Overview
Fusion Markets is an Australia-based forex and CFD broker founded in 2019. Its appeal is easy to understand: trading costs are low, the platform choice is unusually flexible, and clients face few restrictions on common strategies such as scalping, hedging, news trading, and automation.
The account structure is also refreshingly simple. The Zero account targets active traders with raw spreads from 0.0 pips and a $2.25 commission per standard lot per side. The Classic account takes a more straightforward approach, with no separate commission and the broker's charge built into the spread.
There is no minimum account deposit, while the smallest trade size is 0.01 lot. Eligible international clients can access leverage of up to 1:500, although the actual limit depends on the regulatory entity and the instrument being traded.
Pros
- Low commission on the Zero account
- No minimum account deposit
- No broker deposit, withdrawal, or inactivity fees
- Strong choice of established trading platforms
- Scalping, hedging, news trading, and EAs are allowed
- Copy trading, API access, and VPS options
Cons
- Client protection varies by regulatory entity
- No traditional welcome or deposit bonus
- Some advanced services have eligibility requirements
- Accounts are unavailable in several jurisdictions
- Payment methods vary by location
Fusion Markets Rating
- Trust and Safety
- Fees and Commissions
- Deposits and Withdrawals
- Tradable Instruments
- Trading Platforms and Tools
- Account Opening
- Customer Support
- Market Research
- Learn
- Bonuses and Promotions
- 1 Star
- 2 Star
- 3 Star
- 4 Star
- 5 Star
How we test Brokers ?
Trust and Safety
Fusion Markets operates through regulated entities in Australia, Seychelles, and Vanuatu. That gives the broker a broader regulatory footprint, but it also means traders should pay attention to the entity behind their account rather than relying only on the Fusion Markets name.
The difference is practical, not just legal. Leverage limits and negative balance protection can change depending on the jurisdiction.
Client money is held separately from the broker's operating funds. This segregation is an important safeguard because trader deposits are not intended to finance normal company expenses. It does not remove trading risk, but it creates a clearer separation between client assets and the broker's own finances.
Negative balance protection needs a closer look because the rules are not identical across all Fusion Markets entities. Australian retail accounts operate under ASIC requirements. Under the policy effective from 23 July 2026, eligible VFSC and Seychelles accounts can receive negative balance protection on an account-by-account basis, but the protection is neither automatic nor guaranteed.
That distinction matters most when leverage is high. A heavily leveraged account can move into difficulty quickly during sharp market gaps or high-impact news events.
The 90% margin call gives traders an early warning that account equity is getting close to required margin. If the margin level continues to deteriorate, positions can begin closing at the 20% stop-out level.
Trading freedom is another positive point. Scalping, hedging, Expert Advisors, and news trading are all permitted, so most traders can keep their existing strategy rather than changing it to fit the broker.
Execution risk still applies. Slippage remains possible when prices move quickly or liquidity becomes thin.
Fees and Commissions
Spreads
Fusion Markets uses floating spreads, so trading costs can change with market liquidity and volatility. The Zero account starts from 0.0 pips and is aimed at traders who prefer tighter raw pricing with a separate commission. The Classic account starts from around 0.9 pips, with the broker's charge already built into the spread. Weighted average spreads include about 1.1 pips on EUR/USD, 0.9 pips on GBP/USD, 0.10 points on gold, and 0.33 points on the S&P 500 CFD. These are reference average spreads rather than fixed rates, so spreads can widen during major news releases or quieter market conditions.
Commission
Fusion Markets keeps commission pricing straightforward. On the Zero account, forex and metals trades are charged at $2.25 per standard lot per side, which works out to $4.50 round-turn. This separate commission structure pairs with raw spreads from 0.0 pips and suits active traders who prefer to see the trading cost clearly rather than have it built into a wider spread. The Classic account takes the simpler route, with no separate commission because the broker's charge is included in the spread.
Overnight Swap Fees
Positions kept open after the daily rollover can attract overnight financing. Rates differ by instrument and trade direction, so longer-term traders should check the applicable swap before holding a position for several days.
