Fusion Markets at a glance
The key facts, the overall score and the score for each part of the review. Select a part to read its findings.
- Minimum deposit
- $0
- Regulated by
- ASIC, FSA, VFSC
- Trading platforms
- TradingView · MetaTrader 4 · MetaTrader 5 · cTrader · WebTrader
- Maximum leverage
- 500
- Spread
- Floating
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Is Fusion Markets a good broker? Our verdict
Fusion Markets is a practical fit for active forex and CFD traders who value low stated trading costs and want several established platforms; it suits investors looking to own shares less well, since the listed US equities are share CFDs. Its main draw is the combination of a stated $2.25-per-side FX and metals commission on Zero pricing and access to MT4, MT5, cTrader and TradingView. The choice is not just about interface: cTrader accounts use Zero pricing, while TradingView can be opened with either Zero or Classic, so the platform can shape the account decision. Fusion Markets also advertises no minimum account size and no deposit or withdrawal fees. Its wide platform choice is most useful to traders who already know which tools and account model they want.
What stands out
- Fusion Markets advertises no minimum account size, leaving the initial funding amount to the trader rather than a stated account threshold.
- MT4 and MT5 are available on desktop, web and mobile, with Expert Advisor support on desktop MT4 and full EA functionality listed for MT5.
- TradingView accounts can use either Zero or Classic pricing, giving chart-focused traders a choice of account model.
What to consider
- Fusion Markets lists US equities as share CFDs through MT5, so clients seeking direct share ownership need a different product.
- cTrader is linked to the Zero account, so traders wanting cTrader cannot choose the Classic account through that platform.
Who owns Fusion Markets and where is it based?
Review score2.8/ 5Fusion Markets is a forex and CFD broker founded by Phil Horner, who is identified as its founder and CEO. The company describes its founders as forex-industry veterans with more than 50 years of combined experience; that figure is a company statement, not an independently measured business record.
Fusion Markets focuses on leveraged trading across forex and other CFD markets, with more than 90 currency pairs and US share CFDs among its advertised products. The brand promotes low-cost trading and access through multiple third-party platforms. Its corporate website identifies Fusion Markets Pty Ltd in Australia as its owner, while distinct trading entities are named for Australian, Vanuatu and Seychelles regulation.
The company says its vision is to make access to markets easier and lower cost. That emphasis is reflected in its account pricing and platform range rather than in a single proprietary trading terminal.
Is Fusion Markets safe, legit and regulated?
Review score3.8/ 5Fusion Markets names ASIC, Vanuatu’s VFSC and the Seychelles Financial Services Authority as regulators of separate entities. The practical limitation is that the company does not clearly identify which entity contracts with each international client, so a regulator or protection associated with one entity cannot automatically be applied to every account.
Australian clients are directed to FMGP Trading Group Pty Ltd, which trades as Fusion Markets and holds Australian Financial Services Licence 385620 under ASIC. Gleneagle Securities Pty Limited, trading as Fusion Markets EN, is a registered Vanuatu company, number 40256, and is regulated by the VFSC. Fusion Markets International Ltd, trading as Fusion Markets, is a registered Securities Dealer regulated by the Seychelles Financial Services Authority under licence SD096. The Vanuatu company number is a company registration identifier, not the VFSC licence number. The company also identifies Fusion Markets Pty Ltd in Australia as the website owner; that corporate role is distinct from the named regulated trading entities.
Fusion Markets says client money is deposited into segregated Client Trust Accounts. It also advertises negative balance protection, but does not tie that statement to each named entity in the same way. These protections therefore need to be understood alongside the actual contracting entity and its terms. Fusion Markets says it cannot accept clients from the United States and its territories, Afghanistan, Alberta, Congo, Iran, Iraq, Japan, Manitoba, Myanmar, New Zealand, North Korea, Ontario, Palestine, Russia, Spain, Somalia, Sudan, Syria, Ukraine or Yemen. Regulation does not remove market or counterparty risk.
