Fusion Markets
Disclaimer:The information provided on this site should not be distributed or used by any individual in any country or jurisdiction where such distribution would violate local laws or regulations.
Popularity | |
Leverage | Up to 1:500 |
Minimum Deposit | $100 |
Regulation | ASIC, VFSC |
Payment Methods | Bank Transfer, Visa, MasterCard, Skrill, Neteller, Bitcoin |
Trading Assets | Forex, Commodities, Indices, Cryptocurrencies |
MT4 | ✅ |
MT5 | ✅ |
Spreads | Extremely low |
Average cost: EUR/USD | 0.03 pips |
Demo Account | ✅ |
Islamic Account | ✅ |
MAM | ✅ |
PAMM | ❌ |
CopyTrading | ✅ |
ZuluTrade | ❌ |
Scalping | Yes |
Signals | ✅ |
EAs/Robots | Available |
Negative Balance Protection | Yes |
Deposit Fee | ❌ |
Withdrawal Fee | ❌ |
Inactivity Fee | ❌ |
Year Established | 2017 |
Address | Level 7, 222 Exhibition Street, Melbourne VIC 3000, Australia |
Contact Information | Email: [email protected], Phone: +61 3 8376 2706 |
Mobile Trading APP | |
Rating | ★★★★★ 4,7 |
Website |
Pros and Cons
- Extremely low spreads on major currency pairs
- Access to MetaTrader 4 and MetaTrader 5 platforms
- No deposit and withdrawal fees
- Regulated by ASIC and VFSC
- Wide range of trading instruments including cryptocurrencies
- PAMM accounts not available
- ZuluTrade integration is absent
- Limited educational resources for beginners
- No 24/7 customer support
Introduction
In the dynamic world of online trading, selecting the right broker can be a daunting task.
Fusion Markets emerges as a compelling option, boasting competitive spreads, a wide range of trading instruments, and robust regulatory compliance.
This comprehensive review aims to dissect all aspects of the company, from its trading platforms to customer service, to help traders make an informed decision.
Open a free accountCompany Background
Established with the vision of making trading accessible to everyone, Fusion Markets is a relatively new entrant in the forex and CFD brokerage industry.
Headquartered in Melbourne, Australia, Fusion Markets has quickly gained a reputation for low trading costs and customer-centric services.
The company operates under the regulatory oversight of the Australian Securities and Investments Commission (ASIC) and the Vanuatu Financial Services Commission (VFSC), ensuring a secure trading environment.
Key Features:
- Regulation: ASIC, VFSC
- Minimum Deposit: $100
- Leverage: Up to 1:500
- Spreads: Starting from 0.0 pips
- Trading Platforms: MetaTrader 4, MetaTrader 5
- Instruments: Forex, Commodities, Indices, Cryptocurrencies
Trading Platforms
Fusion Markets offers its clients the choice between two of the most popular trading platforms in the industry: MetaTrader 4 (MT4) and MetaTrader 5 (MT5).
MetaTrader 4
- User-Friendly Interface: Ideal for both novice and experienced traders.
- Advanced Charting Tools: Offers a plethora of charting options and technical indicators.
- Automated Trading: Supports Expert Advisors (EAs) for automated trading strategies.
- Multi-Language Support: Available in multiple languages, catering to a global clientele.
MetaTrader 5
- Enhanced Trading Tools: Offers more indicators, timeframes, and graphical objects than MT4.
- Economic Calendar: Integrated directly into the platform for easy access to market news.
- Depth of Market (DOM): Displays bids and asks for a particular instrument.
- Improved Strategy Tester: For EAs, offering more precise backtesting capabilities.
Feature |
MetaTrader 4 |
MetaTrader 5 |
Charting Tools |
Advanced |
More Advanced |
Technical Indicators |
30 |
38 |
Timeframes |
9 |
21 |
Economic Calendar |
No |
Yes |
Depth of Market |
No |
Yes |
Automated Trading |
Yes |
Yes |
Trading Accounts
Fusion Markets aims to cater to a wide array of traders by offering two main types of trading accounts: Zero and Classic.
Each account is tailored to suit different trading styles and strategies, from those who prefer ultra-low spreads with a commission per trade to those who favor a commission-free model with slightly wider spreads.
