Our Products & Trading Accounts Offered

To help engender this, “White Glove Support” where live account holders have their own trading specialist available to help limefx navigate the trading platform. This is a great service that beginners would certainly benefit from. Fusion Markets Pro clients also have a dedicated account manager. Getting money out of your trading account can be a hassle with some brokers.

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• This won’t be an issue for advanced day traders but for beginners, education is an area where online brokers can really enhance the trading experience.
• On the downside, it doesn’t have the track record of the most trusted brokers, as it was only established in 2017.
• 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.
• Even taking the average spread of a EUR/USD trade (0.03 pips), the total trade cost at Fusion Markets is much better.
• When I opened a Fusion Markets live account I was not offered a welcome bonus.

You can speculate on popular cryptocurrencies, such as BTC/USD, BCH/USD, ETH/USD, LTC/USD, DOGE/USD, etc. It is, however, worth noting that Fusion Markets rely on third party providers for their research content. There are no views or market strategy pieces written by any in-house analysts. MetaTrader 4 (MT4) – is available in over 40 languages and is good for charting and technical analysis indicators.

Forex trading on Fusion Markets

Fusion Markets has partnered with third-party server hosting services for trading in the world’s biggest financial centres. Use the calculator below to compare Fusion Markets’ trading costs with competitors such as Pepperstone, Eightcap and CMC Markets, adjusting for trade size, currency pair, and base currency. A major perk of Fusion Markets is their remarkably low commission fees, priced at just alvexo review $2.25 per lot, per 100k traded. This commission fee is significantly below the industry average and approximately 35% lower than the $3.50 charged by competitors such as Pepperstone and IC Markets. Our 0.0 average spreads and low commissions put you in the driver’s seat. Stop paying too much to trade and join a broker that gives you control of how much you pay.

Can I Trust Fusion Markets?

For example, the EUR/USD spread averages 0.02 pips, which is lower than the rest of the brokers included in our comparative analysis below. In conclusion, Fusion Markets distinguishes itself as a broker that combines innovation and affordability to meet the diverse needs of traders. Whether you’re a beginner looking for a user-friendly platform or an experienced trader seeking cost-effective solutions, Fusion Markets provides a compelling option. On the plus side, there is no minimum deposit, a free demo and commission-free trading in the Standard account that keeps pricing straightforward.

FAQs on Fusion Markets

For this reason, there is a minimum bank wire transfer of $30 to cover this eventuality. Withdrawals are processed within one business day (and same day if before 11am AEDT). This is a prompt service that reflects the strong customer support with Fusion Markets. The funds will then appear within 1 to 5 business days for debit/credit cards and 2 to 5 business days for wire transfers. There are around 160 instruments to choose from, with around half being forex. There is also a batch of US CFDs, with a limited number of indices, commodities and cryptocurrencies ( Bitcoin, Etherium, Dash, Ripple and Litecoin ).

On the broker’s MT4 platform, clients can take advantage of an execution speed of 0.02ms on every trade. One of the new forex brokers, Fusion Markets has shaken the industry by focusing solely on a no-frills, fastest execution speed, and lowest costs. We visited, tested, and reviewed the broker to see if the broker really stands up to their claims. In contrast, category leaders like eToro and IG have dedicated academies with beginner-friendly resources available via articles, videos, webinars, courses and more. Alongside their free demo accounts and low minimum deposits, it’s hard not to find them better options for new traders. Fusion Markets offers a native copy trading platform, Fusion+, created for clients who wish to duplicate the positions of more experienced traders in real time.

• As a live account holder, you will have your own trading specialist to help you navigate the trading platform and the markets.
• Deposits made via Visa or Mastercard will be credited to the client’s accounts immediately.
• Some brokers might add their own markup fee on top of the financing charge but to its credit, Fusion Markets do not.
• Brokers will look to get traders on to MT5 as there is better functionality and more traded instruments (such as Share CFDs) are available.
• Fusion Markets charges $0 brokerage when trading US Share CFDs.

