Clarytrade
20 brokers indexedcommission weighted 0%
Pre-Deposit Broker Scan
Fusion Markets logo
Higher riskStronger profile

Fusion Markets broker scan

Regulation, real cost, withdrawal friction and red flags to check before you deposit. Melbourne, Australia · founded 2019.

ASICCySECVFSC+1EU
0
Scan score
82/100
Commission weighted 0%
Main caution: Leveraged CFDs — you can lose more than you deposit.
Best for
Cost-focused traders
Not ideal for
US residents

Not available to US residents (including US territories) or clients in several other countries per Fusion's own terms. Canada: Ontario residents are restricted by Fusion's terms, and Alberta's securities regulator lists the site on its Investment Caution List — we conservatively treat all of Canada as unavailable. — confirm before opening an account.

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.

Bottom line

Fusion Markets has competitive all-in trading costs and reasonable deposit and withdrawal handling, but it offers leveraged CFDs, where most retail accounts lose money, and some clients may be onboarded through an offshore entity with weaker protection. Before depositing, verify the exact legal entity, product access and withdrawal terms that apply to you — and it's worth comparing alternatives before you decide.

Worth comparing if
  • you prioritise regulation
  • you trade forex or CFDs
  • you care about cost transparency
  • you want clearer withdrawal terms
Check alternatives if
  • you want to own spot crypto, not crypto CFDs
  • you're unsure which legal entity would apply to you
  • you're outside its stronger-regulated regions
  • you want non-CFD / direct investing only
Founded
2019
HQ
Melbourne, Australia
Min deposit
$0
Withdrawal
Under 1 hour (broker-stated)

Research-based summary — informational only, not financial advice and not a safety guarantee. Verify directly before depositing.

Last updated August 2026·Spreads, fees and withdrawal times are typical/indicative and change with account type and market conditions — verify current terms with the broker before you deposit.·How we score

Scan readout

Eight signals, scored the same way

Regulation confidence74

Medium confidence

Real trading cost93

Competitive all-in cost

Withdrawal friction92

Fast typical payouts

Platform fit84

MT4, MT5

Product risk44

high-risk product mix

Transparency82

Clearly disclosed

Reputation signals78

Complaints & track record

Country availability58

Varies by country

Safety

Regulation snapshot

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.

Regulation confidenceMedium (74/100)
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 schemeICF 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

Fusion Markets uses at least one offshore entity. The licence that protects your money is the one in your client agreement — not necessarily the headline badge. Check which entity onboards you.

Regulatory history (documented)
  • 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.

Source: our licence-evidence log — status shown per licenceVerify these licences on the official regulator register before depositing — how to check.

Is Fusion Markets regulated? Full register check, entity by entity →

Most withdrawal delays are verification delays — how to tell a lawful check from a stall.

Entity check

Which entity could apply to you?

Fusion Markets may onboard you through a different legal entity depending on your country — which can change your regulator and protection. Decode the entity that may apply before you deposit.

Check account entity
Cost

Real cost snapshot

All-in cost score93/100
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$0
Inactivity feeNone advertised — verify your entity's client agreement
All-in cost index$···· (1/5)

Last updated August 2026·Spreads are typical published figures, not live quotes; fees can change by account type and region. Costs and charges may vary depending on the jurisdiction. — verify current terms with the broker before you deposit.·How we score

Getting paid out

Withdrawal check

Typical withdrawal speed Under 1 hour (broker-stated) (Fast)
Deposit / withdrawal methodsCard, Bank transfer, PayPal, Crypto, Skrill, Neteller, Local methods
VerificationIdentity verification (KYC) required before the first withdrawal.
Account security2FA mandatory. Second factor on the withdrawal itself.Per Fusion Markets's own help centre, read 5 Sept 2026. All brokers compared

Withdrawal rules can vary by entity, country and payment method — and regulated brokers usually return funds to your original deposit method first. Available payment methods may vary depending on your jurisdiction, and depending on the payment method, third-party or bank charges may apply. See how withdrawals work.

Risk

Product risk

This reflects the risk of the products offered (e.g. leveraged CFDs) — not the broker's trustworthiness. A lower-risk product label is not an endorsement of the broker.

Product risk levelHigher caution
CFD / leverage riskHigh
Max leverage (region-aware) globally; capped at 30:1 for retail clients in the UK/EU/Australia.
Crypto CFDsOffered via CFDs — you don't own the underlying coins.
Risk warning. CFDs and leveraged products are complex and high-risk. You can lose more than you deposit. Between 62% and 78% of retail CFD accounts lose money. Only trade with money you can afford to lose.

