Fusion Markets Review 2026

Editor’s Verdict

I have been tracking Fusion Markets since it first opened its doors to traders, and it has grown into one of the most compelling low-cost execution venues in the FX and CFD market. Founded in 2017 under the Gleneagle Asset Management group, they have carved out a clear identity, genuinely institutional pricing delivered without a dealing desk.

For this 2026 deep dive, I put the broker's Zero Account under the microscope and found that their average EUR/USD raw spread of 0.02–0.03 pips is not just a marketing message—it is live and consistent during both the London and New York sessions. The commission of $2.25 per side is approximately 36% below the industry average charged by major Aussie rivals. While the ASIC regulation provides a gold standard for Australians, international traders need to be comfortable with the VFSC (Vanuatu) entity. For the cost-conscious algo builder or active scalper, this is a hard-to-beat setup.

Overview

My review of Fusion Markets reveals a broker that has done something genuinely difficult in the broker space: it has built a solid, low-cost business without cutting corners on the trading technology or the regulatory standing that matters to serious traders.

The experience here is basic and straightforward. There is no social feed, no gamified badge system, no proprietary app dressed up to look like a fintech startup. Instead, Fusion Markets is a stripped-back, functionally excellent trading environment built squarely on the four platforms that professional and semi-professional traders actually use. The value is simple: pay less per trade, get reliable ECN execution, and keep more of your P&L.

Fusion Markets Core Takeaways

• Aggressive pricing: Industry-lowest commissions: Zero Account at $2.25/side with raw spreads from 0.0 pips on EUR/USD and other popular pairs.
• Safety and Performance: All client funds held in segregated trust accounts at National Australia Bank (NAB), one of Australia's Big Four banks. ASIC-regulated entity for Australian clients.
• Institutional-standard platforms: MT4, MT5, cTrader and TradingView available - covering every trading style from EAs to manual discretionary analysis.
• Zero friction cost structure: No minimum deposit, no inactivity fee, and no broker-side charges on deposits or withdrawals.
• Broad instrument access: Access to 250+ CFD instruments across 90+ FX pairs, 23 commodities, 15 indices, 110+ US Share CFDs, and 13 cryptocurrencies.

Fusion Markets Regulation & Security

Is Fusion Markets Legit and Safe?

Yes. Fusion Markets is a legitimate, operationally active broker that has been serving live clients since 2019. It is not a newly formed entity relying on a boilerplate offshore setup. The broker is the trading name of Gleneagle Asset Management, which has operated in the industry since 2010, and its Australian entity (FMGP Trading Group Pty Ltd) holds a full ASIC Australian Financial Services Licence under registration number 385620.

The broker provides the usual safeguards we see; segregated client funds are held in dedicated trust accounts at the National Australia Bank (NAB), completely separate from Fusion Markets' own operating capital. Full KYC and AML procedures are applied at client onboarding. For Australian clients, ASIC imposes negative balance protection, meaning you cannot lose more than your deposited funds under the ASIC entity.

The majority of international (non-Australian) clients is routed through the VFSC-licensed Vanuatu entity, Gleneagle Securities Pty Limited, though a Seychelles FSA entity (Fusion Markets International Ltd, SD096) is also operational.

Traders outside Australia should weigh up the Tier-4 regulatory environment against the significant pricing advantage. For experienced, self-directed traders who understand the structure, its a transparent and well-managed broker. For traders requiring the full protections of FCA or ESMA-style regulation, this is worth noting.

Who Should Trade with Fusion Markets?

Fusion Markets is a specialist execution venue. Its main advantage lies in pricing and platform quality, not in providing an end-to-end education and social trading ecosystem. This makes it the right broker for some traders and not for others.

Fees

The broker operates two primary account types with different pricing models:

EUR/USD Trading Costs - Classic vs Zero Account:

My Observation: The Classic Account is the simpler entry point, as there are no commission calculations to manage, and all costs are included in the spread. However, for any trader who is trading more than a handful of standard lots per week, the Zero Account delivers much lower total costs. The math is straightforward: at $4.75 all-in versus $9.00 all-in on EUR/USD, the Zero Account is roughly 47% cheaper per round-turn at current average spreads.

