Vantage
Fusion Markets Review
Fusion Markets is an Australian-based discount broker recognized for offering some of the lowest forex spreads and commissions in the industry. It caters primarily to cost-conscious traders using the MetaTrader 4 and MetaTrader 5 platforms.
Pros & Cons
What we like
- Extremely low trading commissions ($4.50 round turn).
- No minimum deposit required to open an account.
- Regulated by tier-1 ASIC.
- No fees on deposits or non-trading activity.
Where it falls short
- Limited educational resources for beginners.
- Smaller product range compared to industry leaders (no real stocks).
- No proprietary trading platform.
Table of Contents
1. Trust & Regulation
Trust is paramount when choosing a broker. Fusion Markets is considered highly trustworthy, primarily because it is regulated by the Australian Securities & Investments Commission (ASIC), a top-tier financial regulator known for stringent guidelines.
Highly Regulated
Client funds are held in segregated accounts. Regulated by ASIC (Tier 1) and VFSC (Tier 4 for global clients).
2. Fees & Spreads
Fusion Markets shines in the pricing department. It heavily markets itself as the low-cost alternative for active traders, and our tests confirm this. Their ZERO Account offers raw spreads starting from 0.0 pips, coupled with an industry-leading commission rate of just $4.50 per standard lot (round turn).
| Asset / Pair | Average Spread (Pips) | Commission (RT) |
|---|---|---|
EUR/USD | 0.1 | $4.50 |
GBP/USD | 0.2 | $4.50 |
| XAU/USD (Gold) | 1.2 | $4.50 |
*Spreads are variable and recorded during peak market hours. Non-trading fees, such as inactivity fees, are non-existent.
3. Trading Platforms
Fusion Markets does not offer a proprietary platform. Instead, they rely on the industry standards: MetaTrader 4 (MT4) and MetaTrader 5 (MT5). While advanced traders will appreciate the execution speed and customizability of the MT suite, beginners might find the interface slightly dated compared to modern proprietary webtraders.
- MetaTrader 4 (Desktop, Web, Mobile)
- MetaTrader 5 (Desktop, Web, Mobile)
- cTrader (Available for select regions)
- DupliTrade & Myfxbook (For social/copy trading)