Fusion Markets
- Written By thinkforexbrokers
- Updated:
If you’re a retail trader on the hunt for a low-cost broker with a solid range of forex pairs, Fusion Markets is definitely one to check out. In this review, we’ll walk you through all the key points to help you decide if they’re the right fit for your trading style. Licensed by ASIC, Fusion Markets has built a strong reputation, holding an impressive 4.7-star rating on Trustpilot. Even more telling—83% of those reviews are glowing 5-star ratings, while only 4% fall into the 1-star category.
Overall Summary Fusion Markets | |
Year Founded | 2017 |
Minimum Deposit | $0 |
Tradable Instruments | Forex, Energies, Precious Metals, Equity Indices, Commodities, US Stocks, Cryptocurrencies |
Open an Account | How to Open an Account at Fusion Markets |
Trading Costs | Spreads, Fees, and Commissions at Fusion Markets |
Key Pros and Cons
If you are looking for a quick snapshot of Fusion Markets, here are a few key pros and cons of trading with this broker.
- Key Pros
- Extremely low trading costs and non-trading fees
- Zero-spread accounts are available
- A no dealing desk (NDD) broker
- Leverage up to 1:500 outside Australia
- An excellent selection of 90+ forex pairs
- Great customer support
- Key Cons
- A limited selection of tradable instruments overall
- A limited range of research and learning materials
- Negative balance protection for ASIC customers only
- Fewer stock CFDs compared to most other brokers
Company Information
Fusion Markets is an Australian forex broker that first got its license in 2017. By June 2019, it officially opened its doors to traders. Behind the brand is a team of seasoned professionals bringing together more than 50 years of combined experience in the industry. The company operates under the trading name of Gleneagle Asset Management, which has been around since 2010.
The CEO of Fusion Markets, Phil Horner, started the company to provide clients with:
- A lower-cost structure for trading
- Friendly customer service
- Cutting-edge technology to improve their trading experience
The company has its headquarters based in Melbourne, Australia. It has a postal address in Vanuatu and is also looking to expand by opening more offices around the world.
Fusion Markets may be a young company having only had a trading licence for several years, but with a commitment to low trading costs, it is already making a huge headway in a crowded market.
Why Trade with Fusion Markets?
Here is a quick list of the important features that we like about Fusion Markets.
Aspect | What We Like |
Regulation | Regulation: Australia (ASIC), Vanuatu (VFSC), Seychelles (FSA) |
Trading | A strong selection of Forex pairs |
Pricing/costs | Extremely low trading costs with ZERO spread accounts available |
Platforms | MT4, MT5, TradingView, cTrader, DupliTrade |
No Minimum Account Size | Helpful for beginner traders to get started |
Customer Support | Offers 24/7 customer support via live chat, email, and telephone |
Regulation
When it comes to regulation, the rule of thumb is pretty simple the more licenses a broker holds, the better. Right now, Fusion Markets is regulated in three different jurisdictions.
One of its biggest strengths is its license from the Australian Securities and Investments Commission (ASIC), a highly respected tier-1 regulator. This means Fusion Markets has to meet some of the strictest standards in the industry, giving traders extra confidence and peace of mind.
The broker’s second license comes from the Vanuatu Financial Services Commission (VFSC). While VFSC isn’t a top-tier regulator, it still plays an important role allowing Fusion Markets’ non-Australian clients to trade with much higher leverage.
On top of that, Fusion Markets is also licensed by the Financial Services Authority (FSA) in the Seychelles.
Here is a breakdown of the regulators that oversee Fusion Markets:
Region | Entity | Authority | Year | |
 | Australia | FMGP Trading Group Pty Ltd | Australian Securities and Investments Commission (ASIC) | 2019 (reissued in 2024) |
| Vanuatu | Gleneagle Securities Pty Limited | Vanuatu Financial Services Commission (VFSC) | 2017 |
| Seychelles | Fusion Markets International Ltd | Financial Services Authority Seychelles (FSA) | 2019 |
It’s worth keeping in mind that Fusion Markets is still a relatively young player in the industry, so its regulatory history isn’t as long as some of the more established brokers. Even so, it has quickly built a loyal client base thanks to its transparency, competitive trading conditions, and commitment to following the rules.
That said, not everyone can trade with Fusion Markets. Traders from the United States, New Zealand, Spain, Ontario (Canada), Russia, and Japan are unable to open live accounts. And because the broker doesn’t yet hold licenses from major bodies like the FCA (UK) or CySEC (EU), clients don’t get the extra layer of investor protection these regulators offer if the company were ever to fail. It’s also worth noting that accounts under the FSA and VFSC licenses don’t come with negative balance protection for international clients.
Looking ahead, it’ll be interesting to see how Fusion Markets expands. Securing more top-tier licenses could not only bring in more traders but also boost consumer protection.
