Is it possible to transfer funds from one account into another so that I wouldn’t incur any more charges? From account XXX to XXX


You may transfer funds between two accounts.

 

Just please note that if ever you transfer funds from a different deposit account the currency conversion rates that are currently streaming are live market rates and the final amount converted may change significantly by the time your conversion is completed from one currency to the other due to market conditions.


How do I transfer funds between two trading accounts?

To transfer between trading accounts, simply login to your Fusion Hub and on the left-hand side menu, select ‘payments’ then ‘transfers’ and follow the prompts. Please see this short video on how to do so.


What is the fee for transferring between the accounts?

There is no charge in transferring funds from your accounts with Fusion, for the same deposit currency.  


Please note that if ever you transfer funds from a different currency, e.g. AUD to EUR then the rate is determined by our bank and the final amount converted may change significantly by the time your conversion is completed from one currency to the other due to the market conditions. However, we can see these are institutional rates and will almost always be far better than the rates you receive from your bank. As a range, it is often between 50-70 pips.  


Please screenshot below, explaining the information I've mentioned above.