Fusion Markets Review
Fusion Markets is a fantastic forex broker with low commissions. With cheap trading and non-trading costs, the account opening process is quick and simple, and customer care responds quickly and accurately. Fusion Markets is one of the finest retail brokers for customers who focus more on automated, copy trading, or social trading.
Fusion Markets is an online Australian forex and CFD broker founded in 2017 by veteran traders with a vision of providing a versatile retail trading environment in terms of trading products, platforms, and low-cost trading. I certainly feel as though the broker has been successful in fulfilling its promises so far. Fusion Markets is authorised and regulated by regulatory authorities in ASIC and VFSC. The broker offers third-party platforms from MetaQuotes and copy trading apps like the popular DupliTrade. In addition, I like how the broker provides plenty of research tools for you to analyse the markets in detail. The broker offers a good range of financial instruments including CFDs on forex, metals, energies, indices, and shares.
Fusion Markets are a CFD broker offering trading on the MetaTrader platforms with low commission, tight spreads, no fees to deposit and no minimum account size. They provide low cost and accessible trading for everyone, regardless of your prior trading experience or investment size.
Fusion Markets is regulated by Tier-1 Australian regulatory bodies and offers sophisticated trading tools and environment. A wide range of trading instruments on low-cost trading and no deposit or withdrawal fees make Fusion Markets a tough competitor in the industry. In addition, trading services like a VPS, copy trading, managed accounts (MAM), and Myfxbook AutoTrade provide traders with one place to go who are fond of automated trading and looking to take a hands-off approach. On the other hand, the broker does not offer swap-free accounts and is not accepting clients from some countries, including the US. In addition, the broker provides limited educational resources to its traders.
- Tier-1 Regulated broker
- Sophisticated automated trading tools
- Economic calendar
- No minimum deposit
- Tight spreads and low commissions
- Fast order executions
- Multi Account Management (MAM)
- No deposit or withdrawal fee
- Data and news on fundamentals
- Demo trading
- Live chat, phone, and email support
- Negative balance protection
- Fully digital and fast account opening
- Clients from the US and some other countries not accepted
- No swap-free accounts
- Little to no education resources
- No 24/7 customer support
Fusion Markets offers a good selection of trading products in various asset classes such as forex, commodities (energies and precious metals), indices, cryptos and share CFDs. However, the broker lags in providing access to other popular asset classes such as real shares, ETFs, options, and bonds. If you are looking for a better selection, IG have a huge range of over 18,000 instruments for you to choose from.
Fusion Markets Instruments Summary
Commission and Spread Fees
Fusion Markets provides a truly low-cost and transparent trading environment as it promises. You can trade with a minimum spread of 0.8 pip for zero commission trading. Otherwise, you can choose to pay a competitive AUD 4.5 commission per round turn and get access to tight spreads as low as zero pips which can be great for short-term strategies such as scalping. On top of that, Fusion Markets also provide cash rebates except on Fusion+ accounts. Whilst I like that they have spreads from 0.0 pips, you can get similar spreads with lower commission fees from other brokers including IC Markets.
|Fee||Zero Account||Classic Account|
|Commission (per standard lot per side)||$4.5||$0|
Deposit and Withdrawal Fees
Fusion Markets provides the ability of free-of-charge deposits and funding options to its customers. However, the payment method may incur service charges of its own, so verify the charges that may be applied before performing a transaction.
Fusion Markets fulfils its promise of caring about its clients and does not charge an inactivity fee from you if you do not trade for a certain period of time.
Fusion Markets believes in providing familiar and straightforward trading to traders and therefore gives you access to the widely used MetaQuotes trading platforms: MetaTrader 4 and MetaTrader 5. Moreover, the broker provides the most suitable environment for traders who like to invest in different strategies with AI expert advisors. The investors amongst you can also copy professional multi accounts managers’ portfolios (MAM) or Myfxbook AutoTrade services. The broker also offers discounted virtual private servers (VPS). On the other hand, if you are a good trader with impressive performance history, you can start a PAMM account and manage other investors’ funds to earn performance fees. The broker also gives you access to mobile trading applications for those who who want to trade via hand-held devices anywhere whilst on the go. Let’s discuss trading platforms and tools in depth provided by Fusion Markets.