Noteworthy:

• Inactivity Fee: None. No inactivity fee, regardless of how long the account remains dormant.
• No withdrawal or deposit fees (third party payment provider may charge their own fees)
• Swap Fees: Applicable on overnight positions past the 5 PM New York end off day rollover. Swap-free Islamic accounts replace swap charges with an administrative fee structure after 7 days.
• Transaction Fees: Zero (broker-side). Fusion Markets charges $0 on all deposit methods from its end. The broker notes that SWIFT international wire transfers may carry third-party bank fees outside its control.
• Currency Conversion: A currency conversion fee applies when depositing or trading in a currency with profit or loss that differs from the account's base currency.

Overnight Swaps

Like all leveraged margin trading environments, holding an open position at Fusion Markets past the daily rollover (5 PM New York time) will generate a swap charge or credit. This cost is derived from the interest rate differential between the two currencies in the pair and is a critical bottom-line consideration for swing traders and position holders.

Because Fusion Markets supports MT4, MT5, cTrader and TradingView, current live swap rates for each instrument are always accessible within the respective platform's instrument specification or market watch window. Swap rates are set by the broker's liquidity providers and fluctuate with global interbank rates.

For Islamic traders, Fusion Markets provides a dedicated Swap-Free Account option that removes overnight swap charges entirely, replacing them with an administrative fee only when positions are held open for longer than seven days.

The standard triple-swap rule applies on Wednesday night: because spot FX settles on a T+2 basis, the rollover on Wednesday carries three days of interest to account for the weekend settlement.

Swap Calculation Example:

Estimated cost of buying 1.0 standard lot of EUR/USD on the Zero Account and holding overnight, based on representative swap rates:

• Swap Long: approximately -$5.50 per night
• Swap Short: approximately +$1.75 per night

Holding a 1 lot EUR/USD position for one night:

Holding a 1 lot EUR/USD position for seven nights:

Note: These are estimated figures for illustrative purposes only. Live swap rates fluctuate daily and are displayed transparently within the MT4, MT5, cTrader and TradingView platforms. Check the instrument specification window for current rates before entering an overnight position.

Range of Assets

Fusion Markets covers the core market categories that a retail or semi-professional trader is most likely to require. Forex is the headline product - with over 90 currency pairs spanning majors, minors, and a selection of exotics, this is an above-average selection even against larger, more established brokers. Beyond FX, the platform offers indices trading, as well as trading on metals, energies, soft commodities, cryptocurrency CFDs and US Share CFDs.

Fusion Markets does not offer real (non-CFD) shares, bonds, ETFs, options or futures. Traders whose strategies require those instruments will need to look elsewhere. For those focused on the core leveraged CFD universe, however, the depth within each category is genuinely competitive.

Asset List Overview

Fusion Markets Leverage

Leverage at Fusion Markets is tiered by both instrument type and the regulatory entity under which the trader is registered. Australian clients trading under the ASIC entity are subject to the ASIC leverage cap of 1:30 on FX majors.

Clients registered under the VFSC (Vanuatu) or FSA (Seychelles) entities have access to significantly higher leverage, up to 1:500 on FX majors and metals, which is a primary reason why many international traders choose offshore entities despite the reduced regulatory protections.

• ASIC Entity: Australian clients (ASIC): Up to 1:30 on FX majors; 1:20 on indices and commodities; 1:2 on crypto CFDs.
• VFSC / FSA Entities: International clients (VFSC / FSA): Up to 1:500 on FX majors and metals; 1:100 on indices and energies; 1:20 on crypto CFDs.

What should traders know about Fusion Markets leverage?

• Magnified Risk: At 1:500, a 0.2% adverse price move is enough to eliminate a fully leveraged position. Disciplined position sizing and defined stop-loss placement are non-negotiable at this degree of high leverage use.
• Capital Efficiency: For systematic traders deploying multiple simultaneous positions with tight stops, the higher leverage available through offshore brokers allows meaningful capital efficiency without tying up large amounts of capital waiting for market moves.
• Asset Limits: Leverage is tiered by instrument volatility. FX majors receive the highest ratios; cryptocurrency CFDs are capped at 1:2 across all entities, given their inherent price volatility.
• Account Equity Tiers: Available leverage also scales down with account equity. Accounts above $50,000 may experience reduced maximum ratios. Check the current trading conditions page for the precise tier structure applicable to your account, note this is subject to change as with most brokers depending on market conditions.

