The broker has a good variety of trading calculators which can allow you to quickly and easily perform various calculations in preparation for your trading activity. All information on 55brokers.com is only published for general information purposes. We do not present any investment advice or guarantees for the accuracy and reliability of the information. Fusion Markets International Ltd is a company regulated as a Securities Dealer by FSA in Seychelles. However, the broker carries two other licenses from regulatory bodies registered in offshore zones.
- Fusion Markets offers one MT4/MT5 indicator providing actionable trading recommendations.
- I think MT4 would be good enough for those who want to trade forex, but MT5 probably preferable for trading stocks.
- Analyzing the performance of the index can provide a picture of the US economy as a whole.
- You must make a minimum deposit of at least $5,000 per sub-account you will be operating with a limit of three funded sub-accounts available.
Fusion Markets comply with ASIC client money rules and keep all client funds in segregated client trust accounts with Westpac who are Australia’s first bank and oldest company. Fusion Markets offers low-cost accounts and dedicated customer service. It lets you buy and sell currencies quickly and easily with its industry-leading MetaTrader 4 software. Learn more about how this broker works and sign up for your free account today to get started. Fusion Markets‘ software is a good fit for beginners and seasoned forex traders.
Range of Assets
You can try this out for free to get to know the broker before opening a live account. No restrictions and fees are imposed on fund withdrawals as well. Withdrawals via credit or debit cards are processed within 1 to 5 business days, while withdrawals via bank wires are processed within 2 to 5 business days. When it comes to the no-commission accounts, Fusion performs well, showcasing tight spreads and low commissions similar to their ECN account. Keep in mind that most online banking and credit card options are instant, but bank transfers may take up to three business days.
You will pay these though you could also be the one receiving the payment if the trade is moving in your favor. The Classic Account spread starts from 0.8 pips and trading there is completely commission-free. The only minimum withdrawal amount that applies here is if you are using bank wire. On the other hand, Australian residents do not have to worry about this minimum withdrawable, since withdrawals are fee free. Once you have selected the right account type for you it will be time to make your first Fusion Markets deposit. This includes no inactivity fees, no fees on deposit or withdrawal besides an international bank transfer outside Australia that is likely to be $20-$30.
Everything can be managed from your Fusion Markets Client Hub with ease and it is a great way to get to know the broker and what they can offer. This kind of multi-office setup is very common among the best FX brokers and shows the commitment Fusion has to continuing the growth of their operation around the world. If you want to expand your research, and evaluate some options similar to this broker, you can consult the alternatives to Fusion Markets. Fusion Markets is a popular and well-regulated Australian NDD broker.
In addition, traders use a demo account to create or improve trading strategies. When demo trading, everything is similar to live trading with the only difference being that the money is not real and there are no financial risks. As a beginner, you want a risk-free experience, however, demo accounts have their limitations. Traders cannot experience human emotions such as fear, greed, etc. when real money is not at stake. They implement some of the latest cutting-edge technologies to provide fast, easy and efficient access to the global financial markets. It doesn’t matter what your experience level or investment size is, everyone can get access to some of the best trading conditions you will find anywhere.
It is regulated by the Australian Securities and Investment Commission. Bear in mind, while leveraging can be potentially rewarding, you can lose money at high levels of leverage. Our articles are written by experts in their fields (finance, trading, insurance etc.) whose signatures you will see at the beginning and at the end of each article.
Funding and Withdrawals
It offers a user-friendly interface through its MetaTrader 4 software. You can also use your account type to determine whether you pay for the service through a mark-up on the FX rate or a commission per trade. 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. Fusion Markets offers research and actionable trading signals in partnership with third-party providers, which is an efficient approach. The only issue I have is that traders must access them via Fusion Hub, the back office of Fusion Markets, as I would prefer them inside the trading platform.
Fusion Markets review
This platform is used by many brokers and is an industry-leading application. Trades are easy to set up and you can put stop losses in place to make sure that your money fusion markets review is protected if your losses reach a certain level. You can also automate your trades through this platform by inputting some simple scripts into the software.
The calendar displays the actual, forecast and previous result of each news release. It can be an important tool when implemented as part of a trading strategies fundamental analysis. You may find it more convenient to use the economic calendar that is built-in the MT5 platform so you don’t need to switch between applications. Before choosing to open a trading account with any online broker it is important to familiarise yourself with how it is regulated and review all of the legal information provided.
There are major currency pairs, popular cryptos and precious metals. If you want to trade stocks, TMGM have a great selection available. 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.
The platform’s intuitive planning tools and calculators empower you to assess your net worth and develop an investment plan. Find the right investments for your portfolio and reach your financial goals. Get analysts’ evaluations as well as fundamental analyses of company performance. With all these tools at your disposal, you can select your investments with confidence. What gives Fusion Markets an advantage for the prospective trader is its low fees and high-leverage options.
However, Fusion Markets is still worth considering for investors looking for a new easy-to-use platform. Clients of Fusion Markets can use the DupliTrade service to copy trading activities of other traders with a proven track record right into their Fusion Markets MT4 account. You may choose, alter, or remove strategies with only a few clicks. DupliTrade only contains professional traders with a proven track record.
Fusion Markets Demo
Fusion Markets works primarily with retail investors in Australia but has clients from around the world. Just keep in mind that if you’re trading on this platform from Canada, you’ll use the Fusion Markets X version. According to our research, Cryptocurrency trading is available 24/7 and includes Bitcoin, Bitcoin Cash, Ethereum, Litecoin, Stellar, EOS, Polkadot, Chainlink, and more trading products. Gleneagle Securities Pty Limited trading as Fusion Markets EN is a registered company in Vanuatu and is regulated by VFSC. Fusion Markets does not have a minimum deposit requirement, but its FAQ section notes the average deposit is $1,500+. Account verification is mandatory, as Fusion Markets complies with strict AML/KYC requirements stipulated by its three regulators.
According to the Australian brokerage, the average deposit made by most retail customers equals $1,500 or more. With over 250+ available instruments for trading, this Australian forex broker offers a state-of-the-art technological solution for all of its clients. On the negative side, Fusion Markets lacks research tools, and CFDs on stocks are not available. They were designed long ago but remain the number one platform today still when it comes to popularity.
Overall, the mobile trading app offered by Fusion Markets is great. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active. Great to hear from you, so pleased to hear you’re pleased with your experience. We take customer service seriously, we plan to deliver the same customer service in the future. Also remember that we offer 24/7 support, so feel free to reach out whenever!