Fusion Markets Minimum Deposit Guide

logomark Anthony Gallagher calendar Last Updated: November 2021 timer 6 min read
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Fusion Markets is an Australian Forex broker that provides world-class technology and low-cost trading to Forex traders for the Australian financial markets. In addition to Forex, traders on the online platform can trade an array of investment options such as CFD, Forex, Commodities, and what have you.

Since its establishment in November 2017, the broker has spared no effort in ensuring that traders across Australia have the best investment platform. Fusion Markets eases the trading process for all types of traders, from the impressive list of supported currencies to many withdrawal and deposit options.

If you’re interested in knowing more about Fusion Markets before depositing any money into your trading account, check our Fusion Markets Review.

Table of contents

Fusion Markets Minimum Deposit

Fusion Markets offer new players a Demo account that doesn’t attract a minimum deposit requirement. Hence, you can credit your account with whatever you can afford and start trading. After the expiration of your trial period, you can open a Live account too. However, the minimum deposit for a Fusion Markets live account is $10.

Traders can trade with either of the two accounts on Fusion Markets. These are the Classic and Zero account for spreads from 0.8 pips and 0 pips, respectively.

Fusion Markets minimum deposit Features
Minimum deposit 10 USD
Deposit Fees No
Withdrawal Fees 10 USD
Base Currencies USD, EUR

Now that you know the minimum deposit amount, did you know that the Fusion Markets spreads are so low that the average one on the EUR/USD pair is just 0,09 pips? Visit the Fusion Markets website and have a look yourself! (Your capital is at risk)

Fusion Markets Deposit Bonus

At the moment, Fusion Markets doesn’t offer a deposit bonus or any other related incentive. However, the traders on the platform can enjoy some of its features that more than make up for the absence of a deposit incentive.

How to Deposit Funds into Your Fusion Markets Accounts: A Step-by-Step Guide

Without crediting your trading account, you can’t trade on our account. Traders can follow the step-by-step guide below to credit their account and thus have access to our trading platform.

1. 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.

2. Open a new 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.

3. Provide the documents to the broker

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.

4. 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.

5. 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.

fusion markets products webpage

Fusion Markets Funding Method + Withdrawals

In recognition of the importance of accounts funding or withdrawals, we support an array of payment solutions such as bank wire, MasterCard, Visa, Neteller, Jeton Wallet, Skrill, Perfect Money, and Fasapay. Our goal is to ensure that traders on our platform won’t be restricted by withdrawal or deposit issues if they have just one or two payment solutions to choose from.

Our traders from Thailand, the Philippines, Malaysia, Singapore, Vietnam, and Indonesia can perform their transactions via their local bank transfer methods to ease the entire process and make transactions less stressful.

Funding via MasterCard or Visa will be confirmed as soon as possible. However, it usually takes around 2 to 3 business days, on average, to confirm transactions made through a bank wire to Australia from any part of the globe. Sometimes, transactions via bank wire may take about 5 business days for confirmation. The duration depends on your location.

Fusion Markets Deposit Fees

While many trading platforms charge deposit fee from their traders, Fusion Markets doesn’t charge a deposit fee. Thus, rest assured that you have access to your investment or trading capital because we 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, we won’t charge you a deposit fee. However, if you are making an international transfer to an Australian trust account, they will charge you a deposit fee between $20 and $30. Some banks use intermediary banks that charge transaction fee before forwarding the funds to Fusion Market.

Fusion Market Withdrawals

While traders have access to a wide range of deposit options, we equally ensure that they are not deprived of good withdrawal options. Hence, you can withdraw your earnings through Bank Wire. The minimum withdrawal amount through this option is $30. Australian traders are charged zero withdrawal fees.

Other withdrawal options are Credit or Debit Card that attracts zero fees if the withdrawal is through the matched refund process. Similarly, withdrawals made via Neteller and Skrill are free too.

Note that we place no restrictions on withdrawals. Hence, traders can withdraw at their convenience – whenever they wish. Withdrawals are processed during 1 to 5 business days for debit or credit card. The duration is dependent on the card provider. For withdrawals made via bank wires, the trader must wait for between 2 and 5 days before their withdrawals will be confirmed.

Fusion Markets Accepted Deposit Currencies

Fusion Markets supports a wide range of major currencies such as the British Pound, the United States dollars, and the Euro. Other supported currencies are Australian Dollar (AUD), Singapore Dollar (SGD), and Japanese Yen (JPY). We don’t support some less commonly known or minor currencies.

However, if you must fund your account with a minor currency, we will convert your deposits to any of the major currencies. Such conversions attract a currency conversion fee.

Fusion Markets vs. Other Brokers

At Fusion Markets, we stand head-to-head with our competitors and offer traders the best trading platform for Australian and international traders. We summarize some of the differences between us and other brokers in the table below:

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

Feature Fusion Markets Pepperstone IC Markets
Min. deposit No minimum deposit $0 ($200 recommended) No minimum deposit
Wire Transfer Yes Yes Yes
Credit Card Yes Yes Yes
PayPal No Yes Yes
Number of dep. methods 9 9 9
Account currencies EUR, AUD, SGD, GBP, USD, JPY USD, EUR, NZD, AUD, GBP, CHF, HKD, JPY, CAD, SGD AUD, SGD, CHF, USD, GBP, JPY, CAD, EUR, NZD, HKD

Fusion Markets Pros and Cons

Pros

  • No minimum deposit restriction to start.
  • A good range of instruments are accepted.
  • Several deposit/withdrawal methods to choose from. Traders can make a deposit with their credit/debit card as well.

Cons

  • Traders from outside Australia requires paying higher charges.

Closing Remarks

Fusion Markets has carved a niche for itself as a leading name in the trading and investment industry. With the no minimum deposit amount, individual traders who are working on a budget won’t be bothered about raising a specific huge trading capital to trade on our platform.

Unless you are a foreign trader, you can equally use our platform without paying a withdrawal/deposit fee. That is reassuring because this enables you to focus on your business without losing a portion of your investment capital as commissions or charges.


About the Author

Anthony Gallagher

Broker Expert

Anthony is a financial journalist and business advisor with several years’ experience writing for some of the most well-known sites in the Forex world.

A trader turned industry writer, he is currently based in Shanghai with a finger on the pulse of Asia’s biggest markets.

He is a keen golfer with a very high handicap so when not helping you find the best broker for your needs, you may find him on the course or just as likely following any number of sports from the comfort of his sofa.


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