Fusion Markets Trading Hours

Account Types

Fusion Markets deliberately keeps its account structure lean — two core live accounts plus specialist variants. This avoids the over complication some brokers I see are guilty of, offering seven or eight account tiers with only minor differences.

• Classic Account: No minimum deposit. Commission-free spread-only pricing with a 0.9 pip average spread on EURUSD. The practical entry point for occasional traders, those just getting started with live markets, or traders who prefer a simple cost structure without per-trade commission calculations.
• Zero Account: No minimum deposit. Raw spreads from 0.0 pips with a $2.25/side commission ($4.50 round-turn per standard MT lot). This is the recommended account for active day traders, scalpers, and systematic traders where total cost-per-trade is the critical variable. The Zero Account is the more cost-efficient choice for any trader doing regular volume.

Managed & Specialist Accounts

• Swap-Free (Islamic) Account: Available on request. Replaces overnight swap charges with an administrative fee structure applicable after the position has been open for seven days, fully compliant with Sharia finance principles.
• MAM Accounts: Fusion Markets operates a fully featured Multi-Account Manager structure via the MetaFX platform. Fund managers can run a single master account that allocates trades and P&L across multiple client sub-accounts with configurable allocation methods.
• Copy Trading (Fusion+): Fusion+ is Fusion Markets' in-house copy trading platform. It allows traders to follow other verified Fusion clients and copy their trades automatically. Masters can charge performance fees of up to 30%. The service is free when a trader or follower executes at least 2.5 lots of FX/metals per month.

My Tip: If you plan to trade more than five standard lots per month, go directly to the Zero Account. The cost difference between 0.9 pips (Classic) and the Zero Account's $4.50 round-turn becomes significant within the first two weeks of active trading. The Classic Account is best reserved for genuine buy-and-hold positions where the absence of a per-trade commission simplifies the P&L calculation.

Fusion Markets Demo Account

Fusion Markets provides a fully functional demo account environment across all four platforms — MT4, MT5, cTrader and TradingView. The demo is available immediately after a basic sign-up and mirrors live market conditions, including real-time spread data and ECN-style order execution mechanics.

The demo is particularly useful for EA and algorithmic traders who want to stress-test automated trading strategies against real tick data before going live. Traders can also use the demo environment to explore platform differences between MT4, MT5 and cTrader and make an informed choice before committing to a specific setup for their live account.

Trading Platforms

This is arguably where Fusion Markets most clearly separates itself from much of its peer group. Rather than routing every client into a single proprietary environment, the broker has invested in a genuine multi-platform infrastructure covering every major trading style and technology preference. All platforms are free of charge, available on desktop, web browser and mobile, and fully connected to Fusion Markets' ECN liquidity pool.

• MetaTrader 4 (MT4 - the industry standard for automated and discretionary FX trading.
  It supports Expert Advisors (EAs), custom indicators, and multi-asset trading. MT4 is the established choice for algo traders with an existing library of automated strategies.
• MetaTrader 5 (MT5) - MetaQuotes' next-generation multi-asset platform.
  It supports EAs, advanced pending orders, a built-in economic calendar, and a broader instrument universe including equity CFDs. MT5 is the only platform through which Fusion Markets' US Share CFDs are accessible.
• cTrader - a professional-grade ECN execution platform built with institutional traders in mind.
  It features a transparent depth-of-market display (DOM), advanced order management, detachable charts, and native algorithmic trading via cAlgo scripts. cTrader is particularly well-regarded for its execution precision and clean interface design. Fusion Markets' Fusion+ copy trading service is also accessible through cTrader.
• TradingView - integration with the world's most widely used charting platform, accessed directly through the Fusion Markets cTrader account connection.
  This allows traders to execute live orders directly within TradingView's charting environment using Pine Script and TradingView's native analytics ecosystem - a significant feature for chart-driven traders and technical analysts.

Supporting Infrastructure:

• VPS Hosting: Sponsored or discounted VPS hosting is available to active traders, providing a stable, low-latency environment for automated strategies running 24/5. This removes the dependency on the trader's own hardware.
• DupliTrade Copy Trading: DupliTrade is available for traders who prefer a fully managed copy trading approach, mirroring the positions of selected verified strategy providers automatically into their account.
• Trading Central Integration: Trading Central's analytical tools are integrated, including actionable signals, a market sentiment gauge, technical insight tools and a live economic calendar. It is available to live account holders.

