Fusion Markets Review

Fusion Markets has a really good deal for Forex trading, where costs are low and there are no commissions for trading US stocks. Plus, they don’t charge extra fees for things like withdrawals or account maintenance. Traders can use the MT4/MT5 trading platform, get VPS hosting, and choose from various copy trading services, including one made by Fusion Markets. We’ve tested their platforms and tools thoroughly to see if they’re trustworthy or a scam. Keep reading to find out what we discovered

🏢 Headquarters Melbourne, Australia
📅 Year founded Founded in 2017 and launched trading from 2019,
🗺️ Regulation FSA (Seychelles), ASIC (Australia), VFSC (Vanuatu)
💻 Trading platform: MT4, MT5, cTrader, WebTrader
💰 Account currency: USD, GBP, EUR, JPY, CAD, SGD, THB, AUD
📊 Accounts: Demo, Classic, Zero, Swap Free
💵 Withdrawal: Wire Transfer, Credit Card, Debit Card, Paypal, Perfect Money, Neteller, Skrill, FasaPay, POLi, Multiple local methods, ThunderXPay
💵 Deposit: Visa, MasterCard (credit & debit), PayPal, Skrill, Neteller, Fasapay, Jeton Wallet, Perfect Money, Online Naira, Doku, Cryptos or bank wire
🚀 Minimum deposit: From $1
⚖️ Leverage: Up to 1:30 (for ASIC-regulated retail accounts), up to 1:500 (for VFSC and Fusion Pro ASIC-regulated accounts)
☪️ Islamic account (swap free) Yes (Swap-Free accounts)
🎮 Demo Account Yes
💱 Spread: From 0.9 pips (Classic), from 0 pips (Zero)
🔧 Instruments: Currency pairs (90+), CFDs on stocks (100), indices (12), metals (14), energy (3), cryptocurrencies (5)
📋 Orders execution: Market Execution
☎ Customer Support: 24/7
📚 Education Provided

Fusion Markets is a forex and CFD broker from Australia. It started in 2017. They offer three popular trading platforms: cTrader, MT4, and MT5. You can use these platforms on your computer, phone, or through a web browser. It supports different trading styles like EAs, Scalping, and Spike trading. They also have a feature called Copy Trading, which they call Fusion+. You can trade over 80 different forex pairs, cryptocurrencies, stocks, indexes, precious metals, and commodities with Fusion Markets.

They are regulated by ASIC, VFSC, and FSA-S, which means they follow certain rules to keep your money safe. Fusion Markets prides itself on offering low-cost trading. You can check their website for the latest information on spreads and commissions.

If you deposit money using Visa, MasterCard, or PayPal, they won’t charge you any fees. And if you trade US shares, there’s no broker fee.

Fees

When we look at brokers, one big thing we consider is how much it costs to trade with them, because it affects how much money we make. At Fusion Markets, traders get some of the lowest costs around. You can trade with “raw spreads” starting from 0.0 pips, and you pay a commission of $4.50 for every standard round lot you trade.

We don’t recommend the commission-free option, because it’s more expensive—about twice the cost at 0.9 pips or $9.00.

If you’re trading Equity CFDs, you don’t have to pay a commission at all. Fusion Markets also has low swap rates if you’re keeping positions open overnight with leverage. We also like that Fusion Markets doesn’t charge any extra fees for things like withdrawals or account maintenance. This makes Fusion Markets one of the cheapest brokers we’ve looked at, which is what they aim for.

Pros and Cons

Pros Cons
It’s regulated, so it’s trustworthy. There aren’t many educational opportunities.
Fees and spreads are low. You can’t use cent accounts.
There are no secret fees, like fees for putting in or taking out money, or for not trading. You can’t trade with bonus money.
You can pick from different types of accounts.
You can practice with a demo account.
You can use different trading platforms and apps.
People say the customer service is great.

Fusion Markets Regulation & Security

To keep your trading safe, it’s important to use a broker that’s regulated. This helps prevent fraud and bad practices. We suggest traders look for regulation and confirm it by checking the broker’s license with the regulator’s database. Fusion Markets offers clients three regulated entities and ensures a secure trading environment.

However, outside of Australia, Fusion Markets has limited regulatory oversight. It’s registered with the Vanuatu Financial Services Commission (VFSC) and the Financial Services Authority of Seychelles (FSA). Both of these regulators are not very strong.

Leverage

Fusion lets you borrow a lot of money for trading, up to 500 times what you put in. But if you’re trading under ASIC, the maximum is 30 times. New traders should be careful with margin trading. This is especially true if you trade globally and don’t get protection from losing more money than you put in.

If that protection is important to you, we suggest using a broker like AvaTrade. They not only offer protection from losing more than you invest, but they also have something called AvaProtect, which gives you extra safety with just one click.

