Fusion Markets Review: Is Fusion Markets any good?
Broker overview and general information
Fusion Markets is an Australian broker founded in 2017 by veterans of the Australian Forex industry. The broker has over 50 years of experience in the financial and investment industry.
Broker Licensing and Regulation
If you ask whether Fusion Markets is good or not, you should start by considering the registration and license factors first, which are detailed as follows:
Gleneagle Asset Management Pty Limited (ABN 29 103 162 278) doing business under the name Fusion Markets.
Australian Securities and Investment Commission (ASIC) License No. 385620 under Fmgp Trading Group Pty Ltd.
Vanuatu Financial Services Commission (VFSC) License No. 40256 under Gleneagle Securities Pty Ltd.
Broker Products and Services
Trading products
There are a variety of investment products to choose from to support all needs, covering Forex, metals, indices, energy and agricultural products, cryptocurrencies, US stock CFDs.
Trade Forex: Trade Forex, fast transactions, popular currency pairs to choose from as desired.
US Stocks: Trade over 100 major companies via CFDs on the MetaTrader 5 platform, reducing trading costs. Offers a wide range of commission-free US stock CFDs.
Indices: Pay $0 commissions to trade all popular indices including the S&P 500, NASDAQ, Hang Seng and many more. Use leverage and increase your exposure to trades with tight spreads and industry-leading customer service.
Metals: Trade Gold, Silver, Copper and more with the best spreads and lower fees. With a commission of $2.25 per lot.
Energy & Crop Products: Trade the world's most popular commodities with the lowest commissions. With $0 commissions and access to over 250 trading products.
Cryptocurrencies: Trade the most popular CryptoCurrency pairs with leverage as CFDs and pay $0 commission. With Bitcoin spreads from 0.04% and ETH spreads from 0.09%, this is one of the most cost-effective platforms for trading cryptocurrency.
Trading Platform
Traders can invest via MetaTrader 4, WebTrader for MT4, MetaTrader 5, TradingView and cTrader.
MT4:MetaTrader 4A basic trading program suitable for all new investors. Easy to use, convenient, fast. It is the most convenient platform for starting to trade. It can be used on both computers and iOS, Android.
WebTrader(MT4)Provide convenience for investors by trading via web browser but still using the UI system from MT4 as the base to provide services on Windows and Mac.
MT5:MetaTrader 5A trading program developed from MT4 to be more convenient, with a variety of tools to help make trading more efficient, with more indicators, suitable for experienced investors.
TradingViewIt is the world's most popular charting platform, used by over 50 million traders worldwide. On TradingView, you can execute trades, use advanced charts, run scripts, and more, providing quality trading.
cTraderIt is a popular Forex and CFD platform with advanced trading features, a user-friendly interface and code customization. Available on Windows, Mac, iOS, Android or any browser, cTrader offers traders a wide range of capabilities not available on other platforms. Download cTrader and access features such as advanced market depth options, 26 timeframes, and over 70 built-in indicators that give a more complete trading overview.
⚠️Warning: Users reported that the MT5 platform has settings that allow for incorrect order execution, resulting in errors in trade orders leading to lost profits. The broker has since fixed the issue, but there are still concerns about order execution during periods of high volatility.
Fusion Markets Review: Account Types
Brokers have 2 types of investor accounts: The Zero account and The Classic account.
