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Fusion Markets Review 2024

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Fusion Markets is an Australian trading platform that’s been operating since 2010 and has earned a solid reputation for its low fees and user-friendly trading platform. If you’re looking for a new trading platform, it is definitely worthy of consideration.

In our Fusion Markets review, we covered everything from the different trading markets and account types available to the customer service users can expect. We found that Fusion Markets has a lot to offer and the following review will explain exactly what you can expect from the platform.

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License
ASIC - Australian Securities and Investments Commission
Accepts Customers from
Players from United States of America not accepted
Website
fusionmarkets.com
Overall Rating
Rating follows
  • New Customer Offers
    3.8/5
  • Usability
    3.6/5
  • Available Account Types
    3.8/5
  • Trading Platforms
    3.7/5
  • Payments
    3.8/5
  • Customer Service
    3.9/5
  • Regulation & Deposit Insurance
    3.6/5
No review posted yet.
User Rating
0/5
5 Stars
0%
4 Stars
0%
3 Stars
0%
2 Stars
0%
1 Star
0%
Dave Thatcher
Dave Thatcher
Last Updated on 24/03/2024

Offers and new customer experience - what is the Fusion Markets sign-up process?

When you sign up to Fusion Markets, there are no special offers or promotions. This may sound disappointing to some but most Fusion Markets agree that this is often a sign of quality, as the platform does not need to rely on gimmicks to attract new users.

You can open an account by simply clicking on the ‘Create an Account’ tab, which can be found in the top right-hand corner of the screen. This will begin the process, but you’ll need to input a few details before you can get started. These include your email, date of birth and address. Fusion Markets will then need to complete its KYC checks, which may require you to provide copies of an ID document.

Usability - getting to grips with the Fusion Markets website

When it comes to the initial Fusion Markets experience and rating, the platform scores pretty highly. The website is extremely well laid out, with pretty much every option you could need is accessible via the main menu across the top of the screen. If you require additional information about the company or its services, you’ll find it in the footer at the bottom of the page.

As part of our Fusion Markets review, we spent some time exploring the site and found it was extremely easy to navigate and worked flawlessly–even during the busiest times. All the services are accessible and users have plenty of options when it comes to actually accessing the trading platforms and markets.

Overall, we found the Fusion Markets very easy to use and believe it will be suitable for both new and experienced traders. You can check out our IG.com review if you want to compare to a site with a slightly different layout, that is equally simple to use.

Accounts - two account types available with Fusion Markets

If you’ve checked out our AvaTrade review, then you’ll know that we like to see operators cater their services to different levels of traders. Fusion Markets meets this criterion by offering two different account types – the Classic Account and the Zero Account.

Most Fusion Market reviews will note that the accounts are actually fairly similar. They differ in how fees are applied to trades. The classic account has the total fee built into each spread, which makes it more suitable for newer traders. The ZERO account, on the other hand, requires traders to factor in the commission and spread fees and is targeted more at higher-volume traders.

Users choose which account type they want when initially signing up to the platform. Both accounts allow users to access all the same Fusion Markets features and tools.

In addition to the two accounts detailed above, new users also have the option of opening a Fusion Markets demo account. As the name suggests, this is an account that lets you try your hand at forex or CFD trading without actually risking real funds. Once you’ve used all your virtual funds, you can then sign up for a full account or simply move on to a different operator.

Trading Platforms - top marks from our Fusion Markets review

Another thing that impressed our Fusion Markets review was the range of trading platforms available. Once again, a selection of platforms is important if a platform is to appeal to different levels of traders.

First up, Fusion Markets offers the MetaTrader 4 platform for desktop users. Anyone familiar with forex or CFD trading will know that MT4 is arguably the market leader. It offers a huge number of professional-level tools as well as myriad charting options. Typically, the MT4 platform is better for more advanced users.

Fusion Markets also offers its web trading platform, which is also powered by MT4. The advantage of the web trader is that there is no need to download any additional software–everything can be accessed through your web browser.

Finally, Fusion Markets also offers the MT4 trader as a downloadable mobile app, available for both Android and IOS devices.

