Fusion Markets Review

Overview

Fusion Markets is a strong choice for active forex and CFD traders who prioritise low trading costs. Its Zero account combines spreads from 0.0 pips with a $2.25 commission per side, while traders can use MetaTrader 4, MetaTrader 5, cTrader or TradingView. There is also no broker-set minimum account size.

The main reason not to choose Fusion Markets is not pricing. It is the regulatory structure. Australian clients are served under an ASIC-regulated entity, while international clients may be served through entities regulated in Seychelles or Vanuatu. The protections therefore depend on which Fusion Markets legal entity holds your account.

Our verdict: Fusion Markets is particularly compelling for experienced forex traders, scalpers and cost-sensitive traders who already know what they want from MT4, MT5, cTrader or TradingView. The Zero account is the better choice for most active traders. The Classic account makes more sense if you value simpler spread-only pricing over the lowest possible trading cost.

This review is based on Fusion Markets' current published trading terms, regulatory information and independent testing. It does not pretend that we opened a live account or tested execution ourselves.

Fusion Markets at a glance

Fusion Markets offers more than 90 forex pairs and more than 250 instruments across forex, metals, indices, commodities, cryptocurrency CFDs and US share CFDs.

Is Fusion Markets legit?

Yes. Fusion Markets is a regulated forex and CFD broker, but the regulator covering your account depends on your location and the legal entity you contract with.

Fusion Markets lists three regulatory arrangements:

• Australian clients use Fusion Markets as a trading name of FMGP Trading Group Pty Ltd, operating under Australian Financial Services Licence 385620 and regulated by the Australian Securities and Investments Commission.
• Fusion Markets International Ltd is regulated as a Securities Dealer by the Financial Services Authority of Seychelles under licence SD096.
• Gleneagle Securities Pty Limited trading as Fusion Markets is regulated by the Vanuatu Financial Services Commission under company number 40256.

That distinction matters more than a generic statement that Fusion Markets is "regulated".

Australian retail CFD clients receive protections imposed by ASIC. These include leverage limits ranging from 30:1 on major currency pairs to 2:1 on cryptocurrency CFDs, margin close-out requirements and negative balance protection. ASIC has extended those measures until 23 May 2027.

Fusion Markets also says that client money is segregated and that negative balance protection prevents an account balance from falling below zero.

If you are an international trader, check the legal entity shown during registration. Do not assume that the Australian licence covers every Fusion Markets account.

Fusion Markets fees: How cheap is it actually?

Low trading costs are the strongest reason to choose Fusion Markets.

The broker has two primary pricing models.

Fusion Markets Zero account

The Zero account offers raw spreads from 0.0 pips and charges $2.25 per side. That is $4.50 for a round-trip trade of one standard forex lot. Fusion Markets positions this account at experienced and active traders.

For EUR/USD, one pip on a standard 100,000-unit lot is normally worth about $10. A $4.50 round-trip commission is therefore equal to roughly 0.45 pips before the actual spread is added.

If EUR/USD were available at a 0.0-pip spread when the trade executed, the approximate cost would be: `text $4.50 commission + $0 spread = $4.50 per standard lot `

Actual spreads change with market conditions. A 0.0-pip spread is a possible starting point, not a guaranteed trading cost.

Fusion Markets Classic account

The Classic account has no separate commission, but spreads start from 0.9 pips. Fusion Markets includes its charge in the spread.

Using the same one-lot EUR/USD example: `text 0.9 pips × approximately $10 per pip = approximately $9 `

At the advertised starting prices, the Zero account could cost around $4.50 less per standard-lot round trip.

The difference grows with trading volume:

These figures are examples, not guarantees. Market spreads change continuously.

Zero vs Classic account: Which should you choose?

We would choose the Zero account for serious forex trading. The Classic account removes the visible commission, but that does not make it cheaper.

The separate commission also makes the Zero account easier to analyse. You can track the fixed commission and the variable market spread as separate costs.

Are Fusion Markets spreads really low?

Fusion Markets advertises spreads from 0.0 pips, but the minimum spread is only one part of the picture. Traders should look at the spread available when they actually trade.

Independent testing by FXEmpire in January 2026 recorded a 0.0-pip EUR/USD spread on the Fusion Markets Zero account and found competitive pricing on several other markets. The same test recorded temporary widening in AAPL and TSLA spreads immediately after the New York market opened. Those spreads normalised shortly afterwards.

That matters to scalpers, news traders and automated strategies. A minimum spread tells you little about the price available during volatile periods.

Fusion Markets publishes a live and historical spread tool showing average, minimum and maximum spreads. The broker says the data is updated hourly and warns that the figures are indicative rather than guaranteed.

