When you decide to invest in any brokerage firm, the most important thing is to research the firm that is regulated by the top-tier regulatory authority. This guide will explore Fusion Markets’ regulatory bodies, security features, and credibility as a trading platform, addressing issues about its legitimacy and security.
Fusion market review
Fusion Markets was established in November 2017 and launched trading for customers in June 2019. The CFD and forex broker are owned by experienced professionals in Australia’s forex industry. Mr. Phil is the founder and CEO of Fusion Market with the mission of providing the industry’s lowest trading cost.
It offers low-cost trading, no minimum deposit option, zero-fee financing options, reliable customer support, and advanced technology. With a seamless onboarding process, new customers can set up and approve accounts in five minutes, making it an attractive option for both new and experienced traders.
Is fusion markets regulated?
Is fusion market legit? Yes, Fusion Market is a legitimate brokerage platform. For the cause, it is regulated by top-tier regulators.
Regulated country | Regulated by | License number |
---|---|---|
Australia | Australian Securities and Investments Commission – ASIC | 385620 |
Vanuatu | Vanuatu Financial Services Commission – VFSC | 40256 |
Seychelles | Financial Services Authority of Seychelles – FSA | SD096 |
Fusion Markets is licensed to adhere to specific compliance standards, including segregation of client funds and transparent trade operating procedures.
However, jurisdictions such as Vanuatu and the Seychelles have less stringent regulations, so prospective clients should assess their region’s regulatory system.
Is fusion markets safe?
Fusion Market is a safe and secure brokerage platform. Here some safety measures are briefly explained.
Segregated account
- Fusion markets maintain separate bank accounts for client funds from the company’s operational fund.
- These accounts are held with regulated banks with a strong level of security. These funds are identified.
- This system protects the financial interests of the customers and ensures that their funds are protected in the event of bankruptcy.
2FA (Two-steps authentication)
- Fusion Markets offers a two-factor authentication (2FA) feature for enhanced account security.
- It prevents unauthorized access even if passwords are compromised.
- To enable 2FA, log in to the profile section of the client hub, select 2FA, and verify your identity using a secondary method such as an authentication app or email.
- This security feature is highly recommended to protect sensitive information and trading activities.
Third-party disclaimer
- Fusion Markets ensures the safety and integrity of client funds by only accepting deposits or withdrawals from accounts registered in the account holder’s name.
- This policy minimizes fraud, money laundering, and unauthorized transactions.
- It complies with international financial regulations and anti-money laundering laws.
- This added layer of security for customers ensures that their funds are managed safely and responsibly.
Account delete process
- Fusion Markets offers clients a simple process to close accounts and delete personal data.
- They process these requests through their support team at help@fusionmarkets.com.
- However, due to anti-money laundering laws and financial regulations, customer data must be retained for a limited period to ensure compliance with legal obligations and to protect against misuse.
Data protection
- Fusion markets offer strong investor protection for Australian retail investors, including fund segregation and strict compliance measures.
- However, international customers may not have access to compensation plans or additional protections due to differing regulatory structures in other regions.
- Therefore, non-Australian investors should assess the level of regulation of the broker and their personal risk tolerance before trading, as the level of protection varies in different jurisdictions.
Fusion market financial products review
- Fusion Markets offers more than 250 financial products for real trades.
- It offers a variety of investment options and strategies, including CFDs on major currency pairs, US stocks, indices, and cryptocurrencies.
- Fusion Markets offers a wide range of trading interests from traditional markets to emerging asset classes.
Fusion market trading platform review
The fusion market offers a variety of trading platforms for the customers. These are,
- MT4 – Available on desktop, web, and mobile.
- MT5 – Available on Windows, Mac, iOS, and Android.
- CTrader – Available on Windows, Mac, iOS, Android, and any browser.
Fusion market account types review
- Fusion Markets offers a variety of account types to meet the needs of traders.
- It including zero, classic, demo account, and swap-free accounts.
- A free demo account is useful for beginners and testing strategies for using the real-time market but is only valid for 30 days.
- Swap-free accounts comply with interest-free policies and offer access to more than 50 premium financial instruments such as FX trading pairs and indices at competitive rates.
Fusion market deposit and withdrawal methods
- Fusion Markets offers traders a $0 minimum deposit, making it accessible to novice or small investors.
- The platform supports a variety of international deposit and withdrawal methods, including regulated bank cards, cryptocurrencies, and e-wallets.
- This wide range ensures seamless transactions across different regions, making fusion markets accessible and user-friendly to a global audience.
Fusion market forbidden country
Fusion Markets is open to most clients, but some regions are currently blocked from opening accounts due to regulatory restrictions, including:
Afghanistan | Congo | Iran | Iraq | Japan |
Myanmar | New Zealand | North Korea | Ontario | Palestine |
Russia | Russia | Sudan | Syria | Ukraine |
Yemen | Spain | US states | US territories | – |
Customer service
Fusion Markets has a dedicated customer success team 24/7 to assist traders with account management, technical issues, and trading queries. Clients can contact the team via email, live chat, or phone.
- Email: help@fusionmarkets.com
- Phone: +61 3 8376 2706.
- Location: Govant Building, BP 1276 Port Vila, Vanuatu.
Conclusion
Fusion Market is a legitimate broker regulated by ASIC, VFSC, and FSA, known for its low trading costs, user-friendly platform, and positive customer reviews. It offers zero, classic, and swap-free accounts. It also provides a demo trading account for trading experience.
However, it has faced warnings in some jurisdictions for operating without proper authorization. Clients should be cautious, especially in areas where there is no regulatory protection, to conduct thorough research to assess their compliance and individual trading needs before making a decision.
Pro Tip
Fusion Markets offers competitive trading conditions and regulatory compliance. Our trusted forex broker offers a diverse range of trading instruments including stocks, crypto, banking, and forex and save your time with our broker finder tool. Give your thoughts in comment section.