Trading payments - multiple funding options

If you want to trade with Fusion Markets, then obviously you will need to fund your account. The good news is that the platform gives you plenty of choice. You can use your Visa/Debit card, PayPal, wire transfer or several e-payment options, such as Skrill, Neteller, Fasapay, Jeton Wallet, Perfect Money, and Online Naira. The only thing worth noting is that if you deposit via wire transfer from a bank account outside Australia to the platform’s domestic deposit account, you’ll pay a fee of A$20 – A$30.

So is Fusion Markets reliable for withdrawals? You bet it is. The platform employs stringent KYC procedures to ensure that funds can only be withdrawn to your registered payment methods. Withdrawals also must be processed back to the same payment method used to deposit.

There are no minimum deposits and, aside from the currency conversion mentioned above, Fusion Markets will not charge you for moving funds in or out of your account.

Fees – competitive pricing at Fusion Markets

Most Fusion Markets reviews agree that the platform offers highly competitive fees, although, as we’ve discussed, these can vary depending on which account type you opt for. If you go for the ZERO account, then you’ll pay $2.25 per lot per trade plus whatever the spread is. Spreads start at 0 pips but the average is around 0.2 pips. If you’re using the Classic Account, then all fees will be included in the spread price. With this account, spreads start at 0.8 pips.

One major plus point noted by our Fusion Markets review is that the platform has very few other fees. There’s no account management fee and no inactivity fee. We compared the fees of Fusion Markets with our Binance review and found them to be highly competitive. However, there can be additional fees associated if you are using your Fusion Markets account with different currencies.

Customer service - 24/7 support at Fusion Markets

Our Fusion Markets review believes this is one of the most approachable platforms you’re likely to find and there’s plenty of information available on the site about the markets available and the various tools you can use. However, the platform also has an excellent customer support team that can be reached 24/7.

By far the easiest way to get in touch is via webchat. Our Fusion Markets review found the team typically responds within two minutes, but this can be longer during busier periods. You also have the option of emailing the team and there’s even a phone number available if you want to speak to the team directly.

You might even find that you don’t need to contact customer service at all, as the website has a fairly in-depth FAQ section that covers just about every kind of query you can imagine, from payment options to how to set up the trading platforms.

Regulation and deposit insurance - is Fusion Markets reliable?

When it comes to trading and investing online, regulation is a pretty big deal. Not only does adequate licensing ensure that everything is above board, but it also acts as an indicator of quality, as the operator must have met the necessary operational requirements to secure its license.

Fusion Markets holds an Australian Financial Services License and is also authorised by the Vanuatu Financial Services Commission. In addition to this, its parent company, Fusion Markets International, is authorised as a securities dealer by the Financial Services Authority of Seychelles. Taken together, these are some pretty robust regulatory credentials and should put your mind at ease that there are no Fusion Markets scams going on.

If you’ve read our other articles, such as our Capital.com review, then you’ll know it’s important that trading platforms keep all user deposits in dedicated accounts that are separate from its own business operations. Our Fusion Markets review is therefore pleased to confirm that user funds are held in accounts with HSBC and Australia National Bank, so you can rest assured that your funds are safe.

Additional Features - get more from Fusion Markets

In addition to its already impressive range of features, our Fusion Markets review was pleased to find that the platform offers a demo account, which allows users to try out the various trading platforms and even get a feel for the markets without having to commit real funds. This is particularly useful if you are new to trading, as the learning curve can be quite steep and having a demo account gives you the opportunity to make rookie errors without paying the consequences.

We were also impressed with the referral scheme the platform has in place, offering users the chance to earn commission if friends and family sign up to the site.

Fusion Markets Forex

Trade offer

Fusion Markets made its name as a forex broker so it will come of little surprise that the platform offers a very respectable trading environment for those looking to deal in currencies. Our Fusion Markets review found the platform offers over 90 currency pairs to trade with and the services can be accessed 24/7.

Trading costs

Trading assets online is never free but Fusion Markets is known for its low fees. What you pay to trade forex will depend on the account type you have. If you open the ZERO account, then you’ll pay a fixed commission of $2.25 in addition to the spread, which starts at 0.0 pips. If, on the other hand, you have the Classic Account, all fees will be included in the spreads, which start at 0.8 pips. We compared the Fusion Markets fee structure and spreads to other similar platforms and found them to be highly competitive.