Global clients registered under the FSA of Seychelles and the VFSC do not have negative balance protection. Clients trading under the ASIC regulation are also afforded negative balance protection to their accounts. This means that clients cannot lose more money than they have deposited. This is great protection and gives reassurance, especially for beginner traders. You do not need to fund the account with a minimum deposit to start trading with a demo account.

The Classic account doesn’t have any commissions and spreads start from as low as 0.8 pips. However, it must be noted that the 0.8 pip markup is just a fee traders pay every time they open positions. To avoid paying large fees, it’s best to trade highly liquid assets such as major currency pairs, major indices, and commodities or US shares. Keep in mind that the most active trading hours are during London and New York trading sessions. Due to the payment structure, the Classic account is suitable for position traders.

Trading instruments include over 90 forex pairs, popular cryptocurrencies, stocks, indexes, precious metals and commodities as CFD. There are four different precious metals (gold, silver, platinum and palladium) whilst gold and silver can also be traded in a variety of currencies too. You can also trade energy products, including oil (both Brent Crude and WTI) and natural gas. To diversify one’s portfolio, the broker also offers soft commodities such as coffee, wheat, cocoa and sugar. Other brokers will often have a similar selection, adding currency trades for precious metals and a wide selection of soft commodities.

In the top-right corner you will see a “CREATE AN ACCOUNT” button. By pressing that button you will be transferred to the registration page. All you need to do is to provide the broker with some basic personal information. There are 14 available cryptos as CFDs for trading with this broker.

It is, therefore, unsuitable for those who lack proficiency and sufficient experience. Fusion Markets also does not charge any fees for depositing money into an account via debit/credit cards and also no charges for bank wire transfers within Australia. Whilst it also does not charge for international transfers, it does warn that banks may incur a fee of between $20 to $30. Spreads are tight, commissions are low, and there are no hidden extras on overnight financing charges and non-trading fees. For a 1 lot trade, the round cost of $4.50 commission is very low. With an equivalent trade on a zero spread account with XM, traders pay $3.50 on both sides of the trade, meaning $7.00 in total.

On its ZERO Account, Fusion Markets will add a commission of $4.50 per lot for the round trip of the trade (in and out). The company has its headquarters based in Melbourne, Australia. It has a postal address in Vanuatu and is also looking to expand by opening more offices around the world. Trade 100 of the world’s largest equities from the USA via Share CFDs with $0 brokerage through the MetaTrader 5 platform. You can short it against another currency such as the US Dollar or Swiss Franc.

Serious day traders can also apply for a Pro account and, if they meet the broker’s criteria, will get higher leverage, a dedicated account manager and a queue jump if they need support. There is also a swap-free account for Muslim traders, with lmfx review 50 instruments and an administrative fee charged for open positions once every seven days. The other bonus is the $0 minimum deposit, making the broker affordable for all types of traders. To improve its trust rating, I would like to see Fusion pursue licenses from other respected regulators and provide negative balance protection to all retail traders.

IIFL Capital Services Limited served as lead manager to the issue, with CRISIL Ratings Limited as monitoring agency and Axis Bank Limited as banker to the issue. ASIC is known as a top-tier strict regulator, while the FSA of Seychelles and the VFSC are only mildly strict. Overall, it’s safe to say that Fusion Markets is a trustworthy broker. Fusion Markets also supports other withdrawal methods such as Interac, PayPal, Jetonbank, DragonPay, MiFinity and cryptocurrencies. The 3 chart types and 30 technical indicators of MT4 migrate well, whilst there is also push notifications for trading alerts.

The broker has an inactivity fee of $10 per month after an account is not used for a year. It’s important to note that additional fees may apply when trading with a different currency than the base currency selected by the trader. Additionally, overnight fees, also known as swap fees, may be charged by liquidity providers. The broker offers significantly lower raw spreads than the industry norm for the majority of major forex pairs.