Overview of Trading Platforms

What I Would Like Fusion Markets to Add

The educational layer is somewhat thin; a structured trading academy would help newer traders. I’d also like to see real stocks, ETFs, and bonds added to move beyond just CFDs. Finally, a proprietary mobile app would provide a more integrated experience than the generic MT4/MT5 mobile builds

Research & Education

Fusion Markets provides a functional research and analysis layer anchored by its Trading Central integration. Live account holders gain access to Trading Central's technical analysis signals, a market sentiment gauge, economic impact calendars and actionable trade ideas across FX, commodities, indices and equities. For traders who use quantitative signals as a complement to their own analysis, this is a genuinely useful tool.

The broker also publishes a Spreads Tool on its website, allowing traders to monitor live, historical and average spreads across the full instrument list. This level of pricing transparency is above average for the category and reflects well on the broker's commitment to cost clarity.

Where the offering thins out is in self-directed education. There is no formal trading academy, no structured video course library, and no institutional-grade daily market commentary. The platform pages covering markets, accounts and trading conditions are clear and well-written, which suggests that content quality will improve as the broker matures. For now, traders who rely on broker-produced education as a core part of their development will need to supplement this externally. Those who already have their own market research workflow will be unaffected.

Customer Support

Customer Support Methods
Support Hours	24/7
Website Languages	EN ES JP ZH TH Other

Support is available through multiple channels with a mainly positive reputation across review platforms. Fusion Markets maintains a 24/7 operational support window aligned to global FX market hours, with live chat available directly through the website as the fastest route for immediate queries.

• Live Chat: A live chat window is accessible from every page of the fusionmarkets.com website via the support icon. Response times are consistently quoted as fast - typically under a minute during market hours.
• Email: Assistance is available via help@fusionmarkets.com - the standard channel for account-specific queries, KYC documentation, and non-urgent matters.
• Phone: A direct telephone number (+61 3 8376 2706) is published on the website, providing access to human support for urgent account matters - a sign of operational accountability often missing from offshore-only brokers.
• FAQ & Help Centre: A structured FAQ and Help Centre on the website covers account opening, KYC verification, deposits and withdrawals, platform setup, and general trading rules. Well-organised and useful for common queries.

The website and support documentation is available in English, Spanish, Thai, Indonesian, Chinese and Vietnamese. Fusion Markets' Trustpilot score of 4.8 out of 5.0 (from over 7,000 reviews as of April 2026) is an independent signal of above-average client satisfaction.

Fusion Markets neither offered bonuses nor promotions during my review. It has three partnership programs for passive income opportunities.

Bonuses and Promotions

Fusion Markets does not offer deposit bonuses, which is consistent with the constraints imposed by ASIC regulation on its Australian entity.

The broker does operate a Partner Programme for introducing brokers and affiliates, and the Fusion+ copy trading platform operates on a performance fee basis where ‘Masters’ can charge followers up to 30% of profits generated.

Opening an Account

The account opening process is fully digital and follows a clean, modern onboarding flow. The broker states that 90% of applications are approved within the hour, which is consistent with the experience reported in independent trader reviews.

What should traders know about the Fusion Markets account opening process?

1. Register: Complete the online application via the secure sign-up portal at fusionmarkets.com. Basic personal details are required. The process takes approximately five minutes.
2. Verify: Submit government-issued photo ID (passport or national identity card) and a recent proof of address document (utility bill or bank statement dated within three months). Electronic verification handles most applications automatically.
3. Fund & Trade: Once approved, access the Fusion Hub client portal to select your deposit method, fund your account in your preferred base currency, and download your preferred platform (MT4, MT5, cTrader or TradingView). Most clients can move from registration to live trading on the same day.

Fourteen base account currencies are supported: AUD, CAD, EUR, GBP, JPY, SGD, THB, NOK, SEK, CZK, HUF, CHF, DKK, and USD. Selecting a base currency that matches your home currency eliminates conversion fees on deposits and withdrawals.

