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Fusion Markets

Analyst Team trader
Updated 21 Sep 2022

OPEN DEMO TRADING ACCOUNT

As you review Fusion Markets’ history, you will find that this broker was founded by Australian veteran forex traders. The founders had 50 years of combined experience in the industry before founding the company and have increased that figure since then.

The goals of Forex Markets have always been to offer friendly support to traders of all experience levels, use the latest technology for seamless trading, and reducing the prices for trading. According to the broker’s website, it wants to make it easier to access markets, provide a low-cost option, and change the expectations traders have for their broker.

Broker Overview

Fusion Markets Lower trading fees

Trader Rating
Take a look
😁 We really liked…
  • Regulated
  • VPS available for a discount
  • Highly competitive commissions
😕 Could improve...
  • Limited educational materials
  • Limited trading tools

What can you trade?

Fusion Markets Forex Review

Trader Rating
Min Deposit App Support Max Leverage Trading Fees
$100 Mid 1:500 High

As you review Fusion Markets forex offerings and trading conditions, you are likely to be impressed. The broker offers tight spreads without dealing desk execution. There is also market access 24/5.

This forex review appreciates that the broker offers more than 90 currency pairs, which is several dozen more than many competitors. There is also leverage that can be up to 1:500. To provide an example of the trading conditions, EURUSD has an average spread of 0.12 with a minimum spread of 0.0. All forex pairs can have spreads of 0.0 when you choose the correct account type. You can review forex spreads on the trading conditions page of the broker’s website, which offers transparent pricing.

Fusion Markets CFD Review

Trader Rating
Min Deposit App Support Max Leverage Trading Fees
$100 Good 1:500 High

Reading a Fusion Markets CFD review will show you that most of the assets available for trading via the broker are CFDs. You can trade energy, equity indices, precious metals, and cryptocurrencies, with commodities coming soon.

Trading energy comes with competitive margins as well as the ability to short or long. Available energies include UK Oil (Brent), Natural Gas, and West Texas Intermediate/US OIL. All of these can have minimum spreads of 0.0 with average spreads that are still reasonable at 0.15, 0.40, and 3.10, respectively.

This CFD review also appreciates the metal offerings, which include 13 metals, all of which can have spreads as low as 0.0. Leverage on these assets can be up to 1:500.

Commodities will also be added to the CFD offerings soon, updating the assets you find when you review Fusion Markets UK instruments. Trading commodities will include the ability to short or long without commissions or exchange fees.

Fusion Markets Stocks Review

Trader Rating
Min Deposit App Support Max Leverage Trading Fees
$100 Good 1:5 Mid

As mentioned, stocks and indices form part of broker’s CFD review as that is the form in which these assets are offered.

This Fusion Markets UK review outlines that there are 10 indices to choose from. This is fewer than many brokers offer, but it is still more than any. Keep in mind that minimum spreads for indices are not 0 like they are for most other assets found in this CFD review. As an example, the UK100 has an average spread of 1.56 and a minimum spread of 1.10.

As with other assets from this brand, you can view the spreads on the trading conditions page for full transparency.

In addition, Fusion Markets now offers 50+ US Stocks that are zero commission.

Fusion Markets Crypto Review

Trader Rating
Min Deposit App Support Max Leverage Trading Fees
$100 Regular 1:2 Mid

A Fusion Markets cryptocurrency review will typically praise the broker for offering access to this asset class. As previously mentioned, the cryptocurrency review will always be part of a CFD review as the broker provides access to crypto CFDs instead of the assets directly.

At the time of writing, a cryptocurrency review of pairs shows five choices: BCHUSD, BTCUSD, ETHUSD, LTCUSD, and XRPUSD for access to Bitcoin Cash, Bitcoin, Ethereum, Litecoin, and Ripple, respectively.

The lowest spreads are found on Ethereum and you can review cryptocurrency spreads on the trading conditions page. Ethereum has a minimum spread of 0.0 and an average spread of 0.10. Bitcoin has much higher figures, with a minimum spread of 1,100 and an average of 1,400.

What did our traders think after reviewing the key criteria?

Fees

Trader Rating

This Fusion Markets UK review feels that the broker’s fees are highly competitive. The broker prides itself on offering the lowest advertised commissions on forex in Australia. This works out to $4.50 (USD) per standard lot or its equivalent. When trading in GBP, this results in a commission of just £3.55. If you are trading in EUR, this works out to €4.05.

Our review also appreciates that the broker transparently lists the trading conditions for all of its assets on its website, including minimum and average spreads. There are many minimum spreads of 0, which will likely appeal to many traders. Clients can choose from accounts that charge commissions and very low spreads or those with slightly higher spreads and no commissions based on their pricing preference.

The maximum leverage for metals and forex is 1:20 to 1:500, depending on the asset. The maximum for CFDs is 1:100 and for cryptocurrencies, it is 1:5.

Account Types

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As you review Fusion Markets account offerings, you will only find two types, but this should offer enough options for most people.

The ZERO Account is the most popular and features those industry-leading commissions mentioned above and spreads from 0 pips. This account should appeal to traders with at least some experience and higher levels of activity.

