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Fusion Markets Review

Fusion Markets Review 2026

4.1/5

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The Scorecard

Overall Rating
Trust & Safety
Fees & Commissions
Account Opening
Platforms & Tools
Tradable Instruments
Deposits & Withdrawals
Customer Service
Research, Analysis and Education

Quick Take on Fusion Markets

Headquartered in Melbourne and operating since 2019, Fusion Markets focuses primarily on low-cost forex and CFD execution. Client orders are routed through a No Dealing Desk (NDD) setup utilizing STP and ECN models under regulatory oversight from ASIC in Australia, the FSA in Seychelles, and the VFSC in Vanuatu. Customer deposits sit in segregated trust accounts with major financial institutions such as NAB and HSBC, though statutory negative balance protection covers only retail accounts held under the Australian entity.

Opening an account requires no mandatory minimum deposit, and pricing is divided between commission-free floating spreads and raw interbank pricing paired with a low flat commission rate. Platform options span MetaTrader 4, MetaTrader 5, cTrader, and TradingView, alongside several integrated copy trading services. The main drawbacks include notable differences in regulatory safeguards depending on account jurisdiction, tight leverage caps on cryptocurrency CFDs, and a relatively modest research catalog compared with larger full-service competitors.

Pros and Cons

pros

  • No mandatory minimum deposit requirement on live accounts
  • Low commission rate of $2.25 per lot per side on the Zero account
  • Wide selection of third-party platforms including MT4, MT5, cTrader, and TradingView
  • Fee-free account management with $0 deposit, withdrawal, and inactivity fees

cons

  • Negative balance protection is restricted solely to retail clients regulated by ASIC
  • Proprietary platform is limited to account management and copy trading rather than direct charting and analysis
  • Leverage under ASIC is restricted to 1:30 for retail forex accounts
  • Administrative charges apply to swap-free Islamic accounts after 7 days

Fusion Markets Review Summary

Broker Type STP/NDD
Regulation ASIC, FSA, VFSC
Minimum Deposit $0
Maximum Leverage 500
Platforms TradingView, MetaTrader 4, MetaTrader 5, cTrader, WebTrader
Markets Forex Pairs, Commodities, Indices, Cryptocurrencies, Stocks

Can You Trust Fusion Markets?

4.0/5

Who Regulates Fusion Markets?

Fusion Markets operates across multiple jurisdictions overseen by three separate financial regulators. Its core tier-1 supervision comes through the Australian Securities and Investments Commission (ASIC). International clients are onboarded through offshore entities authorized by the Financial Services Authority (FSA) of Seychelles and the Vanuatu Financial Services Commission (VFSC), where it holds license number 40256. The specific entity assigned to an account governs its available leverage, formal dispute processes, and statutory account protections.

How Your Money Is Protected

In accordance with regulatory mandates, client funds remain strictly separated from the brokerage's operating capital. Fusion Markets maintains segregated client trust accounts at major institutions, specifically National Australia Bank (NAB) and HSBC, and these balances cannot be used for firm expenses or market hedging. An investor compensation scheme is available where applicable. Statutory negative balance protection applies solely to retail accounts regulated by ASIC; clients registered through the FSA or VFSC entities receive no legal guarantee against negative account balances.

Company Background and Track Record

Founded in 2019, Fusion Markets is a privately held brokerage based in Melbourne, Australia (Level 10, 627 Chapel St, Victoria 3141). The firm is owned by its founders and associated corporate entities, including Gleneagle Asset Management Pty Limited. Throughout its operating history, the broker has maintained a No Dealing Desk approach, connecting retail and institutional clients directly to liquidity providers without routing orders through an internal dealing desk.

Fusion Markets Fees Explained

3.9/5

Trading Costs

Transaction fees at Fusion Markets depend on the chosen account structure. On the Zero Account, traders receive raw interbank spreads starting at 0 pips alongside a fixed commission of $2.25 per lot per side ($4.50 round-turn) on foreign exchange and metals. The Classic Account bundles broker compensation entirely into floating spreads, charging no separate commission. Instruments such as cryptocurrencies and US share CFDs carry a $0 commission across both account models, meaning the spread represents the entire transaction cost.

