Is Fusion Markets a Good Broker?
Our Overall Verdict
Fusion Markets is an Australian-headquartered brokerage established in 2019 that focuses primarily on low-cost forex and CFD execution. Operating on a hybrid ECN/STP No Dealing Desk model, the broker offers competitive commission structures on its Zero Account, flat pricing, and zero non-trading fees for deposits, withdrawals, and inactivity. With regulatory oversight under authorities including ASIC in Australia, the FSA in Seychelles, and the VFSC in Vanuatu, the broker presents a structured regulatory framework, though negative balance protection is restricted to retail accounts under Australian jurisdiction. Platform options are comprehensive, including MetaTrader 4, MetaTrader 5, cTrader, and TradingView integration, alongside robust automated and copy trading capabilities.
Who Should Use Fusion Markets?
- Active day traders and scalpers seeking tight raw spreads and low round-turn commissions.
- Algorithmic and EA traders who require cTrader Open API, FIX API, or sponsored low-latency VPS options.
- Traders who value multi-platform access, including TradingView charts and MetaTrader environments.
- Cost-sensitive traders looking for zero account minimums, zero deposit fees, and zero inactivity charges.
Who Should Avoid Fusion Markets?
- Traders residing in restricted jurisdictions such as the United States, Japan, New Zealand, or Spain.
- Offshore retail traders seeking guaranteed negative balance protection, which is only afforded under ASIC.
- Traders who prefer a proprietary bespoke desktop trading terminal rather than third-party platforms.
- Investors looking to trade physical deliverable equities rather than CFDs.
Strengths
- Low commissions of $2.25 per lot per side ($4.50 round turn) on the Zero Account
- Broad platform selection comprising MetaTrader 4, MetaTrader 5, cTrader, and TradingView
- No minimum initial deposit requirement and zero fees for deposits, withdrawals, or inactivity
- Support for advanced strategies including scalping, hedging, news trading, and automated EAs
Weaknesses
- Negative balance protection is provided strictly to retail clients registered under ASIC
- Clients in several major regions, including the United States, Japan, and New Zealand, cannot open accounts
- No proprietary charting platform, relying on third-party software for day-to-day execution
- Educational courses are comparatively limited relative to specialized beginner brokerages
Is Fusion Markets safe?
8/10Regulation and Licenses
Fusion Markets was established in 2019 and is headquartered in Melbourne, Australia. The broker operates under several regulatory bodies across multiple jurisdictions. In Australia, it is regulated by the Australian Securities and Investments Commission (ASIC). Internationally, trading services are provided through entities licensed by the Financial Services Authority (FSA) of Seychelles and the Vanuatu Financial Services Commission (VFSC) under licence number 40256. It is a privately owned brokerage operated by its founders and associated corporate entities, including Gleneagle Asset Management Pty Limited, and is not publicly traded on any exchange.
Client Protection
Client money protection standards are maintained through segregated trust accounts. Client deposits are kept separate from the firm's operational balance sheets at tier-1 banking institutions, notably the National Australia Bank (NAB) and HSBC. Under ASIC rules, these funds cannot be utilized for operating expenses or counterparty hedging. Furthermore, negative balance protection is extended to retail clients regulated by ASIC to prevent account balances from falling below zero during severe market swings; however, negative balance protection is not guaranteed for international accounts registered under the FSA or VFSC entities. For eligible retail clients of Fusion Markets EU Ltd, protection is provided under Cyprus' Investor Compensation Fund (ICF) up to €20,000.
Regulatory History
Information on this area is not publicly disclosed.
Fusion Markets at a Glance
Fusion Markets is a retail and professional CFD broker founded in 2019 with its main headquarters at Level 10, 627 Chapel St, Victoria 3141, Australia. The brokerage provides access to global markets through a No Dealing Desk (NDD) framework, delivering hybrid ECN and STP order routing. It supports multiple account configurations, including raw spread accounts with commission fees of $2.25 per lot per side, as well as zero-commission spread-only accounts. Clients can access over five asset classes across TradingView, MetaTrader 4, MetaTrader 5, and cTrader. Fusion Markets does not impose deposit minimums or inactivity penalties, and processes customer support inquiries around the clock.
How Much Does It Cost to Trade With Fusion Markets?
