Fusion Markets review 2026: 0.0 pip raw spreads, $4.50 round-turn FX commission, four major platforms
Fusion Markets is a Melbourne-based STP forex and CFD broker founded in 2019. Licensed by ASIC, CySEC, Seychelles FSA, and VFSC under multiple licenses, it trades on MT4, MT5, cTrader, and TradingView with Zero, Classic, and Swap-Free accounts. Serves retail and professional clients across 90+ forex pairs and 250+ products including metals, indices, commodities, cryptocurrencies, and share CFDs.

What is Fusion Markets?
Fusion Markets is an Australian forex and Contract for Difference (CFD) broker using straight through processing (STP). STP routes orders to external liquidity rather than a dealing desk. The brand began operations in 2019 and lists Melbourne, Australia as its headquarters. Its current site is owned by Fusion Markets Pty Ltd, while regulated client entities differ by jurisdiction. The official pages reviewed for this update do not identify an ultimate beneficial owner.
The operating structure separates Australian, European, Seychelles, and Vanuatu clients under different legal entities. Australian clients use FMGP Trading Group Pty Ltd, while the Cyprus entity is Fusion Markets EU Ltd. Offshore operations use Fusion Markets International Ltd in Seychelles and Gleneagle Securities Pty Limited in Vanuatu. This entity split matters because investor protections and leverage limits follow the entity holding the account.
Which regulators license Fusion Markets?
Fusion Markets discloses four regulatory relationships across Australia, Cyprus, Seychelles, and Vanuatu. ASIC (Australian Securities and Investments Commission) covers FMGP Trading Group Pty Ltd under AFSL 385620. CySEC (Cyprus Securities and Exchange Commission) lists Fusion Markets EU Ltd under licence 444/24. The CySEC public register showed that licence and entity on September 19, 2026.
The offshore entities use the Seychelles Financial Services Authority under SD096 and the Vanuatu Financial Services Commission under 40256. The VFSC financial dealer list showed Gleneagle Securities Pty Limited as active under 40256 on the review date. Fusion's current Seychelles client agreement identifies Fusion Markets International Ltd as authorized under SD096. A targeted warning-list scan did not surface a current FCA, ASIC, or CySEC warning for the Fusion Markets brand.
Client protection is not identical across these jurisdictions. CySEC investment firms operate within the European investor-protection framework, including the Investor Compensation Fund for eligible claims up to the applicable limit. Australia applies ASIC conduct and client-money rules but has no direct FSCS-style compensation scheme. Seychelles and Vanuatu oversight does not provide an equivalent retail compensation fund.
Trading platforms
Trading platforms include MT4 (MetaTrader 4), MT5 (MetaTrader 5), cTrader, and TradingView. The current cTrader broker directory lists Fusion Markets and confirms live access through that platform. TradingView connects through the cTrader backend, allowing chart-based order execution from TradingView. This four-platform mix supports discretionary, automated, and chart-driven workflows without requiring a proprietary terminal.
MetaTrader supports Expert Advisors, which are automated trading scripts, while cTrader supports cBots and C# automation. TradingView adds browser-based charting and scripting through its own interface. Platform availability can depend on account type: the broker states that cTrader uses the Zero pricing model rather than the Classic account. That difference affects how commissions appear in the final trading cost.
Account types
Account types center on Zero, Classic, Swap-Free, and Demo structures. The Zero account uses raw pricing from 0.0 pip, where a pip is a standard forex price increment, plus a separate commission. The Classic account starts from 0.9 pip and folds trading commission into the spread. The broker allows requests to switch between Zero and Classic accounts.
- Zero: raw spreads, commission charged separately.
- Classic: wider spread, no separate forex commission.
- Swap-Free: selected instruments without ordinary overnight interest charges.
- Demo: virtual funds for platform and strategy testing.
A swap is the overnight financing adjustment applied when a leveraged position remains open. Swap-Free accounts cover more than 50 selected instruments, according to the broker's current account page. An administration charge can apply after a position remains open longer than 7 days. The product list can therefore differ from a standard Zero or Classic account.
Minimum deposit
Minimum deposit policy is unusually flexible because the broker states there is $0 minimum account size. That means the account itself has no fixed opening-funding threshold. Individual payment rails can still impose transaction minimums. For example, the current funding page shows a $10 minimum for several card, bank, PayPal, and crypto methods.
The difference between account minimum and payment-method minimum is operationally important. A trader can maintain an account without a broker-set balance floor, yet a specific deposit method can require a minimum transfer. The minimum deposit is therefore listed as $0. Funding availability and minimums vary by country and provider.
Deposit and withdrawal methods
Deposit and withdrawal methods include bank transfer, Visa or Mastercard, PayPal, Skrill, Neteller, and crypto-based options such as Binance Pay. The broker states that deposits must come from an account held in the client's name. Third-party payments are not accepted under the current funding policy. Available rails and currencies change by country.