Intraday traders avoid this charge when positions are closed before rollover.
Currency Conversion Fees
Conversion costs become relevant when the account currency does not match the funding currency or the currency of a trading profit or loss.
The choice of 14 base currencies gives international clients a good chance of avoiding unnecessary conversions, particularly when deposits and withdrawals are made in the same currency as the account.
Other Fees
Fusion Markets keeps non-trading fees fairly light. There is no broker charge for opening an account, making a deposit, requesting a withdrawal, or leaving the account inactive. That makes the cost structure easier to manage for traders who do not trade every month. The main point to watch is third-party charges, since banks, card providers, e-wallets, or other payment services can still apply their own fees even when Fusion Markets does not.
Deposits and Withdrawals
Deposit Methods
Fusion Markets gives clients several ways to fund an account, including Wire Transfer, Visa, Mastercard, PayPal, Skrill, Interac, Apple Pay, Neteller, Sticpay, DragonPay, DuitNow, FasaPay, Pix, and MPESA. The mix covers traditional banking, cards, e-wallets, and regional payment services, which makes funding fairly flexible for international traders. Availability can vary by country, so the exact methods shown in the client area may differ depending on the trader's location.
Withdrawal Methods
Fusion Markets supports withdrawals through Wire Transfer, PayPal, Skrill, Interac, Neteller, DragonPay, Bitcoin, Bitcoin Cash, Litecoin, Ethereum, ERC20, Tether, and Ripple. This gives clients a mix of bank, e-wallet, and crypto options, which is useful for traders who prefer different ways of moving funds. As with deposits, the methods available can vary by country and account, so the withdrawal options shown in the client area may not be identical for every trader.
Deposit Processing Time
Deposit speed depends on the payment method. Cards, e-wallets, and supported crypto deposits are typically credited instantly, making them the quickest choices when funds need to reach the trading account quickly. Bank wires take longer, usually around 1 to 5 business days. The final timing can still vary depending on the bank or payment provider handling the transaction.
Withdrawal Processing Time
Withdrawal times vary depending on how the funds are sent. E-wallet and supported crypto withdrawals are typically completed within 24 hours, while local bank transfers usually take 1 to 2 business days. International bank wires are slower and can take around 3 to 5 business days. The final arrival time may also depend on the receiving bank, payment provider, or blockchain network.
Deposit Methods:
Withdrawal Methods:
Tradable Instruments
Forex
More than 90 currency pairs cover the familiar majors and minors as well as a wider selection of less commonly traded currencies.
The 0.01-lot minimum also makes position sizing flexible. Combined with raw pricing and permission for scalping, hedging, news trading, and EAs, the setup is well suited to traders who are active in the currency market.
Precious Metals
The metals range includes gold, silver, copper, platinum, and other contracts. Gold is one of the most widely followed instruments in the metals range, with price movements often influenced by inflation expectations, interest rates, and broader risk sentiment.
For traders who already follow macroeconomic themes in forex, metals fit naturally alongside currency positions.
Energy and Soft Commodities
Crude oil, Brent oil, natural gas, and soft commodity CFDs give traders exposure to markets driven by supply conditions, geopolitics, weather, and global demand.
The range covers the main contracts most retail CFD traders are likely to look for without trying to be a specialist commodity platform.
Indices
The index selection focuses on the major markets rather than sheer quantity. Benchmarks such as the S&P 500 and NASDAQ give traders access to broad US market moves without having to choose an individual company.
For most CFD traders, that is likely to be enough. Those looking for a very deep list of regional or niche indices may find the range less extensive.
Cryptocurrencies
Crypto exposure comes through CFDs rather than direct coin ownership. Traders can speculate on price movements without managing wallets or blockchain transfers.
Leverage is capped at up to 1:5, far below the forex maximum. Given the speed of crypto price swings, the lower ceiling is an important risk control rather than a meaningful limitation for most retail traders.
Stocks
More than 110 US share CFDs are available through MetaTrader 5. The selection is useful for traders who want to move between currencies and major US companies without opening a separate share trading account.
