abstrak:Fusion Markets is a new Australian broker. It was founded in November of 2017 and began offering full services in January 2019. The company allows customers to trade currency pairs as well as CFDs. ASIC (Australian Securities and Investment Commission) and VFSC (Victorian Financial Services Commission) regulate the broker, which is based in Cremorne, Melbourne, Australia (Vanuatu Financial Services Commission).
Fusion Markets is a new Australian broker. It was founded in November of 2017 and began offering full services in January 2019. The company allows customers to trade currency pairs as well as CFDs. ASIC (Australian Securities and Investment Commission) and VFSC (Victorian Financial Services Commission) regulate the broker, which is based in Cremorne, Melbourne, Australia (Vanuatu Financial Services Commission).
The following are some of the benefits of trading with Fusion Markets:
The minimum deposit amount is $1.
Trading is offered on the MetaTrader 4 and MetaTrader 5 desktop and mobile platforms, as well as a web terminal.
Copying services for passive investing are supported.
There are no deposit fees and there are no trading costs.
Multiple communication channels are available for assistance.
Registration is quick, and the trader's office is conveniently located.
Fusion Markets Have a Few Drawbacks:
There is no ability to trade real stocks, futures, or options in addition to the basic selection of trading instruments.
On the broker's website, there is no educational material or proprietary analytics.
The regulator in Vanuatu, which oversees the broker segment, has a shaky track record.
Overview
Fusion Markets is a low-cost broker that offers cheap commissions and the potential for passive income.
Web Platform
Fusion Markets' web trading platform (powered by MetaTrader) is extremely customizable and includes a detailed fee report. Its design, on the other hand, is antiquated, and it lacks a two-step login as well as price notifications.
Fusion Markets does not have its trading platform; instead, it uses MetaTrader 4, which is a third-party platform.
Pros
Cons
Available In
Mobile Platform
Fusion Markets features a fantastic MetaTrader 4 mobile trading platform. It has an excellent search function and is well-designed and user-friendly. It does not, however, have a secure login.
Fusion Markets offers MetaTrader 4 as a mobile trading platform, similar to the web trading platform. Both iOS and Android versions of MetaTrader 4 are available. We put it to the test on Android.
Pros
User-friendly
Good search function
Price alerts
Cons
Desktop Platform
Fusion Markets' MetaTrader 4 desktop software is nearly identical to the web trading platform in terms of style and functionality. You may establish price alerts here, which is a significant difference.
MetaTrader 4 is a desktop trading platform offered by Fusion Markets.
It has the same design, is available in the same languages, supports the same order types as the web trading platform, including Trailing Stop, and has the same search functions. The portfolio and fee reports are also well-organized, and you can download them by selecting “Save as detailed report” from the History tab.
Pros
Cons
Trading Conditions for Users
Fusion Markets does not provide clients with the most comprehensive set of trading tools available through traditional MetaTrader terminals. Leverage ranges from 1:30 (for Australian regulated accounts) to 1:500 for traders (for Vanuatu regulated accounts). Clients can open a demo account to test the quality of the broker's services. Unfortunately, Muslim traders will not be able to work on Islamic accounts (which do not charge for swaps), but the broker pledges to alert individuals who are interested as soon as this option becomes available.
Commission & Fees by Trading Accounts
Commission Comparison vs FX Pro
Conclusion
Fusion Markets has a smaller average spread than other Forex brokers. On Classic accounts, the spread starts at 0.8 pips, which is a good indicator. It starts at 0 pips on a professional Zero account.
Customer Support Service
When Forex trading is open, support operators are accessible 24 hours a day (06:00 AM AEDT Monday to 07:00 Saturday).
Advantages
Disadvantages
Frequently Asked Questions
Why should I register a Fusion account?
Our objective is to have the lowest trading expenses in the business in as few words as feasible. To assist you to win in the markets, we also feature no minimum deposit, fee-free funding choices, rockstar support, and world-class technology.
When did Fusion Markets begin operations, and who founded it?
Fusion was created in November 2017 and began trading for clients in June of the following year. It is entirely owned and controlled by FX industry veterans from Australia.
Where is Fusion Markets based?
Our headquarters are currently located in Melbourne, Australia. As we continue to grow, more offices throughout the world will open soon.
Is Fusion Markets regulated or licensed?
Yes. Fusion Markets is regulated in both Australia and Vanuatu. In Australia, we are a Trading Name of Gleneagle Asset Management (GAML), which is regulated by the Australian Securities and Investments Commission (ASIC) #226199. In Vanuatu, Gleneagle Securities Pty Limited is trading as Fusion Markets EN. It is a registered Vanuatu company (Company Number 40256) and is regulated by the Vanuatu Financial Services Commission (VFSC)
How many different products do you have?
Fusion Markets has over 250 financial products to choose from, including CFDs on currencies, US stocks, indices, futures, cryptocurrencies, and more.
