Fusion Markets Review 2022

4.5
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Fusion Markets offers low-cost forex and CFD trading via tight spreads. Copy trading, 1:500 leverage plus multiple account types are also available.

InstrumentsForex, CFDs, indices, shares, commodities, cryptocurrencies, metals, energies
Demo AccountYes
Min. Deposit$0
Payment Methods
Min. Trade0.01 lots
Regulated ByASIC, VFSC
MetaTrader 4Yes
MetaTrader 5Yes
cTraderNo
OmniTraderNo
AlgoTraderNo
TradingViewNo
Trading CentralNo
AutochartistNo
eSignalNo
STP AccountNo
ECN AccountNo
DMA AccountNo
MAM AccountYes
PAMM AccountYes
LAMM AccountNo
Demat AccountNo
Mobile AppsiOS & Android
Margin TradingYes
Volatility IndexNo
Spot TradingYes
Perpetual SwapsNo
ELWsNo
REITsNo
AI / Machine LearningNo
Robo AdvisorNo
P2P TradingNo
Negative Balance ProtectionYes
VPS HostingYes
TournamentsNo
Demo CompetitionsNo
Managed AccountsNo
Market MakerNo
Auto TradingMyfxbook AutoTrade & MT4/MT5 through EAs
Social TradingYes
Copy TradingYes
Trade SignalsMyfxbook AutoTrade
Islamic AccountYes
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • NZD
  • JPY
  • CHF
  • HKD
  • SGD
Inactivity Fee0
Guaranteed Stop LossNo
Stock Exchanges
  • Australian Securities Exchange
  • CAC 40 Index France
  • DAX GER 40 Index
  • Dow Jones
  • Euronext
  • FTSE UK Index
  • Hang Seng
  • Japan Exchange Group
  • London Metal Exchange
  • Nasdaq
  • New York Stock Exchange
  • Toronto Stock Exchange
Commodities
  • Aluminium
  • Cocoa
  • Coffee
  • Copper
  • Corn
  • Cotton
  • Gold
  • Natural Gas
  • Oil
  • Palladium
  • Platinum
  • Silver
  • Sugar
  • Wheat
  • Zinc
CFD TradingTrade CFDs with low spreads and high leverage
CFD FTSE SpreadFrom 0.7
CFD GBPUSD SpreadFrom 0.0
CFD Oil SpreadFrom 0.0
CFD Stocks SpreadFrom 0.01
CFD Leverage1:500
Forex TradingTrade over 90 pairs and keep costs to a minimum, with tight spreads or the lowest commissions with Fusion
Forex GBPUSD SpreadFrom 0.0
Forex EURUSD SpreadFrom 0.0
Forex EURGBP SpreadFrom 0.0
Forex Assets90+
Crypto TradingTrade the best known cryptos paired with USD
Crypto SpreadFrom 0.001
Crypto LendingNo
Crypto StakingNo
Crypto MiningNo
Crypto Auto Market MakerNo
Crypto Coins
  • ADA
  • AVAX
  • BCH
  • BNB
  • BTC
  • DOGE
  • DOT
  • EOS
  • ETH
  • LNK
  • LTC
  • MATIC
  • SOL
  • XLM
Risk Warning – Your capital is at risk

Fusion Markets offers “everyday low-cost trading” across its two live accounts. Our 2022 review looks into that promise and also details the trading platforms, deposit and withdrawal options, demo account rules, plus spread and investing costs. Find out whether our expert traders would recommend trading forex and CFDs with Fusion Markets.

About Fusion Markets

Located in Melbourne, Australia, Fusion Markets Pty Ltd is the brainchild of a collection of experienced forex investors. Its founders offer a combined experience of over 50 years, with their stated mission to make trading the financial markets simpler and more economical.

The company’s ethos is three-pronged:

  1. To lower the cost of trading forex, CFDs, and other financial products
  2. To offer friendly support to all investors, irrespective of experience
  3. To provide cutting-edge technology that delivers a seamless trading experience

Licensed and regulated by the Australian Securities and Investments Commission (ASIC) as a securities dealer, Fusion Markets is reliable in terms of safety and security. Applicants for these licenses must comply with a strict set of criteria to qualify, including a minimum capital requirement of one million AUD and an agreement to file regular reports allowing for third-party audits.

Offering a wide range of financial instruments, as well as ongoing support and a top-notch platform, the online brokerage caters to traders of all experience levels and budgets.

Trading Platforms

MetaTrader 4 (MT4)

MT4 requires little introduction, given its status as the most popular trading software on the market. Highly praised by users of all levels, it offers strong charting, efficient tools, multiple timeframes, and full customizability.

