Fusion Markets Review (2026)
Low-cost broker with $4.50 round-turn commission and no minimum deposit.
Licences: ASIC, CySEC, VFSC, FSA — the exact entity (and protection) depends on your country. See licence evidence ↓
The 60-second verdict
Fusion Markets scores 82/100 on our method — best suited to cost-focused traders, low commissions, no minimum deposit traders, and a weaker fit if you want us residents.
Best for
- Cost-focused traders
- Low commissions
- No minimum deposit
Not best for
- US residents
- Canadian residents
- Broad multi-asset range
Score breakdown
Affiliate commission is weighted 0% and never affects this score.
Regulation & legal entities
Four legal entities: FMGP Trading Group Pty Ltd (ASIC — Australian clients only), Fusion Markets EU Ltd (CySEC), Gleneagle Securities Pty Limited (VFSC, Vanuatu) and Fusion Markets International Ltd (FSA, Seychelles). Most clients outside Australia and the EU are onboarded by an offshore entity — check which entity is on your client agreement before depositing.
| Regulators | ASIC — Australia, licence 385620 (Tier 1)Pending — verifychecked 2026-08-12 CySEC — Cyprus, licence 444/24 (Tier 2)Verified on registerchecked 2026-08-12 VFSC — Vanuatu, licence 40256 (Tier 3)Verified on registerchecked 2026-08-12 FSA — Seychelles, licence SD096 (Tier 3)Pending — verifychecked 2026-08-12 |
| Segregated client fundsSegregated fundsClient money held in bank accounts kept separate from the broker's own funds, so it isn't used to run the business and is easier to return if the firm fails. | Yes |
| Compensation scheme | ICF up to €20,000 (CySEC entity clients) |
| Negative-balance protectionNegative-balance protectionA safeguard that stops your account going below zero, so you can't end up owing the broker more than you deposited. Mandatory for retail clients in some regions. | Yes, for retail clients where required/applicable by region |
Source: our licence-evidence log — status shown per licenceConfirm licence numbers on the official register before depositing.
Is Fusion Markets regulated? Full register check, entity by entity →
- 2026-02-10 · Alberta Securities Commission (Canada): fusionmarkets.com added to the ASC Investment Caution List: the entity 'is not registered to trade in or advise on securities or derivatives in Alberta.' official source
Neutral, sourced notes only — not an accusation. We show documented regulatory history where we have an official source.
Which Fusion Markets entity would onboard you?
The brand is not the counterparty — the legal entity on your client agreement sets your regulator, protections and terms. These are the entities we track for this broker.
| Legal entity | Regulator | Typically onboards | Protection notes |
|---|---|---|---|
| FMGP Trading Group Pty Ltd Australia | ASIC (Tier 1) | AU | No compensation scheme identified |
| Fusion Markets EU Ltd Cyprus | CySEC (Tier 2) | CY, IT, PL, PT | ICF — up to €20,000 for eligible clients. |
| Gleneagle Securities Pty Limited Vanuatu | VFSC (Tier 3) | Most other countries (rest-of-world default) | No compensation scheme identified |
| Fusion Markets International Ltd Seychelles | FSA (Tier 3) | Most other countries (rest-of-world default) | No compensation scheme identified |
See which entity likely applies to your country with the entity checker — and always confirm the entity named on your client agreement at signup.
Fees & spreads
| Typical spreadSpreadThe gap between the buy (ask) and sell (bid) price. It's a core trading cost — tighter spreads are cheaper for you. (EUR/USD) | from 0 pips |
| CommissionCommissionA flat per-trade fee, common on raw/ECN accounts that show tighter spreads. Always compare spread + commission together as the all-in cost. | $4.5 per lot |
| Minimum deposit | $0 |
| Inactivity fee | None advertised — verify your entity's client agreement |
| All-in cost index | $···· (1/5) |
Figures are typical published values, not live quotes. Costs and charges may vary depending on the jurisdiction, account type and entity that holds your account.
Pros
- Zero-account commission of $2.25 per side ($4.50 round turn) with spreads from 0.0 pips — among the lowest published pricing we track
- No minimum deposit, $0 deposit/withdrawal fees on listed methods and most withdrawals processed under an hour (broker-stated)
- MT4, MT5, cTrader and TradingView, with DupliTrade and Fusion+ copy trading
Cons
- Around 250 instruments — much narrower than multi-asset rivals
- Non-AU/EU clients sit under offshore entities (Vanuatu/Seychelles), and Alberta's regulator lists the site on its Investment Caution List
Products shown are offered as CFDs unless otherwise stated. Crypto CFDs do not provide ownership of the underlying cryptoasset. Product availability varies by region.
Complaints & track record
Young Australian-born discount broker (launched 2019, per its founder) with a cost-focused following. Note two Canada-specific items: Fusion's own terms restrict Ontario residents, and the Alberta Securities Commission added fusionmarkets.com to its Investment Caution List in February 2026 — we treat Canada as unavailable.
Fusion Markets — common questions
Is Fusion Markets regulated?
Fusion Markets is regulated by ASIC (Australia), CySEC (Cyprus), VFSC (Vanuatu), FSA (Seychelles). Client funds are held in segregated accounts, with ICF up to €20,000 (CySEC entity clients). The applicable licence and investor-protection scheme depend on the legal entity that onboards you, which varies by country — confirm the specific licence on the regulator's official register before depositing.
What is the minimum deposit at Fusion Markets?
Fusion Markets minimum deposit is $0. Deposit methods include Card, Bank transfer, PayPal, Crypto, Skrill, Neteller, Local methods. Available payment methods may vary depending on your jurisdiction, and depending on the payment method, third-party or bank charges may apply.
How long do withdrawals take at Fusion Markets?
Typical withdrawal time is Under 1 hour (broker-stated). Actual speed depends on your payment method and identity verification.
Is Fusion Markets good for beginners?
Fusion Markets is better suited to traders with some experience (beginner score 78/100). Beginners may prefer a simpler, lower-risk platform.
How does Clarytrade make money from this review?
If you open an account through our link, Fusion Markets pays us a commission at no extra cost to you. It does not affect our score — commission is weighted 0% in our method.
Is Fusion Markets available in Canada?
We treat Canada as unavailable. Fusion's own terms name Ontario residents as restricted, and the Alberta Securities Commission added fusionmarkets.com to its Investment Caution List in February 2026 (not registered in Alberta). Canadian residents should verify registration on CSA/provincial registers before depositing anywhere.
Does Fusion Markets have a minimum deposit?
No — Fusion's own pages state there is no minimum account size. Small minimums can still come from individual payment providers, and pricing/terms can change: verify on the current account pages before funding.
This is a research-based review. We use published broker information, regulatory registers, pricing disclosures and platform documentation, scored against our published 8-criteria method— we don't claim live account testing unless stated. Figures are indicative; verify current terms with Fusion Markets before depositing. We earn a commission if you open an account through our links — at no extra cost to you. It does not change our rankings. How we make money.
We earn a commission if you open an account through our links — at no extra cost to you. It does not change our rankings. How we make money.
