Quick Summary
| Headquarters | Melbourne, Australia |
| Established | 2017 |
| Regulation | ASIC (Australia), VFSC (Vanuatu) |
| Platforms | MetaTrader 4, MetaTrader 5, cTrader, TradingView |
| Instruments | 450+ (Forex, Indices, Commodities, Crypto, Shares) |
| Min Deposit | $0 |
| Deposit Methods | Visa, Mastercard, Skrill, Neteller, Bank Wire, POLi, Crypto |
| Withdrawal Methods | Visa, Mastercard, Skrill, Neteller, Bank Wire |
| Min Trade Size | 0.01 lots |
| Max Leverage | 1:500 |
| ECN | Yes (Zero account) |
| EA / Robots | Yes |
| Scalping | Yes |
| Support | 24/5 live chat, email, phone |
Our Rating
Zero account delivers true ECN spreads from 0.0 pips with no requotes and fast execution via top-tier liquidity providers.
cTrader and TradingView support gives traders platform flexibility uncommon at this price point.
Four platforms supported: MT4, MT5, cTrader, and TradingView — matching IC Markets and Pepperstone for platform diversity.
All platforms available on desktop, web, and mobile with full EA and algorithmic trading support.
450+ instruments across forex, indices, commodities, crypto, and shares — adequate but significantly smaller than IC Markets (2,250+) or FP Markets (10,000+).
Share CFD selection is limited. Traders who need multi-asset access should consider FP Markets or IC Markets instead.
ASIC regulation (Licence 428901) provides tier-1 oversight. VFSC Vanuatu is a tier-3 offshore regulator with lighter requirements.
Established in 2017 — only 8 years of operating history, which is shorter than IC Markets (2007) or Pepperstone (2010).
Zero account at $2.25/lot/side is the lowest ECN commission in our review — 36% cheaper than IC Markets ($3.50) and 25% cheaper than FP Markets ($3).
No minimum deposit, no deposit fees, no withdrawal fees. Classic account has no commission with spreads from 1.0 pip.
24/5 support via live chat, email, and phone. Response times are generally under 5 minutes during business hours.
No 24/7 support — traders who need weekend assistance should consider IC Markets or Exness instead.
Regulation & Security
Regulatory Entities & License Numbers
| Entity / Regulator | Country | License Number | Status |
|---|---|---|---|
| ASIC | Australia | 428901 | Active |
| VFSC | Vanuatu | 40300 | Active |
Client Fund Protection
Client funds are held in segregated trust accounts at Australian banks, completely separate from Fusion Markets' operating capital. ASIC regulation requires client fund segregation and regular external audits. The broker complies with ASIC capital adequacy requirements. SSL encryption protects all data transfers, and two-factor authentication is available for account login.
Negative Balance Protection
Yes — Fusion Markets provides negative balance protection for all retail clients under ASIC regulation. You can never lose more than your total deposit, even during extreme market volatility or gap events.
Bonuses & Promotions
Fusion Markets does not offer welcome bonuses or deposit bonuses. The broker focuses on providing the lowest ECN commissions in the industry ($2.25/lot/side) rather than promotional offers. This approach aligns with its value-focused positioning — the savings from lower commissions add up significantly for high-volume traders compared to one-time bonus offers. The broker occasionally runs trading competitions with cash prizes.
Account Types Comparison
| Account | Min Deposit | Spread | Commission | Leverage | Platform | Best For |
|---|---|---|---|---|---|---|
| Zero | $0 | From 0.0 pips | $2.25/lot/side | 1:500 | MT4, MT5, cTrader | Scalpers and ECN traders who need the tightest spreads and lowest commission |
| Classic | $0 | From 1.0 pip | None | 1:500 | MT4, MT5, cTrader | Beginners and casual traders who prefer all costs in the spread |
| Islamic (Swap-Free) | $0 | From 0.0 pips | $2.25/lot/side | 1:500 | MT4, MT5, cTrader | Traders requiring Sharia-compliant accounts with no overnight swap |
| Demo | Free | Real-time | Simulated | Up to 1:500 | MT4, MT5, cTrader | Practising strategies risk-free with no time limit |
Trading Conditions
Fusion Markets offers two pricing models. The Zero account charges $2.25 per lot per side — the lowest ECN commission in our review — with true ECN spreads from 0.0 pips. Total round-turn cost on EUR/USD averages $4.50-6.50 including commission, making it cheaper than IC Markets ($7-9) or FP Markets ($6-8). The Classic account has no commission and spreads from 1.0 pip. Maximum leverage is 1:500 for retail clients. Scalping, hedging, and Expert Advisors are all fully supported. Execution is no-dealing-desk with no requotes — orders route directly to liquidity providers. Spreads are variable and may widen during major news events, which is standard for ECN pricing.
