Overall, Fusion Markets is a reliable broker with competitive trading conditions and transparency. The broker supports NDD/STP execution model, where you can find low trading costs and spread starting from 0 pips. 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.
- FP Markets consistently offers lower spreads across all forex pairs compared to Fusion Markets.
- Once your documents have been verified by the accounts department, you will be able to fund your account using one of the deposit options and commence trading.
- The only exception may be if you are making an international wire transfer.
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Fast executions and tight spreads
It is a great way for me to test brokers and trading strategies around the clock. If you are looking to use trading robots, I think MT4 would be a great platform to go for. ASIC is an independent Australian government body which enforces and regulates company and financial services law in order to protect Australian consumers, investors and creditors. With Fusion Markets, there is no minimum deposit requirement for clients to open a trading account. According to the Australian brokerage, the average deposit made by most retail customers equals $1,500 or more. The broker has an inactivity fee of $10 per month after an account is not used for a year.
Trading Platforms
We appreciate you joining us, and we look forward to working with you for many years to come. It’s delightful to receive your message, and we are thrilled to know that you are satisfied with your experience so far. Here at Fusion Markets, we place great importance on providing exceptional customer service, and we are committed to maintaining this standard in the future. We are excited about the prospect of working with you for many years to come. When looking at the customer service department, user experience user reviews are generally positive. While we are independent, we may receive compensation from our partners for featured placement of their products or services.
However, it’s worth noting that FP Markets offers a commission-free account type (the Standard account), where costs are included in the spread. This might be a fusion markets review more suitable option for beginner traders or those who trade in smaller volumes. We’ve made it our mission to deliver excellent customer service to our clients.
Spreads And Broker Costs
Fusion Markets provides various flexible options for funding your account, with no fees or minimum amounts required. If you have not previously used MT4 or you want to trade shares, then you may prefer MT5. MT5 offers 21 timeframes and 6 pending order types, while MT4 only has 9 timeframes and 4 pending order types. A major perk of Fusion Markets is their remarkably low commission fees, priced at just $2.25 per lot, per 100k traded.
Fusion Markets Review 2023 – Pros & Cons Revealed
Traders may use them with MT4/MT5, but it creates a less efficient trading environment than having access directly from the trading platforms. You can sign up to a discounted MT4 VPS hosting service from recommended third party providers, including FXVM and NYC Servers. The broker will credit standard VPS fees at the end of the month for clients who trade more than 20 lots in that month. I actually use a third-party provider for my VPS but find it to be an invaluable tool. I like to run automated systems around the clock, and therefore need platforms up and running all the time. There are other brokers who provide a free VPS such as Blueberry Markets.
Our vision is to provide access to the world’s markets easier, faster and at a lower cost than what exists in the market today. 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. We may receive compensation when you click on links to products we review. There is no requirement for a minimum deposit with Fusion Markets.
Best customer service
Overnight fees are applied according to the rates at that time when traders hold CFD positions open after the close of the market. This fee is not charged on the swap-free account, though there may be other fees in its place. Fusion Markets is a well-established Australian forex broker. Founded in 2017, the broker has strong regulatory oversight in place from the ASIC in Australia as well as the VFSC in Vanuatu. Founded in 2010, the company has grown to become a global presence that also accepts Canadian clients.
Fusion Markets offer a simple and easy-to-use and navigate trading platform that you can use to start trading. It advertises some of the lowest fees of any trading platform with high leveraging options. However, Fusion Markets is still worth considering for investors looking for a new easy-to-use platform. Rates, terms, products and services on third-party websites are subject to change without notice. We may be compensated but this should not be seen as an endorsement or recommendation by TradingBrokers.com, nor shall it bias our broker reviews. Fusion Markets are committed to providing clients with the best tools to help give you the greatest possible edge in the markets.
Is Fusion Markets Safe or Scam?
For proof of identity, you can upload a copy of your ID card, passport, or driving license. When picking your broker the most important aspect to look for is safety and security of your funds. You need to be able to fully entrust your hard-earned money to the company before making a deposit. The best way to know whether your broker is trustworthy or not is how well-regulated it is.
I really like how the broker offers exceptional conditions including low cost trading from just $2.25 commission per standard lot ($4.5 round turn). You can trade forex, stocks and cryptos with tight spreads from just 0.0 pips and rapid trade execution speeds. https://broker-review.org/ They also have a great range of trading tools to assist you with your daily trading activity. There are no deposit fees and no minimum account size required to get started. You can even begin with a demo account and practice trading risk free if you wish.
This can be a scan of a valid passport or driver’s license along with a utility bill (Phone, Electricity, Gas) no more than 3 months old. Once your documents have been verified by the accounts department, you will be able to fund your account using one of the deposit options and commence trading. I don’t think you will have any problems during the process but support are on hand to assist if need be.
Excellent broker, satisfied with their commissions fees as well. CTrader is a popular Forex and CFD platform that offers advanced trading features, an intuitive interface, and coded customisation. Available on Windows, IOS, Android, or any browser, cTrader offers traders a range of capabilities unavailable on other platforms. While many brokers offer this platform to clients, it is important to note that it initially comes as an empty shell. It is what the broker puts into it that makes it so compelling. Fusion Markets is committed to offering flexibility for all of our clients.
