Fusion Markets review 2026

Quick verdict

Short answer: Fusion Markets is a low-cost CFD broker with a respected main licence from ASIC in Australia and two further licences from the VFSC and the Seychelles FSA. It is worth a look for cost-conscious traders, as long as they find out which Fusion Markets company will hold their account.

What we confirmed: ASIC Australian Financial Services Licence 385620 held by FMGP Trading Group Pty Ltd, VFSC licence 40256 and FSA Seychelles licence SD096. There is no minimum account size, although per-method minimums apply. The Zero account has spreads from 0.0 pips, with a commission of $2.25 per side ($4.50 round turn) on forex, while the Classic account has no commission. Leverage is 1:30 for ASIC retail clients and up to 500:1 on forex for eligible clients. Platforms are MetaTrader 4, MetaTrader 5, cTrader and TradingView.

What we could not confirm: the list of deposit and withdrawal methods, withdrawal times, the Classic spread, and the broker's own share of retail accounts that lose money.

Good points: low published costs, a strong ASIC licence, four platforms.

Watch points: the ASIC rules and the higher leverage belong to different entities, and the money-in, money-out details need your own check.

Is Fusion Markets legit and safe?

Is Fusion Markets legit? In our record, Fusion Markets holds three licences. The strongest is the Australian one: ASIC Australian Financial Services Licence 385620, held by FMGP Trading Group Pty Ltd. ASIC is a well-known regulator with strict rules for retail clients. Fusion Markets also lists a licence from the VFSC, the Vanuatu Financial Services Commission, with number 40256, and one from the Seychelles FSA, with number SD096. We link Fusion Markets' own regulation page and each register as sources.

An important point for readers outside Australia: the stricter rules apply to the entity that holds your account. Under ASIC rules, retail clients get a leverage limit of 1:30, but Fusion Markets also states leverage up to 500:1 on forex for eligible clients. These two numbers come from different rules and different entities. If you open an account from Africa, Asia or Latin America, you may not be placed under the ASIC entity, so you may not get ASIC protection. Our record does not name the entities behind the VFSC and Seychelles licences.

Ask Fusion Markets in writing which company would hold your account and which licence covers it. Then check that company in the right register.

ASIC licence (FMGP Trading Group Pty Ltd)

ASIC is the Australian Securities and Investments Commission. Our record shows Australian Financial Services Licence number 385620 for FMGP Trading Group Pty Ltd, and Fusion Markets' own page quotes it as "Australian Financial Services License No. 385620".

ASIC rules for retail clients include a leverage limit, which is why the 1:30 figure appears in our record. This is the strongest licence among the three, but it applies to the Australian company. It does not automatically protect clients of the other two entities.

Here is how to check the licence yourself, step by step. It takes about ten minutes and it is the most useful habit a new trader can build.

1. Open the website of the ASIC, the regulator. Type the address yourself or use the register link in our sources, not a link sent to you in a message.
2. Go to the public register of regulated firms and search for FMGP Trading Group Pty Ltd or for the licence number shown above.
3. Open the firm's entry and read the status. It should say the licence is active, not suspended or withdrawn.
4. Read the list of services the firm may offer. Make sure it covers the products you want to trade.
5. Compare the website address and company name on the register with the ones in Fusion Markets's client agreement. If they do not match, stop and ask Fusion Markets support in writing.

A licence is not a promise that you will make money, and it does not remove market risk. It only tells you that a regulator knows the firm and can act on complaints. Save a screenshot of the register entry on the day you open your account.

VFSC licence (entity not named in our record)

The VFSC is the Vanuatu Financial Services Commission. Our record shows licence number 40256 on Fusion Markets' regulation page, but the page extract we hold does not name the company behind it. That is why we do not state a company name.

Vanuatu is an offshore centre, and its rules are lighter than those of ASIC. If your account would be under this licence, ask for the company name, check it in the register and ask about client money protection.

Here is how to check the licence yourself, step by step. It takes about ten minutes and it is the most useful habit a new trader can build.

1. Open the website of the VFSC, the regulator. Type the address yourself or use the register link in our sources, not a link sent to you in a message.
2. Go to the public register of regulated firms and search for Fusion Markets or for the licence number shown above.
3. Open the firm's entry and read the status. It should say the licence is active, not suspended or withdrawn.
4. Read the list of services the firm may offer. Make sure it covers the products you want to trade.
5. Compare the website address and company name on the register with the ones in Fusion Markets's client agreement. If they do not match, stop and ask Fusion Markets support in writing.

A licence is not a promise that you will make money, and it does not remove market risk. It only tells you that a regulator knows the firm and can act on complaints. Save a screenshot of the register entry on the day you open your account.