Trading conditions

Fusion Markets trading conditions are pretty standard and if you want to compare them to a similar-sized operator you can check out our BitMEX review. Spreads for forex start at 0.0, with the average differing from one currency pair to another. The minimum translation size is 0.01. Users that meet the criteria also have the option of using leverage, which Fusion Markets offers up to a maximum of 500:1.

Product summary

Fusion Markets started as a forex-focused platform and this is reflected in the excellent service it still provides. Our Fusion Markets review found the platform’s fees to be highly competitive and its trading conditions are as good if not better than other platforms of a similar size. If you’re looking to start forex trading, then it’s definitely worth giving the Fusion Markets demo account a try.

Fusion Markets CFD

Trade offer

Fusion Markets offers trading in numerous financial assets via Contracts for Difference. By offering CFDs as opposed to trading the assets themselves, Fusion Markets allows traders to gain exposure to several markets via a single trading environment.  By focusing exclusively on CFDs, Fusion Markets is able to offer a streamlined service and make trading much more accessible to those who are perhaps new to the financial markets.

Trading costs

Fusion Markets has two fee structures, depending on which account type you have. If you open a Classic Account, then all trading costs are built into the spreads, which start at 0.8 pips. If you open a ZERO account, spreads start at 0.0 but you’ll pay a commission of $2.25 per trade. Because CFD trading does not involve buying and selling the underlying assets, there are no other handling costs associated with the service.

Trading conditions

All assets available to trade on Fusion Markets are done via CFDs. This means that the trading conditions for US stocks are effectively the same as forex, only the spread sizes will vary from one pair to another. It’s also possible to trade commodities, indices, and US stocks. However, UK users should be aware that it is not currently legal to trade digital currency derivatives, therefore Fusion Markets crypto trading is not offered to those with UK-based accounts.

Product summary

After conducting this Fusion Markets review, we think you’ll be hard pushed to find a better platform for trading CFDs. With competitive fees, several professional-level trading platforms and a huge array of asset classes, Fusion Markets is definitely worth checking out if you are looking for a new operator.

Fusion Markets review FAQ

📈 Is Fusion Markets reliable for CFD trading?

Fusion Markets has long been an established name in forex trading but the platform actually offers numerous other markets. It also has some other fantastic features, such as multiple account types and various trading platforms. If you’d like to find out more about how reliable the platform is, then it’s definitely worth checking out our Fusion Markets review over on TradersBest.com.

☝️ Is Fusion Markets legit?

If you’re going to be trusting a trading platform with your funds, then naturally you’ll want to be sure that everything is above board. Fortunately, this is pretty easy to check by looking up an operator’s licensing and regulatory credentials. All of our operator reviews include details of any licensing bodies so why not head over to TradersBest.com and check out which financial bodies have authorized  Fusion Markets?

₿ Is Fusion Markets good for crypto trading?

For many years, forex has been the number one asset to trade online. However, recently cryptocurrency has started to soar in popularity. Some platforms have been quick to embrace digital currency whereas others have stuck with more traditional assets. To find out what sort of crypto trading options are available on Fusion Markets, you can head on over to the operator’s website or, better yet, check out our Fusion Markets review.

Overall conclusion - Our verdict on Fusion Markets

All things considered, our Fusion Market review thinks this is a very well-put-together site that offers competitive fees and an excellent selection of the industry’s top trading platforms. The markets may be a little limited compared to some other sites–with all assets being traded via CFDs. However, if you’re a trader looking for a new platform, then it’s definitely worth trying out the Fusion Markets demo account.

User Reviews for Fusion Markets

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Forex
CFD
Fusion Markets
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Rating follows
  • Large selection of currency pairs
  • Competitive fees
  • Leverage options
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T&Cs apply, 18+
Fusion Markets
Favicon
Rating follows
  • Numerous asset classes
  • Competitive fees
  • Spreads starting at 0.0 pips
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T&Cs apply, 18+
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Trading financial products carries a high risk to your capital, especially trading leverage products such as CFDs.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Trading financial products carries a high risk to your capital, especially trading leverage products such as CFDs. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

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