multi-regulation; offshore regulation


Average
English language support; no dealing desk
Features
To help you determine if Fusion Markets is a good broker for your trading needs, this review evaluates its fees, regulation, and platform usability. Our Fusion Markets review provides an objective, data-driven analysis to guide your investment choices.
Fusion Markets is a legit and regulated brokerage, though the scope of your regulatory protections varies depending on which international branch holds your account.

Fusion Markets was founded in November 2017 by CEO Phil Horner alongside a team of Australian brokerage veterans, subsequently launching retail trading services in June 2019. Headquartered in Melbourne, Australia, the firm operates under the corporate umbrella of Gleneagle Asset Management. The broker's primary mission is to provide the lowest trading costs in the industry, focusing on ultra-thin spreads and transparent, flat-rate commissions rather than aggressive marketing campaigns.
Fusion Markets is overseen by the Australian Securities and Investments Commission, the Vanuatu Financial Services Commission, and the Seychelles Financial Services Authority.
These regulatory authorities span across Tier-1 and offshore regulatory tiers to balance robust investor protection with high-leverage trading options.
Traders can visit ASIC official to verify the licensing status of Fusion Markets' parent firm by searching for license number 385620. To verify a broker's credentials on your own, simply search the registration number directly in the regulatory database of the corresponding jurisdiction.
The table below outlines the legal entities of Fusion Markets and their corresponding regulatory conditions.
| Entity name | Regulator | License number | Regulatory tier | Investor protection |
|---|---|---|---|---|
| FMGP Trading Group Pty Ltd | ASIC | 385620 | Tier 1 | Negative balance protection, segregated trust accounts, strict leverage caps (up to 1:30) |
| Gleneagle Securities Pty Limited | VFSC | 40256 | Tier 3 (Offshore) | Segregated bank accounts (NAB), high leverage (up to 1:500), no statutory compensation scheme |
| Fusion Markets International Ltd | FSA (Seychelles) | SD096 | Tier 3 (Offshore) | Segregated trust accounts (NAB), high leverage (up to 1:500), no regulatory investor compensation |
While Australian clients enjoy gold-standard Tier-1 protections under ASIC, international traders are onboarded under offshore branches that allow for higher leverage at the expense of local statutory compensation schemes.
The specific entity that handles your account depends on your geographical residence.
Because of international compliance frameworks, Fusion Markets does not accept clients from certain jurisdictions.
Many readers wonder: does Fusion Markets accept US clients? No, Fusion Markets is not authorized to accept clients who are residents or citizens of the United States or its territories due to strict local regulatory limitations.
Other notable restricted countries and regions include:
Client fund protection at Fusion Markets is anchored by strict separation protocols, keeping corporate capital entirely isolated from trader balances.
Fusion Markets holds an outstanding TrustScore of 4.8 out of 5 stars based on more than 7,600 reviews, reflecting overwhelmingly positive user sentiment [1].
As of June 2026, the broad consensus among traders is that the broker delivers exceptionally well on its core promises of low trading costs and high-quality customer care. See Fusion Markets reviews on Trustpilot to explore specific trader testimonials and read detailed feedback on execution quality and service standards [1].
Recurring positive feedback from users consistently highlights:
Conversely, minor complaints and recurring negative reports typically center around:
Fusion Markets offers a highly streamlined dual-account structure with no minimum deposit requirement and exceptionally low commission fees, making it one of the most accessible and cost-efficient brokers on the market.
Rather than overwhelming clients with dozens of complex tiers, Fusion Markets focuses its offering on two main live account types designed to accommodate different styles of trading.
Yes, Fusion Markets offers fully Sharia-compliant, swap-free Islamic accounts upon request to accommodate traders who cannot pay or receive overnight interest due to religious principles. Under these accounts, overnight swap rates are replaced by a flat administrative fee that is only charged if a trading position remains open for longer than seven consecutive days.
Fusion Markets maintains some of the most competitive raw spreads and lowest commission fees among retail CFD brokers, making it highly cost-effective for active traders.
