Fusion Markets Review

Fusion Markets, located in Melbourne, Australia, Fusion Markets is the brainchild of a collection of veteran forex traders. Its founders offer a combined experience of over 50 years, with their stated mission to make trading the markets simpler and more economical.

The company’s ethos is three-pronged: to lower the cost of trading forex, CFDs, and other financial products; to offer friendly support to all traders, irrespective of experience; and to provide cutting-edge technology that delivers a seamless trading experience.

 

💱 Instruments Forex, Metals, Commodities, Indices, Cryptocurrencies
💳 Funding & Withdrawal Bank Wire, Credit/ Debit Card, Skrill, Neteller, Fasapay, Jeton Wallet, Perfect Money, Cryptocurrencies
💻 Broker Type ECN
👨🏽‍💻 Account Types Classic, Zero
⌛️Language English, Thai
🎮 Virtue No withdrawal or inactivity fees

 

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Pros / Cons
  • Segregated client funds used
  • High leverage
  • Negative balance protection offered.
  • Member of an investor compensation scheme
  • MetaTrader4 offered
  • Exclusive trading tools offered
  • Commission-free trading offered
  • Japan, New Zealand, North Korea, or the United States Clients not accepted
  • Limited account types offered
  • MetaTrader 5 is not allowed.
  • Fixed spread accounts not offered
  • 4Commission charged on the ZERO account

Account Types

Fusion Market’s overarching goal is at the heart of the way they operate: they want to reduce the cost of online trading. More than this, they wish to make it more accessible, not only in terms of outlay, but by making it simpler for the trader.

That’s why their products are as streamlined as possible. According to the company, trading is difficult enough without the complication of choosing between numerous different account types. That’s why, to make things easier, they offer only two variations for their clients to pick between.

Though these are not named on their website, nor a list of features provided, the company does note that both provide the same access to their products, only with slightly different appearances depending on how you pay to trade.

While some might view this lack of flexibility as a negative, we’d suggest the opposite: that the company wants to provide the same level of service to all of its customers, irrespective of how much they pay.

Assets/Markets

Fusion Markets’ posit that their mission is to make it both easier and cheaper to access the world’s markets, and in order to realise this aim, they provide traders with a number of investment instruments to choose between.

These include:

• Forex (70+ currency pairs available)
• Energy (crude oil, Brent oil, and natural gas)
• Precious metals (gold, silver, platinum, palladium, and more)
• Equity indices
• Commodities (coffee, wheat, cocoa, sugar etc.)
• Cryptocurrencies (including bitcoin, dash, ripple, and ethereum).

This ensures that traders are able to adequately diversify their portfolio, and gives them an ample selection of assets to choose between on the basis of both preference and strategy.

Trading Platform

In terms of their trading platform, Fusion Markets’ preference is for MetaTrader 4 (MT4) software. They offer a number of incarnations of this, including:

• MetaTrader 4
• WebTrader for MT4
• MT4 mobile apps

MT4 clearly requires little introduction, given its status as the most popular trading software on the market. Highly praised by traders of all levels, it has exceptionally strong charting, efficient tools, multiple timeframes, and full customisability. Its automated trading bots – or Expert Advisors – are, of course, particularly lauded, and are just one of the reasons that many traders would cite it as their first choice of platform.

In addition, Fusion Markets offer a number of tools to complement these offerings, including a Multi Account Manager for professional traders, and a Virtual Private Server to ensure that trading is never interrupted by connectivity issues.

Spreads And Commission

Fusion Markets prides itself on being the lowest cost trader in the business, and a brief look at its spreads and commissions seems to back this up.

The broker offers minimum spreads of 0.00 on a number of popular currency pairs, including AUD/CAD, AUD/CHF, AUD/JPY, AUD/NZD, and AUD/USD. Even when we look at their average spreads, we see figures of just 1.01, 0.65, 0.48, 0.92, and 0.22 respectively.

Assets Fee level Fee terms
EURUSD Low Zero account pricing: $2.25 per lot per trade plus spread cost. 0.1 pips is the average spread cost during peak trading hours.
GBPUSD Low Zero account pricing: $2.25 per lot per trade plus spread cost. 0.1 pips is the average spread cost during peak trading hours.
S&P 500 CFD Low The fees are built into the spread, 0.4 points is the average spread cost during peak trading hours.
Inactivity fee Low No inactivity fee
Skrill USD, EUR, GBP 1% + country fees (if applicable)
Poli AUD No fees

Their commission rates are also notably low. For example, were you to trade one standard lot of forex and precious metals, you would pay only $4.50 AUD to do so. This figure represents Australia’s lowest advertised forex commission – or, on average, 36 per cent cheaper than Fusion’s competitors.

This means that, if you’re looking for a cut-price alternative to most other brokers on the market, they may well be the company you’ve been searching for.

Leverage

Fusion Markets may be a cost-effective option, but plus points of their service do not end there. Seeming to combine excellence and economy, the company has much to recommend it, including very attractive leverage.

As part of their commitment to providing a flexible service, Fusion gives the trader the chance to choose their own leverage, up to a maximum of 500:1.

Payment Methods

Fusion offer a range of payment methods – some are region specific, particularly the Asia Pacific region such as Thailand and Malaysia where tailored payment options are available. The popular methods of Visa, Mastercard and of course bank transfer are available across the board. Fusion have also continued to expand the choice of payment method available, including: Dragon Pay, Interac eTransfer and Jeton – with more to come.

There are no fees on deposits. These have been waived for both credit and debit cards as part of the company’s commitment to keeping costs to a minimum. Fusion have also continued to expand the choice of payment method available, including: Dragon Pay, Interac eTransfer and Jeton

1:500

Fusion Markets offer “every day low cost trading” to all account types. Our review looks into that promise and also details the platform, deposit and withdrawal options, demo account rules and spread and trading costs. See if trading forex, CFDs and other financial options is cheaper at Fusion.

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