Fullerton Markets is risky?

http://www.fullertonmarkets.com/

Dear Investor,

After checking, we found that Fullerton Markets is not properly regulated, and we advise you not to use this platform.

Although the company says it is registered in New Zealand and the British Virgin Islands, our investigation shows it does not have a valid license to operate as a financial or forex trading provider. First, we have verified that Fullerton Markets Limited is listed on the Financial Service Providers (FSP) Register, but this is merely a business registration, and it does not mean the company is licensed or supervised by this financial authority.

We also checked the British Virgin Islands Financial Services Commission (BVI FSC) licensing database. However, we are unable to find Fullerton Markets in their list of regulated companies, neither. This means the platform likely has no real financial license. 

Additionally, we found that Fullerton Markets appears on the warning list of the Securities Commission Malaysia (SC). The SC has stated that the company is operating financial services in Malaysia without proper authorization. Being listed by a regulatory body as an unapproved entity further confirms the potential risks involved.

We therefore strongly recommend avoiding Fullerton Markets until it is clearly regulated by a trusted authority.