BDSwiss vs Fusion Markets - Fees Review included
Which broker is better BDSwiss or Fusion Markets? Our expert assessment conducted according to TU’s own methodology showed that BDSwiss is one of the top brokers in the financial market with the TU Overall Score of 5.13 out of 10. Fusion Markets is one of the top brokers in the financial market with the TU Overall Score of 6.18 out of 10. Find out more about TU Overall Score.
| Feature | BDSwiss | Fusion Markets |
|---|---|---|
Overall |
3.9 |
4.3 |
4.8 |
4.2 |
|
3.7 |
4.8 |
|
3.6 |
3.6 |
|
Investment Instruments |
1 |
4.9 |
Platforms and Charting Tools |
4.5 |
4.4 |
Deposit and Withdrawal |
3.9 |
4.6 |
Research |
3.7 |
3.8 |
Education |
4.2 |
3.5 |
Support |
4.1 |
4.3 |
Bonuses |
1 |
3.1 |
|
|
|
BDSwiss vs Fusion Markets: Pros and Cons
The BDSwiss brokerage company has provided financial services in the Forex market since 2012. The broker is keen to cooperate with traders worldwide. Therefore its activities are regulated by authorities in several countries such as: the Cyprus Securities and Exchange Commission (CySEC); the German Federal Financial Supervisory Authority (BaFin); the UK Financial Conduct Authority (FCA); and the US National Futures Association (NFA).
Fusion Markets is a young broker from Australia. It was created in November 2017 and began to provide full services in 2019. The company offers to trade in currency pairs and CFDs. Headquartered in Cremorne, Melbourne, Australia, the broker is regulated by ASIC (Australian Securities and Investment Commission) and VFSC (Vanuatu Financial Services Commission).
| BDSwiss | Fusion Markets | |
|---|---|---|
| Overall Pros | A vast array of trading assets. | Low trading fees |
| A wide range of deposit and withdrawal methods. | Fast registration and convenient trader's office | |
| Withdrawal fees are paid by the company. | Several copy trading and MAM services | |
| The broker periodically conducts online lectures for its clients. | Advanced ECN account | |
| no minimum account size | ||
| No fees for US Shares CFDs trading | ||
| Overall Cons | Lack of investment programs and trading bonuses. | Limited number of supported assets |
| The broker charges a fee for inactivity on the account. | lack of educational content | |
| Support is unavailable on weekends. | Not able in New Zealand, Russia, Ukraine, United States or its territories. | |
| Not regulated in EU and UK |
BDSwiss vs Fusion Markets: Safety and Regulation
| Regulated By: | BDSwiss | Fusion Markets |
|---|---|---|
US Regulation |
No |
No |
FCA (Great Britain) |
No |
No |
CySec (Cyprus, EU) |
Yes |
No |
ASIC (Australia) |
No |
Yes |
Other Regulators |
Mauritius (Company Number: 143350); BaFin Germany (Registration No. HRB 160749B); Financial Services Authority (FSA) Seychelles under license number SD047; |
Vanuatu company (Company Number 40256) and is regulated by the VFSC |
BDSwiss vs Fusion Markets: Trading Conditions
| Trading Conditions | BDSwiss | Fusion Markets |
|---|---|---|
Minimum Deposit |
$100 |
$1 |
Trading Platforms |
MetaTrader 4, MetaTrader 5, BDSwiss Webtrader, and BDSwiss mobile apps for iOS and Android |
МТ4 (desktop, mobile, web), МТ5 (desktop, mobile), WebTrader |
Max Leverage (Futures) |
1:500 for Forex accounts and 1:5 for investment accounts |
1-30, 1-500 (just for Vanuatu regulated entity) |
Supported Markets |
Currency pairs, CFDs, indices, stocks, commodities, cryptocurrencies, and ETFs |
|
Trading assets |
250+ |
200+ |
Trading Accounts |
Classic, VIP, Raw, InvestPLUS |
Demo, Classic, Zero |
Base Account Currencies |
EUR, USD, GBP |
AUD, USD, EUR, GBP, JPY, CAD, SGD, THB |
BDSwiss vs Fusion Markets: Fees
Forex Trading Fees
| Fee | BDSwiss | Fusion Markets |
|---|---|---|
Standard Account EURUSD Average Spread |
1.6 pips |
0.8 pips |
Standard Account Fee |
$0 |
$0 |
ECN/STP Account Fee |
$5 per lot |
$2.25 per lot |
ECN Account EUR Average Spread |
0.2 pips |
0.2 pips |
CFD Trading Fees
| Fee | BDSwiss | Fusion Markets |
|---|---|---|
CFD Trading Fee |
Floating spread |
Floating spread |
Non-Trading Fees
| Fee | BDSwiss | Fusion Markets |
|---|---|---|
Account Fee |
No |
No |
Deposit Fee |
Receiving costs are covered by BDSwiss |
No |
Withdrawal Fee |
Receiving costs are covered by BDSwiss |
No |
Inactivity Fee |
10% of the account balance, with the minimum amount charged being €25 or trading account currency equivalent, and the maximum amount charged being €49,90 |
No |
A conversion fee may be applied as withdrawals and deposits are conducted in USD. Any other currency will have to be converted.
