The 30-second verdict
Fusion Markets is worth considering for cost-conscious forex traders who can match the account and platform to their needs. Its account-specific EUR/USD pricing is the main attraction, but the legal entity serving you determines which protections apply.
Pros
- The Classic and Zero accounts have no minimum deposit requirement.
- For a 100,000 EUR round-turn EUR/USD trade, the Zero account's total cost is $4.50, compared with $9.20 on the Classic account.
- Clients can choose among TradingView, MetaTrader 4, MetaTrader 5, cTrader and WebTrader, subject to account and platform eligibility.
Cons
- The legal protections and complaint routes differ between the Australian, Cyprus/EEA and international entities.
- The instruments are CFDs or leveraged FX rather than direct ownership of shares, commodities or cryptocurrencies.
- The reported execution-speed measurements come from a 2026 MT4 demo test, not a live-trading test.
Our main findings on Fusion Markets
The headline terms need to be read alongside the entity serving your account: regulatory protections and product rules are not identical across jurisdictions.
| Minimum deposit | $0 |
| Regulation | ASIC, CySEC, FSA (Seychelles), VFSC (Vanuatu) |
| Platforms | TradingView, MetaTrader 4, MetaTrader 5, cTrader, WebTrader |
| Trading costs | EUR/USD round trip per 100k EUR — Classic: $9.20; Zero: $4.50 |
| Withdrawals | Wire Transfer, PayPal, Skrill, Interac, Neteller, DragonPay, Bitcoin, Bitcoin Cash, Litecoin, Ethereum, ERC20, Tether, Ripple |
| Retail eligibility | Yes (Classic account offered to beginners) |
What stands out
- Because the accounts have no minimum deposit requirement, clients can meet the broker's account-opening terms without a stated minimum account balance.
- A trader can choose between a spread-based Classic account and a raw-spread Zero account with a separate commission, rather than relying on one pricing structure.
- A client using cTrader can run cloud cBots continuously, while cBot creation and testing remain centred on the Windows or Mac application.
What needs scrutiny
- Confirm the contracting entity before opening an account, since Australian, Cyprus/EEA and international protections differ.
- Check that the intended account and platform combination is available to you, particularly if you rely on cTrader or automated trading.
- Compare costs using the same instrument, trade size and round-turn basis, and account separately for overnight financing where relevant.
Is Fusion Markets safe, legit and regulated?
Fusion Markets operates through several regulated entities, so the brand name alone does not establish which rules or complaint arrangements apply to a particular client. The contracting entity is the starting point for assessing the account's protections.
Which legal entity serves the customer?
| Legal entity | Regulator | License / register | Client regions |
|---|---|---|---|
| FMGP Trading Group Pty Ltd | ASIC | 385620 | Australian clients only |
| Fusion Markets EU Limited | CySEC | 444/24 | EEA / Cyprus |
| Fusion Markets International Ltd | FSA (Seychelles) | SD096 | International / Seychelles entity (subject to exclusions) |
| Gleneagle Securities Pty Limited / Vanuatu entity | VFSC (Vanuatu) | 40256 | International / Vanuatu entity (subject to exclusions) |
What protection actually applies?
Australian retail clients of the ASIC entity are subject to Australian retail CFD leverage limits, margin close-out rules and negative-balance protections. Cyprus/EEA clients fall under the MiFID framework, with compensation eligibility depending on the entity and client. The Seychelles and Vanuatu entities operate under their local frameworks; UK, EU and Australian retail protections and compensation schemes do not automatically extend to those accounts.
Fusion Markets fees, spreads and real trading costs
For a 100,000 EUR round-turn EUR/USD trade, the Classic account has a 0.92-pip spread and no commission, giving a total cost of $9.20. The Zero account has a zero-pip spread and a $4.50 round-turn commission, giving a total cost of $4.50, or 0.45 pips, on the same stated basis.
| Instrument & account | Observed spread | Commission | Round-trip total |
|---|---|---|---|
| EUR/USD · Classic | 0.92 pips | $0 | 0.92 pips; $9.20 |
| EUR/USD · Zero | 0 pips | $4.50 | 0.45 pips; $4.50 |
Trading commissions and account-level pricing
The Classic account builds its FX trading charge into the spread, whereas the Zero account uses raw spreads and a separate commission. The figures above apply only to the specified EUR/USD trade size and round-turn basis; they do not establish costs for other instruments or account jurisdictions.
Overnight financing and non-trading fees
Leveraged positions held overnight may incur swap or financing charges, which vary with the instrument and can be a cost or a credit. Inactivity fees are entity-dependent: the stated examples are up to $10 annually after 12 months under the FSA entity and €10 monthly after 12 months under the EU entity. Currency conversion charges can also apply when funds or trades involve a currency different from the account's base currency.