Its automated trading bots – or Expert Advisors – are particularly lauded, and are just one of the reasons that many would cite MT4 in online reviews as their first choice of platform.

Fusion Markets broker review
MetaTrader 4

The MT4 WebTrader version is also available for clients who prefer to invest from their browsers rather than download software.

MetaTrader 5 (MT5)

The MT5 platform is an upgraded version of MT4 and it provides access to a multitude of assets besides forex.

Other benefits include faster processing speeds, 21 timeframes, advanced pending orders, 80+ technical analysis objects, market depth, full EA (Expert Advisors) functionality with the programming language MQL5 and built-in VPS (Virtual Private Servers).

Fusion Markets reviews
MetaTrader 5

Myfxbook AutoTrade

This is a social trading platform. Here you can receive forex signals from experienced investors and set up automated trading. The service provides hand-picked systems, no hidden fees and the trader controls when they add or remove a strategy from their account.

Fusion markets platform reviews
Myfxbook AutoTrade

Note, Myfxbook AutoTrade only allows for the creation of live accounts, no demos are permitted. Volume-based rebates are not available either.

Fusion+ Copy Trading

This is a native platform created for clients who wish to manage the funds of others. Users can become Fusion+ Money Managers. It’s also a good option for beginners or those with limited time to speculate on the markets.

Importantly, the positions opened and closed by the investor will be automatically mirrored on the copy accounts. And the service is free as long as the trader and the copy accounts invest at least 2.5 lots of forex or metals per month. When this condition is not met, a $10 per month fee to cover Fusion’s hosting costs is charged to the trader’s account.

If you are an approved Fusion+ Master, then you can also take a performance fee from your client’s profits. This can climb as high as 30%.

Fusion Markets broker ratings
Fusion+ copy trading

New copy accounts will need to sign up with an invite link provided by the master investor.

DupliTrade

This is a user-friendly copy-trading platform that allows users to duplicate the positions of more experienced investors.

DupliTrade works by connecting to an MT4 account. Advantages include automated trading based on signals provided by experts, only successful investors with proven track records are displayed, strict selection criteria for chosen strategies and 24/5 support.

Fusion Markets trading review
DupliTrade

In addition to these platforms, Fusion Markets offers a Multi Account Manager (MAM/PAMM) solution for professional investors. This allows users to open positions across an unlimited number of accounts.

Assets & Markets

Clients can speculate on 250+ markets with Fusion Markets:

This long list ensures that traders are able to adequately diversify their portfolio, and gives them an ample selection of assets to choose between on the basis of both preference and strategy.

Spreads & Commission

The broker offers minimum spreads of 0.00 on a number of popular currency pairs, including AUD/CAD, AUD/CHF, AUD/JPY, AUD/NZD, and AUD/USD. Even when we look at their average spreads, we see figures of just 0.55, 0.31, 0.36, 0.69, and 0.05 respectively.

Our experts also found that their commission rates for the Zero account are notably low. For example, were you to trade one standard lot of forex and precious metals, you would pay only $4.50 AUD to do so.

This means that, if you are looking for a cut-price alternative to most other brokers on the market, Fusion Markets may well be the company you have been searching for.

Leverage Review

As part of their commitment to providing a flexible service, Fusion Markets gives the trader the chance to choose their own leverage, up to a maximum of 1:500.

Retail clients under ASIC regulation, however, have their leverage capped at 1:30 for major forex pairs, 1:20 for minor forex pairs, 1:20 for indices, 1:20 for commodities and metals, 1:10 for shares, 1:5 for CFDs, and 1:2 for cryptocurrencies.

Head to the official website for terms and conditions on margin calls and stop outs.

Mobile Apps

Our experts found MT4 apps are available to download from the Apple Store or the Google Play Store. These allow individuals to trade through their smartphone, with iPhone, Android, and tablet versions available.

Free to download, the applications provide traders with the ability to manage their accounts, open and close positions, check live pricing, and use a host of analytical tools that are available when trading from a desktop.

Deposits & Withdrawals

Fusion Markets offers a range of payment methods – some are country specific, particularly in the Asia Pacific region such as Thailand and Malaysia where tailored payment options are available.

The popular methods of Visa, Mastercard and bank transfer are available across the board. Fusion Markets has also continued to expand the choice of payment methods available, including PayPal, Skrill, Neteller, FasaPay, Jeton Wallet, Perfect Money, Online Naira, Doku, and cryptos. Withdrawal methods are the same as deposits.