Minimum Deposit

Fusion Markets imposes no minimum deposit requirement on either the Classic or Zero Account. This is a really user-friendly approach, not a promotional offer. In practice, the average opening deposit from new clients is reported to be approximately $1,500, reflecting that most traders fund at a level that gives them meaningful position sizing capacity, but the absence of a required minimum removes a barrier for those starting smaller.

There are no account maintenance fee and no minimum balance requirement to keep the account active.

Payment Methods

Withdrawal options
Deposit options

Fusion Markets supports one of the broader payment method selections in its category, with over 30 deposit options available, many of which are country-specific regional payment providers. All deposit methods are processed with zero broker-side fees.

Deposits

Visa, Mastercard (credit and debit), Bank Wire Transfer (SWIFT), PayPal, Skrill, Neteller, FasaPay, Jeton Wallet, Perfect Money, Online Naira, Doku, Cryptocurrency (BTC, ETH, LTC, USDT and others), and Local Bank Transfers in selected countries.

Withdrawals

Bank Wire Transfer (SWIFT), Visa, Mastercard, PayPal, Jeton, MiFinity, DragonPay, Interac, and Cryptocurrency. Skrill and Neteller are also available for both deposits and withdrawals. Withdrawal requests are processed within one business day (same day if submitted before 11 AM AEDT). Funds arrive in the client's account within one to five business days for card and e-wallet methods, and three to five business days for wire transfers.

Accepted Countries

Fusion Markets accepts clients from most countries globally. Due to regulatory restrictions, the following jurisdictions are excluded: the United States and its territories, Afghanistan, Congo, Iran, Iraq, Japan, Myanmar, New Zealand, North Korea, Ontario (Canada), Palestine, Russia, Somalia, Sudan, Syria, Ukraine, Yemen, and Spain. Additional sanctioned jurisdictions may also be restricted — the current accepted countries list is published on the Fusion Markets website and should be verified at the time of application.

UK residents are accepted and can open GBP-denominated accounts, which avoids conversion fees. The broker is not FCA regulated but UK clients are onboarded under the VFSC entity.

Deposits and Withdrawals

The funding and withdrawal process is one of the cleaner operational experiences in this broker category. Fusion Markets has made a deliberate decision to absorb broker-side transaction costs entirely, meaning that the amount you deposit is the amount that arrives in your trading account.

• Zero Broker-Side Fees: Fusion Markets charges zero fees on all its supported deposit methods. Third-party charges from SWIFT correspondent banks on international wire transfers remain outside the broker's control, but these are bank-side rather than broker-side costs.
• Speed: Card and e-wallet deposits are processed instantly or within a few hours. International bank wire deposits may take one to five business days, depending on the correspondent banking chain.
• Segregated Funds: All client funds are held in dedicated segregated trust accounts at the National Australia Bank (NAB) under the ASIC entity, and in equivalent tier-appropriate structures under the VFSC and FSA entities. Client funds are not co-mingled with Fusion Markets' own operating capital under any entity.
• Withdrawal Matching: In accordance with AML regulations, withdrawals are initially processed back to the original funding method. Once the initial deposit has been returned, alternative withdrawal methods may be used. This is standard industry practice.

Is Fusion Markets a good broker?

For the trader whose primary concern is cost-per-trade and execution quality, Fusion Markets is one of the strongest options in the market. The Zero Account's $2.25/side commission combined with raw spreads from 0.0 pips represents genuine pricing that stands up to direct comparison with the accounts of larger, more capitalised top ECN brokers.

The platform ecosystem - MT4, MT5, cTrader and TradingView - covers the full spectrum of trading styles and provides the infrastructure for both manual discretionary traders and systematic algorithmic traders. Sponsored or discounted VPS hosting, Trading Central signals and the MAM structure for money managers add meaningful utility beyond basic trade execution.

The regulatory structure is the variable that requires attention. The ASIC licence is top-tier and provides Australian clients with robust protections. International clients will typically trade under the Vanuatu VFSC entity, which carries Tier-4 oversight. This is not a reflection of the broker's operational quality, as the segregated funds, the KYC standards, and the transparent pricing structure are all maintained consistently across entities, but it is a fact that affects the formal client protection options available to non-Australian clients.

