fruitfulmarketsltd.com is a CFD broker registered on July 23, 2024, offering investment services in various markets such as forex, stocks, indices, futures, precious metals, and energy. This broker does not provide services in jurisdictions where it might violate local laws or regulations.
Company Registration Information and Regulatory Status
According to the information disclosed on its official website, the broker is registered in the UK under the company name FRUITFUL MEDIA LTD with the registration number 06220095, and claims to hold regulatory licenses in multiple countries.
Upon verification, the UK Companies House does list a company named FRUITFUL MEDIA LTD with the registration number 06220095. However, its actual official website is “www.fruitfulmedia.com,” not “fruitfulmarketsltd.com”. FRUITFUL MEDIA LTD is an internet marketing company, not a CFD broker.
Therefore, fruitfulmarketsltd.com is actually a fraudulent broker website impersonating another company and lacking valid regulation.
Trading Products:
fruitfulmarketsltd.com offers a variety of trading products, including forex, indices, commodities, stocks, and cryptocurrencies.
- Forex: Forex trading involves the exchange of different currencies, known for its high liquidity, allowing traders to profit from exchange rate fluctuations.
- Precious Metals: Precious metals trading usually involves spot markets, futures markets, and options markets. Due to their hedging function and value preservation, they attract significant interest from investors.
- Indices: Index trading allows speculation on the performance of entire markets or specific sectors without trading individual stocks, exploring diverse trading opportunities through popular indices and leveraging high potential returns.
- Commodities: Commodity trading covers key global market resources, permitting traders to buy and sell various raw materials including metals, energy, and agricultural products.
- Stocks: Stock trading enables investors to participate in the price fluctuations of publicly traded companies, earning profits from price changes based on company performance and dividends, without owning the actual stocks.
Account Opening Process
To open a trading account with fruitfulmarketsltd.com, visit the broker's official website, click “Register” on the homepage or in the upper right corner of the webpage, fill out your name and set up a login password as required, then submit. After verification, you can successfully register. It is worth noting that the account registration page of this broker is identical to those used by many fraudulent brokers.
Trading Account
fruitfulmarketsltd.com does not disclose information about account types, spreads, trading leverage, margin call/stop-out levels, trading commissions, minimum/maximum trading volume, maximum position/order volume, or minimum price precision on its official website.
Trading Platform
fruitfulmarketsltd.com provides users with the ST5 trading platform, claiming it has highly customizable features and supports MQL language for creating Expert Advisor (EA) trading systems. Users can trade over 90 forex and CFD products directly on this platform. However, it is usually associated with fraudulent brokers.
Deposits and Withdrawals
fruitfulmarketsltd.com supports deposits and withdrawals through wire transfers, debit/credit cards, and online payments.
Conclusion:
Traderknows warns investors that fruitfulmarketsltd.com is actually a scam broker posing as another company and lacks effective regulation. The website can only be contacted via email. Investors are advised to choose brokers with transparent information, strong regulation, and a good reputation to avoid unnecessary financial losses.
Currently, this broker is marked as "Suspicious" on Traderknows.