Overnight Swap (Rollover) Fees
Overnight swap (rollover) fees apply on all accounts except Islamic (swap-free) accounts. Swap rates vary by instrument and are published daily. Triple swap is charged on Wednesdays for forex pairs to account for weekend rollover. Islamic accounts are available on Zero and Classic accounts and charge no overnight swap, complying with Sharia finance principles.
Deposits & Withdrawals
Fusion Markets supports Visa, Mastercard, Skrill, Neteller, POLi, bank wire, and cryptocurrency for deposits. Most deposit methods are instant with no deposit fees. The minimum deposit is $0 — you can start with any amount.
Withdrawals are processed within 24 hours on business days. E-wallet withdrawals (Skrill, Neteller) are typically processed within hours. Card withdrawals take 2-5 business days. Bank wires take 1-3 business days. All withdrawals must go to accounts in your name. Fusion Markets does not charge withdrawal fees.
Deposit Methods
Withdrawal Methods
KYC (Know Your Customer) Requirements
KYC verification is required before your first withdrawal. You must submit a government-issued photo ID and a proof of address dated within the last 6 months. Verification typically takes 1-2 business days.
Trading Platforms
MetaTrader 4 (MT4)
Features
Full EA support, custom indicators via MQL4, 30+ built-in indicators, 9 timeframes, strategy backtester. Available on Windows, Mac, Web, iOS, and Android.
Limitations
Forex-focused — no multi-asset support. Dated interface. MQL4 EAs not compatible with MT5.
MetaTrader 5 (MT5)
Features
Multi-asset trading, 21 timeframes, 80+ indicators, DOM, economic calendar, MQL5, advanced strategy tester. Available on Windows, Mac, Web, iOS, and Android.
Limitations
MQL5 EAs not backward-compatible with MT4.
cTrader
Features
Level II pricing, cAlgo (C#), cCopy copy trading, 50+ indicators, advanced charting, one-click trading. Available on Windows, Mac, Web, iOS, and Android.
Limitations
Smaller ecosystem of custom indicators vs MT4/MT5. cAlgo requires C# knowledge.
TradingView
Features
Web-based charting, Pine Script custom indicators, social trading community, 100+ pre-built indicators, real-time alerts, direct trading from charts.
Limitations
No EA/algorithmic trading support through TradingView integration.
Mobile App
Features
Full mobile trading on iOS and Android for MT4, MT5, and cTrader. Real-time quotes, charting, order management, push notifications.
Limitations
Limited charting vs desktop. EA management not practical on mobile.
Instruments & Markets
| Asset Class | Count | Examples |
|---|---|---|
| Forex | 50+ pairs | EUR/USD, GBP/USD, USD/JPY, AUD/USD (majors); EUR/GBP, EUR/JPY, GBP/JPY (minors); USD/ZAR, USD/TRY (exotics) |
| Indices | 10+ indices | US30, NAS100, SPX500, GER40, UK100, AUS200, JPN225 |
| Commodities | 10+ instruments | Gold, Silver, WTI Oil, Brent Oil, Natural Gas, Copper |
| Crypto | 10+ cryptocurrencies | Bitcoin, Ethereum, Ripple, Litecoin, Bitcoin Cash |
| Shares | 50+ share CFDs | Apple, Microsoft, Tesla, Amazon, Google — limited US share selection |
Trading Tools
VPS Hosting
VPS hosting available for EA traders. Free VPS for qualifying accounts with sufficient balance and trading volume.
Expert Advisors (EAs)
Full EA support on MT4, MT5, and cTrader (cAlgo). No restrictions on EA strategies or frequency.
cCopy
cTrader copy trading platform that lets you automatically copy trades from verified strategy providers within the cTrader ecosystem.
Analysis Tools
TradingView integration with 100+ indicators. cTrader includes sentiment indicators and DOM. MT4/MT5 standard charting tools.
Depth of Market (DOM)
Available on cTrader and MT5. Shows Level II pricing with available liquidity at different price levels.
Education & Research
Fusion Markets provides a basic educational section with trading guides and video tutorials. The content covers platform setup, basic trading concepts, and market introductions. However, the educational offering is limited compared to brokers like XM or AvaTrade that specialise in beginner education. There are no regular live webinars or structured trading courses. For experienced traders, the lack of educational content is not a drawback, but beginners may need external resources.
Customer Support
Fusion Markets offers 24/5 customer support via live chat, email, and phone. Support is available in English. Live chat response times are typically under 5 minutes during business hours. Email responses are usually received within 4-8 hours. Phone support is available via Australian numbers. The support team is generally knowledgeable about platform issues and account queries. The main gap is the lack of 24/7 support — IC Markets and Exness both offer round-the-clock service.
Awards & Recognition
Fusion Markets is a relatively new broker (established 2017) and has received fewer industry awards than longer-established competitors. The following are based on publicly available information.
