Fusion Markets Review 2026: Our Complete Analysis
Last updated: January 2026 | view the full broker profile
If you are searching for a low-cost forex broker with razor-thin commissions, this Fusion Markets review will give you everything you need to decide. Founded in 2017 in Melbourne, Fusion Markets has built a reputation among cost-conscious traders by offering ECN commissions as low as 2.25 USD per round-turn lot — significantly undercutting most competitors. This review Fusion Markets covers regulation, trading conditions, platforms, fees, and more.
About Fusion Markets
Fusion Markets was established in 2017 and is headquartered in Melbourne, Australia. The broker operates under the legal entity Gleneagle Asset Management Limited, with additional offices in Port Vila, Vanuatu. It serves 30,000+ clients across more than 80 countries, with the platform available in nine languages including English, French, Spanish, Chinese, and Arabic.
The broker's positioning is straightforward: deliver institutional-grade execution at the lowest possible cost to retail traders. Its marketing is transparent about fees, and the product suite is deliberately focused rather than sprawling.
Regulation and Fund Security
Fusion Markets holds licenses from three regulatory bodies. ASIC (Australia) is the primary and most credible license, carrying enforceable standards for fund segregation and negative balance protection.
| Regulator | Country | License Number | Tier |
|---|---|---|---|
| ASIC | Australia | AFSL 385620 | Tier 1 |
| VFSC | Vanuatu | 40256 | Offshore |
| FSA | Seychelles | SD096 | Offshore |
Client funds are held in segregated accounts, and negative balance protection applies. However, there is no investor compensation scheme (equivalent to the UK's FSCS or the EU's ICF), as Fusion Markets is not regulated by the FCA or CySEC. Traders in Europe and the UK should factor this into their risk assessment.
Is Fusion Markets safe? For traders onboarded under the ASIC entity, the answer is broadly yes — ASIC is one of the world's stricter regulators. Offshore entity clients have fewer protections.
Trading Conditions
Fusion Markets uses a No Dealing Desk (NDD) / STP execution model, meaning orders are routed directly to liquidity providers without a dealing desk intervention. This suits scalpers and algorithmic traders.
Spreads (typical)
| Instrument | Typical Spread |
|---|---|
| EUR/USD | 0.0 pips (Zero account) |
| GBP/USD | 0.3 pips |
| XAU/USD | 0.12 pips |
| BTC/USD | 25 points |
All spreads are variable. The 0.0 pip EUR/USD figure applies to the Zero (RAW) account, where the commission of 2.25 USD per round-turn lot is charged separately.
Account Types
| Account | EUR/USD Spread | Commission | Min. Deposit |
|---|---|---|---|
| Classic | ~0.9 pip | None | $0 |
| Zero (RAW) | ~0.0 pip | 2.25 USD/lot (RT) | $0 |
| Islamic (swap-free) | ~0.9 pip | None | $0 |
There is no minimum deposit requirement across all account types, which is a genuine advantage for new traders testing the broker with a small amount. Scalping, hedging, and Expert Advisors (EAs) are all permitted. Leverage for retail clients is capped at 1:30 (ASIC regulation); professional clients can access up to 1:500.
Trading Platforms
Fusion Markets offers a strong multi-platform lineup covering all major trading environments.
| Platform | Desktop | Web | Mobile | Notes |
|---|---|---|---|---|
| MetaTrader 4 | Yes | Yes | Yes | Industry standard, full EA support |
| MetaTrader 5 | Yes | Yes | Yes | Advanced order types, more timeframes |
| cTrader | Yes | Yes | Yes | Preferred by ECN/STP traders |
| DupliTrade | No | Yes | No | Copy trading, institutional-grade |
| TradingView | No | No | Yes | Integrated charting via mobile |
The absence of a proprietary platform is worth noting — all platforms here are third-party. That said, the combination of MT4, MT5, and cTrader covers virtually every trading style. DupliTrade adds a credible copy trading layer, and MyFXBook AutoTrade integration is also available. A free VPS is offered under conditions, useful for automated strategies.