The Zero Account
The Classic Account
Deposit and Withdrawal
Brokers offer a wide variety of deposit and withdrawal channels to choose from, meeting the needs of customers from many countries as follows:
Deposit
|
| Period |
| Minimum deposit |
| Currency |
| Fees |
| BankWire Transfer (International) |
| 1-5 business days |
| 10 USD |
| AUD, CAD, EUR, GBP, SGD, JPY, THB, USD |
| - |
| Visa/Mastercard |
| Instant |
| 10 USD |
| AUD, CAD, EUR, GBP, SGD, USD |
| - |
| Interac |
| 1 - 3 hours |
| 10 USD |
| CAD |
| - |
| PayPal |
| Instant |
| 10 USD |
| AUD, CHF, CZK, DKK, EUR, GBP, HUF, NOK, PLN, SEK, SGD, USD |
| - |
| PayID |
| Instant |
| 1 AUD |
| AUD |
| - |
| Crypto |
| Instant |
| 10 USD |
| EUR, USD |
| - |
| BinancePay |
| Instant |
| 20 USD |
| EUR, USD |
| - |
| Skrill |
| Instant |
| 10 USD |
| USD, AUD, GBP, EUR, SGD, JPY |
| - |
| Neteller |
| Instant |
| 10 USD |
| USD, AUD, GBP, EUR, SGD, JPY |
| - |
| Jeton |
| Instant |
| 10 USD |
| AUD, CAD, EUR, GBP, JPY, SGD, USD |
| - |
| Perfect Money |
| Instant |
| 10 USD |
| EUR, USD |
| - |
| MiFinity |
| Instant |
| 10 USD |
| EUR, USD |
| - |
Withdrawal
|
| Period |
| Minimum withdrawal |
| Currency |
| Fees |
| Visa/Mastercard |
| 1-5 business days |
| 10 USD |
| USD, AUD, GBP, EUR, SGD, CAD, JPY |
| - |
| Local Bank Transfer |
| 1-2 business days |
| 10 USD |
| THB, IDR, VND, MYR, CNY |
| - |
| Bank Wire Transfer |
| 1-2 business days (AU); 3-5 business days (International) |
| 10 USD |
| USD, AUD, GBP, EUR, SGD, CAD, JPY |
| - |
| Interac |
| 1-2 business days |
| 10 USD |
| CAD |
| - |
| Skrill |
| Instant |
| 10 USD |
| USD, AUD, GBP, EUR, SGD, CAD, JPY |
| - |
| Neteller |
| Instant |
| 10 USD |
| USD, AUD, GBP, EUR, SGD, CAD, JPY |
| - |
| PayPal |
| Instant |
| 10 USD |
| USD, AUD, GBP, EUR, SGD |
| - |
| Perfect Money |
| Instant |
| 10 USD |
| EUR, USD |
| - |
| Crypto |
| Instant |
| 10 USD |
| BTC, BCH, LTC, ETH (ERC20), USDT (ERC20), XRP |
| - |
| AstroPay |
| Instant |
| 10 USD |
| USD |
| - |
| Jeton |
| 1-2 business days |
| 10 USD |
| AUD, CAD, EUR, GBP, JPY, SGD, USD |
| - |
| DragonPay |
| 1-2 business days |
| 10 USD |
| PHP |
| - |
| MiFinity |
| Instant |
| 10 USD |
| USD, CAD, EUR, GBP, USD |
| - |
Fusion Markets Pros and Cons
Pros :
There are various deposit and withdrawal channels.
Multiple trading platforms
Wide range of tradable assets
Cons :
There are no clear promotions and bonuses.
Platform errors that lead to lost profits
Customer support is slow.
Despite the variety of deposit and withdrawal channels, only a few channels are guaranteed to charge THB.
Found reports of unclear fee charges
Office location and contact channels
For foreign investors or Thai investors who want to invest, you can contact customer service 24 hours a day through this channel.
Email: [email protected] ,[email protected]
Website:https://fusionmarkets.com/th/
Facebook:https://web.facebook.com/FusionMarkets.au
Supported languages:English, Thai, Chinese, Spanish, Indonesian, Vietnamese
Broker Overview Summary
Overall, Fusion Markets is an outstanding and interesting Forex broker with a wide range of trading assets that cover all investment needs. It also supports trading on a variety of platforms, making this broker a broker worth watching and investing in for Thai investors. However, there are additional considerations based on user reviews, which found various problems, such as the trading platform being unstable at times, causing missed profits, slow customer support, and unclear fee charges.
Fusion Markets FAQs
What platforms can I use to trade Forex?
Answer: You can trade via MetaTrader 4, WebTrader for MT4, MetaTrader 5, TradingView and cTrader.
How many types of accounts are there to choose from?
Answer: There are two types of accounts to choose from: The Zero Account and The Classic Account.
What assets are available for trading?
Answer: There are Forex, Metals, Indices, Energy & Agricultural Products, Cryptocurrencies, US Stock CFDs available.
Choose the safest and most suitable broker with TrustFinance reviews
Start trading Forex easily. Choose a safe and reliable broker with TrustFinance. A source of information and reviews of over 180,000 Forex brokers and financial companies, covering leading Forex brokers such as Exness, FBS, XM, IC Markets, IUX and many more.
Fusion Markets Review Compare spreads, fees, trading platforms, deposit and withdrawal conditions and more with real user reviews to help you decide which broker suits your needs.
