Hello Wootfi.com Visitors Today WE Covered Fusion Markets Review. Please Read Our All review to know more about Fusion Markets Broker .
About Fusion Markets
Fusion Markets is a young broker from Australia. It was created in November 2017 and began to provide full services in 2019. The company offers to trade in currency pairs and CFDs. Headquartered in Cremorne, Melbourne, Australia, the broker is regulated by ASIC (Australian Securities and Investment Commission) and VFSC (Vanuatu Financial Services Commission).
Fusion Markets was founded by veterans of the Australian forex industry. With a combined experience of 50 years, the mission is to create a broker that adheres to a few simple principles. The Vision is to provide access to the world’s markets easy, fast and at a radically lower cost than what exists in Australia today. They aren’t just satisfied with being a low-cost provider, we want to permanently change traders’ expectations of their broker.
Fusion Markets at a glance
| Minimum Balance | $1 |
| Min Order | 0.01 |
| Trading Fees | Low |
| Regulated | ASIC, VFSC |
| Publicly Traded (Listed) | Yes |
| Bank | Yes |
| Mobile App | No proprietary app currently available |
| Customer Support | Phone, email and live chat support 24/7. In person at local branches. Support also available via text, Facebook Messenger, Twitter direct message, Apple Business Chat and Amazon Alexa. |
| Platform | MT4, MT5 |
| Official Website | Click Here To Visit |
How To Create Account At Fusion Markets
Fusion Markets offers many different account types with no minimum deposit requirements, which means US citizens of all financial backgrounds can sign up.
Deposit and withdrawal function of Fusion Markets
Fusion Markets offers a range of payment methods – some are country specific, particularly in the Asia Pacific region such as Thailand and Malaysia where tailored payment options are available.
The popular methods of Visa, Mastercard and bank transfer are available across the board. Fusion Markets has also continued to expand the choice of payment methods available, including PayPal, Skrill, Neteller, FasaPay, Jeton Wallet, Perfect Money, Online Naira, Doku, and cryptos. Withdrawal methods are the same as deposits.
There are no fees on deposits. These have been waived for both credit and debit cards as part of the company’s commitment to keeping costs to a minimum. However, traders should be aware of extra fees their bank may decide to charge.
Spreads & Commission
The broker offers minimum spreads of 0.00 on a number of popular currency pairs, including AUD/CAD, AUD/CHF, AUD/JPY, AUD/NZD, and AUD/USD. Even when we look at their average spreads, we see figures of just 0.55, 0.31, 0.36, 0.69, and 0.05 respectively.
Our experts also found that their commission rates for the Zero account are notably low. For example, were you to trade one standard lot of forex and precious metals, you would pay only $4.50 AUD to do so.
This means that, if you are looking for a cut-price alternative to most other brokers on the market, Fusion Markets may well be the company you have been searching for.
Fusion Markets leverage Review
As part of their commitment to providing a flexible service, Fusion Markets gives the trader the chance to choose their own leverage, up to a maximum of 1:500.
Retail clients under ASIC regulation, however, have their leverage capped at 1:30 for major forex pairs, 1:20 for minor forex pairs, 1:20 for indices, 1:20 for commodities and metals, 1:10 for shares, 1:5 for CFDs, and 1:2 for cryptocurrencies.
Trading Platform
MetaTrader 4
MetaTrader 4 is the industry standard in FX trading. It is fast, convenient and extremely stable. While many brokers offer this platform to clients, it is important to note that it initially comes as an empty shell. It is what the broker puts into it that makes it so compelling.
Trade via your iPhone, Android or tablet with the MetaTrader 4 apps for mobile for free. With the MetaTrader 4 app, you can manage your account, open or close a position, check live pricing, as well as use all the most popular analytical tools you would normally be able to if trading via a desktop.
MetaTrader 5
MetaTrader 5 is the latest platform provided by MetaQuotes and powered by Fusion Markets. Designed from the ground up to be multi-asset and able to connect to multiple exchanges and new markets.
