Fusion Markets Forex Broker Review
FXMARE editorial rating, not user reviews.
Reviewed by the FXMARE Research Desk under our review methodology · licences last verified 2026-06-25
Australian low-cost ECN broker with near-zero raw spreads and $4.50 round-turn commissions across MT4, MT5, cTrader, and TradingView — outstanding value for active forex traders, but international clients get thin regulatory cover.
Spreads, minimum deposit and leverage are indicative and vary by account type and jurisdiction — confirm current terms on the broker’s site.
Between 74% and 89% of retail investor accounts lose money when trading CFDs.
You should consider whether you understand how CFDs and leveraged products work and whether you can afford to take the high risk of losing your money. FXMARE is not a broker and does not offer these products; figures are indicative of those disclosed by regulated providers. This page is information, not financial advice. See our full risk disclosure.
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Fusion Markets Overview
Australian low-cost ECN broker with near-zero raw spreads and $4.50 round-turn commissions across MT4, MT5, cTrader, and TradingView — outstanding value for active forex traders, but international clients get thin regulatory cover.
Fusion Markets is regulated by ASIC (Australia), VFSC (Vanuatu), FSA (Seychelles). Independently verifiable licences include ASIC AFS Licence 385620 — FMGP Trading Group Pty Ltd. Regulatory coverage is solid, though some entities operate under lighter offshore licences — check which one you are onboarded to.
EUR/USD spreads start around 0.04 pips on the raw/ECN account (about 0.9 pips on the standard, commission-free account), with $4.50 (Zero account; $2.25 per side) commission. The minimum deposit is $0 (no minimum; practical minimum $1 via PayID/Pix, $10 for most other methods) and maximum retail leverage is 1:30 (ASIC/AU retail); 1:500 (VFSC/FSA offshore entities). Swap-free (Islamic) trading is offered conditionally — Available on request to clients with religious grounds; covers ~50 most-liquid instruments only (exotics excluded); no swap for first 7 days, then admin fees apply per instrument ($15–$120 per lot per day on major FX pairs depending on pair); clients cannot hold mixed swap/swap-free accounts; broker reserves right to revert accounts suspected of exploiting the arrangement..
Platforms include MT4, MT5, cTrader, TradingView, Fusion+ Copy Trading, DupliTrade, Multi Account Manager. Fusion Markets provides 250+ CFDs (90+ forex pairs, 110+ US stock CFDs, 15 indices, ~13 crypto CFDs, metals and energy) across Forex, Indices, Stocks, Commodities, Crypto, funded via Visa/Mastercard, Bank wire (SWIFT), PayPal, Skrill, Neteller, Cryptocurrency.
Fusion Markets has built a genuine reputation as one of the cheapest ways to trade forex, with raw EUR/USD spreads averaging around 0.04 pips and a $4.50 round-turn commission that undercuts most ECN rivals. Australian clients benefit from solid ASIC oversight with segregated funds held at National Australia Bank, but the majority of international traders are routed to weaker Vanuatu or Seychelles entities where investor protections are minimal. The broker is a strong fit for cost-conscious active traders who prioritise execution price over educational support or a wide equity universe.
Headquarters: Melbourne, Victoria, Australia (Level 10, 627 Chapel St, South Yarra VIC 3141) · Funding: Visa/Mastercard, Bank wire (SWIFT), PayPal, Skrill, Neteller, Cryptocurrency, BinancePay, Interac (Canada)
Pros
- Industry-leading low cost: ~$4.50 round-turn commission plus ~0.04 pip raw EUR/USD spread on ZERO account
- No minimum deposit and zero broker-side deposit/withdrawal fees
- Broad platform choice: MT4, MT5, cTrader, TradingView, and DupliTrade all supported
- 24/7 customer support via live chat, phone, and email; Trustpilot 4.8/5 from 7,500+ reviews
- 90+ forex pairs with fast execution (~37 ms average)
Cons
- Non-Australian clients fall under weaker VFSC or FSA oversight with no negative balance protection guarantee
- Swap rates reported above-industry average, making overnight carry trading costly
- Swap-free account limited to ~50 instruments with admin fees kicking in after 7 days
- Thin educational offering and no international equity exposure (US stocks only)
Ratings Breakdown
Fusion Markets Fees & Costs
Regulation & Safety
Licence numbers link to each regulator’s public register so you can verify them yourself. Last checked 2026-06-25.