Fusion Markets fees, spreads and commissions
Review score4.0/ 5Fusion Markets advertises a $2.25-per-side commission on forex and metals for its Zero pricing, alongside raw spreads. That means a position opened and closed incurs two commission charges. The broker’s homepage describes average spreads of 0.0 on major forex pairs, but a single stated average does not predict the spread on a particular trade or at a particular time. Consider spread and commission together rather than treating the spread figure as the full cost.
What does the Zero commission mean on a round trip?
For cTrader Zero, Fusion Markets charges $2.25 per $100,000 of notional volume per side, with FX commission charged in the instrument’s base currency and metals commission in USD. For a hypothetical EUR/USD trade of EUR 100,000 notional, the stated commission is EUR 2.25 on entry and EUR 2.25 on exit, or EUR 4.50 round turn. The eventual account-currency amount depends on the conversion applied to those EUR charges. This example excludes the spread and any overnight financing; it is an illustration of commission, not an executed trade.
Fusion Markets says the MT4 commission is charged per lot, while cTrader’s charge follows notional volume. The two methods can produce slightly different amounts across instruments because a lot does not represent the same notional value in every market. The broker describes Zero account pricing on cTrader as raw spreads with $2.25 per side on FX and metals. It lists Classic as another account option, but the figures above apply to Zero and should not be transferred to Classic.
Which other charges affect the total?
The broker advertises no deposit or withdrawal fees. Overnight financing, or swap, applies to cTrader Copy positions held overnight, so an intraday cost comparison will not capture the full expense of a position kept open. Strategy-provider fees may also apply to copied trades; cTrader displays those fees before a client starts copying. Fusion+ has a different fee condition: the service is free when both the manager and follower trade at least 2.5 FX or metals lots per month; otherwise a USD $10 monthly hosting fee applies. The provider’s possible performance fees are separate from these trading charges.
Fusion Markets account types and minimum deposit
Review score3.4/ 5The advertised minimum is $0: Fusion Markets says there is no minimum account size. It lists Zero and Classic live accounts, a free demo account and a Premium Program; the public descriptions do not attach a separate minimum deposit to these options.
Zero is the clearest fit for traders who prefer raw spreads with a commission. Fusion Markets lists $2.25 per side on FX and metals for Zero, and its cTrader account uses that model. cTrader is available only with Zero, so a trader choosing cTrader also chooses its pricing structure. TradingView can be used with either Zero or Classic, allowing chart-focused clients to select between the two account options. The broker also identifies US share CFDs as available through MT5.
A free demo is available, including for cTrader and TradingView. Fusion Markets’ platform descriptions say swap-free accounts for cTrader are in the pipeline, rather than presenting them as a current account option.
Leverage, margin and order execution
Review score3.1/ 5Fusion Markets says it uses no-dealing-desk execution for its forex offering and advertises fast execution. Those are broker claims, not a guarantee of a particular fill price or speed. Its platforms support active order management, with one-click trading and order controls described for MT4, MT5 and cTrader.
MT4 supports different order types and Expert Advisors written in MQL4. Fusion Markets lists full EA functionality for MT5, which also has advanced pending orders and market depth. cTrader supports automated trading through cTrader Algo, including cBots and custom indicators developed in C# or Python. These are platform capabilities; they do not by themselves establish which trading strategies the broker permits under every account’s terms.
Trading conditions vary by product and account, and any leverage choice changes the amount of margin supporting a position. The broker’s MAM/PAMM service is aimed at professional money managers and supports allocation by lot, percentage or equity, including standard, mini and micro lot sizes. Those MAM features are for managed accounts, not a general statement of minimum trade size for ordinary retail accounts.
What can you trade with Fusion Markets?
Review score3.8/ 5Fusion Markets advertises more than 250 financial products across forex and several CFD markets. Its range includes more than 90 currency pairs, metals, indices, energy and soft commodities, cryptocurrencies and US share CFDs.