Regulation
4/5
- Regulated in Australia, Vanuatu, and Seychelles
- ASIC is a tier-one regulator, ensuring compliance with high standards
- The Vanuatu entity offers leverage of up to 1:500
- The Seychelles regulation means leverage of up to 1:500
KYC Procedure for Account Creation and Depositing
Opening a Fusion Markets account is quick and simple—you can set up your login in about a minute by entering your email and creating a password.
Once you’re in the client portal, you’ll already have access to tools like Trade Ideas and the latest market news.
Just keep in mind that this initial setup is only for a temporary account. To actually start trading, you’ll need to complete your profile with a few extra details. When we tested it, the full registration took around 10 minutes. Here’s exactly how we went through the process:
Select Your Login Credentials: enter a valid email address and choose a solid password.
Personal Information: provide your name, date of birth, and current residential address.
Choose Your Account Settings: select your account type (either Classic or ZERO), trading platform (MT4, MT5, TradingView, or cTrader) and the base account currency. You also get to choose a security question.
Verify Your Identity: you must upload a copy of your passport, driver’s licence, or ID card. You also need to provide proof of residence (utility bill or bank/credit card statement).
You don’t need to deposit anything to start trading on a demo account. But once your account is verified and you’re ready to trade with real money, you’ll need to make a deposit using one of the many available payment options—credit or debit cards, e-wallets, bank transfers, or even cryptocurrencies.
Overall, the sign-up process is smooth, quick, and hassle-free.
No Suitability Test to Pass
Another thing to keep in mind—Fusion Markets doesn’t require a suitability test during sign-up. In other words, you won’t be asked about your income sources, trading experience, or whether you understand how leverage works.
While this does make the registration process faster, it’s debatable whether skipping this step is a good thing. Most brokers include these questions to gauge a trader’s experience level before onboarding them.
When we signed up from outside Australia, we were automatically registered under the Vanuatu jurisdiction. This meant access to leverage as high as 1:500 for forex pairs and metals. However, it’s important to note that traders outside Australia don’t get negative balance protection—so there’s a bit more risk involved.
Account Opening
5/5
- Gain access to the client portal in less than a minute
- The signup process is quick, taking less than 10 minutes
- Signing up is simple, with no suitability test
- No minimum deposit requirements
Account Types
The ambition to keep clients’ trading costs low to the bear minimum is a key feature of trading with Fusion Markets. It has two main account types:
- The Classic account where trading fees are baked into the spread.
- The ZERO account where spreads are much tighter but commissions are charged on each trade.
Let’s now have a look at each of these accounts.
The Classic Account
This account is built with beginners in mind. The pricing is simple everything is included in the spread, so there are no extra commission fees to calculate before placing a trade. The trade off is that spreads are slightly wider, with a 0.9-pip markup added to the raw rate. In other words, the lowest spread you’ll ever get is 0.9 pips what you see is exactly what you pay.
The ZERO Account
Fusion Markets says this is their most popular account—and it’s easy to see why. The ZERO Account uses ECN execution, meaning spreads can be razor-thin, starting from as low as 0 pips. To make that possible, there’s a flat round-trip commission of $4.50 per standard lot (adjusted for smaller or larger trade sizes). For confident, active traders—especially day traders and scalpers—this setup can help cut overall trading costs and make every pip count.
Here are a few other account aspects that you may be interested in:
Fusion Markets Pro
This is the premium account at Fusion, available to customers registered under the Australian division. The account comes with the same low trading costs but with higher leverage and other added extras. Here is what you get:
- Leverage of up to 1:500 on forex, gold, and other metals.
- Priority customer support
- A dedicated account manager
- Volume and referral-based rebates
However, going pro at Fusion Markets comes with a trade-off—you lose the negative balance protection that retail clients have. To qualify for a professional account, you’ll need to meet certain requirements. Under the Wealth Test, that means having at least AU$2.5 million in net assets or earning a gross annual income of AU$250,000 for the past two years, with verification from a qualified accountant within the last six months.
Alternatively, you can take the Sophisticated Investor Test, which involves passing a knowledge quiz and proving substantial trading activity—20 trades per quarter with a notional volume of AU$1 million for four quarters over two years—or showing at least one year of professional experience in the financial sector.
Multi Account Manager (MAM/PAMM)
Professional traders at Fusion Markets can also manage funds for other clients through the broker’s MAM and PAMM solutions. These give managers the freedom to trade across unlimited accounts, whether in standard, mini, or micro lots. You can choose from different allocation methods—by lots, equity, or percentages—and there are no limits on strategies. Trading robots are also allowed, so you can fully automate your clients’ trades if you wish. The only extra cost is a small 0.1-pip markup on all products traded through MAM accounts to cover execution expenses.
