Fusion Markets is one of the leading online brokers in Australia. It is regulated in two jurisdictions, which includes the Australian Securities and Investments Commission (ASIC). It is a tier one regulator and is required to maintain the highest standards in order to keep its trading license. Here are some questions to consider when looking for a broker.
Opening an account and login
Fusion Markets offers a demo account that is free for new customers to try. This is a great way to practice trading and try out different products before you open a real account. When opening an account, you will need to provide an email address, unique password and other personal information.
The process of opening an account at Fusion Markets is easy and quick. You will need to fill out a web form and provide some basic information, such as your email address and date of birth. In addition, you may be required to provide documents such as a copy of your ID.
Payment methods are also plentiful with Fusion Markets, including Visa/Debit cards and PayPal. You can also use some e-payment methods, like Neteller or Fasapay. The company does not charge for using these methods, but they can take a couple of business days to process.
Does the broker offer a demo account?
Fusion Markets has a low set up fee and offers direct control of your portfolio. However, it is not suitable for non-technical traders. It also lacks any educational tools or investor protection. In addition, it is not regulated in Canada. The registration process involves filling out an online application, verifying your personal details and loading your account with funds. However, the firm does offer a free demo account, where you can practice your trading skills before you decide to switch to a real account.
The platform allows you to have up to 200 open positions at a time. This helps ensure that your account operates at its optimum level at all times. Fusion Markets also endorses hedging, in which you buy and sell a currency pair at the same time. You can also trade in precious and base metals using the Fusion Markets platform.
Creating a demo account is free and can be done through the website of Fusion Markets. A demo account will require a phone number and an email address. You can use it for up to four weeks before having to open a live account. You can use the demo account concurrently with a real account, which will give you access to real funds.
Deposit and withdrawal
The deposit and withdrawal process at Fusion Markets is easy. The brokerage offers two types of accounts: Classic Account and ECN Account. ECN Accounts offer tight spreads, but also require a commission. Fusion Markets also offers corporate accounts. You can make a deposit with a credit card or an alternative form of payment. You must verify your primary identification and billing information.
Fusion Markets broker accepts several payment methods. You can use a credit card, debit card, e-Wallet, and wire transfer. Credit and debit card deposits are free, but other payment methods may incur a fee. You can typically get your funds within one to five business days, depending on which method you choose. Fusion Markets also offers a good selection of currencies to trade in, and there are no currency conversion fees.
The broker offers competitive fees and commissions. The average spread for the EUR/USD pair is just 0.9 pips for the entry-level Classic account. You can also get a 2% bonus on your account for referring a friend. In addition, Fusion Markets does not charge account inactivity fees. Withdrawals are also free within Australia, and you only pay AUD20 if you want to withdraw money internationally.
Available countries
Fusion Markets is a broker based in Australia. It is regulated by ASIC and the VFSC. The company offers two account types: Classic and Zero. Both offer competitive pricing. You can open a Classic account with a minimum deposit of $10 USD. If you are new to forex trading, Fusion Markets offers leverage ranging from 20:1 to 500:1. In addition, they don’t charge commissions.
Fusion Markets is a broker that accepts traders from all over the world. Their fee structure is easy to understand, and users can check commissions and profit-loss balances with ease. The broker also offers three types of order types: market, stop, and limit. Moreover, their MetaTrader 4 trading platform is available in multiple languages. This allows customers to trade in their language of choice. Fusion Markets is not based in Canada, so they don’t accept clients from this country.
In addition to live chat, Fusion Markets also offers email and telephone support. While their live chat operators are friendly and prepared, they don’t offer 24/7 assistance. However, you can send a message to your broker and get help right away.
Trading education
If you’re a newbie to trading, Fusion Markets’ online trading education is worth a look. The broker puts news feeds in its trading platform, which you can customize to suit your needs. The site also offers a sentiment analysis feature. MT4 accounts can also be opened with the platform, and it’s available in multiple languages.
The website of Fusion Markets requires a minimum deposit of $5,000 per sub-account, and there are three sub-accounts per account. You also need a track record of profitability for three months. Lastly, your account manager must be licensed in your country. Besides that, the company accepts AUD, EUR, GBP, and USD as base currencies.
The platform is simple to use and offers a variety of tools. It also offers a trading calculator and economic events calendar. Users can also take advantage of its MAM (Multi Account Manager) system, which was specifically designed for money managers. MAM also offers a wide variety of order types and trade sizes. Traders with varying skill levels can benefit from this program, although it incurs a 0.1 pip fee for each trade.
Customer service
Fusion Markets offers a wide range of customer service options, ranging from live chat to email. Their live chat button is located in the lower right corner of the website and can be accessed at any time. To start a chat, you must first enter your email address and live account number. After that, the live support agent will answer your queries. They will be able to deal with any type of issue you may have.
You can use credit cards and debit cards to make deposits or withdrawals. You can also use the bank transfer option to fund your account. This method does not charge a commission. However, it can take up to 5 days to complete, depending on your country of origin. While Fusion Markets has no minimum deposit requirement, most customers deposit between $1,500 and $25,000, although it is recommended that you deposit a minimum of $500 before attempting to make any withdrawals.
Fusion Markets’ fee structure is simple and easy to understand. You can view your commissions, profit-loss balance, and order types from one interface. Their customer support agents can also assist you with your trading questions. They offer two trading account types: demo accounts and live trading. If you are new to the forex market, Fusion Markets offers a free demo account.
Is there an mobile app? Android and iphone.
While Fusion Markets does not have a mobile app, it boasts a convenient and easy account opening process. To sign up, clients must complete a short form and upload two documents to verify their identity: a valid ID and a utility bill. Once the forms are verified, the client may fund their account and begin trading.
This broker is based in Australia and accepts clients from around the world. However, some countries are not allowed to open accounts with Fusion Markets. As a result, it is important to research and understand what countries the brokerage is willing to accept. If you live in a country where Fusion Markets is not available, consider another broker.
If you’re new to the world of trading, you’ll be glad to know that Fusion Markets offers a free demo account. This will allow you to practice your skills and test products before making a live investment. It only takes a few minutes to register. You’ll also need an email address, a password, and some personal information.
Pros and Cons
If you’re looking for a brokerage with high-quality trading platforms, Fusion Markets is an excellent option. With a team of 50+ years of trading experience, Fusion Markets has what it takes to make trading easy and affordable for any account size. The company offers some of the lowest commission rates in the industry ($4.50) as well as competitive bid/ask prices.
Despite the fact that it has only been around for a few years, the company is fully regulated and has a cutting-edge trading platform. One of the pros of this broker is that it provides services to traders from a variety of jurisdictions. This includes Burma, North Korea, Japan, Syria, Sudan, and Lebanon.
Another perk of Fusion Markets is that it offers a multi-account manager solution. Their MAM system is powered by the MetaFX platform, which is known for its flexibility, stability, and speed. This MAM system has several benefits, including a competitive price and excellent customer support.