AssetTypical SpreadCommissionEstimated Trading Cost
EUR/USD1.1 pips$0 (Classic) / $4.50 per lot round-turn (Zero)$11.00 (Classic) / $15.50 (Zero)
Gold0.1 points$0 (Classic) / $4.50 per lot round-turn (Zero)$10.00 (Classic) / $14.50 (Zero)
S&P 5000.33 points$0$0.33

Non-Trading Fees

Deposit Fees

Fusion Markets charges a $0 deposit fee across every supported method, including debit cards, credit cards, bank transfers, and digital wallets. However, external payment providers or correspondent banks may deduct their own processing charges.

Withdrawal Fees

Outgoing payments carry a $0 withdrawal fee from the broker. Clients can transfer funds back to bank accounts, cards, e-wallets, or supported cryptocurrencies without facing internal deductions.

Inactivity Fees

The broker assesses a $0 inactivity fee. Dormant accounts and accounts without open positions over long periods face no recurring balance deductions or maintenance penalties.

Overnight Financing

Trades carried past the daily rollover cutoff incur standard financing charges based on underlying interbank interest differentials. Opening and closing a position within the same trading day results in $0 overnight fees. For Islamic swap-free accounts, overnight interest charges are waived initially, but an administrative fee is charged on positions kept open beyond 7 calendar days.

Currency Conversion Charges

A currency conversion markup applies whenever deposits, withdrawals, or trades involve a denomination different from the account's base currency. In these cases, the conversion cost reflects underlying exchange rates combined with a broker fee.

Accounts Available at Fusion Markets

4.6/5

Classic Account

The Classic Account suits traders who prefer an all-inclusive pricing structure without calculating standalone commissions. Pricing relies on marked-up floating spreads with zero commission on forex trades. The account provides access to all supported third-party platforms, works with 14 base currencies (including AUD, USD, EUR, GBP, CAD, JPY, and CHF), and requires a $0 minimum deposit. Order execution follows a straight-through processing (STP) model without dealing desk involvement.

Zero Account

Designed for active intraday traders, scalpers, and automated systems, the Zero Account provides raw market spreads from 0 pips on major currencies alongside a flat commission of $2.25 per lot per side ($4.50 round-turn). Account parameters match the Classic tier regarding platform options, supported base currencies, and the $0 minimum deposit rule, while utilizing ECN-style order routing to maintain execution speeds.

Account Comparison

FeatureClassicZero
Minimum Deposit$0$0
Spreads FromFloating (marked up)0 pips
Commission$0$2.25 per lot per side ($4.50 round-turn)
PlatformsMetaTrader 4, MetaTrader 5, cTrader, TradingView, WebTraderMetaTrader 4, MetaTrader 5, cTrader, TradingView, WebTrader
Best Suited ToDiscretionary traders seeking spread-only pricingScalpers, active intraday traders, and EA users

Trading Platforms and Technology

5.0/5

MetaTrader 4

Fusion Markets provides MetaTrader 4 for desktop and web browsers. The software supports automated trading via Expert Advisors (EAs), custom technical indicators, and historical backtesting. The platform connects directly to the broker's low-latency routing, offering standard order execution types and configurable charting tools.

MetaTrader 5

MetaTrader 5 expands on the MT4 setup with 21 timeframe options, an integrated economic calendar, and multi-threaded strategy backtesting. It accommodates the broker's full catalog of CFD markets, including shares, indices, and currency pairs, alongside native hedging and netting modes.

cTrader

For traders seeking Level II market depth and advanced charting, Fusion Markets supports cTrader. The platform allows algorithmic coding in C# via cTrader Automate, provides fast one-click order execution, and gives developers access to the cTrader Open API for building custom trading tools.

TradingView

Traders can connect Fusion Markets directly to TradingView to place orders directly from its charting interface. This integration combines TradingView's cloud-based charting, Pine Script indicators, and community scripts with the broker's execution routing and underlying fee structure.

Mobile Trading

Mobile access is available through official iOS and Android apps for MetaTrader 4, MetaTrader 5, and cTrader. These applications allow clients to manage open positions, place new orders, view real-time pricing, and receive account notifications from mobile devices.

Execution and Trading Tools

Fusion Markets routes orders via an NDD model using STP and ECN connections to external liquidity providers without manual dealing desk involvement. Because trades execute against current market liquidity, slippage can occur, resulting in fills above or below requested price levels during fast-moving market conditions. Account funding, profile settings, and administrative requests are handled through a proprietary portal named Fusion Hub.

