The online brokerage firm Fusion Markets requires a capital deposit from the trader owning the brokerage account to activate the CFD and Retail foreign exchange (Forex) trading platform.
There’s no minimum amount required with Fusion Markets, and the deposit methods accepted include wire transfer, debit card, credit card, eWallets, cryptocurrencies and local payment methods.
Fusion Markets generally does not charge commissions on deposits, but conversion fees may apply if depositing in a currency different from the account base currency. To learn more about all the features of this broker, read our Fusion Markets review.
What is the Fusion Markets minimum deposit?
The Fusion Markets minimum deposit is $0 across each account type. You will have several deposit methods available so that you can deposit easily. As an international broker, Fusion Markets provides several base currencies for your trading account.
The Fusion Markets minimum deposit features are listed in the table below.
| FUSION MARKETS DEPOSIT FEATURES | CHARACTERISTICS |
|---|---|
| Fusion Markets classic account | $0 minimum deposit |
| Fusion Markets zero account | $0 minimum deposit |
| Deposit fees | No |
| Withdrawal Fees | No standard withdrawal fee; $10 inactivity fee after 12 months |
| Base Currencies | USD, EUR, GBP, AUD, CAD, JPY, SGD, THB, HUF, CZK, DKK, NOK, PLN, SEK |
Your capital is at risk
Now that you know the minimum deposit amount, do you know what account suits you best? Find out all the Fusion Markets account types available with our guide.
What are the Fusion Markets account base currencies?
The Fusion Markets account base currencies include USD, EUR, GBP, AUD, CAD, JPY, SGD, THB, HUF, CZK, DKK, NOK, PLN, SEK.
The list may vary depending on the account type and the Fusion Markets Group entity you are trading with.
Using another currency may incur a conversion fee.
What are the Fusion Markets funding and deposit methods?
The Fusion Markets deposit methods features and fees are listed below.
- Wire Transfer: It usually takes around 2 to 3 business days, on average, to confirm transactions made through a bank wire. Sometimes, wire transfers may take up to 5 business days for confirmation depending on the sending bank and region.
- Credit/Debit Cards: MasterCard and Visa. Funding via card is generally confirmed as soon as possible.
- eWallets: PayPal, Skrill, Neteller, and other eWallet solutions may be available depending on your region.
- Cryptocurrencies: Cryptocurrency deposits may be available, including options such as Bitcoin, Ethereum, and USDT depending on your region and account setup.
- Other Methods: Local payment methods and local bank transfer solutions may be available for traders from Thailand, the Philippines, Malaysia, Singapore, Vietnam, and Indonesia.
Fusion Markets doesn’t charge a deposit fee in most cases.
Thus, rest assured that you have access to your investment or trading capital because Fusion Markets typically won’t make any deductions from your deposit as either explicitly stated or hidden deposit charges.
However, if you fund your account via a third party, that is a bit different. The third party or bank through which you make the deposit may charge a transaction fee.
If you are an Australia-based trader and fund your account through a bank wire from a bank operating within the country, Fusion Markets generally does not charge a deposit fee. However, if you are making an international transfer to an Australian trust account, your bank or intermediary banks may charge transaction fees before forwarding the funds to Fusion Markets.
What are the Fusion Markets withdrawal methods?
The Fusion Markets withdrawal methods available are listed below.
- Local Bank Transfer: Local bank transfer solutions may be available depending on your country of residence.
- Bank Wire: Bank wire withdrawals are supported, though processing times can vary depending on the receiving bank.
- eWallets: PayPal, Skrill, and Neteller may be available as withdrawal methods.
- Cryptocurrencies: Cryptocurrency withdrawals may be available, including options such as Bitcoin, Ethereum, and USDT depending on your region and account setup.
Fusion Markets generally does not charge a standard withdrawal fee, although a $10 inactivity fee may apply after 12 months of account inactivity.
What are the steps to fund your Fusion Markets account?
The steps to fund your Fusion Markets account are listed below:
- Log into your Fusion Markets account. First of all, you should open a Fusion Markets demo account before thinking of depositing real money. If you’re already an experienced trader, you can proceed with the next steps: Visit their website and log in.
- Open a new Fusion Markets account. Click “New” at the top right-hand corner of the page. After clicking it, the two account types – Live and Demo – will appear. Choose any of the two options. If you choose the Demo account type, you are required to customize your account by choosing the account type, base currency, leverage, and trading platform. In addition to that, you must enter your details such as first name, last name, and phone number. Click “Create Account” when you are done.
- Provide the documents to Fusion Markets. If you choose the Live Account option, you will be asked 2 things.
- A proof of identity (ID or Passport)
- A proof of address (bill, bank statement)
Once your identity is verified by the accounts team, your account will be approved in a few business days.
- Fund your Fusion Markets account. After your account has been approved, fund it to start trading. Click “Fusion Hub” and go to Payments Tab. Then, click “Deposit Tab” and then click “Proceed.” Once you click “Proceed,’ you will have access to the available funding options. Choose any of the supported payment solutions and make the initial deposit to initialize the trading process.
- Wait for the deposit to be processed. This last step usually takes up to a couple of days. However, the first deposit is always slower than the following ones.
How does the Fusion Markets minimum deposit compare with other major brokers?
The comparison between Fusion Markets’ minimum deposit and those of other brokers can be found in the table below.
| FEATURES | FUSION MARKETS | PEPPERSTONE | IC MARKETS |
|---|---|---|---|
| Minimum deposit | $0 | $0 ($200 recommended) | $0 |
| Wire transfer | Yes | Yes | Yes |
| Credit card | Yes | Yes | Yes |
| PayPal | Yes | Yes | Yes |
| Number of deposit methods | 12 | 9 | 9 |
| Base Currencies | USD, EUR, GBP, AUD, CAD, JPY, SGD, THB, HUF, CZK, DKK, NOK, PLN, SEK | USD, EUR, NZD, AUD, GBP, CHF, HKD, JPY, CAD, SGD | AUD, SGD, CHF, USD, GBP, JPY, CAD, EUR, NZD, HKD |
Warning
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.
Fusion Markets doesn’t offer deposit bonuses at the moment.
