The Fusion Markets business is overseen by two authorities: the VFSC (Vanuatu Financial Services Commission) and ASIC. Specifically, Gleneagle Asset Management Limited (GAML) is regulated by ASIC with registration number 226199, while the VFSC oversees Gleneagle Securities Pty Limited with registration number 40256.
So we find the combination of the flexibility offered by Vanuatu’s offshore regulation with the excellence of ASIC, an industry-wide respected authority. A mix that makes the broker suitable for any type of trader.
The most important point to highlight is that the broker does not offer protection in case of a negative balance. This means that it is possible to lose more money than initially deposited, although the risk management tools offered make this a remote possibility.
All deposits are held in separate accounts with some of the best banks in the world, safe from any financial disruption that could affect the broker.
Fusion Markets also offers insurance that covers the trader in various situations, such as in case of fraudulent conduct. All in all, they offer good protection to the money deposited by the trader.
Although they strive to offer their services worldwide, there are some countries where it is not possible to access Fusion Markets. These include Iran, Japan, New Zealand, North Korea and the United States of America.
Fusion Markets is a NDD (no dealing desk) broker. This is an excellent solution that eliminates interference for traders and denotes the broker’s desire to keep costs and spreads to a minimum.
The smallest position that can be opened with Fusion Markets on currencies, metals and other commodities is 1% of a lot. For all other instruments the minimum trade size is 0.1 lot.
It is important to note that there is also a maximum size of one hundred lots.
Fusion Markets has gone to great lengths to facilitate a variety of trading techniques. We find hedging, scalping and EA to implement the most suitable strategy for your needs.
Built into the trading platforms offered by Fusion Markets are various tools to manage the risk of your trades. Firstly, you can set both stop losses and take profits on each position.
Then you can control the entry and exit of the market with limit orders or let the position evolve with the market with trailing stops. Of course, market orders are also possible and the broker offers a margin call service to alert you when the funds in your account reach a critical threshold.