The Verdict

Fusion Markets is a highly competent, genuinely low-cost broker that has earned its reputation over several years of live operations. For cost-conscious, technically literate traders, who understand the regulatory structure and are based outside Australia - whether scalpers, algo builders, or active discretionary traders- this is a great execution venue that competes directly with the best raw-pricing accounts from the industry's largest players. The ASIC licence underpins confidence in the operational standards, and the pricing is not a gimmick. It is the broker's core competitive strategy.

FAQs

What is the difference between the Classic and Zero Accounts?

The Classic Account embeds all trading costs in the spread (averaging 0.9 pips on EUR/USD) with no per-trade commission. The Zero Account offers raw spreads from 0.0 pips (averaging 0.02–0.03 pips on EUR/USD) with a $2.25/side commission ($4.50 round-turn per standard lot).

Does Fusion Markets charge an inactivity fee?

No. Fusion Markets does not charge an inactivity fee regardless of how long the account remains dormant.

What trading platforms does Fusion Markets support?

Fusion Markets supports MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader and TradingView - all available on desktop, web browser and mobile (iOS and Android).

What is the maximum leverage offered by Fusion Markets?

International clients trading under the VFSC (Vanuatu) entity can access up to 1:500 on FX majors and metals. Australian clients under the ASIC entity are capped at 1:30 on FX majors in line with ASIC retail leverage restrictions. Leverage on crypto CFDs is capped at 1:2 across all entities.

Is Fusion Markets available to US residents?

No. Fusion Markets does not accept clients from the United States and its terriroties. Afghanistan, Congo, Iran, Iraq, Japan, Myanmar, New Zealand, North Korea, Ontario (Canada), Palestine, Russia, Somalia, Sudan, Syria, Ukraine, Yemen, and Spain are also among the excluded jurisdictions.

What is the minimum deposit for Fusion Markets?

There is no minimum deposit on either the Classic or Zero Account.

Is my money safe with Fusion Markets?

Fusion Markets segregates all client funds from its own operating capital. Under the ASIC entity, funds are held in dedicated trust accounts at the National Australia Bank (NAB). The broker applies full KYC, AML and CFT procedures at onboarding. Australian clients have ASIC-mandated negative balance protection. International clients under the VFSC entity do not have the same statutory protections, though the segregated fund structure is maintained.

By Tobi Amure

Crypto & Broker / Prop Firm Analyst

Tobi Opeyemi Amure has more than seven years of experience as a financial market analyst. He holds a Bachelor's Degree from Obafemi Awolowo University. Tobi's main area of expertise is in personal finance and the Forex industry. He has contributed to top platforms such as Investopedia, GoBankingRates, and Investing.com, where his expertise in Forex markets and digital assets is widely recognized. Tobi’s engaging storytelling and data-driven analysis have earned him a feature on Forbes and TheStreet, setting him apart as a trusted voice in Forex and online finance. In his free time, he explores emerging Forex trends, refines his market strategies, and actively engages with the global finance community.

As seen on: YahooFinance, GOBankingRates, Investopedia, Investing.com

Reviewer DailyForex.com Team

The DFX Team at DailyForex is a group of veteran financial analysts, traders, and brokerage industry experts dedicated to producing in-depth broker reviews and cutting-edge market insights, plus analysis of market trends. Holding over 16 years of experience in global financial markets, and 4 B.A. level academic qualifications in relevant degrees, we conduct thorough, unbiased evaluations of brokers to enable traders make informed decisions, using the most advanced methodology in the industry. Also, the DFX team is involved in generating technical analysis, signals, and trading strategies, with a consistent commitment to accuracy and transparency. Whether you’re a beginner or a professional trader, the DFX Team works to ensure you have the tools and insights you need to succeed as a trader in the retail CFD industry.

Fact-checker Adam Lemon

Chief Analyst and Director of Content

Adam Lemon began his role at DailyForex in 2013 when he was brought in as an in-house Chief Analyst. Adam trades Forex, stocks and other instruments in his own account. Adam believes that it is very possible for retail traders/investors to secure a positive return over time provided they limit their risks, follow trends, and persevere through short-term losing streaks – provided only reputable brokerages are used. He has previously worked within financial markets over a 12-year period, including 6 years with Merrill Lynch.

As seen on: Pairs Of Aces, FX Street, FX Academy, TalkMarkets, Gold Eagle, Traders Union