BDSwiss vs Fusion Markets: Trading Assets
| Asset Name | BDSwiss | Fusion Markets |
|---|---|---|
Overall |
250+ |
200+ |
Forex |
Yes |
Yes |
Stocks |
Yes (CFD) |
Yes (CFD) |
Metals |
Yes |
Yes (CFD) |
Cryptocurrencies |
Yes (CFD) |
Yes (CFD) |
Energy |
No |
Yes (CFD) |
Indices |
Yes |
Yes (CFD) |
ETFs |
Yes |
No |
Bonds |
No |
No |
Mutual funds |
No |
No |
Stock options |
No |
No |
Futures Trading |
No |
No |
Binary Options |
No |
No |
BDSwiss or Fusion Markets: Investment Programs
| Asset Name | BDSwiss | Fusion Markets |
|---|---|---|
Copy Trading |
No |
Yes |
MAM/PAMM |
No |
Yes |
Managed Accounts |
No |
No |
Other |
No |
No |
Trading Platforms: Fusion Markets or BDSwiss
| BDSwiss | Fusion Markets | |
|---|---|---|
MT4 |
Yes |
Yes |
MT5 |
Yes |
Yes |
cTrader |
No |
no |
Appropriate platform |
No |
No |
Others |
No |
No |
|
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|
BDSwiss vs Fusion Markets: Deposit and Withdrawal Methods
| Deposit and Withdrawal Method | BDSwiss | Fusion Markets |
|---|---|---|
Bank Transfer |
No |
Yes |
Debit Card |
Yes |
Yes |
Electronic Wallets |
Yes |
Yes (not available for all countries) |
Crypto |
No |
No |
BDSwiss vs Fusion Markets: Research
| Research Type | BDSwiss | Fusion Markets |
|---|---|---|
News Feed |
No |
Yes |
Fundamental Data |
No |
No |
Chart Analysis |
Yes |
Yes |
Trading Ideas |
No |
Yes |
E-Mail Reports |
No |
No |
BDSwiss vs Fusion Markets: Education
| Education Type | BDSwiss | Fusion Markets |
|---|---|---|
Demo-account/Paper Trading |
Yes |
Yes |
Webinars |
No |
No |
Articles |
No |
Yes |
Videos |
Yes |
Yes |
Cent account |
No |
No |
Fusion Markets vs BDSwiss: Support
| Support Features | BDSwiss | Fusion Markets |
|---|---|---|
Working Days |
24/5 |
24/5 |
Yes |
Yes |
|
Phone |
Yes |
Yes |
Online chat |
Yes |
Yes |
Other |
No |
No |
BDSwiss vs Fusion Markets: Forex Bonuses and Promo
| Promo | BDSwiss | Fusion Markets |
|---|---|---|
Forex Bonus |
No |
No |
Affiliate Program |
Each member of the referral program receives an individual link and can receive 150 EUR for each active trader. The maximum amount of total payments is 1500 EUR. |
Invite a friend affiliate program. As soon as your friend registers and starts trading, the broker will deposit $50 to the account of each member of the affiliate program which includes the referral and the partner who attracted him. Fusion Affiliates program - will be interesting for trading sites, popular Youtube channels, bloggers, arbitrageurs, email marketers, media, as well as those who have a lot of subscribers in social networks. |
Other Promos |
"Bring a friend" bonus, according to the rules. For an attracted active referral, you can get either a bonus on the account or benefits on commissions. Check with the support team for the most current details. |
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Top 5 Reviews on Fusion Markets
-
Comment
Fusion Markets is reliable. Neither I nor my fellow traders have had any problems with it. Fusion Markets withdraws client profits without delays and is not engaged in fraud. They also noted that the company does not pursue any illegal or hidden goals. Thus, you can trade with confidence on the Fusion Markets platform.
