Fusion Markets Review Is it Legit? May 2023

However, the spread amount is very much dependent on the market conditions. Each asset type has its limits, as far as how the firm can provide according to its resources. This is the account to use if you’re just getting started and don’t want to worry about calculating your commission before each trade. The commission is included in the spread when you trade, so what you see is what you get. Fusion Markest guarantees a low trading environment with its two account types.

• Fusion Markets offers MetaTrader 4 as a desktop trading platform.
• A Trader is a person you’re copying, and you must know their identity and validate their trading strategy.
• Fusion Markets offers clients trading ideas that are based on advanced indicators such as indicator movements or chart patterns.
• MT4 is also available for both Windows and Mac, as well as a web trading platform.
• Trading in any type of financial product including forex, CFDs, stocks, and cryptocurrencies involves a high level of risk.

Customer support is provided via online chat, telephone and email. The same friendly support is provided regardless of a client’s experience level. I have always found the support to be excellent and amongst the best I have received from any broker. You can sign up to a discounted MT4 VPS hosting service from recommended third party providers, including FXVM and NYC Servers. The broker will credit standard VPS fees at the end of the month for clients who trade more than 20 lots in that month. I actually use a third-party provider for my VPS but find it to be an invaluable tool.

The pip calculator will help you determine the value per pip in your base currency so that you can monitor your risk per trade with more accuracy. Market Buzz harnesses the power of cutting-edge Artificial Intelligence, sifting through thousands of articles and sources to take the wisdom of the crowd and neatly summarises it for you. I found this to be a great tool for gauging the market sentiment and getting a feel for what is trending at the moment.

I like to run automated systems around the clock, and therefore need platforms up and running all the time. There are other brokers who provide a free VPS such as Blueberry Markets. Fusion Markets offer industry leading trading platforms in MetaTrader 4 (MT4) and MetaTrader 5 (MT5). MetaTrader is available on desktop (Windows / Mac), web and mobile (iPhone / iPad / Android / Tablet).

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. 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. The Fusion Markets website and trading platforms are intuitive and user-friendly, but let’s be honest, trading can be a pretty complex business with a steep learning curve.

Fusion Markets Review

As such, reliable customer support is an important consideration for our review of Fusion Markets. Another impressive feature of Fusion Markets is that you also have the option to open a demo account. This gives you access to the various trading platforms and lets you open and close positions using virtual funds. Also, it has a limited selection of products and is not listed on the stock exchange. Fusion Markets offers MetaTrader4 as a mobile trading platform, just like the web-based trading platform. Both the iOS and the Android versions of MetaTrader4 are available to traders.

I am happy with the top-tier regulation that the broker has and would not have any worries using them for trading. They are especially popular for their automated trading bots, a.k.a. Expert Advisors. We are so pleased to hear you’re pleased with your experience. Fusion Market is a broker that has good systems in place for low-cost trading.

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The Fusion Affiliates program works on the basis that the partner gets a reward for every person they refer. Fusion Markets helps by providing many marketing materials and by tracking the sources of new clients. This program requires you to apply first by filling out a form. You’ll most probably like their news feed, which can be found in the ‘News’ area. The ‘My Feeds’ function is also great; it lets you choose which news sources you wish to follow.

• Once your documents have been verified by the accounts department, you will be able to fund your account using one of the deposit options and commence trading.
• Fusion Markets started as a forex-focused platform and this is reflected in the excellent service it still provides.
• If you go for the ZERO account, then you’ll pay $2.25 per lot per trade plus whatever the spread is.
• Fusion Markets, like most well-known brokers, offers a demo account for new users to try out their services.
• The only exception may be if you are making an international wire transfer.

All information contained herein should be independently verified and confirmed. We do not accept any liability for any loss or damage whatsoever caused in reliance upon such information or services. Please be aware of the risks involved with any trading done in any financial market.

For traders who prefer a MAM account, the MetaFX platform is available. This platform allows for the use of EAs and all other trading styles, as well as the full range of assets available at Fusion Markets. Traders can also trade any lot size that meets the broker’s requirements and on an unlimited number of accounts.

