- Jump to:
- Regulations
- Trading Instruments
- Trading Platforms
- Mobile Trading Apps
- Payment Methods
- Account Types
- Support
- Conclusion
Fusion Markets is a top-tier trading site, founded in November 2017, that is geared mostly towards the Australian market. It relies on the popular MetaTrader 4 platform and offers traders a great choice of more than 120 financial products.
The website was launched by industry veterans with a combined experience of over fifty years in forex trading. Their mission was to create a trading service that adheres to several simple principles – low pricing, support for different experience levels and a seamless trading experience via high-end software.
This is Fusion Markets’ formula for success, and it appears to work. Australian traders prefer this platform because here they can benefit from commission rates that are around 36% cheaper than those of the competition. This cost-effectiveness is further enhanced by the absence of fees for credit/debit card deposits.
Fusion Markets is a great platform for forex and commodities trading. There are no restrictions on the minimum account size, while leverage is flexible, with a maximum of 1:500. The platform is available in English and Thai. Its business practices are fully aligned with the requirements of the local financial regulator, ASIC.
| General Information about Fusion Markets | |
|---|---|
| Min. Deposit | $0 |
| Supported Languages | English, Thai |
| Supported Currencies | AUD, CAD, EUR, GBP, JPY, SGD, THB, USD |
| Website | https://fusionmarkets.com/ |
| Phone Number | +61 3 8376 2706 |
| Support Email | help@fusionmarkets.com |
| Headquarters Address | Govant Building, BP 1276 Port Vila Vanuatu |
Regulations
Fusion Markets is a highly secure platform for Australian traders, which makes sense considering it falls under the oversight of the Australian Securities and Investments Commission (ASIC).
The role of ASIC is to protect local consumers and investors by enforcing adequate financial services laws. Its scope and authority derive from the Securities and Investments Commission Act of 2001.
The money of Fusion Markets’ customers is stored in segregated Westpac accounts to protect them in case of insolvency. For clarification, Westpac is the oldest bank on Australian soil and one of the country’s four major banking organisations.
The site is owned and operated by the Melbourne-based company Gleneagle Asset Management Pty Limited. Fusion Markets’ founder and chief executive is Phil Horner, an expert with many years of experience in brokerage and trading.
Fusion Markets does not offer its trading services in some countries because of local restrictions. You will be unable to use the platform if you are based in any of the following jurisdictions – Burma, North Korea, Congo, Japan, Lebanon, the USA, Sudan, Syria, New Zealand, Zimbabwe and Liberia.
Trading Instruments
Fusion Markets offers a variety of financial instruments you can trade with, including Forex trading, cryptocurrencies, equity indices, futures, and hard commodities like precious metals and crude oil. The website is also about to soon add the option to trade soft commodities like cocoa, wheat, sugar, and coffee.The trading terminal implements the third-party MetaTrader 4 software platform, which you can download for desktop or mobile. You have a choice from the English and Thai languages. Let’s take a closer look at the trading instruments on offer.Forex Trading
Traders who register with the Fusion Markets network enjoy a significant advantage thanks to the lower costs associated with this instrument. They can choose from more than 90 currency pairs. The spreads are tight, which is yet another benefit of trading here.
As for leverage, it reaches up to 1:500. Forex trading is available around the clock on business days. The average spreads for currency trading range from 0.12 to 182.01, depending on the pairs you trade.
The platform supports major currency pairs such as AUD/USD, EUR/USD, USD/CAD, GBP/USD, and USD/JPY. However, exotic pairs are also readily available for trade, including NZD/SGD, NOK/SEK, and CHF/PLN. The minimum spread starts at zero. The minimum leverage is set at 1:20. As for the minimum trade size, it stands at $0.10 per pip.
Forex traders are allowed to have up to 200 open positions at any given time. The reason for this restriction is to ensure that the Fusion Markets platform performs at optimal levels at all times. The platform also supports hedging, which enables you to buy and sell a given currency pair at the same time – for example, holding both short and long positions in the USD/CAD pair.
