Fusion Markets Review
4.4
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74 - 89 % of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
Fusion Markets is a reputable broker that offers a range of features and services for traders. With a strong emphasis on transparency, competitive pricing, and user-friendly platforms, Fusion Markets stands out in the crowded brokerage industry.
One of the notable strengths of Fusion Markets is its low-cost trading environment. The broker provides tight spreads and offers commission-free trading on major currency pairs, making it an attractive choice for forex traders looking to minimize their trading costs.
In addition to competitive pricing, Fusion Markets offers a range of trading platforms, including the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5). These platforms are known for their advanced charting tools, customizable indicators, and automated trading capabilities, providing traders with a robust and efficient trading experience.
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Swift account opening
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Top-tier financial regulation
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Offers spreads from 0.0 and 2.25$ commission
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Low trading fees
Overview
Year founded
Minimum deposit
Withdrawal fee amount
Available Offerings
Platforms available
2010
0$
0$
Forex, CFD, Crypto
Desktop, Mobile, Web
Account Opening
Opening an account with Fusion Markets is a quick and entirely digital process, ensuring fast verification. Fusion Markets requires no minimum deposit, and they do not charge any inactivity fees. Fusion Markets provides a 30-day Demo account, which can be extended indefinitely after opening a live account. The demo account comes with $10,000 in virtual currency and offers leverage up to 1:500. There are two types of accounts available at Fusion Markets: the classic account (with fees included in the spreads and no commission charged) and the ZERO account (featuring tighter spreads but with a commission applied). Fusion Markets welcomes clients from various countries worldwide, with a few exceptions such as the USA, Russia, and New Zealand. The process of opening a Fusion Markets account is simple and entirely digital, usually taking around 15 minutes to complete. To initiate the account opening, you need to follow four steps. Firstly, provide your email address and create a password. Secondly, enter your personal information, including your name, date of birth, and residency details. Thirdly, select the desired account type and leverage size, and set a security question. Finally, for identity and residency verification, you can easily upload a copy of your national ID, passport, or driver's license. Valid proof of residency includes utility bills and bank statements.
Safety
Fusion Markets adheres to stringent regulations and offers essential safeguards to its clients. It is regulated by three well-respected financial authorities, ensuring a secure trading environment. The Australian Securities and Investments Commission (ASIC), the Vanuatu Financial Services Commission (VFSC), and the Financial Services Authority of Seychelles (FSA) oversee Fusion Markets' operations. One notable protection provided by Fusion Markets is negative balance protection, specifically under ASIC regulation. This feature ensures that clients are protected from incurring losses beyond their account balance. However, it is important to note that Fusion Markets does not offer investor protection, which may be a consideration for potential clients. Established in 2010, Fusion Markets is headquartered in Australia.
Risk Disclaimer
Trading securities carries a significant level of risk. When it comes to margin-based foreign exchange trading, off-exchange derivatives, and cryptocurrencies, there is substantial exposure to various risks. These risks include, but are not limited to, leverage, creditworthiness, limited regulatory protection, and market volatility. They can have a significant impact on the price or liquidity of a currency or related instrument. It is important to note that the methods, techniques, or indicators provided in these products may not necessarily yield profits, and there is a possibility of incurring losses. For more information on the risks associated with forex trading, please refer to further resources.
Summary
Fusion Markets stands out as an excellent forex broker offering remarkably low trading and non-trading fees. The account opening process is both swift and effortless.
However, it is worth noting that the product portfolio primarily focuses on forex and a few CFDs, lacking diversity in investment options. Additionally, the absence of investor protection should be considered as a drawback.