Recommended for
- forex trading 4.4/5
Trusted broker
Regulated by top-tier financial authorities
Popularity
11,588
people
chose this broker in the last 6 months
BrokerChooser Score
4.5/5
Fusion Markets review summary
Fusion Markets is an Australia-based discount forex broker, regulated by the ASIC, VFSC and FSA Seychelles. Fusion Markets has low trading and non-trading fees and the account opening is easy and fast. The broker operates a great customer service that provides fast and relevant answers. On the negative side, educational tools consist only of a demo account, there are no videos or articles. The product portfolio includes only forex, CFDs and crypto. Lastly, there is no investor protection. BrokerChooser gave Fusion Markets a 4.5/5 rating based on analyzing 500+ criteria and testing via opening a live account.
Is Fusion Markets a legit broker?
See how Fusion Markets is regulated and whether you should have any concerns using it.
Fusion Markets pros and cons
Pros
Cons
- Low trading and non-trading fees
- Fast and easy account opening
- Great customer service
- Basic educational tools
- Limited product selection
- No investor protection
Fusion Markets main highlights
🗺️ Country of regulation
Australia, Vanuatu
💰 Trading fees class
Low
💰 Inactivity fee charged
No
💰 Withdrawal fee amount
$0
💰 Minimum deposit
$0
🕖 Time to open an account
1 day
💳 Deposit with bank card
Available
👛 Depositing with electronic wallet
Available
💱 Number of base currencies supported
8
🎮 Demo account provided
Yes
🛍️ Products offered
Forex, CFD, Crypto
Fees
Fusion Markets has low forex and CFD fees and charges no inactivity or withdrawal fees.
Account opening
The account opening at Fusion Markets is user-friendly and fully digital. It is also very fast, as our test account was verified the same day.
Deposit and withdrawal
At Fusion Markets, most withdrawals are free and you can use bank transfer, credit/debit cards and electronic wallets to add funds. However, you can’t open an account in minor currencies.
Web trading platform
The web trading platform of Fusion Markets (provided by MetaTrader) is highly customizable and has a clear fee report. On the other hand, its design is outdated and it lacks a two-step login and price alerts.
Mobile trading platform
Fusion Markets has a great mobile trading platform offered by MetaTrader 4. It is well-designed and user-friendly, with a good search function. However, it lacks a safe login.
Desktop trading platform
In design and functionality, Fusion Markets’s MetaTrader 4 desktop platform is almost the same as the web trading platform. A major difference is that you can set price alerts here.
Markets and products
Fusion Markets offers many currency pairs and some CFDs. On the other hand, a lot of popular asset classes, such as real stocks, ETFs and funds, are not available.
Research
Fusion Markets has great research tools. From trading ideas to quality news feeds, there are a lot of services to choose from. On the negative side, the charting tools, provided by MetaTrader, have an outdated design.
Customer service
Fusion Markets’s customer service is exceptionally good across multiple dimensions, hence you’ll be in good hands when it comes to your broker-related questions.
Education
Fusion Markets offers only a demo account as an educational tool. Educational videos, platform tutorial videos and educational texts are not available.
Safety
Fusion Markets is regulated by the top-tier Australian authority ASIC as well as the regulator of Vanuatu. It provides negative balance protection for clients under ASIC. However, investor protection is not available.
