Fusion Markets Broker Review Forex & Stock Trading at Fusion Markets

Five-star reviews account for 82% of all consumer reviews of Fusion Markets compared to 4% for 1-star scores. Use cutting-edge technology to help deliver a seamless trading experience. We believe trading should be accessible to all, so we have no minimum account size requirements for you to open an account. Retail traders in Australia will have restricted leverage because of ASIC regulations.

However, professional clients (Fusion Markets Pro) or clients trading under the Vanuatu regulation avatrade review do not get negative balance protection. Some brokers such as XM will extend this safety across the client base. With no apparent in-house analysis content, there is also no education content for traders (aside from extremely limited content on “Our Blog”). Often brokers will buy in third party content, either in the form of video or written content, to cover basic trading education. This is not present with Fusion Markets (perhaps it is something they will look to provide as they grow).

• Although there is a lack of variety with regards to platform options, MT4/MT5 is pretty much ubiquitous in the world of forex brokers.
• This simplicity ensures that traders can access the same competitive spreads and trading conditions, creating a level playing field for all users.
• For the sake of comparison, the example assumes you open and close the trade at the same price.
• If you want to trade stocks, especially stocks beyond the US, an alternative will also be better.

Traders that place orders less often and spend more time calculating and waiting for the right opportunity to come, do not care much about spreads; they care more about commissions. Fusion Markets was able to lower costs by 36% compared to other Australian-based forex brokers. Australian FX traders can find excellent trading conditions and top-level customer support experience.

BestBrokers.com is free to use for everyone and it may earn a commission from some of the listed trading platforms with no additional cost to you. With Fusion Markets, the content that traders have to generate trading ideas and improve their knowledge is a mixed offering. On the research side, logging into the client portal there is a wide selection of useful content to wade through. However, when it comes to education, they are lacking somewhat. One of the core values is to “Smile” and for them to not take themselves too seriously.

Indices trading on Fusion Markets

He has also published a book in 2023 on on investing and trading. The leverage available will depend on your region, the product you are trading, and your client type – Retail or Pro. Fusion Markets excels in customer support with its 24/7 availability. Regardless of your location, you can contact them through multiple channels and receive a prompt response. Clients who are not based in Australia will have to sign up with a subsidiary of Fusion Markets. This entity is Gleneagle Securities Pty Limited (“Fusion Markets EN”), which is a registered Vanuatu company (Company Number 40256) and is regulated by the VFSC.

The registration and account opening processes are fully digital and the broker provides a user-friendly page to help you along. In order to meet the needs of different trader types, Fusion Markets offers ZERO and Classic trading accounts. The ZERO account type holders enjoy no spread markups, but they are charged with commissions. Classic account holders do not experience commissions, but spreads start from 0.8 pips. Let’s discuss each type in detail to see which may fit you best. From the start, Fusion Markets’s vision is not just to be a low-cost provider but to give traders access to markets at a much lower cost than the standard.

Customer Support

However, international bank wires will typically take 2 to 3 days to clear (but could be as long as 5 business days). It is also worth noting that there are also Mini and Micro pip values available. However, there is a downside too, as you lose the negative balance protection that retail clients are afforded.

Fusion Markets Comparison Table

Products such as wheat, coffee, sugar, and cocoa are available to trade with Fusion Markets with no commissions or exchange fees. Fusion Markets provides various flexible options for funding your account, with no fees or minimum amounts required. The service is free as long as you trade at least 2.5 lots of forex or metals per month. When this condition is not met, you’ll need to pay a $10 per month fee to cover Fusion’s hosting costs, though this is still reasonable. Fusion Markets has also enhanced its platform offering by introducing TradingView.

Safety & Security of Fusion Markets

Please reach out to our support team at email protected if you have any questions. They do not offer investor protection, but they do provide negative balance protection for clients under ASIC. Fusion Markets charges a commission of $2.25 per lot, per side, for every 100k traded. This is 35% lower than the industry average of $3.50 charged by other brokers. If you have not previously used MT4 or you want to trade shares, then you may prefer MT5. MT5 offers 21 timeframes and 6 pending order types, while MT4 only has 9 timeframes and 4 pending order types.

When picking your broker the most important aspect to look for is safety and security of your funds. You need luno exchange review to be able to fully entrust your hard-earned money to the company before making a deposit. The best way to know whether your broker is trustworthy or not is how well-regulated it is.

Additionally, if you want to open a live trading account with Fusion Markets, it only takes up to 5 minutes. The Demo account is available for both ZERO and Classic accounts. In addition, traders use a demo account to create or improve trading strategies. When demo trading, everything is similar to live trading with the only difference being that the money is not real and there are no financial risks.

• It has superb charting platforms, fast execution speeds, and very tight spreads in the ZERO account.
• You will find most of the big brokers will look to set themselves apart by offering a proprietary trading platform.
• My only gripe is the lack of education – I use IG’s Academy instead.

There are more than 100 to choose from, trading via the MT5 platform. We would put Fusion Markets right up there amongst leading liteforex review brokers such as Forex.com and OANDA for the availability of forex instruments. Fusion Markets do not set this charge, as it is calculated by its prime broker and liquidity partners.

Fusion Markets distinguishes itself with a customer-centric approach, placing emphasis on providing efficient and friendly customer support. Traders can reach out to the support team through live chat, email, or phone, ensuring prompt assistance with any queries. Fusion Markets aims to foster a positive trading environment by prioritizing the needs of its clients. Weak points for me are the limited educational tools and narrow suite of shares.

With Fusion Markets, we like the fact that there are no restrictions on withdrawals and can be done at any time. A wider selection of US, European and Asian markets are often available, whilst some brokers will also offer synthetic basket indices too. We would see maybe 15 to 20 indices as being the average amongst peers. Mobile traders keen on technical analysis will benefit from 65 commonly used technical indicators, 5 chart types, and 16 charting tools.