Fusion Markets review

Risk warning: CFDs are complex leveraged products. Leverage can magnify losses as well as gains, and you may lose money rapidly.

Fusion Markets is a cost-focused CFD broker with two clear FX pricing models: Classic embeds the charge in the spread, while Zero adds a stated commission to raw spreads. Its range of MetaTrader, cTrader and TradingView access, alongside copy-trading options, will appeal to active and platform-oriented traders. The main drawback is that safeguards depend materially on the legal entity holding your account: Australian, Cyprus and international clients do not receive identical protections. Its products are derivatives, not direct share or cryptocurrency ownership. Traders should compare total costs for their activity and confirm their entity, platform access and regulatory protections before opening an account.

How we reviewed it: This review assesses the broker's stated account, fee, platform, instrument and entity terms; it does not present execution or withdrawal testing as firsthand evidence. See our review methodology.

Fusion Markets operates through separate legal entities, so protections depend on the company holding your account. Its Australian entity, FMGP Trading Group Pty Ltd, is ASIC-licensed under 385620; the Cyprus entity, Fusion Markets EU Limited, is authorised by CySEC under 444/24. International routes include Fusion Markets International Ltd, regulated by the Seychelles FSA under SD096, and the Vanuatu route associated with Gleneagle Securities Pty Limited, licence 40256. Those entities do not share identical safeguards.

Regulation and Client Protections

Segregation and regulatory oversight are safeguards, not guarantees against losses or broker failure. Australian retail clients receive the safeguards applicable to their ASIC account, while Cyprus ICF eligibility has its own criteria and limits. International clients should confirm their exact contracting company and complaint route; protections attached to another Fusion Markets entity do not automatically extend to them.

Pricing depends on the account selected: Zero combines raw spreads with a per-lot commission, while Classic builds its FX charge into a wider spread. The broker advertises starting spreads, which are not the same as verified average trading costs. Overnight financing, currency conversion and entity-dependent inactivity charges can also affect the total.

Spreads, Commissions and Total Trading Costs

Zero is priced from 0.0 pips with a $2.25 commission per standard FX lot per side, or $4.50 round turn. Classic has no FX trading commission and advertises spreads from 0.9 pips. These are starting prices, not a guarantee of the spread available when you trade. Compare the spread and commission together for your trade size and instrument.

Other Trading and Non-Trading Fees

Overnight financing can add a cost or credit to positions held beyond rollover, with rates varying by instrument and position. Currency conversion may apply when funds, transactions or settlements use a currency other than the account base currency. Inactivity charges depend on the legal entity, so check the terms tied to your account. The broker states it does not charge deposit or withdrawal fees, but payment providers or intermediary banks may still charge.

The choice is between Classic's spread-markup pricing with no FX commission and Zero's raw-spread pricing plus $2.25 per standard FX lot per side. Zero may suit traders who prefer a separate, explicit commission and want to compare it against the spread; Classic may suit those who prefer not to pay a separate FX commission. Which costs less depends on the spreads available, trade size and activity. Neither account has a broker-imposed minimum deposit in the account terms provided. Classic is listed for MT4, MT5 and TradingView; cTrader is listed for Zero, subject to entity and platform eligibility. Leverage can reach 1:500 where eligible, with equity and regulatory limits applying.

Fusion Markets offers established third-party trading platforms rather than a standalone proprietary trading terminal. MT4 and MT5 support desktop-based automated strategies, while TradingView is suited to chart-led analysis and cTrader offers manual trading and algorithmic tools. Web and mobile access is available, but some scripting and automated-trading functions require desktop software.

Desktop, Web and Trading Platforms

Platform access can depend on account type and entity. The account terms list cTrader for Zero, while the Classic account listing confirms MT4, MT5 and TradingView.

Fusion Markets provides leveraged CFDs or rolling-spot exposure across several markets, rather than direct ownership of the underlying shares or cryptocurrency. Product counts and leverage vary by asset class, and eligibility depends on jurisdiction.

The range includes 90 forex pairs, 15 index CFDs, 26 commodity CFDs, 110 stock CFDs and 13 cryptocurrency CFDs. Stock CFD holders do not receive share ownership or voting rights, and crypto CFDs do not provide coins for a wallet. UK retail clients cannot trade the listed crypto derivatives. Contract hours, financing and leverage limits vary by product.

The broker describes its execution as a hybrid ECN/STP, no-dealing-desk model; this is a description of its model, not a measured execution result. The final transaction price can differ from the displayed quote. MT4 Expert Advisors, MT5 Expert Advisors and MQL5 tools, cTrader Automate/cBots, and TradingView Pine Script support strategy development, with some automation requiring desktop software. FIX API is listed for professional and institutional clients meeting relevant requirements; cTrader Open API is also described. Fusion+ copy trading, DupliTrade and Myfxbook AutoTrade are supported. Research and learning resources include an economic calendar, price charts, introductory guides, webinars and market commentary. VPS hosting is available, with a sponsored option tied to trading-volume conditions and discounted third-party options.

Fusion Markets requires identity verification. The stated documents include a government-issued photo ID and proof of address, with a selfie or biometric check possible in some cases. The broker says approval is typically completed within a few hours, though this is not a firsthand processing-time observation. No account-opening minimum is stated, but payment methods may impose transaction minimums. Confirm the entity and available payment routes for your location before funding.

Account Opening and Identity Verification

Complete the application and submit proof of identity and residential address for KYC checks. Additional verification, such as a selfie or biometric face scan, may be requested. The account entity determines which regulatory protections and product terms apply.

Deposit and Withdrawal Methods

Customer Support

Support is available by live chat, email and phone. Listed support hours are 24/7, and support languages include English and Thai. The contact email is [email protected] and the phone number is +61 3 8376 2706.

Fusion Markets is most clearly suited to cost-conscious traders who value a choice between spread-only FX pricing and raw spreads plus commission, as well as a range of mainstream trading platforms. It is a more conditional fit for clients who prioritize a particular regulatory or compensation regime: account protections differ by entity and should be checked before opening an account. Traders seeking direct share or coin ownership should note that the listed stock and crypto products are CFDs.

Fusion Markets vs Alternatives

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Check the account entity and product terms against your priorities before deciding whether Fusion Markets is a suitable fit.