Withdrawal requests can last from 1 to 5 business days for Credit/Debit Cards and from 2 to 5 business days for bank wires. I have been extremely happy with the professional service provided since opening the account, the support has been first class and would be happy to recommend. I’m a new client, just i can say is spreads are the best and execution speed of trade is ok. Fusion Markets notes 24/5 customer support in 30+ languages, but I only came across e-mail support during my review.
Bitcoin is a volatile asset, particularly in comparison to our Forex currencies. While the spread is higher than typical assets, it’s important to note, this can be outweighed by the volatility of the asset class. It’s for this reason the margin requirements are higher on this asset class.At Fusion Markets, our mission is to deliver low-cost trading without compromising on customer support. Typically, we don’t operate by offering bonuses, cashback, and promotions; our preference is to let our service stand for itself. We understand this is a practice in this industry; however, our hope is our low-cost trading will deliver more value to our traders throughout their time with us. As mentioned, we take feedback seriously at Fusion, and we’d like the opportunity to hear from you directly.
Since there is no minimum deposit requirement, Fusion Markets notes the client average is $1,500+. I highly recommend the Zero account, as trading fees are up to 50% cheaper. Supported account base currencies are AUD, CAD, EUR, GBP, JPY, THB, SGD, and USD. I rank trading costs among the most defining aspects when evaluating a broker, as they directly impact profitability.
For international activities, the broker is licenced in Vanuatu and Seychelles. Starting to use their copy platform within a few days and will test a first withdrawl within a few months.
- Fusion Markets has no minimum deposit or withdrawal amounts or internal processing costs.
- I found the trading conditions to be excellent and there is a decent number of financial instruments to choose from.
- At our company, we place great emphasis on providing excellent customer service and we’re committed to maintaining this standard in the future.
- Classic account holders do not experience commissions, but spreads start from 0.8 pips.
Independently-minded investors can build their own portfolios with a self-managed account to save on fees. For everyone else, pre-designed QuestWealth portfolios are curated and managed by experts to help you meet your financial goals faster. While Fusion Markets might be worth considering, there are a number of other platforms to consider.
That said, it’s a relatively new company (founded in 2017) and it only began making trades in 2019. You’ll need to be relatively tech-savvy to use the Fusion Markets‘s platform since all trades are carried out online. That said, MetaTrader 4 is standard software and https://broker-review.org/ is easy to learn how to use if you’re willing to put a bit of leg work in right out of the gate. TradingBrokers.com is for informational purposes only and not intended for distribution or use by any person where it would be contrary to local law or regulation.
How does Fusion Markets keep my money safe?
The FAQ section left me unsatisfied and searching for answers elsewhere. Live chat is supposed to exist, but I could not access it anywhere. Additionally, I am missing a direct phone line to the finance department, where most issues can arise. Below is a list of trading cost examples for buying and selling the EUR/USD, holding the trade for one night and seven nights in the commission-based Zero account.
At our company, we take customer service very seriously and are committed to providing the same level of service in the future. We understand that convenient deposit and withdrawal methods are crucial for our clients, and we are constantly working to improve in this area. Additionally, please keep in mind that we offer 24/7 support and are always available to assist you. We look forward to continuing our partnership with you for many years to come. Fusion Markets offers two account types, the commission-free Classic, and the commission-based Zero option.
What can I trade with Fusion Markets?
GAML holds an Australian Financial Services Licence (226199). It is regulated by the Australian Securities and Investment Commission. Fusion Markets allow the trading of most traditional forms of investment material at a high level.
Some of the reviews and content we feature on this site are supported by affiliate partnerships from which this website may receive money. This may impact how, where and which companies / services we review and write about. Our team of experts work to continually re-evaluate the reviews and information we provide on all the top Forex / CFD brokerages featured here. Our research focuses heavily on the broker’s custody of client deposits and the breadth of its client offering. Safety is evaluated by quality and length of the broker’s track record, plus the scope of regulatory standing. The platform not only boasts remarkably low costs and fees but also stands out for its wide array of tradable products.
Good Broker
I am happy with the top-tier regulation that the broker has and would not have any worries using them for trading. Fusion is an ECN forex broker but due to regulators restricting the use of the term ‘ECN’ it’s self-terms a RAW forex broker. To have market based spreads you need to select their RAW account. Additionally, Fusion Markets offers sponsored forex VPS hosting services for both MT4 and MT5, so your automated trading strategies stay online 24/7.
Fusion Markets Sections
Fusion Markets fees are built into the spread and the account types traders choose. Based on our user review, the broker offers low-commission trading for Australian clients, starting from USD 2.25 per 1 standard lot. What refers to cryptocurrency trading, Fusion Markets does not charge any commissions. Fusion Markets is a regulated broker with favorable trading conditions and transparency suitable for beginners and experienced traders.
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The fact that they are regulated means that I can trade with them knowing that my funds are safe so that I can focus on my strategies. It’s wonderful to hear from you and we’re delighted to know that you had a positive experience with us. At our company, we place great emphasis on providing excellent customer service and fusion markets review we’re committed to maintaining this standard in the future. We’ve recognized that execution speed is of utmost importance to many of our traders, especially those who engage in scalping the markets. Our Zero Account is an ideal choice for those seeking fast execution speed, along with low commissions and spreads.
They have a strong reputation not only in Australia but around the world, and are generally well-reviewed and trusted by a very large client base. Critical to any broker, regulation and a secure trading environment are something you will find in place at Fusion Markets. The broker is regulated both by the Australian Securities and Investments Commission (ASIC), and the Vanuatu Financial Services Commission (VFSC), a respected offshore regulator. Fusion Markets does not charge an inactivity fee as well, however, traders need to consider rollover fees which are charged in case the position is open longer than a day. Best company I haver deal with, really professioanl platform great spread !
How do I contact Fusion Markets support?
When it comes to the no-commission accounts, Fusion performs well, showcasing tight spreads and low commissions similar to their ECN account. We use dedicated people and clever technology to safeguard our platform. Low commission,most of the time zero pips spread if not then the spread is very small. In his role, David works with a team of writers to develop content for the site, this includes planning future content and editing and proofing existing works. David also has deep knowledge of the Forex industry and spends substantial time fact-checking the accuracy of the information about the brokers for the website. In my opinion, FP Markets is superior for Australian Forex traders.
It’s important to realize that while Fusion Markets offers a leverage of 500 to 1, leverage of this level is incredibly risky. If you make a bet on this maximum level of leverage you could end up deeply indebted if it goes poorly. Please use due diligence when investing, and avoid making unwise investments. Fusion Markets lacks crypto which may not be an issue for everyone. Fusion Markets is considered safe because it is regulated by a top-tier Australian regulator.