Mini and Micro Trading Available
It’s also worth mentioning that Fusion Markets lets you trade in mini and micro lots, not just standard lots. A standard lot equals 100,000 units of the base currency, with each pip movement worth $10. A mini lot is 10,000 units, so each pip is worth $1, while a micro lot is just 1,000 units, making each pip worth $0.10. This flexibility is great if you want to start smaller or better manage your risk.
Demo Account
Fusion Markets offers demo accounts so you can practice with virtual funds before risking real money. By default, new demo accounts expire after 30 days, but if you fund your account, you can request to make it unlimited. That way, you can test as many trading strategies as you like without worrying about time limits. Just keep in mind, the demo is there to prepare you for the real thing.
Account Features Missing at Fusion Markets
While reviewing Fusion Markets, we found that some account features you might see with other brokers are missing here. Below are a few of the functions that aren’t available, which could play a role in your decision when choosing where to trade.
- Guaranteed Stop Loss Orders (GSLOs): Some brokers will offer GSLOs to traders (for an additional fee per trade). Fusion Markets does not offer this service.
Account Types
5/5
- 2 main account types, Classic and ZERO
- The Classic account is great for beginners
- The ZERO account keeps your trading costs low with tighter spreads
- Islamic accounts are available as well
Trading Fees and Other Costs
When picking a broker, fees are a big deal—they can seriously eat into your profits if they’re high. Generally, the lower the fees, the better, and this is one area where Fusion Markets really shines. With most brokers, you’ll run into two main types of fees:
- Trading Fees: spreads, commissions, and overnight financing charges
- Non-Trading Costs: account fees, currency conversion and inactivity fees
Let’s break these down to see how Fusion Markets fares.
Costs/Fees | What Is This? | With Fusion Markets |
TRADING FEES | ||
Spreads | The cost baked into the price of what you trade. A wider bid/ask spread means higher costs. | Spreads are very tight at Fusion Markers. Classic Account : The average spreads of 1.01 pips on EUR/USD are very competitive. ZERO Account : The average spread is only 0.11 pips for EUR/USD. |
Commission | A flat fee paid per position often used as an alternative to charging via the spread. | Classic Account: No commissions upon opening and closing a position. ZERO Account: The roundturn commission of $4.5 per standard lot is lower than what most other brokers charge. |
Financing Charges | The cost of holding a position open overnight | No extra fees are charged on top of the daily swaps rates. |
NON-TRADING FEES | ||
Deposit Fees | Fees charged by the broker to fund your account. | None at Fusion Markets (see more in Deposit Methods below) |
Withdrawal Fees | Fees charged by the broker to withdraw money from your account. | None at Fusion Markets (see Withdrawal Methods below) |
Inactivity Fees | Fees charged on dormant trading accounts. | None |
Spreads
Fusion Markets runs two different pricing models for its accounts:
- Classic Account: all charges are built into the spreads.
- ZERO Account: offers spreads as low as zero pips but charges a small commission.
The two accounts use the same spreads derived through ECN order execution, but the Classic account adds a markup of 0.9 pips to cover trading costs.
The website advertises the following average spreads for major forex pairs:
Instrument | Classic Account Average Spread(pips) Mark up*(pips) Total Pips | ZERO Account * Average Spread (pips) | ||
EUR/USD | 0.11 | 0.90 | 1.01 | 0.11 |
GBP/USD | 0.24 | 0.90 | 1.14 | 0.24 |
USD/JPY | 0.27 | 0.90 | 1.17 | 0.27 |
USD/CHF | 0.24 | 0.90 | 1.14 | 0.24 |
AUD/USD | 0.12 | 0.90 | 1.02 | 0.12 |
USD/CAD | 0.22 | 0.90 | 1.12 | 0.22 |
NZD/USD | 0.23 | 0.90 | 1.13 | 0.23 |
*added to the average spread to cover the costs of trading
** A round-trip commission of $4.50 per standard lot is also charged.
Let’s break down the trading costs for Fusion Markets’ two main account types. While many new traders start off with the Classic account, the ZERO account tends to win people over in the long run and the cost difference is a big reason why.
To keep things simple, let’s say you open and close a trade at the same price. Here’s what it would cost to trade one standard lot of EUR/USD (where 1 pip = $10) using each account type, based on the average spreads.
Classic Account
- Spread – 1.01 pips (0.11 pips + a 0.9-pip markup)
- TOTAL COST – 1.01 x $10 = $10.10 for one side and $20.20 per round-trip.
ZERO Account
- Spread – 0.11 pips
- Spread cost – 0.11 x $10 = $1.01
- Commission – $4.50 per round-trip
- TOTAL COST – ($1.01 x 2) + $4.50 = $6.52 per round-trip
In the Classic account, Fusion Markets adds a fixed 0.9-pip markup on top of the ECN spreads you’d get with the ZERO account. Let’s take a look at how these average Classic account spreads stack up against those from other major brokers for popular currency pairs.
