By Nathan Ferguson
Fusion Markets Review
Fusion Markets is a foreign exchange (forex) and contracts for difference (CFD) broker that was established in 2017 and has its headquarters in Australia. The Australian Securities and Investments Commission (ASIC), which is well-known for its stringent regulatory structure, is the body in charge of overseeing the company’s compliance with the regulations.
Fusion Markets’ trading platform has been recognized with accolades for its user-friendly design and features, and the company’s goal is to offer its customers a trading experience that is both cost-effective and cutting-edge. In this FusionMarkets review, we will take a more in-depth look at it and evaluate the services that Fusion Market broker has to offer.
Several Types of Accounts and the Terms of Trade at FusionMarkets broker
Regular, Raw, and Islamic trading accounts are the three options available to customers of Fusion Markets. The Standard account does not charge a commission but has broader spreads, whilst the Raw account charges a modest commission each lot traded but has narrower spreads.
Neither account has a minimum balance requirement. Swaps are not allowed on the Islamic account, which was created specifically for customers who abide by the Shariah rule. Traders who are interested in testing the platform without putting their own money at risk can take advantage of the demo account that Fusion Markets provides.
When it comes to the terms and circumstances of trading, Fusion Markets provides leverage of up to 500:1 for foreign exchange pairs and up to 200:1 for contracts for difference (CFDs). The minimum deposit is only one dollar, and the minimum size of an individual trade is 0.01 lots. Spreads on the Standard account start at 0.8 pips, while spreads on the Raw account start at 0.0 pips, and the commission is set at $4.50 per lot for both accounts.
FusionMarkets Trading Platform
MetaTrader 4, also known as MT4, is one of the trading platforms offered by Fusion Markets. This platform is widely recognized as being one of the most user-friendly and feature-rich platforms currently available.
Because MT4 can be used as a desktop application, a web platform, and a mobile app, customers may access their accounts and engage in trading at any time and from any location. The platform provides sophisticated charting tools, a comprehensive selection of technical indicators, and capabilities for automated trading through the use of Expert Advisors (EAs).
fusoinmarkets.com broker provides its customers with not only MT4 but also its own customized trading platform known as Fusion Trader. This platform is web-based and provides a variety of one-of-a-kind features, such as the ability to trade with just one click, watchlists that can be customized, and real-time news and market analysis. Because Fusion Trader is also fully linked with MT4, users are able to swap between the two platforms without any interruptions.
Commissions and Service Charges
The low-cost trading model is one that Fusion Markets takes great pride in. As was previously stated, the Raw account offers narrow spreads and a low commission rate per lot traded, whilst the Standard account provides broader spreads but does not charge a fee.
One of the most competitively low commission rates in the business is $4.50 per lot, which is charged on the Raw account. Also, there are no hidden fees or charges associated with Fusion Markets, and the company does not charge any fees associated with deposits or withdrawals.
Education and Scientific Investigation
To assist customers in making educated decisions regarding their trading activities, Fusion Markets provides a variety of educational resources and research tools. The website of the organization has a detailed Frequently Asked Questions area, video training, as well as a variety of trading tips and textbooks. Also, the platform provides daily market analysis and news updates, in addition to live trading signals, an economic calendar, and other useful tools.
Assistance to Customers
Email, live chat, and phone help are all available to customers of Fusion Markets, and the company’s customer service team is available around the clock.
The website of the company also features a specific area devoted to frequently asked questions (FAQ), which provides information on a variety of subjects, such as how to register an account, make deposits and withdrawals, and use various trading platforms. In addition, Fusion Markets maintains an active presence on social media platforms such as Facebook, Twitter, and Instagram, giving it a robust online profile.
Conclusion
In general, Fusion Markets is an innovative and low-cost forex and CFD broker that provides a variety of trading accounts and platforms to meet the requirements of a wide variety of customers. The trading conditions provided by the company are among the most competitive in the industry, with narrow spreads and minimal commissions.
Moreover, the company’s exclusive Fusion Trader platform provides a variety of features that are not found anywhere else. In addition to providing outstanding customer service, fusionmarkets.com trading platform provides a wide variety of educational resources and research tools to its users. This fusionmarkets.com review is a must read if you want to get familiar with the offerings of this broker. Do give it a read as you will not regret it.