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Trading and Brokerage
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Our Inter-Account Transfers are Now 60% Cheaper

Our mission has always been to bring low-cost trading to everyone, everywhere, and our newest upgrade is another way we're fulfilling that promise to you. In this blog post, we'll delve into the improvements we've made to our inter-account transfer infrastructure, and show you how to leverage these new features to optimise your trades.


Reduced Account-to-Account FX Transfer Costs


Part of our upgrade allows you to transfer funds from two different base currency accounts at a rate 60% cheaper than before. Our rates are essentially interbank rates, meaning that these are some of the best rates you'll find available, even from your own bank.

So when you're transferring funds from your USD account to your EUR account, you're getting close to the rate that banks will give when they trade with each other.


Seamless Transfers Between Trading Accounts


Transferring funds between your trading accounts is now a breeze. Access the convenient "Payments" tab within your Client Hub and click on "Transfer."


Effortlessly swap between accounts or create new ones to streamline your trading strategy and manage your funds with ease.


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Creating New Base Currency Accounts Made Simple


In addition to far superior exchange rates, you can also create new base currency accounts with a simple click.


To create a new account, all you need to do is select a currency in which you currently do not have a trading account.


Click on "Create an Account," set up your password and trading conditions, and you're ready to go.


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Instant Transfers for Immediate Trading


Recognising the importance of time in the fast-paced world of trading, we've ensured that transfers between your accounts are now instant. With prompt processing, you can create a new account, transfer funds, and dive into trading within a minute. Embrace agility and seize opportunities swiftly.


Have More Questions?


If you require further information or have any additional questions, do not hesitate to reach out to our support team - we're available 24/7. We're here to provide guidance and support, ensuring your trading success.


Happy trading!


12/06/2023
Trading and Brokerage
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New Deposit Method with Interbank FX Rates

Interbank FX conversion rates are now at your fingertips. Our latest bank deposit method allows our clients to deposit 30+ different currencies and receive some of the best FX rates on the market. This means you’ll pay less when depositing your local currency into your trading base currency, putting the savings back into your trading bankroll.


See below to see the full list of the 30+ currencies accepted for this funding method.


How does it work?


To receive interbank FX conversion rates, login to your Client Hub and click “Bank Transfer” on the right of the screen.



bank deposit methods fusion markets


Select your trading account you’d like to deposit into (e.g. USD, GBP, AUD), and deposit into the bank address listed.


When we receive your fund they’ll then be converted to your base currency account at industry-leading FX conversion rates.  


Which Currencies Can I Deposit With?


Interbank FX rate Currency List



Can I still use old bank wire transfers?


Yes! Click on the icon on the left in your payments sections to see access to our older bank transfer methods. You still may want to use this method if your country has local bank funding options.


How long will it take until my deposit is processed?


Depending on your bank and region, your deposit can from 1-5 business days to process. You’ll receive an email from us once your funds are ready to trade.

 

Can I use this method to transfer funds from one base currency trading account to the other?


This functionality will be coming soon!

 

Can I also withdraw using this method?


This is something we’re looking to integrate in the future, at the moment, we’ll only be accepting deposits using this method.

 

I have more questions


If you’d like to know more, please contact our help team - they’re available 24/7.






18/01/2023
Trading and Brokerage
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How to deposit via PayID in your Fusion Hub

Using PayID is a fast and easy way currently available on the Fusion Hub for you to deposit your money into your account as quickly and easily as possible. 

PayID deposits are sent using your own unique PayID Email address for your Fusion account. This will be provided to you when you generate a new PayID Deposit Address via the Payments tab for AUD. When you are on this page, as shown below, you will be able to select the PayID deposit option and then generate this address here.  

 

 

Once you've received your unique Fusion PayID within the Hub, visit your internet banking and make a transfer using "PayID" and choose the option to send via the PayID "Email Address" option. Please note, an incorrect PayID Email will cause your deposit to be unsuccessful and create significant delays. 

 

 

 

To make a new deposit 

  1. Log into your bank 
  2. Create a new payment via PayID (or "pay someone using an email address") 
  3. Enter in the email address found on the deposit screen 
  4. You can enter anything you like in the reference field for your own records, this will not affect the transfer on our end 
  5. Finally, enter the amount you want to send and complete the transfer 


Bank Specific instructions
 

Please note 

Although PayID is a fast way to deposit your funds, your bank may impose a limit on how much you can send - typically around the $1000 mark. If you want to deposit more than this limit, we suggest first depositing as much as your bank allows via PayID, then using another payment method for the remainder. 


Further Questions?
 

If you have any further questions relating to your deposit, please don't hesitate to contact our friendly team via live chat. 


13/01/2022
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