Fusion Markets review 2024: fees, pros, cons & more

fusion markets review

If you do want a broker stacked with educational content, you might want to consider Fortrade. The Fusion Markets MAM system offers money managers a high performance multi account manager solution through the MetaFX platform. The platform is known for its stability, flexibility and execution speeds. As they try to keep execution and trading costs low, there is a 0.1 pip execution cost added across all products on the MAM platform. I find this to be very reasonable and not much different from what you will find elsewhere.

very satisfied experience

It’s great to see you called out our 24/7 support team, who wire tirelessly around the clock to provide the best experience possible for our traders.Don’t hesitate to reach out if there is anything we can do better. Hi Peter,Thanks for taking the time to share your experience with the Trustpilot community.Our Swap Fees are passed to us by our liquidity providers, and during volatile periods, these rates may increase. However, we will take this feedback on board and see what we can do to reduce these costs in the future.Best wishes and feel free to reach out with any other issues. A copy trading system can be helpful for traders who want to mimic their winning trades.

User reviews

Other than the aforementioned Classic, ZERO, and Swap Free accounts, which differ mainly in their fee structure and offer of certain products, Fusion Markets also offers a demo account. This is a nice benefit for beginner traders, as well as more experienced traders looking to familiarise themselves with the platform before starting to trade with real funds. Fusion Markets distinguishes itself with a customer-centric approach, placing emphasis on providing efficient and friendly customer support. Traders can reach out to the support team through live chat, email, or phone, ensuring prompt assistance with any queries.

One of the best brokers

This includes pros, cons and an overall rating based on our findings. We aim to help you find the best broker according to your own needs. https://traderoom.info/fusion-markets-an-overview/ The Zero account is the most popular with spreads starting from just 0 pips and a very competitive commission charge of $4.50.

Risks of copy trading

fusion markets review

This account will tend to have lower spreads and thus may be deemed more suitable for those whose strategy relies on tight spreads, such as scalpers. You can choose from multiple order types as well as one-click trading for faster access. This includes pending, limit and instant market execution orders. For traders elsewhere, a broker with negative balance protection and more robust regulatory oversight could be a safer option. The 10 deposit currencies, including USD, AUD and EUR, will also suit global traders and should negate many conversion fees. There is also a swap-free account for Muslim traders, with 50 instruments and an administrative fee charged for open positions once every seven days.

fusion markets review

Fusion Markets offers a great mobile trading platform

  1. If there is anything we can do better, please don’t hesitate to reach out.
  2. All you need to do is complete a simple web form, verify your residency, and choose an account type.
  3. I actually use a third-party provider for my VPS but find it to be an invaluable tool.
  4. Every platform has its unique strengths for different traders.
  5. The Fusion MT4 platform is driven by various cutting-edge technologies, including the very cheap price you see, 0.02ms transaction execution, and the option to link to Fusion Market’s Fusion Hub for account management.

It’s great to see you had a great experience with our Account Managers, they’re here to ensure our clients have the best possible start at Fusion Markets.Let us know if there is anything we can do better. I’m such a sucker for good to excellent customer service and you folks have it in spades. Guy called Rizalyn Joy get the job done in a couple of minutes. He helped me to log in and verify my account really quick. The chatbot responds quickly that’s why I get immediate answers to my questions and concerns. One thing I like also is Fusion Markets sends Daily Confirmation of my trades.

According to the Australian brokerage, the average deposit made by most retail customers equals $1,500 or more. Fusion Markets does not charge brokerage fees on deposits except if transferring from an international bank to an Australian bank (usually USD $20-$30). This means there are no costs to use Visa, Mastercard, or bank wire from an Australian account to another Australian account.

MT4 mobile apps for iOS- or Android-based smartphones or tablets enable clients of Fusion Markets to manage their accounts, open or close a trade, check live forex prices and use an array of analytical tools on the go. Fusion Markets was established in 2017 with Phil Horner (ex-Pepperstone) spearheading the company along with other veterans in the Australian forex industry. From the start, their vision is not just to be a low-cost provider but to give traders access to markets at a much lower cost than the standard.

On the downside, its suite of shares trails both alternatives with exposure to US stocks only. Having traded since 1998, Justin is the CEO and Co-Founded CompareForexBrokers in 2004. Justin has published over 100 finance articles from Forbes, Kiplinger to Finance Magnates. He has a Masters and Commerce degree and has an active role in the fintech community. He has also published a book in 2023 on on investing and trading. Yes, Fusion Markets is considered a safe broker, with a trust score of 42 out of 100.

Don’t hesitate to reach out if you ever need any assistance. Fusion Markets offers many trading platforms, which is great! From the start, they welcome you well with a lot of support. They also offer many deposit options and the trading fees are very low with the ZERO account. I would greatly appreciate your understanding and feedback. As an experienced trader, you’ll probably want a mobile trading platform with several useful features.

We’re glad you’ve enjoyed our customer service so far; they operate 24/7 and work tirelessly to ensure our clients get the support they deserve.Best wishes with your trading journey and reach out if any issues come up. Hi,Thanks for leaving some feedback for the Trustpilot community.Fusion Markets strives to quickly approve our client’s account; in saying this, we have strict regulatory requirements in place that dictate what documents can be used to approve accounts. We’re confident if we work together, we can solve this issue and ensure that you are able to have your account approved with us.Please reach out to , and we’re more than happy to have these matters investigated and clarified. Also, please let us know what more we can do to ensure you have a 5-star experience with us.

Hi Adam,Thank you for reaching out and voicing your concerns regarding your recent trading experience with us. We take all feedback seriously and are committed to ensuring a fair and transparent trading environment.I want to reassure you that we do not manipulate trading conditions to adversely affect client positions; we are a strictly non-dealing desk brokerage. Also, the event you are describing is not a Fusion Markets isolated event but a function of trading. Hi,Thank you for sharing your experience with us on Trustpilot.We understand how frustrating issues with payments can be, Please know that we take concerns about transactions and client deposits and withdrawals as a matter of priority.

A major perk of Fusion Markets is their remarkably low commission fees, priced at just $2.25 per lot, per 100k traded. This commission fee is significantly below the industry average and approximately 35% lower than the $3.50 charged by competitors such as Pepperstone and IC Markets. Some brokers should take an example from Fusion Markets https://traderoom.info/ in terms of responsiveness. All the exchanges I had with Fusion people were very courteous and do their utmost to help you. Very bias in all forms, insanely unfair to clients, a lot of unnecessary restrictions, very tight spread. It’s great to hear you’ve been enjoying Fusion Markets.Let us know if there is anything we can do better.

Fusion Markets is regulated by the Australian Securities and Investment Commission (ASIC), a leading tier-1 authority. For international activities, the broker is licenced in Vanuatu and Seychelles.