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 email@example.com.
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.
- 1 Fusion Markets Review
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.
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.
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.
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
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.
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.
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.
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.
Compare Fusion Markets
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.