Rating Index

Pros

Low minimum deposit requirement of $1, making it accessible for new traders.

Competitive trading conditions with low spreads and commissions, particularly on zero accounts.

Regulated by ASIC, providing a level of trust and security for traders.

Cons

Limited educational resources and proprietary analytics available on the broker's website.

No option to trade real stocks, futures, or options, which may limit trading strategies.

The Vanuatu regulator under which part of the broker operates may not have a strong reputation, raising concerns for some traders.

FUSION broker Accounts

Fusion Markets Account Types

Fusion Markets offers a variety of account types designed to cater to different trading preferences and experience levels. The primary account types available are:

Zero Account:

Best For: Experienced traders and scalpers.
Spreads: Start from 0.0 pips.
Commission: AUD $4.50 per round turn.
Minimum Deposit: $0.
Maximum Leverage: Up to 1:500 (varies by regulation).
Trading Instruments: Forex, metals, cryptocurrencies, energies, stocks, indices.
Platforms: MetaTrader 4, MetaTrader 5.

Classic Account:

Best For: Beginners and casual traders.
Spreads: Start from 0.9 pips.
Commission: No commission; costs are included in the spread.
Minimum Deposit: $0.
Maximum Leverage: Up to 1:500 (varies by regulation).
Trading Instruments: Forex, metals, cryptocurrencies, energies, stocks, indices.
Platforms: MetaTrader 4, MetaTrader 5.

Demo Account:

Best For: New traders wanting to practice risk-free.
Validity: 30 days.

Islamic Account:

Availability: Not explicitly mentioned; generally, Fusion Markets does not provide a swap-free option.

Fusion Markets Broker Account Opening Process

Opening an account with Fusion Markets is a straightforward process that can be completed online. Heres how to get started:

Visit the Website: Go to the Fusion Markets homepage.
Create an Account: Click on the "Create Account" button.
Fill Out Personal Details: Enter your name, email address, phone number, and country of residence.
Select Account Type: Choose between the Zero Account or Classic Account.
Verify Identity: Upload two forms of identification (e.g., passport, utility bill) for KYC compliance.
Fund Your Account: After verification, deposit funds using various available methods (minimum deposit is $1).
Start Trading: Once your account is funded, you can begin trading on your chosen platform.

The entire process is designed to be completed online and typically takes only a few minutes, with account verification usually completed within one business day.