Fusion Markets Review

Cost-focused forex and CFD traders

ASIC FSA VFSC

Founded 2019 · Australia

Why investors choose this broker

Zero account commission of $4.50 round-turn is below the industry average
No minimum deposit requirement
No deposit, withdrawal, or inactivity fees
Four major platforms: MT4, MT5, cTrader and TradingView

Review summary

Fusion Markets is an Australian CFD and forex broker offering MT4, MT5, cTrader and TradingView with low-cost Classic and Zero account pricing.

Pros

Zero account commission of $4.50 round-turn is below the industry average
No minimum deposit requirement
No deposit, withdrawal, or inactivity fees
Four major platforms: MT4, MT5, cTrader and TradingView
Free VPS hosting for traders executing 20+ lots per month
ASIC-regulated with client funds in segregated NAB accounts
Fusion+ copy trading service free for traders meeting minimum 2.5 lot/month threshold
24/7 live human customer support

Cons

No negative balance protection for clients under FSA or VFSC entities
No investor compensation scheme under any entity
Demo account expires after 30 days unless the live account is funded
Limited educational content compared to full-service brokers
Products limited to CFDs - no real stock or ETF ownership
High overnight swap rates relative to many competitors
cTrader and TradingView restricted to Zero account holders only

Company background

Fusion Markets is an Australian forex and CFD broker founded in January 2019 by CEO Phil Horner. Headquartered in Melbourne, Australia, it operates under FMGP Trading Group Pty Ltd for its ASIC-licensed entity. The broker focuses on low-cost trading, frictionless technology, and 24/7 human customer support. It offers over 250 tradable instruments across forex, indices, commodities, cryptocurrencies, and US share CFDs.

Fees and pricing

Fusion Markets offers two main account types. The Classic account charges no commission with EUR/USD spreads starting from 0.9 pips. The Zero account offers raw spreads from 0.0 pips and charges $4.50 round-turn per standard lot, which is below the industry average. A swap-free account is available for clients who require Islamic account conditions. There are no deposit, withdrawal, or inactivity fees, though third-party bank charges may apply on international wire transfers. US share CFDs and crypto CFDs are commission-free across both account types.

Daily swap rates apply to overnight positions. Fusion Markets notes its swap rates are higher than some competitors, which may affect suitability for swing or position traders.

Regulation and safety

Fusion Markets operates through three entities. FMGP Trading Group Pty Ltd holds ASIC AFSL No. 385620. Fusion Markets International Ltd is licensed by the FSA in Seychelles (SD096). Gleneagle Securities Pty Limited is registered with the VFSC in Vanuatu. Client funds for the ASIC entity are held in segregated trust accounts at the National Australia Bank. Negative balance protection applies only to ASIC-entity clients; FSA and VFSC clients do not have this protection. No investor compensation scheme is available under any entity.

Platform experience

Fusion Markets supports MetaTrader 4, MetaTrader 5, cTrader, and TradingView on desktop, web, and mobile. Classic account holders access MT4 and MT5; cTrader and TradingView are available to Zero account holders only. The proprietary Fusion+ copy trading service is available at no charge for traders meeting minimum lot requirements. A free VPS is provided for qualified traders executing 20 or more lots of forex or metals per month. Market analysis tools from Trading Central are integrated into the platform.

Pros and cons

Fusion Markets' main strengths are its low Zero account commission of $4.50 round-turn, the absence of deposit, withdrawal, and inactivity fees, access to four major platforms, and ASIC regulation with segregated client funds. The main drawbacks are the absence of negative balance protection for non-ASIC clients, no investor compensation scheme, higher-than-average swap rates, a limited educational offering, and demo account expiry after 30 days unless the live account is funded.

Ready to open an account at Fusion Markets?

Open an account directly with the broker. Confirm current fees and account eligibility on the broker's website before depositing.

Open Account

Your capital is at risk. Other fees apply.

Trading fees & commissions

Fusion Markets charges no commissions on the Classic account (spreads from 0.9 pips EUR/USD) and $4.50 round-turn per standard lot on the Zero account (raw spreads from 0.0 pips). There are no deposit, withdrawal, or inactivity fees.

