Fusion Markets Reviews Read Customer Service Reviews of fusionmarkets com

It is, therefore, unsuitable for those who lack proficiency and sufficient experience. Fusion Markets is required by law to keep client funds fully segregated from the company’s operational capital. Funds are not technically guaranteed under Australian Law but under ASIC regulations, they have to be fully segregated and therefore, are effectively protected. Client money is deposited into segregated accounts at National Australia Bank (NAB), which ranks among the top 50 banks in the world. The available financial markets include over 90 forex pairs, popular cryptocurrencies, stocks, indices, precious metals, energies, and soft commodities. There are four different precious metals (gold, silver, platinum, and palladium).

Execution Model

The charts, orders, and various instruments are located in easy-to-find places, and even first-time traders can quickly learn their way around. My only gripe with the platform is that its charts feel rugged and outdated compared to newer and sleeker trading stations. 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. When we review brokers, we look at the licenses held by each of their entities to understand how well they protect clients. We use a simple three-tier system to rank regulatory bodies, with Tier 1 being the most trusted and offering the highest level of protection.

Deposits are fast, and there are no setup or account maintenance fees. Choose between a Classic or ZERO account depending on whether you prefer spread-only or commission-based pricing. Fusion Markets does not offer an investor compensation scheme, unlike brokers regulated in the EU or UK. This means that while the broker adheres to strict fund segregation and capital adequacy rules, there is no compensation fund in case of insolvency. The broker does not offer Guaranteed Stop Loss Orders (GSLOs), which are available at some market maker brokers but usually come at an extra cost.

What Account Types Does Fusion Markets Offer?

However, since it lacks EU or UK regulation and an investor compensation scheme, it is not classified as a top-tier global broker. Fusion Markets operates on a pure ECN (Electronic Communication Network) model. This means it does not act as a counterparty to client trades and instead connects traders directly to liquidity providers. The result is fast execution, minimal slippage, and no dealing desk intervention — ideal for traders who rely on precision and speed.

The broker earns a top mark from us where costs are concerned as overall, it is one of the best brokers you can find when it comes to fees. Conversely, you pay interest when the swap is negative, meaning the currency you bought has a lower interest rate than the one you sold. During our review of Fusion Markets, we noticed that certain account functionalities are unavailable. Here is a list of a few features that Fusion Markets lacks but are offered by some other brokers. 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.

What are Fusion Markets spreads and commissions?

While the broker’s research is practical and reliable, its educational materials are somewhat limited compared to larger competitors. If you’re outside Australia, there’s no suitability test required, so you can start trading right after approval. Fill in your basic information such as name, address, and country of residence. This usually makes the Classic account the more expensive option overall. To get the exact Classic account spreads, just add 0.9 to the spreads listed for their ZERO account.

Pro Account (ASIC Clients Only)

• Your feedback means a lot to us and motivates our team to keep delivering excellent support.
• Some of its other features include one-click trading and 3 market depth settings (standard, price, and VWAP).
• Fusion Markets’ MT5 platform is available on Windows and Mac and supports 39 languages, including English, French, Spanish, German, Arabic, Chinese, and more.

I paid close attention to execution speed, platform stability, and customer support during my test. Investingintheweb.com does not provide any offer or solicitation to buy or sell any investment products, nor does it constitute an offer to provide investment advisory services. This website is free to use but we may receive commission from some of the merchants mentioned. The inclusion of Interactive Brokers’ (IBKR) name, logo or weblinks is present pursuant to an advertising arrangement only. IBKR is not a contributor, reviewer, provider or sponsor of content published on this site, and is not responsible for the accuracy of any products or services discussed. Depending on your residency, you may open your Fusion Markets account overseen by a different regulatory entity.

Fusion Markets Trading Fees

It also boasts an excellent Trustpilot rating of 4.8 out of 5 stars from more than 4,800 reviews, showing high satisfaction among its clients. The company was founded by Phil Horner, who has decades of experience in the forex and derivatives industry. His vision was to create a broker that combines low trading costs, advanced technology, and honest service. Under his leadership, Fusion Markets has grown rapidly and earned a strong reputation among traders. On the plus side, there is no minimum deposit, a free demo and commission-free trading in the Standard account that keeps pricing straightforward.

Five-star reviews account for 86% of all consumer reviews of Fusion Markets compared to 3% for 1-star scores. Trading 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.

• This ethos extends to their “White Glove Support,” where live account holders receive assistance from their own trading specialist to navigate the platform.
• To see how Fusion Markets really performs, it helps to compare it with a few of its biggest rivals.
• Its range of currency pairs is among the best you will come across, although Fusion is slightly lacking in terms of other asset classes.
• However, when it comes to education, there is still room for improvement.
• The broker supports a strong lineup of platforms, including MT4, MT5, cTrader, TradingView, and DupliTrade, and also offers free VPS hosting for low-latency trading.

How Fusion Markets’ Instruments Compare to Competitors

Fusion Markets also provides a swap-free Islamic account that complies with Sharia principles, allowing traders to open positions without overnight interest charges. The broker is financially stable and continues to grow its client base each year. However, it does not hold licenses in the European Union or the United Kingdom, which limits access to investor compensation schemes available under those jurisdictions. To further protect traders, Fusion Markets is also a member of The Financial Commission, an independent dispute resolution organization.

Demo accounts are available to try out Fusion Markets with virtual funds. New demo accounts expire after 30 days, however, the demo account size can be set to unlimited upon request once you fund your live fusion markets broker review account. This leaves you free to try out multiple trading strategies without time restrictions. As always, the demo account is intended as a stepping stone to live trading. Customers can connect their demo accounts to MT4, MT4, cTrader, and TradingView but Fusion+ Copy Trading is unavailable for free trial. A core feature of trading with Fusion Markets is their commitment to keeping clients’ trading costs as low as possible.

Classic Account

It charges no deposit, withdrawal, or inactivity fees, setting it apart from many competitors that penalize inactive accounts. Fusion Markets is ideal for scalpers, algorithmic traders, and cost-conscious retail clients who want professional-grade trading conditions at a fraction of the usual cost. The setup was quick, and the spreads were among the lowest I’ve seen.