How it compares
Fusion Markets review
Where Fusion Markets wins and loses against the rest of the field, spec by spec.
Last checked
Fusion Markets loses more of these comparisons than it wins, and it is worth seeing which, because a broker that is behind on cost and ahead on protection may still be the right pick for you. Regulated by ASIC (AFSL 385620); Seychelles FSA (SD096); Vanuatu VFSC (40256), offering MetaTrader 4, MetaTrader 5, cTrader, TradingView.
Our rating
One rating, identical across our sites - only the way it is shown changes. It averages six assessments: regulation, trading costs, platforms, markets, support and education.
What it costs to trade
9.6/10- Spread from
- 0.0 pips
- EUR/USD spread
- Dynamic; published through live/historical spread tool
- GBP/USD spread
- Dynamic; published through live/historical spread tool
- Commission
- $2.25 per side / $4.50 round turn, Zero
- All-in cost, EUR/USD
- Approx. 0.5 pips, Zero
- Spread type
- Variable
- Overnight swap
- Both: overnight swaps may be charged or credited
- Deposit fee
- $0
- Withdrawal fee
- $0
- Currency conversion
- Applicable where conversion is required
Cost comparisons only hold when the account types are the same, so this compares like with like.
A quoted spread from 0.0 pips is a raw-spread figure, which almost always means a separate commission per lot. Compare the two together - a "zero spread" account with a high commission can cost more than a wider spread with none.
Quoted spreads are best-case figures on the most liquid pair, in normal conditions. What you actually pay widens around news and at the session open.
Fusion Markets lists a minimum deposit of $0. Treat it as the cost of opening an account, not the cost of trading one - position sizing on a small balance is what tends to cause damage.
Markets and execution
8.0/10- Markets
- Forex, Shares, Indices, Commodities, Metals, Energies, Cryptocurrencies
- Currency pairs
- 90+
- Total instruments
- Hundreds
- Crypto CFDs
- Yes
- Maximum leverage
- 1:500
- Execution model
- No Dealing Desk
- Execution speed
- Low-latency; current benchmark independently measured
- Order types
- Market, limit, stop, stop-loss, take-profit, trailing stop and platform-specific orders
- Servers
- Low-latency institutional infrastructure
Leverage up to 1:500 is available on this entity. High leverage does not increase your expected return - it increases position size for the same deposit, and shortens the move needed to close you out.
Fusion Markets covers forex, shares, indices, commodities, metals, energies, cryptocurrencies. A wider range matters less than depth in the instruments you actually trade.
Funding options: bank transfer, visa/mastercard, paypal and numerous regional/electronic methods. Check withdrawal routes as well as deposit ones - they are often not the same, and the difference only becomes apparent when you try to take money out.
Platforms and tools
9.4/10- Platforms
- MetaTrader 4, MetaTrader 5, cTrader, TradingView
- Own platform
- No
- Mobile app
- MT4, MT5, cTrader and TradingView
- Browser trading
- Yes
- Automated trading
- Yes
- Copy trading
- Yes, Fusion+
- Indicators
- Extensive MT4/MT5, cTrader and TradingView libraries
- Third-party tools
- MT4, MT5, cTrader, TradingView
- API access
- Platform/institutional options available
MetaTrader 4 remains the most widely supported platform for expert advisors. If you rely on an existing EA, this is usually the deciding factor.
MetaTrader 5 handles more asset classes and order types than MT4, but expert advisors are not compatible between the two - an MT4 EA will not run on it.
cTrader shows depth of market and level II pricing, and is usually paired with raw-spread accounts rather than fixed-spread ones.
TradingView integration lets you trade from charts you may already use, removing the need to run a second platform for analysis.
Regulation and safety
9.2/10- Regulated by
- ASIC (AFSL 385620); Seychelles FSA (SD096); Vanuatu VFSC (40256)
- Regulator tier
- Tier 1
- Register entry
- ASIC Professional Registers, AFSL 385620
- Client money segregated
- Yes
- Held at
- National Australia Bank (NAB)
- Negative balance protection
- Yes
- Compensation scheme
- No statutory investor compensation scheme
- Audited by
- Not prominently disclosed
- Not available to
- Afghanistan, Congo, Iran, Iraq, Japan, Myanmar, New Zealand, North Korea, Ontario (Canada), Palestine, Russia, Spain, Somalia, Sudan, Syria, Ukraine, Yemen, United States and US territories
This is the comparison where brokers separate most sharply, and it is rarely close.
Fusion Markets holds a tier-one authorisation from ASIC. That matters more than any headline spread: it determines your leverage cap, whether losses can exceed your deposit, and what happens to your money if the firm fails.
It also operates an offshore entity (VFSC and FSA). Which one you are onboarded to depends on where you live, and the two carry very different protections - worth confirming before you deposit.
ASIC caps retail leverage at 1:30, requires negative balance protection, and obliges the broker to hold client money in a separate trust account.
Vanuatu's VFSC is an offshore licence with limited oversight and no compensation scheme. It is often the entity that offers the highest leverage.
An FSA licence here is usually the Seychelles authorisation - an offshore entity, with lighter obligations than a tier-one regulator.
Check the licence yourself: ASIC Connect, the Seychelles FSA list of regulated entities.
Accounts
- Minimum deposit
- $0
- Account types
- Zero, Classic, Swap-Free, Fusion Pro, Demo
- Account currencies
- AUD, USD, EUR, GBP, SGD, JPY and others depending on platform/entity
- Islamic account
- Yes
- Demo account
- Yes
- Professional account
- Yes, Fusion Pro
- Minimum trade size
- 0.01 lots
- Time to open
- Typically a few minutes, subject to verification
Deposits and withdrawals
- Deposit methods
- Bank transfer, Visa/Mastercard, PayPal and numerous regional/electronic methods
- Withdrawal methods
- Bank transfer, cards and supported electronic/local methods
- Deposit time
- Many electronic methods instant; bank wire 1-5 business days
- Withdrawal time
- 85% processed internally in under 1 hour
- Local payment methods
- 30+ funding options, country-dependent
Support and education
6.2/10- Support hours
- 24/7
- Contact channels
- Live chat, email, Help Centre
- Languages
- Multilingual
- Telephone
- N/A
- help@fusionmarkets.com
- Live chat response
- Typically within minutes
- Education
- Trading education, webinars, platform guides and learning resources
- Research
- Market commentary, webinars, trading tools and analysis
The company behind the brand
- Legal entity
- Fusion Markets International Ltd
- Company number
- Seychelles-registered company
- Headquarters
- Melbourne, Victoria, Australia
- Founded
- 2017
- Publicly listed
- No
- Parent company
- Fusion Markets Pty Ltd / Gleneagle group structure
- Employees
- Approx. 50-200
- Also trades as
- Fusion Markets
Questions people ask about Fusion Markets
How many instruments can I trade at Fusion Markets?
Fusion Markets lists Hundreds, across forex, shares, indices, commodities, metals, energies, cryptocurrencies. A long instrument list is worth little if the ones you actually trade are not on it, so the count matters less than the coverage.
Is Fusion Markets a market maker or does it pass orders through?
Fusion Markets runs a no Dealing Desk model, which means it takes the other side of your trade. That is not dishonest in itself, and it does mean its book and your position point in opposite directions.