Fusion Markets Account Opening | How to Open Fusion Markets Account

Pros

Cons

  • Fast opening process
  • Fully digital
  • $0 minimum deposit
  • Two-factor authentication
  • Not available in the USA
  • No islamic account option

Introduction

Fusion Markets is an Australian forex and CFD broker that was founded in 2010. Fusion Markets offers a variety of trading instruments like forex, CFD, metals, and commodities with lower cost than other brokers. It’s also regulated by ASIC and VFSC.

Countries Available

Fusion Markets accepts clients from all over the world except some countries like Japan, New Zealand, North Korea and the United States.

Account Types

Fusion Markets offers two types of accounts which are:

  • Classic account
  • Zero account

Both of the previous accounts have their own features and specifications. The following table shows differences between them.

Fusion Markets – Account comparison

 

Classic

Zero

Spread

From 0.8 pips

From 0 pips

Commissions

No commissions

AUD $4.50

Min deposit

(base currency)

$0

$0

Swap-free

No

No

Fusion Markets also provides a demo account with 0 fees if you want to experience the trading platform with no risk.

On the other hand, Fusion Markets does not provide a swap-free account option for clients who are following islamic rules.

There’s an option to join the Fusion Markets affiliate partner program if you want as well.

Min Deposit

Fusion Markets offers no minimum deposit when you create your account which is great.

How to Open Account

The process of opening an account is pretty simple. We will guide you through little steps to register and start using Fusion Markets.

  1. Enter your password and email.
  2. Enter your name, phone number, and country of residence.
  3. Choose your account settings like the account currency and some security questions.
  4. Verify your identity by providing a proof of your identity and the country of residence.
  5. Fund your account and start trading.

Fusion Markets Account Opening | How to Open Fusion Markets Account

Fusion Markets – Account opening

Notes:

  • Due also to the requirements of the regulatory bodies that supervise Fusion Markets, it is necessary that in order to operate with your account you send them a proof that proves your identity and another proof that proves your current address :
  • Identity document : You must send a copy of your ID, your passport or driving license . It has to be an official document that clearly shows your identity and that it is valid (the document you send cannot be expired). You can scan any of these documents and send it in PDF, JPG, GIF, or take a photo with your mobile if it is more comfortable for you. In any case, the image must have good quality and be completely readable, otherwise it may give you problems to verify it.
  • Proof of address : This is to send a document that shows your current address . You will have to send a recent utility bill (not exceeding 3 months) for electricity, water, gas, landline or Internet (many brokers do not accept, for example, mobile phone bills). You can scan and send it in PDF, JPG, GIF, or take a photo with your mobile. Like the previous document, all the data must be legible and have sufficient quality.

FAQs

  1. How long does it take to verify my account?
  • It takes about 1 business day to verify your Fusion Markets account.
  1. Can I open more than one trading account?
  • Yes, Fusion Markets allows you to open more than one trading account.
  1. Does Fusion Markets allow bot trading?
  • Yes, it does.
  1. Does Fusion Markets give a bonus?
  • No, it doesn’t.
  1. Does Fusion Markets allow hedging?
  • Yes, Fusion markets allow hedging.
  1. Does Fusion Markets offer a swap-free account?
  • Unfortunately, Fusion Markets does not provide swap-free or an islamic account options.
  1. How do I login using the MT4 mobile platform?
  • Steps:

1. Go to ‘Settings’

2. Click on ‘Manage Accounts’ or ‘Settings’

3. Then click on the small plus sign or select ‘New Account’

4. Then select ‘Log in to an existing account’

5. Search for the broker name

6. Select the server your account was set up on

7. Enter your login credentials and password

8. Click on ‘Sign In’

  1. When will my demo account expire?
  • After 30 days.
  1. Can I login to more than one account from the same computer?
  • Yes, you can do such a thing by using the MT4 Multi Terminal.
  1. Can I login to the same account through different devices?
  • Yes, you can login to the MetaTrader 4 platform using the same password and username through different devices.


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