In this detailed Fusion Markets Broker Review, we will review each aspect of the Fusion Markets broker to see if this broker is a legit broker. Below is the summary of the Fusion Markets Broker.
Summary
Assets Available | 5 Asset Classes - Forex, Crypto, Stocks, Commodities, Indices. |
Regulated By | ASIC, VFSC |
No. Of Trading Platforms | 4 Trading Platforms - TradingView, MT4, MT5, cTrader |
Leverage | Up to 1:500 |
Spreads | From 0.0 pips |
Commission | From $0 |
Min Deposit | $0 |
Demo Account | Yes |
Education Provided | Educational Blog |
Methods of Payment | Credit/Debit Cards, Bank Wire Transfer, Neteller, Skrill, PayPal, etc. |
Open Account |
Top Forex Brokers
Best for Low Spreads | Best for Speed | Best for High Leverage |
Fusion Markets is one of the top brokers that provide traders with low spreads | BlackBull markets is a great broker that provides traders with fast executions speeds. | FBS broker is a highly regulated broker that is best for high leverage trading. |
Broker Background
The Fusion Markets broker is a regulated broker that was founded in Melbourne, Australia, in 2017. The Fusion markets broker is one of the lowest cost brokers in the industry. Next we will talk about the trading platforms provided by the Fusion Markets broker.
Trading Platforms
The Fusion Markets broker provides traders with several trading platforms. These are the MetaTrader 4, MetaTrader 5, cTrader and TradingView trading platform.
TradingView
TradingView is our favourite trading platform. This trading platform provides the best trading interface and one of the best set of tools to analyse the markets and execute trades. This trading platform supports both web and mobile trading.
Fusion Markets is one of the few brokers supported by the TradingView platform, which is an advantage of using Fusion Markets.
MetaTrader 4
MetaTrader 4 is a great trading platform as well. It is very popular among forex traders. This trading platform is suitable for both beginner and advanced traders alike. This platform supports, mobile, web and desktop trading.
MT4 provides all the tools necessary to analyse the market and execute trades. The MetaTrader 4 trading platform is great for algorithmic trading as well.
MetaTrader 5
MetaTrader 5 is the successor to MetaTrader 4 trading platform. MetaTrader 5 provides you with a broader range of technical indicators. Like the MT4 trading platform, the MT5 trading platform also supports algorithmic trading.
cTrader
cTrader is a modern trading platform celebrated for its speed and transparency. Designed for both new and experienced traders, it provides a robust environment for forex and CFD trading.
Accessible on desktop, web, and mobile devices, cTrader offers a comprehensive suite of tools for in-depth market analysis. Its strength lies in algorithmic trading, empowering users to create and implement automated trading strategies.
Instruments Available For Trading
This Fusion Markets broker offers traders with 5 asset classes. These are forex, shares, cryptocurrencies, indices and commodities. Across these asset classes there are 250+ tradable instruments.
Forex
The Fusion Markets broker offers a range of forex pairs to trade. These include, major currency pairs, cross currency pairs and exotics. The average spread for EURUSD is 0.07 pips.
Shares
This broker offers a range of Share CFDs that traders can trade. These include, Apple, Amazon, Tesla, etc.
Cryptocurrency
The Fusion Markets broker offers traders with several Cryptocurrencies that can be traded. These include popular cryptocurrencies like Bitcoin, Ethereum, Dodgecoin, etc.
Commodities
This broker offers traders with a range of commodities. These include, precious metals such as gold, silver, copper and energies such as oil, natural gas, etc.
Indices
The Fusion Markets broker offers traders a range of indices. These include, AUS200, HK50, NAS100 and etc.
Regulations
Fusion Markets Broker is a regulated broker that is regulated by 2 different Regulators across 2 different countries. This broker is regulated by Australian Securities and Investment Commission (ASIC) and Vanuatu Financial Services Commission (VFSC).
Account Types
The Fusion Markets broker provides 4 main account types. These are, Zero Account, Classic Account, Demo Account and Fusion Pro account.
The Fusion Pro account is for professional traders. The Zero Account and Classic Account is for retail traders. In the next section we will talk about the commissions and spreads for these account types.
Commissions And Spreads
The commissions and spreads depends on the account type. For the Zero Account, the spreads starts from 0.0 pips and commission charged is $2.25 per side. For the Classic Account, the spreads starts from 0.9 pips and no commission is charged.
Leverage
The Fusion markets broker provides a leverage of up to 1:500. This is high leverage but not the highest in the industry.
Education Provided
This broker provides basic trading education and market analysis through blog articles.
Minimum Deposit
To start trading with the Fusion Markets broker, you do not require a minimum deposit. But it is recommended to at least invest $100 to start trading with them.
Awards
The Fusion Markets broker has won a range of awards mainly for their low spread account. In addition to this, this broker has an excellent rating on Trustpilot.
Methods Of Payment (Deposit and Withdrawal)
This broker provides traders with a range of payment methods for both deposit and withdrawals. For depositing funds, the payment methods are, Bank Wire Transfer, Visa/Mastercard, Interac, PayPal, PayID, Crypto, BinancePay, Skrill, Neteller, Jeton, Perfect Money, MiFinity, AstroPay, SticPay, ZotaPay, DragonPay, VNPay, VAPay, XPay, DuitNow, FasaPay, DurianPay, FPX, Pix, MPESA and UPI.
For Withdrawals, the options are, Visa/Mastercard, Local Bank Transfer, Bank Wire Transfer, Interac, PayPal, Skrill, Neteller, Perfect Money, Crypto, AstroPay, Jeton, DragonPay, MiFinity and etc.
Customer Service
When it comes to customer support, the Fusion markets provide traders with 24/7 customer service. Traders can contact the Fusion markets customer support through email, phone and live chat. Traders can also send a message through their contact form on their website.
Demo Accounts
The Fusion Markets broker does provide traders with a Demo account to practice trading. This is very useful for beginner traders.
Pros & Cons
The table below shows the Pros and Cons of the Fusion Markets broker.
Pros | Cons |
Low Spreads | Does’t Accept US |
Low Commissions | |
Fast Execution Speed | |
24/7 Customer Support | |
Supports TradingView |
Is this broker legit?
Yes, Fusion Markets broker is a legit broker that is regulated by the Australian Securities and Investment Commission (ASIC). This broker is great for it’s low spread account and the speed of trade execution. If you are interested in trading with the Fusion Markets broker, click the button down below.
Conclusion
In this article we reviewed the Fusion Markets broker in depth to see if this broker is a legit broker. We concluded that this broker is indeed a legit broker that offers traders with great features.