I began reviewing forex brokers for FXEmpire in 2022, following my 9-year career as a retail trader and market analyst. I also took an active role in developing our rating system, based on my experience with what traders need and value. For this Fusion Markets review, which is my second for the broker, I used live and demo trading accounts. Based on my hands-on tests, I found Fusion Markets:
🟢 Best For: Forex and energy traders. My hands-on testing revealed that Fusion Markets’ EURUSD (0.9 pips), GBPJPY (1.6 pips), and crude oil ($0.02) spreads consistently beat the industry average. FX and energies traders can benefit from these very competitive spreads and choose from one of Fusion Markets’ highly versatile platforms, including MT4, MT5, cTrader, and TradingView.
🔴 Less Ideal For: Stock traders, as Fusion Markets offers 110 stock CFDs only from US companies, which is rather limited compared to other brokers’ offerings. Plus, the spreads on Apple and Tesla I captured with both the Classic and Zero accounts came in the upper range.
| Trading Style/Profile | Advantages | Drawbacks | Our Verdict |
| Casual Traders | $0 minimum deposit, very competitive spreads, comprehensive market research | — | ⭐ Perfect Match |
| Day Trading | TradingView and cTrader platforms, daily market briefs, signals from Trading Central, very favorable pricing | — | ⭐ Perfect Match |
| Automated Trading | EAs trading on MT4 and MT5, purchasable bots on cTrader + coding area, VPS hosting | Servicing fee for VPS may apply | ⭐ Perfect Match |
| News Trading | Actionable trading signals from Trading Central, in-house market research | — | ⭐ Perfect Match |
| Beginners | Copy trading, actionable trading signals, competitive spreads | Narrow educational offering | ✅ Acceptable Choice |
| Social & Copy Trading | Copy trading via Fusion+ on MT4 and MT5, social trading on TradingView and DupliTrade | Servicing fee may apply | ✅ Acceptable Choice |
| Swing Trading | Acceptable swap fees, powerful trading platforms | Narrow selection of tradable instruments | ✅ Acceptable Choice |
| Scalping | One-click and DoM trading via cTrader and TradingView | Higher-than-average risk of slippage | ✅ Acceptable Choice |
| Investing | — | No real stocks | ❌ Not Recommended |
Fusion Markets was founded in 2019 and is headquartered in Melbourne, Australia. It offers 240+ assets across currency pairs, commodities, stocks, indices, and cryptocurrencies. Fusion Markets stands out for its rich assortment of trading platforms and mostly low trading fees.
Since my previous review of Fusion Markets, the broker has:
✅ Improved its swap rates.
✅ Started a blog.
| Pros | Cons |
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I was most impressed by Fusion Markets’ low trading fees. The broker stays ahead of the curve with its low spreads on forex, commodities, indices, and Bitcoin. For instance, I recorded a $0.02 WTI spread on both the Classic and Zero accounts, beating the industry average of $0.04.
For this review, I opened live and demo versions of the Classic and Zero accounts with Gleneagle Securities Pty Ltd. I tested the cTrader platform on desktop and mobile. I also used MetaTrader 5 to measure Fusion Markets’ order execution speeds. Some features and services may vary by location.
| ☑️ Regulations | VFSC (Vanuatu), FSA (Seychelles), ASIC (Australia) |
| 🗺 Supported Languages | English |
| 💰 Products | Currencies, Stocks, Crypto, Indices, Commodities |
| 💵 Min Deposit | $0 |
| 💹 Max Leverage | 1:500 (VFSC), 1:500 (FSA), 1:30 (ASIC) |
| 🖥 Trading Desk Type | ECN |
| 📊 Trading Platforms | MT4, MT5, cTrader, TradingView, DupliTrade |
| 💳 Deposit Options | Wire Transfer, Credit Card, Debit Card, Neteller, Skrill, PayPal, Cryptocurrencies, PayID, Binance, SticPay, Dragon Pay, XPay, Pix, FasaPay, ZotaPay, Interac |
| 💳 Withdrawal Options | Wire Transfer, Local Transfer, Interac, PayPal, Skrill, Neteller, Cryptocurrencies, Dragon Pay |
| 🤴 Demo Account | Yes |
| 🗓 Foundation Year | 2017 |
| 🌎 Headquarters Country | Australia |
Fusion Markets operates through three entities. Two are regulated offshore by the VFSC of Vanuatu and the FSA of Seychelles, while the third is supervised by the Tier-1 ASIC. I confirmed that all three entities ensure the segregation of client funds, but negative balance protection is guaranteed only for the Australian entity. I appreciated that the Vanuatu-based offshore entity, which onboards international clients, participates in The Financial Resolution scheme, protecting traders in cases of conflict of interest. My one small gripe with Fusion Markets is that its risk notice on trading leveraged products is incomplete.
