miners.


“I’m really pleased that the team worked hard to integrate Bitcoin funding to add to our other payment options. To get this up before the upcoming Chinese New Year celebrations all over Asia is a bonus”, Singh said.


Fullerton Markets is regulated by New Zealand’s Financial Markets Authority (FMA) and its main focus is on the Asian continent. The broker offers one standard trading account, plus a swap-free Islamic account. Clients can trade on MetaTrader 4, on forex pairs and CFDs on oil and indices. The maximum leverage is 1:500.


In addition to Bitcoin, the broker offers numerous other payment methods like credit cards, bank transfers and local transfers for Thailand, China, Malaysia, Vietnam and Indonesia.

 

TAGS: fullerton markets  bitcoin 
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