This setup allows the broker to serve a global client base while maintaining compliance in each region. Head out to Fusion Markets’ website and follow their simple onboarding process. It’s not much different from other platforms, requiring some of your personal data and a valid ID to pass the KYC (Know Your Customer) requirements. One thing that is very important to note is that there is no investor protection when investing with Fusion Markets. This fact is poorly communicated on their website and is one of their major cons, in our opinion. Trading Forex and other financial instruments involves significant risk of loss and is not suitable for every investor.
Research Tools
This means there are no immediate questions regarding your sources of income, the level of your trading experience or a need to demonstrate an understanding of using leverage. Brokersway is a website that provides unbiased reviews, ratings, and comparisons of online forex and CFD brokers. At FXEmpire, we strive to provide unbiased, thorough and accurate broker reviews by industry experts to help our users make smarter financial decisions. If you’re a commodity trader chasing the lowest energy spreads or a day trader hunting for your next opportunity, Fusion Markets could be just what you’re looking for.
Deposit Fees
Here is a quick list of the important features that we like about Fusion Markets. It has a postal address in Vanuatu and is also looking to expand by opening more offices around the world. You can jump in or out of the market quickly to take advantage of even the smallest price changes. The values listed below are for one full base currency contract (100,000 units). According to its LinkedIn page, Fusion Markets has been operational for eight years and employs over 100 professionals worldwide. I also found it quite transparent, especially regarding its legal documents.
VPS Hosting for Automated Trading
When forex trading with their ZERO account, there is a $2.25 commission per side, and spreads start from 0.0 for EUR/USD (0.03 average spread). Their Classic account offers zero commissions on paper, but they are actually included in the higher spreads (starting at 0.9). Fusion Markets’ core product seems to be forex trading, with 90+ currency pairs offered, tight spreads, and trading access 24 hours a day (Monday through Friday).
It is regulated by ASIC, giving traders confidence in its transparency and client fund protection. A social investing feature called Copy Trading is also available inside their Fusion+ account. It allows for copying trades of other traders, allowing other traders to copy your trades, or copying your trades between your Fusion markets accounts. It is free of charge but requires the account holder and followers to trade at least 2.5 lots of forex or metals per month (otherwise, there is a $10 monthly fee). There is also an option to charge your clients up to a 30% performance fee.
- For fund managers or traders handling multiple clients, Fusion Markets offers MAM/PAMM account options.
- Fusion Markets has built its reputation on low-cost and transparent pricing, offering some of the tightest spreads and lowest commissions in the industry.
- Over 200 data points are considered, from minimum deposits and trading fees to the platforms and apps available.
- For traders elsewhere, a broker with negative balance protection and more robust regulatory oversight could be a safer option.
Traders can open and close positions, manage orders, and monitor their accounts directly from their phones. While charting options are more limited than on desktop, the apps are ideal for managing trades on the go. CTrader is available for ZERO account holders who want the best possible execution speed and order control. It features depth of market visibility, advanced charting, and fusion markets broker review one-click trading, making it ideal for scalpers and high-frequency traders.
Crypto traders can choose from 10+ digital assets, including Bitcoin, Ethereum, Solana, and Polygon. Spreads are tight, and trading is available 24/5 alongside traditional markets. This selection is smaller than some competitors but still covers the most popular coins. Fusion Markets accepts clients from most countries, although traders from the United States, Japan, and a few restricted regions cannot open live accounts.
Pros & Cons of the Web Platform
You should carefully consider your investment objectives, experience level, and risk tolerance before deciding to trade any financial instruments.. Fusion Markets gives traders access to more than 250 tradable instruments, covering a wide selection of markets. The range includes forex, commodities, indices, share CFDs, and cryptocurrencies, offering plenty of opportunities for active traders. While the variety is broad enough for short-term strategies, the absence of ETFs and bonds means it may not fully satisfy long-term investors who prefer portfolio diversification. The broker has received several industry awards for its customer service, pricing, and platform range.
There are no hidden fees, and deposits, withdrawals, and inactivity are all free. Based on our extensive research and methodology, our expert team has rated Fusion Markets an impressive 9.2 out of 10. The ZERO Account is designed for traders who want the lowest possible spreads and the fastest execution. Spreads start from 0.0 pips, and there’s a $4.50 round-turn commission per standard lot.
It’s built for professional or high-volume traders who meet ASIC’s eligibility criteria and need enhanced trading conditions. The ZERO Account charges a $4.50 round-turn commission per standard lot, which is lower than XM ($7) and HF Markets ($6). This makes Fusion Markets one of the most cost-efficient brokers for high-frequency and scalping strategies. The broker’s pricing is fully transparent, with no additional markups or hidden charges built into spreads.
- Swap fees (overnight financing) are slightly higher than the industry average.
- Withdrawals are processed within one business day (and same day if before 11 am AEDT).
- While it also does not charge for international transfers, it warns traders may incur fees of $20 to $30 charged by their banks.
- The app can accommodate Fusion Markets customers from many different countries as it comes with over 20 language options.
- Fusion Markets is an excellent option for serious forex traders with more currency pairs than the vast majority of brokers.
- The broker adds 0.1 pip to all products traded via MAM accounts to cover its execution costs.
Strong customer service is one of the fundamental tenets of what Fusion Markets is looking to achieve. The website states that Fusion Markets aims to change traders’ expectations, striving to offer “friendly support” suitable for any experience level. Getting money out of your trading account can be a hassle with some brokers. With Fusion Markets, we like the fact that there are no restrictions on withdrawals, which can be done at any time. Fusion Markets has over 90 forex pairs to trade, which is an excellent selection compared to most other brokers that offer between 50 and 60 pairs. Any trader that has shopped around must have come across MT4 and is likely familiar with its design and functionalities.
Great experience overall
If you’re after super-low fees or crave powerful charting tools, Fusion Markets might be just what you’re looking for. Verification can help ensure real people are writing the reviews you read on Trustpilot. Companies on Trustpilot aren’t allowed to offer incentives or pay to hide reviews. This website may include links to third-party websites for your convenience. Broker Guide does not endorse or assume responsibility for the content, products, or services offered by these external sites. Fusion Markets supports MT4, MT5, cTrader, and TradingView, giving traders access to a variety of interfaces for manual, automated, and social trading.
However, when it comes to education, there is still room for improvement. A core value at Fusion Markets is to “Smile” and maintain a lighthearted approach. This ethos extends to their “White Glove Support,” where live account holders receive assistance from their own trading specialist to navigate the platform.
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