Instrument | Fusion Markets Average | XM Average | AvaTrade Average | IG Markets Average | OANDA Average |
EUR/USD | 1.01 | 1.10 | 0.80 | 1.00 | 1.60 |
GBP/USD | 1.14 | 1.30 | 1.20 | 1.66 | 1.90 |
USD/JPY | 1.17 | 1.30 | 1.30 | 1.12 | 1.60 |
USD/CHF | 1.14 | 1.50 | 1.30 | 2.15 | 1.80 |
AUD/USD | 1.02 | 1.40 | 0.90 | 1.01 | 1.30 |
USD/CAD | 1.12 | 3.10 | 1.80 | 2.46 | 1.90 |
NZD/USD | 1.13 | 2.10 | 1.40 | 2.70 | 2.40 |
The table makes it clear that Fusion Markets’ Classic account offers impressively tight spreads compared to many competitors. For the seven major forex pairs, the broker’s pricing is highly competitive, with only a few small exceptions like the EUR/USD spread, which is slightly higher than what AvaTrade offers.
Commissions
On its ZERO account, Fusion Markets charges a roundturn commission of $4.50 per standard lot ($2.25 per side).
This means that:
- for one standard lot (100,000 units), you will pay a $4.50 commission to open and close the position.
- for one mini lot (10,000 units), you will pay $0.45 to open and close the position.
- for one micro lot (1,000 units), you will pay $0.045 to open and close the position.
A round-turn commission of $4.50 per standard lot at Fusion Markets is a real bargain. To put it in perspective, the same trade on a zero-spread account with XM would cost $3.50 each way, totaling $7, while HF Markets charges $6 for a similar trade. Even after factoring in the average EUR/USD spread of 0.05 pips, Fusion Markets still comes out on top with noticeably lower overall trading costs.
Simply put, their commission rates are among the lowest you’ll find.
Spreads & Commissions
5/5
- Classic account spreads are extremely competitive
- A roundturn commission of $4.50 only with ZERO accounts
Financing Charges
If you keep a leveraged trade open overnight, you’ll either pay or earn an overnight financing fee, also called a swap. This fee reflects the interest rate difference between the two currencies in your pair so depending on the rates, it can work for you or against you.
Fusion Markets doesn’t set these fees themselves. Instead, they come directly from their prime broker and liquidity partners. While some brokers sneak in an extra markup on top, Fusion Markets doesn’t which is a plus.
The swap amounts are calculated using what’s known as “tom-next rates.”
Deposit Fees
Fusion Markets doesn’t charge anything for deposits which is pretty standard in the trading world. You can check out the full list of options in the Deposit Methods section.
Withdrawal Fees
Fusion Markets doesn’t take a cut when you withdraw funds, no matter which payment method you use — a nice perk, considering many brokers still charge for things like bank transfers or making more than one withdrawal in a month. Just keep in mind, if you’re using an international bank transfer, any fees from the bank’s side aren’t in Fusion’s control. You can find all the details in the Withdrawal Methods section.
Inactivity Fees
Fusion Markets doesn’t hit you with inactivity fees a rare win in the world of online brokers. Many others will start charging you after just a few months of no trading, sometimes even tacking on extra admin fees. In this area, Fusion definitely earns full marks.
Inactivity Fees
5/5
- No inactivity charges
Overall on Fees
Fusion Markets ticks all the right boxes when it comes to fees. The spreads are sharp, commissions stay low, and there are no sneaky extras tucked into overnight financing or non-trading charges. All things considered, it’s easily one of the best brokers out there if keeping costs down is your priority.
Trading Fees and Other Costs
5/5
- Very tight spreads on Classic accounts
- Extremely low commissions on ZERO accounts
- No hidden costs on top of the daily swap rates
- No non-trading fees
Desktop Trading Platforms
Fusion Markets gives its clients access to the two industry heavyweights: MetaTrader 4 (MT4) and MetaTrader 5 (MT5). While many big brokers try to stand out by building their own trading platforms, Fusion keeps it simple and sticks with the trusted MetaTrader options.
Here are the available platforms:
- MetaTrader 4: MT4 is still considered the benchmark platform for retail traders.
- MetaTrader 5: MT5 is the upgraded version of MT4.
- WebTrader for MT4 and MT5: No need to download MT4/MT5 to your desktop computer as you conveniently can use the browser-based versions. You can access you account on any device as long as you have internet connection.
- TradingView: Renowned for its superior charting and social trading capabilities..
- cTrader: Suitable for advanced market analysis on desktop and mobile devices.
Few brokers can boast of offering as many third-party desktop platforms as Fusion Markets does.
Third-Party Trading Platforms
If you’ve been exploring brokers for a while, chances are you’ve already come across MetaTrader 4 (MT4) and maybe even used it. MT4 is seen as the gold standard for forex trading, and its upgraded sibling, MetaTrader 5 (MT5), builds on that reputation. Many brokers encourage traders to move to MT5 since it offers more features and a wider range of tradable instruments, including stocks.
