Fusion Markets is an Australian licensed MT4 Forex broker, that opened in 2019.
Located at: Level 7 222 Exhibition Street Melbourne VIC 3000 Australia, their phone number is: +61383762706. Contact email address is: [email protected], and their 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).
The range of underlying assets available for trading CFD’s are: Forex, Energy, Precious Metals and Crypto Currency, with Commodities coming soon.
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.
Fusion Markets was founded by Phil Horner, who previously worked as CEO of Pepperstone APAC and before that as a Sales Manager at AxiTrader.
Is Fusion Markets a Legitimate Broker?
Yes, Fusion Markets is regulated by ASIC Australia with AFSL number 226199. Fusion is owned by Gleneagle Asset Management Pty Limited, located at Level 27, 25 Bligh Street, Sydney NSW 2000, Australia (ABN 29 103 162 278). They received their licensed on April 24th 2019.
When you check a new online broker to see if they are legitimate or a scam, the first thing to 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.
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