Fusion Markets
Pros
- Zero account commission of $4.50 round-turn is below the industry average
- No minimum deposit requirement
- No deposit, withdrawal, or inactivity fees
- Four major platforms: MT4, MT5, cTrader and TradingView
- Free VPS hosting for traders executing 20+ lots per month
- ASIC-regulated with client funds in segregated NAB accounts
- Fusion+ copy trading service free for traders meeting minimum 2.5 lot/month threshold
- 24/7 live human customer support
Cons
- No negative balance protection for clients under FSA or VFSC entities
- No investor compensation scheme under any entity
- Demo account expires after 30 days unless the live account is funded
- Limited educational content compared to full-service brokers
- Products limited to CFDs - no real stock or ETF ownership
- High overnight swap rates relative to many competitors
- cTrader and TradingView restricted to Zero account holders only