To confirm Fusion Markets’ client protections, I reviewed the broker’s client agreement by clicking ‘Terms and Conditions’ at the bottom of its website.
Here is what I found about the broker:
| Entity Protections | Gleneagle Securities Pty Limited | Fusion Markets International Ltd | FMGP Trading Group Pty Ltd |
| Segregated Funds (your funds are kept separate from the corporate capital) |
✅ Yes | ✅ Yes | ✅ Yes |
| Negative Balance Protection (your losses cannot exceed your account balance) |
❌ No | ❌ No | ✅ Yes |
| Compensation Scheme (In the event of insolvency, you may be entitled to compensation) |
✅In the event of conflict of interest, you may be compensated by up to EUR 20,000 under The Financial Commission resolution scheme | ❌ No | ❌ No |
| Maximum Leverage | 1:500 | 1:500 | 1:30 |
To learn more about the most important safety mechanisms and how they apply to you, check our dedicated guide on client protections.
I researched Fusion Markets’ company background from its LinkedIn page. From there, I learned that the broker was founded in 2019 and is headquartered in Melbourne, Australia. As of 19 June 2026, Fusion Markets has 132 LinkedIn members, more than most other brokers, indicating the broker’s growing company size.
I accessed the rest of Fusion Markets’ legal documents from the ‘Legal’ section of the website, under ‘About Us’. The section is clearly visible and easy to access. All relevant information is present and easy to understand. Even first-time traders can quickly find their way around it.
On the other hand, I found Fusion Markets’ risk notice to be incomplete. It warns visitors to the website that ‘the investor risks incurring losses exceeding the potential for profits and incurring unlimited losses’, but it does not state the percentage of traders who lose money with this provider.
I found Fusion Markets sufficiently safe to trade with due to the following factors:
Fusion Markets punches above its weight in the Fees category, delivering low costs on most instruments I tested. WTI traded in the $0.02-$0.03 range, while BTCUSD remained consistently at $17. Another highlight was the 0.9-pip EURUSD spread I captured on the Classic account, vs. the industry average of 1.15 pips. The only outlier was stock prices that exceeded the benchmark on both accounts. I also observed a positive improvement in Fusion Markets’ swaps since my 2025 review.
I tested Fusion Markets’ spreads on Classic and Zero accounts on 17 June during the London and New York market openings. I used live accounts on the MetaTrader 5 platform. Here are my results:
| Account Type | Classic | Zero | ||||
| Instrument | Live Spread AM | Live Spread PM | Industry Average* | Live Spread AM | Live Spread PM | Industry Average* |
| EURUSD | 0.9 pips | 0.9 pips | 1.15 pips | 0.0 pips | 0.0 pips | 0.06 pips |
| GBPJPY | 1.5 pips | 1.7 pips | 2.73 pips | 0.6 pips | 0.8 pips | 1.02 pips |
| Gold (XAUUSD) | 19 cents | 24 cents | 33 cents | 13 cents | 10 cents | 11 cents |
| Crude Oil | $0.02 | $0.03 | $0.04 | $0.03 | $0.02 | $0.02 |
| Apple | NA | $7.49 | 32 cents | NA | 28 cents | 24 cents |
| Tesla | NA | $7.49 | 49 cents | NA | 54 cents | 41 cents |
| Dow Jones 30 | 1.6 basis points | 1.6 basis points | 3.3 basis points | 1.6 basis points | 1.6 basis points | 2.2 basis points |
| Germany 40 | 3.2 basis points | 0.8 basis points | 2.6 basis points | 3.2 basis points | 0.8 basis points | 1.5 basis points |
| Bitcoin | $17 | $17 | $45.36 | $17 | $17 | $23.69 |
*These industry average values are derived from a pool of nearly 70 brokers that we tested. The numbers were last updated in January 2026.
Classic Account: My tests showed that Fusion Markets consistently beats the industry benchmark across the most popular assets. I was impressed by 19-cent gold spreads during the London session and the $17 spread on BTCUSD on both sessions.
However, not everything went smoothly in my testing. I captured the massive spreads on AAPL and TSLA at $7.49 both. These absolutely dwarfed the industry average of 32-49 cents. However, there is a caveat. I captured these spreads immediately following the New York market opening – a characteristically volatile time when bid-ask spreads tend to widen due to sudden drops in liquidity.