The range is solid for CFD trading, though it is not designed to compete with brokers that specialize in thousands of global equities.
Trading Conditions
More than 250 products are available across forex, precious metals, commodities, indices, cryptocurrencies, and US share CFDs. The lineup is broad enough for most CFD traders, although forex is clearly the strongest part of the range.
These are maximum levels rather than standard settings for every client. Regulatory limits can reduce them considerably, particularly for Australian retail accounts.
Trading Platforms and Tools
5/5
MetaTrader 4
MT4 remains the familiar option for forex traders who depend on Expert Advisors, custom indicators, and established trading templates.
The interface shows its age, but its huge ecosystem still matters. Traders who have spent years building MT4 tools and automated systems around the platform have little reason to abandon it.
MetaTrader 5
MT5 is the stronger choice for anyone looking beyond pure forex trading. It brings additional timeframes, a broader multi-asset structure, and access to Fusion Markets' US share CFD range.
For a new client choosing between the two MetaTrader versions, MT5 is generally the more flexible starting point unless a specific MT4 tool or Expert Advisor is required.
cTrader
cTrader feels noticeably more modern. The cleaner interface, depth-of-market information, one-click trading, and strong charting make it particularly appealing to active manual traders.
It also gives clients who dislike the MetaTrader layout a genuine alternative rather than a lightly modified version of the same experience.
TradingView
TradingView adds one of the better charting experiences in retail trading. Connecting a Fusion Markets account directly allows technical analysis and order execution to stay in the same workspace.
For traders who already build watchlists, alerts, and indicators in TradingView, this removes an unnecessary step from the trading process.
WebTrader
WebTrader is not the feature that will convince most people to choose the broker, but it is a useful backup. Positions can still be checked and managed when desktop software is unavailable.
Mobile Trading
Mobile access handles the tasks that matter away from a desk: checking prices, monitoring exposure, adjusting orders, and closing positions when needed.
It works best as a companion to the desktop platforms rather than a replacement for serious chart analysis.
Copy Trading
Fusion+, DupliTrade, and Myfxbook AutoTrade give clients several routes into copy trading.
The selection is better than relying on a single provider, but traders should still judge the underlying strategy carefully. Copying a profitable track record does not guarantee that the same approach will continue to perform.
API Trading
More technical clients can move beyond normal platform automation. Institutional traders may apply for FIX API access, while cTrader provides an Open API for custom applications and automated execution.
For the typical retail client, Expert Advisors remain the easier solution. FIX connectivity becomes more valuable once a trader has established systems, sufficient trading volume, and the necessary technical infrastructure.
VPS Hosting
A VPS matters most to traders running automated strategies that cannot afford interruptions. Clients trading more than 20 lots of forex or metals within 30 days can qualify for a sponsored service.
Those below the required volume can still use discounted third-party VPS providers, so the feature is not limited entirely to high-volume accounts.
Account Opening and Fees
Zero Account
The Zero account makes the most sense for traders who care about the exact cost of every position. Raw spreads keep pricing tight, while the commission is shown separately rather than hidden inside a wider spread.
That structure is especially practical for scalpers, high-frequency traders, and anyone comparing transaction costs across brokers.
Classic Account
The Classic account removes one layer of calculation. There is no separate trading commission, so the cost is visible directly in the spread.
Beginners may find that easier to follow, although the trade-off is wider pricing than on the Zero account.
Swap-Free Account
Eligible clients can request swap-free treatment when religious requirements prevent them from paying or receiving overnight interest.
An administrative charge can still apply when positions remain open beyond the permitted period, including trades held for more than 7 days.
Opening an Account
- Complete the online application.
- Choose the preferred account and platform.
- Submit identity documents.
- Provide proof of address when requested.
- Complete any additional compliance checks.
- Fund the approved account.
- Log in to the selected trading platform.
