Fusion Markets offers ultra-low trading costs with a $2.25 per-side commission on its Zero account alongside regulation from ASIC and FSA Seychelles.
Spreads from
0 pips
Commission
$2.25 per lot per side
Min deposit
$0
Established
2017
Regulated by
ASIC · FSA Seychelles · VFSC (Vanuatu)
Written byLaverlane Team·Updated10 Oct 2026
Researched with AI assistance and verified by our editors
Regulation
The broker operates under Tier-1 ASIC regulation in Australia while routing global client accounts through Seychelles offshore licensing.
Operating under ASIC regulation through FMGP Trading Group Pty Ltd provides strong domestic oversight, but international retail traders contract through Gleneagle Securities Pty Limited or Fusion Markets International Ltd in Seychelles, where statutory compensation schemes do not apply. This legal separation means global retail clients lack Financial Services Compensation Scheme (FSCS) or Investor Compensation Fund (ICF) protection, making local entity jurisdiction critical depending on your residence.
Key facts
The broker launched in 2017 with an explicit focus on providing lower commission rates than traditional brokers.
Client-facing entity
FMGP Trading Group Pty Ltd
Regulators
ASIC, FSA Seychelles, VFSC (Vanuatu)
Restricted countries
US, JP, NZ, ES, AF, CG, IR, IQ, MM, KP, CA-ON, PS, RU, SO, SD, SY, UA, YE
Negative-balance protection
jurisdiction-only
Minimum deposit
$0
Max leverage (Australia)
1:30
Max leverage (offshore entity)
1:500
Max leverage (professional)
1:500
Typical EUR/USD spread
0.01 pips
Platforms
MT4, MT5, cTrader, TradingView
Account currencies
USD, EUR, GBP, AUD, SGD, JPY, CAD
Established in 2017 in Melbourne, the broker positioned itself as a discount execution venue with zero minimum deposit requirements. This setup suits you if you’re testing strategies with a small balance, though the lack of a proprietary desktop platform may put off traders who want advanced charting.
Best for
Pros & cons
Fund safety
Fusion Markets states that client funds are segregated in client trust accounts with a Tier-1 bank, though international accounts lack statutory investor compensation funds.
Fusion Markets states that it deposits client money into segregated client trust accounts held with a Tier-1 bank. Its Regulations page profiles National Australia Bank (NAB) but does not say which entity's funds are held there, so confirm this with your entity before depositing. This structure safeguards funds from corporate insolvency, though statutory investor compensation is unavailable for non-Australian entities.
Account terms
The broker maintains straightforward trading conditions with a small annual inactivity charge and no restrictive trading style limits.
The broker's Client Services Agreement allows an inactivity charge of up to $10 per year on accounts with no transactions for 12 months. If you rarely trade, check the current agreement for the inactivity charge before you leave money sitting in the account.
Costs
Trading costs are low for a raw-spread account, built around a benchmark $2.25 per-side commission.
A $2.25 per-side commission on the Zero account translates to an all-in cost of roughly 0.5 pips on EUR/USD according to the broker, which is low for a raw-spread account. At higher trading volumes, this low pricing can add up to meaningful savings over a year, although your actual savings depend on your trade size, trading frequency and the spreads you receive, and standard spread-only accounts carry wider benchmark markups.
| Instrument | Asset class | Typical spread | Unit |
|---|---|---|---|
| EUR/USD | Forex CFD | 0.01 | pips |
| GBP/USD | Forex CFD | 0.05 | pips |
| USD/JPY | Forex CFD | 0.04 | pips |
| XAU/USD (Gold) | Commodity CFD | 0.86 | $ / oz |
| US Crude Oil | Commodity CFD | 2.86 | $ / bbl |
| BTC/USD | Crypto CFD | 18.97 | $ |
Spreads shown are typical, not guaranteed, and widen during volatile sessions or outside main market hours. Figures reflect the broker's standard retail account.
Markets
Asset coverage is strongest in major forex pairs, with a focused selection of index, commodity, share and crypto CFDs.
Forex CFD
90 pairs
Index CFD
15 indices
Commodity CFD
Metals, energies, softs
Single-Stock CFD
100 shares
Crypto CFD
Available ✓
Real ownership: Stocks / ETFs
N/A for this broker, CFDs only
Offering over 250 instruments across forex, indices, commodities, and share CFDs provides adequate major market access without matching massive multi-asset catalogues. This selection covers core day-trading assets, but swing traders seeking extensive international equities or niche cryptos will find gaps.
Platforms
Traders can choose between MetaTrader 4, MetaTrader 5, cTrader, and TradingView chart integration.