Just a couple of seconds later, the AAPL and TSLA spreads returned to normal and traded around the industry-average benchmarks of 32 and 49 cents, respectively. What all of that means is that if you plan to trade stocks with Fusion Markets, you’d better avoid doing it immediately before or after major trading sessions.
Zero Account: I confirmed that you can find even lower raw pricing on the Zero Account. I captured spreads of 0.0 pips on EURUSD, around 0.8 pips on GBPJPY, and around 12 cents on gold. These values benefit high-volume traders.
The spreads I captured on instruments from other asset classes mirrored my findings on the Classic account. The highlight of my testing was the $0.02 spread on crude oil, which is why I deem Fusion Markets a great fit for energy traders. I also took down a $17 BTCUSD spread, which solidified Fusion Markets’ status as a crypto-friendly broker.
In addition to spreads, Fusion Markets charges round-trip commissions on the Zero account. A round-turn (also round-trip) commission is a fee you pay to open and close a full-sized contract (100,000 units).
| Asset Class | Commission* | Industry Average |
| Forex Pairs | $4.5 | $5.99 |
| Metals | $4.5 | $5.62 |
| Energies | $0 | $2.74 |
| Stocks | $0 | $1.84 |
| Indices | $0 | $0.9 |
| Cryptocurrencies | $0 | $2.29 |
*Round-turn per one full contract
Fusion Markets’ Zero account only features commissions on FX pairs and metals. I observed a $4.5 round-trip commission, which beats the industry average of $6. Hence, I found Fusion Markets a suitable choice for high-volume traders.
I tested Fusion Markets’ swaps on a Classic account on 17 June 2026. I used a live account with the MetaTrader 5 platform.
The values listed below are for one full base currency contract (100,000 units):
| Instrument | Swap Long | Industry Average |
| EURUSD | Charge of $6.61 | $7.64 |
| GBPJPY | Credit of $9.7 | $7.74 |
| Gold (XAUUSD) | Charge of $60.04 | $65.65 |
| Crude Oil | Credit of $85.9 | $2.22 |
| Apple | Charge of $7.31 | $6.83 |
| Dow Jones 30 | Charge of $5.93 | $86.06 |
| Bitcoin | Charge of $15 | $20.05 |
Fusion Markets’ swaps are a bit of a mixed bag, ranging from ultra-low to very high. While the $5.93 DJI30 swap long considerably beat the benchmark of $86.06, I recorded the $85.9 swap long on WTI oil vs the $2.22 industry average. So I consider Fusion Markets a good choice for overnight position trading on indices. But holding positions in energy commodities could be expensive.
My testing also showed that FX, metals, stocks, and crypto swaps fluctuate around the respective industry averages. Overall, Fusion Markets has improved its swaps since my previous review of the broker last year.
Please note that swaps fluctuate over time, subject to changing interest rates.
To help you understand how much you’ll pay to trade each instrument, I calculated the cost of trade using the formula: spread rate x pip value + commission rate (swaps are not included).
| Instrument | Classic Account | Industry Average | Zero Account | Industry Average |
| EURUSD | $9 | $11.54 | $4.5 | $6.99 |
| GBPJPY* | $10.24 | $17.48 | $8.98 | $12.55 |
| Gold (XAUUSD) | $21.5 | $33.02 | $16 | $17.00 |
| Crude Oil | $25.5 | $39.66 | $25.5 | $29.74 |
| Apple | $749 | $31.78 | $28 | $26.14 |
| Tesla | $749 | $48.73 | $54 | $43.24 |
| Dow Jones 30 | $16 | $33.37 | $16 | $23.90 |
| Germany 40* | $23.6 | $30.51 | $23.6 | $19.90 |
| Bitcoin | $17 | $45.36 | $17 | $25.98 |
*The base currency values are converted to US dollars.
Classic Account: Fusion Markets performed great in my fees testing. Its costs on all popular instruments were lower than our benchmark. I was most impressed by the $17 cost on the BTCUSD and $25.5 on crude oil.
Although stocks didn’t perform well. I calculated that trading Apple and Tesla will cost you $749 per 100 shares vs the industry averages of $31.78 and $48.73. I think such spikes were caused by momentary drops in liquidity.
*Please note that I did not add my Apple and Tesla measurements due to the abovementioned extreme market conditions
Zero Account also demonstrated competitive fees in my test. According to my findings, Fusion Markets offers more favorable pricing on currency pairs and metals via its Zero account. I calculated a $4.5 EURUSD cost, which came in below the industry average of $6.99 and also beat the Classic account’s $9 trade cost. I also captured a $16 cost of trade on gold, which came in marginally better than the industry average of $17.
