However, it is important to note that the broker does not currently offer an investor compensation scheme for its international division. While the VFSC offers greater flexibility in leverage and operational terms, it delivers a lower regulatory tier compared with ASIC. Fusion Markets operates under the jurisdiction of ASIC (the Australian Securities and Investments Commission), one of the strictest financial regulators in the world. Plamen’s favourite trading instruments include FX majors and gold. His expertise is swing trading and day trading with a heavy emphasis on psychological and fundamental analysis.
Equity Indices
Plamen’s broad experience has equipped him with the expertise to recommend the best forex brokers. 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. Fusion Markets provides Islamic accounts for swap-free trading under Shariah Law. The two platforms are only available with the broker’s ZERO account. In addition, Fusion Markets does not require a minimum deposit, making its trading accounts very affordable.
Fusion Markets does not charge any handling fees for deposits or withdrawals; however, third-party processing fees may still apply depending on your payment method. A swap fee is a trader’s cost for holding an open position overnight because of changing interest rates. In our Trust category, we assess how stable and transparent a broker is. The broker keeps client funds segregated but does not guarantee negative balance protection.
- CTrader also supports both manual and algorithmic trading through cBots, which you can build in C#, and offers advanced tools to manage orders efficiently.
- Leverage multiplies the profits a trader generates from winning positions, but also the losses incurred from failed trades.
- This is the premium account at Fusion, available to customers registered under the Australian division.
Mobile Trading
Fusion Markets emphasises quick issue resolution and offers a helpful FAQ section on its website, answering common enquiries on accounts, trading tools and fees. While the broker does not provide direct market-analysis tools, its competitive costs and additional automation capabilities allow traders to focus on executing profitable strategies. Beginners have access to an extensive Knowledge Hub with video tutorials, platform guides, market insights and trading blogs, helping traders enhance their skills. Partners earn competitive commissions by introducing new clients, making it a profitable avenue for affiliate marketers or traders with a strong network.
Here’s Our Spreads
At BestBrokers, we believe that one of the most important factors in choosing a broker should be the protection of client funds. Brokers often will buy third-party content, either in the form of video or articles, to cover basic trading education. There are no views or market strategy pieces written by any in-house analysts. Logging into the client portal, you will find an array of third-party content to help customers with their trading decisions.
There are no views or market strategy pieces written by any in-house analysts. Here’s an overview of what the broker currently provides. Help is available through multiple communication channels, ensuring clients can get assistance in the way that works best for them. That said, some international banks may still apply fees of $15 to $25 for incoming transfers, which is why the minimum withdrawal via bank transfer is set at $35. Another positive is that Fusion Markets does not impose its own withdrawal fees.
Company Information
AEDT — which is a fast turnaround and a reflection of the broker’s attentive customer service. Depending on your location, you may be able to use services such as Interac, PayPal, Jeton, DragonPay, MiFinity, and even cryptocurrencies. Fusion Markets offers a variety of withdrawal options in addition to the original deposit method. Fusion Markets does not charge any fees for depositing money via debit/credit cards and bank wire transfers within Australia.
Deposit and Withdrawal
Lower fees generally are better, and Fusion Markets excels in this regard. During our review of Fusion Markets, we noticed that certain account functionalities are unavailable. This leaves you free to try out multiple trading strategies without time restrictions. For smaller trades, a mini lot provides exposure to 10,000 units ($1 per pip), while a micro lot is equal to 1,000 units ($0.10 per pip). We should also mention that you can trade in mini and micro lots at Fusion Markets. Fusion Markets requires a minimum deposit of $5,000 for each slave account under the MAM/PAMM structure.
Security and Money Guarantees
Instead, they come directly from their prime broker and liquidity partners. Fusion Markets doesn’t set these fees themselves. If you keep a leveraged trade open overnight, you’ll either pay or earn an overnight financing fee, also called a swap. Simply put, their commission rates are among the lowest you’ll find. A round-turn commission of $4.50 per standard lot at Fusion Markets is a real bargain. To keep things simple, let’s say you open and close a trade at the same price.
- Partners earn competitive commissions by introducing new clients, making it a profitable avenue for affiliate marketers or traders with a strong network.
- Fusion Markets supports several feature-rich and highly versatile platforms, including cTrader and TradingView.
- Getting money out of your trading account can be a hassle with some brokers.
No extra fees are charged on top of the daily swaps rates. A flat fee paid per position often used as an alternative to charging via the spread. The cost baked into the price of what you trade. Generally, the lower the fees, the better, and this is one area where Fusion Markets really shines.
Fusion Markets is a Vanuatu-based broker offering over 250 CFD instruments at ultra-low costs. Overall, I find the content lacking for traders aiming to build consistency and deepen their skills. Fusion Markets offers over 100 platform tutorials and a few basic explainer videos on its YouTube channel. The broker also publishes its own weekly market reviews on the Fusion Markets’ YouTube channel. The package includes daily trading signals, a market sentiment gauge, and comprehensive market breakdowns.
Holding an AFSL licence, Fusion Markets ensures compliance with regulatory standards, such as maintaining segregated client accounts with top-tier Australian banks. It is a strong choice for traders who want affordability without sacrificing execution speed, tools or reliability. At FXEmpire, we strive to provide unbiased, thorough and accurate broker reviews by industry experts to help our users make smarter financial decisions. Having been a retail trader since 2013, Plamen has gained an in-depth understanding of the challenges that novice traders face today.
Deposits
To top it all off, the broker provides sponsored Virtual Private Server (VPS) hosting for low-latency trading. Fusion Markets keeps spreads tight across all popular instruments. Any information or advice contained on this website is general in nature and has been fusion markets review prepared without taking into account your objectives, financial situation or needs.
Our vision is to provide access to the world’s markets easier, faster and at a lower cost than what exists in the market today. CFDs are complex financial instruments.
It is considered an industry benchmark for forex trading and also has an upgraded version, MT5. There are no inactivity charges at Fusion Markets, which is rare among online brokers. This is a definite positive as many brokers charge either for bank transfers or for requesting a second withdrawal within the same month. Some brokers might add their own markup on top of the financing charge but to its credit, Fusion Markets do not.
As a trader who prioritizes flexible charts that are easily scalable, I find MT5’s charting capabilities too rigid and less effective. However, its dated and rugged design is inferior to newer and sleeker platforms. In my opinion, MT5 is best suited for automated trading via Expert Advisors (EAs).