The share offering is specifically described as 110-plus US equities traded as share CFDs through MT5. A CFD gives exposure to price movements rather than ownership of the underlying shares. That distinction matters for investors seeking voting rights or direct shareholding, neither of which follows from a CFD position.
The broker also lists crude oil, Brent oil and natural gas, alongside metals such as gold, silver, zinc, copper and platinum. Indices provide exposure to equity-market benchmarks, while cryptocurrency products are identified as CFDs. Fusion Markets says some markets, including forex, metals, indices, energy and soft commodities, and crypto CFDs, can be traded through its TradingView integration. The platform and product range are not identical across all accounts: US share CFDs are specifically linked to MT5, whereas the TradingView instrument list names other market groups.
Fusion Markets trading platforms and app
Review score4.7/ 5Fusion Markets supports MT4, MT5, cTrader and TradingView, with desktop, browser-based or mobile access depending on the platform. The range suits traders who want to use established software and automation, though the platform selected can affect account choice: cTrader is tied to Zero pricing, while TradingView supports Zero or Classic.
Which platforms support charting and automation?
MT4 runs on Windows and Mac, in a browser, and on iOS and Android. Fusion Markets lists one-click trading, customizable charts, more than 50 indicators, scripts and Expert Advisors built with MQL4. MT5 is available on desktop, web and mobile, and supports MQL5 Expert Advisors; Fusion lists 21 timeframes, market depth and an in-built VPS feature among its MT5 capabilities.
cTrader runs on Windows, Mac, web, iOS and Android. Its listed features include 26 timeframes, more than 80 indicators, several market-depth views, price alerts and automated cBots through cTrader Algo. TradingView is available on web, Windows, macOS, Linux, iOS and Android. Clients can trade from charts, use Pine Script and TradingView’s charting and alert tools. Fusion says the TradingView integration uses cTrader’s execution backend, but a TradingView account is created separately from MT4 or MT5 accounts.
What copy and hosting tools are available?
cTrader Copy lets clients follow strategies in the cTrader platform; strategy-provider fees can sit on top of trading costs. Fusion+ is a separate copy service for approved money managers and their followers. DupliTrade connects selected strategies to an MT4 account, while the MetaFX MAM/PAMM service is designed for professional money managers.
Fusion offers sponsored VPS access for clients who trade more than 20 FX or metals lots in a 30-day period. The sponsored option is available for MT4, TradingView and cTrader through NYC Servers, or for MT5 through MetaQuotes. The VPS charge is debited upfront and refunded if the volume condition is met.
Opening an account, deposits and withdrawal times
Review score3.8/ 5Fusion Markets uses an online application followed by identity verification. The broker says applicants enter personal details and can complete verification electronically or submit documents; it reports that 90% of new accounts are approved within an hour. That is the broker’s reported approval timing, not a promised completion time for every application.
For verification, Fusion Markets accepts either one government-issued ID and proof of address, or one government-issued ID and a secondary ID. Examples of address documents include a utility bill or bank or card statement dated within the previous six months. The broker says a PO Box is not acceptable as an address. Document requirements can vary by country, and the company may request further checks in some cases.
How can you fund and withdraw?
Fusion Markets names Visa, Mastercard, PayPal, Skrill and Neteller among the deposit methods on which it waives fees. It also advertises zero fees on deposits and withdrawals, and says withdrawals are available 24/7. Payment availability can depend on the client’s jurisdiction and payment provider.
Fusion Markets reports that 85% of withdrawals are processed in under an hour. Its definition measures the time from the client’s request until the broker completes internal processing; it excludes the time a bank or other payment provider takes to settle the funds. The advertised processing figure is therefore not the time by which money will necessarily arrive in the receiving account. The broker directs clients to its Client Hub payments area to select a funding method.