Tradable Instruments
The instrument catalogue is focused on forex and core CFDs, with no ETFs, futures, or bonds available.
| Asset Class | Number of Instruments |
|---|---|
| Forex pairs | 90+ |
| Stock CFDs | 110+ |
| Commodities | 20+ |
| Indices | 15+ |
| Crypto CFDs | 20+ |
| ETFs | 0 |
| Futures | 0 |
The total of 250+ instruments is adequate for active forex and CFD traders, but traders looking for a broader universe — including ETFs, government bonds, or physical stocks — will need to look elsewhere.
Deposits and Withdrawals
Fusion Markets accepts a wide range of deposit methods with no deposit fees charged.
Deposit methods:
- Bank card
- Bank wire transfer
- Skrill
- Neteller
- PayPal
- POLi
- Cryptocurrencies (BTC, USDT)
Withdrawal conditions:
| Method | Fees | Processing Time |
|---|---|---|
| Bank wire transfer | Free | 1-3 business days |
| Bank card | Free | 1-3 business days |
| Skrill / Neteller / PayPal | Free | Instant |
No minimum deposit, no withdrawal fees, and no inactivity fee. This is among the cleanest fee structures you will find at a retail broker. The e-wallet instant withdrawal option is particularly convenient.
Customer Support and Education
Support runs 24/5 via live chat, email, and telephone, available in nine languages. Response times via live chat are generally rated positively in user feedback.
The educational offering is limited. Video content is available, webinars are described as limited in scope, and there are no structured e-books or courses. A demo account is available. For experienced traders, the lack of deep educational resources is unlikely to be a dealbreaker. For newer traders building foundational knowledge, this is a genuine gap.
Additional tools include Trading Central signals, an economic calendar, and DupliTrade copy trading.
Pros and Cons
Pros:
- Commission among the lowest on the market: 2.25 USD per round-turn lot on the Zero account
- No minimum deposit required and no inactivity fee
- Choice of MT4, MT5, cTrader, and DupliTrade — covers all trader profiles
- ASIC-regulated with segregated client funds and negative balance protection
- Scalping, hedging, and EAs all explicitly permitted
Cons:
- No FCA (UK) or CySEC (EU) regulation — limited investor protection for European clients
- No FSCS or ICF compensation scheme
- Educational resources are thin — not suitable as a learning platform
- Instrument catalogue is narrow: no ETFs, futures, or bonds
- No proprietary platform
FAQ
Is Fusion Markets regulated? Yes. Fusion Markets holds an ASIC license (AFSL 385620) in Australia, which is a Tier 1 regulatory authority. It also holds licenses from VFSC (Vanuatu) and FSA (Seychelles), which are offshore regulators with lighter-touch oversight.
What is the minimum deposit at Fusion Markets? There is no minimum deposit. You can open an account with any amount you choose.
What commissions does Fusion Markets charge? On the Zero (RAW) account, the commission is 2.25 USD per round-turn lot. The Classic account charges no commission but has wider spreads of approximately 0.9 pips on EUR/USD.
Does Fusion Markets allow scalping and EAs? Yes. Scalping, hedging, and Expert Advisors are all permitted across all account types.
Is there an inactivity fee at Fusion Markets? No. Fusion Markets does not charge an inactivity fee, which is notable in a market where many brokers impose monthly charges on dormant accounts.
Verdict
Fusion Markets reviewed 2026 earns a strong recommendation for one specific trader profile: active forex and CFD traders who prioritize low costs above all else. The 2.25 USD per round-turn lot commission on the Zero account is genuinely competitive, the platform selection is excellent, and the fee structure is transparent and clean.
The broker falls short for traders who need FCA or CySEC regulation, a broad instrument catalogue, or structured educational content. It is not the right fit for beginners or UK/EU residents who rely on compensation scheme protections.
Overall score: 7/10
| Criterion | Score |
|---|---|
| Regulation and security | 7/10 |
| Trading costs | 9/10 |
| Platforms and tools | 8/10 |
| Instrument range | 6/10 |
| Education and support | 5/10 |
| Overall | 7/10 |
Trading involves risk of capital loss.
Article by the Analyse Trading team (@analysetrading) · Updated 01/2026 · view the full broker profile
Disclaimer: Trading involves high risk of capital loss. This article is for informational purposes only and does not constitute investment advice.