7.8/10Spreads and Commissions
Trading expenses at Fusion Markets depend on the chosen account model. The Zero Account delivers raw floating spreads starting from 0 pips with a fixed commission charge of $2.25 per lot per side ($4.50 round turn) on forex and metals. The Classic Account is commission-free, with the broker's margin integrated into wider spreads. On average, floating spreads stand at 1.1 pips for EURUSD, 0.9 pips for GBPUSD, 0.1 pips for Gold (XAU/USD), and 0.33 points for the S&P 500 CFD. Trading on US Share CFDs and Cryptocurrencies generally carries a $0 commission, with costs captured solely via the spread.
Other Trading and Non-Trading Fees
Fusion Markets maintains a cost-effective non-trading fee schedule. There are zero deposit fees, zero withdrawal fees, and no account maintenance or inactivity penalties regardless of how long an account remains dormant. Standard overnight swap fees apply to leveraged positions kept open past market rollover, calculated on base interest rate differentials. Currency conversion fees are applied when funding an account, requesting withdrawals, or executing trades in currencies distinct from the account's designated base currency, priced at liquidity provider exchange rates plus a small markup. For Swap-Free Islamic accounts, daily interest is omitted, though administrative fees can apply to positions kept open longer than seven days.
What Is It Like to Trade With Fusion Markets?
10/10Trading Platforms
Fusion Markets does not use a proprietary charting terminal, opting instead to support widely recognized third-party interfaces. Traders can select from the following options:
- TradingView: Directly integrated, allowing traders to trade from advanced charting workspaces with community-driven indicators and custom Pine Script execution.
- MetaTrader 4 (MT4): A standard platform for technical charting and algorithmic trade management via Expert Advisors (EAs).
- MetaTrader 5 (MT5): A multi-asset terminal offering expanded timeframes, a built-in economic calendar, and improved backtesting capabilities.
- cTrader: Known for its clean user interface, level II market depth, and fast execution speeds.
- WebTrader: Accessible directly through web browsers without installing local software.
Mobile trading is fully supported via verified branded applications on both Google Play and Apple App Store, in addition to standard mobile builds for MT4, MT5, and cTrader.
Execution and Trading Tools
Orders are routed via a No Dealing Desk (NDD) infrastructure that routes positions straight to tier-1 liquidity sources. High-speed market execution is provided across all terminals, with support for market volatility tools such as the Trading Central suite and integrated economic calendars. While slippage can occur when order fill prices diverge from initial requests during periods of high market movement, the broker allows full order management flexibility without artificial holding periods.
Automated and Copy Trading
Traders employing automation can utilize built-in Expert Advisors on MT4/MT5 or leverage cTrader Open API to build bespoke trading applications. Institutional traders meeting specific volume criteria can access direct FIX API connectivity. VPS hosting is provided via NYC Servers, FXVM, and MetaQuotes, featuring a 20% to 25% discount, or fully sponsored at no cost for clients trading more than 20 lots of FX or Metals within a 30-day window. For social and copy trading, Fusion Markets provides its proprietary Fusion+ network alongside third-party platforms including DupliTrade and Myfxbook AutoTrade.
What Can You Trade at Fusion Markets?
5.9/10Forex and CFDs
Fusion Markets offers a diversified selection of contract-for-difference (CFD) products. In the currency markets, clients can trade major, minor, and exotic forex pairs with fractional pip pricing, raw spreads from 0 pips on the Zero Account, and a minimum lot size of 0.01.
Stocks, Indices, Commodities and Other Markets
Beyond foreign exchange, the broker provides market access across several core financial segments:
- Commodities: Precious metals such as Gold (XAU/USD) with average spreads of 0.1 pips, along with soft commodities and energy markets.
- Indices: Global equity indices, including cash and futures index CFDs such as the S&P 500 CFD.
- Stocks: Share CFDs covering major equity markets, including US-listed equities with zero commission.
- Cryptocurrencies: CFD contracts on popular digital assets accessible without direct token custody.
Fusion Markets Accounts and Leverage
9.2/10Available Account Types
Fusion Markets offers account options tailored to distinct trading preferences:
- Zero Account: Geared toward day traders, scalpers, and automated systems requiring raw interbank spreads starting at 0 pips alongside a $2.25 per lot per side ($4.50 round turn) commission on forex and metals.
- Classic Account: Suited for traders who prefer simplified pricing, incorporating all execution fees directly into the floating spread without separate trade commissions.