Deposits and withdrawals: what really happens?
Fusion Markets lists broker-side deposits and withdrawals as free, although banks, payment providers, merchants, networks or recipients may charge their own fees. Processing ranges from instant internal handling for some methods to several business days for bank transfers, and does not guarantee the time taken for funds to settle.
| Payment method | Funding minimum | Fee | Time / restrictions |
|---|---|---|---|
| Cards | USD 10 | Deposit: Free (broker; issuer may charge) | Deposit: Instant |
| E-wallets | USD 10 | Deposit: Free (broker; wallet/provider may charge); Withdrawal: Free (broker; merchant fee may apply for non-trading use) | Deposit: Instant; Withdrawal: Instant (internal processing) |
| Bank transfer | USD 10 (wire) | Deposit: Free (broker; intermediary banks may charge); Withdrawal: Free (broker; intermediary bank charges possible) | Deposit: 1–5 business days; Withdrawal: Wire: 3–5 business days; local: 1–2 business days |
| Mobile Money | USD 10 (M-PESA) | Deposit: Free (broker) | Deposit: Instant (internal processing) |
| Local / QR payments | PayID: AUD 1; Pix: USD 1; other local methods USD 10–50 | Deposit: Free (broker); Withdrawal: Free (broker; recipient costs possible) | Deposit: PayID/Pix: instant; some local bank routes: 1–2 business days; Withdrawal: 1–2 business days |
| Crypto | # | Withdrawal: Free (broker; merchant/network costs may apply) | Withdrawal: Instant (internal processing) |
How to request a withdrawal
- #
Withdrawal problems reported online
Some Trustpilot reviewers report withdrawal issues, while Reddit discussions include reports of routine withdrawals. These are individual accounts and do not establish a general outcome for Fusion Markets customers.
Deposit Methods
Withdrawal Methods
Account types, leverage and trading conditions
Both the Classic and Zero accounts have no minimum deposit requirement, although the minimum for an individual deposit depends on its payment method. Fusion Markets also offers a demo account, while the platform and account combination available to a client can depend on eligibility.
| Account | Minimum | Pricing | Platform | Leverage |
|---|---|---|---|---|
| Classic | No minimum | Variable spread markup; no FX trading commission | MT4; MT5; TradingView (cTrader not confirmed for Classic) | Up to 1:500 (equity-based tiers) |
| Zero | No minimum | Raw spread from 0.00 pips + $2.25 per side / $4.50 round trip per standard FX lot | MT4; MT5; cTrader; TradingView (entity/platform eligibility applies) | Up to 1:500 (equity-based tiers) |
Demo account and free practice tools
The demo account lets traders practise with the broker's platforms before committing funds. Demo use does not establish how live orders will execute.
Leverage, stop-out levels and risk
The account information gives maximum leverage of up to 1:500, subject to equity-based tiers, jurisdiction and instrument. The stated margin-call level is 90% and the stop-out level is 20%; these levels do not remove the possibility of losses on leveraged positions.
Trading platforms, MT4/MT5 and mobile apps
Fusion Markets offers browser, desktop and mobile access through its supported platforms, with different tools suited to chart-led, manual or automated workflows. The available platform can depend on account and entity eligibility.
| Platform | Available devices | Limitations |
|---|---|---|
| TradingView | Web, Desktop, Mobile | TradingView strategy orders are evaluated by its broker emulator; a Pine strategy by itself is not universal live broker auto-execution. |
| MetaTrader 4 | Web, Desktop, Mobile | Full MQL4/EAs/custom-script functionality is desktop/VPS-centric; the browser/mobile clients do not provide the full desktop automation environment. |
| MetaTrader 5 | Web, Desktop, Mobile | Full EA/custom-code development and testing are desktop/VPS-centric; browser/mobile versions are primarily for trading and monitoring. |
| cTrader | Web, Desktop, Mobile | Creating, editing, backtesting and optimising cBots is centered on cTrader Windows/Mac; broker permissions can also affect automation. |
| WebTrader | Web, Mobile | Browser version lacks the full desktop MetaTrader automation/development environment. |
What the trading interface looks like
TradingView combines charting, Pine Script research and backtesting, alerts and broker-connected discretionary trading. MetaTrader and cTrader offer their own charting and order interfaces, while WebTrader enables browser-based manual trading without a desktop installation.
Automation, APIs and copy trading
MT4 Expert Advisors and MT5 Expert Advisors and Strategy Tester are desktop- or VPS-centred; their browser and mobile versions are mainly for trading and monitoring. cTrader supports cBots in C# or Python, with cloud cBots able to run continuously, although broker permissions can affect automation. TradingView strategies use its broker emulator and do not by themselves guarantee unattended live execution; the available account information also describes cTrader Open API access and institutional FIX API access for eligible professional or institutional clients. Fusion Markets supports copy trading through Fusion+, DupliTrade and Myfxbook AutoTrade.