Deposit methods
Apple Pay
DragonPay
DuitNow
Fasapay
Interac
Mastercard
MPESA
Neteller
PayPal
Pix
Skrill
Sticpay
Visa
Wire Transfer
Withdrawal methods
Bitcoin
Bitcoin Cash
DragonPay
ERC20
Ethereum
Interac
Litecoin
Neteller
PayPal
Ripple
Skrill
Tether
Wire Transfer
Research, education and customer support
Review score3.0/ 5Fusion Markets offers market tools and educational material alongside email and telephone support. The identified resources include an economic calendar, trading calculators, live and historical spreads, a blog and week-ahead webinars; the descriptions establish the formats and tools, rather than the accuracy of analysis or depth of instruction.
The economic calendar and spread tools can help traders follow scheduled events and inspect pricing information. The broker’s trading calculators provide practical reference tools, while its blog and webinars add market and educational content. Fusion Markets offers platform guides and FAQs covering MT4, MT5, cTrader and TradingView. This is useful for platform setup and feature explanations; the content is not presented as a structured qualification or course programme.
For customer contact, Fusion Markets lists [email protected] and the telephone number +61 3 8376 2706, as well as an online contact form. A response-time claim or service-hours schedule is not part of the listed contact details, so these channels establish how to reach the company rather than a guaranteed support response.
Fusion Markets alternatives worth comparing
The most relevant alternative depends on whether the issue is account-platform choice or share ownership. Fusion Markets’ cTrader access is tied to Zero pricing, so a trader who wants cTrader with a different account model could compare brokers that offer cTrader across both raw-spread and spread-only accounts; the useful comparison is the round-trip spread-plus-commission cost on the same instrument.
For equity investors, Fusion Markets’ 110-plus US equities are share CFDs through MT5, not underlying shares. A broker offering direct US share ownership is the more relevant alternative; compare custody and dealing charges as well as the product type, since a share CFD is not a substitute for holding the shares.
Checks to make before you open an account
Choose the platform and account together: cTrader uses Zero pricing, while TradingView allows either Zero or Classic. That decision determines whether the account follows the raw-spread, commission-based structure described for Zero or the separate Classic option.
Decide whether the product fits your goal before funding. Fusion Markets’ US equity exposure is through share CFDs on MT5, so it is aimed at trading price movements rather than taking ownership of company shares. Finally, treat the advertised $0 minimum as the absence of a stated account-size threshold, not as a guide to the capital needed for your positions.
Fusion Markets FAQ
01Is Fusion Markets regulated?
Fusion Markets names ASIC, the Vanuatu Financial Services Commission and the Seychelles Financial Services Authority as regulators of separate entities. Australian clients are directed to FMGP Trading Group Pty Ltd, which holds Australian Financial Services Licence 385620. The Vanuatu and Seychelles entities have separate registrations and regulatory arrangements.
02Is Fusion Markets safe?
Fusion Markets says client money is held in segregated Client Trust Accounts and advertises negative balance protection. Those statements are not mapped to every named entity in the same way, so the protections applicable to a client depend on the contracting entity and its terms.
03What is the minimum deposit at Fusion Markets?
Fusion Markets advertises no minimum account size, so its stated minimum is $0. This is not a recommendation about how much capital a particular trading strategy requires.
04How long do Fusion Markets withdrawals take?
Fusion Markets reports that 85% of withdrawals are processed internally in under an hour. The measure runs from the withdrawal request to completion of the broker’s internal processing; payment-provider or bank settlement can take additional time.
05Does Fusion Markets offer MT4 or MT5?
Yes. Fusion Markets offers both MetaTrader 4 and MetaTrader 5 on desktop, web and mobile. MT4 supports MQL4 Expert Advisors, and Fusion lists full EA functionality for MT5. The broker specifically links its US share CFDs to MT5.
06Does Fusion Markets accept US clients?
No. Fusion Markets says it cannot accept clients from the United States or its territories. Its restricted-country list also includes Japan, New Zealand, Spain and several other named jurisdictions.
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