Security 92
Cost 84
Trading 61
Education 46
Rated: High

At InvestinGoal, we adhere to strict standards to ensure an unbiased review process. We conduct our reviews by examining each broker’s offering and performance across 4 key categories. A final rating is produced for each forex broker based on a total of 187 data points. Learn more about our review process and methodology.

Fusion Markets is a popular and well-regulated Australian NDD broker. They have respected regulation in place from both ASIC and the FSC.

This enables them to offer a secure trading environment as well as flexibility through the offshore FSC regulated entity. The broker is known among traders for the very low spreads they offer.

In this Fusion Markets review you will find extensive detail on all the important areas of the broker including costs, account types, and trading platforms all thoroughly researched by the InvestinGoal team.

The core strengths of Fusion Markets include:

  • Extremely fast trade execution
  • Spreads from 0 pips
  • Low minimum deposit

Trading at any level has risk involved. To help you understand and manage this, Fusion Markets offers an excellent demo account. You can try this out for free to get to know the broker before opening a live account.

(Your capital is at risk)

Table of Content

What Is Our Opinion On Fusion Markets?

Fusion Markets is a CFD No Dealing Desk broker which, thanks to low spreads, super-fast execution, and no minimum deposits, is a popular broker choice for many. They don’t offer negative balance protection but do allow scalping, hedging, and algo-trading.

Although the asset selection is quite limited, they do provide multiple base currencies to trade with and no inactivity fees.

When trading you are also permitted to use third-party VPS services, and although the broker does not charge any inactivity fees, your account will actually expire if you don’t use it after 90-days. Copy and social trading can be engaged in through top third-party platforms like DupliTrade and MyFxBook.

The base currencies offered by Fusion Markets include the USD, EUR, GBP, JPY, SGD,  and AUD to help you avoid conversion fees. You will also find many deposit and withdrawal methods available.

What are the Fusion Markets Pros and Cons?


On the positive side, there are also several points to make with Fusion Markets.

First off, they have a large number of methods available for you to make a deposit or withdrawal including credit & debit cards, bank wire transfer, Skrill, Neteller, Fasapay, Jetson Wallets, Perfect money, and many other localized methods and local bank transfers particularly in Asia.

The fees you will encounter here are also low. This includes no inactivity fees, no fees on deposit or withdrawal besides an international bank transfer outside Australia that is likely to be $20-$30.

Also in the win column is a fast execution speed, low raw spreads from 0 pips, and the facilitation of auto trading through Myfxbook along with social and copy trading from DupliTrade if you want it.


Speaking of the downsides to the broker, they do not provide negative balance protection. This is something to be mindful of especially if you are new to trading that you can lose more than you deposit.

The fact that only over 100 assets are offered inclusive of many areas like forex, metals, commodities, and indices is quite limited also compared to many top brokers, and finally, the fact that your account goes inactive after 90-days of not being used may not be ideal for the more casual trader.

Pros and Cons: a Summary

The table below charts each pro and con of the broker in their key areas.

If you want to expand your research, and evaluate some options similar to this broker, you can consult the alternatives to Fusion Markets.

Fusion Markets offer Advantages Downsides
Demo Account Replicates almost perfectly the live market situation 30 days limit;
The virtual capital does not match the reality of the average trader
Minimum Deposit No minimum deposit You could get a conversion fee
Forex More than 80 currency pairs;
Minimum spreads from 0 pips
Spreads can be a little higher on some pairs
CFD Low spreads Limited range of instruments
Scalping Low spreads, fast execution and low round-turn commission of $4,50 Limited choice of instruments

CFD and Forex Review

Fusion Markets is a CFD broker meaning that all assets available here are traded as CFDs. Within that, you will find a very low starting spread on the Zero account of 0 pips. This increases to 0.8 pips on the Classic account but the average stays competitive on major assets.

In total, more than 80 forex currency pairs are offered for trading. This is a strong range providing good selection in forex trading although the other CFD assets are limited in number compared to other major brokers.


  • Spreads remain extremely low on average
  • Execution speed is among the fastest around
  • A strong number of forex pairs are offered


  • The assets selection outside FX pairs is limited

Scalping Review

Scalping is permitted at Fusion Markets alongside a number of other trading techniques.