Which markets can you trade or invest in?
Fusion Markets' market access is primarily through leveraged FX and CFDs, so price exposure does not generally confer ownership of the underlying asset. Crypto CFDs are not available to UK retail clients, and the source lists bonds, ETFs and options as not offered.
| Market | Underlying asset or derivative? | Supported instruments | Restrictions |
|---|---|---|---|
| Forex | Leveraged FX (CFD / rolling spot) | 90 | Forex trading involves leveraged positions. Trading exotic or less liquid currency pairs may cost more, and positions held overnight may incur swap or financing charges. Eligible clients may have access to leverage of up to 1:500. |
| Indices | Index CFDs | 15 | Index CFDs provide exposure to index price movements without giving traders ownership of the underlying shares. Cash and futures contracts can have different trading hours, terms and financing costs. Eligible clients may have access to leverage of up to 1:100. |
| Commodities | Commodity CFDs | 26 | Commodity CFDs provide exposure to price movements without requiring physical delivery. Trading hours depend on the contract, and financing charges may apply. Eligible clients may have access to leverage of up to 1:500. |
| Stocks | Stock CFDs | 110 | Stock CFDs track share prices without giving traders ownership or voting rights. Positions held overnight may incur financing charges, and the range is weighted towards US-listed shares. Eligible clients may have access to leverage of up to 1:20. |
| Crypto | Crypto CFDs | 13 | Crypto-linked contracts provide price exposure rather than ownership of coins or holdings in a personal wallet. Crypto derivatives are not available to UK retail clients. Eligible clients outside restricted jurisdictions may have access to leverage of up to 1:10. |
Order execution, slippage and performance
Fusion Markets describes its execution as ECN-style. Market orders follow the available quote, so the execution price can change as liquidity changes; limit orders will not accept a worse price than their limit, but may not execute.
Report measured outcomes
A 2026 MT4 demo test recorded 77 ms for market orders and 79 ms for limit orders. These figures describe that demo test and are not live execution guarantees.
Disclose limitations
Changing liquidity can result in either price improvement or adverse slippage. Standard stop-loss orders carry gap risk and are not fixed-price exits, so they may not close at the specified level when prices gap.
Customer support, research and education
Fusion Markets offers support through live chat, email and phone, alongside market information and educational material for traders who want to research or learn about trading.
Customer Support
Support is stated to be available 24/7. Clients can contact the broker by live chat, email or phone, with English and Thai as support languages.
Market Research and Education
The economic calendar and price charts help clients follow scheduled events and market movements. The broker's Learn pages group introductory trading material, market insights and explanations of the broker, with blog posts and webinars also available.
Customer reviews, complaints and reputation
Customer discussions include positive reports about trading costs and support, alongside individual concerns about onboarding, execution and withdrawals. These accounts are mixed experiences rather than evidence that any one outcome is typical.
| Source | Profile and dates | Positive themes | Negative themes |
|---|---|---|---|
| Trustpilot | Profile: Fusion Markets Dates: Profile URL audited 18 Oct 2026. | Low Trading Costs; Customer Support; Fast Transactions | Deposit Delays; Withdrawal Issues; Support Delays |
| Forex Peace Army | FPA profile available | Checked: 18 Oct 2026 | Review dates cited: 2023-07-29 to 2026-09-19 | Trading costs, Customer support | Trade-handling dispute |
| Profiles: r/Forex Dates: 2025-06-10, 2025-09-20 Context: unverified Reddit user discussion | Competitive spreads, Low commissions, Prompt support, Routine withdrawals | Onboarding questions, Execution questions, Cost questions |
What customers say about Fusion Markets?
Two verified Reddit excerpts illustrate the different kinds of experience reported. The negative account concerns an onboarding questionnaire and does not establish a withdrawal refusal.
“Personally use it. Never had any issues.”
“I did once & failed. As a result, my account was being blocked.”
Who should use Fusion Markets, and who should avoid it?
Fusion Markets' fit depends on whether a trader values low-cost forex execution, wants direct ownership of assets or prioritises a particular regulatory framework.
New traders
The Classic account is offered to beginners and has no account-opening deposit minimum, which lowers the initial funding barrier. Learning to trade leveraged FX and CFDs remains a separate challenge, and a demo account can help users practise platform operation before risking capital.
Active forex traders
Active forex traders can choose between spread-based Classic pricing and the Zero account's raw-spread-plus-commission structure, then use MetaTrader or cTrader automation where eligible. The account-specific EUR/USD comparison is most relevant to traders whose instrument and trade size match that stated basis.