Before opening an account, check the average and maximum spread for the instruments you trade during your usual trading hours. A 0.0-pip minimum at 11:00 may mean little if your strategy runs during rollover or a major economic release.

Which trading platforms does Fusion Markets support?

Fusion Markets supports MetaTrader 4, MetaTrader 5, cTrader and TradingView. The choice is useful for traders who do not want to move to a broker's proprietary platform. MT4 remains a practical choice for forex traders with existing Expert Advisors, indicators or automated systems built for the MetaTrader 4 ecosystem. MT5 is the better choice if you want a newer MetaTrader environment or access to a wider range of instruments. Fusion Markets' US share CFDs are available through MT5.

cTrader suits traders who prefer its interface, order management and trading environment to MetaTrader. Fusion Markets supports direct trading through TradingView. The integration uses cTrader infrastructure for execution, so traders can analyse charts and place orders from the same platform. For anyone who already does most of their charting in TradingView, that removes the need to recreate a trade manually in another platform.

MetaTrader 4

MT4 remains useful for forex traders with existing Expert Advisors, indicators or automated systems built around the MetaTrader 4 ecosystem.

MetaTrader 5

MT5 is the more appropriate choice if you want a newer MetaTrader environment or access to a wider range of instruments. Fusion Markets' US share CFDs are available through MT5.

cTrader

cTrader is a useful alternative for traders who prefer its interface, order management and trading environment instead of MetaTrader.

TradingView

Fusion Markets also supports direct trading through TradingView. The integration uses cTrader infrastructure for execution, allowing traders to analyse and place orders from TradingView charts.

For traders who already do most of their charting inside TradingView, this removes the friction of analysing a setup in one platform and manually recreating the trade elsewhere.

What can you trade with Fusion Markets?

Fusion Markets offers more than 250 trading instruments, including:

• More than 90 forex currency pairs
• Precious metals such as gold and silver
• Equity indices
• Energy products including crude oil and natural gas
• Soft commodities
• Cryptocurrency CFDs
• More than 100 US share CFDs

That is enough coverage for most forex and CFD traders. It does not make Fusion Markets a full investment brokerage.

If you want to buy and hold real shares, ETFs, bonds or other investments for years, a traditional multi-asset investment platform is likely to suit you better. Fusion Markets' US equity products are share CFDs, so they do not give you direct ownership of the underlying shares.

Does Fusion Markets have a minimum deposit?

Fusion Markets does not impose a minimum account size, but individual payment methods can set their own minimum transaction amounts.

The broker currently lists $10 minimum deposits for methods including bank wire, Visa/Mastercard and PayPal. Australian PayID deposits can start from AUD 1.

That distinction is worth making because "no minimum deposit" and "every payment method lets you send any amount" are not the same claim.

Fusion Markets says it charges no deposit fee across its supported funding methods. Banks and third-party payment providers may still charge their own fees.

How do Fusion Markets withdrawals work?

Fusion Markets supports several withdrawal methods and says withdrawals are available for processing 24/7.

The broker says 85% of withdrawals are processed internally in under one hour. The time before funds reach your account can still depend on the payment method, jurisdiction, intermediary bank or third-party provider.

Withdrawals generally need to go to an account matching the registered trading account holder.

Fusion Markets also reserves the right to recover merchant costs when a client deposits funds and then requests a withdrawal without meaningful trading activity. This condition is intended to stop the brokerage account from being used as a payment-transfer service.

Does Fusion Markets charge an inactivity fee?

This depends on the legal entity and the client agreement that applies to your account.

For Fusion Markets International Ltd, the current client agreement says that after 12 months without transactions, the company may charge an inactivity fee of up to USD 10. It may charge the fee each year while the inactivity continues.

Traders should therefore check the agreement applying to their specific account rather than relying on an old broker comparison table that simply says "no inactivity fee".

Does Fusion Markets offer swap-free accounts?

Yes. Fusion Markets offers swap-free accounts for traders whose religious beliefs prevent them from paying or receiving overnight interest.

The account covers more than 50 popular instruments. Instead of standard overnight swaps, an administration fee may apply to positions held for longer than seven days. The amount varies by instrument.

Swap-free does not mean that a position can be held indefinitely without any financing-related cost.

How much leverage does Fusion Markets offer?

Fusion Markets leverage depends on your regulatory entity, client classification and the instrument you trade.

Some international Fusion Markets product pages advertise leverage of up to 500:1 on products such as gold and commodities.

Australian retail clients face different limits under ASIC rules:

These Australian restrictions are scheduled to apply until 23 May 2027.

The legal entity matters here. There is no single leverage figure that applies to every Fusion Markets client.