The benefits to scalping at Fusion Markets are that the execution speeds are very fast and costs are generally low.The commission of $4.50 per round-turn trade on the Zero account is an ideal and popular choice for many scalpers.


  • Deep liquidity means orders can be filled faster at great prices
  • Fast execution as provided is key to scalping successfully
  • The low costs and commission make scalping here feasible


  • The asset selection still remains limited

Is Fusion Markets regulated and legit?

In terms of regulation, Fusion Markets are overseen by two bodies.

They are the VFSC (Vanuatu Financial Services Commission), and ASIC. They are regulated as Gleneagle Asset Management Limited (GAML) by ASIC under registration number 226199, and by the VFSC as Gleneagle Securities Pty Limited under registration number 40256.

This combines the flexibility of respected offshore regulation from Vanuatu with the top-tier regulatory oversight offered by ASIC that is trusted throughout the industry. This can be a good mix for all types of traders.

Foundation and Offices

Fusion Markets operates from two office locations around the world as follows:

Gleneagle Asset Management Limited (trading as Fusion Markets): 

Level 10, 627 Chapel St

South Yarra VIC 3141


Gleneagle Securities Pty Limited (trading as Fusion Markets)

Govant Building,

BP 1276 Port Vila


This kind of multi-office setup is very common among the best FX brokers and shows the commitment Fusion has to continuing the growth of their operation around the world.

Money Protection

An important point to note when looking at fund protection with this broker is that they do not offer negative balance protection. This means that you can lose more than your initial deposit though a number of risk management tools are provided that we will talk about later.

Any deposit you do make will be securely kept in a segregated account with a top-level bank so your funds are always secure regardless of any situation that may occur with the broker in the future.

Fusion Markets also offer insurance that can cover you in a variety of situations such as fraudulent employee activity and more. In all, they provide an excellent degree of protection for any funds you deposit there.

In Which Countries is Fusion Markets not Available?

While trading is offered to many from around the world, there are still a few locations from which Fusion Markets cannot offer services:

    • Ghana


    • You can trade with Fusion Markets from most countries in the world


    • Unlike most brokers, they do not offer negative balance protection
    • They only have two physical office locations worldwide

    What Are Fusion Markets Account Types?

    You have several accounts to choose from with Fusion Markets. These will depend on your trading needs, and here is what to expect from each account type:

    Fusion Markets Demo

    The Fusion Markets demo account, as with any forex trading demo account, is a great starting place if you are new to trading or to the broker. You can open a demo account for free and the account itself is completely risk-free with no obligation to make a real money deposit.

    The Fusion Market free demo account is valid for 30-days though if you choose to make just a small real money deposit in your live account, you will have access to an unlimited demo account.

    Everything can be managed from your Fusion Markets Client Hub with ease and it is a great way to get to know the broker and what they can offer.

    Classic Account

    The Fusion Markets Classic Account is a good starting point for many traders. This is the simplest and most user-friendly account type choice you can make to get started with trading at this FX broker.

    The account itself offers access to all of the assets you can trade as well as being completely commission-free.

    It is ideal for new traders starting out or for the more casual traders who just want to get started. The spread with this account type is also impressively low and starts from just 0.8 pips.

    ZERO Account

    The Zero Account is the most popular account type choice with Fusion Markets. Here you will again find all assets available to trade but a spread that starts lower from 0 pips on some major assets.

    This can make it great value for money with more active or experienced traders. There is a commission of AUD 4.50 per round-turn trade charged but this is very competitive in the industry when considering trade commissions even from low-cost brokers.

    Mam/Pamm Account

    The MAM/PAMM account is perfect for money managers looking after multiple accounts and is only available for the MetaFX trading platform. There are also some requirements if you would like to open this type of account.

    You must make a minimum deposit of at least $5,000 per sub-account you will be operating with a limit of three funded sub-accounts available. You must also bring a track record of profitability with you of at least three months. This can be from another broker.

    Added to that, the manager of this account themselves needs to trade profitably with Fusion Markets for at least one month and is required to be licensed and regulated in their country to manage and trade with this type of account.

    How Can You Deposit And Withdraw With Fusion Markets?