MetaTrader 4 (MT4)
Many brokers provide MetaTrader 4, the world’s most popular forex trading platform. MetaTrader 4 is a popular trading platform used by millions of CFD traders across the world. It is well-known for its user-friendly and straightforward interface, which enables efficient trading for all. As a result, it is the platform of choice for many new and experienced traders alike. In addition, fusion MT4 features fast executions and the option to link to the Fusion Hub for account management. The following are some of the features that set MetaTrader 4 with Fusion Markets apart from the competition:
- Over 50 indicators and scripts
- Customisable chart templates
- Forex, CFDs, and Cryptocurrencies trading
- A variety of order types
- One-click trading option.
- Automated trading with Expert Advisors EAs
- 24/7 Forex VPS Hosting Service for Forex Trading
- Myfxbook AutoTrade
- 3 Chart types and 11 Time frames
- Push notifications
- Market Watch
- Also available for Android and iOS devices
MetaTrader 5 (MT5)
MetaTrader 5 (MT5) is MetaQuotes’ follow-up platform, which Fusion Markets provides mainly for trading CFDs in shares. The MT5 platform was built from the bottom to support numerous assets and connect to multiple exchanges and new markets. By opting for Fusion’s MT5, you’ll have access to the same cheap trading fees and conditions as the MT4 platform but with considerably more features and functionality. Here are some key features of MT5:
- Trade forex, stocks, futures, and CFDs
- Increased processing speed
- 21 timeframes
- Advanced order types
- 80+ charting objects of technical analysis
- Market depth
- MQL5 marketplace
- Automated trading via Expert Advisors EAs
- Virtual Private Server (VPS)
- Also available for Android and iOS devices
Fusion Markets considers the ease of trading from hand-held devices on the go. Therefore, the broker offers access to MT4 and MT5 trading platforms on Android and iOS mobile devices. You can get these trading apps through any broker who provides MT4/5, FXPIG being another option to consider.
Traders may enjoy trading from the browser of any device with an internet connection via the MetaTrader web platforms. I like the flexibility that the web platform provides as it can be accessed from any web browser. You will always get the latest version without needing to install any software.
Multi Account Manager (MAM/PAMM)
Professional traders who handle funds for other investors and are looking for affordable expenses and dependable technology can use a Multi-Account Manager (MAM/PAMM) solution provided by Fusion Markets. Performance fee or commission is deducted during the process. They have a pretty solid offering that I would say is comparable to what you will find with FXOpen.
Clients of Fusion Markets can use the DupliTrade service to copy trading activities of other traders with a proven track record right into their Fusion Markets MT4 account. You may choose, alter, or remove strategies with only a few clicks. DupliTrade only contains professional traders with a proven track record. DupliTrade is available through a limited choice of other brokers including AvaTrade.
Fusion Markets offer access to one of the world’s largest online forex trading communities Myfxbook AutoTrade, a social trading platform and community that lets you follow and replicate traders on Myfxbook. Rather than displaying every system available, Myfxbook only displays the finest trading systems they hand-pick based on overall performance. In addition, they only contain active accounts, and you have complete control over whether or not a system is added or removed from your account. This can be a good way for you to copy trading signals but there can be no guarantee on results.
Virtual Private Server (VPS)
Traders at Fusion Markets may sign up for a low-cost VPS hosting service from third-party providers like FXVM and NYC Servers. Clients that trade more than 20 lots in a month will receive a credit for standard VPS costs at the end of the month. You can also get a free VPS from some other brokers such as Key to Markets.
