Fusion Markets Review Is fusionmarkets com scam or legit?

securities and investment

Fusion markets is a regulated broker that mostly provides trading products. You can choose from MT4 or metatrader5 on both desktop and mobile. Fusion Markets offers more than 250 financial products to trade in across a number of the most popular markets in the industry. Firstly, in terms of forex trading, there are more than 90 currency pairs available. This includes major, minor, and exotic currencies and is a comparatively large offering.

Fusion ProThe same world-beating trading costs with more flexible leverage and exclusive benefits available to Premium clients. It supports client with a 24×365 real human presence, always ready and willing to assist and solve any possible issue, providing advise and suggestions through the online chat. They answer to your email, even on saturday/sunday night; it’s just a matter of a couple of hours max. Thank you for choosing Fusion Markets as your broker of choice.

gleneagle asset management

Fusion Markets, like most well-known brokers, offers a demo account for new users to try out their services. Again, the broker’s website provides little details about this, making it difficult for potential clients to figure out what they are getting without first creating an account. Gleneagle Asset Management , which is a subsidiary of Gleneagle Securities, owns the Fusion Markets brand.

✓ For S&P 500 CFD the fee is 0.41 average spread cost, which is considered to be low. Based on our record, Fusion Marketsseems to be more popular. We are tracking product recommendations and mentions on Reddit, HackerNews and some other platforms.

Fusion Markets Review Scores

I have made a profit on top of that profit raising funds to take MFF evaluation. From trading ideas to quality news feeds, there are a lot of services to choose from. On the negative side, the charting tools, provided by MetaTrader, have an outdated design. On the other hand, a lot of popular asset classes, such as real stocks, ETFs and funds, are not available. You can set alerts and notifications,although only via the desktop trading platform.

step login

Checked their regulatory status and found out that their regulatory license was a clone, which made me more suspicious of their good fusion markets reviews… During this period, they kept asking me to deposit money, saying that I could get a lot of profit. When I wanted to withdraw money, they said they needed to verify my identity information, verified over and over again, and then ignored me.

You can open and close positions as quickly as you wish, with no constraints on where the stop loss and take profit are set or hold time. It would be more secure to use two-step authentication, so it’s not really in their favor. The search functions are average, and the assets are organised into categories.

The Trustpilot Experience

If you have any questions or concerns, please feel free to reach out to our customer service team, who are always ready to assist you. At Fusion Markets, we strive to provide our clients with a trading environment that is transparent, reliable, and trustworthy. Online reviews and comments show that this platform was not the best option for desktop traders. Although being a young broker from Australia, they launched in 2017 and only made a few improvements since then.

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However, if you’re a trader looking for a new platform, then it’s definitely worth trying out the Fusion Markets demo account. I feel that they have a personalised approach and put clients’ interests at the forefront of everything that they do. You can trade on powerful yet intuitive platforms for your desktop and mobile devices. I found the trading conditions to be excellent and there is a decent number of financial instruments to choose from. I like that we get access to additional trading tools and good variety of payment options. They have very low fees, tight spreads and rapid trade execution speeds.

After logging in to Client Portal, you’ll see all the research tools offered by Fusion Markets . Charting tools can be found on the MetaTrader trading platform. Under the ‘History’ tab, you can easily check the commissions you paid as well as your profit-loss balance. Fusion Markets allows you to modify your leverage levels, which is truly fantastic. If you want to reduce the risk of your trade, changing your leverage is a very handy function.

While the company has ambitious growth plans, it’s still too low-cost to qualify as a top-end brokerage. Nevertheless, the company has built a reputation in the low-cost niche, with its loyalty commission policy, friendly customer support, and competent legal documents. If you’re worried about account inactivity fees, Fusion Markets is probably the right choice. Fusion Markets provides a fantastic mobile trading platform that has a great design and is easy to use. Opening a multi-currency bank account with a digital bank is a convenient approach to avoid paying any conversion fees. These banks typically provide multiple currency bank accounts with excellent currency exchange rates, as well as none-to-low fees on international bank transfers.

Fusion Markets Minimum Deposit

However, they should first evaluate the amount of capital they’re willing to risk. Even the most experienced traders can quickly lose their entire portfolio. Therefore, using a copy trading system can help them increase their capital and make bigger gains. This process grew from mirror trading to the concept of copy trading. But before you choose a copy trading system, it is important to understand the different types available. If you’re looking to open an account with a forex broker, you may want to check out Fusion Markets.

