Fusion Markets Review: The Broker for You? 2023

MT4 requires little introduction, given its status as the most popular trading software on the market. Highly praised by users of all levels, it offers strong charting, efficient tools, multiple timeframes, and full customizability. Trade over 90 pairs and keep costs to a minimum, with tight spreads and industry-leading commissions. Currencies can be traded 24/5 with no dealing desk intervention. We recommend Fusion Markets for traders looking for the lowest fees with spreads from 0.0 pips and a $2.25 per side commission. Fusion Markets were recommended to me and I’m glad they were!

Fusion Markets made its name as a forex broker so it will come of little surprise that the platform offers a very respectable trading environment for those looking to deal in currencies. Our Fusion Markets review found the platform offers over 90 currency pairs to trade with and the services can be accessed 24/7. In our Fusion Markets review, we covered everything from the different trading markets and account types available to the customer service users can expect.

Risk Management

This account is designed for religious reasons and charges a higher cost due to not charging swaps. Unfortunately, we can’t avoid higher costs on this account as it is Fusion that pays the overnight financing on your behalf. That said, we’re always happy to chat and clarify any concerns we have. Thanks for leaving some feedback for the Trustpilot community. At Fusion we are quite proud of our low-cost trading conditions with round-turn trading on Gold of only $4.50 per lot. We show our historical and average spreads on our website so feel free to check our trading conditions on any of the wide array of trading instruments we offer.

• If a broker is regulated by a regional authority, it may not accept clients from all the provinces and states of Canada.
• The ZERO Account is the most popular and features those industry-leading commissions mentioned above and spreads from 0 pips.
• An excellent experience from very professional staff throughout the company.
• Just keep in mind that if you’re trading on this platform from Canada, you’ll use the Fusion Markets X version.

The account itself offers access to all of the assets you can trade as well as being completely commission-free. The Fusion Markets Classic Account is a good starting point for many traders. This is the simplest and most user-friendly account type choice you can make to get started with trading at this FX broker.

lowest trading costs and responsible team

If that trade size is exceeded, they may experience slippage. Fusion+ is free provided you trade at least 2.5 standard lots each month. The good thing is Fusion offers over 90 forex pairs and 10+ metals meaning there are plenty of copy trading opportunities. If you don’t meet the minimum trading requirements then the cost will be USD$10 per month. When looking at the customer service department, user experience user reviews are generally positive. With Visa and MasterCard there are no fees and the money should enter your account instantaneously.

This means that you can lose more than your initial deposit though a number of risk management tools are provided that we will talk about later. Fusion Markets is a CFD broker meaning that all assets available here are traded as CFDs. Within that, you will find a very low starting spread on the Zero account of 0 pips. This increases to 0.8 pips on the Classic account but the average stays competitive on major assets.

Range Of Currency Pairs And CFDs

User Design and User Interface also could use an overhaul to compare with modern software for both usability and ease of use. We recommend Fusion Markets for forex traders looking for low fees and a chance to use the Metatrader 4 platform. You can change leverage levels at Fusion Markets, which is great. Changing the leverage is a very useful feature if you want to lower the risk of your trade. Be careful with forex and CFD trading, as preset leverage levels are very high.

We found that Fusion Markets has a lot to offer and the following review will explain exactly what you can expect from the platform. Here you can receive forex signals from experienced investors and set up automated trading. The service provides hand-picked systems, no hidden fees and the trader controls when they add or remove a strategy from their account. The broker’s native copy trading platform, Fusion+, offers access to experienced traders with low to zero fees and a hassle-free follower process.

Fusion is a good broker and has good…

Withdrawal requests are processed within the same day or next if outside working hours. The withdrawal time can vary depending on the payment provider and method. Bank transfers may take a few business days to clear whilst some methods can be instant. The Zero account is the most popular with spreads starting from just 0 pips and a very competitive commission charge of $4.50. This account will tend to have lower spreads and thus may be deemed more suitable for those whose strategy relies on tight spreads, such as scalpers.

There are no fees on deposits made via credit and debit cards. Some fees may be charged when using certain payment methods so you should check with them beforehand. MetaTrader 4 is a popular platform amongst millions of traders across the globe. It is well known for its convenient and user intuitive interface that allows for efficient trading. This makes it the platform of choice for many beginner and advanced traders alike. The Fusion MT4 platform has superb execution speeds as low as 0.02 miliseconds and the ability to connect to the proprietary Fusion Hub for managing your account.

We liked Fusion Markets’ news feed located in the ‘News’ section. In addition to being able to filter the news for a specific asset, you are also shown a sentiment score for that asset. For example, if all the articles are bullish/positive, then a 100% positive score is assigned.

Not to mention, you can get loads more both free and paid through the MQL marketplace. DupliTrade offers traders a user-friendly copy trading platform allowing you to duplicate the actions of hand-picked traders from DupliTrade into your Fusion Markets MT4 Account. With just a few clicks, you can select, modify or remove strategies.

It is our mission to deliver excellent service to our clients and we are glad that you are having a great experience of it. Reviews like this are really encouraging for our support team. They really do their best to deliver quick, professional, https://forex-reviews.org/forex-brokers/ and friendly responses. Withdrawal processes always have been executed in a timely manner which demonstrates a lot of trust in the future. Great to hear from you, so pleased to hear you’re pleased with your experience.

This includes no inactivity fees, no fees on deposit or withdrawal besides an international bank transfer outside Australia that is likely to be $20-$30. The base currencies offered by Fusion Markets include the USD, EUR, GBP, JPY, SGD,  and AUD to help you avoid conversion fees. You will also find many deposit and withdrawal methods available. When you trade forex on leverage and hold your position overnight, a fee will be charged. Financing costs change daily, and can add up if you hold your positions for a longer period. Before a client can start trading with virtual funds on a temporary Demo Account, the broker will require identity and address verification.

• These usually offer bank accounts in several currencies with great currency exchange rates, as well as free or cheap international bank transfers.
• You can choose from multiple order types as well as one-click trading for faster access.
• On the classic account, there are no commissions, but you will have wider spreads, see here.
• Most other markets are all available on the same days though many have breaks in trading to notes.
• While we can appreciate this can delay the transactions, it’s conducted this way to protect the client.

Also available if you are trading with a MAM account is the MetaFX platform. This again facilitates the use of EAs and all other trading styles as well as the full range of assets the broker has available. Through this platform, you can trade any lot size that meets the broker requirements and also on an unlimited number of accounts. The Fusion Market free demo account is valid for 30-days though if you choose to make just a small real money deposit in your live account, you will have access to an unlimited demo account. The Fusion Markets demo account, as with any forex trading demo account, is a great starting place if you are new to trading or to the broker. You can open a demo account for free and the account itself is completely risk-free with no obligation to make a real money deposit.