MT4 is available in over 40 languages and is well-loved for its strong charting tools and technical analysis capabilities. It works smoothly on mobile devices too, giving you nearly the same experience as the desktop version. Plus, it supports fully automated trading through Expert Advisors (EAs).
MT5, on the other hand, takes things a step further. Along with forex, it lets you trade physical stocks and other exchange-traded products. It also brings several upgrades, including:
- More order types (6 on MT5 versus 4 on MT4)
- A larger number of timeframes (21 to choose from on MT5, and 9 on MT4)
- 38 technical indicators (30 on MT4)
- 44 graphical and annotation objects (versus 31 on MT4)
TradingView is a widely loved, web-based platform that blends powerful charting tools with a vibrant social network for traders and investors. Whether you’re into stocks, forex, or crypto, it’s packed with resources for both technical and fundamental analysis. You’ll find advanced charts, hundreds of indicators, and plenty of drawing tools to fine-tune your strategy—plus, you can share your own ideas and pick up insights from traders all around the world.
Launched in 2011, cTrader is another high-caliber platform, especially popular with ECN brokers. It’s sleek, fast, and designed for serious traders who value precision. With advanced charting capabilities, Level II pricing for deeper market insight, and lightning-fast order execution, it stands out as a pro-level option. cTrader also supports both manual and algorithmic trading through cBots, which you can build in C#, and offers advanced tools to manage orders efficiently.
Copy Trading with Fusion Markets
Fusion Markets also offers several copy trading services.
- Myfxbook AutoTrade is a dynamic social trading platform that empowers users to effortlessly follow and copy trades from a global community of traders.
- DupliTrade allows customers to duplicate the actions of other traders into their Fusion Markets MT4 accounts.
- Fusion+ is the proprietary copy trading software of the broker, enabling customers to earn passively by becoming copiers or signal providers. Clients with a combined monthly trading volume of 2.5 lots in currency pairs and metals can use the platform free of charge.
Desktop Platforms
5/5
- Offers MT4, MT5, cTrader, and TradingView
- Accessible in most browsers via WebTrader
- Copy trading is available via Fusion+ and DupliTrade
Mobile Trading Platforms
The MT4 and MT5 platforms are also accessible across mobile devices, and both are compatible with iOS and Android.
MT4 & MT5 Trading Apps
The mobile versions of MT4 and MT5 replicate the features of their desktop versions, allowing for excellent interaction between devices.
MT4’s 3 chart types and 30 technical indicators are fully supported, and it also features push notifications for trading alerts.
cTrader Mobile Trading App
If you prefer trading on the go, you can link your Fusion Markets account to cTrader—a solid, mobile-friendly platform that runs smoothly on Android 5.0 and above or iOS 12.0 and later. Its native mobile apps are packed with handy features like real-time price alerts, custom watchlists, and even a market sentiment gauge so you can keep a finger on the market’s pulse wherever you are.
For traders who love their charts, the app offers 65 popular technical indicators, 4 different chart types, and 16 drawing tools to fine-tune your analysis. Plus, with support for over 20 languages, cTrader mobile is accessible to Fusion Markets clients from all over the world.
Fusion Markets cTrader App for Android | Fusion Markets cTrader App for iOS | |
Minimum System Requirements | Android 5.0 and up | iOS 12.0 and up |
User Rating | n/a | 4.7 / 5.0 |
User downloads | 10K+ | n/a |
Supported Languages | 23 | 23 |
Forex Pairs | 90 | 90 |
Other Tradable Assets | Metals, Oil, Indices, Digital Assets, and more | Metals, Oil, Indices, Digital Assets, and more |
Features | QuickTrade Mode, Market Sentiment Indicator, 4 Chart Types, 5 Chart View options, 8 Chart Drawings, 65 technical indicators, Push and Email Alert Configuration, Trade Statistics, Price Alerts, Symbol Watchlists and more | QuickTrade Mode, Market Sentiment Indicator, 4 Chart Types, 5 Chart View options, 8 Chart Drawings, 65 technical indicators, Push and Email Alert Configuration, Trade Statistics, Price Alerts, Symbol Watchlists, and more |
Biometric Authentication | Yes | Yes |
2-Factor Authentication | Yes | Yes |
Mobile Trading
3/5
- Desktop-level functionality with the MT4 and MT5 mobile apps
Trading Instruments
When you browse through Fusion’s list of tradable instruments, it’s obvious that the broker has a strong focus on forex. The currency pair lineup is extensive and highly competitive, though other categories don’t offer the same depth. That said, Fusion appears to be working on diversifying its catalogue, hinting at future growth in its asset selection.
In total, the platform lists about 250 markets. The bulk of these are made up of forex pairs and individual company shares. There’s also a smaller menu of indices, a few commodities, and select cryptocurrencies — including Bitcoin, Ethereum, Dash, Ripple, and Litecoin. What you won’t find here are the more complex asset types, such as exchange-traded funds, options, or bonds.