Algorithmic and Copy Trading

Automated strategies can be deployed using MetaTrader EAs or cTrader Automate. High-volume traders can request a dedicated FIX API connection, while other developers can connect through the cTrader Open API. Traders qualifying with 20 lots of FX or metals volume over a 30-day period receive sponsored VPS access at $0, with discounted hosting also available through NYC Servers and FXVM. Social and copy trading run through three options: the proprietary Fusion+ platform, DupliTrade on MetaTrader, and Myfxbook AutoTrade.

Markets You Can Trade

3.0/5

Fusion Markets provides multi-asset trading exclusively through Contracts for Difference (CFDs) and spot forex contracts. Traders do not take physical ownership of the underlying assets, and market leverage remains subject to strict geographic and regulatory constraints.

MarketInstruments AvailableMaximum LeverageMinimum Trade SizeKey Restrictions
ForexCurrency pairs (Majors, Minors, Exotics)1:500 (1:30 under ASIC)0.01 lotsASIC retail leverage limits apply to Australian accounts
StocksUS Share CFDs1:200.01 lotsCFD trading only; no physical stock ownership or voting rights
IndicesGlobal equity indices (e.g., S&P 500)1:1000.01 lotsCash CFD contracts with index-specific trading sessions
CommoditiesPrecious metals (Gold), softs, and energy CFDs1:500 for Metals, 1:100 for Energies/Softs0.01 lotsDifferent leverage caps apply across metal and energy categories
CryptocurrenciesCryptocurrency CFDs1:50.01 lotsRestricted leverage cap and elevated underlying asset volatility

Information on this area is not publicly disclosed regarding additional asset classes beyond the five primary CFD categories listed above.

Leverage, Margin and Risk Controls

Maximum Leverage

Available leverage at Fusion Markets reaches up to 1:500 on forex pairs and precious metals like gold, though actual limits depend heavily on regulatory jurisdiction and asset type. Retail accounts under ASIC in Australia are capped at 1:30 for major currencies. For non-forex CFDs, maximum leverage stands at 1:100 on indices and energies, 1:20 on equity CFDs, and 1:5 on cryptocurrencies. Higher leverage lowers initial margin requirements, but it proportionally increases capital risk.

Margin Calls and Stop-Out Levels

The broker sets its margin call threshold at 90%, triggering warning notifications when account equity drops to that level relative to required margin. A mandatory stop-out takes effect at 20%. Should equity fall to or below that 20% mark, the trading server automatically liquidates open positions to help prevent total balance loss.

Risk Management Tools

Accounts include standard order-level risk controls, such as stop-loss and take-profit orders, alongside full hedging support across all platforms. Traders can hedge positions without extra margin penalties, and the broker enforces no restrictions on scalping or news-driven trading. Statutory negative balance protection is limited to retail accounts regulated by ASIC, ensuring losses cannot exceed deposited funds, whereas clients under VFSC or FSA offshore regulation trade without this automated balance guarantee.

Deposits and Withdrawals

4.4/5

How to Fund Your Account

Funding options include Visa, Mastercard, bank wire transfers, PayPal, Skrill, Neteller, Interac, Apple Pay, Sticpay, DragonPay, DuitNow, Fasapay, Pix, and MPESA. While Fusion Markets maintains a general $0 minimum deposit policy, specific payment methods may apply local thresholds, such as a $1 minimum on Pix transactions. Card, digital wallet, and cryptocurrency deposits process immediately, while standard wire transfers typically take 1 to 5 business days. Accounts can be opened in 14 base currencies, including USD, AUD, EUR, GBP, CAD, JPY, and CHF, and deposits incur $0 in broker fees.

How Withdrawals Work

Clients can request payouts via wire transfer, PayPal, Skrill, Neteller, Interac, DragonPay, and supported cryptocurrencies (Bitcoin, Bitcoin Cash, Litecoin, Ethereum, Tether, and Ripple). Fusion Markets assesses a $0 withdrawal fee on payouts. Payout processing takes under 24 hours for crypto and e-wallet requests, 1 to 2 business days for domestic bank transfers, and 3 to 5 business days for international wire transfers. Standard anti-money laundering compliance requires verified KYC documentation (government-issued photo ID and proof of residence) before any withdrawal request is approved.

