Fusion Markets

Fusion Markets is an Australian-based forex and CFD broker founded on July 9, 2019. The broker is operated by FMGP Trading Group Pty Ltd (ABN 74 146 086 017), which holds an Australian Financial Services Licence (AFSL 385620) and is regulated by the Australian Securities and Investments Commission (ASIC). Additionally, Fusion Markets is licensed by the Seychelles Financial Services Authority (FSA) under a Derivatives Trading License (EP), classified as offshore regulation. The broker’s registered address is Level 10, 627 Chapel St, South Yarra, VIC 3141, Australia.

Fusion Markets positions itself as a low-cost broker, aiming to provide access to global markets with tight spreads and no dealing desk execution. The broker caters to both retail and professional traders, offering a range of account types and multiple trading platforms.

Fusion Markets is regulated by two entities: ASIC in Australia (Market Making License) and the FSA in Seychelles (Offshore Regulation). The ASIC license is considered a high-tier regulation, providing a degree of oversight and client protection, including access to the Australian Financial Complaints Authority (AFCA). The Seychelles FSA license offers a lower regulatory framework, typically associated with offshore entities.

FXCanary's scam risk score assesses Fusion Markets at 20 out of 100, indicating a low risk profile. This score reflects the broker’s Australian regulation, transparent operations, and absence of major red flags. However, traders should be aware that the offshore license may offer less stringent protections compared to ASIC.

Fusion Markets offers three main account types: Classic, Zero, and Swap Free. The Classic account requires no minimum deposit and has no separate commission; trading costs are built into the spread. The Zero account also has no minimum deposit but charges a commission of $2.25 per side per lot, with spreads starting from 0.0 pips. The Swap Free account is available for clients who require no swap or rollover interest, suitable for certain religious or personal beliefs.

Maximum leverage is advertised up to 1:500, though this may vary per jurisdiction and client category. The broker supports micro-lot trading and offers both demo and live accounts. All account types can be used across the supported platforms.

Fusion Markets provides access to MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, and TradingView. These platforms cover desktop, web, and mobile trading, offering advanced charting, automated trading via Expert Advisors (EAs) in MT4/MT5, and social trading features via TradingView.

The broker lists over 250 instruments, including 90+ forex pairs, energy (crude oil, natural gas), precious metals (gold, silver), equity indices, and stock CFDs. Commodities and indices are also available. The broker does not currently offer cryptocurrency CFD trading based on official statements, though it may have been offered in the past.

Fusion Markets states that it charges no fees on deposits and offers over 30 funding methods, including bank wire transfer, credit/debit cards, e-wallets, and local payment options depending on the client's country. The broker processes withdrawals efficiently, and most methods have low or zero internal fees.

The minimum deposit is $0 for both Classic and Zero accounts, which is rare in the industry and lowers the barrier to entry for new traders. The broker does not impose a maximum deposit limit.

Fusion Markets targets cost-conscious retail traders who want low spreads and commissions. The broker’s zero-minimum deposit and multiple account types appeal to beginners and scalpers alike. With support for EAs and cTrader, it also suits algorithmic traders.

However, the availability of high leverage (1:500) and offshore regulation may attract experienced traders willing to accept higher risk for greater flexibility. The broker’s ASIC license provides a safety net for Australian and some international clients, but the Seychelles entity may be used for clients from less regulated regions.