When it comes to deposits and withdrawals at Fusion Markets, these are all generally fee-free. The only exception may be if you are making an international wire transfer. All other methods typically have no fee from the broker side.

Does Fusion Markets offer Fundamental Data? No.

The Australian Securities and Investment Commission regulates Gleneagle Asset Management Limited as well. The firm is Australian based so having two local licenses is definitely a good thing. It was created in the year 2010 and over a course of a decade only has managed to get two licenses. The broker is indeed regulated and we can presume it may even be safe to do business with however one still needs to be cautious of the broker’s many faults.

Generally speaking, how https://traderoom.info/ brokers make money varies from a broker to another. Fusion Markets joined the other top brokers since 2010 and became a regulated forex broker, based in Australia and governed by the Australian Securities and Investments Commission . FXTM- FXTM Trader – Forex Trading app enables users to find a broker so they can do online trading using an extensive collection of more than 250 different financial instruments.

With just a few clicks, you can select, modify or remove strategies. Choose from only a handful of strategies as DupliTrade only includes successful traders with a proven history and track record. Before choosing to open a trading account with any online broker it is important to familiarise yourself with how it is regulated and review all of the legal information provided. I would personally always prefer to trade with a regulated broker as there will be some protection in the unlikely event that something was to go wrong. I am happy with the top-tier regulation that the broker has and would not have any worries using them for trading.

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Trading in any type of financial product including forex, CFDs, stocks, and cryptocurrencies involves a high level of risk. Fusion Markets offers over 120 different financial products including forex, energy, precious metals, indices, commodities, and cryptocurrencies. 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.

I really like how the broker offers exceptional conditions including low cost trading from just $2.25 commission per standard lot ($4.5 round turn). You can trade forex, stocks and cryptos with tight spreads from just 0.0 pips and rapid trade execution speeds. They also have a great range of trading tools to assist you with your daily trading activity. There are no deposit fees and no minimum account size required to get started. You can even begin with a demo account and practice trading risk free if you wish. The fact that they are regulated means that I can trade with them knowing that my funds are safe so that I can focus on my strategies.

You should have access to the FusionMarkets – Live server after downloading the MT4 mobile trading platform. While Fusion Markets is a forex broker, it still offers some CFDs as well. Stock index CFDs, commodity CFDs, stock CFDs, and crypto are all available to trade. ETF and bond CFDs, on the other hand, are not offered by Fusion Markets.

Overall Fusion markets is considered to be a safe forex broker since it is regulated by financial authorities in common wealth of Australia. We all know how important customer support is, especially when it comes to online trading. In fact, it is a significant factor because no one likes to face an issue and wait days to receive support.

This is quite a predatory opposition between the firm and its clientele. Regarding trading software, there is a huge variety as the broker offers the standard MT4 and MT5 trading platforms alongside with WebTrader, DupliTrade, and MyFXBook Auto trading software. Finally, traders should be aware of all the expenses related to trading, such as commission, swap fees, and spread. By comprehending these expenses, traders can more accurately calculate the total cost of their trades and decide on their trading tactics.

While our partners compensate us for our work, they can not alter our review process, ratings, and recommendations. All financial products involve risk and you should ensure you understand the risk involved as certain financial products may not be suitable for everyone. Trading in margin foreign exchange and derivatives carries a high level of risk and you may incur a loss that is far greater than the amount you invested. Past performance of any product described on this website is not a reliable indication of future performance. Any information or advice contained on this website is general in nature and has been prepared without taking into account your objectives, financial situation or needs.

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I often find myself checking my trading apps to see how my trades are progressing. You can also set notifications to alert you to price activity which saves you from needing to watch charts all day long. The MT4 app includes many of the same features and functionality as the desktop platform.

  • You can trade forex, stocks and cryptos with tight spreads from just 0.0 pips and rapid trade execution speeds.
  • Thank you for choosing Fusion Markets as your broker of choice.
  • I often find myself checking my trading apps to see how my trades are progressing.
  • City Index- City Index is a leading provider of financial Spread Betting, CFD & Forex Trading.

It may also help to ensure your trading is not interrupted by connectivity issues. You can easily customise the platform according to your own individual needs. There is a good choice of 9 timeframes to choose from and multiple chart types. The decent range of 50+ technical indicators and graphical objects can be used for analysing charts to spot potential opportunities. You can save chart templates which makes it easier to access them again in the future. It has low spreads, low commissions .The system works very well.

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