Pros
- Lowest ECN commission at $2.25/lot/side — 36% cheaper than IC Markets
- No minimum deposit — start with any amount
- Four platform options: MT4, MT5, cTrader, and TradingView
- ASIC regulation (Licence 428901) provides tier-1 oversight
- No deposit or withdrawal fees
- cTrader copy trading via cCopy
- All trading styles allowed: scalping, hedging, and EAs
- Islamic (swap-free) accounts available
Cons
- Limited instrument range (450+) compared to IC Markets (2,250+) or FP Markets (10,000+)
- Only 24/5 support — no weekend support
- Shorter operating history (established 2017) vs competitors
- VFSC Vanuatu entity is tier-3 with lighter requirements
- Limited educational resources compared to XM or AvaTrade
- Fewer industry awards than longer-established brokers
Fusion Markets vs IC Markets & Pepperstone
| Feature | Fusion Markets | IC Markets | Pepperstone |
|---|---|---|---|
| Trust Score | 89 | 93 | 91 |
| Overall Rating | 4.7/5 | 4.0/5 | 4.3/5 |
| Min Deposit | $0 | $200 | $200 |
| Spread From | 0.0 pips | 0.0 pips | 0.0 pips |
| Commission | $2.25/lot/side | $3.50/lot/side | $3.50/lot/side |
| Max Leverage | 1:500 | 1:500 | 1:500 |
| Platforms | MT4, MT5, cTrader, TradingView | MT4, MT5, cTrader, TradingView | MT4, MT5, cTrader, TradingView |
| Instruments | 450+ | 2,250+ | 1,200+ |
| Regulation | ASIC, VFSC | ASIC, CySEC | ASIC, FCA, CySEC, DFSA |
| Support | 24/5 | 24/7 | 24/5 |
Frequently Asked Questions
Final Verdict
Fusion Markets is an excellent choice for cost-conscious ECN traders who want the lowest commission in the industry ($2.25/lot/side) without sacrificing platform choice. With ASIC regulation, four platform options (MT4, MT5, cTrader, TradingView), and no minimum deposit, it delivers outstanding value. The main drawbacks are the limited instrument range (450+), shorter operating history, and lack of 24/7 support. For traders who primarily trade forex and value low costs over instrument variety, Fusion Markets is one of the best value choices available. Our overall score of 85/100 reflects its strong cost proposition with some limitations in market coverage.
Risk Warning: Trading forex and CFDs involves significant risk and may not be suitable for all investors. Leverage magnifies both gains and losses. Never trade with funds you cannot afford to lose. Past performance is not indicative of future results. The information on this page is for educational purposes only and does not constitute financial advice.
User Reviews & Ratings
Rating Summary
Based on 6 reviews
Write a Review
Trader Reviews (6)
Good but needs more instruments
Fusion Markets is solid for forex trading but the instrument list is quite limited compared to IC Markets or Pepperstone. Only 90+ instruments which is not enough if you trade stocks or crypto CFDs. For pure forex trading though, the pricing is competitive and execution is reliable.
Competitive pricing and reliable execution for forex
Only 90+ instruments, not enough for multi-asset
Perfect for my first ECN account
Started trading with Fusion Markets 6 months ago after moving from a market maker broker. The difference in execution quality is night and day. No requotes, tight spreads, and withdrawals within 24 hours. The support team helped me set up my MT5 platform over live chat. Very happy so far.
No requotes, tight spreads, withdrawals within 24 hours
Limited educational resources for beginners
Great value ECN broker
Fusion Markets offers ECN pricing with lower commissions than most competitors. The $250 minimum deposit is reasonable. Spreads on EUR/USD are competitive during London hours. The platform is MT4/MT5 only which is fine for most traders. Good choice if you want ECN pricing without paying premium commissions.
Lower ECN commissions than most competitors
MT4/MT5 only, no cTrader or TradingView
Great value but newer broker
Fusion Markets offers excellent value with low commissions and multiple platforms. The cTrader execution is smooth and spreads are genuinely tight on the Zero account. My only concern is that they are a newer broker (est 2017) so the track record is shorter than established names. Customer support is helpful but not available 24/7. Overall a solid choice if you want to minimize trading costs without sacrificing quality.
Lowest commissions I have found anywhere
Fusion Markets has the lowest commissions I have seen — $2.25 per lot per side on the Zero account. That is significantly cheaper than IC Markets or Pepperstone. The fact that there is no minimum deposit is great. MT4, MT5, cTrader, and TradingView are all supported. ASIC regulation gives me confidence. Execution is fast and reliable. For cost-conscious traders, Fusion Markets is hard to beat.
Zero deposit and zero issues
Fusion Markets has zero minimum deposit and ultra-low commissions. I was skeptical at first but after 8 months of swing trading I have had zero issues. Withdrawals arrive within hours. ASIC regulation is a big plus.