Regulation & Licensing
One area where Fusion Markets excels is in its strict regulation. Licensed as a securities dealer with the Australian Securities and Investments Commission (ASIC), the company is as safe as they come. Traders can have full faith that the broker is legitimate and not a scam.
This is because the Australian Securities and Investments Commission set strict criteria. These include a minimum capital requirement of one million AUD. In addition, brokers regulated by the financial body must file regular reports, which undergo third-party audits.
The company is also regulated by the Vanuatu Financial Services Commission (VFSC) and client money is kept in segregated bank accounts.
Like many other top-tier forex brokers, Fusion Markets also offers a high degree of transparency, with everything from their ACN and ABN numbers through to their license documentation, registered address, and regulator listed online.
High Grade Features Which Offer By Fusion Markets
Trading Platforms
Fusion Markets offers access to the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms, which are widely recognized as industry-standard platforms for forex and CFD trading.
Low Spreads
Fusion Markets offers competitive spreads on its trading instruments, which can help traders minimize their trading costs.
Leverage
Fusion Markets offers flexible leverage options, allowing traders to choose the level of leverage that suits their trading style and risk appetite.
Financial Instruments
Fusion Markets offers a range of financial instruments, including forex, indices, commodities, and cryptocurrencies, giving traders a wide range of options to trade.
Customer Support
Fusion Markets provides 24/5 customer support via live chat, email, and phone, ensuring that traders can get help when they need it.
Risk Management
Fusion Markets offers tools such as negative balance protection and stop-loss orders to help traders manage their risk and protect their trading capital.
Fund Safety
Fusion Markets follows strict security measures and implements the latest technology to ensure that its clients’ funds are safe and secure.
Education and Training
Fusion Markets provides educational resources, including trading guides and webinars, to help traders improve their trading skills and knowledge.
Safety & Security
As a fully licensed and regulated securities broker, Fusion Markets takes its clients’ safety and security seriously. Their website has a collection of essential legal documents present, including a Privacy Policy which states that it has been amended not only in accordance with the Australian Privacy Principles, but in line with European and UK legislation too. This means that your personal data is fully protected.
Contact Details & Customer Support
Should you wish to contact Fusion Markets, they can be reached via various channels:
- Email – [email protected]
- Phone number – +61 3 8376 2706
- Address – Level 10/627 Chapel St, South Yarra VIC 3141, Melbourne, Australia
Pros & Cons Of Fusion Markets Review
| PRO | CONS |
|---|---|
| The available minimum deposit is $1. | In addition to the standard set of trading instruments, there is no possibility to trade real stocks, futures, or options. |
| Support for copying services for passive investing. | There is no educational information or proprietary analytics on the broker’s website. |
| Low trading fees, no deposit fees. | The Vanuatu regulator, under which the broker division operates, does not have a solid track record. |
| Support with multiple communication channels. | |
| Fast registration and convenient trader’s office. | |
Fusion Markets Conclusion
Fusion Markets is a broker with many pros. Offering spreads starting from 0.0 pips (Zero account) and zero commissions (Classic account), their commitment to cutting costs is evident. The brokerage is also a properly regulated outfit by the ASIC and VFSC, offering a variety of trading platforms, no fees on deposits, and multiple asset classes.
Frequently asked questions
What Is Fusion Markets?
Fusion Markets is a multi-asset online trading platform that offers access to various financial markets, including forex, stocks, commodities, indices, and cryptocurrencies.
Is Fusion Markets regulated?
Yes, Fusion Markets is regulated by the Australian Securities and Investments Commission (ASIC).
What type of trading accounts does Fusion Markets offer?
Fusion Markets offers three types of trading accounts: a standard account, a pro account, and a demo account. The main difference between the three accounts is the level of trading experience and the features offered.
What types of trading instruments are available on Fusion Markets?
Fusion Markets offers a wide range of trading instruments, including currency pairs, stocks, commodities, indices, and cryptocurrencies.
