You can fund your account using a variety of methods without paying any fees within the Fusion Hub. Just click on ‘payments’ in the left-hand side menu for more information.
Please click this link for your reference how to fund your account:
The time it will take for funds to reach your account will depend on the method you have chosen. Funding using Visa/Mastercard and other e-wallet services such as PayPal will allow you to fund your account instantly whereas bank wire transfers can take up to 5 business days to be received and credited depending on where the funds were sent from.
If you fund using Visa or Mastercard, your deposit should be credited to your account instantly if the deposit made within but If using a bank wire internationally to Australia, the average is 2-3 business days. However, depending on which country you’re depositing from, the process can typically take up to 5 business days.
We offer most major currencies such as AUD, EUR, GBP, JPY, SGD, and USD for you to deposit with and trade with.
Fusion Markets does not place any minimums on what you can deposit however, there are some payment providers that do have minimums which we unfortunately cannot change. Any minimum amount for your chosen deposit method will be clearly displayed before you confirm your payment.
If you did have any further questions, please feel free to let us know.
True to our mission of putting you first, there is no minimum amount to deposit. We believe that you should start with what you feel most comfortable. However, on average, most clients fund with $1500 and above.
You can fund as much as you like, but when using a Visa or Mastercard, we recommend a maximum of AUD 25,000 or equivalent at a time to reduce rejections from Visa or Mastercard.
For AUS clients that wanted to know if we had any payment methods that did not require a minimum deposit.
A: The client can use a bank transfer, and pay ID has no minimum deposit amount. Jeton Wallet also only had AUD $1 minimum we could offer.
The deposit methods available for our Australian clients that do not require a minimum deposit:
- Bank Transfer
- PayID
Additionally, Jeton Wallet can be used with a minimum deposit of just AUD $1.
Fusion Markets do not charge any fees on our deposits, leaving more money in your account to trade. There are some instances such as bank wire transfers (intermediary fees) and crypto (gas fees) where your deposit may incur a fee that we are unable absorb on our side. With such instances, we want to make it clear that these are not charged by Fusion Markets.
We hope that provides you with a little more clarity around your deposits. If you did have any further questions please feel free to let us know.
We do not charge fees on funding your account if you fund with Visa or Mastercard.
If funding with a bank wire, transfers from Australia to our Australian account also incur no fees.
If you are transferring from an international bank account to our Australian trust account, the fees will likely be USD $20-$30. Please note that at certain banks, they may use what is called an “intermediary bank” (which Fusion has no control over) which charge their own fees for forwarding the funds to us. We apologise, but Fusion is not responsible for these fees should they be charged.
Note: Funding via bank wire has no restrictions unless stated otherwise. This means that the client can use bank accounts issued in countries like the USA.