CTrader for mobile is designed to offer robust charting and analysis tools, one-click trading, and real-time data synchronization across all devices. This can make it great value for money with more active or experienced traders. There is a commission of AUD 4.50 per round-turn trade charged but this is very competitive in the industry when considering trade commissions even from low-cost brokers. The broker has recently added advanced cTrader to its trading platforms, available through desktop, mobile, and web versions. Moreover, Fusion Markets is planning to include TradingView as well, which is a great advantage for Professional traders.
The platform not only boasts remarkably low costs and fees but also stands out for its wide array of tradable products. Overall, the combination of low fees and a diverse range of tradable products makes Fusion Markets an outstanding choice for traders looking for both variety and affordability. To enhance transparency, we regularly publish our historical spreads.If you have any concerns about your trades, please don’t hesitate to reach out to us at , mentioning Mitchell. 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.
- Products such as wheat, coffee, sugar, and cocoa are available to trade with Fusion Markets with no commissions or exchange fees.
- It doesn’t matter what your experience level or investment size is, everyone can get access to some of the best trading conditions you will find anywhere.
- With just a few clicks, you can select, modify or remove strategies.
- Some also raise issues with the lack of negative balance protection and the fact that Fusion Markets isn’t regulated in Canada.
The choice of equities focuses on large-cap blue-chip stocks, but I am missing international ones and ETFs. While the selection suffices for traders seeking highly liquid stocks and those trading names trending on social media, it remains insufficient to manage diversified equity portfolios. Fusion Markets have a good choice of methods for depositing and withdrawing funds from your trading account. This includes bank wire, credit/debit card and e-Wallets such as Skrill, Neteller, Fasapay, Jeton Wallet and Perfect Money. Some fees may be charged when using certain payment methods so you should check with them beforehand.
Founder & CEO of Fusion Markets, Phil Horner, states that “I started Fusion because I believe our clients deserve to trade the markets for a radically lower cost than what exists today. Having spent a decade at different Australian brokers, my vision is to change people’s expectations of their forex and CFD brokers. That’s our vision.” I personally believe that they have gone on to achieve this and much more. Since I first heard of them a few years back I have watched them grow into one of the most well-respected brokers in the industry. I have had an account with them for years and never had any problems whatsoever. Phil and the support team have always gone above and beyond expectations.
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. 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.
Any product claim, statistic, quote or other representation about a product or service should be verified with the manufacturer, provider or party in question. We may receive compensation when you click on links to products we review. Fusion Markets notes 24/5 customer support in 30+ languages, but I only came across e-mail support during my review. The FAQ section left me unsatisfied and searching for answers elsewhere.
What Leverage Does Fusion Markets Offer?
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. Fusion Markets offers a variety of payment options, such as wire transfers, Debit/Credit cards, and electronic wallets.
It’s important to note that additional fees may apply when trading with a different currency than the base currency selected by the trader. Additionally, overnight fees, also known as swap fees, may be charged by liquidity providers. Traders can enjoy the various features that Fusion Markets’ range of platforms provides, from customisable charts to excellent execution speeds. With over 250+ available instruments for trading, this Australian forex broker offers a state-of-the-art technological solution for all of its clients. On the negative side, Fusion Markets lacks research tools, and CFDs on stocks are not available.
Best company I haver deal with
Our team is dedicated to improving our platforms to provide exceptional service to our esteemed clients. We are delighted that you are impressed with our spreads and high frequency data, and we strive to maintain our position as the most cost-effective broker for all our clients. Your willingness to refer us to your friends is greatly appreciated.
How do I contact Fusion Markets support?
Fusion Markets is considered safe because it is regulated by a top-tier Australian regulator. That said, it’s a relatively new company (founded in 2017) and it only began making trades in 2019. It also gets a black mark because it’s not regulated by Canadian authorities like the Investment Industry Regulatory Organization of Canada (IIROC) or the Canadian Investor Protection Fund (CIPF). Retail traders in Australia will have restricted leverage because of ASIC regulations. Traders who qualify as professional traders or are outside Australia will have a more generous leverage allowance. Fusion markets is so attentive at giving customers care and support.
CFD and Forex Review
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. There are no inactivity fees or fees for deposits and withdrawals. What’s more, the broker provides spread-free and commission-free accounts that offer suitable fee structures for different trader types. No wonder Fusion Markets was awarded as the Lowest Commissions Forex Broker in 2020, 2021, and 2022. In order to better understand the fee policy of the broker compared to the competition, let’s compare the numbers.
Keep in mind that most online banking and credit card options are instant, but bank transfers may take up to three business days. The available funding options are Visa, Mastercard, Skrill, PayPal, and Astro Pay. It’s delightful to receive your message, and we are thrilled to know that you are satisfied with your experience so far.
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The broker provides for an extensive selection of forex currency markets. This is a large number and provides for major, minor, and exotic fusion markets review pairs. Considering the Fusion Markets spread and commissions charged, this will depend on the account type you choose to open.
Regulation under ASIC is available to Australian clients only, while clients from other countries will trade under the VFSC-regulated entity of Fusion Markets. Negative balance protection is provided to those trading under ASIC, though there is limited investor protection under VFSC. Fusion Markets does not provide meaningful education to beginners. While its blog and the Technical Insights section include educational content, it does not substitute for a well-thought-through course to help beginners start their Forex journey. I do not consider the absence of education a negative, but it creates a services gap compared to established brokers. I want to caution beginner traders when using demo trading as an educational tool, and they should consider the limitations.
You can trade 10+ indices across the globe and you pay $0 in commissions. You will be provided access to a group of shares such as the top 500 largest US companies. When it comes to the no-commission accounts, Fusion performs well, showcasing tight spreads and low commissions similar to their ECN account.