Long-term investors
Long-term investors seeking direct ownership of shares, funds or coins will not get that through the stock and crypto CFDs, which track prices without conferring ownership. Leveraged positions held overnight may also incur financing charges.
Regulation-first customers
Australian retail clients have the ASIC entity's stated retail CFD protections, while eligible Cyprus/EEA clients fall under a different framework and may qualify for the Cyprus ICF subject to its terms. International clients should distinguish the Seychelles or Vanuatu entity's local arrangements from Australian or EU protections.
Fusion Markets alternatives worth considering
FP Markets is an option to investigate if a broader choice of trading platforms is central to your decision, since its supported software can include MetaTrader, cTrader or TradingView depending on location. GO Markets offers a GO Plus+ account that can be compared with Fusion Markets' Zero format.
| Broker | Best for | When it is better | Important caveat |
|---|---|---|---|
| Fusion Markets | Understanding a Zero forex account | Fusion Markets offers a Zero account alongside other forex trading arrangements. It is worth comparing if the account setup and trading platform matter to your strategy. | “Zero” does not mean every trade is free. Read the complete account conditions and check which legal entity will service your account. |
| FP Markets | Choice of trading platforms | At FP Markets, the supported software can include MetaTrader, cTrader or TradingView depending on location. It is worth checking if you want a broader choice of trading platforms alongside the type of account you use at Fusion Markets. | Supported platforms and markets depend on the account and jurisdiction. Confirm availability of the exact Raw or Standard account you intend to use. If the switch is from Fusion Markets, test the trading software and order types before committing. |
| GO Markets | GO Plus+ account users | GO Markets offers GO Plus+ alongside a Standard trading account. It provides a GO Plus+ account to compare with Fusion Markets’ Zero format, including the platforms each one supports. | GO Plus+ terms and eligibility depend on the relevant entity. Check account currency, supported platforms and the agreement. |
Can you open an account in your country?
Fusion Markets offers a Classic account to beginners, but that eligibility statement does not establish availability in every jurisdiction. The entity serving the account determines the applicable terms.
How the signup process works
- Prepare a government-issued photo ID and a recent utility bill or bank statement showing your residential address for identity and address verification.
Final verdict: should you trade with Fusion Markets?
Choose Fusion Markets if account-specific forex pricing and a choice of established trading platforms matter more to you than direct asset ownership; hesitate if you cannot confirm that the entity available to you offers the protections you require.
How we researched this review
This review assesses Fusion Markets' regulation and client protections, trading and non-trading costs, account conditions, funding, platform capabilities, instruments, execution evidence and customer feedback.
| Review area | Research focus |
|---|---|
| Legal entity and licence | Identify the contracting firms, regulators, licence references and regional protections. |
| Fees and account terms | Compare trading costs, account conditions and additional charges by account type. |
| Withdrawals | Examine payment methods, stated processing times and applicable charges. |
| Customer feedback | Compare recurring themes across dated customer reviews and discussions. |
Frequently asked questions
8 questionsIs Fusion Markets legit or a scam?
Fusion Markets operates through entities regulated by ASIC, CySEC, the FSA in Seychelles and the VFSC in Vanuatu. Which regulator and protections apply depends on the entity that serves your account.
Is Fusion Markets regulated in my country?
Fusion Markets has regulatory entities for Australian, Cyprus/EEA and some international clients, but this does not establish that it serves customers in every country. Your contracting entity determines the applicable rules and protections.
What is Fusion Markets's minimum deposit?
Fusion Markets does not require a minimum deposit to open a live trading account. Individual funding methods can still have transaction minimums.
How long do Fusion Markets withdrawals take?
Internal processing is instant for e-wallet and crypto withdrawals, while local bank transfers and local or QR methods take 1–2 business days and bank wires take 3–5 business days. These are processing times, not guaranteed bank settlement times.
Does Fusion Markets charge withdrawal fees?
Fusion Markets lists its own withdrawal fee as free for the supported methods in its withdrawal information. Intermediary banks, merchants, networks or recipients may still charge costs.
Does Fusion Markets support MT4, MT5 or TradingView?
Yes, Fusion Markets supports MetaTrader 4, MetaTrader 5 and TradingView, alongside cTrader and WebTrader. Availability can depend on the account and the entity serving you.
Is Fusion Markets good for beginners?
Fusion Markets offers a Classic account to beginners and has no account-opening deposit minimum. Its products are leveraged, however, and beginners should understand CFD and margin risks before trading.
Who owns Fusion Markets, and where is it based?
Fusion Markets is headquartered in Victoria, Australia.
Comments
No reader reviews yet
Be the first to leave a review. Your experience helps other traders compare with real accounts, not just marketing.
Write the first review