Fusion Markets is a well established forex broker hailing from Australia the company’s inception dates back to 2017 and it operates under the watchful eyes of regulatory bodies such as the Australian Securities and Investments Commission (ASIC) and the Vanuatu Financial Services Commission (VFSC)
Advantages
Mobile Apps for iOS & Android
Regulation by ASIC and VFSC
Competitive Spreads
No Deposit or Withdrawal Fees
Extensive Leverage Options
Disadvantages:
Limited Asset Range Beyond Forex
Unavailable to US Trader
Absence of ETFs or Bonds
Crucial to any reputable broker is the presence of robust regulation and a secure trading environment. Fusion Markets excels in this regard as it is regulated by ASIC prominent regulatory authority in Australia and VFSC well respected offshore regulator. This dual regulation enables traders worldwide that benefit from highly secure trading environment with effective safeguards while also enjoying certain advantages such as leverage availability and bonuses.
Australian clients have the added advantage of trading under ASIC regulatory framework which includes negative balance protection but however clients from other countries that trade under the jurisdiction of VFSC where investor protection is relatively limited.
Furthermore, Fusion Markets’ extensive tenure in the industry since 2017 instills confidence and trust. The broker has established a solid reputation not only in Australia but globally, garnering positive reviews and earning the trust of a vast client base.
Fees
Fusion Markets strives to maintain low fees for its clients and the specific fees you encounter will depend on the type of account that you choose to open. There are three primary account types offered by Fusion Markets ; Zero , Classic , and a swap-free account option for Islamic traders or those with specific
requirements. Zero account boasts an initial spread of 0 pips but it does entail a commission of $4.50 per round turn trade. On the other hand the Classic account features spreads starting from 0.8 pips on major currency pairs and operates without any trading commissions.
For CFD positions held open after the market’s closing, overnight fees are applicable based on prevailing rates at that time. However, the swap-free account is exempt from these charges, although alternative fees may apply.
When it comes to deposits and withdrawals at Fusion Markets they are generally free of charge. The exception to this is international wire transfers that which may entail fees. For all other payment methods, the broker typically does not impose any fees. Additionally, Fusion Markets does not levy an inactivity fee. Instead, if your account remains inactive or has a zero balance for a period of 90 days, it will be archived by the broker. However, you can restore these accounts by contacting the
support team
Fusion Markets emerges as a highly regarded broker with strong regulatory oversight that instilling confidence among traders. The brokers user-friendly trading environment appeals to both novice and seasoned traders.
These favorable qualities it is evident why Fusion Markets has experienced growth and expansin throughout its tenure in the industry with ongoing development and a forward-thinking approach the broker is poised to remain a top choice for traders.