-
Comment
I started trading on the Forex Markets through Fusion Markets. Traders I know told me that this company was transparent and there were no hidden problems. I started with a small trading account and then increased it. Now I have been trading with Fusion Markets for five years; I am happy with everything here.
-
Comment
Fusion Market offers seamless depositing, withdrawal, and transfer between accounts. All operations are carried out promptly and clearly. You can choose a company with various regulators and trading conditions. Spreads are at an acceptable level, though they may widen. The customer support is excellent, quickly responding to all inquiries. Currently, I continue my collaboration with Fusion Market.
-
Comment
I have been using the services of the Fusion Market broker for a year and a half now and it fully matches my trading strategy. Although I can’t say that everything is going smoothly, the conditions are good: moderate spreads and swaps. I have already withdrawn money three times and each time it happened without any problems. Therefore, my feedback is positive.
-
Comment
FusionMarkets broker is excellent. I liked working with this company. There were delays in processing withdrawals, however, a couple of times. I have several cards open for brokerage. The analytics are good, I constantly additionally browse on German business platforms. I just started working because I was laid off, but I saw a lot of interesting options. I like to work for myself at home. And the level is quite high. I believe that there are a lot of opportunities on the FusionMarkets website for beginners and professionals
Top 5 Reviews on BDSwiss
-
Comment
BDSwiss is a normal company, nothing supernatural. Execution is pleasing, money is deposited and withdrawn without problems. I recommend BDSwiss.
-
Comment
I have been trading with BDSwiss for more than 4 years. It is possible to work with BDSwiss, but there are also some disadvantages. Orders sometimes slip when there is a strong movement, but this is not very scary. Jumping spreads during news are much more annoying. Therefore, it becomes difficult to trade on news. It’s good to work with BDSwiss in long and medium positions.
-
Comment
BD Swiss is a reliable company, and I'm not just saying that. The company is reputable and large. I've been working here for 2 years now. I like the choice of trading instruments and fast order execution - everything is there to make money.
-
Comment
I want to tell you about my success with BDSwiss. I made a $3,000 deposit. Within a month, my $3,000 turned into $3,800. I am pleased with the result. My self-confidence has increased, I think that I am a good trader. I’m grateful to BDSwiss for the absence of requotes and slippages.
-
Comment
I was looking for a way to earn extra income, did some research, and was drawn to the opportunity to trade on the Forex market. I read many reviews about different brokers and decided to settle on BDSwiss. There are no account maintenance fees, no minimum deposit, and no commission on trades, which is a significant plus for me as a beginner. Overall, all the conditions are created for comfortable trading. The BDSwiss customer support impressed me. I had an issue once, and they resolved it promptly on the same day.
FAQs
What should I start Forex trading with?
It is desirable for novice traders to explore trading using a demo account to learn the market and how to work on the trading platform without the risk of suffering losses. At the same time, it is advisable to review the educational materials of the broker, learn trading basics. Then you can deposit the minimum required amount to perform a small number of transactions. If you manage to close several months in a row in the black, without substantial drawdowns on the account, then you can try increasing your deposit. Also trying to copy trades automatically is a good option for a start.
What amount should I start trading with?
The minimum deposit of $10 may be enough to trade on the cent account. However, for trading on Standard/ECT accounts, experts recommend starting with at least $200-500. With this amount, you can use not a very big leverage. Remember, getting carried away with the margin is the main cause of losses among beginners.
What should I take into consideration when choosing a broker?
Experts recommend looking at the broker’s reliability first and foremost. The other important features include basic trading conditions, commissions and fees, customer reviews. If brokers are approximately the same in terms of basic criteria, you need to choose based on your experience and tasks. One broker may be good for professionals and another – for novice traders.
Is it possible to be scammed by a broker with a license from a reputable regulator?
In theory, yes. But in practice, it takes so much time and money to comply with the requirements of reputable regulators that it is not worth it for scammers to bother obtaining a legitimate license.
Team that worked on the article
Mikhail Vnuchkov joined Traders Union as an author in 2020. He began his professional career as a journalist-observer at a small online financial publication, where he covered global economic events and discussed their impact on the segment of financial investment, including investor income. With five years of experience in finance, Mikhail joined Traders Union team, where he is in charge of forming the pool of latest news for traders, who trade stocks, cryptocurrencies, Forex instruments and fixed income.