Deposit Methods

Apple Pay
Apple Pay
DragonPay
DragonPay
DuitNow
DuitNow
Fasapay
Fasapay
Interac
Interac
Mastercard
Mastercard
MPESA
MPESA
Neteller
Neteller
PayPal
PayPal
Pix
Pix
Skrill
Skrill
Sticpay
Sticpay
Visa
Visa
Wire Transfer
Wire Transfer

Withdrawal Methods

Bitcoin
Bitcoin
Bitcoin Cash
Bitcoin Cash
DragonPay
DragonPay
ERC20
ERC20
Ethereum
Ethereum
Interac
Interac
Litecoin
Litecoin
Neteller
Neteller
PayPal
PayPal
Ripple
Ripple
Skrill
Skrill
Tether
Tether
Wire Transfer
Wire Transfer

Customer Service

3.9/5

Ways to Contact Fusion Markets

  • Live Chat: Available on the website and client portal
  • Email: [email protected]
  • Phone: +61 3 8376 2706
  • Support Hours: 24/7
  • Supported Languages: English, Thai

What Customers Say About Fusion Markets Support

Feedback across public review aggregators is largely positive, with Fusion Markets averaging 4.8 out of 5 across more than 9,000 customer submissions. Favorable comments frequently praise fast live chat responses and smooth onboarding assistance during identity verification. Multiple users report having account-level issues and technical inquiries resolved within minutes.

Conversely, a minority of reviews cite frustration regarding funding delays and slower communication during payment tracking investigations. Several clients note having to wait for manual reconciliation when automated deposit credits failed to post immediately.

"Great broker, low commissions, quick withdrawals, have been using them for a long time and wouldn’t trade with any other broker. Customer service is great too, they respond within seconds in the chat, and Earl just helped me out. Very happy with the broker."
"The support was terrible; I felt like they were refusing to help me just to be difficult. While the platform itself met my expectations for the work, I’ve learned that support is absolutely vital; if I had issues just during a test run with funds, I hate to imagine what would have happened if I had deposited my actual working capital."
"I had an issue with my account verification because my account was originally registered using my initials, while my government-issued documents show my full legal name. I contacted support, and Patricia assisted me throughout the entire process. She was very patient, professional, and helpful."

Research, Analysis and Education

4.0/5

Market Research

Market analysis tools at Fusion Markets focus on foundational technical resources. Through Trading Central integration, clients receive pattern recognition indicators, sentiment indicators, and high-level market commentary alongside an economic calendar. The broker also publishes macroeconomic updates and technical perspectives covering key currency pairs and indices on its public blog. In-depth single-stock research and live intraday trade rooms are not provided.

Trading Education

Beginner educational material is gathered in a "Learn" section on the firm's website. Content includes introductory articles, platform walkthroughs for MT4, MT5, and cTrader, basic trading mechanics for forex and CFDs, and occasional webinars covering core risk management. These resources explain fundamental terminology clearly, though the library lacks advanced curriculum or institutional trading strategy material.

Who Is Fusion Markets Best For?

Beginners

A $0 minimum deposit requirement, full demo access, and 24/7 customer service make opening an account accessible for newer traders. However, because the broker does not provide a proprietary beginner-focused trading platform, newcomers must learn third-party platforms like MetaTrader or cTrader, supported by a relatively basic educational library.

Active Traders

The Zero Account serves high-turnover trading well by combining raw spreads with a competitive $2.25 per lot per side commission rate. In addition, the complete absence of deposit, withdrawal, and inactivity fees helps reduce ongoing overhead for frequent traders operating across multiple platform setups.

Scalpers

Scalping strategies are fully supported, as the broker enforces no trade duration minimums or restrictions on stop-loss placement. When paired with ECN-style routing and a low $4.50 round-turn commission on the Zero Account, high-frequency intraday setups face minimal execution constraints.

Algorithmic Traders

Developers and quantitative traders can deploy automated strategies through MetaTrader EAs, cTrader Automate, the cTrader Open API, or an institutional FIX API for qualifying accounts. Furthermore, meeting the monthly threshold of 20 lots in FX or metals unlocks sponsored VPS hosting at $0, keeping latency low without extra infrastructure costs.

Experienced Traders

Seasoned traders gain access to TradingView, MT4, MT5, and cTrader, alongside non-ASIC leverage up to 1:500, unconstrained hedging, and commission rebates starting at 15.11% through an invite-only Premium Program. The primary limitation for advanced portfolios is the absence of cash equities and physical assets, as the catalog consists exclusively of CFDs.