    Account Base Currency

    When it comes to account base currencies, Fusion Markets accepts AUD, EUR, GBP, JPY, SGD, and USD all as both base currencies and deposit currencies.


    Once you have selected the right account type for you it will be time to make your first Fusion Markets deposit. Here is a look at what to expect.

    Minimum Deposit

    In fact, you will not encounter any minimum deposit whatsoever no matter which account type you choose to open besides the MAM/PAMM accounts as we have mentioned.

    The average deposit from traders at the broker though is $1,500 or more. This however does not mean that you can deposit less. You are free to deposit as much or little as you wish.

    The only point to note is that you are advised to keep Visa and Mastercard deposits below 25,000 AUD to avoid rejections.

    Deposit Methods

    You will find all the usual methods available when making a Fusion Markets deposit. This means you can use your credit or debit card if it is Visa or Mastercard while you can also use several eWallet services like Skrill, Neteller, and more.

    Bank wire transfers are also possible and if you are from Singapore, the Philippines, Thailand, Malaysia, Indonesia, or Vietnam, you can also use your local bank transfer method.

    This makes the process extremely convenient for traders around the world and the whole process typically takes a maximum of 5 days but can be faster.

    Deposit Fees

    Another great positive here is that there are no deposit fees at all. The only fees you will incur are those from your own bank if they charge a transfer fee, or if you transfer in from an international bank account to the Fusion Markets Australian trust account you will incur a fee of around $20-30.

    As is standard with most brokers, a conversion fee will be charged if you deposit a currency that is not supported as an account base currency.


    Similarly, here is what to expect when it comes time to make your Fusion Markets withdrawals:


    When it comes to the method, this must be the same as you used to make your deposit, and all of the same withdrawal methods are facilitated. This means bank transfer, credit/debit cards, and eWallet withdrawals can all be made.


    It can take up to 5 days for your withdrawal to be completed. This can often be faster but it does depend on the method you choose.

    Minimum withdrawal

    The only minimum withdrawal amount that applies here is if you are using bank wire. In that case, there is a minimum amount of $30 applied. On the other hand, Australian residents do not have to worry about this minimum withdrawable, since withdrawals are fee free.

    Withdrawal Fees

    Fusion Markets withdrawals are generally fee-free with just a couple of exceptions.

    If there are any fees applied by your bank then they could charge fees that can add up to close to $30 in some cases. There will also be a conversion fee if you are withdrawing to a non-supported currency other than the base currencies on offer.

    How Much Are Trading Fees With Fusion Markets?

    Considering the Fusion Markets spread and commissions charged, this will depend on the account type you choose to open.

    The lowest spread you will have access to is the Zero Account spread that starts from 0 pips. There is a commission of $4.50 AUD/USD per round turn trade with this account type as well.

    The Classic Account spread starts from 0.8 pips and trading there is completely commission-free.

    Overnight Fees

    Overnight fees are applied as they are with every broker if you are holding your CFD positions overnight. You will pay these though you could also be the one receiving the payment if the trade is moving in your favor. In that case of course there is no fee.

    How Much Are Non-Trading Fees With Fusion Markets?

    Inactivity Fees

    You will be glad to find that Fusion Markets does not charge an inactivity fee. What they will do though is after more than 90 days of inactivity, they will archive your account. This will only happen if there are also no funds in the account.


    • Both spreads and commissions on all account types remain very low
    • Fee-free withdrawals and deposits are very well catered for.
    • No minimum deposit is required on any individual account type
    • A good range of base currencies is provided giving the flexibility to avoid conversion fees


    • The 90-day inactivity period is not ideal, particularly for more casual traders
    • No swap-free account is provided which can lose some traders who need one
    • A 30-day free demo account may not be long enough for some

    Which Markets Does Fusion Markets Offer?

    Let’s take a closer look at all of the markets and assets you will have at your disposal to trade during your time with Fusion Markets.


    The broker provides for an extensive selection of forex currency markets. More than 90 currency pairs are available in total. This is a large number and provides for major, minor, and exotic pairs.

    The spread here is tight too with a starting point of 0 pips depending on your account type and access to the market is provided on a 24/5 basis.


