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Fusion Markets

  • #1
  • First Post: Edited 8:03am Jun 8, 2020 4:58am | Edited 8:03am
Does anyone have any experience with Fusion Markets?

- Like support after being a client for awhile
- Execution time
- Slippage / Liquidity
- Data freeze
- Withdrawal and so on...


Thanks
  • #2
  • Jun 8, 2020 8:11am Jun 8, 2020 8:11am
fusion markets / fxtrading.com / global prime are all brand names of gleneagle securities.

just open an acc with global prime, afterall that is the most widely used of all. more clients = more AUM = more scrutiny by regulators
  • #3
  • Edited 1:29pm Jun 9, 2020 11:40am | Edited 1:29pm
Quoting Bicarus
fusion markets / fxtrading.com / global prime are all brand names of gleneagle securities. just open an acc with global prime, afterall that is the most widely used of all. more clients = more AUM = more scrutiny by regulators
Thank you @Bicarus. All three Gleneagle, that is interesting to know. If their ECN is the real deal I am wondering if all three are connected to the same liquidity network...
  • #4
  • Jun 9, 2020 8:33pm Jun 9, 2020 8:33pm
Quoting Laurus12
{quote} Thank you @Bicarus. All three Gleneagle, that is interesting to know. If their ECN is the real deal I am wondering if all three are connected to the same liquidity network...
yes, all same LPs; PrimeXM.

the different brands are simply catering to different audiences.
Global Prime is a company of Gleneagles (Global Prime has its own AFSL, separate from Gleneagles) : Standard Leverage 100 , max leverage 200(on special request) , margin call / stop out: 100% - margin call & stop out levels relatively high

Fusion Markets / fxtrading.com(RubixFX) are representative companies of Gleneagles (dont have their own AFSL, utlizes Gleneagles's AFSL): Standard Leverage 100 , max leverage 500 , margin call: 50% , stop out: 20% - margin call & stop out levels more aligned with competitors.
  • #5
  • Jun 14, 2020 5:35pm Jun 14, 2020 5:35pm
Quoting Bicarus
{quote} yes, all same LPs; PrimeXM...
Sorry for my late reply @Bicarus, and thanks a lot for your elaboration I appreciate it.
  • #6
  • Edited 6:18pm Jun 15, 2020 6:03pm | Edited 6:18pm
Quoting Bicarus
{quote} yes, all same LPs; PrimeXM
I checked with Fusion Markets and was told they use OneZero , not PrimeXM.
  • #7
  • Jun 16, 2020 9:23am Jun 16, 2020 9:23am
Anyone compared the prices? Are they exactly the same?
  • #8
  • Jun 16, 2020 6:22pm Jun 16, 2020 6:22pm
Quoting Zasoom
Anyone compared the prices? Are they exactly the same?
Could you specify what you mean by that? When it comes to charts they deliver just as good as any. In my oppinion the better. Meaning I have compared to FXCM and PF Markets, and Fusion Markets deliver very good market data. That said I have been comparing a bunch of providers with FXCM for many years and Fusion Markets is the one I have chosen to open an account with.
  • #9
  • Jun 17, 2020 6:32am Jun 17, 2020 6:32am
Quoting Laurus12
{quote} Could you specify what you mean by that? When it comes to charts they deliver just as good as any. In my oppinion the better. Meaning I have compared to FXCM and PF Markets, and Fusion Markets deliver very good market data. That said I have been comparing a bunch of providers with FXCM for many years and Fusion Markets is the one I have chosen to open an account with.
Interesting. Thanks for clarifying. I meant spreads, commissions, whether slippage can be averaged out as a cost per trade, swaps, ...I don't know their model, but saw a broker earlier today not charging any commission, but they had EURUSD spreads at 10-15 points.

I'd rather take the spreads at 0.1 average with decent commission (+commission discount, where available). I like to see the models. It's kind of like best broker for the purpose: when guaranteed stops were around (still?) someone could exploit it, but broker maybe not ideal. Or arbitraging swaps against swap free.

Cool name though: Fusion.
  • #10
  • Jun 22, 2020 7:50am Jun 22, 2020 7:50am
Fusion Markets has limited research tools as there are no trading ideas, fundamental data or news. There is only a demo account as an educational tool, the educational videos or texts are missing. The product portfolio covers only Forex, CFD, and crypto asset classes.
  • #11
  • Aug 7, 2020 9:30pm Aug 7, 2020 9:30pm
Quoting Laurus12
{quote} Could you specify what you mean by that? When it comes to charts they deliver just as good as any. In my oppinion the better. Meaning I have compared to FXCM and PF Markets, and Fusion Markets deliver very good market data. That said I have been comparing a bunch of providers with FXCM for many years and Fusion Markets is the one I have chosen to open an account with.
how long you been with them and have you done any withdrawals ?
  • #12
  • Edited Aug 9, 2020 6:33am Aug 8, 2020 8:25am | Edited Aug 9, 2020 6:33am
Quoting HQZ
{quote} how long you been with them and have you done any withdrawals ?
Hi HQZ!