Energy CFDs Trading
Energy trading at Fusion Markets is a great alternative for those looking for thin and competitive margins without trading commissions. You can take both long and short positions in these financial instruments, but bear in mind that these markets are quite volatile.
Some of the options for energy trading include crude oil and natural gas. The average spread* for such hard commodities ranges from 0.15 for Brent oil to 3.10 for West Texas Intermediate (WTI) oil. The maximum leverage for CFD trading with these commodities is 1:100 at Fusion Markets.
The maximum lot size is generally 100 lots, but the brokerage company recommends traders not exceed 50 lots to avoid unnecessary slippage. For the uninitiated, CFDs (Contracts for Difference) are a common form of derivative trading. This allows traders to speculate on the rise and fall of the prices of various financial instruments, including hard commodities like oil and natural gas.
*The listed average spreads are valid for Zero accounts.
Equity Indices CFDs
Experienced traders can further diversify their portfolios by adding CFDs on equity indices. Fusion Markets offers a broad range of CFDs on all major indices. This asset class provides the usual advantages, such as tight spreads, flexible leverage, and the ability to take long or short positions.
Options for index traders include the Euro Stoxx 50, Hang Seng, Nasdaq, Dow Jones, S&P 500, the Footsie, the Nikkei Stock Average, and the DAX, among others. Average spreads on equity index trading start at 0.41 and can widen to 12.77.
Leverage for these instruments is capped at 1:100 at Fusion Markets, with a minimum trade size of 1.0.
Precious Metals Trading
Those who register for a Fusion Markets account are also granted the option to trade a wide variety of precious metals, including silver, gold, palladium, and platinum. Trading in base metals such as zinc, aluminum, nickel, lead, and copper is also possible on this platform.
There are several asset classes to choose from. For example, you can trade silver against the EUR, gold against the USD, and palladium against the USD. Minimum spreads start at zero, with averages for the various precious and base metals ranging from 0.10 to 42.38.
Metals permit a minimum trade size of 0.01. Additionally, leverage ranges from 1:20 to 1:500 for this type of trading instrument.
Hard commodities are a great way to protect yourself against inflation because of their intrinsic value. However, certain risks are also associated with these instruments because their prices are not fixed. They can drop at any time, even more so during periods of economic uncertainty.
Cryptocurrencies Trading
At Fusion Markets, you can diversify your portfolio by trading five cryptocurrency pairs. Quotes are available for BCH/USD, BTC/USD, ETH/USD, LTC/USD, and XRP/USD. Another advantage of trading these instruments is that there are no commissions or re-quotes.
The maximum leverage for cryptocurrencies at Fusion Markets is 1:5. Spreads vary depending on the asset, with average values ranging from 0.10 to 1,400.00. Please note that trading cryptocurrencies is not suitable for every trader, especially those with limited experience.
Cryptocurrency trading carries a substantial risk of loss because of significant fluctuations in value. Inexperienced traders may end up losing more than their initial investment.
| Instrument | Spread |
|---|---|
| AUDUSD | AVG 0.91 pips |
| EURGBP | AVG 1.09 pips |
| EURUSD | AVG 0.93 pips |
| GBPUSD | AVG 1 pips |
| NZDUSD | AVG 1.1 pips |
| USDCAD | AVG 0.99 pips |
| USDCHF | AVG 1.7 pips |
| USDCNY | AVG 6.04 pips |
| USDJPY | AVG 1.7 pips |
Trading platforms
The trading terminal implements the third-party MetaTrader 4 software platform, which you can download for desktop or mobile. You can choose between English and Thai. Let’s take a closer look at the trading instruments on offer.