FSA Seychelles licence (entity not named in our record)

The FSA Seychelles is the Financial Services Authority of Seychelles. Our record shows licence number SD096, quoted from Fusion Markets' regulation page as "license number SD096". As with the VFSC licence, the entity name is not in our record.

Seychelles is an offshore centre. The licence shows that a regulator knows the firm, but the rules and the help available to clients differ from those in Australia. Ask which company and which licence would apply to you.

Here is how to check the licence yourself, step by step. It takes about ten minutes and it is the most useful habit a new trader can build.

1. Open the website of the FSA Seychelles, the regulator. Type the address yourself or use the register link in our sources, not a link sent to you in a message.
2. Go to the public register of regulated firms and search for Fusion Markets or for the licence number shown above.
3. Open the firm's entry and read the status. It should say the licence is active, not suspended or withdrawn.
4. Read the list of services the firm may offer. Make sure it covers the products you want to trade.
5. Compare the website address and company name on the register with the ones in Fusion Markets's client agreement. If they do not match, stop and ask Fusion Markets support in writing.

A licence is not a promise that you will make money, and it does not remove market risk. It only tells you that a regulator knows the firm and can act on complaints. Save a screenshot of the register entry on the day you open your account.

Fusion Markets fees and spreads explained

Fusion Markets publishes simple costs. The Zero account has spreads from 0.0 pips, and charges $2.25 commission per side on forex, which is $4.50 for a round turn. A round turn means opening and closing a trade: you pay $2.25 when you open and $2.25 when you close. The Classic account has no commission.

What does this mean in practice? On the Zero account, your cost per standard lot is the $4.50 commission plus the live spread, which is 0.0 pips only at its best. On the Classic account, you pay no commission but the spread is wider, and we could not confirm a Classic spread figure from Fusion Markets' pages, so we do not state one. Fusion Markets has a page about why trading costs matter, which we link, and it is worth reading.

If you trade often, the Zero account is usually cheaper. If you trade rarely, the Classic account is simpler.

A spread is the small gap between the price you buy at and the price you sell at. If the buy price is a little higher than the sell price, that gap is the spread, and you pay it every time you open a trade. A pip is the standard small step in a currency price; on most pairs it is the fourth decimal place. Spreads are quoted in pips, so a lower number means a cheaper trade.

Some accounts add a commission, which is a fixed fee per trade, usually charged per lot. A lot is the standard contract size for forex. Accounts with very tight spreads often charge commission, while accounts with wider spreads often charge none. Neither is automatically cheaper. To compare, add the spread and the commission together for the pair and trade size you actually use.

A third cost is the swap, also called the overnight fee. If you keep a position open past the daily rollover time, Fusion Markets may charge or pay a small amount depending on the pair and the direction of your trade. Swap rates change, so they are listed in the platform rather than fixed on a website page. Spreads also widen during news releases and at the daily market open and close, so the spread you see at a quiet moment is not the spread you will always get.

Before you fund a live account, run this simple test. Open a demo account, pick the pair you plan to trade and write down the spread at three different times of day. Then read the commission line on the account page and add the two together. Do the same for the next broker on your list. The cheapest account for a scalper who trades often may not be the cheapest for a swing trader who holds positions for days, because the swap then matters more. Our figures are the ones Fusion Markets publishes on its own pages and we link each source, but live prices in your platform are always the final word.

Account types at Fusion Markets

Our record shows two account types with Fusion Markets: Zero and Classic. The Zero account has raw spreads from 0.0 pips and a commission. The Classic account has no commission and wider spreads.

Beginners often ask which one to choose. If you cannot yet calculate your cost per trade, start with Classic, because one price is easier to understand. When you trade more, compare your real cost on both accounts using a demo. Ask Fusion Markets whether you can switch accounts later without closing your trading history.

How should a beginner choose between account types? Start with how you will trade. If you place a few trades a week and hold them for hours or days, a simple account with no commission and a slightly wider spread is easy to understand. If you trade often, a raw or zero style account with a commission may cost less over a month, because the spread is so small. Do not choose an account only because it sounds more professional. Choose the one where you can clearly explain, in one sentence, how you pay.

Also check three things on the account page: the minimum to open, whether swap-free (Islamic) options exist if you need them, and which platforms work with the account. Not every account works on every platform. Ask Fusion Markets support in writing before you deposit if anything is unclear, and keep the reply.

Minimum deposit: how much do you need to start?

Fusion Markets states no minimum account size, but also says per-method minimums apply. This means you may open an account with any amount in principle, yet the way you pay may require a minimum. For example, a bank transfer or a wallet may have its own limit.