- Islamic Account: Swap-free accounts designed for clients adhering to Sharia principles, replacing overnight rollover fees with an administrative fee on positions held beyond seven days.
- Demo Account: Available across MT4, MT5, and cTrader for strategy testing, practice, and forward-testing under market conditions.
The client onboarding process is fully digital, requiring standard Know Your Customer (KYC) identity verification, including proof of identity and proof of address. Account management, deposits, and profile settings are handled via the Fusion Hub client portal.
Minimum Deposit
The official minimum deposit requirement is $0. Clients can open an account and deposit any chosen sum using their preferred payment route. Base currencies supported across accounts include AUD, CAD, EUR, GBP, JPY, THB, SGD, USD, NOK, SEK, CZK, HUF, CHF, and DKK.
Leverage and Margin
Leverage configurations vary by regulator and instrument. For clients under ASIC in Australia, retail leverage on major forex pairs is capped at 1:30. For international clients registered under FSA (Seychelles) or VFSC (Vanuatu), the maximum leverage reaches up to 1:500 on forex and precious metals. Asset-specific caps include 1:100 for commodities and indices, 1:20 for share CFDs, and 1:5 for cryptocurrencies. The margin call level is set at 90%, with an automatic stop-out triggered if account margin drops to 20%.
Depositing and Withdrawing Money at Fusion Markets
8.8/10Deposit Options
Fusion Markets offers a variety of funding channels without charging internal deposit fees. Available methods include Wire Transfer, Visa, Mastercard, PayPal, Skrill, Interac, Apple Pay, Neteller, Sticpay, DragonPay, DuitNow, Fasapay, Pix, and MPESA. Card payments, e-wallets, and crypto transfers provide instant processing, while bank wire transfers generally take between 1 and 5 business days to clear.
Withdrawal Options
Withdrawals are processed without broker-side fees through Wire Transfer, PayPal, Skrill, Interac, Neteller, DragonPay, Bitcoin, Bitcoin Cash, Litecoin, Ethereum, ERC20, Tether, and Ripple. Processing intervals vary by method: crypto and e-wallet withdrawals are usually completed within 24 hours, local bank transfers settle in 1 to 2 business days, and international bank-wire payouts typically take 3 to 5 business days.
Deposit methods
Withdrawal methods
How Good Is Fusion Markets Customer Support?
7.8/10Support Channels and Availability
Customer service at Fusion Markets operates 24/7. Support agents can be reached through multiple communication channels, including web-based live chat, direct email at [email protected], and phone assistance at +61 3 8376 2706. Inquiries are handled primarily in English and Thai.
Our Support Experience
Our editorial assessment ranks customer support at an internal score of 7.8 out of 10. Live chat responses are typically delivered within minutes, providing direct answers regarding account setup, identity verification, and platform technical configurations without redirecting traders through unnecessary bureaucratic steps.
Fusion Markets Research and Educational Tools
7.9/10Fusion Markets organizes its educational and research content around a dedicated Learn section, regular blog publications, and analytical webinars. Technical market research is bolstered by integration with the Trading Central suite, supplying automated pattern recognition, market sentiment gauges, and daily technical insights. For economic tracking, the broker supplies interactive economic calendars that detail high-impact announcements and scheduled data releases. Our editorial scoring awards Fusion Markets a 7.9 out of 10 for Market Research and 10 out of 10 for Trading Platforms & Tools.
Is Fusion Markets Right for Your Trading Style?
Fusion Markets for Beginners
Beginners can benefit from the $0 minimum deposit requirement, free demo accounts, zero inactivity fees, and responsive 24/7 customer service. However, because the broker relies primarily on third-party analytical suites rather than simplified beginner platforms, novices may face a learning curve when configuring MT4, MT5, or cTrader.
Fusion Markets for Day Traders and Scalpers
Fusion Markets is well suited for day traders and scalpers. The Zero Account offers tight floating spreads from 0 pips paired with low $4.50 round-turn commission costs. There are no restrictions on trade holding duration, stop-loss distances, or scalping during high-impact economic announcements.
Fusion Markets for Algorithmic Traders
Algorithmic traders have access to comprehensive automated trading infrastructure. In addition to MT4/MT5 Expert Advisors, the broker supports the cTrader Open API, institutional FIX API connectivity, and discounted or volume-sponsored VPS hosting solutions via NYC Servers, FXVM, and MetaQuotes.