Fusion Markets customer reviews and reputation

Fusion Markets had a Trustpilot score of 4.8 out of 5 from approximately 9,400 reviews when checked in September 2026. Customer feedback often refers to support, account verification, withdrawals and trading costs.

That is a positive reputation signal, but it does not prove regulatory safety or execution quality.

Trustpilot says Fusion Markets actively invites customers to leave reviews and has a paid Trustpilot subscription. The profile includes both positive and negative experiences.

Regulatory terms, contractual protections and your own testing of execution and withdrawals deserve more weight than a review-platform score.

What are the main advantages of Fusion Markets?

Fusion Markets is most suitable when reducing trading costs is your main goal.

Its strongest points are:

• Zero account commission of only $2.25 per side
• Raw spreads starting from 0.0 pips
• MT4, MT5, cTrader and TradingView support
• More than 90 forex pairs
• No broker-set minimum account size
• No Fusion Markets deposit fee
• Multiple withdrawal options
• Negative balance protection
• Demo and swap-free accounts
• No-dealing-desk forex execution

The pricing is most relevant to active traders because small cost differences add up across many trades.

What are the drawbacks of Fusion Markets?

The main weaknesses relate to account fit and regulatory coverage.

Protection varies by entity. An ASIC-regulated Australian account and an international account under the Seychelles or Vanuatu entities should not be treated as equivalent.

Fusion Markets is mainly a forex and CFD broker. Investors who want physical shares, ETFs and a conventional long-term portfolio will likely need a different type of platform.

The lowest advertised spread is not guaranteed. Spreads can widen during volatility, low liquidity, session changes and major market events.

Offshore leverage also increases risk. At 500:1, a small adverse price movement can cause a large loss relative to the funds in your account.

Some non-trading charges depend on the account terms. Inactivity fees may apply under certain client agreements, while swap-free accounts can incur administration fees on longer-held positions.

Who should use Fusion Markets?

Fusion Markets is best suited to active forex and CFD traders who understand leveraged trading and place a high value on transaction costs.

The Zero account fits traders using:

• Major and minor forex pairs
• Scalping or higher-frequency discretionary strategies
• Expert Advisors and algorithmic systems
• MT4 or MT5 infrastructure
• cTrader
• TradingView-based analysis and execution

The broker is less suitable for someone who wants long-term investments, direct ownership of shares and ETFs, or a complete portfolio inside one conventional brokerage account.

Is Fusion Markets good for beginners?

Fusion Markets can work for beginners, but low fees do not make leveraged trading low risk.

The Classic account is easier to follow because its charge is included in the spread. Fusion Markets also offers a demo account for practice without risking real money.

The products remain leveraged forex and CFDs. ASIC reviews have found that most retail clients lose money trading CFDs, which is why Australia introduced leverage limits and other retail protections.

A beginner should therefore focus on position sizing, leverage and risk controls before comparing small differences in commission.

Fusion Markets review: Final verdict

Fusion Markets is worth shortlisting when low-cost forex and CFD trading is your priority.

The Zero account is the stronger product for active traders. It combines spreads from 0.0 pips with a $2.25-per-side commission and gives you access to MT4, MT5, cTrader and TradingView.

The important caveat is regulation. Do not stop at "Fusion Markets is regulated". Check which Fusion Markets entity will hold your account, what protection that entity provides and what leverage rules apply in your jurisdiction.

For an experienced, cost-sensitive forex trader, we would choose the Zero account over the Classic account.

For a long-term investor who wants to own shares and ETFs rather than trade leveraged CFDs, a different type of broker is the better choice.

A sensible next step is to open a demo, check live spreads for the instruments and sessions you use, confirm your regulatory entity and then decide whether the trading conditions match the advertised pricing.

Is Fusion Markets a scam?

No evidence in the current regulatory information suggests that Fusion Markets is an anonymous or unregulated operation. It operates through entities regulated by ASIC in Australia, the FSA in Seychelles and the VFSC in Vanuatu. The entity holding your account determines which regulator and protections apply.

Which Fusion Markets account is best?

The Zero account is generally the better choice for active traders because it combines raw spreads from 0.0 pips with a $2.25-per-side commission. The Classic account is simpler because it has no separate commission, but spreads start from 0.9 pips.

Does Fusion Markets support TradingView?

Yes. Fusion Markets supports direct TradingView trading through an integration powered by cTrader's backend. MT4, MT5 and cTrader are also available.

Can US traders use Fusion Markets?

No. Fusion Markets lists the United States and its territories among the jurisdictions where it cannot accept clients. Japan, New Zealand and Spain are also listed as restricted jurisdictions. Traders should confirm availability for their country before applying.