Asset Class | Number of Tradable Instruments Available | |||
Fusion Markets | OANDA | AvaTrade | ||
Number | Selection | Number | Number | |
Forex | 90+ | Excellent | 48 | 53 |
Indices | 15 | Poor | 14 | 36 |
Commodities | 17 | OK | 9 | 19 |
Stock CFDs | 110 | Fair | 1,600+ | 640+ |
Cryptocurrencies | 13 | Ok | 13 | 17 |
ETFs | 0 | n/a | 350 | 67 |
Bonds | 0 | n/a | 62 | 2 |
Options | 0 | n/a | 0 | 87 |
Overall | 250+ | |||
Forex
Fusion Markets provides traders with access to more than 90 different forex pairs — a range that outshines many competitors, who typically list somewhere between 50 and 60.
When it comes to currency market variety, Fusion can easily hold its own alongside industry leaders like Forex.com. The broker’s catalogue covers a well-balanced mix of major, minor, and exotic pairs, giving traders plenty of options to explore.
Indices
Outside of the forex arena, Fusion’s lineup starts to feel a bit limited. Traders will find roughly 15 indices on offer, covering well-known benchmarks such as the S&P 500, FTSE 100, DAX 40, Nikkei 225, and ASX 200, among a few others.
Many competing brokers tend to provide a broader selection, often including a more extensive spread of U.S., European, and Asian indices. Some even feature synthetic basket indices for added variety. From what we’ve seen, the typical range at other firms sits between 15 and 20 index markets, giving them a slight edge in this area.
Stock CFDs
Fusion Markets gives traders the opportunity to speculate on the share prices of major U.S. companies through contracts for difference (CFDs), without the need to actually hold the underlying stocks. The MT5 platform provides access to just over 100 individual equities in this category.
While this is a reasonable amount, it’s not especially impressive — particularly for a broker that has chosen to offer stock CFDs. The list is exclusively focused on U.S. firms, with no European, Australian, or Asian names included. Unless the broker broadens this selection, it risks falling short of traders’ expectations. Adding to the limitations, Fusion doesn’t yet provide in-depth stock research tools, and direct ownership of physical shares isn’t available at this time.
Commodities
The commodities offering at Fusion Markets is a bit of a mixed bag. Alongside its 90+ forex pairs, the broker provides access to popular cryptocurrencies, equities, indices, precious and base metals, energy products, and a few soft commodities.
In the metals category, traders can choose from gold, silver, platinum, and palladium. Gold and silver are available against the euro, U.S. dollar, and Australian dollar, while five different base metals round out the list. Energy traders will find Brent Crude, WTI oil, and natural gas, and those looking for agricultural markets can trade coffee, wheat, cocoa, and sugar.
This is a fairly standard spread compared with what other brokers offer, though some competitors go further by including additional currency pairings for precious metals and a wider range of soft commodities.
Cryptocurrencies
Fusion Markets offers 13 different cryptocurrencies that can be traded as CFDs on margin, meaning you can speculate on price movements without owning the actual coins. The lineup features well-known names such as Bitcoin, Ethereum, Dash, and Ripple, along with several other popular digital assets.
While having more than 10 crypto options is certainly a plus, the selection still feels modest when compared to the much wider variety typically available at dedicated cryptocurrency brokers.
What You Cannot Trade
On the whole, we would say this is a limited selection of instruments as Fusion Markets currently does not quote prices for:
No ETFs, which is disappointing as most brokers will at least offer some ETFs through the MT5 platform.
No bonds, which are commonly offered by larger brokers with proprietary platforms.
No futures and options, sophisticated products preferred by professional and experienced traders.
Traded Instruments
3.5/5
- Overall, a slightly disappointing range of tradable markets
- An excellent selection of currency pairs
- Short on index and commodity markets
- Over a dozen cryptocurrency CFDs
- Offers CFDs on US stocks only (no EU or UK stocks)
Trade Execution
Fusion Markets operates as a no dealing desk (NDD) broker, routing orders directly to the market through an electronic communication network (ECN) even if the company doesn’t explicitly label it that way. This approach enhances transparency for clients while also delivering exceptionally fast trade execution.
One advantage of ECN execution is the extra level of trust it can provide. With a traditional dealing desk, the broker may choose to absorb the risk of a client’s trade or pass it to a liquidity provider — meaning the broker could end up on the opposite side of that trade. For some traders, this setup can be a concern. Fusion Markets avoids this altogether by operating under the ECN model, which removes that conflict and delivers the transparency many traders value.
Speed is another clear advantage of Fusion Markets’ ECN setup. By making use of Virtual Private Server (VPS) hosting, the broker can offer traders exceptionally quick order execution. Clients can tap into this through the MetaQuotes MT5 VPS service, which Fusion sponsors, or opt for well-known third-party providers like New York City Servers and FXVM.