Fusion Markets for Experienced Traders
Experienced market participants can capitalize on multi-asset CFD markets, flexible hedging execution, deep liquidity through an NDD hybrid model, multi-platform charting across TradingView, and access to an invite-only Premium Program that offers commission rebates starting from 15.11% for high-volume trading.
What Do Traders Say About Fusion Markets?
Common Positive Feedback
Traders frequently highlight the low commission fees on the Zero Account and the tight raw spreads on currency pairs and gold. Many users report smooth, prompt experiences with account verification and praise the responsiveness of the 24/7 customer support desk over live chat. Furthermore, traders appreciate the zero-fee deposit and withdrawal policy along with the availability of TradingView and cTrader alongside traditional MetaTrader terminals.
Common Complaints
Among less favorable feedback, some traders express frustration regarding administrative delays when resolving complex account verification questions or tracking certain banking transfers. Others note the absence of guaranteed negative balance protection for accounts registered under offshore regulatory entities, as well as the lack of weekend trading availability on traditional asset classes.
Trustpilot and App Store Ratings
| Platform | Rating | Number of Reviews |
|---|---|---|
| Trustpilot | 4.8/5 | 9095 |
| Google Play | ||
| App Store |
How Fusion Markets Compares With Other Brokers
| Broker | Minimum Deposit | Maximum Leverage | Regulation | Trading Platforms |
|---|---|---|---|---|
| Fusion Markets | 0 | 500 | ASIC, FSA, VFSC | TradingView, MetaTrader 4, MetaTrader 5, cTrader, WebTrader |
| IC Markets | 200 | 1000 | ASIC, CySEC, FSA, SCB | MetaTrader 4, MetaTrader 5, cTrader, TradingView, WebTrader |
| Pepperstone | 10 | 1000 | ASIC, SCB, CySEC, DFSA, SCA, BaFin, CMA, FCA | Pepperstone platform, MetaTrader 4, MetaTrader 5, cTrader, TradingView |
| FP Markets | 100 | 500 | ASIC, CySEC, FSCA, FSA | MetaTrader 4, MetaTrader 5, cTrader, TradingView |
| Eightcap | 100 | 500 | ASIC, CySEC, FSA, FCA, SCB, FSC | MetaTrader 4, MetaTrader 5, TradingView, TradeLocker |
Final Verdict on Fusion Markets
Fusion Markets has established a solid reputation as a low-cost, transparent brokerage tailored toward retail and institutional CFD traders. Its primary competitive advantage lies in its fee architecture: flat $2.25 per lot per side commissions on the Zero Account, no deposit or withdrawal fees, no minimum deposit threshold, and zero inactivity charges. The availability of TradingView, cTrader, MT4, and MT5 ensures broad compatibility with various trading methods, from manual chart trading to high-frequency algorithmic models. While retail negative balance protection is limited to clients under ASIC jurisdiction and educational materials are moderately basic, Fusion Markets represents a practical, cost-effective choice for self-directed traders seeking lean execution costs and flexible platform access.
Fusion Markets FAQs
Fusion Markets does not impose a mandatory minimum deposit requirement to open a live trading account, allowing clients to deposit whatever amount fits their budget.
Fusion Markets is regulated by the Australian Securities and Investments Commission (ASIC) in Australia, the Financial Services Authority (FSA) in Seychelles, and the Vanuatu Financial Services Commission (VFSC).
Clients can trade using TradingView, MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, and WebTrader across desktop, web, and mobile devices.
No, Fusion Markets does not charge any account maintenance fees, inactivity fees, or withdrawal fees.
Fusion Markets provides two primary live retail accounts: the Zero Account, which features raw spreads and a flat commission, and the Classic Account, which incorporates all brokerage charges directly into the spread.
Retail clients registered under ASIC are capped at 1:30 for major forex pairs, while international clients registered under offshore entities like FSA and VFSC can access leverage up to 1:500.
Yes, Fusion Markets allows scalping, hedging, news trading, and automated algorithmic strategies across all supported trading platforms without holding-time restrictions.
Yes, client funds are held in segregated trust accounts at tier-1 financial institutions, including the National Australia Bank (NAB) and HSBC, fully separated from company operational capital.
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