Platforms |
PC / MAC |
Smartphones |
Tablets |
|---|---|---|---|
| MetaTrader 4 | |||
| MetaTrader 5 | |||
| cTrader |
| Trading Information | |
|---|---|
| Trading Platforms | cTrader, DupliTrade, Fusion+ Copy Trading, MetaFX, MetaTrader 4, MetaTrader 5, TradingView |
| Demo Account | |
| Hedging | |
| Scalping | |
| US Traders | |
| Arabic Traders | |
MetaQuotes WebTrader
If you are reluctant to install the MT4 software on your desktop computer or laptop, you can easily skip this step thanks to the availability of the WebTrader cloud-based version. This allows you to access the platform directly in the browser of your desktop device. You can connect to either a demo or a live account.
The in-browser version is available in more than forty languages. The interface is just as user-friendly as that of the downloadable version. Users can create different types of trading charts, including line charts, candlesticks and pie charts.
The various analytical objects allow you to review trends and strategies. You can choose from regression channels, Andrews Pitchfork, equidistant channels and standard deviation channels. These are especially useful when you are on the lookout for sharp trading opportunities.
MetaTrader 4 for iOS and Android
Fusion Markets caters to on-the-go traders with the availability of two native MT4 applications, one for Android and one for iPhones/iPads (iOS 9.0 or later). Both apps can be downloaded for free from the Google Play Store or the App Store, depending on your operating system.
The apps give you greater flexibility and freedom, allowing you to trade on the fly, wherever you are. Mobile users can conveniently control their accounts, trade and explore different markets with the help of the apps’ indicators and graphical objects.
Rookie traders will benefit from different execution types, detailed history and real-time quotes for forex trading. The apps are suitable for advanced traders as well, offering them customisable charts and free trading news.
You can choose from three types of charts: Japanese candlesticks, bars and lines. The charts are highly interactive, offering zoom and scroll options. There are nine different time frames to pick from, M1, M5, M15, M30, H1, H4, D1, W1 and MN.
Payment methods
Fusion Markets strives to provide its traders with the best service possible by offering a choice of several trusted funding methods. You can fund your live account with Visa and Mastercard debit or credit cards.
This is a great option if you are looking to avoid unnecessary extra charges. However, there is yet another benefit of using cards – the deposits you make will be instantly posted to your Fusion Markets account.
The company plans to add more deposit options in the near future but, for the time being, e-wallets remain unavailable. You can, however, resort to bank transfers if cards are not an option for you.
Keep in mind that this is the less time-efficient alternative, as you might have to wait up to five business days for the deposit to go through. The exact time frames depend on the country you are based in. You can see the bank wire details in the FAQ section of Fusion Markets.
The company likes to give its customers flexibility by lifting the restrictions on minimum deposits. You can fund your account with whatever sum you like, although Fusion Markets’ customers generally deposit around $1,500 on average. The same goes for maximum deposits, although an amount of $25,000 is recommended for cards to prevent transactions from being rejected.
Withdrawals are possible with cards and bank wire transfers. No restrictions apply to them either. The payments are processed on the same day of the request but take one to five business days for cards and two to five business days for bank wire transfers.
One thing to beware of is the margin call. When you request a withdrawal, make sure you have sufficient remaining balance for your open positions. If you are left with no usable margin, your open positions will be stopped out to prevent a negative balance.
| Brand | Minimum | Fees | Processing Time |
| No minimum | No Fees | Instantly | |
| No minimum | No Fees | Instantly | |
| No minimum | No Fees | Instantly | |
| No minimum | No Fees | Instantly | |
| No minimum | No Fees | Instantly | |
| No minimum | No Fees | Instantly |
| Brand | Minimum | Fees | Processing Time |
| $0 | No fees | 1-5 business days | |
| $0 | No fees | 1-5 business days | |
| $0 | No fees | 1-5 business days | |
| $0 | No fees | 1-5 business days | |
| $0 | No Fees | 1-5 business days |
Account types
At Fusion Markets, clients can set up two different types of accounts. A free demo version is available to trading novices, while those with previous experience can create live Classic or Zero accounts.
