Beyond that, they also offer e-wallets such as PayPal, Skrill, Neteller, cryptocurrencies, and more. Almost all deposits are processed instantly, so you can start trading at once. Fusion markets can be considered a legitimate broker and financial institution, scoring close to maximum points in all our safety tests. Fusion Markets is regulated by the Australian Securities and Investments Commission (ASIC), a top tier financial regulation renowned for its stringent oversight.

The average EUR/USD spread in Classic Accounts is 0.92 pip, fees included. Fusion Markets is a desirable alternative for traders searching for low-cost trading opportunities because of its competitive price structure. Fusion Markets offers a safe and secure trading environment because it is governed by ASIC and VFSC.

• Conversely, Zero accounts incur a base commission of $4.5 per round for each lot (open and close).
• Almost all deposits are processed instantly, so you can start trading at once.
• Beyond that, they also offer e-wallets such as PayPal, Skrill, Neteller, cryptocurrencies, and more.
• In addition, I like how the broker provides plenty of research tools for you to analyse the markets in detail.
• Fusion Markets keeps it simple with two account types—one offers zero commissions with floating spreads, while the other features raw spreads and a low $4.50 round-turn commission.
• I found Fusion Markets’ fees to be among the lowest in the industry.

Fusion markets Ratings and Reviews from Trustpilot:

• Shockingly low cost and quick support in any case, fast, easy withdrawals.I will stay with them longer for sure.I literally have no bad memories w…
• However, it has managed to attract many traders due to its commitment to transparency, competitive trading conditions, and regulatory compliance.
• Agents respond swiftly and seem to have a good overall grasp of the broker’s services.
• Not able to access the Fusion Markets website or trading account from TradingView or cTrader.

Fusion Markets does not offer a proprietary mobile app, but all its supported platforms have app compatibility; MT4, MT5, cTrader and TradingView. I contacted them countless times on live chat and found the team extremely polite and knowledgeable about their accounts and trading products. In contrast, best-in-class brokers like IG offer IGTV – a super interesting video channel with live videos three times a day with pre-open bulletins, charting analysis, and future insights. It also supports Autochartist, which is excellent for technical summaries. Fusion also added capabilities to integrate your trading account directly in the TradingView app in July 2024, creating a comprehensive and seamless mobile experience for active traders. This is especially important for global traders who won’t receive negative balance protection – you can lose more than your deposit.

Security and Money Guarantees

For example, IG offers lumber futures and EU carbon credits, while Saxo Bank lists palladium and lean hogs. So while niche commodities might not be everyone’s cup of tea, they’re still popular trading instruments and hence Fusion Markets lost points here. Our Dynamic Spread Tracking confirmed that Fusion Markets offers the tightest spreads across multiple currency pairs, especially on ECN accounts. For EUR/USD, the spread averages 0.01 pip, which is more than 60% less than the nearest competitor.

Fusion Markets offers a Shariah-compliant account for all countries except the places where regulations limit their services. Traders who adhere to religious principles can no longer have swap-charged accounts since the Islamic account is specifically designed for them. Fusion stands out by providing competitive pricing in their standard account, featuring tight spreads and low fees, which are comparable to those found in their ECN accounts. 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.

Fusion Markets offers a good variety of forex currency pairs, totalling 80 and around 200 CFDs, which is enough for most traders but may be limited for those traders looking for more exotic assets. Fusion Markets pride themselves on having a seamless account opening process. It is a smooth online process that involves completing a short form and uploading your documents for prrof of identification and address. This can be a scan of a valid passport or driver’s license along with a utility bill (Phone, Electricity, Gas) no more than 3 months old.

Trading https://traderoom.info/fusion-markets-an-overview/ in forex, stocks, cryptocurrencies, CFDs, indices, and commodities carries a risk of financial loss and may not be suitable for all investors. CFDs are complex financial instruments and carry a high risk of losing money quickly due to leverage. Between 74–89% of retail investor accounts lose money when trading CFDs. You should carefully consider your investment objectives, experience level, and risk tolerance before deciding to trade any financial instruments.. Fusion markets has achieved an average rating of 4.7out of 5 on Forex Peace Army (FPA). We’ve observed numerous brokers on FPA, and most brokers tend to have lower ratings.

The FSA and VFSC-licensed divisions of Fusion Markets also do not provide negative balance protection to international customers. If you are a retail trader looking for a low-cost broker with an excellent selection of forex pairs, then Fusion Markets is certainly worth taking a look at. In this broker review, we discuss all the crucial factors you need to consider to decide whether you should trade with Fusion Markets. This ASIC-licensed broker receives predominantly positive feedback on the Trustpilot platform, achieving an aggregate rating of 4.8 stars based on more than 4,800 consumer reviews. Five-star reviews account for 86% of all consumer reviews of Fusion Markets compared to 3% for 1-star scores. FusionMarkets has been an excellent broker for me, tight spreads, fast execution, and seamless integration with TradingView.

Reviews from actual traders

By focusing on low-cost trading, Fusion Markets sets itself apart from FXChoice. Still, FXChoice offers a large selection of CFDs on currency and commodities pairings and permits trading in both currencies. It increases the range of trading options available to dealers by providing them with access to both emerging and large energy markets. To effortlessly start your trading journey with Fusion Markets, simply follow these nine easy steps to set up a Zero account, tailored for both novice and experienced traders. Fusion Markets only allows verified accounts to make deposits and withdrawals, and the account name must correspond with the payment processor.

The 10 deposit currencies, including USD, AUD and EUR, will also suit global traders and should negate many conversion fees. The other bonus is the $0 minimum deposit, making the broker affordable for all types of traders. This means global traders won’t receive the same protections afforded to clients who trade with the ASIC-regulated entity. Also, investor protection is not available to any clients in the event the broker becomes insolvent. Fusion Markets provides outstanding market research powered by Trading Central. The package includes daily trading signals, a market sentiment gauge, and comprehensive market breakdowns.

Copy Trading

We are committed to transparency, accuracy, and comprehensive insights. For active day traders like me Fusion Markets ticks most of the boxes. I get ultra-tight spreads during key trading sessions whilst order execution is fast.

Does Fusion Markets have a demo account?

Both require a verification from a qualified accountant within six months. It is worth noting that Fusion Markets is a relatively new company and therefore, has a limited regulatory track record. However, it has managed to attract many traders due to its commitment to transparency, competitive trading conditions, and regulatory compliance.

Accounts & Banking

They also have low spreads and rapid trade execution speeds at the best available bid/ask prices. When it comes to your trading costs, we think you agree that every penny counts. Fusion Markets claims to offer the lowest spreads in the industry, so using our Dynamic Spread Tracking, we analyzed the spreads in real time, and verified that traders are indeed paying the least. Most brokers advertise tight spreads, but the real test is how their spreads behave during market volatility and news events. Therefore, we tracked the Fusion Markets spread fluctuations 24/7 over a 30 day period before reaching any conclusions.

Since markets are always changing, it’s important to keep your skills sharp without risking real money. You can open a demo account before or alongside your live CFD account. Fusion Markets is an Australian broker founded in 2017 (launched trading for clients in 2019) by its current CEO, Phil Horner. They are headquartered in Melbourne, Australia, and state that their mission is lowering costs for traders. While mainly focused on forex trading, the platform also offers investing in commodities, metals, indices, cryptocurrency, and US stocks CFDs. Filippo Ucchino has developed a quasi-scientific approach to analyzing brokers, their services, offers, trading apps and platforms.