Stocks weren’t cheaper on the Zero account either. For example, I recorded a $54 cost of trade on Tesla vs the $43.24 industry benchmark.
Fusion Markets scored high in the platforms category. The broker offers the most popular retail platforms in the industry – MT4 and MT5, cTrader, and TradingView. Plus, it provides VPS hosting for low-latency trading, DupliTrade for social and copy trading, and MAM infrastructure for managed trading. I consider Fusion Markets’ selection of software and tools better than most brokers in its tier offer.
| Platform/Tool | Suitable For |
| MetaTrader 4 (Web, desktop, mobile) | Easy order execution, basic technical analysis, automated trading, and trading on the go |
| MetaTrader 5 (Web, desktop, mobile) | Easy order execution, basic technical analysis, automated trading, and trading on the go |
| cTrader | Advanced charting, algo trading, copy trading, programming trading algorithms, Direct Market Access (DMA) via FIX APIs |
| TradingView | Advanced charting, social trading |
| VPS Hosting | Low-latency trading |
| DupliTrade | Social and copy trading |
| MAM (Multi-Account-Manager) | Managed trading |
For this Fusion Markets review, I chose cTrader because it offers the most features and accommodates the widest range of trading styles.
| Feature | What Is It For | Who Is It For |
| Customizable Watchlists | Have your favorite instruments on hand in one place | All types of traders |
| Trading From the Chart | Place your trading orders from the chart |
Day traders, Swing traders |
| One-Click Trading | Instant entries |
Scalpers, News traders |
| DoM Trading | Entries at different price levels |
Scalpers, High-volume traders |
| Setting Alerts | Get notified when the market reaches a specific price level | All types of traders |
| Automated Trading | Automated execution via cBots | Algorithmic traders |
| Coding Environment | Programming your own algorithms | Experienced algo traders |
| Copy Trading | Copy the positions of other traders, list your own strategies and charge a subscription fee | Traders interested in copy trading |
| FIX API Trading | Low-latency trading, Direct Market Access (DMA) trading | Experienced algo traders, high-volume traders |
| Speed Gauge | Measure your order execution performance | Scalpers, High-volume traders, Algorithmic traders |
cTrader’s chart visuals are high-definition and support advanced technical analysis. They are also powered by numerous supporting tools. For example, I used the volume tool on the 2H GBPJPY chart above to track changes in volatility. I also used trend lines to flag a rising wedge pattern before the subsequent bearish correction.
cTrader has good scalability, and I found it very easy to play around with price action, scaling it up and down and looking for good trading setups. The only thing I felt was lacking at cTrader was a full-screen mode.
cTrader’s analytical tools include:
| Feature | Types | What Is It For | Advantages/Drawbacks |
| 86 technical indicators | Oscillators, trend-based, volume-based, and others | Measure the market’s momentum and direction; assess buying and selling pressures |
🟢More options than with other platforms 🔴Easily cluttered |
| 30 drawing tools | Trend lines, channels, Fibonacci, Elliott Waves, and others | Measure the market’s direction, outline ranges and trends, spot trend-continuation and trend-reversal patterns |
🟢Great customizability 🔴No Elliott Waves tool |
| 26 timeframes | From 1 second to 1 month | Scale price action up and down | 🟢More options than with other platforms |
| 6 chart types | Line chart, bar chart, candlesticks | Represent price action in different ways | 🟢More options than with other platforms |
*Based on my opinion of the particular feature’s usability on cTrader vs other retail platforms, like MetaTrader and TradingView.
The cTrader platform by Fusion Markets supports the following order types:
| Order Type | What Is It For | Advantages/Disadvantages | Suitable For |
| Market Orders | Immediate entries at the best possible price |
🟢Guaranteed volume filling 🔴Possible price discrepancies |
Day traders, swing traders, news traders, high-volume traders |
| Limit Orders | Entries at a predetermined price level |
🟢Guaranteed price filling 🔴The market might miss the trigger price |
Scalpers, high-precision traders, day traders |
| Stop Orders | If the stop price is reached, the stop order turns into a regular long/short market order |
🟢Guaranteed volume filling at some predetermined price level 🔴The market might miss the triggering ‘stop’ price |
Algo traders, day traders, high-volume traders, swing traders |
| Stop-loss orders | A conditional order used to protect a primary position |
🟢If the market turns against you, the stop-loss will cut your losses 🔴Static, inflexible |
All traders |
| Trailing Orders | A stop-loss order that moves at a distance from and along with your primary position |
🟢A more flexible option than the static stop-loss order 🔴More easily triggered |
Scalpers, experienced traders |
I tested the cTrader app by Fusion Markets on my personal Google Pixel phone running Android.