The Classic Account has zero commissions with spreads starting at 0.8 pips. It is ideal for beginners who want simple calculations that do not require factoring a commission into their profits.

Those who want to try out the broker before trading real funds can also sign up for a free demo account. This gives you a chance to get a feel for the platform uses and the trading conditions.

Platforms

Trader Rating

Most of the trading done on Fusion Markets is via MetaTrader 4. This review wishes there were more platforms to choose from but feels that if the broker is only going to offer one main type of platform, MT4 is the best. This is the industry standard for forex and CFD trading and it has support for nearly all devices. It is available as a download for Windows, Mac, iPhone/iPod, or Android. Or, you can trade using the WebTrader for MT4, which does not require any downloads. This combination of MT4 support allows you to trade while on the go or from any device with ease.

The use of MetaTrader 4 also means that traders of all skill levels will find tutorials and advice for using the platform online and from other traders.

Fusion Markets Platform

The MT4 platform features 0.02 ms execution on every trade and connections to the proprietary Fusion Hub for account management. It also includes all the features traders know and love from MetaTrader 4, including automated trading with Expert Advisors or the MetaQuotes language, one-click trading, various order types, full asset access, customisable charts, scripts, and more than 50 indicators.

Professionals who review this broker will also appreciate the Multi Account Manager (MAM/PAMM) platform. This comes in the form of a Fusion Markets MAM system designed for money managers to access solutions from the MetaFX platform. The broker prides itself on offering this platform with fast execution, stability, and flexibility. It allows for partial close orders, unlimited trading accounts, flexible order types, flexible trade sizes, expert advisors for clients, and support for all trading styles.

This review does caution traders who plan to use the MAM system that there is an extra cost of 0.1 pip for execution. This accounts for the extremely low trading costs and the cost of execution for the MetaFX platform.

Usability

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As you review broker’s website, you should be able to find all of the information you need in a readily available manner. The main navigation menu features drop-down menus and is organised intuitively. There is additional navigation via a bottom menu as well. The buttons for live chat and client login are right where you expect to find them, in the bottom right and top right corners, respectively.

The website also has a clean, professional design, with a mostly white background and splashes of blue. The fonts are easy to read and most feature the classic white background with black font for enhanced readability.

Customer Support

Trader Rating

Fusion Markets Review

Because Fusion Markets is based in Australia, that is where the main office is. As such, this Fusion Markets UK review cautions that clients in the United Kingdom will not have a convenient choice for face-to-face support. Most clients should not have a problem with this, however, as the broker offers support over the phone, via email, or via live chat. There is also the option to send the broker a message on the Contact Us page, with your email address and phone number.

To minimise the need to contact customer support, Fusion Markets also has a good FAQ section. This page is organised by category, which makes information easier to find. This review, however, wishes there was a search feature in the FAQ section.

Payment Methods

Trader Rating

To appeal to an international market, you will find several deposit options when you review Fusion Markets forex accounts.

Card Payments

The broker accepts deposits via debit or credit cars that are MasterCard or Visa. This type of deposit does not include a fee. These deposits are instant.

Bank Wire Transfer

Bank wire transfers are also available. Although this does not apply to UK clients, those in Thailand, Indonesia, Vietnam, and Malaysia also have the option of a local bank transfer. Bank wire transfers can take up to five working days.

Best Offers

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You will not find many educational materials from Fusion Markets, which is one area where the broker is lacking. It makes up for this somewhat via a range of trading tools. DupliTrade is a copy trading platform that is compatible with MT4 accounts. It allows for simple automation and a user-friendly interface. A similar program is Myfxbook Auto Trade which also allows for copy trading and following traders and is compatible with MT4.

This review suggests that advanced traders who want to use automated trading strategies such as EA take advantage of the discount on MT4 Forex VPS Hosting Service available to all clients. This is particularly appealing for high-volume traders as the broker reimburses the VPS fees for those who trade more than 20 forex lots within a month.

Broker also offers partnership, introducing brokers, and affiliate programs. There is also the ability to refer a friend, which results in you and your friend each receiving a free $150.

Regulation & Deposit Protection

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Fusion Markets is the trading name for Gleneagle Asset Management. That company is licensed and regulated by the Australian Securities and Investment Commission (ASIC). It also has an Australian Financial Services License (AFSL) with number 226199. Because Fusion Markets is based in Australia, it has not yet sought authorisation or regulation under the FCA in the UK. However, the ASIC regulation should provide peace of mind.

Client funds are held in segregated accounts with Westpac. Furthermore, brand complies with all of the ASIC regulations, including not using client money for hedging.

Awards

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Since 2019 Fusion Markets has had a ‘What Others Say About Fusion Markets’ page available, which highlights the numerous awards won for best low-cost and MT4 broker, among others. This page also includes reviews by hundreds of real traders from all around the world.

Fussion Markets Awards

Fusion Markets FAQs

Fusion Markets does not offer negative balance protection to its clients. However, one of the strategies that traders generally use to protect themselves against adverse price movements is to place stop losses on all open trades. This would ensure that the trading account never goes into negative balance.

The AskTraders Analyst Team features experts in technical and fundamental analysis, as well as traders specializing in stocks, forex, and cryptocurrency.