    In commodities, you will find a selection of metals where Gold, Silver, Zinc, Copper, Platinum, and others are all available to trade. You will also find Crude Oil, Brent Oil, and Natural Gas energy commodities.

    The broker allows you to go both long and short here but just remember they do not provide negative balance protection.

    Equity Indices

    Trading indices you will find CFDs available on many of the major markets from around the world. Again here the spreads remain competitive and you can trade the indices in either direction, long or short.

    Share CFDs

    Shares CFDs trading is available on many well-known company names from the US markets.

    How Are Execution, Leverage And Position Sizing With Fusion Markets?

    Let’s first take a closer look here at the key trading features of Fusion Markets:


    When it comes to executions Fusion Markets is an NDD (no dealing desk) broker. This is great for you as it means no interference with trades at all and a desire from the broker to keep the spreads and costs as low as possible.


    Fusion Markets leverage is available. This is applied at a maximum leverage of 30:1 on forex and metals trading or 2:1 maximum leverage on crypto trading.


    The Fusion Markets minimum trade size on currencies pairs, metals, and other commodities is competitively low at just 0.01 lots. For every other asset, your minimum trade size will be 0.1 standard lots.

    There is also a maximum trade size to note. This is 100 lots.

    Risk Management

    There are several risk management tools that Fusion Markets have incorporated into the trading platforms to help you manage risk in the best possible way. This includes the ability to set both stop losses and take profit positions for your trades.

    You can also control your entry points with limit orders, and gradually change your positions through a trailing stop order. Market orders are also available and the broker does make margin calls so you know when your account equity hits certain points.

    Trading Hours

    With trading hours, these are standard with Forex available from Sunday to Friday (GMT) with no breaks. Most other markets are all available on the same days though many have breaks in trading to notes.

    Metals are available from Sunday at 11 pm GMT to Friday at 10 pm GMT but they do take a one-hour break. Index trading also breaks for a time with availability from Sunday at 10 pm GMT to Friday at 8:45 pm GMT.

    Forbidden trading techniques

    Fusion Markets is very open when it comes to your trading techniques. To that end, they will accept hedging, scalping, and the use of EAs so you have a great degree of flexibility to employ the trading strategies that fit your needs.

    What Platforms Does Fusion Markets Offer?

    It is impossible to trade without your keys to the market from any broker. These are the trading platforms and here is a lowdown of exactly what Fusion has to offer:

    Charting and Trading tools

    Starting with charting and trading tools, you will find that through their MT4 platform the broker offers more than 50 indicators and dozens of tools as standard. This is why MT4 is recognized as one of the most preferred trading platforms around and has been for many years. They are also one of the most customizable.

    You will also have access to a VPS if you need it. This can ensure smooth trading through the network at all times.

    Desktop platform

    Starting first with the Fusion Markets desktop platforms there are a few options to choose from. The predominant choice here is the MT4 trading platform that comes with a high reputation, excellent customizability, and is easy to run on almost any device.

    Through MT4 you can trade on all the available assets at the broker, access convenient one-click trading, and also engage the popular EAs feature to automate your trading. MT4 is available for both Windows and Mac and also as a web trading platform. Your platform will be connected to the proprietary Fusion Markets Client Hub to manage your Fusion accounts from the platform.

    Also available if you are trading with a MAM account is the MetaFX platform. This again facilitates the use of EAs and all other trading styles as well as the full range of assets the broker has available. Through this platform, you can trade any lot size that meets the broker requirements and also on an unlimited number of accounts.

    One point to note when trading with the MetaFX platform is that an additional 0.1 pip will be added to all products in order to keep costs as low as possible with this trading platform.

    If you are interested in social trading then Fusion Markets also partners up with Myfxbook to offer access to the third-party social trading platform that can also facilitate you with auto trading through an extremely popular, well-supported, and easy to use environment. You will need to have a live account to use this platform.

    The final trading platform choice you will have is to take advantage of the Fusion Markets partnership with DupliTrade. Again this is one of the most popular and user-friendly copy trading platforms in the industry and provides great connectivity to your Fusion account where you can duplicate trades directly into your Fusion Markets MT4 account. The DupliTrade support team are also on hand on a 24/5 basis to offer great additional support from this top third-party platform.