Customer Support
Fusion Markets provides customer support 24/7 through live chat, email, and phone, which is useful for traders operating across different market sessions. Live chat is usually the quickest option, with responses taking around 2 minutes, while phone calls are typically answered in about 3 minutes, and email replies typically arrive within 1 to 3 hours. Support is available in English and Thai, and traders can contact the team by phone at +61 3 8376 2706 or by email at [email protected].
Market Research
Fusion Markets keeps its market research practical, focusing on tools that traders can use directly when planning positions. The available resources include an economic calendar, trading calculators, live and historical spread data, trading tools, and Week Ahead webinars. The spread history is especially useful because it shows how trading costs can change under different market conditions rather than relying only on the lowest advertised spread.
The economic calendar also helps traders prepare for scheduled events that can increase volatility, widen spreads, or cause slippage. Overall, the research section is more focused on day-to-day trading decisions than on long analyst reports or institutional-style market coverage.
Learn
The educational material is aimed mostly at beginners and developing traders. Topics include forex basics, CFDs, leverage, risk management, order types, platform use, and automated trading.
The explanations are accessible without being overly technical, which suits someone still learning the language of the market.
The limitation is depth. Traders looking for a structured academy with long courses, detailed testing, and advanced strategy modules may find the material lighter than the education centers offered by some larger brokers.
As a practical introduction, though, it does the job well.
Bonuses and Promotions
Deposit Bonus
There is no standard deposit bonus.
Welcome Bonus
New clients do not receive a traditional welcome bonus simply for opening an account.
Refer a Friend
The Refer a Friend program can provide rewards of up to $500 per referral when the referred client meets the required deposit and trading conditions.
This is more useful to existing clients with a genuine network of traders than to someone choosing a broker purely for a sign-up incentive.
Affiliate Program
Website owners, publishers, and marketers can earn CPA payments for qualifying referrals, with tracking and reporting tools included in the partnership system.
Introducing Broker Program
The Introducing Broker model is aimed at partners who prefer recurring commission from eligible client activity rather than a one-time CPA payment.
Premium Benefits
High-volume clients can qualify for extras such as commission rebates, VPS support, and more personalized service.
These benefits become more meaningful for active traders than for occasional clients because eligibility is tied to trading activity.
Trading Contests
No standard trading contest or demo competition is currently part of the promotional lineup.
Final Verdict
Fusion Markets is strongest in the areas many active traders care about most: pricing, platform choice, and freedom of execution.
The Zero account is competitively priced, the broker does not interfere with common trading styles, and clients can choose between MT4, MT5, cTrader, TradingView, and WebTrader.
There are also fewer nuisance fees than at many brokers. No broker-set minimum deposit, no inactivity charge, and no broker fee on deposits or withdrawals make the account easier to maintain, especially for traders who are not active every week.
The main area that needs careful attention is regulation. An Australian retail account and an offshore account can have very different leverage and protection conditions. The leverage of up to 1:500 therefore needs to be viewed in the context of the entity that actually holds the account.
The market range is broad enough for most CFD traders, though it is stronger in forex than in areas such as equities or specialist indices.
For beginners, the Classic account and demo environment provide the easier entry point. More experienced traders are likely to see greater value in the Zero account, raw spreads, automated trading, VPS access, and the wider choice of execution platforms.
FAQ
Does Fusion Markets have a swap-free account?
Yes. Eligible clients can request swap-free treatment, although administrative charges can apply to positions held beyond the permitted period.
Can traders use Expert Advisors?
Yes. Expert Advisors can be used on MetaTrader accounts.
Does Fusion Markets offer copy trading?
Yes. The available options include Fusion+, DupliTrade, and Myfxbook AutoTrade.
Who is Fusion Markets best suited to?
Fusion Markets is best suited to cost-conscious forex and CFD traders who value low transaction costs, established trading platforms, and relatively few restrictions on trading style.
Sophia Lane
Sophia Lane is a forex market analyst and reviewer specializing in broker rankings, trading conditions, fees, regulation, and platform transparency. She helps traders compare brokers through clear, practical analysis focused on reliability, cost, and overall trading experience.