Gleneagle Asset Management Limited
Founded in 2018
Online since 2018
Australian Securities and Investments Commission (Australia)
Hello traders, DayFunded is back with another comprehensive broker review to guide you through your quest for the perfect trading platform. Today's topic? Fusion Markets. Established in 2018, it's a relatively young contender yet demonstrates promise with competitive features.
Owned by Gleneagle Asset Management Limited, this online broker has quickly carved a significant market presence through hefty features and an impressive service suite.
Broker Overview
Key Features and Insights
Fusion Markets hugely impresses with the affordability it offers. With a minimum account size of just $1, it's certainly an entry-level broker that can accommodate traders with a limited budget. Not to mention, its low minimum position size setting of 0.01 makes it perfect for beginners testing the waters or advanced traders focusing on risk management.
Despite its youth, Fusion Markets has taken sincere and serious steps towards operational security. Its regulation compliance is undoubted proof of its reliability.
It's worth noting Fusion Markets's low spread feature as it's favorable for traders, potentially boosting profits and minimizing crippling trading costs.
The lack of allowance for US traders could be off-putting for some, but it typically reflects the regulatory challenges brokers face in attempting to penetrate the US market.
Expansive Broker Features
Trading By Phone: Fusion Markets offers a hands-on approach with trading via phone, which would be welcomed by traders preferring a more personal connection.
MAM and PAMM: These features indicate that Fusion Markets has tailored its platform for portfolio managers and multiple account traders, ideal for those with advanced trading needs.
Managed Accounts: A significant plus point for those who want a more hands-off approach or don’t have the time to manage their accounts personally.
VPS: With a Virtual Private Server, traders get a more reliable trading process, due to significantly less downtime, ideal for the serious and professional audience.
Segregated Accounts: This suggests serious commitment to traders' funds security, another significant assurance in the operations of Fusion Markets.
The max leverage information (recybfPUJkrhdLzKD) provided is not clear - thus, it's crucial to reach out to Fusion Markets for accurate data. Remember, while high leverage can amplify profits, it also escalates the risk potential.
Young yet dedicated, Fusion Markets deserves a spot on your shortlist. With its easy entry threshold, expansive features, and emphasis on security, it can be a perfect platform to jumpstart or advance your trading journey! Remember to check the specific regulations in your location, and as always, happy trading!