Fusion Markets is an online brokerage firm based in Australia. It offers a wide variety of dynamic platforms and account types that accommodate all levels of traders. Fusion Markets uses state-of-the-art technology to provide easy, fast and immediate access to all financial markets.
Fusion Markets Regulation and Licenses
Fusion Markets was created by a group of expert forex traders in Australia. They have joined 50 years of trading experience and developed Fusion Markets. This broker offers incredible trading experience with transparency and ease. Fusion Markets is the trading brand of Gleneagle Asset Management Pty Ltd, or GAML, an international online financial services provider with offices around the world, including Sydney and Melbourne.
Fusion Markets operates under the authority of the Australian Securities and Investment Commission or ASIC. It is also licensed by the Australian Financial Services License, granting the broker the right to offer brokerage services in Australia. ASIC is one of the strictest and most trusted regulators in the world, which means that a license from this body guarantees that a broker is low-risk. Moreover, this license is granted only to brokers that strictly abide by the rules set by the AFSL. This requires the ability to retain adequate financial capital, to perform qualified business activities, and to comply with national training, insurance, and dispute resolution requirements.
In compliance with the regulations issued by the ASIC, this broker implements a string of safety standards. Under Westpac, one of Australia’s most trusted and highly-regarded banks, Fusion Markets stores client funds in segregated accounts. WestPac is one of the four largest banks in Australia and provides a wide range of services in individual, corporate, institutional banking and wealth management.
Fusion Markets Account Types
Two trading accounts are offered by Fusion Markets: Classic and True ECN. Both accounts provide access to a certain number of assets, a similar minimum deposit, and leverage. Both accounts are excellent choices, though the two largely vary in commissions.
- Classic Account: This account is made for beginners specifically, and does not charge any commissions. The Classic Account spreads start from as low as 0.8 pips, compensating for commission-less trading.
- True ECN Account: This account offers spreads with a commission rate of $4.50 per lot, starting from as low as 0 pip. For this account, spreads are considerably tiny, and it is most fitting for traders who use tight spreads. For scalpers, this account is best.
Fusion Markets Platform Services
For traders to choose from, Fusion Markets offers a number of trading platforms. This broker is also considered a pioneer in the industry’s provision of MetaTrader platforms. A MAM/PAMM platform suitable for money managers is also provided by Fusion Markets.
In foreign exchange trading, MT4 is a classic and is used primarily by investors to trade in currency markets. It provides a user-friendly and intuitive interface for both inexperienced and experienced traders, including a good range of features. It has hundreds of tools and indicators built-in, timeframes, maps, and open positions, making it possible for several trades. MT4 is also known for the fast deployment of technology and industry-grade technology that the most advanced traders love.
The key feature of MT4 is its Expert Advisors’ automated trading. MT4 helps traders to customize their own MQL4 EAs with the MetaEditor built-in. Users may opt to buy from the MQL marketplace custom Expert Advisors, which can be accessed directly by traders on either MetaTrader site. When traders prefer day executions, but still produce profitable trades, automated trading is a good choice.
One of the key features of Fusion Markets is the Multi-Account Manager/Percentage Allocation Management Module, or MAM/PAMM. On the MetaFX network, the MAM system provides money managers with a well-performing multi-account manager solution. It is known for versatility, elevated speed of execution, and stability. With the use of MAM, execution and trading costs are set at a low rate, which means a 0.1 pip execution cost on all platform-supported trading properties. MetaFX allows unlimited accounts to be exchanged and any size to be traded. It also has specialist advisors and a good selection of goods and types of trading.
Fusion Markets Conclusion
Fusion Markets has a good reputation and competitive trading conditions as a professional broker. It is regulated by trusted independent bodies and follows global requirements for suppliers of financial services. However, there are downsides, including analysis and analytics, to trading with Fusion Markets. To date Fusion Markets provides a good range of features and services.