Fees

Item	Fee
Cfds	Classic: spread-only pricing; Zero: raw spread plus $4.50 round-turn commission per standard lot; share CFDs commission-free
Swap	Daily swap rates apply to overnight positions; rates vary by instrument and position direction
Crypto	Commission-free on all crypto CFDs across both account types
Account	No account opening fee; no management fee
Deposit	Free across all 30+ funding methods
Inactivity	No inactivity fee
Withdrawal	Free; third-party bank charges may apply; international wire transfers may incur $20-$30 in bank fees

Trading platform & features

Platforms

MetaTrader 4
MetaTrader 5
cTrader
TradingView
Web app
iOS app
Android app

Regulation and investor protection

Fusion Markets operates through three entities: FMGP Trading Group Pty Ltd holds ASIC AFSL No. 385620, Fusion Markets International Ltd is licensed by the FSA in Seychelles (SD096), and Gleneagle Securities Pty Limited is registered with the VFSC in Vanuatu. Client funds for the ASIC entity are held in segregated trust accounts at the National Australia Bank.

Broker FAQs

Is Fusion Markets safe?

Fusion Markets' primary entity, FMGP Trading Group Pty Ltd, holds ASIC licence No. 385620 and holds client funds in segregated trust accounts at the National Australia Bank. Clients under the FSA (Seychelles) and VFSC (Vanuatu) entities have fewer regulatory protections.

Is Fusion Markets a scam?

No. Fusion Markets is a licensed broker regulated by ASIC in Australia, as well as the FSA in Seychelles and VFSC in Vanuatu. It has operated since 2019 without a record of regulatory action.

Is Fusion Markets regulated and by whom?

Yes. Fusion Markets operates through three entities regulated by ASIC (Australia, AFSL 385620), the FSA (Seychelles, SD096), and the VFSC (Vanuatu). The ASIC entity is the primary Tier-1 regulated entity.

Does Fusion Markets keep client funds in segregated accounts?

Yes. For the ASIC entity, Fusion Markets states client funds are held in segregated client trust accounts at the National Australia Bank.

What happens to my money if Fusion Markets goes bankrupt?

Fusion Markets does not participate in any investor compensation scheme under any of its three entities. Client funds for the ASIC entity are held in segregated accounts at NAB, which provides some insulation from broker insolvency, but there is no guaranteed compensation fund.

What products does Fusion Markets offer?

Fusion Markets offers CFDs on forex (90+ pairs), indices, commodities including metals and energy, US share CFDs (110+), and cryptocurrency CFDs (13+). The broker does not offer real stock or ETF ownership.

Does Fusion Markets offer forex trading?

Yes. Fusion Markets offers over 90 currency pairs including major, minor, and exotic pairs on both the Classic and Zero accounts.

Does Fusion Markets offer cryptocurrency trading?

Yes. Fusion Markets offers CFDs on 13+ cryptocurrencies including Bitcoin, Ethereum, and Ripple. Crypto CFDs are commission-free on both account types.

Does Fusion Markets offer share trading?

Fusion Markets offers CFDs on 110+ US shares through the MT5 platform with no commission. It does not offer real stock ownership or non-US equities.

What does Fusion Markets charge for forex trades?

On the Classic account, forex trades are commission-free with spreads from 0.9 pips on EUR/USD. On the Zero account, spreads start from 0.0 pips with a commission of $4.50 round-turn per standard lot.

Is there a withdrawal fee at Fusion Markets?

Fusion Markets does not charge a withdrawal fee. Third-party bank charges may apply on international wire transfers, typically in the range of $20-$30.

Does Fusion Markets charge an inactivity fee?

No. Fusion Markets does not charge an inactivity fee.

What is the minimum deposit at Fusion Markets?

Fusion Markets has no stated minimum deposit requirement for live accounts, although specific payment processors may impose their own minimum transaction amounts.

Does Fusion Markets have a demo account?

Yes. Fusion Markets offers a free demo account with $10,000 in virtual funds. The demo account expires after 30 days; if the live account is funded, the demo account access becomes unlimited.

Does Fusion Markets have a mobile app?

Yes. Fusion Markets supports mobile trading through the MetaTrader 4, MetaTrader 5, and cTrader mobile apps, available on iOS and Android. TradingView also has a mobile app.

Is Fusion Markets good for beginners?

Fusion Markets offers a free demo account and straightforward Classic account pricing, but provides limited educational content compared to full-service brokers. Beginners who need structured learning resources may find other brokers more suitable.

Is Fusion Markets good for long-term investing?

Fusion Markets' product range is limited to CFDs and does not include real stock or ETF ownership. Its above-average overnight swap rates make it less suitable for long-term or buy-and-hold investors.

Bottom line

Fusion Markets suits users who prioritise low trading costs, want access to multiple professional platforms, and are comfortable trading CFDs on forex, commodities, indices, shares, and crypto under ASIC regulation. It may not suit users who require real stock or ETF ownership, negative balance protection under non-ASIC entities, a rich educational offering, or low overnight swap rates for swing trading.

Fusion Markets

Cost-focused forex and CFD traders

Open Account

Your capital is at risk. Other fees apply.