There are no fees on deposits. These have been waived for both credit and debit cards as part of the company’s commitment to keeping costs to a minimum. However, traders should be aware of extra fees their bank may decide to charge.

Fusion Markets Demo Account

As with most reputable brokers, Fusion Markets offers a free demo account to allow potential clients to trial their products. This provides individuals with a great opportunity to gain a feel for what the company has to offer, from their their low-cost spreads and commissions to their powerful market analysis tools.

Fusion Markets demo account review
MT4 Demo Account

Bonus Deals & Promotions

Fusion Markets is dedicated to delivering a great overall package. However, it does tend to rely on the quality of its overall service to sell itself and has little in the way of deals or promotions to offer traders.

Fortunately, given the combination of low forex commissions, the lack of fees on deposits, and that there is no minimum account size, clients are already saving a significant sum without the need for enticing no deposit bonuses or welcome offers.

Regulation & Licensing

One area where Fusion Markets excels is in its strict regulation. Licensed as a securities dealer with the Australian Securities and Investments Commission (ASIC), the company is as safe as they come. Traders can have full faith that the broker is legitimate and not a scam.

This is because the Australian Securities and Investments Commission set strict criteria. These include a minimum capital requirement of one million AUD. In addition, brokers regulated by the financial body must file regular reports, which undergo third-party audits.

The company is also regulated by the Vanuatu Financial Services Commission (VFSC) and client money is kept in segregated bank accounts.

Like many other top-tier forex brokers, Fusion Markets also offers a high degree of transparency, with everything from their ACN and ABN numbers through to their license documentation, registered address, and regulator listed online.

Additional Features

Several educational resources are provided: an economic events calendar, a trading calculator, Analyst Views – a quick view on the markets, Technical Insight – a service that helps investors learn more about technical analysis, and Market Buzz – an AI-powered news selection system.

However, while using Fusion Markets, we found no webinars and limited training materials. This is a drawback versus competitors that offer beginner-friendly forex academies for newbies.

How To Trade With DupliTrade

Our experts were particularly pleased with the DupliTrade tool. The copy trading solution only showcases relatively successful strategies. Clients of Fusion Markets can also get started in a few simple steps:

  1. Register for an account on the DupliTrade website (you will need to accept the T&Cs)
  2. Connect your DupliTrade account with your Fusion Markets profile (via the Fusion site)
  3. Choose a strategy (you can select trading systems based on your risk appetite)
  4. Monitor your progress (view your positions plus profit and loss in real-time)
Copy trading on Fusion Markets
How DupliTrade Works

Fusion Markets Accounts

Two account types are available at Fusion Markets: Zero and Classic.

The Zero account is the most popular because it has spreads starting from 0.0 pips and low commissions of AUD $4.50. The Classic account is suitable for investors who are starting out; spreads start from 0.8 pips and commissions are set at zero. There is no minimum account size with either live account.

Fusion Markets also offer a swap-free account option for Muslim traders.

Benefits

When comparing Fusion Markets vs alternatives like Pepperstone, the broker stands out in several areas:

Drawbacks

When using Fusion Markets, our experts also found some downsides:

Trading Hours

The Fusion Markets platform is open 24/7. However, session times vary based on the market hours of their products, but these are all clearly listed on the company’s website under their ‘Trading Conditions’ section.

Contact Details & Customer Support

Should you wish to contact Fusion Markets, they can be reached via various channels:

The company can also be contacted via a live chat feature installed on its website.

Safety & Security

As a fully licensed and regulated securities broker, Fusion Markets takes its clients’ safety and security seriously. Their website has a collection of essential legal documents present, including a Privacy Policy which states that it has been amended not only in accordance with the Australian Privacy Principles, but in line with European and UK legislation too. This means that your personal data is fully protected.

The broker also keeps client funds in segregated bank accounts and the login to platforms is password protected.

Fusion Markets Verdict

Fusion Markets is a broker with many pros. Offering spreads starting from 0.0 pips (Zero account) and zero commissions (Classic account), their commitment to cutting costs is evident. The brokerage is also a properly regulated outfit by the ASIC and VFSC, offering a variety of trading platforms, no fees on deposits, and multiple asset classes.

For investors in search of a broker that covers all of the basics on a budget, this is one of the best companies out there.

Accepted Countries

Fusion Markets accepts traders from Australia, Thailand, Canada, United Kingdom, South Africa, Singapore, Hong Kong, India, France, Germany, Norway, Sweden, Italy, Denmark, United Arab Emirates, Saudi Arabia, Kuwait, Luxembourg, Qatar and most other countries.

