Fruition Limited is a brokerage company offering contract for difference (CFD) trading services. Its official website domain, fruiglobal.com, was registered on September 22, 2024. The platform's main business is to provide users with CFD trading across various financial markets, including forex, precious metals, energy, indices, and cryptocurrencies.
Platform Services
Trading Accounts
The trading accounts offered by fruiglobal.com have spreads starting from 1 pip, with maximum leverage up to 1:400. However, the website does not provide specific information about the minimum deposit amount, margin calls, and stop-out levels, nor does it detail trading commissions and related data.
Trading Platform
The platform offers users the ST5 trading tool, available in desktop and mobile versions. According to the platform description, ST5 provides powerful charting tools, which include over 50 technical indicators and intraday trading analysis tools.
However, after clicking the mobile app download link provided on the platform, the App Store displays the application as ACMJ, and the Google Play download link is inoperative.
Trading Products
The platform supports CFD trading for a variety of financial products, including:
- Forex Trading: Covers major currency pairs such as EUR/USD, USD/CAD, GBP/USD, and USD/JPY.
- Precious Metals Trading: Supports spot trading for gold (XAUUSD) and silver (XAGUSD).
- Oil Trading: Offers CFDs on US Oil (UsOIL).
- Indices Trading: Includes CFDs on major global indices like the Nikkei 225 (N225), Germany 30 (GER30), and the S&P 500 (US500).
- Cryptocurrency Trading: Supports trading pairs for various cryptocurrencies, including Bitcoin (BTC/USD), Ethereum (ETH/USD), Ripple (XRP/USD), among others.
Deposit and Withdrawal Methods
fruiglobal.com has not provided detailed information on its supported deposit and withdrawal methods.
Contact Information and Social Media
The platform does not offer any social media channels such as Facebook, Instagram, or Twitter. Users can only communicate with customer service through email or the online contact form available on the platform.
Company Background and Regulatory Information
Company Background
According to publicly available information on fruiglobal.com, Fruition Limited is headquartered in London, UK, with an address at 286 Euston Rd., London.
The company claims to be one of the top 50 largest financial services companies in the UK and asserts adherence to UK financial markets regulations to ensure investor fund safety. However, the broker’s website does not provide specific company registration details, nor does it explicitly state whether it is overseen by any financial regulatory body.
Verification of Regulatory Information
Upon investigation, a company named FRUITION LIMITED with a matching name was found on the UK Companies House website, registered on August 14, 2006, under registration number 05905149. Due to the absence of disclosed detailed company registration information on the platform, it cannot be confirmed whether this company is associated with fruiglobal.com.
Furthermore, a search on the UK Financial Conduct Authority (FCA) website did not return any records of authorization or regulation for Fruition Limited.
Conclusion
Although Fruition Limited claims to be a broker offering CFD trading, it lacks a valid corporate entity and is not directly regulated by any financial regulatory bodies, with some of the platform's information being inconsistent.
Risk Warning: CFD trading is high risk, and investors may face losses exceeding their initial investment. Market volatility and the use of leverage can lead to significant risks. Please fully understand the market, make decisions cautiously, and manage risks appropriately.
