Fusion Markets is an Australian forex broker licensed and regulated by ASIC, founded in 2017.
Fusion offers two accounts: Zero and Classic. The Zero account is ideal for beginners as there is no minimum deposit requirement.
Deposit and withdraw funds using any major credit or debit card; electronic wallets such as Paypal are also accepted by this company. Within Australia, withdrawals are free; international withdrawals incur a charge of 20 AUD per withdrawal transaction.
Regulatory Compliance
Fusion Markets is licensed by the Australian Securities and Investments Commission (ASIC), making it one of the safest brokers available to Australian traders. Client funds are stored safely at Westpac Bank segregated accounts – no internal deposit fees apply when making transactions via debit/credit cards, bank wire transfer, or any other method in Australia.
All severe traders should look for brokers using an ECN trading model to search for an appropriate broker. Doing so helps establish trust levels while offering fast execution speeds – key characteristics to look out for when selecting their broker.
Fusion Markets’ ASIC regulation offers negative balance protection to novice traders, providing peace of mind when trading. Unfortunately, professional clients trading via Fusion Markets Pro account or under the Vanuatu regulations won’t receive this safety feature, an oversight as many other brokers provide it as standard to all their clients.
Trading Platform
Fusion Markets is an MT4 and MT5 broker offering an array of trading instruments, including Forex, Gold & Silver, Oil, Stocks Indices, and Cryptocurrencies. Their competitive trading costs, VPS hosting service, and copy trading services make Fusion Markets stand out.
Fusion offers a demo account and two types of live performances: Zero and Classic. Zero charges are designed for beginners, while Classic ones feature lower trading commissions. No minimum deposit requirements or internal processing fees are associated with withdrawals within Australia, while international bank wires incur an extra $ 20 AUD charge.
Fusion Markets’ partnership with DupliTrade, an innovative social trading tool, allows novice traders to copy the trades of more experienced traders while they learn and avoid costly mistakes. Furthermore, this broker also hosts trading competitions and provides advanced educational materials. For their convenience, customer support can also be reached through live chat at the bottom right corner of its website.
Customer Service
Fusion Markets, an Australian broker, provides an exceptional online trading environment with Forex, stocks, and crypto instruments at spreads starting from 0.0 pips – alongside fast execution speeds and valuable trading tools – from its offices in Australia. Gleneagle Asset Management Limited’s Fusion Markets brand operates under ASIC license number 226199, while in Vanuatu Financial Services Authority regulation, it holds license number VFSAC1.
Fusion offers trading ideas, quality news feeds, and extensive educational resources, such as guides and courses from third-party education providers. Furthermore, 24×5 live support in English (and Thai during Australian business hours).
Additionally, this company adheres to ASIC client money regulations by holding client funds in segregated accounts with one of Australia’s four big banks – Westpac in this case – offering great peace of mind to clients.
Trading Tools
Fusion Markets provides traders with various analytical objects to assist in making informed trading decisions, such as regression channels, Andrews Pitchfork analysis tools, halfway measures, and drawing tools designed to identify trends.
Broker also provides mobile MT4 applications to allow traders to trade while on the move, which are compatible with Android phones and iPhones/iPads, and offer traders the same trading experience as when changing from the desktop version of MT4.
Fusion Markets makes withdrawing quickly and effortlessly simple for clients who value convenience. All withdrawal requests are processed on the same day (or the following business day if outside business hours), with funds reaching your bank account within 1 to 5 business days, depending on which withdrawal method was used.
This broker accepts various popular payment methods to fund accounts, including debit and credit cards from Visa and Mastercard and e-Wallet services like Skrill, Neteller, Fasapay, and Jeton Wallet. Furthermore, deposits and withdrawals can be made in any primary currency.
