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Fusion Markets is an Australian based international Forex broker, that is licensed by ASIC, and claims to offer Australia’s Lowest Advertised Forex Commisions. Found at FusionMarkets.com, this beginner friendly Forex broker allows any investor with any minimum account to partake in trading Forex and CFDs in an effective, secure and convenient manner.

Fusion Markets is owned and operated by Gleneagle Asset Manangement Pty Limited, they are located at: Level 7, 222 Exhibition St Melbourne VIC 3000, Australia. Their phone number is +61 3 8376 2706. Customer Support Email is help@fusionmarkets.com.

FusionMarkets.com is considered safe, as it is regulated by top-tier financial authorities, like the Australian Securities & Investment Commission (ASIC).

The community chatter revolving Fusion Markets is strongly encouraging which is a likely sign that this Forex broker will be around for a long time to come.

 

Gleneagle Asset Manangement Pty Limited Fusion Markets

Fusion Markets Review

Fusion Markets is claiming to lower the cost of online trading.  What they’ve done is purport to offer traders an everyday low-cost forex trading, no matter your account size. A punch line is added, ”True to our mission of lowering the cost of forex trading, our commissions (AUD $4.50) are the lowest of any advertised Australian Forex broker”. According to their about us page, the 3 principles in which this broker was founded are: Low-cost, world class technology and friendly support.

Some of the advantages they claim to have MT4 trading platform with Australia’s lowest advertised Forex commissions. Other advantages on the list include no minimum account size and flexible leverage.

Average Risk Firm

Forex Broker Expert reviews brokers for readers across the whole world to know whether they worth your time or not. We use a trust score algorithms to asses risk level. They major criteria we use in grouping a forex broker in to risk levels include total years in business, which regulatory licenses each firm holds, is the broker publicly traded in any stock exchange as well as our manual in house check.

Fusion Markets has a trust score of 72% which is average risk firm. This means you should check if this broker is licensed in your jurisdiction in case the broker becomes insolvent.

Fusion Markets Account

When we tested Fusion Markets on a demo account, we actually saw that they are offering one standard account for Forex and CFD trading.

The Standard ECN Account requires no minimum deposit and the account leverage is as high as 1:500 with a choice to trade Forex and CFDs. We came across 42 currency pairs, lots of which minor or exotic like USDZAR, USDTRY, USDSGD, USDSEK, USDNOK, USDMXN, USDHKD and USDCNH. Plenty of CFDs on precious metals like silver, gold, platinum and palladium, energies like West Texas Intermediate, 10 major indices and even crypto coins, including  Bitcoin, Bitcoin Cash, Ethereum, Litecoin and Ripple.

Leverage as high as 1:500, is currently available only with brokers regulated in Australia and some offshore companies, which however we can not recommend because of their shady regulatory status. So basically this is one of the strongest positive recommendation about Fusion Markets, a soundly regulated broker offering virtually unrestricted leverage.

Popular Trading Platforms

When it comes to their preferred platform, this broker offers Forex traders the MetaTrader 4 (MT4) trading platform. You will find the desktop, web-trader and mobile trading apps. They have many solutions for managed accounts, automated trading, and signals.

The MT4 hardly needs a presentation. This is the most popular trading software, highly praided by traders of all skill levels. The platform has great charting and is especially popular for its automated trading bots, called ExpertAdvisors.

Fusion Markets Broker Breakdown

Minimum deposit: No minimum deposit

Spread: Benchmark EURUSD spread floated between 0,1 pip and 0,3 pips

Leverage: As high as 1:500

Assets: Forex pairs, Exotic pairs, CFDs on Energy, Indices and Crypto currencies

Support MT4: Yes

License: ASIC Licensed

Fusion Markets Accounts Types

You can choose to trade with either ECN or Classic account depending on your needs, and the commissions and spreads adjust accordingly. Leverage offered goes as high as 500:1.

The spread on the classic account is 0.6 pips and comes with zero commission. ECN account types require a $4.5 as commission, and they have 0.0 spreads. Start trading with a Free Demo account. There are no fees on deposits, see more.

Raw Spreads on EURUSD

When you compare the popularity of EUR/USD with other popular forex pairs like EUR/GBP and JPY/USD, then EUR/USD pair has become the most widely-traded pair in the world. It represents a combination of two of the biggest economies in the world. It is affected by factors that influence the value of the euro and U.S. dollar in relation to each other and to other currencies.

In looking at the accounts of Fusion Markets very closely, it is our opinion that this broker is offering a very competitive spread – basically what we call raw spreads. As tested with a demo account the benchmark EURUSD spread floated between 0.1 pip and 0.3 pips.

Deposit and withdrawal

When you are choosing a Forex broker, you should bear in mind how your funds will move. Does the broker work with the available payment gateway you have or do you need to open a new online payment method.

Fusion Markets do accept major credit and debit cards like VISA and MasterCard, as well as bank wire transfers for deposit and withdrawal. For the time being however, the broker does not seem to accepts payments with popular e-wallets like Neteller, Skrill or PayPal, so this we should count as a disadvantage. Fusion Markets does not accept crypto payments as well.

Fusion Markets License

Fusion Markets is regulated by the Australian Securities and Investments Commission (ASIC) as a securities dealer. What this means is Fusiom Markets is rock solid in terms of safety and security which makes it trustworthy.

Honestly, getting such a license is not an easy task, as applicants must comply with a set of solid requirements, including a minimum capital requirement of at least 1,000,000 AUD. Moreover, Australian forex brokers are obliged to file regular reports, which allows for 3 party audit.

All of the best Forex brokers available have a much higher level of transparency, and we believe that this broker is following the trend.

Gleneagle Asset Manangement Pty Limited Fusion Markets License

Are funds safe with Fusion Markets?

Having a legit license is of utmost importance, because this is the only way traders might feel secure about their funds.

All ASIC regulated brokers are obliged to follow strict financial and ethical rules, among which to maintain an operational capital of at least 1 000 000 AUD, to grant their clients a negative balance protection, to keep their money in a segregated, protected form creditors account and of course to file regular reports and to allow external audits.

Our best advise for you

Fusion Markets is an Australian Forex broker offering a wide range of financial instruments for trade on it s MT4 platform. Holding an actual trading license, among others, it is secure and well-regulated, and offers excellent trading conditions: very competitive spreads and fast ECN execution.

Fusion Markets Review Conclusion

You can compare Fusion Markets with popular brokers here.

There are hundreds of online brokers all competing for your business. Depending on your style of trading, you may like the offering of these brokers.

BDSwiss is an European licensed broker with a good reputation. They have a nice trading platform in addition to the standard MT4.

A nice feature of this broker is their Telegram Channel, where analysts provide Real Time Trade Alerts, learn more.

If you are currently using this broker, please share your experience with other investors in the comment section below.

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