Regulation and deposit insurance – is Fusion Markets legit?

However, the platform also has an excellent customer support team that can be reached 24/7. 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. Social trading (also known as copy trading) is offered by Fusion Markets. Provided that you and your follower account get to trade a minimum of 2.5 lots of FX/Metals every month, this service is free.

The most popular choice is the MT4 trading platform, which is renowned for its high reputation, excellent customizability, and ease of use on almost any device. With MT4, traders can trade on all available assets, engage in one-click trading, and use the popular EAs feature to automate their trades. MT4 is also available for both Windows and Mac, as well as a web trading platform.

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. All client funds are deposited into segregated accounts that are separate from Fusion Markets’ business dealings. These deposit accounts are managed by HSBC for UK/European customers and the National Bank of Australia for users in other parts of the world.

Fusion Markets allows you to modify your leverage levels, which is truly fantastic. If you want to reduce the risk of your trade, changing your leverage is a very handy function. You need to be aware when trading forex and CFDs because the leverage levels are set high.

Rates, terms, products and services on third-party websites are subject to change without notice. We may be compensated but this should not be seen as an endorsement or recommendation by TradingBrokers.com, nor shall it bias our broker reviews. MetaTrader 4 is a popular platform amongst millions of traders across the globe. It is well known for its convenient and user intuitive interface that allows for efficient trading.

Additionally, we have to mention the fact that, unlike other brokers, the referral program’s cash bonus is now withdrawable. The customer service on the site is very diligent and unflattering. The constant flow of information is not a given thing on the site. One can get6 in touch with the customer service team via email, phone call, or the live chat widget which can be found on the bottom right corner of the website.

I think MT4 would be good enough for those who want to trade forex, but MT5 probably preferable for trading stocks. If your country is listed, please feel free to browse our broker reviews for an alternative option. However, we found that the broker does not provide comprehensive educational and learning materials, seminars, or webinars, which are crucial for beginner traders. DupliTrade provides traders copy trading platform to duplicate the actions from DupliTrade into their Fusion Markets MT4 Account. Also, new traders can benefit from the trial trades through a free Demo account. For more information about account types, you can see the screenshot below.

Myfxbook AutoTrade is a social trading platform, allowing you to follow and copy traders via Myfxbook, one of the world’s largest online communities of forex trading. Rather than showing every system under the sun, Myfxbook only shows the best run systems, hand-picked by their team. They only include live accounts and you control whether https://traderoom.info/ to add or remove a system on your account. It is important to know that historical performance is by no means any guarantee of future results. I am a big fan of Myfxbook and use it for its other features such as analysing the statistics of my trading strategies to see what has worked well and areas in which I could improve.

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. 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. In our Fusion Markets review, we covered everything from the different trading markets and account types available to the customer service users can expect.

Fusion Markets operates as an NDD (no dealing desk) broker, ensuring there is no interference with trades and keeping spreads and costs low. Overnight fees are applicable if CFD positions are held overnight, and the fees are either charged or paid depending on the direction of the trade. Fusion Markets does not charge an inactivity fee, but after 90 days of inactivity and no funds in the account, the account may be archived. Let’s have a look at how the firms operate their referral program and the outcomes they’ve obtained. The firm will give each individual $50 when all the requirements are met. Which are sharing the custom fusion markets link to one’s friend.

The withdrawal time can vary depending on the payment provider and method. Bank transfers may take a few business days to clear whilst some methods can be instant. The MT4 mobile application is freely available on Android and iOS devices from the relevant app stores.

The firm is Australian based so having two local licenses is definitely a good thing. Deposit at Fusion markets is free with no minimum and can be done through transfers, credit cards, or electronic wallets. Traders can securely keep their funds and withdraw them whenever they wish to. The Vanuatu Fusion Markets services are regulated by the Vanuatu Financial Services Commission (VFSC).

I like that we get access to additional trading tools and good variety of payment options. They have very low fees, tight spreads and rapid trade execution speeds. In addition to top trading conditions, the broker is regulated which helps give you protection and ensures they must operate in a transparent manner. I have been with them for many years now and expect them to be leading the way for years to come.