Fusion Markets Review, Forex Broker&Trading Markets, Legit or a Scam-WikiFX Score:1 89

Our Ranked Fusion Markets Trust Score is 8.9 out of 10 for the good reputation and services provided. The only point is the availability of international trading via offshore entities. Fusion Markets Overall Ranking is 8.5 out of 10 based on our testingand compared to over 500 brokers, see Our Ranking below compared to other industry Leading Brokers.

• Some fees may be charged when using certain payment methods so you should check with them beforehand.
• For many years, forex has been the number one asset to trade online.
• Trading CFDs on leverage involves significant risk of loss to your capital.

There are no bonuses on the website available for the consumers. Instead, the broker only has a referral program which is more of a marketing gimmick rather than an actual promotional initiative. Fusion Markets holds an Australian Financial Services License and is also authorised by the Vanuatu Financial Services Commission. In addition to this, its parent company, Fusion Markets International, is authorised as a securities dealer by the Financial Services Authority of Seychelles.

Lower fees, lower costs?

Thank you for sharing your positive experience with Fusion Markets. 4 years with them, excellent spread, good leverage, nearly immediate deposit of funds using PayPal. The drawdown is a very big slippage on news release and not respecting stoplosses set. Please note that by investing in and/or trading financial instruments, commodities and any other assets, you are taking a high degree of risk and you can lose all your deposited money. You should engage in any such activity only if you are fully aware of the relevant risks.

• Fusion Markets charges one of the lowest FX commissions on the market.
• You must first understand the different types of risk that you will be taking in your investment strategy.
• Fusion Markets claims that it will not offer binary options to its clients due to their high risk.
• The mobile app, like the web trading platform, only has a one-step login process.

Enabling these notifications on the https://traderoom.info/ trading platform itself would add to user convenience. Fusion Markets has a great mobile trading platform, we really liked its design and user-friendliness. Fusion Markets has a great mobile trading platform offered by MetaTrader 4. It is well-designed and user-friendly, with a good search function.

Fusion Markets  Reviews

However, the design of the platformfeels outdatedand some features are hard to find. For example, it took some time to figure out how to add an asset to the watchlist. The web trading platform of Fusion Markets is highly customizable and has a clear fee report.

Some payment systems may have transaction limits, restrictions, and requirements which are indicated on their respective websites. You may need to verify your account to remove limits on particular methods in some countries. Fusion Markets strictly does not accept third-party payments. All funds deposited into your trading account must be under the same name as your trading account. Withdrawal requests are processed within the same day or next if outside working hours.

There is an economic calendar on the brokers website where you can check for the latest market news releases. The news can be filtered according to the date, time, importance and country. The calendar displays the actual, forecast and previous result of each news release. It can be an important tool when implemented as part of a trading strategies fundamental analysis. You may find it more convenient to use the economic calendar that is built-in the MT5 platform so you don’t need to switch between applications.

Since its founding in 2017, the business has quickly established a reputation for giving its customers high-caliber services. Fusion Markets is unique from other brokers partly because of its dedication to regulatory compliance. Based on more than 700 reviews, Fusion Markets’ high Trust Pilot rating of 4.7 out of 5 is mainly attributable to this level of regulation. Fusion Markets is a dependable and trustworthy option if you’re a trader looking to get started in the forex and CFD markets.

We are thrilled to hear that you are satisfied with our services, including our competitive spreads and the ability to deposit funds with PayPal. I’ve been using their services for a while now, and they’ve been my go-to broker. In comparison to some of the other brokers I’ve used, their spreads are lower. Personalisation can be expected from their support services, not as an added bonus, but as a basic part of their commitment. At Fusion Markets, we pride ourselves on providing exceptional customer service and a cost-effective trading experience.

Commission Rates and fees

Unlike other fusion markets reviews in the industry, Fusion Markets does not charge any fees on deposits. You can pay free of charge when you deposit via Visa, MasterCard, Neteller, Skrill $ PayPal. This makes it convenient for investors to deposit at any given time. One major benefit is that you can save a lot of time learning about the fundamentals of forex trading. Learning how to analyze market information and make a strategy on your own often takes a long time so copy trading helps to shorten this process by following the markets in real-time.

Personally I made more than 10 withdrawal from Australia to Europe and got my money on my credit card in 3 working days. Withdrawal to bank account in EUR goes through the SEPA process without any banking commission/fee. Whether you continue with Fusion or not, it’s important to have this matter clarified and the trade looked into, as conditions like spreads and slippage are characteristics of all brokers. We appreciate your recommendation and your trust in our services. Our team is dedicated to maintaining the highest standards of excellence and continuously improving our offerings to meet the evolving needs of our clients. Fusion Markets is regulated by the top-tier Australian authority ASIC as well as the regulator of Vanuatu.

