Fusion Markets Fees and Commissions Revealed

Pros

Cons

  • Low commissions
  • Low trading fees
  • No deposit fees
  • None

Introduction

With the Fusion Markets broker you can invest online in a multitude of different financial instruments such as forex, CFDs, ETFs, and commodities.

This company, which has more than 11 years of experience in the sector, stands out for offering a professional and transparent service. The Fusion Markets group has a presence in a lot of countries and has various regulations, for example it is regulated by ASIC, the Australian Securities and Investment Commission.

But, what is the cost of their services? Like other online brokers, Fusion Markets applies a series of fees, which represent their fees. If you want to know what are the most significant commissions for trading in Forex, and CFDs with this online broker, whether you are a client belong to the Latin American area, we invite you to read this article:

Fusion Markets fees may vary from account type to another. Please read the following sections for more information.

Commissions

Fusion Markets provides low commissions on trading for the zero account. The commissions are as low as USD 2.25 per 1 standard lot or equivalent ($4.50 per round turn). The following table shows commissions by account currency.

Commissions by Base Currency

Currency

Commissions

(round turn)

AUD

$4.50

USD

$4.50

EUR

€4.05

GBP

£3.55

CHF

CHF4.45

SGD

$6.20

NZD

NZD$6.90

HKD

HK$35.30

CAD

$6.00

JPY

¥495.00

Trading Fees

Forex

The average spread for EUR/USD is 0.09 pips per lot.

Indices

For the US500 of S&P 500, the average spread is 0.39 pips per lot.

Metals

For gold and silver, the average spreads are 0.14 and 0.007 pips per lot respectively.

Commodities

  • For the UK oil, the average spread is 0.15 pips per lot.
  • For the Gas, the average spread is 0.08 pips per lot.

Disclaimer: CFDs have a high risk of losing money rapidly. 79% of retail investor accounts lose money due to leverage when trading CFDs with this provider. CFDs are not complying with the islamic religion. And if you want to trade in CFDs you should consider a swap-free account to follow islamic rules. Learn more about CFDs for muslims.

Non-Trading Fees

  • Account fee: $0
  • Inactivity fee: $0
  • Deposit fees

Fusion Markets does not charge fees on funding your account if you fund with Visa or Mastercard. Also wire transfers from Australia to Australian accounts incur no fees.

On the other hand, if you deposit your money from an international bank, there will be a fee of $20-$30.

  • Withdrawal fees:

Fusion Markets does not charge any withdrawal fees on bank transfer and other withdrawal methods as well. On the other hand, your bank may use an intermediary bank where fees are between $15-$25.

Fusion Markets also apologies a minimum withdrawal amount of $30 for wire transfers which is free of charge for Australian clients.

FAQs

  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. Does Fusion Markets accept payments from third parties?
  • No, the payments should be under the account name in order to be accepted.


Leave a Reply