Safety first
Fusion Markets review
Who regulates Fusion Markets, under which licence, and what that means for your money.
Last checked
Fusion Markets offers some protection if it fails and not all of it, which is the ordinary offshore trade-off: you gain leverage and lose the safety net. Regulated by ASIC (AFSL 385620); Seychelles FSA (SD096); Vanuatu VFSC (40256), offering MetaTrader 4, MetaTrader 5, cTrader, TradingView.
Our rating
- Regulation9.2
- Costs9.6
- Platforms9.4
- Markets8.0
- Support6.2
- Education4.4
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.
Regulation and safety
- 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
The licence is what decides where your money sits and who is obliged to do something about it.
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.
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
What it costs to trade
- 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 is the last thing to weigh here, and never the thing that should decide it.
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.
Platforms and tools
- 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.
Markets and execution
- 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.
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
- 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
Questions people ask about Fusion Markets
What happens to my money if Fusion Markets goes bust?
Fusion Markets sits behind No statutory investor compensation scheme. A scheme covers eligible clients of the entity that holds the licence, so the entity you were onboarded to decides whether it covers you.
Which bank actually holds client money at Fusion Markets?
Fusion Markets holds client money with National Australia Bank (NAB), in accounts kept separate from the firm's own. Almost no comparison site publishes this, and it is the thing that decides how quickly you would see your money again if the broker failed.
Can I lose more than I deposit with Fusion Markets?
Fusion Markets provides negative balance protection, so a gap through your stop should not leave you owing money. It is usually a rule of the regulator rather than a favour from the broker, which means it can differ between the entities one brand operates.