Fusion Markets: Exclusive About the Offshore Regulated

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Fusion Markets: Exclusive About the Offshore Regulated

When trading forex, the sheer number of brokers available can be overwhelming, each promising unique benefits and competitive advantages. To make an informed decision, you should research potential brokers and read all comprehensive forex trading broker reviews. 

In this review, Finxpdx will provide a detailed look at an Australian-based broker established in 2017, known for prioritizing affordable trading without sacrificing quality or service variety.


Fusion Markets: Overview 

logo

Established: 2017
Headquarters: Australia
Trading Platforms: MetaTrader 4, MetaTrader 5, cTrader
Mobile Trading: Yes
Minimum Deposit: $0
Account Types: ZERO Account, Classic Account, Swap Free Accounts

Fusion Markets distinguishes itself as a brokerage firm dedicated to democratizing access to the forex and CFD trading markets through cost-effective solutions. Founded in 2017 with its headquarters situated in Australia, the firm has rapidly established a prominent presence within the international trading community. 

The cornerstone of Fusion Markets’ value proposition lies in its commitment to providing trading opportunities at significantly reduced costs compared to its competitors.


Regulation and Registration 

Fusion Markets is regulated across multiple jurisdictions, ensuring secure and compliant trading environments for its clients. In Australia, it operates under FMGP Trading Group Pty Ltd, holding an Australian Financial Services Licence (AFSL) regulated by the Australian Securities and Investment Commission (ASIC). 

Internationally, Fusion Markets extends its services with licensing from the Financial Services Authority (FSA) of Seychelles for global operations, and in Vanuatu, it’s regulated by the Vanuatu Financial Services Commission (VFSC). This regulatory framework underscores Fusion Markets’ commitment to adhering to strict financial standards and providing a trustworthy trading experience.


Account Types of Fusion Markets

Account Types

Fusion Markets offers a range of trading accounts to meet different traders’ needs. Each account type is designed to cater to various trading strategies and preferences.

Zero Account

  • Minimum Deposit: $0
  • Spread: From 0.0 pips
  • Commission: $4.5 round turn
  • Maximum Leverage: Not specified
  • Instruments: All available trading instruments

Classic Account

  • Minimum Deposit:  $0
  • Spread: From 0.9 pips
  • Commission: $0
  • Maximum Leverage: Not specified
  • Instruments: All available trading instruments

Swap-Free Accounts

  • Minimum Deposit:  $0
  • Spread: From 1.4 pips for EURUSD
  • Commission: $0
  • Maximum Leverage: Not specified
  • Instruments: Over 50 popular financial instruments available

Deposit and Withdrawal

Fusion Markets offers a wide array of fee-free deposit methods, including major credit and debit cards, various e-wallets, and cryptocurrencies, along with bank wire transfers. For traders in certain countries, local bank transfer options are also available, enhancing accessibility. Withdrawals can be processed through bank wire, credit/debit card, Skrill, and Neteller, with a specific policy for credit/debit card withdrawals to refund the original deposit amount back to the card.


Products in Fusion Markets

Fusion Markets offers a diverse portfolio of trading products, catering to a wide range of investment preferences.


Trading Platform of Fusion Markets

Fusion Markets offers: 

  • cTrader
  • MetaTrader 4
  • MetaTrader 5

Fees of Fusion Markets

Fusion Markets offers a commission rate of $2.25 per side, with no deposit fees, and no minimum account size requirement. Highlighting their low forex trading costs, they claims their commission rate is on average 36% cheaper than competitors, supported by spreads from 0.0.

The broker offers specialized support and does not charge fees for certain deposit methods. Additionally, they provide options for copy trading and allow for free trading of US Share CFDs.  It is regulated by prominent authorities like ASIC and VFSC.


Fusion Markets Promotions

They are now offering a “Refer a Friend” program where both the referrer and the referred friend receive $50 each after the friend signs up and starts trading, subject to terms and conditions. More information here


Customer Support 

  • Melbourne HQ Address: Level 10/627 Chapel St South Yarra VIC 3141 Australia
  • E-mail: [email protected]
  • Phone Number: +61 3 8376 2706
  • Fusion Markets EN Address: Govant Building, BP 1276 Port Vila Vanuatu
  • Fusion Markets SEY: CT House, Office 9A Providence, Mahe Seychelles

Pros & Cons 

  • Competitive fees
  • Multiple platforms
  • No minimum deposit
  • No instant withdrawal; the process considered to take a relatively long time.
  • No investor protection; VFSC and FSA considered offshore regulators​

Pros Explained

  • The competitive fees offered by Fusion Markets ensure that traders can enjoy more of their profits with lower costs impacting their trading activities. This is especially beneficial for high-volume traders who would otherwise incur significant expenses in commissions and spreads.
  • The availability of multiple trading platforms allows traders to select the environment that best suits their trading style and needs, whether they prioritize automated trading, advanced charting, or ease of use.
  • The no minimum deposit requirement democratizes access to global markets, enabling traders at all levels to participate without the barrier of having to invest a large sum upfront.

Cons Explained

  • The potential delay of 1 to 5 business days for withdrawals may not suit traders who require faster access to their capital. This could impact trading strategies that rely on quick fund turnover.
  • The lack of investor protection and the classification of VFSC and FSA as offshore regulators might concern traders about the safety of their funds and the regulatory oversight of their broker. While ASIC’s involvement provides a degree of credibility, the absence of a safety net for investors outside Australia could be seen as a significant downside.

Is Fusion Markets Worth Considering?

Is Fusion Markets Worth Considering?

Fusion Markets is worth considering for traders prioritizing low trading costs, a variety of trading platforms, and accessibility through no minimum deposit requirements. The broker stands out for its competitive fees and provides the flexibility to trade on popular platforms such as MetaTrader 4, MetaTrader 5, and cTrader.

However, potential drawbacks such as the 1 to 5 business days withdrawal time frame and concerns regarding investor protection under VFSC and FSA regulations might be significant for some traders. While the absence of minimum deposit requirements and low fees enhance its appeal, the evaluation of regulatory oversight and the implications for fund safety are crucial considerations​.

Traders should weigh these advantages against the potential cons from this Fusion Markets review, especially regarding regulatory and fund safety concerns, to determine if Fusion Markets aligns with their trading strategy and risk tolerance​​​​​​.


FAQs

1. What is Fusion Markets?

Fusion Markets is a forex and CFD broker that emphasizes low trading costs, offering access to a wide range of trading platforms, including MetaTrader 4, MetaTrader 5, and cTrader. It operates with competitive fees, no minimum deposit requirements, and provides various account types to suit different trading styles.

2. How does Fusion Markets ensure the safety of my funds?

Fusion Markets is regulated by top-tier authorities including the Australian Securities and Investments Commission (ASIC), the Vanuatu Financial Services Commission (VFSC), and the Financial Services Authority of Seychelles (FSA). Clients’ funds are held in segregated accounts, ensuring they are not used for any other purpose.

3. What trading platforms are available with Fusion Markets?

Fusion Markets offers MetaTrader 4, MetaTrader 5, and cTrader.

4. What types of accounts does Fusion Markets offer?

They provides several account types, including the Zero account, Classic account, and Swap-Free accounts, each designed to cater to different trading needs and strategies. The broker also offers demo accounts for practice trading.

5. Can I trade cryptocurrencies with Fusion Markets?

Yes, Fusion Markets offers cryptocurrency CFD trading as part of its product range, allowing traders to speculate on the price movements of major cryptocurrencies without owning the underlying asset.


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Read more: Broker Reviews

By FinxpdX Team
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