I used the app to place market, limit, and stop orders, and to manage my overall exposure. Everything worked smoothly for me. You can access a news screener and an economic calendar via the app. Plus, cTrader’s copy trading environment is also available via mobile.
I learned that Fusion Markets offers copy trading via the Fusion+ service on MT4 and MT5 platforms. It also supports social trading via the DupliTrade platform and TradingView – the industry’s biggest hub for traders to connect and share ideas and know-how.
Copy trading with Fusion Markets is generally free. However, there is a caveat. The signal provider and signal follower need to achieve 2.5 lots of traded volume per month. Otherwise, the signal provider will be charged a $10 flat fee. I also learned that Fusion Markets allows signal providers to set the performance fee they charge their followers, up to 30%.
If you are a high-volume trader looking for fast and precise filling, then you can subscribe to Fusion Markets’ Virtual Private Server (VPS) hosting. The service is available on all platforms supported by Fusion Markets, including MT4, MT5, cTrader, and TradingView.
Fusion Markets can sponsor your VPS if you achieve 20 lots in monthly traded volume.
I learned that Fusion Markets operates as an Electronic Communication Network (ECN) broker. Buying and selling orders are matched electronically using communication networks.
I used the MetaTrader 5 platform to measure Fusion Markets’ order execution speed. I did that by placing several orders on the EURUSD, GBPJPY, Gold, Crude Oil, the Dow Jones 30, Germany 40, and Bitcoin. These orders were executed in quick succession on 17 June, just after the London market opening.
Please note that I used a demo account for my hands-on tests because I did not deposit real capital to my live account. Here are my findings:
| Instrument | Recorded Speed | Industry Average |
| EURUSD | 2997.43ms | 151ms |
| GBPJPY | 147.59ms | 247ms |
| Gold | 241.32ms | 263ms |
| Crude Oil | 145.82ms | 214ms |
| Dow Jones 30 | 160.90ms | 224ms |
| Germany 40 | 149.53ms | 348ms |
| Bitcoin | 208.13ms | 266ms |
*Note that these values are only illustrative and not necessarily what you might experience with the broker
I pitted Fusion Markets’ execution speeds against those of other brokers and found that it performed better than most. Generally, its speeds fluctuated in the 145ms to 245ms range vs the 243ms industry average. The only outlier was the 2999ms delay on EURUSD, which caused slippage.
Fusion Markets offers 240+ tradable instruments across currency pairs, commodities, stocks, indices, and cryptocurrencies. The selection of 81 major, minor, and exotic pairs outpaced the industry average of 60. I also appreciated the diversity of metals. The broker offers gold CFDs denominated in EUR, USD, and AUD, and silver CFDs denominated in EUR and USD. This benefits commodity traders who can avoid paying conversion fees. On the other hand, Fusion Markets has a narrow stock offering, featuring CFDs on US companies only. Moreover, there are no low-risk securities, such as ETFs and bonds.
| Markets | Number | Types | Industry Average |
| Forex Pairs | 81 | Major, Minor, and Exotic | 30 – 60 |
| Commodities | 23 | Metals, Energies, and Softs | 5 – 10 |
| Stocks | 110 | Finance, Retail, Tech, Other | 100 – 500 |
| Indices | 15 | US, EU, Asia, Other | 10 – 20 |
| Cryptocurrencies | 13 | Majors and Minors | 10 – 20 |
Below, I listed a few samples of the assets from Fusion Markets’ selection:
| Currency Pairs | Commodities |
| EURUSD | GBPJPY | AUDCAD | GBPCHF | USDMXN | EURCZK | Gold | Silver | Crude Oil | Brent Oil | Coffee | Wheat | Sugar | Cotton |
| Stocks | Indices |
| Apple | Tesla | Microsoft | Alphabet | Netflix | Boeing | Goldman Sachs | Dow Jones 30 | Germany 40 | Canada 60 | Australia 200 | China 50 | France 40 |
| Cryptocurrencies |
| Bitcoin | Litecoin | Ethereum | Cardano | Polygon | EOS | Polkadot |
I tested Fusion Markets’ support via live chat. It’s available in English 24/7 from the website. You can also contact the broker via email and phone. When I reached out to Fusion Markets, an agent connected to the chat instantly. Their answers were fast and straight to the point. There were no significant gaps in their knowledge, though the agent was not aware of Fusion Markets’ VPS offer.
| Live Chat | Phone | |
| 24/7 from the website | help@fusionmarkets.com | +61 3 83762706 |
I contacted Fusion Markets on 19 June and asked about the broker’s minimum deposit requirement. The agent responded instantly and was very polite.
