What is FusionMarkets?
FusionMarkets is a forex broker registered in Australia and Vanuatu.
Founded in November 2017 by Phil Horner.
FusionMarkets started providing FX and CFD trading services in June 2019.
Official Website (fusionmarkets.com)
Company Overview of FusionMarkets
Below is the company overview of FusionMarkets.
Forex Broker | FusionMarkets |
---|---|
Operating Company | Gleneagle Asset Management Limited |
Year Established | 2017 |
Country of Incorporation | Australia |
CEO & Founder | Phil Horner |
Headquarters Address | Level 10, 627 Chapel St, South Yarra, Melbourne, Australia |
Financial Licenses | ASIC, VFSC |
Contact | help.jp@fusionmarkets.com/+61 3 8376 2706 |
The headquarters of FusionMarkets is located in Melbourne, Australia.
President of FusionMarkets
The president of the forex broker FusionMarkets is Phil Horner.
Founder and CEO Phil Horner has experience as a Sales Manager at Axi and General Manager at Pepperstone.
Phil Horner actively participates in media interviews.
Official Website (fusionmarkets.com)
Margin Management at FusionMarkets
The traders’ margins at the forex broker FusionMarkets are segregated.
The main banks for FusionMarkets are HSBC and National Australia Bank (NAB).
Official Website (fusionmarkets.com)
Financial Licenses & Regulations of FusionMarkets
Below are the financial licenses and regulations for FusionMarkets.
For detailed information on the registration of financial licenses and regulations, please see below.
Registration details of FusionMarkets with Australia’s ASIC
Below are the registration details of FusionMarkets with the ASIC (Australian Securities and Investments Commission) of Australia.
Financial License | Australian Securities and Investments Commission |
---|---|
Corporate Name | Gleneagle Asset Management Limited (GAML) |
Business Registration | ABN 29 103 162 278 |
License Number | AFSL No.226199 |
In Australia, there are also group companies such as Fusion Markets Pty Ltd (ASIC AR No1275590), which acts as the statutory representative of Gleneagle Asset Management Limited.
Registration details of FusionMarkets with Vanuatu’s VFSC
Below are the registration details of FusionMarkets with the VFSC (Vanuatu Financial Services Commission) of Vanuatu.
Financial License | Vanuatu Financial Services Commission |
---|---|
Corporate Name | Gleneagle Securities Pty Limited |
Company Number | 40256 |
Registered Address | Govant Building, BP 1276 Port Vila, Vanuatu |
The name of the forex broker based in Vanuatu is Fusion Markets EN.
Registration details of FusionMarkets with Seychelles FSA
Below are the registration details of FusionMarkets with the FSA (Financial Services Authority) of Seychelles.
Financial License | Financial Services Authority Seychelles |
---|---|
Corporate Name | Fusion Markets International Ltd |
License Number | SD096 |
Financial licenses and regulations may vary depending on the trader’s country or region of residence, affecting the trading environment and conditions.
Account Opening Campaign of FusionMarkets
The forex broker FusionMarkets has conducted account opening campaigns such as a referral program.
For the latest account opening campaigns, please check the FX campaign page.
Tradable Instruments of FusionMarkets
- Currency Pairs
- Precious Metals
- Energy
- Commodities
- Stock Indices
- Securities (Foreign Stocks/Individual Stocks)
- Cryptocurrencies (Digital Assets/Cryptocurrencies)
CFD trading on US stocks is also possible.
FusionMarkets Cryptocurrency FX
Below are the cryptocurrencies that can be traded on a FusionMarkets FX account.
The maximum leverage for cryptocurrencies is 10 times.
Official Website (fusionmarkets.com)
Maximum Leverage at FusionMarkets
Below are the categories of symbols that can be traded on a FusionMarkets FX account and their maximum leverage.
Category | Maximum Leverage |
---|---|
Currency Pairs | 500 times |
Precious Metals | 500 times |
Stock Indices | 100 times |
Cryptocurrencies | 10 times |
Maximum leverage may vary depending on financial licenses and regulations.
Leverage Limit Rules at FusionMarkets
At FusionMarkets FX account, leverage restrictions are triggered depending on the amount of effective margin in the trading account.
Below are the rules for leverage restrictions based on effective margin.
Effective Margin | Maximum Leverage |
---|---|
Under $50,000 | Up to 500 times |
Under $100,000 | Up to 200 times |
Under $250,000 | Up to 100 times |
Under $500,000 | Up to 50 times |
Over $500,000 | Less than 50 times |
Check the Latest Restrictions Here
Trading Tools at FusionMarkets
Below are the trading tools (trading platforms/trading software) available for a FusionMarkets FX account.
- MT4 (MetaTrader4)
- MT5 (MetaTrader5)
- cTrader
Not compatible with TradingView.
AI Tools at FusionMarkets
At FusionMarkets, you can use an AI tool called Market Buzz.
It is a chart analysis tool that shows how much “buzz” a financial product is generating, known as a Buzz Meter.
The more buzz, the more “newsworthiness” it has.
Official Website (fusionmarkets.com)
Account Types at FusionMarkets
Below are the account types you can choose from at FusionMarkets.
- Zero Account
- Classic Account
Free demo accounts are also available.
Sign Up for a Demo Account Here
Differences Between Account Types at FusionMarkets
Below are the differences between account types you can choose from at FusionMarkets.
Account Type | Classic Account | Zero Account |
---|---|---|
Minimum Spread | 0.8 pips | 0.0 pips |
Trading Fees | Free | $5 per round lot |
FusionMarkets’ trading costs are on average 36% cheaper than other FX brokers (according to FusionMarkets).
Sign Up for an Account (Free) Here
Trading Restrictions and Prohibited Practices at FusionMarkets
There are no special trading restrictions or prohibited practices at FusionMarkets.
There are no restrictions on scalping, hedging, or using EAs (Expert Advisors) for automated trading.
Arbitrage and hedging across multiple accounts are prohibited.
Margin Calls and Stop-Outs, NBP Compliance at FusionMarkets
The margin call level at FusionMarkets is a 90% maintenance margin rate.
And the stop-out level at FusionMarkets is a 20% maintenance margin rate.
Additionally, traders under some financial licenses and regulations such as ASIC are NBP compliant (no additional margin required).
Official Website (fusionmarkets.com)
Automated Trading at FusionMarkets
At FusionMarkets, you can also engage in automated trading.
- Copy Trading ‘Fusion+’
- DupliTrade
- Myfxbook AutoTrade
- MAM Accounts
- PAMM Accounts
VPS hosting services are also available for convenient use of EAs (Expert Advisors).
Deposit and Withdrawal Methods at FusionMarkets
Below are the payment methods available for deposits and withdrawals to a FusionMarkets FX account.
- Credit Card
- Debit Card
- PayPal
- Skrill
- Neteller
Generally, there are no fees for deposits or withdrawals.
(Forex Broker)
Comment by Diletta
March 26, 2024
Awesome bonuses, good leverage. A few hiccups, but support rocks!