Fusion Markets is authorised by ASIC (Australia), VFSC (Vanuatu), FSA (Seychelles). Brokers regulated in tier-1 jurisdictions are generally required to hold client money separately from company funds and may offer protections such as negative-balance protection or an investor-compensation scheme — the exact safeguards depend on the entity you sign up with. As with all trading, your capital is at risk. Confirm which entity, licence and protections apply to your country on the regulator’s register before funding an account.
Platforms
Available on desktop, web and mobile. Tradable across Forex, Indices, Stocks, Commodities, Crypto. Track every position you take with Fusion Markets in the FXMARE trading journal.
FXMARE Verdict
Fusion Markets has built a genuine reputation as one of the cheapest ways to trade forex, with raw EUR/USD spreads averaging around 0.04 pips and a $4.50 round-turn commission that undercuts most ECN rivals. Australian clients benefit from solid ASIC oversight with segregated funds held at National Australia Bank, but the majority of international traders are routed to weaker Vanuatu or Seychelles entities where investor protections are minimal. The broker is a strong fit for cost-conscious active traders who prioritise execution price over educational support or a wide equity universe.
Fusion Markets — frequently asked questions
Is Fusion Markets regulated?
Fusion Markets states it is authorised by ASIC (Australia), VFSC (Vanuatu), FSA (Seychelles). We last checked those licence details against the regulators' own public registers on 2026-06-25. Licences are entity-specific: the group company that onboards you depends on your country, so confirm which entity your client agreement names before depositing.
What is the minimum deposit at Fusion Markets?
Fusion Markets lists no minimum deposit. Minimums vary by account type, funding method and regional entity, so treat this as indicative and confirm the figure on the broker's own site for the account you intend to open.
What spreads does Fusion Markets offer on EUR/USD?
Fusion Markets advertises spreads from 0.04 pips (raw/ECN), with EUR/USD quoted around 0.9 pips (standard) · 0.04 pips + commission (raw). Commission: $4.50 (Zero account; $2.25 per side). Advertised "from" figures are floors seen in ideal conditions rather than averages — compare total cost per round turn (spread plus commission) at the volume you actually trade.
What is the maximum leverage at Fusion Markets?
Fusion Markets advertises up to 1:30 (ASIC/AU retail); 1:500 (VFSC/FSA offshore entities). Leverage caps are set by the regulator of the entity you trade with, so retail clients in the UK, EU and Australia receive materially lower caps than the headline figure. Higher leverage magnifies losses as much as gains.
Does Fusion Markets offer swap-free (Islamic) accounts?
Partly. Fusion Markets offers swap-free trading with conditions. Available on request to clients with religious grounds; covers ~50 most-liquid instruments only (exotics excluded); no swap for first 7 days, then admin fees apply per instrument ($15–$120 per lot per day on major FX pairs depending on pair); clients cannot hold mixed swap/swap-free accounts; broker reserves right to revert accounts suspected of exploiting the arrangement.
Which platforms does Fusion Markets support?
Fusion Markets supports MT4, MT5, cTrader, TradingView, Fusion+ Copy Trading, DupliTrade, Multi Account Manager. Platform availability can differ by entity and account type — a platform offered in one region is not guaranteed in another, so verify it is available on the specific account you plan to open.
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Complaints & Resolutions
No complaints filed against Fusion Markets. If you’ve had an unresolved issue, you can file one above.
FXMARE may earn a commission if you open an account through links on this page, including any placement marked Sponsored. This does not affect our independent rating of Fusion Markets. Trading forex and CFDs carries a high level of risk and most retail accounts lose money. This review is information, not financial advice — verify all terms with the broker directly.