We did not find the exact per-method minimum figures in the pages we checked. Look at the deposit options page that we link and compare the methods available in your country.

A minimum deposit is the smallest amount Fusion Markets lets you put in to open or fund an account. Treat it as a ceiling on how little you can start with, not as a sensible amount to trade with. A very small balance leaves almost no room for a normal stop loss, so a single bad trade can end the account. Many new traders do better by starting small but keeping the risk on each trade tiny, and by treating the first months as a paid lesson.

Remember three practical points. First, a payment method can have its own minimum that is higher or lower than the account minimum. Second, if your deposit currency is different from your account currency, someone will convert it, and the conversion rate can include a margin. Third, only deposit money you can afford to lose, never borrowed money and never money needed for rent, food or school fees.

Deposit and withdrawal methods

We did not find a confirmed list of deposit methods or withdrawal methods for Fusion Markets in our record, so we do not name any. Fusion Markets has a deposit options page, which we link in our sources, and that is where you should read the current list for your country.

What should you look for there? Check whether the method is in your own name, whether it has a fee, whether the minimum fits your plan and whether it can also be used for withdrawals. Remember that brokers usually return money by the method you used to deposit.

Here are the habits that keep payments safe. Use a payment method in your own name, because brokers normally refuse to send money to a third person. Expect to be asked to prove your identity and address before the first withdrawal, so upload clear documents early rather than waiting until you need your money. Withdrawals usually go back to the method you used to deposit. If that method is no longer available to you, ask Fusion Markets support what the alternative is before you deposit.

Never pay a person who contacts you on social media or messaging apps and says they can deposit for you or manage your account. Only fund your account from inside your own client area, on the website address you typed yourself. Check whether a method charges a fee, and whether your bank or wallet adds its own fee on top. Small fees repeated many times become a real cost.

How long do Fusion Markets withdrawals take?

We could not confirm a withdrawal time for Fusion Markets, so we state no number. The deposit options page may explain processing times for each method. Read it before you deposit.

A clear plan helps: finish identity verification first, make a small deposit, trade a little, and then withdraw a small amount to see how long it takes.

Withdrawal speed is one of the things traders care about most, and it is also one of the hardest things for any review to state honestly, because it depends on the method, the country, the bank, the time of day and whether your account is fully verified. The only way to know is to test it with your own money.

Our advice is simple. Complete identity verification before you deposit. Make a small first withdrawal soon after your first deposit, even if it is only a test, and write down the time you asked and the time the money arrived. Use the same method you deposited with. If a withdrawal is slow, open a support ticket, quote the date and the reference number, and keep screenshots. If the broker does not answer, find the complaint route on the regulator's website named in this review. At The Forex Bridge we run our own timed withdrawal tests with real money, and we will add a verified result to this page once we have one. Until then, do not treat any claimed speed as a promise.

Trading platforms

Fusion Markets offers four platforms: MetaTrader 4, MetaTrader 5, cTrader and TradingView. Its homepage says the offer includes MT4, MT5, cTrader and TradingView. This is a full set that suits most retail styles.

If you are new, start with MetaTrader 4 or 5, because there are many free guides. Try cTrader if you like a clean ticket, and TradingView if you prefer to work from charts. Remember that the commission can be quoted differently by platform at some brokers, so check the cost on the platform you choose.

A trading platform is the program where you see prices, place orders and manage open trades. Most beginners meet MetaTrader first. MT4 is older, simple and stable, with a very large library of add-ons and automated strategies. MT5 is newer, has more built-in tools and more kinds of order, and covers more markets. cTrader is known for a clean look and detailed order handling. TradingView is mainly a charting website that some brokers connect to, so you can place trades from the charts you already use.

Which is best for you? Pick the one you can understand fastest, and practise on a demo account for a few weeks before you use real money. Check that the platform is available on your phone and your computer, because you will want to see your open trades when you are away from your desk. Always log in from the broker's own website or from the official app store listing, and switch on two-step login if Fusion Markets offers it.

Leverage and risk

Fusion Markets states leverage of 1:30 for ASIC retail clients, and up to 500:1 on forex for eligible clients. The first number is a regulatory limit for retail clients under ASIC. The second number is much higher, and it is available only to clients who qualify and are served by an entity that allows it.

At 500:1, a tiny move against you can remove your margin. For a new trader, the lower leverage is usually safer, even if a higher one is allowed. If you are offered a high leverage setting, you can ask support to lower it. Use it as a limit, not as a goal.

