Fusion Markets Review
Is Fusion Markets Legit?
!! Regulator Warning !!
FX and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how FX and CFDs work and whether you can afford to take the high risk of losing your money.
Company Details
Fusion Markets International Ltd as Fusion Markets is a registered Securities Dealer regulated by the Financial Services Authority of Seychelles (license number SD096).
Trading Conditions
| Min Trade | USD 1 |
| Min Deposit | USD 10 |
| Base Currencies | USD, GBP, AUD, CHF, JPY |
| EURUSD Spreads | 1.1 |
Contact Info
All Reviews
Refused To Approve My Account
I opened an account but they refused to approve it because my document image was blurry. Anyways their cutomer support is good and responsive, their dashboard is high-tech, they have TradingView and cTrader which is very good. Another thing I want them to improve on is adding more base currencies and payment methods for Africa
Their MT5 just freezes sometimes causing me to los...
Their MT5 just freezes sometimes causing me to lose money on open trades.
Been trading with fusion for one year now and thei...
Been trading with fusion for one year now and their spreads are really okay. Their customer support is also great and now they have been added to TradingView platform which is excellent
we discuss trading conditions and fees at Fusion Markets
Regulation - 10/10
FMGP Trading Group PTY LTD, trading as Fusion Markets are regulated by the Australian Securities & investment Commission (ASIC) with AFSL number 000385620.
Fusion Markets is also a member of the Australian Financial Complaints Authority, which helps in dispute resolution.
Fusion Markets Deposits & Withdrawals - 7.7/10
Minimum Deposit
Fusion Markets minimum deposit is $10 across all their account types.
Minimum Withdrawal
Fusion Markets minimum withdrawal is $10 depending on the withdrawal method you choose.
Payment Methods
- Local Bank
- PayPal
- Crypto
- Cards
- Skrill
- Neteller
- JetonBank
- Mifinity
- BinancePay
- SticPay
- DragonPay
- ZotaPay
- DuitNow
- VN Pay
- FPX (Malaysia)
- PIX
- FasaPay
- DurianPay
- Interac (Canada)
- PayID
Withdrawal Time
Fusion Markets withrawals are processed instantly.
Account Types - 6/10
1. Classic Account
This is a spread-only account with zero commissions and a minimum deposit of $10.
2. Zero Account
This account offers lower spread but you must pay a flat commission on evry trade. The minimum deposit is also $10.
3. Swap-Free Accounts (Nonmuslims & Muslims)
Fusion Markets swap-free accounts can be opened by everyone irrespective of religion. You dont pay or receive swaps for the first 7 days of leaving your trade open overnight, but after that you pay a flat commission per night.
Account Management - 9/10
Base Currencies
Fusion Markets has AUD base currency as well as USD, GBP. EUR, JPY, CHF, NOK, DKK, SEK base currencies.
Number of Accounts You Can Open
You can open up to 10 live accounts and 10 demo trading accounts from one personal area.
Margin Call & Stop Out
Margin calls come when your margin level falls to 90% and stop out occurs when your margin level falls to 20%.
Leverage
In Australia leverage cannot exceed 1:30 but outside Australia international clients can access up to 1:500 leverage.
Online Wallet
Fusion Markets provides an online wallet where all your deposits are held and you can perform an internal transfer to move funds from the wallet, to your trading accounts.
Changing Your Account Type
if you opened one type of account, you can request for it to be changed to another type without having to open a new account.
Fees - 8/10
1. Spread & Commission
Spread on the Classic Account starts from 0.9 pips with no commissions.
The Zero Account offers spreads from 0.0 pips but you pay a $2.25 commission per side per standaerd lot.
The Swap-Free Accounts have spreads starting from 1.4 pips with zero commissions.
See below the average spreads on popular instrumets on the Classic Account.
- EUR/USD 1.1 pips
- NAS100 0.8 pips
- XAU/USD 1.39 pips
- NAT GAS 7.8 pips
2. Overnight Fees
Fusion Markets has swap-free accounts for both muslims and nonmuslims.
If you choose to open a swap-free account you will not pay any swaps on overnight positions for 7 days. After 7 days, you will pay a flat admin fee per trade.
The admin fee varies depending on the currency pair. EUR/USD has a $50 per standard lot admin fee, AUD/USD is $30. USD/JPY is $150 etc.
3. Withdrawal Fees
Fusion Markets does not charge withdrawal fees.
4. Inactivity Fees
Fusion Markets does not charge inactivity fees.