FUSIONTRADE has been flagged by Financial Conduct Authority for "Unregistered/Unlicensed entity offering financial products or services". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
I am in a dispute with FUSIONTRADE over a trade that was clearly erroneous. The price shown was wrong, I closed at a profit, and they reversed the trade and took the money back. They said it was a system error. So I lose and they keep? Unacceptable.
Pros: Copy trading available|Excellent charting|Fast execution|Customizable dashboard
Cons: Alert system is basic
I want to warn everyone about FUSIONTRADE. They have been flagged by Financial Conduct Authority as an unauthorized entity. I wish I had checked before investing. They use high-pressure sales tactics and fake testimonials. Once you send money, getting it back is nearly impossible.
Cons: Withdrawal fees demanded|Communication cut off|Not authorized
The platform itself is okay, but the customer service at FUSIONTRADE is truly awful. I waited weeks for a response to a simple inquiry. When they did respond, it felt like a generic template that did not address my specific issue at all.
Pros: Detailed reporting|Two-factor authentication
Cons: Spreads widen during volatile periods|Limited cryptocurrency options
Several red flags with FUSIONTRADE: (1) They promise unrealistically high returns, (2) They're not registered with Financial Conduct Authority, (3) Their contact information is vague, (4) They pressure you to deposit quickly. I recommend everyone do thorough due diligence before investing with any company.
Cons: Flagged by Financial Conduct Authority|Cannot verify credentials
My card was charged twice by FUSIONTRADE on the same day. I had to dispute it with my bank. FUSIONTRADE then froze my account and said I had a negative balance because of the chargeback. They created the problem and then punished me for it.
Pros: No hidden fees|Multi-device support|Clean UI
Cons: No live chat on mobile
FUSIONTRADE changed their fee structure with one month notice. What was a flat fee became a percentage. For my account size it meant a huge increase. When I objected they said I could leave. So I am leaving and writing this review.
Pros: Full transparency|Social trading features
Cons: Currency conversion fee exists|No crypto staking
I had a dispute with FUSIONTRADE and went to their complaints process. They have an internal team that just defends the company. Then they said I could go to an ombudsman - but the ombudsman they use is industry-funded and rarely rules for the client. The system is rigged.
Pros: Competitive fees|Multi-currency support|Regular platform improvements
Cons: Mobile app could be improved
If you are reading this considering FUSIONTRADE - run. I wish I had read more negative reviews through a forum discussion. I thought the positive ones were real. Maybe some are. My experience over since the beginning of the year has been so bad I feel obligated to warn others. Do not make my mistake.
Pros: Tax reports included|Comprehensive tools
Cons: No integrated tax optimization
The platform at FUSIONTRADE is riddled with bugs. Charts display incorrect data, order confirmations sometimes fail silently, and the portfolio tracker disagrees with actual positions. After for about eight months of dealing with this, I have had enough.
Pros: Instant funding|Demo account available|Tax reports included|Personal attention
Cons: Alert system is basic
I have been trying to close my account with FUSIONTRADE for weeks now and they keep giving me the runaround. First it was a form to fill out, then identity verification again, then a mandatory phone call that never gets scheduled. They make leaving impossible.
Pros: Good mobile app|Instant funding
Cons: Limited ETF selection