In terms of currencies, accounts can be registered not only in the commonly used USD, GBP and EUR but also in SGD, JPY and AUD. At the time of writing, Fusion Markets does not support the registration of swap-free (Islamic) accounts, but we are confident this will be added in the future.
| Market | Leverage |
|---|---|
| Metals CFDs | 1:20 (ASIC | Retail Account) |
| Metals CFDs | 1:500 (VFSC | Retail Account) |
| Commodities CFDs | 1:10 (ASIC | Retail Account) |
| Crypto CFDs | 1:2 (ASIC | Retail Account) |
| Crypto CFDs | 1:10 (VFSC | Retail Account) |
| Forex CFDs | 1:500 (ASIC | Pro Account) |
| Forex CFDs | 1:30 (ASIC | Retail Account) |
| Forex CFDs | 1:500 (VFSC | Retail Account) |
| Indices CFDs | 1:20 (ASIC | Retail Account) |
| Indices CFDs | 1:100 (VFSC | Retail Account) |
| Stock CFDs | 1:5 (ASIC | Retail Account) |
| Stock CFDs | 1:100 (VFSC | Retail Account) |
The demo account
Creating a demo account at Fusion Markets is the perfect way to hone your trading skills without risking any of your capital. Setting up a demo account is free and incredibly easy, as all you have to do is follow the prompts.
You simply need to click on “Create new trading account” and enter your email and password. Then you must mark the demo option and choose your account type (either Zero or Classic).
You should also pick your preferred currency and leverage, choosing from 1:100, 1:200, 1:300, 1:400 and 1:500. Some personal information will be needed as well, including your date of birth, address and telephone number.
There is also the option to create several demo accounts – for example, one Classic and one Zero. You can add virtual funds to your demo balance to trade with.
Keep in mind that you need to verify your identity and address before you can start trading with your temporary demo account. For this purpose, you must upload colour copies of a government-issued document of identification, such as your ID, driving licence or passport.
Proof of residence is also needed. You can send a utility or phone bill, a birth certificate or a bank statement. Everything should be clear and visible.
The classic account
You can start trading with Fusion Markets with real money right away by creating a live Classic account. The procedure is the same as that for the demo version. Classic accounts are more suitable for those who are just starting out.
Simplicity is a major benefit here, as there is no need to calculate any commissions before you open a trading position. In fact, there are no commissions with Classic accounts at all, as they are built into the spreads.
Basically, what you see is what you get. Speaking of spreads, these start at as little as 0.8 pips. You can easily calculate the average spread by adding 0.8 to the spread listed for a given trade – for example, 0.14 + 0.8 = 0.94.
The zero account
The second option for those looking to trade live is setting up a Zero account. Another advantage here is that you can change the status of your account from Classic to Zero whenever you like. As becomes apparent from the name, the spreads for these accounts have no mark-ups. They start at zero pips, but you will have to pay a commission of $4.50 on your trades.
Since this is the premium account version, there are no requirements for minimum deposits or trading volume. Zero accounts are considered more suitable for customers who have previous trading experience, as well as a proper understanding of commission sizing. We would recommend this option to more active traders.
Support
Fusion Markets users can get in touch with the support agents via live chat. This is the quickest and easiest way to receive assistance. You need to enter your name, email address and the number of your live account, provided that you have one.
The service is very expedient and competent. The agents on standby can handle all sorts of issues and enquiries, so do not hesitate to ask. The chat button is pinned to the lower right-hand corner of the website, no matter which section you browse. This makes it easily accessible at all times.
If you do not require immediate assistance, you can use the ready-made form. You will find it in the Contact us section. Again, you need to provide some details, such as your name, phone number and email. Type your message in the field and they will contact you back via email.
Of course, you can also email them directly at help@fusionmarkets.com. You can call as well – just dial +61 3 8376 2706.
Conclusion
There is much to recommend about Fusion Markets, particularly if you are looking for a cost-effective trading experience in a highly efficient and reliable environment. The platform is home to an array of trading instruments and charges the lowest commissions Australians can hope to find. This is your spot if you insist on flexibility, tight spreads and high functionality.