Fusion Markets uses market execution for all client trades, meaning orders are filled at the next available price with no requotes. The maximum trade size allowed is 100 lots, though the broker suggests keeping positions under 50 lots to help reduce the risk of unnecessary slippage.
Trade Execution
4.5/5
- Uses the ECN pricing model
- Improves transparency and order execution speed
Deposits
As a broker with a global reach, Fusion Markets has no minimum deposit requirements and offers a reasonable selection of 14 different base currencies:
- Australian dollar (AUD)
- Canadian dollar (CAD)
- Euro (EUR)
- British pound (GBP)
- Japanese yen (JPY)
- Singapore dollar (SGD)
- Thai baht (THB)
- Norwegian krone (NOK)
- Swedish krona (SEK)
- Czech krona (CZK)
- Hungarian forint (HUF)
- Swiss franc (CHF)
- Danish krone (DKK)
- US dollar(USD)
Fusion Markets does not charge any fees for depositing money via debit/credit cards and bank wire transfers within Australia. While it also does not charge for international transfers, it warns traders may incur fees of $20 to $30 charged by their banks.
Deposit Methods
There is a wide selection of deposit methods available, including:
- Debit/Credit Card – Visa/Mastercard
- Bank Wire Transfers
- e-Wallets like Skrill, Neteller, Fasapay, Jeton Wallet, Perfect Money, MiFinity, Sticpay, PayPal
- Interac
- PayID
- Pix
- Cryptocurrencies via BinancePay
- DragonPay
- ZotaPay
- DuitNow
- DurianPay
- XPay
Some of these methods are available only to customers from specific regions. Funds will clear into your account instantly via Visa or Mastercard. However, international bank transfers typically take up to 5 business days to process.
There are no deposit bonuses available at Fusion Markets
Deposits
3.5/5
- No minimum deposit requirements
- 14 base currencies are supported
- No additional fees on deposits
- A good selection of payment options
- No deposit bonuses are available
Withdrawal Methods
Some brokers make withdrawing funds more complicated than it needs to be, but Fusion Markets keeps the process straightforward. There are no limits on when you can take money out, and requests can be made at any time.
In line with anti–money laundering rules, withdrawals are first sent back through the same payment method used for your initial deposit before any alternative payout options are considered.
Method | Clearing Time (includes 1 business day to process) | |
Debit/Credit Cards | 2-5 business days | |
Wire Transfer | 3 to 5 business days | |
Skrill/Neteller | 1 business day | |
Cryptocurrencies | Instant | |
Fusion Markets offers a variety of withdrawal options in addition to the original deposit method. Depending on your location, you may be able to use services such as Interac, PayPal, Jeton, DragonPay, MiFinity, and even cryptocurrencies.
Withdrawal requests are usually handled within one business day — or on the same day if submitted before 11 a.m. AEDT — which is a fast turnaround and a reflection of the broker’s attentive customer service. Once processed, funds typically arrive within one to five business days for debit and credit cards, and three to five business days for bank transfers.
Another positive is that Fusion Markets does not impose its own withdrawal fees. Many brokers add charges for multiple withdrawals per month or for wire transfers, but here, those costs are avoided. Domestic transfers within Australia are also free. That said, some international banks may still apply fees of $15 to $25 for incoming transfers, which is why the minimum withdrawal via bank transfer is set at $35. Withdrawals to credit cards, Skrill, and Neteller are likewise free of extra charges.
Withdrawal Methods
4.5/5
- Advertises instant withdrawals with e-wallets
- No withdrawal fees
Customer Support Contacts
Fusion Markets places a strong emphasis on customer service, making it a central part of its identity. The company openly states its mission to reshape traders’ expectations by providing “friendly support” that caters to all levels of experience.
One of its core values is simply to “Smile,” reflecting a light and approachable attitude toward client interactions. This philosophy carries through to the broker’s “White Glove Support” service, where live account holders are paired with their own trading specialist for guidance on using the platform — a particularly valuable resource for newcomers. For Fusion Markets Pro clients, support is taken a step further with a dedicated account manager.
Help is available through multiple communication channels, ensuring clients can get assistance in the way that works best for them.
Support Contact | Available | Response |
FAQs | 24/7 | On the website |
Fusion Markets Live Chat | 24/7 | Almost instant |
Telephone Contact | 24/7 | Within minutes |
Email Contact | 24/7 | Within a few hours |
FAQs: Like most broker websites, Fusion Markets features a detailed Frequently Asked Questions section. It covers a wide range of topics, including how to open an account, make deposits or withdrawals, trade on the platform, use the supported trading software, access general company information, and take advantage of the Fusion+ copy trading service.
Fusion Markets Live Chat: Wherever you are on the website, a quick click on the purple icon in the bottom-right corner opens the Live Chat window. This is the fastest way to get help, with support agents typically replying within seconds to address questions or resolve issues.
