Fusion Markets is an Australian licensed & regulated Forex broker, that opened in 2019. Founded by Phil Horner, who previously worked as CEO of Pepperstone APAC and before that as a Sales Manager at AxiTrader.
Located at: Level 10, 627 Chapel Street, South Yarra VIC 3141 Australia. Contact phone number is: +61383762706, and customer support email address is: [email protected].
Official website is: https://FusionMarkets.com/.
Fusion Markets Review
Our review of Fusion Markets find that investors can trade on the industry standard MT4 trading platform. They offer the full suite of MetaQuotes trading software including; Metatrader 4 Desktop, WebTrader, Mobile Apps, Multi Account Manager (MAM/PAMM) and Virtual Private Server (VPS).
In 2020, they started offering the new MT5 trading platform. One of the reason Fusion is a popular broker, is due to their fair and competitive trading conditions.
The range of underlying assets available for trading CFD’s are: Forex, Crypto, Energy, Precious Metals, US Shares, Market Indices and Commodities.
Two types of trading accounts are offered. The ZERO account or the Classic account. On the ZERO account, your spreads are lower, but you will be paying a commission of $4.50. This is made for more active traders. On the classic account, there are no commissions, but you will have wider spreads, see here.
Is Fusion Markets a Legitimate Broker?
Yes, Fusion Markets is licensed and regulated broker.
- Australia: Fusion Markets is a trading name of FMGP Trading Group Pty Ltd (FMGP) which holds an Australian Financial Services Licence (AFSL), 385620. They are located at: Level 27, 25 Bligh Street, Sydney NSW 2000, Australia (ABN 29 103 162 278).
- Vanuatu: Gleneagle Securities Pty Limited is their Vanuatu company (Number 40256), which is regulated by the VFSC. They are located at: Govant Building, BP 1276 Port Vila Vanuatu.
When looking into a new online broker to see if they are legitimate or a scam, the first thing you must do, is verify their license. All Forex / Crypto brokers must be licensed and regulated by your local financial regulator. By using a licensed broker, you can be assured that they are regulated and operate in a fair manner.
It is very important for all investors to verify that the brokerage firm they are using, actually has a valid license. If you are having problems making a withdrawal from your broker, read this.
Compare Popular Brokers
There are many Forex brokers to compare and choose from online.
ForTrade is another popular CFD broker, that is regulated in Australia by ASIC, and by the FCA in United Kingdom, see here. They offer you a user friendly web-based trading app and Free Demo Accounts. Learn more at: ForTrade.com.
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