I then inquired about Fusion Markets’ copy trading and VPS offerings. The agent provided fast answers on copy trading, supported by links. However, they did not seem to know that the broker offers sponsored hosting to active traders who achieve 20 lots per month. At least this is the information that I found on Fusion Markets’ website.
I concluded that Fusion Markets’ customer support is fast and reliable, tracking with industry standards. However, I’d recommend speaking with an account manager if you have more specific questions.
Fusion Markets accepts payments via bank wire, credit and debit cards, and multiple e-wallets, including PayPal, Skrill, and Neteller. I counted 24 payment options, which is one of the largest stacks in our catalog of reviewed forex brokers. I also learned that Fusion Markets does not charge a handling fee on deposits and withdrawals, though third-party processing fees may apply. According to the broker, withdrawals are processed 24/7, and the processing time usually takes less than 1 hour.
Please note that I did not deposit any real funds with Fusion Markets for the purposes of this review.
| Deposit Method | Currencies | Fee | Processing Time |
| Bank Wire | AUD, CAD, EUR, GBP, SGD, JPY, THB, USD | $0 | 1-5 business days |
| Credit/Debit Cards | AUD, CAD, EUR, GBP, SGD, USD | $0 | Instant |
| Interac | CAD | $0 | 30 mins – 3 hours |
| PayPal | AUD, CHF, CZK, DKK, EUR, GBP, HUF, NOK, PLN, SEK, SGD, USD | $0 | Instant |
| PayID | AUD | $0 | Instant |
| Crypto | EUR, USD | $0 | Instant |
| BinancePay | EUR, USD | $0 | Instant |
| Skrill | USD, AUD, GBP, EUR, SGD, JPY | $0 | Instant |
| Neteller | USD, AUD, GBP, EUR, SGD, JPY | $0 | Instant |
| Jetonbank | AUD, CAD, EUR, GBP, JPY, SGD, USD | $0 | Instant |
| MiFinity | USD, CAD, EUR, GBP, AUD | $0 | Instant |
| SticPay | AUD, CAD, EUR, GBP, JPY, SGD, THB, USD, CNY, KRW | $0 | Instant |
| ZotaPay | JPY, INR, CNY, GHS, KES, NGN, RWF, TZS, UGX, XAF, ZMW | $0 | Instant |
| DragonPay | PHP | $0 | Instant |
| VNPay | VND | $0 | Instant |
| VAPay | IDR | $0 | 1-2 business days |
| XPay | THB, IDR, VND, MYR, JPY | $0 | Instant |
| DuitNow | MYR | $0 | 1-2 business days |
| FasaPay | USD, IDR | $0 | Instant |
| DurianPay | IDR | $0 | 1-2 business days |
| FPX | MYR | $0 | 1-2 business days |
| Pix | BRL | $0 | Instant |
| MPESA | JPY, INR, CNY, GHS, KES, NGN, RWF, TZS, UGX, XAF, ZMW | $0 | Instant |
Note that if your deposit currency differs from your account base currency, you may have to pay a conversion fee.
| Withdrawal Method | Currencies | Fee | Processing Time |
| Bank Wire | AUD, CAD, EUR, GBP, SGD, JPY, THB, USD | $0 | 3-5 business days |
| Local Bank Transfer | THB, IDR, VND, MYR, CNY, USD, AUD, GBP, EUR, SGD, CAD | $0 | 1-2 business days |
| Interac | CAD | $0 | 1-2 business days |
| PayPal | AUD, CHF, CZK, DKK, EUR, GBP, HUF, NOK, PLN, SEK, SGD, USD | $0 | Instant |
| Skrill | USD, AUD, GBP, EUR, SGD, JPY | $0 | Instant |
| Neteller | USD, AUD, GBP, EUR, SGD, JPY | $0 | Instant |
| Crypto | EUR, USD | $0 | Instant |
| Jetonbank | AUD, CAD, EUR, GBP, JPY, SGD, USD | $0 | 1-2 business days |
| DragonPay | PHP | $0 | 1-2 business days |
| MiFinity | USD, CAD, EUR, GBP, AUD | $0 | Instant |
Fusion Markets offers two account types: Classic and Zero. One features commission-free trading, while the other has raw spreads from 0.0 pips plus commission. There is no minimum deposit requirement, which is a big plus, and you can always start with a demo account. It took me less than 10 minutes to set up my account with Fusion Markets. I also learned that Fusion Markets offers Islamic accounts for swap-free trading.