Zero Account
The Zero Account is designed for traders looking for the tightest spreads, starting from 0.0 pips on major currency pairs.
It’s particularly suited to scalpers and high-volume traders who can benefit from the lower cost of trading, even when considering the commission.
Key Features:
- Spreads: From 0.0 pips.
- Commissions: $4.50 per standard lot per side.
- Minimum Deposit: $100.
- Leverage: Up to 1:500.
- Trading Instruments: Access to more than 700 trading instruments, including Forex, Commodities, Indices, and Cryptocurrencies.
- Platform: MetaTrader 4 and MetaTrader 5.
Classic Account
The Classic Account, on the other hand, offers a commission-free trading experience, with spreads starting from 0.8 pips.
This account is well-suited to new traders or those who prefer a simpler cost structure for their trading activities.
Key Features:
- Spreads: From 0.8 pips.
- Commissions: None.
- Minimum Deposit: $100.
- Leverage: Up to 1:500.
- Trading Instruments: Includes the full range of instruments available.
- Platform: Available on both MetaTrader 4 and MetaTrader 5.
Comparative Table of Trading Accounts
Here’s a comparative overview of the Zero and Classic accounts to help visualize the differences:
Feature |
Zero Account |
Classic Account |
Spreads |
From 0.0 pips |
From 0.8 pips |
Commissions |
$4.50 per lot |
None |
Minimum Deposit |
$100 |
$100 |
Leverage |
Up to 1:500 |
Up to 1:500 |
Trading Platforms |
MT4 & MT5 |
MT4 & MT5 |
Trading Instruments |
Full range |
Full range |
Additional Account Features
Both account types offer several additional features to enhance the trading experience:
- Demo Account: Traders can test their strategies in a risk-free environment with a demo account loaded with virtual funds.
- Islamic Account Option: Fusion Markets provides an Islamic account option for both account types, catering to traders who require swap-free accounts in accordance with Islamic finance principles.
- EAs and Scalping: Both accounts fully support the use of Expert Advisors (EAs) and scalping strategies, making them versatile choices for automated trading and fast-paced trading techniques.
Choosing the Right Account
Deciding between the Zero and Classic account should be based on your trading strategy, volume, and preference regarding spreads and commissions.
High-volume traders and scalpers might prefer the Zero account for its lower spreads, despite the commission costs.
In contrast, traders who execute fewer trades or are just starting might find the Classic account’s commission-free model more appealing.
Open a demo accountTrading Instruments
Fusion Markets provides a diverse range of trading instruments, allowing traders to diversify their portfolios across different markets.
- Forex: Over 90 currency pairs, including major, minor, and exotic pairs.
- Commodities: Trade precious metals like gold and silver, along with energy commodities such as oil and gas.
- Indices: Access to global stock market indices.
- Cryptocurrencies: Offers trading in popular cryptocurrencies including Bitcoin, Ethereum, and Litecoin.
Fees and Costs
The broker stands out for its competitive pricing structure, aiming to provide the lowest possible trading costs.
- Spreads: As low as 0.0 pips on the Zero account.
- Commissions: $4.50 per lot on the Zero account; no commission on the Classic account.
- Overnight Fees: Swap rates apply for positions held overnight, which can be viewed directly from the trading platforms.
- Non-Trading Fees: No deposit or withdrawal fees. No account inactivity fees.
Leverage
- Offers leverage up to 1:500, allowing traders to control larger positions with a smaller capital.
- Leverage is a double-edged sword that can significantly increase both potential profits and losses.
Regulatory Compliance
Fusion Markets operates with a strong commitment to regulatory compliance and transparency, ensuring a secure trading environment for its clients.
It is regulated by two major regulatory bodies:
- Australian Securities and Investments Commission (ASIC): Ensures compliance with financial services laws, offering protection to traders in Australia and globally.
- Vanuatu Financial Services Commission (VFSC): Offers an additional layer of oversight, underpinning their commitment to regulatory standards.
Key Takeaways:
- Client funds are held in segregated accounts, separate from the company’s operational funds.
- The company adheres to strict financial reporting and risk management standards.
- Regulatory oversight ensures that the broker operates with integrity and transparency.