I started to get to know Fusion Markets from back in mid May and funded a live account about a month ago, but I have not started trading yet. So no withdrawals and still have to experience execution speed and order fill. The reason is that I have been away from trading for about seven years and checking out a broker with client support, and funding for that matter, I see as kind of practical distractions from my studies, but necessary to see how a broker is functioning.

When it comes to customer support they are polite, prompt and accurate. I'm a sucker for details and they have met all my requests in a satisfactory fashion. I was with FXCM since 2009 and was satisfied with their customer support. I have also used three other brokers, including a futures broker in Chicago, plus checking out the support response with others, but Fusion Markets has the best support handling that I've experienced. Before I decided to open an Australian account I also checked out IC Markets and FP Markets. IC Markets did not meet my requirements, but with FP Markets my impression is that they have good support. My choice to go with Fusion Markets was after my taste slightly better market data, very good support, and lower commissions. As for comparing market data and tick volume this is something I have been doing a lot with a bunch of brokers and previously I always fell back on FXCM, but now in my opinion Fusion Markets has the better data.

@Butterscotch . Trade Ideas, news, tools, and so on are in the client hub. They also have 'Analyst Views' from Trading Central as a MT4 plugin. Check the screenshot.
Attached Image (click to enlarge)
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  • #13
  • Aug 19, 2020 6:15pm Aug 19, 2020 6:15pm
I opened an account with Fusion Markets (great name btw!). Their spreads and commissions are lower than Global Prime, and they are owned by the same company that owns GP. As such I expect the managerial excellence steering GP will be afforded FM also.

As for GP having more AUM than FM, and therefore more scrutiny from ASIC, as stated by a member in a post above.... FM is licensed by ASIC and bound by the same regulations as is GP. As such if not fulfilling the obligations of their license, they will receive just as much scrutiny from ASIC as would GP.

As an aside, Gleneagle really does get the marketing right. The name Fusion Markets, the logo, the website, the branding, are catchey. So many brokers dont market very well.

In sum, GP is an excellent broker. But given FM is owned by the same company and their trading fees are lower than GP's, for the time being I lean toward FM.
  • #14
  • Sep 22, 2020 9:37am Sep 22, 2020 9:37am
How is your experience with Fusion Markets? Do you recommend them? Any problems? Withdrawals?
  • #15
  • Mar 2, 2021 7:22pm Mar 2, 2021 7:22pm
I have no problem with Fusion Markets. I have been trading using signal copy service to both of my MT5 Fusion Markets and MT5 Icmarkets accounts. The Fusion Market account balance is more than Icmarkets due to the Fusion Markets has lower commission rate and swap rate. Fusion markets is registered under Australian ASIC. I find their service very friendly and got personalized support also they have a great range of products.
  • #16
  • Jun 13, 2021 4:49am Jun 13, 2021 4:49am
I recommend
Fusion Markets Best low spread.
  • #17
  • Aug 23, 2022 2:31pm Aug 23, 2022 2:31pm
I have used so many brokers, real accounts, Fusion Markets spread, commisions are the lowest of all of them even better than FTMO. But for btcusd, icmarkets is best.

But my biggest problem with Fusion Markets is Slippage, executions are not top notch. From my personal experience Exness execution speed is the best from my area at least.

Vantage would have my prime broker, but indices spread on vantage are bad.
  • #18
  • Oct 7, 2022 9:20pm Oct 7, 2022 9:20pm
Quoting koushikair01
I have used so many brokers, real accounts, Fusion Markets spread, commisions are the lowest of all of them even better than FTMO. But for btcusd, icmarkets is best. But my biggest problem with Fusion Markets is Slippage, executions are not top notch. From my personal experience Exness execution speed is the best from my area at least. Vantage would have my prime broker, but indices spread on vantage are bad.
Yeah I have been with them over 2 years and despite their spread for zero acc the execution and spread is really poor often enough. Above 8 pip slippage on usdjpy in microsecond back to 0.3 pip spread with zero acc during regular time happens quite often. I would look at somewhere else
  • #19
  • Oct 12, 2022 1:38pm Oct 12, 2022 1:38pm
Quoting koushikair01
my biggest problem with Fusion Markets is Slippage, executions are not top notch.
Negative slippage for limit orders:
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 7 KB
  • #20
  • Sep 27, 2023 5:39pm Sep 27, 2023 5:39pm
Quoting scamscalper
{quote} Negative slippage for limit orders: {image}
there should be no slippage on limit orders by definition..
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