FUSION Forex Broker provides real users with * positive reviews, * neutral reviews and 1 exposure review!
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The customer service told me that due to a system error, it would take one or two days to trade, but after the process of withdrawing $3,000 on June 28, the CRM (https://crm.FUSION 999.com/) could not be displayed, and the chart (MT4 XAUUSD, U) also stopped, unable to trade. My own account is also invalid. Also, the main FUSION site (https://FUSION 999.com/ja/index.html) is also discontinued.
Fusion Markets has garnered attention in the forex trading community for its low-cost trading solutions and user-friendly platforms. Overall, the broker is viewed positively, with many users appreciating the competitive spreads and the absence of non-trading fees. However, some concerns remain regarding the limited educational resources and the varying levels of regulation across different regions.
Note: Its important to highlight that Fusion Markets operates through different entities based on geographical location, which can impact the level of regulatory protection available to traders. This review aims to provide a fair and accurate overview based on multiple sources.
| Category | Rating (out of 10) |
|---|---|
| Account Conditions | 9 |
| Tools and Resources | 6 |
| Customer Service and Support | 8 |
| Trading Setup (Experience) | 8 |
| Trustworthiness | 7 |
| User Experience | 8 |
We rate brokers based on a comprehensive analysis of user feedback, expert opinions, and factual data.
Founded in 2017 and fully operational since 2019, Fusion Markets is an Australian forex and CFD broker headquartered in Melbourne. The broker is regulated by the Australian Securities and Investments Commission (ASIC) and operates under additional jurisdictions in Vanuatu and Seychelles. Fusion Markets primarily offers trading through the well-known MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, catering to both beginner and experienced traders. The broker provides access to a diverse range of trading instruments, including over 90 forex pairs, commodities, cryptocurrencies, and stock CFDs.
Fusion Markets is regulated in multiple jurisdictions, including ASIC in Australia, the Vanuatu Financial Services Commission (VFSC), and the Financial Services Authority (FSA) in Seychelles. While ASIC provides a strong regulatory framework, the VFSC and FSA are considered less stringent, which raises concerns about investor protection for clients outside Australia.
Fusion Markets supports several base currencies, including AUD, USD, EUR, GBP, JPY, and CAD. The broker does not charge any deposit or withdrawal fees, although international wire transfers may incur charges from third-party banks, typically ranging from $20 to $30.
One of the standout features of Fusion Markets is the absence of a minimum deposit requirement, making it accessible for traders with varying capital levels. While many users typically fund their accounts with around $1,500, the flexibility to start with as little as $0 is appealing for beginners.
Fusion Markets does not offer traditional bonuses or promotions. However, they do have a "Bring a Friend" program, where clients can earn rewards for referring new traders. This approach aligns with the broker's focus on transparency and cost-effectiveness.
Fusion Markets provides a wide array of trading instruments, primarily focusing on forex, commodities, indices, and cryptocurrencies. Specifically, the broker offers over 90 currency pairs, 110 US stock CFDs, and a selection of cryptocurrencies, including Bitcoin and Ethereum. However, it lacks offerings in more complex asset classes like futures or ETFs.
Fusion Markets is known for its competitive pricing structure. The broker offers spreads starting from 0.0 pips on their Zero account, with a commission of AUD 4.50 per lot. For the Classic account, spreads start from 0.9 pips with no additional commission. This pricing strategy positions Fusion Markets as one of the lowest-cost brokers in Australia, with trading costs reported to be 36% lower than competitors.
Leverage varies by regulatory jurisdiction. For ASIC-regulated accounts, the maximum leverage is 1:30, while for VFSC and FSA clients, it can go up to 1:500. This flexibility allows more experienced traders to utilize higher leverage, although it also introduces increased risk.
Fusion Markets offers several trading platforms, including MT4, MT5, and the newer cTrader. These platforms are designed to accommodate various trading styles, from manual to algorithmic trading. The addition of social trading features through platforms like Duplitrade and Fusion+ enhances the trading experience, especially for beginners looking to learn from experienced traders.
Fusion Markets does not accept clients from specific countries, including the United States, New Zealand, and several others. This limitation is essential for potential clients to consider, as it may affect their ability to open an account.
Fusion Markets provides customer support primarily in English, with various channels such as live chat, email, and phone support. The responsiveness of the customer service team has been positively noted by users, with many reporting quick and helpful responses.
| Category | Rating (out of 10) |
|---|---|
| Account Conditions | 9 |
| Tools and Resources | 6 |
| Customer Service and Support | 8 |
| Trading Setup (Experience) | 8 |
| Trustworthiness | 7 |
| User Experience | 8 |
Fusion Markets excels in offering a user-friendly account setup with no minimum deposit required, making it accessible for all traders. The variety of account types, including a swap-free option, caters to different trading needs.
While Fusion Markets provides essential tools and platforms for trading, the educational resources are limited. Users seeking comprehensive training materials may find this lacking compared to other brokers.
Customer support is a strong point for Fusion Markets, with users reporting quick and effective assistance. The availability of multiple support channels enhances the overall user experience.
The trading experience on Fusion Markets is generally smooth, with fast execution speeds and a range of trading platforms. However, the lack of advanced research tools may hinder some traders.
Fusion Markets is considered relatively trustworthy, especially due to its ASIC regulation. However, the varying levels of protection in different jurisdictions could pose risks for international clients.
Users have generally reported a positive experience with Fusion Markets, praising its low-cost trading and effective customer support. The seamless integration of trading platforms enhances the overall usability of the broker.
In conclusion, Fusion Markets stands out as a competitive option for forex and CFD trading, particularly for those seeking low costs and user-friendly platforms. However, potential clients should be aware of the limitations in educational resources and the varying levels of regulatory protection based on geographical location.
