Fusion Markets Crypto Trading: CFDs, Spreads, Leverage and Weekend Hours

Crypto at Fusion Markets is traded as contracts for difference. You speculate on the price of Bitcoin, Ethereum and other coins without owning them. Fusion charges no commission on crypto CFDs, so the cost of a trade is the spread, plus overnight financing if you hold past the daily rollover.

Markets are open 24 hours a day, seven days a week, weekends included. The broker quotes Bitcoin spreads from 0.04% and Ethereum from 0.09%. Every platform it supports carries crypto: MetaTrader 4, MetaTrader 5, cTrader and TradingView.

Coins and spreads

Spreads in that table are in US dollars of price, taken from Fusion's crypto page. An average of 18.97 on Bitcoin means the gap between the buy and sell price is about $19 per coin. More coins sit behind the page's Show more button, and the symbol list in your platform is the final word on what you can trade.

Dogecoin and Cardano show as 0.0 only because their prices are small and the table rounds to one or two decimals. A spread still exists. Open the symbol in your platform to see the real figure.

CFD or real coins: what is the difference?

The table points to a simple rule. CFDs suit short-term trading in both directions. A buy-and-hold plan over years is a job for real coins, because a daily financing charge on a CFD adds up month after month and you get no staking income.

Leverage on crypto

Fusion's FAQ gives crypto leverage of up to 10:1 for clients of its international companies. One of its product pages quotes 1:2 for retail and 1:10 for professional clients, wording that fits Australian rules. Look at the margin requirement in your own platform before you trade, because that is the figure applied to your account.

Even 10:1 is a lot for this market. Bitcoin can move 5% in a day without any news. At 10:1, a 5% move against you is a 50% loss on the margin you put up, and a 10% move takes all of it.

The dollar loss is identical in every row. Lower leverage simply forces you to hold more of your own money behind the trade. Our Fusion Markets leverage guide covers forex and metals, and the stop out guide explains the 20% liquidation level.

What it costs to hold

An overnight financing charge applies each day at 00:00 server time for positions left open. Fusion updates the rate daily and shows it in the platform. Crypto financing is usually far higher than on currency pairs, so a trade held for a few weeks can cost more in financing than it did in spread.

No commission is charged on either the Zero or the Classic account for crypto. Deposits and withdrawals in crypto are also free at Fusion's end, although funding with Bitcoin or Tether is a separate matter from trading crypto CFDs: your balance is credited in dollars or euros. The Fusion Markets fees guide lists every charge.

Weekend trading and gaps

Forex closes on Friday night and reopens on Sunday. Crypto doesn't stop. That gives you something to trade on Saturday, and it also means your open crypto positions can hit a stop out while you are asleep or away.

Liquidity is thinner at weekends, so spreads can be wider than the weekday averages above. If your account also holds forex trades, a weekend crypto loss reduces the equity supporting them. When Sunday opens with a gap, those two problems arrive together.

How to place a crypto trade

1. Open your platform and add the coin's symbol to the market watch list.
2. Check the contract size, margin requirement and financing rate in the symbol's specification.
3. Work out the position size from your stop distance and a risk of about 1% of the account.
4. Place the order with a stop loss attached.
5. Review the trade daily if you hold it overnight, since financing reduces your equity.

Who crypto CFDs suit

They suit a trader who wants short exposure to price moves and already has an account for forex. You use one balance, one platform and the same order types across currencies, gold and coins. A short trade is as easy as a long one, which matters in a market that falls as hard as it rises.

Long-term investors are poorly served. So are people who want to use crypto: you can't send a CFD position to a wallet, pay with it or stake it. If your plan is to own Bitcoin for five years, buy the coin through a regulated exchange in your country and store it properly.

How to size a crypto position

Percentage moves are larger in crypto, so stops need to sit further away and positions need to be smaller. Take a $1,000 account risking 1%, or $10. With a stop 4% from entry on Ethereum, the position value should be $250, because 4% of $250 is $10. At 10:1 leverage the platform would let you open $10,000, forty times that amount.

Check the contract size before entering a volume. One lot of a crypto CFD is often one coin, though not always, and it differs between symbols. Your platform's specification window lists the contract size and the minimum volume. A first trade at the smallest size shows you the real profit and loss per dollar of price movement.

Local rules deserve a look as well. Some countries restrict or tax crypto derivatives differently from currencies. The broker accepting your order doesn't settle that question, so check the position of your own regulator and tax office.

Frequently asked

Related reading

• Fusion Markets leverage
• Fusion Markets fees
• Fusion Markets stop out
• Fusion Markets platforms
• Our full Fusion Markets review