Fusion Markets Account Types

Fusion Markets offers only two live account types, namely a Zero account that is designed for experienced traders, and the Classic account that is designed for beginner traders. Fusion Markets also offers the option to open a demo account that is available for 30 days and a swap-free Islamic account  for traders of the Muslim faith.

Overall Rating

• 4.3/5

Read Review

OPEN AN ACCOUNT

Min Deposit

USD 0

Regulators

ASIC, VFSC

Trading Platform

MT4

Crypto

Yes

Total Pairs

0

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

Fusion Markets Account Types – 8 key point quick overview:

1. Fusion Markets Overview
2. Fusion Markets Account Types
3. Fusion Markets Islamic Account
4. Fusion Markets Demo Account
5. Fusion Markets At a Glance
6. Fusion Markets Pros and Cons
7. Fusion Markets Conclusion
8. Frequently Asked Questions

Fusion Markets Overview

Fusion Markets is a forex broker that boasts itself as being a top-quality trading platform to all trader types at a significantly lower cost than its competitors.

Fusion Markets was founded by veterans of the Australian forex industry with a combined experience of over 50 years and is based in Melbourne, Australia.

The company is committed to fundamentally changing the traders’ expectations of what forex trading should be and being determined to offer excellence and economy combined, the broker provides world-class technology and friendly support to any trader that uses it.

With a commission rate roughly 36 per cent lower than their competitors, the broker is fulfilling its mission to make trading the markets simpler and more economical.

The company’s aims are to lower the cost of trading forex, CFDs and other financial products; to offer friendly support to all traders; and to provide innovative technology for a seamless trading experience.

Fusion Markets is licensed and regulated by the Australian Securities and Investments Commission (ASIC) as a securities dealer and delivers in terms of safety and security. To stay licenced by ASIC, the broker must comply with a strict set of criteria, including a minimum capital requirement of one million AUD and an agreement to file regular reports allowing for third-party audits.

Fusion Markets offers a wide range of financial instruments, as well as ongoing support and top-mark platforms, to cater to traders of all experience levels and budgets.

Fusion Markets provides MetaTrader 4 (MT4) software in several forms, including MetaTrader 4, WebTrader for MT4 and MT4 mobile apps.

Fusion Markets Account Types

Fusion Markets offers only two variations of accounts for their clients to choose between a Zero Account that is designed for experienced traders, and the Classic Account that is designed for beginner traders.

Fusion Markets also offers the option to open a demo account that can be used for 30 days. The broker does not offer a Swap-free or Islamic account for traders of the Muslim faith.

There is no minimum deposit required to open an account.

In addition, the company does not charge any fees on both credit and debit cards, which means that you need not pay anything to make a deposit.

Fusion Markets offers Australia’s lowest advertised forex commissions, which are, on average, around 36 percent cheaper than those of competitors, which represents a significant saving right off.

Traders can choose how much leverage they desire, with a maximum of up to 500:1 allowed.

Fusion Markets Islamic Account

The purpose of an Islamic Account is that it caters specifically to Muslim traders who strictly follow Sharia law. The law prevents its followers from paying any type of interest, such as overnight fees, which is seen as wasteful or exploitive.

Overnight fees are charged should traders hold positions open for longer after the trading day has concluded and this type of account allows exemption from such fees or interest, should they hold positions open for longer.

Fusion Markets does offer clients the option of opening an Islamic Account to Muslim traders who follow Sharia law. Certain features in opening an Islamic Account can differ vastly from the individual account such as minimum deposit, spreads, and more.

These changes are as per the broker’s discretion and/or changes in market conditions.

Fusion Markets Demo Account

Fusion Markets offers a demo account to allow potential clients to trial their products. Limited information about this is available on the company’s website, meaning it is difficult for potential traders to know what they will get without first signing up.

The demo account provides individuals with a fantastic opportunity to gain a feel for what the broker has to offer, meaning that they will not need to take the plunge without first testing the platforms and reaching an informed decision about their choice of broker.

Fusion Markets’ demo or practice account can be utilized in several ways, including the following:

A practice account for beginner traders who wish to hone their trading skills and gain experience in a risk-free environment using virtual funds.

Traders who want to evaluate and compare brokers would like to explore Fusion Markets’s trading conditions in a risk-free environment.

Traders who want to test their trading strategies in an imitated live trading environment without risking their own capital.

Fusion Markets At a Glance

Fusion Markets Pros and Cons

Fusion Markets Conclusion

Overall Rating

• 4.3/5

Read Review

OPEN AN ACCOUNT

Min Deposit

USD 0

Regulators

ASIC, VFSC

Trading Platform

MT4

Crypto

Yes

Total Pairs

0

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

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Frequently Asked Questions

What are the advantages of trading with Fusion Markets?

Advantages of trading with Fusion Markets include comprehensive and competitive trading conditions, no deposit or withdrawal fees, multiple deposit methods and multiple trading platforms.

How many instruments can I trade with Fusion Markets?

You can trade several different instruments with Fusion Markets, which include the following: Currencies: (80+), Cryptocurrencies: (5+) Bitcoin, Litecoin, Ethereum, CFD: (25+) Gold, Silver, Other Precious Metals, Stock Indexes, Oil, Other Commodities.

Does Fusion Markets offer leverage?

Yes, Fusion Markets offers maximum leverage of up to 1: 500.

What are the deposit options for Fusion Markets?

Deposit options for Fusion Markets include: Mastercard, Visa, Sticpay, Neteller, Skrill, FasaPay, Local transfers (for Malaysia, Vietnam, Thailand, Indonesia, Philippines, China, Singapore)

Is Fusion Markets regulated and by whom?

Fusion Markets is regulated by the Australian Securities and Investments Commission (ASIC).