Account Types

Fusion Markets offers two types of accounts: the Classic, which doesn’t charge commission, and the Zero, which charges commission. You don’t need to deposit a minimum amount, but most clients have around $1,500 or more. We suggest choosing the Zero account because it has trading fees that are up to 50% cheaper. You can choose your account currency from AUD, CAD, EUR, GBP, JPY, THB, SGD, and USD.

There’s also an Islamic account available without swap fees, but if you choose this, the minimum trading fees for the Classic account go up to 1.4 pips or $14.00 per lot, instead of $9.00. After seven days, Fusion Markets charges an admin fee ranging from $15 to $30.

Fusion Markets’ demo account is fully customizable and doesn’t have any time restrictions, which makes it perfect for all traders. You can open more than one and manage them from the Fusion Hub. To get the most realistic demo trading experience, we suggest setting up your demo account similar to how you plan to trade with a live account.

However, we want to warn beginner traders about using demo trading as their main educational tool. It’s important to know its limitations. Demo trading doesn’t give you the full experience of trading psychology and can create unrealistic expectations.

Deposits and Withdrawals

At Fusion Markets, there’s no minimum amount you have to deposit or withdraw, and there are no extra fees for processing payments inside the company. If you’re sending money internationally through a bank wire, there’s a fee of $20 to $30. Remember, there might be extra charges from third parties or for converting currency. You can choose from different payment processors, but some might only work in certain areas. The Fusion Hub shows only the ones you can use.

You need to have a verified trading account to deposit or withdraw money, and the name on your payment account has to match the one on your Fusion Markets account.

Fusion Markets doesn’t have a clear list of its deposit and withdrawal methods, showing all the details like how long it takes or what currencies are supported. We think this is something they should fix.

Trading Platforms

Traders have access to MT4 and MT5 trading platforms that can be customized. They can use them on desktops, in web browsers, and on mobile phones. These platforms support algorithmic trading and let you copy trades from others. MT4 is the most popular, offering over 25,000 custom indicators, plugins, and EAs, but some improvements cost money.

Fusion Markets provides one MT4/MT5 indicator that gives trading recommendations. It also offers advanced trading tools, but they’re only available from the back office. Using these tools with MT4/MT5 is not as efficient as having them directly in the platforms.

Research & Education

Fusion Markets offers research and trading signals with third-party partners, which is a good way to trade. But we wish they were in the trading platform, not just in Fusion Hub, the back office. They have three research tools: Analyst View, which shows easy-to-follow analysis and trading setups, Technical Insights, which gives a balanced analysis and may find trading chances, and Market Buzz, an AI service that looks at lots of articles to find trends and events.

Fusion Markets doesn’t have a good education for beginners. Although their blog and Technical Insights have some educational stuff, it’s not enough for beginners. This creates a gap compared to other brokers.

We suggest beginners learn trading from free online sources and focus on trading psychology instead of paying for courses or mentors.

Licenses

  • Fmgp Trading Group Pty ltd – authorized by ASIC registration no. 385620
  • Fusion Markets International Ltd – authorized by FSA registration no. SD096
  • Gleneagle Securities Pty Limited trading as Fusion Markets EN – authorized by VFSC registration no. 40256

Is Fusion markets Legit and Safe?

Fusion Markets started in 2017 and started taking clients in 2019. It serves clients from three regulated parts. Fusion Markets keeps its record clean when it comes to following regulations. It keeps client money separate from its own in HSBC and National Australia Bank. It also protects clients from losing more money than they deposited. Though it’s relatively new, we didn’t find anything suspicious in our review. We believe Fusion Markets will keep giving clients a safe place to trade as it grows and becomes one of the safest Forex brokers.

Conclusion

In conclusion, Fusion Markets is a reliable broker with a good reputation and it’s watched over by a top regulator in Australia. We really liked Fusion Markets because it has low trading fees and lets you choose from different payment options. It’s great for algorithmic traders who like high leverage and free VPS hosting. We don’t recommend this broker for people who trade in stocks and need a variety of assets. Overall, we think Fusion Markets is one of the best Forex brokers. We hope this review makes it easier for you to pick an online broker. 

FAQs

Is Fusion Markets trustworthy?

Yes, Fusion Markets is regulated by three authorities: the Australian Securities and Investment Commission (ASIC), the Vanuatu Financial Services Commission (VFSC), and the Financial Services Authority (FSA).

Is Fusion Markets good for day trading?

Yes, Fusion Markets is great for day trading. It offers superb charting platforms, fast execution speeds, and very tight spreads in the ZERO account.

How long does it take to withdraw money from Fusion Markets?

It takes 1-5 business days for credit and debit cards, depending on the card provider, and 2-5 business days for bank wires.

What country is Fusion Markets from?

Fusion Markets is from Australia.

Who is the CEO of Fusion Markets?

Phil Horner is the Founder and CEO of Fusion Markets.