Leverage lets you control a larger position than your own money would allow. With leverage, a small price move can bring a large gain, and it can bring a large loss just as fast. The money you put up to hold a position is called margin. If your losses grow until your margin level falls too low, the broker closes your trades automatically. That is called a stop-out. Stop-out rules differ by broker and account, so read them before you trade.

Some regulators limit the leverage that retail clients can use, and some also require negative balance protection, which means you cannot lose more than the money in your account. Others do not. Ask Fusion Markets in writing which rules apply to your account, because they depend on the company that holds it.

A few habits protect new traders. Risk only a small slice of your account on each trade, such as one to two percent. Always use a stop loss. Do not add to a losing trade. Do not trade during major news until you understand how prices behave then. High leverage is a tool, not a target.

We could not confirm the share of retail accounts that lose money from Fusion Markets's own pages, so we do not state a figure. A CFD is a contract that follows a price without you owning the asset, and it is a complex product that can lose money quickly. Most retail traders lose money on CFDs, so treat every trade as risky.

Who is Fusion Markets best for?

Fusion Markets is a good match for:

• Cost-conscious traders who want raw spreads and a clear commission.
• Traders who want MT4, MT5, cTrader or TradingView.
• Clients who value the ASIC licence, if the ASIC entity is open to them.

It is less suitable for:

• Traders who need a published list of payment methods before they start.
• Anyone who needs proof of withdrawal speed.
• Clients who would be served by an offshore entity but want strict regulation.

If you live in Africa, Asia or Latin America, check that Fusion Markets accepts clients from your country and which entity would serve you.

If you are brand new, the safest path is slow. Spend your first weeks on a demo account and write a trading plan with entry rules, exit rules and a maximum loss per day. Move to a small live account only when your demo results are steady for a while. Expect to lose some trades; the goal is to keep each loss small. Never trade money you cannot afford to lose, and be careful with anyone who promises fixed profits, signals that never lose, or a managed account with guaranteed returns. Those are common scams, and Fusion Markets is not connected to them.

How to open a Fusion Markets account

1. Go to https://fusionmarkets.com by typing the address into your browser yourself.
2. Click to open an account and enter your name, email and country.
3. Read the name of the Fusion Markets company that will hold your account.
4. Choose a platform and an account type: Zero or Classic.
5. Upload your identity document and proof of address.
6. Fund the account with a method in your own name after reading the per-method minimum.
7. Place a small trade and request a small withdrawal to test the process.

A few tips while you do this. Use an email address that only you can read and a strong, unique password. Have a clear photo of your passport or national ID and a recent document that shows your address, such as a utility bill or bank statement, ready before you start. Make sure the name on the documents matches the name you type into the form. Mismatches are the most common reason for delays. After your account is approved, log in once, read the account settings, and confirm the account currency and the platform before you deposit.

The fine print

For Fusion Markets, the commission is $2.25 per side on the Zero account, and the Classic account has none. We did not find, in the pages we checked, figures for inactivity fees, currency conversion margins, withdrawal fees or the stop-out level. We also could not confirm negative balance protection for each entity. These items may exist or not; we cannot confirm them, so check the terms and ask support.

Another Fusion Markets point is the difference between entities. The ASIC licence is held by FMGP Trading Group Pty Ltd, but we do not have the company names behind the other two licences. Terms, leverage and protections differ between them.

The fine print is where many surprises hide, so here is what to read in Fusion Markets's client agreement and fee page before you deposit. Look for inactivity fees, which are charges on accounts you do not use. Look for withdrawal fees and for the currency conversion rate used when your deposit currency differs from your account currency. Check the stop-out level, the rules on negative balances and what happens to open trades if your account is restricted. If a promotion or bonus is offered to you, read the terms about withdrawing it, because some bonuses lock part of your money.

Also read the risk warning, the complaints procedure and the list of countries the entity can serve. A broker may accept your registration but still serve you through a different company in its group from the one you expected. We cannot confirm every one of these points from the broker's public pages, and where we could not, we say so in this review. Where a point is missing, ask Fusion Markets support and keep the answer.

Our final verdict

Our verdict: Fusion Markets looks like a good low-cost broker with a strong ASIC licence, four platforms and simple, published commission rules. The main things to confirm are the entity that will hold your account, the payment methods and the withdrawal speed. It is a fair choice for traders who read the agreement carefully and test with a small deposit.

Check the register for your entity, ask for the leverage and protection that apply to you in writing and test a withdrawal before you add more money.

Whatever broker you choose, the same rules apply: verify the licence on the regulator's register, test the withdrawal with a small amount, keep the risk on each trade small and keep all of your records. Use this review as a starting point, then check each linked source on Fusion Markets's own site. Trading leveraged products is risky and most retail traders lose money, so only use money you can afford to lose.