Trading costs at Fusion Markets are heavily optimized, with fees split clearly depending on your choice of account.
Fusion Markets maintains a highly transparent, user-friendly policy regarding secondary platform costs.
Fusion Markets provides frictionless, zero-fee deposit and withdrawal options backed by a rapid 24/7 processing window.
Funding your account is highly accessible due to the broker's support for more than 25 regional and international payment methods. Supported deposit and withdrawal options include Visa and Mastercard, Local Bank Transfers, international Bank Wire Transfers, PayPal, Interac (for Canadian Dollars), PayID (for Australian Dollars), Skrill, Neteller, and major Cryptocurrencies like Bitcoin, Ethereum, Litecoin, and Bitcoin Cash.
One of the standout advantages of Fusion Markets is its $0 internal transaction fee policy, meaning the broker charges absolutely nothing to deposit or withdraw funds. However, users should note that international bank wire withdrawals can still incur external intermediary bank fees, even though Fusion itself charges $0.
The entry requirements and minimum limits are exceptionally low. There is a $0 minimum deposit requirement to open and fund a basic live account, though a $10 minimum applies to most electronic payment methods. For withdrawals, the minimum threshold is set at a low $10 for electronic wallets and cards, and $35 for international bank wires.
In June 2026, Fusion Markets upgraded its payment architecture to enable 24/7 payment processing globally, including weekends and public holidays. This upgrade drastically reduced the median withdrawal processing time to under one hour (with a median of approximately 45 minutes), ensuring that traders can access their capital almost instantly rather than waiting for standard business days.
While automated, unverified third-party review portals occasionally generate sensationalist warnings about withdrawal blocks, actual verified user feedback on platforms like Trustpilot and Forex Factory reveals a highly reliable transaction track record. Verified user complaints regarding withdrawals are virtually non-existent. The only minor points of friction arise from standard security protocols, such as temporary processing delays when users are requested to submit updated KYC documentation or when withdrawing to a bank account that does not match their registered trading name.
Fusion Markets provides a comprehensive suite of advanced charting platforms, institutional-grade execution speeds, and low trading barriers to accommodate diverse strategy profiles.
Fusion Markets supports a versatile range of trading terminals, including MetaTrader 4, MetaTrader 5, cTrader, and TradingView, alongside mobile-native apps for each.
Fusion Markets provides access to over 250 CFD products spanning forex, indices, commodities, cryptocurrencies, and US equities.
Fusion Markets operates a pure no-dealing-desk (NDD) execution model with ultra-fast execution speeds and high leverage scaling up to 1:500 depending on regulatory location.
Fusion Markets integrates highly effective AI-driven research utilities and educational guides directly into its client hub, though its manual learning academy remains somewhat basic compared to long-established competitors.
Fusion Markets delivers highly responsive, human-centric customer support available 24 hours a day, 5 days a week via live chat, email, and phone.
Fusion Markets is best suited for budget-conscious day traders, high-volume scalpers, and retail traders seeking institutional-grade execution costs without the burden of high entry requirements.
Yes, Fusion Markets is an exceptional choice for day traders and scalpers due to its industry-leading low commission rates and lightning-fast ECN execution. The $4.50 round-turn commission on the Zero Account drastically reduces the structural overhead of high-frequency trading compared to the industry-standard $7.00 round-turn fee. This cost difference, combined with raw spreads averaging 0.0 pips on majors and a sub-40 millisecond order execution speed, allows scalpers to enter and exit positions rapidly with minimal slippage eating into their micro-profits.
Yes, Fusion Markets is highly suitable for beginners with limited capital because it removes almost all financial barriers to entry. By enforcing a true $0 minimum deposit limit, the broker allows first-time traders to transition from demo accounts to live execution without committing substantial risk capital. Newcomers can practice real-time market psychology with micro-lots on a Classic Account, avoiding the complexity of commission calculations while enjoying institutional-grade backend technology.