To open an account with Fusion Markets, follow these simple steps:
| Account Type | Classic | Zero |
| Spread From | 0.9 pips | 0.0 pips |
| Commission* | $0 | $4.5 |
| Base Currencies | EUR, USD, AUD, GBP, CAD, JPY, SGD, THB, HUF, CZK, DKK, PLN, NOK, SEK, CHF | EUR, USD, AUD, GBP, CAD, JPY, SGD, THB, HUF, CZK, DKK, PLN, NOK, SEK, CHF |
| Minimum Deposit | $0 | $0 |
| Available Platforms | MT4, MT5 | MT4, MT5, cTrader, TradingView |
| Minimum Traded Volume | 0.01 lot | 0.01 lot |
| Standard Contract Size | 100,000 units | 100,000 units |
| Margin Call | 90% | 90% |
| Stop Out | 20% | 20% |
| Swap Free Account | Yes | Yes |
| Demo Account | Yes | Yes |
*Round-turn per one full contract
Fusion Markets’ Classic and Zero accounts differ in two ways. One is their pricing mechanisms, and the other is the platforms they support. The Classic account is calibrated for commission-free trading and floating spreads from 0.9 pips, while the Zero account features raw spreads from 0.0 pips and a $4.5 round-turn commission per traded lot (100,000 units).
I consider the Zero account the far better option. It has no minimum deposit requirement and lower fees. It also supports the cTrader and TradingView platforms, which are far more robust than MT4 and MT5.
The maximum retail leverage with Fusion Markets is 1:500. It means that if you open a trade with a $100 margin and use the full 1:500 leverage, you would be able to open a position worth $50,000.
A word of caution: Trading on margin with high leverage is extremely risky and may result in significant losses.
| Asset | Maximum Retail Leverage |
| Currency Pairs | 1:500 |
| Metals | 1:500 |
| Energies | 1:500 |
| Softs | 1:100 |
| Stocks | 1:20 |
| Indices | 1:100 |
| Cryptocurrencies | 1:10 |
Fusion Markets does not accept as clients residents of Afghanistan, Congo, Iran, Iraq, Japan, Myanmar, New Zealand, North Korea, Ontario (Canada), Palestine, Russia, Spain, Somalia, Sudan, Syria, Ukraine, Yemen, the United States, or any other jurisdiction where trading is prohibited by law.
Fusion Markets delivers layered market research for casual, day, news, and swing traders. The highlight of the offering is the Trading Central package, which features actionable trading signals and economic sentiment gauges. The TC signals are also integrated on the cTrader platform, enabling instant entries. I also rated Fusion Markets’ own research content highly, which includes an economic calendar and daily market briefs. All things considered, Fusion Markets delivers better market research than most of its competitors.
I used Fusion Markets’ economic calendar to screen the week’s most important market events. The calendar displays expert forecasts and previous release results, as well as a supporting chart. The setup is pretty standard for the industry.
Fusion Markets’ economic calendar is one of the positive developments since my previous review. I found dozens of articles about major market trends. I especially enjoyed the “Stuff that makes you think” segment and found it very valuable. I read a couple of articles from it, one flagging the peculiarities of holiday trading in June and another explaining why FX markets react before the news hits. The material was tight and easy to assimilate.
The Trading Central signals inform you of viable trading opportunities as they appear. Each signal contains an entry price, a target level, and a stop-loss level. I checked one such signal for a short trade on the EURUSD pair. It was published on Fusion Markets’ cTrader platform on 19 June at 13:00 UTC+1.
The signal identified a key resistance level at 1.1490 and suggested a likely continuation of the downtrend towards 1.1400. I went over the parameters of the signal and found it logical. I identified a bearish 1-5 Elliott wave pattern that aligned with the TC projections.
If you are into video format, Fusion Markets provides market briefs on its YouTube channel. The ‘Week Ahead’ and ‘Market Insights’ segments keep track of the latest market developments and flag upcoming events that can create viable trading opportunities. I watched one such analysis of the week’s most important events, and found it very useful.