Deposit and Withdrawal Methods
Fusion Markets makes funding and withdrawing from your trading account a hassle-free process, offering various methods to suit traders’ preferences.
Deposit Methods:
- Bank Transfer: Traditional bank wire transfers.
- Credit/Debit Cards: Visa and MasterCard accepted.
- E-Wallets: Including Skrill, Neteller, and Bitcoin.
Withdrawal Methods:
- Withdrawals are processed using the same methods as deposits.
- No deposit or withdrawal fees charged.
- Processing times may vary depending on the method, with e-wallets generally offering the fastest withdrawal times.
Customer Service
The company places a high priority on customer satisfaction, offering multiple channels of support to address clients’ needs.
- Live Chat: Available on their website for immediate assistance.
- Email Support: Dedicated support email for detailed inquiries.
- Phone Support: Direct lines available for more personalized assistance.
Customer Support Highlights:
- Responsive and knowledgeable support team.
- Support available in multiple languages.
- Comprehensive FAQ section on the website for quick answers to common queries.
Educational Resources
While Fusion Markets primarily caters to experienced traders, it also provides a range of educational resources suitable for beginners.
Resources Offered:
- Webinars: Regular webinars covering various trading topics and market analysis.
- Trading Guides: Educational guides on trading strategies, market analysis, and risk management.
- Demo Account: A risk-free demo account loaded with virtual funds, allowing new traders to practice trading in a simulated environment.
Learning Experience:
- The educational content is designed to help traders at all levels strengthen their trading skills and understanding of the financial markets.
- Resources are accessible and free of charge for all clients.
Conclusion
Fusion Markets stands out as a competitive option in the crowded online brokerage space, distinguished by its low trading costs, comprehensive range of trading instruments, and robust regulatory framework.
The broker’s offering of advanced trading platforms, combined with its commitment to transparency and customer service, makes it a compelling choice for both novice and experienced traders alike.
In weighing the advantages against the few drawbacks, such as the limited availability of educational resources for beginners, it becomes clear that the broker prioritizes a trading environment where efficiency, low cost, and customer satisfaction are paramount.
Whether you’re looking to trade forex, commodities, indices, or cryptocurrencies, Fusion Markets provides a solid foundation for your trading journey.
As the trading landscape continues to evolve, their commitment to improving and adapting its services to meet the needs of its global clientele will undoubtedly remain a key driver of its success.
With its competitive spreads, diverse market access, and regulatory assurance, it is well-positioned as a broker of choice for traders seeking a reliable and cost-effective trading partner.
This comprehensive review covers key aspects of Fusion Markets, designed to provide traders with the information needed to make an informed decision.
For those interested in exploring further details about specific trading strategies, platform functionalities, or the latest market analysis, their website and customer support team are valuable resources.
Visit official website: www.fusionmarkets.comUser Reviews
Featured Video: cTrader explained
Frequently Asked Questions (FAQ)
What trading platforms does it offer?
Fusion Markets offers both MetaTrader 4 and MetaTrader 5 platforms, catering to the needs of various traders with different levels of experience and trading strategies.
Are their spreads competitive?
Yes, Fusion Markets is known for its extremely low spreads, particularly on major currency pairs, making it an attractive option for traders looking to reduce trading costs.
Does Fusion Markets charge deposit or withdrawal fees?
No, the company does not charge any deposit or withdrawal fees, ensuring that traders can manage their funds efficiently without incurring extra costs.
Is Fusion Markets regulated?
Yes, the company is regulated by the Australian Securities and Investments Commission (ASIC) and the Vanuatu Financial Services Commission (VFSC), ensuring a high level of security and fairness for traders.
Can I trade cryptocurrencies?
Yes, Fusion Markets offers a range of cryptocurrency pairs for trading, allowing traders to diversify their portfolios with digital assets.
Does the broker offer a demo account?
Yes, Fusion Markets provides a demo account option for traders who wish to practice their trading strategies in a risk-free environment before trading with real funds.
Is customer support available 24/7?
No, it does not offer 24/7 customer support. However, their customer service team is available during regular business hours and is known for being responsive and helpful.
Resources
Our experts
This article has been written, edited and reviewed by the following members of our team:
Last update: April 27, 2024