    Moving to the available mobile trading choices you will again find MT4 among these with a very powerful mobile trading platform that loses none of the functionality and depth of the desktop and web platform.

    This mobile platform is available for both Android and iOS and offers the same extensive charting capabilities, easy access, and great tools together with live pricing to allow you to easily and safely trade on the move.

    What Extra Trading Services does Fusion Markets Offer?

    Social Trading – Copy Trading

    Both copy and social trading at Fusion Markets is very well provided for through the top third-party trading platforms of Myfxbook and DupliTrade though the broker themselves do not offer a proprietary platform in this area.


    • The broker is flexible in allowing all types of trading technique
    • Both social and copy trading are extremely well catered for
    • Trading costs are kept at a very low point which is great value
    • Different platforms are available to cater to different types of trading and traders


    • Aside from forex, the asset offering and number of markets may seem limited to some

    How Is Fusion Markets Customer Service?


    Here you will find a great depth of global language support. No fewer than 20 languages from all over the world are catered for through the platform itself while the website is available in both English and Thai.

    Customer Service

    The customer service team at Fusion Markets can be contacted in a number of ways.

    These include through the web-based live chat facility they provide, email, phone, and directly through their local office locations. Response times are typically fast within market hours and the responses professional and informative.

    Also provided is a detailed FAQ section that can help you address many of the most common questions you may have without even contacting support.

    Does Fusion Markets Have Research And Education Services?


    There is a good range of research tools provided by Fusion Markets including all of the basic features you would expect like a detailed economic calendar.

    They also have a technical insights section that can provide you with more details on the technical side, and an “Analyst Views” are that combines this with fundamental views.

    Also here you will find the “Market Buzz” section that collects and summarizes all of the latest news for an asset so you can have the most up to date information when trading. In all, it is a comprehensive research offering with more tools and information to keep you in the know.


    At the moment there is no education section offered by Fusion Markets. Should this change at a later date we will keep you updated and take a close look at any educational offerings they have.


    • The support team can be contacted through a variety of convenient channels
    • A detailed FAQ section is very useful in answering many questions.
    • Both the news and research sections are very comprehensive and insightful


    • They do not offer any education section at all
    • The website is available in only two languages, English, and Thai

    Fusion Markets vs other brokerage firms


    Is Fusion Markets a good broker?

    Fusion Markets is a popular broker choice with many traders. Some of the strengths of Fusion Markets include the low spread they have on many assets, a low minimum deposit that makes the broker accessible to all traders, and very high-speed order execution.

    How long does it take to withdraw from Fusion Markets?

    Making a withdrawal from Fusion Markets can take up to 5 business days. This time period varies depending on the withdrawal method you have selected. Bank wire transfers typically take the longest.

    Is Fusion Markets an ECN broker?

    Fusion Markets is an ECN broker. This means you can rely on lightning-fast execution speeds and typically deep liquidity that can often translate to the most competitive asset prices.

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    About The Author

    Filippo Ucchino
    Co-Founder - CEO - Broker Expert
    Filippo is the co-founder and CEO of He has 15 years of experience in the financial sector and forex in particular. He started his career as a forex trader in 2005 and then became interested in the whole fintech and crypto sector.
    Over this time, he has developed an almost scientific approach to the analysis of brokers, their services, and offerings. In addition, he is an expert in Compliance and Security Policies for consumers protection in this sector.
    With InvestinGoal, Filippo’s goal is to bring as much clarity as possible to help users navigate the world of online trading, forex, and cryptocurrencies.

    Trading CFDs, FX, and cryptocurrencies involves a high degree of risk. All providers have a percentage of retail investor accounts that lose money when trading CFDs with their company. You should consider whether you can afford to take the high risk of losing your money and whether you understand how CFDs, FX, and cryptocurrencies work. Cryptocurrencies can widely fluctuate in prices and are not appropriate for all investors. Trading cryptocurrencies is not supervised by any EU regulatory framework. Your capital is at risk. The present page is intended for teaching purposes only. It shall not be intended as operational advice for investments, nor as an invitation to public savings raising. Any real or simulated result shall represent no warranty as to possible future performances. The speculative activity in forex market, as well as in other markets, implies considerable economic risks; anyone who carries out speculative activity does it on its own responsibility.
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