Fusion Markets delivers a solid collection of educational videos and articles that study essential trading concepts, such as what a pip is and how to use moving averages. I worked through some of the articles and credited Fusion Markets for their insight. However, Fusion Markets lacks webinars and structured courses. Still, I found Fusion Markets suitable for first-time traders.
Fusion Markets has published a dozen articles on its Blog. They mostly focus on technical analysis and offer critical insights into price action. I also appreciated that the text is supported by visuals to help better illustrate the topic. I reviewed one such article on moving averages, which did a very good job of explaining what it means when price action touches the 50-day and 100-day MAs.
I also counted over 140 platform tutorials on the Fusion Markets’ YouTube channel. These cover the full range of functionalities of the MT4, MT5, cTrader, and TradingView platforms from start to finish.
While Fusion Markets’ offering is adequate for beginners, it has significant gaps. Primarily, the broker offers almost no content on fundamental analysis, risk management, or trading psychology. This limits the ceiling for intermediate and advanced traders, and they might have to look for such content elsewhere.
Fusion Markets ranks among the top-performing brokers in our catalog. The Australian forex and CFD broker, which was founded in 2017, offers 240+ tradable instruments at generally low fees.
Using the robust cTrader and MT5 platforms, I recorded tight spreads on all popular assets, except for Apple and Tesla shares. I captured a 0.9-pip EURUSD spread, a $17 BTCUSD spread, and a $0.02-WTI spread.
I also learned that Fusion Markets provides free VPS hosting for low-latency trading to active traders and supports social and copy trading via DupliTrade. Moreover, the broker provides actionable trading signals from Trading Central. Both MT4 and MT5 are available, plus Fusion Markets offers TradingView, with its fresh look and the best charts in the industry.
The only area where I see room for improvement is education. While the broker has published a range of articles and video platform tutorials, it could bring even more value to its clients by adding regular webinars and structured trading courses.
All things considered, I found Fusion Markets a great option for day traders, copy traders, algo traders, and news traders.
Please note that for this review of Fusion Markets, I did not:
Headquarters Country | Australia |
Foundation Year | 2017 |
Regulations | VFSC (Vanuatu), FSA (Seychelles), ASIC (Australia) |
Publicly Traded | No |
Number Of Employees | 132 |
Trading Desk Type | ECN |
Trading Platforms | MT4, MT5, cTrader, TradingView, DupliTrade |
Restricted Countries | Afghanistan, Congo, Iran, Iraq, Japan, Myanmar, New Zealand, North Korea, Russian Federation, Spain, Somalia, Sudan, Syria, Ukraine, Yemen, United States |
Supported Languages | English |
Min Deposit | $0 |
Max Leverage | 1:500 (VFSC), 1:500 (FSA), 1:30 (ASIC) |
Deposit Options | Wire Transfer, Credit Card, Debit Card, Neteller, Skrill, PayPal, Cryptocurrencies, PayID, Binance, SticPay, Dragon Pay, XPay, Pix, FasaPay, ZotaPay, Interac |
Withdrawal Options | Wire Transfer, Local Transfer, Interac, PayPal, Skrill, Neteller, Cryptocurrencies, Dragon Pay |
Time to Withdrawal | 3 |
Time to Open an Account | 7 |
Crypto | Bitcoin, Ethereum, Litecoin, Stellar, EOS, Solana, Polygon, Chainlink, Dogecoin |
Products | Currencies, Stocks, Crypto, Indices, Commodities |
Demo Account | Yes |
OCO Orders | No |
Offers Hedging | No |
Automated Trading | Yes |
API Trading | No |
Guaranteed Stop Loss | No |
Guaranteed Limit Orders | No |
Guaranteed Fills / Liquidity | No |
Economic calendar | Yes |
Trading From Chart | No |
One-Click Trading | Yes |
Expert Advisor | Yes |
Social Trading | Yes |
Autochartist | No |
Trading Signals | Yes |
Platform Languages | English |
24 Hours Support | Yes |
Support During Weekends | Yes |
Live Chat | Yes |
Daily Market Commentary | Yes |
News (Top-Tier Sources) | Yes |
Webinars | No |
Deposit Fee | No |
Withdrawal Fee | No |
Inactivity Fee | No |
Having been a retail trader since 2013, Plamen has gained an in-depth understanding of the challenges that novice traders face today. His expertise is swing trading and day trading with a heavy emphasis on psychological and fundamental analysis. Plamen’s favourite trading instruments include FX majors and gold. He earned a Bachelor's degree in Economics and International Relations. Plamen's broad experience has equipped him with the expertise to recommend the best forex brokers.
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