Fusion Markets vs Other Brokers

Broker Minimum Deposit Platforms Spread Type Markets Best For
Fusion Markets $0 TradingView, MetaTrader 4, MetaTrader 5, cTrader, WebTrader Floating Forex Pairs, Commodities, Indices, Cryptocurrencies, Stocks Fusion Markets is especially suitable for cost-conscious forex and CFD traders who prioritize low commissions and fast execution.
IC Markets $200 MetaTrader 4, MetaTrader 5, cTrader, TradingView, WebTrader Floating Forex Pairs, Indices, Commodities, Bonds, Stocks, Cryptocurrencies IC Markets is particularly relevant to scalpers, algorithmic traders, and high-volume users who place a strong emphasis on keeping spreads low.
FP Markets $100 MetaTrader 4, MetaTrader 5, cTrader, TradingView Floating Forex Pairs, Stocks, Indices, Commodities, Bonds, ETFs, Cryptocurrencies FP Markets is most attractive to active traders and scalpers who prioritize low spreads and access to multiple trading platforms.
Pepperstone $10 Pepperstone platform, MetaTrader 4, MetaTrader 5, cTrader, TradingView Floating Forex Pairs, Indices, Commodities, Cryptocurrencies, Stocks, ETFs Pepperstone is a strong fit for active forex and CFD traders who prioritize competitive pricing, a choice of trading platforms, and robust regulatory oversight.

Our Review Methodology

We assess brokers using our methodology, which combines our own data, broker documentation, regulatory records, pricing information, platform analysis, account information, and third-party customer feedback where specifically required. We evaluate areas including safety, trading costs, platforms, market range, accounts, leverage, deposits and withdrawals, customer service, research, education, and suitability for different trading styles. Where possible, important factual claims are checked against primary sources and dated because broker conditions can change.

Our Verdict on Fusion Markets

Low transaction costs define Fusion Markets' offering in the retail CFD and forex space. On the Zero Account, raw interbank spreads are matched with a straightforward $2.25 per lot per side commission rate, establishing one of the most competitive pricing baselines among modern NDD brokers. Removing secondary account expenses—including deposit, withdrawal, and inactivity charges, alongside a $0 minimum deposit—keeps barriers low for both modest retail accounts and high-volume automated strategies.

Platform support covers MetaTrader 4, MetaTrader 5, cTrader, and TradingView, giving traders a broad selection of third-party charting and execution software. Clear permissions for scalping, hedging, news trading, and automated EA deployment make the environment well adapted to technical trading styles, backed by third-party copy trading options.

Account protections depend heavily on which corporate entity handles onboarding. While Australian retail clients receive tier-1 ASIC oversight and statutory negative balance protection, international accounts opened under the FSA or VFSC entities trade with leverage up to 1:500 but forfeit mandatory negative balance safeguards. For prospective clients, determining whether the broker fits will largely hinge on how they weigh these jurisdictional differences against its aggressive fee structure.

Frequently Asked Questions

Q

Is Fusion Markets legitimate?

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Yes. Fusion Markets is a legitimate brokerage founded in 2019, operating under regulatory oversight from the Australian Securities and Investments Commission (ASIC), the Financial Services Authority (FSA) of Seychelles, and the Vanuatu Financial Services Commission (VFSC).

Q

How much money do I need to open an account with Fusion Markets?

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The broker requires a minimum deposit of $0 to open a live trading account, allowing clients to begin funding with whatever amount suits their budget.

Q

Does Fusion Markets charge commission?

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Yes, depending on the account type. The Zero Account charges a flat commission of $2.25 per standard lot per side ($4.50 round-turn) on Forex and Metals, while the Classic Account is commission-free with costs included in the spread.

Q

Can I trade with Fusion Markets on my phone?

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Yes. Mobile trading is supported through official iOS and Android applications available for MetaTrader 4, MetaTrader 5, and cTrader.

Q

Can I use automated trading at Fusion Markets?

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Yes. Automated trading is supported via Expert Advisors on MetaTrader, cTrader Open API, institutional FIX API for qualifying volumes, and sponsored VPS hosting solutions.

Q

How long does a Fusion Markets withdrawal take?

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Withdrawals via e-wallets and cryptocurrency are typically processed within 24 hours, local bank transfers take 1-2 business days, and international bank-wire withdrawals generally require 3-5 business days.

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Lead investigator

On record
Nadia Laurent author Nadia Laurent Open Author File

Nadia Laurent is an independent broker reviewer and financial markets writer specializing in clear, unbiased evaluations of online trading platforms. Her work focuses on transparency, trading costs, platform experience, regulation, and the overall quality of services offered to traders.

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