Products shown are offered as CFDs unless otherwise stated. Crypto CFDs do not provide ownership of the underlying cryptoasset. Product availability varies by region.

Things to check

Red flags & what to verify

Neutral checks, not accusations. Confirm each one directly before funding an account.

Mixed regulation — check which entity onboards you
High-risk product mix (leverage / CFDs)

Want to recognise these yourself? Try the broker red-flag detector.

Get the broker deposit checklist.

A plain-English checklist for checking regulation, fees, withdrawal terms, leverage risk and red flags before you fund an account.

Educational checklist only — not investment advice and no trading signals. We store your email to send the checklist; no spam. See our privacy policy.

Compare

Alternatives to Fusion Markets

Other regulated platforms worth scanning side by side, with the single strongest reason each could be a better fit.

XTB logo

Listed multi-asset broker with commission-free real stocks and a top platform.

0
Match
Medium riskHigh regulation

Why this fits: Stronger regulatory profile vs Fusion Markets. Scan it before you decide.

Real cost
$$···
Withdrawal
Same – next day
Min deposit
$0
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
XM logo

Large retail broker with low minimums, micro accounts and heavy education.

0
Match
Higher riskMedium regulation

Why this fits: Better beginner fit vs Fusion Markets. Scan it before you decide.

Real cost
$$$··
Withdrawal
1–2 days
Min deposit
$5
Leveraged CFDs — you can lose more than you deposit.
IC Markets logo

High-volume raw-spread ECN broker popular with scalpers and EAs.

0
Match
Higher riskHigh regulation

Why this fits: Stronger regulatory profile vs Fusion Markets. Scan it before you decide.

Real cost
$····
Withdrawal
Same – next day
Min deposit
$200
Leveraged CFDs — you can lose more than you deposit.

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.

FAQ

Fusion Markets — common questions

Quick, research-based answers to what people check before depositing. Informational only — verify directly.

Is Fusion Markets regulated?+

Fusion Markets holds licences from ASIC (Australia), CySEC (Cyprus), VFSC (Vanuatu), FSA (Seychelles). We have checked 2 of its 4 licence records first-hand against regulator-authored sources; 2 remain pending independent verification. Client funds are held in segregated accounts, with ICF up to €20,000 (CySEC entity clients). Regulation can differ by the entity that onboards you, and some clients are onboarded under an offshore entity with weaker protection. Always confirm the specific licence on the regulator's official register before depositing.

Is Fusion Markets a scam, or is it legitimate?+

We don't label any broker "safe", but Fusion Markets is a licensed operator, not an anonymous one. The bigger risk is clone scams: fraudsters copy real brokers' names and websites. Reach Fusion Markets only through its official domain, and verify the licence number on the regulator's own register.

Is Fusion Markets available in my country?+

Availability — and the legal entity that onboards you — varies by country (Fusion Markets does not accept US, PR, GU, VI, AS, MP, UM, CA, AF, CG, CD, IR, IQ, JP, MM, NZ, KP, PS, RU, ES, SO, SD, SY, UA, YE). The entity decides your regulator and protection. Use our entity decoder to see which entity may apply to you, and confirm it during signup.

What does it cost to trade with Fusion Markets?+

Typical EUR/USD spread is from 0 pips, plus about $4.5 commission per standard lot, with a $0 minimum deposit. Figures are indicative — confirm current pricing for your account type directly.

How long do withdrawals take at Fusion Markets?+

Typical withdrawal time is Under 1 hour (broker-stated). Actual speed depends on your payment method, identity verification (KYC) and the entity that holds your account. Regulated brokers usually return funds to your original deposit method first.

What leverage does Fusion Markets offer, and is it risky?+

Maximum leverage is around 30:1 on the global entity, but retail leverage is capped (typically 30:1) in the UK, EU and Australia. Leverage amplifies both gains and losses, and most retail CFD accounts lose money — only trade with money you can afford to lose.

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.

Before you deposit

Before you deposit, compare Fusion Markets against alternatives.

Informational scan — not a safety guarantee and not financial advice. Affiliate link; we may earn a commission, which never changes the scan score. Verify availability, fees and regulation directly before depositing.

Regulation & how to verify a licence →Compare platform costs →Full Fusion Markets review →Broker red-flag detector →Practise in the simulator →Report an issue with Fusion Markets