Fusion Markets Review 2026
Fusion Markets is an Australian broker regulated by ASIC. Most clients outside Australia trade through its offshore Vanuatu or Seychelles entities instead.
Min Deposit
$0
Spreads From
0.0 pips
Max Leverage
1:30
Platforms
4
Pros
- Genuine ASIC license in Australia, verified on the official AFS register
- Independent tests found EUR/USD spreads near 0.02 pips, very tight pricing
- Client funds sit in segregated trust accounts at National Australia Bank
- Works with MetaTrader 4, MetaTrader 5, cTrader, and TradingView, no lock in
- Trustpilot score of 4.8 from over 7,500 reviews, only 3 percent one star
- No set minimum deposit, so new traders can start with a small amount
Cons
- Most clients outside Australia sit under offshore Vanuatu or Seychelles rules
- No investor compensation scheme covers client money if the firm ever fails
- Educational content is thin and not very useful for beginner traders
- Only CFDs are offered, so you never own real shares, bonds, or ETFs
- Stock CFDs cover only about 110 US companies, a narrow selection
- Some reviewers report slippage and bad fills during volatile markets
- Securities Commission Malaysia lists Fusion Markets as unauthorised since 2023
Fusion Markets started in Melbourne in 2017, built by veteran forex traders who wanted lower costs than the big brokers. The Australian entity, FMGP Trading Group Pty Ltd, holds a genuine ASIC license. Clients outside Australia trade through offshore entities in Seychelles or Vanuatu instead.
It only offers CFDs on forex, metals, indices, energy, crypto, and around 110 US stocks, never the real asset. The Zero account runs spreads from 0.0 pips plus a small commission, and independent tests found average EUR/USD spreads near 0.02 pips. There is no set minimum deposit, and trading runs on MetaTrader 4, MetaTrader 5, cTrader, and TradingView.
On Trustpilot, Fusion Markets scores 4.8 from over 7,500 reviews, and only about 3 percent leave 1 star. Reviewers like the fast withdrawals, though some report extra ID checks or slippage in fast markets. Funds sit at National Australia Bank, but the offshore side has no investor compensation scheme.
Min. Deposit
USD 0
Max Leverage
1:30 for ASIC retail clients, up to 1:500 offshore
Spreads From
0.0 pips
Platforms
Fusion Markets is an ASIC-regulated Australian broker established in 2019 and known for one thing above all: the lowest trading costs in the industry. With commissions from $2.25 per lot per side on the ZERO account, Fusion Markets consistently leads comparisons of commission-based ECN brokers.
Despite being a relatively young broker, Fusion Markets has quickly gained credibility through transparent pricing, strong regulatory standing, and a focus on no-frills trading conditions. The broker supports MetaTrader 4, MetaTrader 5, and DupliTrade for copy trading.
Fusion Markets offers 250+ instruments across forex pairs, commodities, indices, and shares, keeping its range focused on the most liquid and actively traded markets. The broker's Classic account offers commission-free trading with slightly wider spreads, while the ZERO account is ideal for high-frequency traders seeking minimal cost per trade.
Classic
ZERO
60+ currency pairs available for trading
Regulation, fund safety, track record
Spreads, execution, leverage
Platform quality, charting, features
Analysis, webinars, learning materials
Support quality, responsiveness
Mobile app quality, features
Regulators
Platforms
- ASIC (Australia)
- VFSC (Vanuatu)
- FSA (Labuan)
Last verified: July 1, 2026