Withdrawal processing also varies by method. The current withdrawal page lists PayPal, Skrill, and Neteller as instant after broker processing, while local bank transfer can take 1-2 business days. Bank wire can take 3-5 business days. The broker also states that most withdrawal requests receive internal processing in under one hour, which is separate from bank or payment-network settlement time.
Tradeable instruments
Tradeable instruments span more than 90 forex pairs and more than 250 total products in the broker's current catalog. A CFD tracks the price movement of an underlying asset without transferring ownership of that asset. Product categories include forex, precious metals, indices, energy, soft commodities, cryptocurrencies, and US share CFDs.
Instrument availability can change by jurisdiction and platform. The broker states that its 250-plus product set is available across MetaTrader, cTrader, and TradingView, subject to account eligibility. Swap-Free accounts use a narrower list of popular products. US residents are not accepted, and the official site also lists several other restricted jurisdictions.
Spread and commission structure
Spread and commission structure differs sharply between the Zero and Classic accounts. A spread is the gap between the bid and ask price. Zero pricing starts from 0.0 pip with a commission of $2.25 per side per standard forex lot. A standard lot represents 100,000 units of the base currency.
The round-turn Zero commission is therefore $4.50 per standard lot. Fusion's official account page describes the approximate total Zero trading cost as about 0.5 pip under its comparison example. Classic pricing starts from 0.9 pip with no separate forex commission. The broker also states that its EUR/USD Classic average is calculated by adding the Classic markup to the raw spread.
Leverage and margin requirements
Leverage and margin limits depend on both jurisdiction and asset class. Leverage means controlling a larger position with a smaller amount of deposited capital. Margin is the capital required to open or maintain that leveraged position. Retail leverage is 1:30 in regulated markets and up to 1:500 under eligible offshore conditions.
The Cyprus client agreement states that retail major-currency leverage defaults to 1:30 under CySEC and European rules. The broker's international materials advertise leverage up to 1:500 on eligible products, including forex and gold. Higher leverage increases the speed at which gains or losses affect account equity. A universal fixed stop-out percentage was not confirmed on the current public pages reviewed.
Customer support
Customer support runs through the broker's help channels using email, telephone, and account-based assistance. The official contact page lists help@fusionmarkets.com and +61 3 8376 2706. Product pages describe support as available 24/7. The current site does not provide one definitive public list of every supported service language.
The broker also publishes separate contact and legal details for Vanuatu and Seychelles operations. This helps users match a support interaction to the entity serving their account. Regulation questions should be checked against the exact legal entity shown in the account agreement. The user-aggregate figure displayed on the broker's homepage was 4.5/5 from 1,728 reviews on the scan date.
Demo account and onboarding flow
Demo account access provides virtual funds for testing platforms and order handling before live funding. The broker states that a demo remains active for 30 days. A funded client can request a free extension through support. This means the standard demo is not unlimited by default.
Live onboarding requires personal details, identity verification, and acceptance of the relevant entity's terms. The Zero account walkthrough also shows a risk-understanding quiz before live trading access. Platform, base currency, and account type are selected inside the Client Hub. The practical sequence is identity verification first, then account configuration, then funding through an eligible payment method.
| Feature | Fusion Markets Information |
|---|---|
| Founded | 2019 |
| Headquarters | Australia |
| Disclosed regulators | ASIC 385620; CySEC 444/24; Seychelles FSA SD096; VFSC 40256 |
| Registration verified | CySEC 444/24 confirmed; VFSC 40256 active; other licences disclosed in current legal documents |
| Trading platforms | MT4, MT5, cTrader, TradingView |
| Minimum deposit | $0 |
| Maximum leverage | 1:30 / 1:500 |
| Account types | Zero, Classic, Swap-Free, Demo |
| Islamic account | Available through Swap-Free account |
| Customer support | 24/7; full language list not publicly specified |
| Deposit methods | Bank transfer, Visa/Mastercard, PayPal, Skrill, Neteller, crypto |
Fusion Markets verdict: pros, cons, and the catch
Fusion Markets combines a $0 account minimum, raw pricing from 0.0 pip, and four major trading platforms. Its regulatory structure includes ASIC and CySEC entities alongside Seychelles and Vanuatu entities. The account entity therefore changes the protection framework, leverage ceiling, and potential compensation route. This is the main distinction to check before comparing trading costs.
The pricing model is transparent at the account level: Zero charges $4.50 round turn per standard forex lot, while Classic embeds cost in the spread. The main limitations are the 30-day standard demo, Swap-Free administration charges after seven days, and offshore entity exposure for some clients. The broker also excludes the United States and several other jurisdictions from account opening.
Forex and derivative products carry high leverage; some or all invested capital may be lost. This content is for information only, not investment advice. Verify the broker's current regulation status with the relevant authority's official site before any investment decision.