Fruitful foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://fruitfulmarketsltd.com/en, about the company's legal and temporary regulatory information, the company's address 123 Main Street Suite 456 Cityville, State 78901 United States.
Fruitful Forex Broker
Basic information
United States
1-2 years Suspicious Regulatory License Suspicious Scope of Business High potential riskCompany profile
Note: Fruitful's official website: https://fruitfulmarketslspan.com/en is currently inaccessible normally.
Fruitful Information
Fruitful, founded in 2024, is a brokerage registered in the United Kingdom. It provides forex, stocks, indices, futures, precious metals, energy. It is unregulated.
Pros and Cons
| Pros | Cons |
| Lots of instruments | No regulation |
| Multiple payment methods | No account information |
| No commissions | Inaccessible official website |
| Low spreads | No MT4 supported |
| ST5 supported |
Is Fruitful Legit?
It is clear that Fruitful is currently unregulated.
What Can I Trade on Fruitful?
Fruitful offers traders forex, stocks, indices, futures, precious metals, energy to trade.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Indices | ✔ |
| Futures | ✔ |
| Metals | ✔ |
| Energy | ✔ |
| Commodities | ❌ |
| Shares | ❌ |
| ETFs | ❌ |
| Cryptocurrencies | ❌ |
| Currencies | ❌ |
| Options | ❌ |
Fruitful Fees
Fruitful charges no commissions for per trade. Its spreads are low. But there is no more information about spreads.
Trading Platform
Fruitful's trading platform is ST5 platform, which supports traders on PC, Mac, iPhone and Android.
| Trading Platform | Supported | Available Devices |
| ST5 | ✔ | Web, Mobile |
| MT4 | ❌ | |
| MT5 | ❌ |
Deposit & Withdrawal
Fruitful provides 3 types of deposit and withdrawal methods - wire transfers, credit/debit cards, and online payment.
Rating Index
Fruitful Similarly Rated Brokers
Latest Reviews
FX3291457732
Malaysia
I believe in a man I met online and he invited me to deposit money and operate with him to make quick money for my child's education. After depositing money several times, he made profits for me. But now when I requested a withdrawal from customer service, they told me that I have to pay USD 4190 in taxes to the Malaysian government? The man is unwilling to help me pay the taxes, and now he is asking me to repay his principal. Please, I invested much less than him and now I don't have the money to pay the taxes.
Exposure
2024-09-08
FX1698451843
United States
Previously, it was said that after completing the rebate activity and reaching three times the trading volume, you can freely withdraw funds. However, after completing the withdrawal requirements, it was said that a 20% tax payment is required. Later, it was received a notification from the police that the merchant account provided to him is under investigation for fraud. After checking, all the accounts provided by the platform are reported to be high-risk and suspicious accounts.
Exposure
2024-08-12
Watty
Hong Kong
A young man said he could help me make money. Initially, I deposited US$3000 and made some profitable trades. I was able to successfully withdraw funds. Later, I increased my deposit to US$30,000 and continued to trade and make profits, earning approximately US$47,000. However, when I requested a withdrawal, it was unsuccessful. The customer service informed me that since my profits exceeded US$15,000, I needed to pay a 30% tax, which amounted to approximately US$13,000. I was given a deadline of 3 days to submit the payment, otherwise a 5% penalty would be deducted from my account daily. This withdrawal requirement was not mentioned anywhere on the platform. I was only informed about it when I requested the withdrawal, which is clearly fraudulent. I haven't paid the tax, and I don't know what to do now that 5% is being deducted from my account every day.
Exposure
2024-10-10