- يونيو 28, 2021
- Posted by: ForexTradeOn
- Category: Fusion Markets
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.
Fusion Markets works on two main platforms which are the MT4 and MT5 trading platforms. In this section, we will discuss each aspect of them in detail.
MT4 Platform
Pros |
Cons |
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Languages
MetaTrader 4 is available in a number of languages like:
MT4 Languages
Arabic |
Bulgarian |
Chinese |
Croatian |
Czech |
Danish |
Dutch |
English |
Estonian |
Finnish |
French |
German |
Greek |
Hebrew |
Hindi |
Hungarian |
Indonesian |
Italian |
Japanese |
Korean |
Latvian |
Lithuanian |
Malay |
Mongolian |
Persian |
Polish |
Portuguese |
Romanian |
Russian |
Serbian |
Slovak |
Slovenian |
Spanish |
Swedish |
Tajik |
Thai |
Traditional Chinese |
Turkish |
Ukrainian |
Uzbek |
Vietnamese |
User interface (UI)
MT4 has a very customizable UI that you can adjust according to your needs and preferences. On the other hand, it seems hard to find some of the features inside.
MT4 – Mobile Version – UI
Login and Security
Unfortunately, the MT4 does not provide a two-step verification method for logging in, and it does only support a one-step login.
Searching
Searching using the MT4 platform has two different options:
- You can search by categories and find assets.
- You can also type the name of the asset and search for it manually.
MT4 – Mobile Platform – Search
Placing orders
MT4 has a simple order types which are:
- Market
- Limit
- Stop
- Trailing stop
In addition to those 4 types, there are other orders which are the time limit ‘Good ‘til time’ (GTT) and ‘Good ’til canceled’ (GTC).
There’s also an order confirmation feature in MT4.
Notifications and alerts
Unfortunately, the MT4 web trading platform does not have an option to set price alerts and notifications unlike the desktop and mobile versions.
MT4 – Mobile Version – Notifications Settings
Portfolio and reports
Under the ‘History’ tab, you can find your portfolio reports with a clear fee description.
MT4 – Mobile Version – Portfolio
MT5 Platform
Pros |
Cons |
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MT5 is a free application for traders allowing them to perform technical analysis and trading operations in the Forex and exchange markets.
Languages
MT4 does support over 20 languages including English, French, Spanish, Italian, Japanese, and Chinese.
User interface (UI)
MT5 was launched in June, 2010. It has about 1 million users worldwide. It also has a good interface which is similar to MT4 with the main functionalities available. MT5 is more suitable for advanced traders.
MT5 desktop version
MT5 – Mobile Version
Security
MT4 encrypts your trading data with all of your information from cyber attacks as well as not revealing your IP address while trading using the platform.
From a login perspective, MT4 has a two-step verification method as well to protect your account from hacks.
Research
MT5 offers financial and forex news from international agencies and provides a daily broadcast of dozens of newsletters from global events. MT5 also provides you with powerful and clear searching tools.
MT5 search
Placing orders
MT5 has the same order types as the MT4 platform which are:
- Market
- Limit
- Stop
- Trailing stop
In addition to these 5 order types, the MetaTrader 5 platform has two more order options which are:
- Buy stop limit
- Sell stop limit
Like the MT4, MT5 has ‘stop loss’ and ‘take profit’ options while trading as well.
Notifications and alerts
MT5 has instant notifications and alerts in its system to never miss an opportunity in the market.
Reports
The MT5 platform carries news reports from international news agencies and also sports an economic calendar.
3. FAQs
- How long does it take to verify my account?
- It takes about 1 business day to verify your Fusion Markets account.
- Can I open more than one trading account?
- Yes, Fusion Markets allows you to open more than one trading account.
- Does Fusion Markets allow bot trading?
- Yes, it does.
- Does Fusion Markets give a bonus?
- No, it doesn’t.
- Does Fusion Markets allow hedging?
- Yes, Fusion markets allow hedging.
- Does Fusion Markets offer a swap-free account?
- Unfortunately, Fusion Markets does not provide swap-free or an islamic account options.
- 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’
- When will my demo account expire?
- After 30 days.
- 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.
- 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.
- Does Fusion Markets accept payments from third parties?
- No, the payments should be under the account name in order to be accepted.