Summary of Fusion Markets Trading Company
Fusion Markets is broker from Australia. It was created in November 2017 and began to provide full services in 2019. The company offers to trade in currency pairs and CFDs. Headquartered in Cremorne, Melbourne, Australia, the broker is regulated by ASIC (Australian Securities and Investment Commission) and VFSC (Vanuatu Financial Services Commission).
Expert Review of Fusion Markets
The Fusion Markets broker is an ambitious participant in the brokerage services market, which from the first years of work has confidently earned a place in the low-cost niche due to important advantages like low commissions, fast and friendly support, and ASIC regulation (Australia).
The Fusion Markets brand is owned by Gleneagle Asset Management (GAML), which in turn is a subsidiary of Gleneagle Securities. Founded in 2010, Gleneagle is an institutional participant in the financial markets offering services such as asset management, corporate consulting, and more. With Gleneagle, Fusion Markets clients take advantage of their strong relationships with liquidity providers to trade with low commissions.
The Fusion Markets brokerage company offers two types of accounts: Classic and Zero. The Zero account’s conditions are more favorable because spreads start at zero and the commission is $4.50 per round (opening and closing a trade). In Classic accounts, the commission is included in the spread, and accordingly, spreads start from 0.8 pips. If your strategy assumes an active trading style, then the Zero account will be preferable.
Investment Programs, Available Markets and Products of the Broker
The Fusion Markets broker provides an opportunity to earn money not only for those who trade on their own, but clients can also open a Multi-Account Manager (MAM/PAMM) account. This option is suitable for experienced traders who are ready to manage their accounts and investors’ accounts and receive a percentage of the trades. For beginners, the main option is to set up your account to copy trades from the accounts of professional traders.
A Multi-Account Manager (MAM) is the solution for professional managers
For professional fund managers who have their own client base and are looking for the best conditions to trade on multiple accounts, Fusion Markets offers special terms. To clarify the details, you need to contact the broker's management and discuss everything individually.
It is known that to apply for a MAM account, managers must:
- Make a minimum deposit of $5,000. The amount on the account cannot fall below this size.
- Have at least three months of statistics confirming the profitability of the system.
- Have at least three clients.
- The manager must be licensed for this type of activity if required in his country.
Trading Conditions for Fusion Markets Users
The Fusion Markets broker does not offer clients the widest range of tools for trading through the classic MetaTrader terminals. Traders receive leverage from 1:30 (for Australian regulated accounts) to 1:500 (for Vanuatu regulated accounts). To check the quality of the broker's services, clients can open a demo account. Unfortunately, work on Islamic accounts (without charging for swaps) is not available for Muslim traders, but the broker promises to notify those interested as soon as this opportunity is implemented.
💻 Trading platform: МТ4 (desktop, mobile, web), МТ5 (desktop, mobile), WebTrader
📊 Accounts: Demo, Classic, Zero
💰 Account currency: AUD, USD, EUR, GBP, JPY, CAD, SGD, THB
💵 Replenishment / Withdrawal: Visa / Mastercard, bank transfer, Skrill, Neteller, Fasapay, Jeton Wallet, Perfect Money, PayPal (not available for all countries)
⚖️ Leverage: Up to 1:30 (for ASIC-regulated retail accounts), up to 1:500 (for VFSC and Fusion Pro ASIC-regulated accounts)
💱 Spread:From 0.8 pips (Classic), from 0 pips (Zero)
🔧 Instruments:Currency pairs (80), CFDs on stocks (50), indices (12), metals (14), energy (3), cryptocurrencies (5)�
� Margin Call / Stop Out:90% / 20%
🏛 Liquidity provider:Unidentified partners of parent company Gleneagle Securities
📋 Orders execution:Market Execution
⭐ Trading features:There is no inactivity fee on the account. To remove the 30-day restriction on using a demo account, you need to replenish your real account with $10
Client Money
Fusion Markets deposits all its client monies into segregated Client Trust Accounts.
Deposit Options
Withdrawal Options and Fees
- The first withdrawal of funds is possible only in the way in which they were credited to the account. It is prohibited to withdraw funds to third-party accounts.
- Withdrawals are available via wire transfer, credit or debit card, Skrill, and Neteller.
- All payments received by 11:00 am AEDT on a business day are processed on the same day. If the broker receives a request after 11:00 AEDT, it will be processed on the next business day. Customers usually receive their funds within 1-5 business days for credit and debit cards (depending on the card provider) and within 2-5 business days for bank transfers.
- Money can be withdrawn to Visa and Mastercard (debit and credit), bank transfer, using the electronic payment system Neteller.
- Fusion Markets does not charge withdrawal fees, but your bank may use an intermediary where fees range from $15 to $25. This is why the broker has a minimum withdrawal amount of $30 via wire transfer (not for Australian residents). Withdrawals to credit and debit cards are commission-free through a refund process. Withdrawals via Skrill and Neteller are also commission-free.
- To be able to make a deposit, you must complete verification.
OPEN ACCOUNT
Click on the Create An Account.After that, the system will offer to fill out a simple form
1. Enter your personal data (name, date of birth, country, address, phone number).
2. Select the account type and base currency, confirm agreement with the documents and ask a secret question and provide a secret answer.
3. Upload scans or photos of documents. The system will ask you to send two documents: for personal identification and for confirming the address of residence.
After clicking on the Verify My Account button, the application will be sent to the broker. The answer is usually received within 1 business day.