Yes, Fusion Markets is an excellent hub for copy trading thanks to its integration of both proprietary and third-party social trading ecosystems. Through the proprietary Fusion+ platform, retail clients can seamlessly copy the trades of experienced portfolio managers directly within their client portal. Additionally, integration with DupliTrade opens up access to a vetted, automated strategy marketplace, ensuring that passive investors have multiple, high-quality avenues to build diversified portfolios.
Best for: High-frequency scalpers, budget-conscious day traders, automated EA users, and beginners seeking a low-risk entry point.
Less ideal for: US-based clients, or advanced traders looking for comprehensive, hands-on in-house educational courses.
Fusion Markets holds a unique edge in the retail trading landscape due to its exceptionally low commission fees, though competitors with larger educational portals and broader regulatory footprints may suit some investors better.
The most notable distinction between Fusion Markets and IC Markets is the commission fee pricing on their raw spread accounts, where Fusion Markets charges substantially less. While both brokers are heavily regulated by ASIC and offer raw spreads starting from 0.0 pips, IC Markets enforces a standard commission of $3.50 per side ($7.00 round turn) per standard lot. By contrast, Fusion Markets pricing remains fixed at $2.25 per side ($4.50 round turn). IC Markets holds an advantage with its minimum deposit requirement of $200, whereas Fusion Markets has no minimum deposit limit, offering lower entry barriers for beginners. On the other hand, the legacy competitor provides a larger suite of third-party social integration and deeper educational resources.
Takeaway: Fusion Markets is the better option for raw commission efficiency; IC Markets suits those who prefer a highly established global brand with deeper education.
The primary difference between Fusion Markets and Pepperstone centers on regional regulatory licensing and deposit requirements. Pepperstone boasts a significantly larger regulatory framework, holding licenses from elite tier-1 watchdogs like the FCA in the UK and BaFin in Germany. Fusion Markets primarily serves clients under ASIC and its offshore subsidiaries, limiting its active local protections in Europe. Furthermore, Pepperstone charges a round-turn commission of $7.00 AUD on its Razor account, whereas Fusion Markets maintains its highly competitive $4.50 AUD fee. While both brokers feature fast STP/ECN execution, the former provides superior research tools and in-house market analysis.
Takeaway: Fusion Markets remains the leader for absolute fee savings; Pepperstone is ideal for UK/European traders seeking native tier-1 regulation.
The key differentiator between Fusion Markets and FP Markets is the sheer variety of tradable share CFDs and advanced DMA platform options. FP Markets provides direct market access (DMA) to over 10,000 global share CFDs via the advanced Iress platform, offering a vastly superior environment for dedicated equity traders. Conversely, Fusion Markets keeps its product catalog much leaner, offering around 100 US shares through MT5 and TradingView. While FP Markets charges a $3.00 per side commission on its Raw account, Fusion Markets remains more budget-friendly at $2.25 per side. Additionally, FP Markets requires a minimum initial deposit of $100, which contrasts with Fusion's highly accessible $0 barrier.
Takeaway: Fusion Markets is better for affordable forex and index trading; FP Markets is the premier choice for professional share CFD traders.
This Fusion Markets review concludes that Fusion Markets is a solid choice for cost-sensitive day traders and beginners due to its industry-low commissions and $0 minimum deposit, though its basic educational resources and limited regulatory footprint in Europe may deter some passive investors. Ultimately, it remains one of the most accessible and price-efficient ECN brokers currently available for retail traders.
Editorial Transparency: This Fusion Markets review is based on information from the official Fusion Markets website, current regulatory filings, and independent third-party sources such as Trustpilot. We cross-checked the broker's regulation and license details, account types, trading and non-trading fees, deposit and withdrawal terms, platforms, and real user feedback to ensure accuracy and objectivity. This content is for educational purposes only and does not constitute financial advice; trading CFDs carries a high risk of losing money. Last updated: June 2026.
Cost 4.5
Platforms 4.5
Deposit & Withdrawal 4.5
Customer Support 4.1
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