Telephone: If you prefer to speak to someone over the telephone, you can call them on +61 3 8376 2706.
Email: You can also contact the support staff via email at help@fusionmarkets.com or use the contact form available on the website. Just enter your details and they will email you back.
Support Contact
4/5
- Beginners will appreciate the professional support service
- A good and comprehensive FAQs section
- Live chat reps are also very helpful
- Email and phone support are also available
Research and Educational Materials
At Fusion Markets, the resources available to help traders generate ideas and expand their knowledge are a bit of a mixed bag. On the research front, there’s a solid variety of useful material available once you log into the client portal. However, the educational offering is less comprehensive and leaves some room for growth.
Here’s an overview of what the broker currently provides.
Research
Logging into the client portal, you will find an array of third-party content to help customers with their trading decisions. Much of the content is very useful. Here is what is available:
- Analyst Views: This is a white-labeled, third-party tool that provides trading ideas across forex, commodities, indices, and stocks. It offers insights into potential market direction, outlines possible scenarios, and highlights key support and resistance levels. Traders can also access it as a custom indicator within the MT4 and MT5 platforms.
- Technical Insight: Powered by Trading Central, this third-party tool delivers market outlooks and helps break down technical setups. It’s designed to make chart patterns and price action easier to understand, giving traders a clearer view of potential opportunities.
- News – Market Buzz: This AI-powered tool scans the web for content related to specific markets and compiles it into a single feed, complete with a sentiment gauge. Traders can also filter the results by source, choosing between established news outlets or independent bloggers.
- Economic Calendar: This tool lists upcoming fundamental economic events and data releases, while also providing a handy feature to gauge how these events have historically impacted volatility in specific markets.
It is, however, worth noting that Fusion Markets relies on third-party providers for its research content. There are no views or market strategy pieces written by any in-house analysts. This is aspect Fusion Markets could improve in.
Education
Since Fusion Markets doesn’t appear to have an in-house analyst team, it also lacks dedicated educational resources for traders, aside from a small blog section. Many brokers choose to license third-party educational content — whether videos or written guides — to cover the basics of trading, but that’s not currently the case here. This could be an area the company looks to develop as it expands.
For now, this means there are:
- No eBooks/educational materials: no written content or articles for traders to learn from.
- No video content: video content can help explain the concepts of trading and financial markets.
- No free webinars: a useful feature many novices would appreciate.
- No in-person seminars: another way of demonstrating a broker is looking to help traders improve their knowledge.
Therefore, we believe that the lack of educational content is disappointing. This is not ideal for beginner traders just starting on their journey and wanting to learn.
Research & Education
2.5/5
- A great third-party analytical content
- Limited educational content
- Trading calculators and an economic calendar
Security and Money Guarantees
At BestBrokers.com, we believe the safety of client funds should be a top priority when selecting a broker. In our view, Fusion Markets operates legitimately, and we have no concerns about the security of your money when trading with them. Here’s why:
- Top-level ASIC regulation
- Full segregation of client funds
- Negative balance protection for clients under the ASIC entity
Let’s break this down further.
One of the standout aspects of trading with Fusion Markets is its regulation under ASIC — a highly respected, top-tier financial authority. This oversight ensures the broker operates in a responsible, ethical, and compliant manner.
By law, Fusion Markets must keep client funds entirely separate from its own operational capital. While Australian law doesn’t technically guarantee these funds, ASIC rules require them to be fully segregated, which offers strong practical protection. All client money is held in segregated accounts with National Australia Bank (NAB), one of the top 50 banks worldwide.
Clients trading under the ASIC entity also benefit from negative balance protection, which prevents them from losing more than their deposited amount — a valuable safeguard, particularly for beginners.
It’s worth noting, however, that this protection does not extend to professional clients or those trading under the broker’s Vanuatu entity. Some competitors, like XM, choose to offer negative balance protection across all divisions.
Security of Funds
3.5/5
- The ASIC license improves client trust
- Client funds are fully segregated
- Negative balance protection only for Aussie traders
Conclusion
At BestBrokers.com, we believe that while Fusion Markets may be relatively new, it should not be quickly dismissed. We found much to admire, including:
- ECN order execution
- Competitively low trading costs
- An excellent selection of 90+ forex pairs
- No inactivity, deposit, and withdrawal fees
If your primary focus is forex and you’re looking for competitive pricing, Fusion Markets is a strong contender. With its stated plans for expansion, there’s clear potential for the broker to broaden and improve its range of services in the future.
That said, the limited educational material leaves something to be desired, particularly for beginners. On the positive side, traders do have access to a platform specialist who can assist with MT4 and MT5-related queries.
Overall
4.5/5
- ECN execution for improved speed and trust
- Excellent for forex traders
- Lacks in market diversity and educational content
- Extremely low trading costs overall