Traders can not use Fusion Markets from Ghana, Iran, Iraq, Pakistan, United States, Japan, China, Belgium, New Zealand.

Compare Fusion Markets

Compare Fusion Markets with similar brokers that accept traders from your location. Among available brokers these are the most similar to Fusion Markets:

  1. InstaForex – InstaForex is a CFD broker providing access to forex, stocks, cryptocurrencies, commodities, energies, indices, and more. With competitive fees and a huge range of available assets, the brand offers safe and reliable trading.
  2. eToro – eToro is a multi-asset platform which offers both investing in stocks and cryptoassets. Crypto Trading is offered via eToro USA LLC; Investments are subject to market risk, including the possible loss of principal. Cryptoasset investing is highly volatile and unregulated in the UK and some EU countries. No consumer protection. Tax on profits may apply.79% of retail CFD accounts lose money.
  3. World Forex – World Forex offers commission-free trading with a $1 minimum deposit and 1:1000 leverage. Digital contracts are also available, offering beginners a straightforward way to speculate on popular financial markets.
  4. AAAFx – AAAFx offers CFD trading in forex, commodities, indices and cryptocurrencies.

Fusion Markets Comparison Table

Compare Fusion Markets With Similar Brokers
Fusion Markets InstaForex eToro World Forex AAAFx
Rating 4.5 4.1 4.1 3.9
Markets Forex, Stocks, Commodities, Crypto Forex, Stocks, Commodities, Crypto Forex, Stocks, Commodities, Crypto Forex, Stocks, Commodities, Crypto Forex, Stocks, Commodities, Crypto
Demo Account Yes Yes Yes Yes Yes
Minimum Deposit $0 $/€1 $10 $1 $10
Minimum Trade 0.01 lots 0.01 Lots $10 0.01 Lots 0.01 lots
Regulators ASIC, VFSC BVI FSC FCA, CySEC, ASIC, FSA SVGFSA HCMC (Greece), FSCA (South Africa)
Bonus 30% – 100% Welcome Bonus 100% Deposit Bonus 100% Deposit Bonus available for Global clients
Education No No Yes No No
Platforms MT4, MT5 MT4, MT5 MT4, MT5 MT4, MT5
Leverage 1:500 1:1000 1:1000 1:30 EU, 1:500 Global
Payment Methods 15 11 14 10 9
Detailed Comparison Fusion Markets vs InstaForex Fusion Markets vs eToro Fusion Markets vs World Forex Fusion Markets vs AAAFx
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Compare Trading Instruments

Compare Fusion Markets Trading Instruments
Fusion Markets InstaForex eToro World Forex AAAFx
CFD Yes Yes Yes Yes Yes
Forex Yes Yes Yes Yes Yes
Stocks Yes Yes Yes Yes Yes
Commodities Yes Yes Yes Yes Yes
Oil Yes Yes Yes Yes No
Gold Yes Yes Yes Yes Yes
Copper Yes No Yes No No
Silver Yes Yes Yes Yes No
Corn Yes No Yes No No
Crypto Yes Yes Yes Yes Yes
Futures No Yes No No No
Options No No No No No
ETFs No Yes Yes No No
Bonds No No No No No
Warrants No No No No No
Spreadbetting No No No No No
Volatility Index No No Yes No No

Fusion Markets vs Other Brokers

Compare Fusion Markets with any other broker by selecting the other broker below.

Fusion Markets vs

The most popular Fusion Markets comparisons:

  1. Fusion Markets vs Pepperstone
  2. IC Markets vs Fusion Markets
  3. Fusion Markets vs Eightcap

FAQ

Does Fusion Markets Offer Negative Balance Protection?

Yes, but only for ASIC-regulated regions. This means traders outside of Australia may lose more than their balance if the market moves against them.

Is Fusion Markets An ECN Broker?

No, Fusion Markets does not use an ECN (electronic communication network) model.

What Is The Margin Call Limit For Fusion Markets?

Fusion Markets will automatically close your positions at 20% for VFSC clients. The margin stop-out limit for retail accounts under ASIC regulation is 50%.

Does Fusion Markets Have A Forum?

No, but you are able to reach out to the support team on the official website or on their socials: Facebook, Instagram, YouTube, Telegram and Twitter.

How Many Accounts Does Fusion Markets Offer?

There are only two live accounts: Zero and Classic. The Classic account has no commissions and Zero has spreads from 0.0 pips. There is no minimum account size with either option.

Fusion Markets offers low-cost forex and CFD trading via tight spreads. Copy trading, 1:500 leverage plus multiple account types are also available.

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