Fusion Markets Platforms Summary
|MetaTrader 4 (MT4)||✓|
|MetaTrader 5 (MT5)||✓|
|Other (DupliTrade, AutoTrade, VPS, MAM/PAMM)||✓|
Fusion Markets’ website contains several valuable educational and research tools. There’s also a FAQ section with answers to some of the most often asked topics by traders. Also, the broker offers demo trading accounts for newbies and different trading calculators to help you with frequent calculations. The broker has an impressively easy to understand economic calendar for traders to get updates of fundamental economic data. However, there are no trading platform tutorials or other educational videos on the broker’s website. It would be great if Fusion Markets provided some trading courses along with some webinars or education podcasts for its customers to be up to date. For trading courses you might want to have a look at Admirals as they have a good selection. That being said, Fusion Markets conducts excellent research which can be great for inspiration. Many research tools are available, ranging from trade ideas to high-quality news feeds.
Traders can obtain a rapid, actionable market picture with analyst views, spanning all Fusion Markets’ products, including forex, commodities, and indices. Here are some features of Analyst Views you may find useful:
- Real-time trade setups
- Key Support and Resistance Levels
- Alternative setups
- Reasons behind the trade and comments
- As a Custom Indicator on MT4
Technical Insight helps traders of all levels to discover market opportunities with a balanced feature set of thorough, hands-on analytics, instructional support, and customisability.
- The indicators used in technical analysis
- Interactive charts
- List of your favourite items
- Technical analysis for the short, medium, and long term
- The most popular trades in the area
Market Buzz makes use of cutting-edge Artificial Intelligence to filter through hundreds of articles and sources and concisely summarise the wisdom of the crowd for you.
Fusion Markets offers several trading calculators that may help you complete various calculations fast and efficiently in preparation for your trading activity, such as:
- All in One Calculator
- Currency Calculator
- Pip Value Calculator
- Margin Calculator
- Swap Calculator
- Profit & Loss Calculator
There is an economic calendar on the Fusion Markets website to see the most recent fundamental data releases. Date, time, significance, and country may all be used to filter the news. Each news release’s actual, forecasted, and past results are displayed on the calendar. When used as part of a trading strategy’s fundamental examination, it may be a beneficial tool.
Fusion Markets Research and Education Summary
Fusion Markets offers a variety of payment options, such as wire transfers, Debit/Credit cards, and electronic wallets. The broker also offers withdrawal via local bank transfers in some countries. However, it would be fantastic if the broker also offered cryptocurrencies as a payment option as well. For crypto funding, you might want to consider PU Prime as an alternative option.
Fusion Markets Funding Summary
Fusion Markets is authorised and regulated by the Australian Securities and Investment Commission (ASIC) and the Vanuatu Financial Services Commission (VFSC). The broker is under compliance with ASIC to keep its clients’ funds in separate bank accounts than its operational costs and provides negative balance protection only to the clients under the jurisdiction of ASIC.
Fusion Markets Regulation Summary
|SFC (Hong Kong)||x|
Fusion Markets Safety
Fusion Markets is not listed on any stock exchange and does not have a banking license. However, its performance in terms of customer satisfaction and safety is well-known despite its short time in the industry when compared to some other brokers. I am satisfied with the brokers regulation and have no problem trusting them. If you are looking for a broker regulated in more jurisdictions, Forex.com are one of the most well-regulated brokers that you will find.
Customers of Fusion Markets can contact support 24/5 via live chat, phone, and email. I think the broker could improve by adding support during the weekends to keep pace with competitors such as FP Markets.
Fusion Markets is a licensed broker that offers a variety of trading instruments in a variety of asset types. For many devices, the broker supplies clients with robust and easy MetaTrader platforms. As a result, they have extremely reduced costs, maintain narrow spreads, and execute trades quickly. You have access to handy trading tools, a variety of account financing alternatives, and outstanding customer service, in addition to some of the best trading conditions.