The product portfolio is largely limited to forex and some CFDs. Fusion Markets’s customer service is exceptionally good across multiple dimensions, hence you’ll be in good hands when it comes to your broker-related questions. Fusion Marketsprovides trading ideasbased on technical tools, like indicator movements or patterns on the charts. Fusion Markets hasclear portfolio and fee reports.It is easy to find your profit-loss balance and the commissions you paid under the ‘History’ tab. The Fusion Markets web trading platform hasgreat customizability.You can easily change the size and the position of the tabs.

This risk is higher with Cryptocurrencies due to markets being decentralized and non-regulated. You should be aware that you may lose a significant portion of your portfolio. Securities.io is committed to rigorous editorial standards. We may receive compensation when you click on links to products we review. Withdrawals are usually processed on the same day if received by 11 am AEDT.

Best spreads and executions

You should only in trading or investing if you are fully aware of the potential risk of loosing all your deposited money. You can place orders using the order types and time limits featured on the web-based version. Only the desktop trading platform allows types available on the web-based platform. The web-based trading platform allows for a lot of customization. And the position and the size of the tabs can be changed with ease. However, the platform has an outdated design and several features are not easy to find.

For example, if all the articles are bullish/positive, then a 100% positive score is assigned. Except for charting tools, you can find Fusion Markets’ research tools after you log in to Client Portal. The charting tools are on the MetaTrader trading platform. You can’t set alerts and notificationson the Fusion Markets web trading platform. This feature is available only on thedesktop trading platform.

Fusion Markets Account Types

Fusion Market is a broker that has good systems in place for low-cost trading. This broker is great for day traders as they have tight spreads. Day traders who are in and out of positions regularly during a trading day can significantly cut down their long-term trading costs by trading with Fusion Markets.

Based on our findings, the broker offers competitive trading fees and spreads by supporting the NDD/STP execution models. All assets available to trade on Fusion Markets are done via CFDs. This means that the trading conditions for US stocks are effectively the same as forex, only the spread sizes will vary from one pair to another. It’s also possible to trade commodities, indices, and US stocks. However, UK users should be aware that it is not currently legal to trade digital currency derivatives, therefore Fusion Markets crypto trading is not offered to those with UK-based accounts. Most Fusion Markets reviews agree that the platform offers highly competitive fees, although, as we’ve discussed, these can vary depending on which account type you opt for.

You’ll most probably like their news feed, which can be found in the ‘News’ area. The ‘My Feeds’ function is also great; it lets you choose which news sources you wish to follow. On the Fusion Markets web-based trading platform, you cannot configure alerts or notifications. Fusion Markets has a lot of strong competitors in the industry, including IC Markets, FP markets, and Pepperstone. We set a brief comparison below to help you see how Fusion Markets compares to these competitors. The online reviews about this broker are all positive and they seem to be perfect.

The only thing worth noting is that if you deposit via wire transfer from a bank account outside Australia to the platform’s domestic deposit account, you’ll pay a fee of A$20 – A$30. Alongside the desktop platforms, MetaTrader WebTrader platform is available and can be accessed within your browser without the need for a download. On mobile, both the MT4 and MT5 mobile platforms are available through apps that can be downloaded on iOS and Android devices.

Thank you for choosing Fusion Markets as your broker, and we look forward to continuing to support you in your trading journey. We look forward to hearing from you directly and resolving these issues together. We really want to help all our clients with their inquiries, however, without knowing the specifics details, our ability to assist is limited.

If you do want a broker stacked with educational content, you might want to consider Fortrade. Fusion Markets comply with ASIC client money rules and keep all client funds in segregated client trust accounts with Westpac who are Australia’s first bank and oldest company. If you’re interested in learning about low commission rates on trading, you’ll be glad to know that many brokers are offering them. Fusion Markets is among the most popular, and with good reason. It’s a fully digital platform, which allows traders to get started with minimal effort. All you need to do is complete a simple web form, verify your residency, and choose an account type.

In addition to top trading conditions, the broker is regulated which helps give you protection and ensures they must operate in a transparent manner. I have been with them for many years now and expect them to be leading the way for years to come. They implement some of the latest cutting-edge technologies to provide fast, easy and efficient access to the global financial markets.