Supporting MetaTrader 4, MetaTrader 5, cTrader, and TradingView offers full algorithmic flexibility across industry-standard environments. EAs and automated strategy developers gain maximum compatibility, though traders looking for all-in-one proprietary research suites must rely on third-party tools.
Execution
The broker states in its CFD disclosures that it is the counterparty to every client transaction and does not publish a detailed execution model.
Because the broker acts as counterparty to client trades, clients are exposed to its financial and business risks and should review its conflict-of-interest disclosures. The broker cites third-party research on execution speed but does not publish slippage statistics, which prevents pre-trade audit checks.
Leverage
Retail leverage reaches up to 1:500 for international clients, while Australian retail accounts remain capped at 1:30.
Up to 1:500 leverage on the international entities gives you far more margin room than the 1:30 caps used in the UK and EU. But more leverage also magnifies losses, and if you’re not used to managing risk, a small move against you can trigger a stop-out. Fusion Markets' trading conditions list up to 1:500 on forex, metals and energy, with fixed limits of 1:100 on indices, 1:20 on US shares and 1:10 on crypto, a margin call at 90% and a stop-out at 20%.
Account types
Accounts split between the commission-free Classic account and the low-commission raw Zero account.
| Account | Min deposit | Commission | Swap | Spread | Demo | Islamic |
|---|---|---|---|---|---|---|
| Zero | $0 | $2.25 per lot per side | Variable overnight swap | From 0 pips | Yes | Yes |
| Classic | $0 | Spread-only | Variable overnight swap | From 0.9 pips | Yes | Yes |
The Zero account combines zero spread markups with low commission, outperforming the spread-only Classic account for high-volume execution. High-frequency traders may pay less overall on Zero, whereas beginners may prefer Classic's simple per-pip pricing despite higher overall costs.
Funding
Deposits and withdrawals incur zero broker fees across bank transfers and popular e-wallets, with card funding available for deposits. Merchant fees may apply if you withdraw funds without significant trading.
Zero-fee deposits and withdrawals are listed across bank transfers and e-wallets, while card funding is available for deposits only. E-wallet deposits are processed quickly, so you can start trading sooner, though any fees your own bank charges on international wires are outside the broker’s control.
Support
Customer service is available by phone, email, and an online contact form.
Support is available by phone, email, and an online contact form. The broker does not publish its support hours or languages other than English, and limited structured educational courses require self-directed research.
Availability
The broker accepts clients globally while excluding residents from jurisdictions like the US, Japan, and New Zealand.
Global acceptance covers most jurisdictions while excluding residents of the United States, Japan, and New Zealand due to regulatory boundaries. Australian traders receive full ASIC statutory protections, whereas global clients trade under offshore licensing with high leverage access.
If you live outside Australia, you will usually contract with an offshore entity that may not be licensed in your country. Sending money abroad to a provider outside your local regulator's reach can involve currency conversion costs, transfer delays and limited recourse if something goes wrong.
Verdict
Fusion Markets delivers exceptionally low execution costs for forex traders seeking raw pricing structures. While asset depth remains streamlined, its transparent fee policy and flexible platform selection make it a strong fit for cost-driven strategy execution.
If minimising trade drag is your primary requirement, the broker offers very low pricing. However, traders requiring extensive global share CFDs or European regulatory guarantees may consider alternatives.
High-volume currency traders, automated EA strategy runners, and cost-focused day traders who value low trading fees across cTrader and TradingView.
FAQ
Fusion Markets is an Australian online forex and CFD broker established in 2017. Operating as a low-cost execution venue, it provides trading in forex, indices, commodities, and share CFDs. International clients contract through Gleneagle Securities Pty Limited or its Seychelles entity rather than ASIC directly.
Fusion Markets was founded in 2017 by Australian financial services professionals. Headquartered in Melbourne, it was established by former forex industry veterans to cut execution costs. The firm operates under Australian Financial Services Licence (AFSL) 385620 from ASIC for Australian accounts, alongside VFSC and FSA licences globally.
It connects directly to TradingView through its broker integration. Traders select Fusion Markets from the TradingView broker panel and log in using their live or demo credentials. This setup enables direct order placement from TradingView charts with standard raw commission structures ($2.25 per side).
The broker requires a $0 minimum deposit to open a live trading account. No base account threshold applies to Zero or Classic account tiers across standard funding options. Clients can fund via bank wire, cards, or e-wallets without internal deposit charges.
The broker states that 85% of withdrawals are processed in under an hour, measured from the point of client request to completion of internal processing. This is the broker's own figure and has not been independently verified, and actual times vary by payment method and provider. PayPal, Skrill, and Neteller withdrawals are listed as instant, local bank transfers take 1 to 2 business days, and bank wire transfers take 3 to 5 business days. No withdrawal fees apply, though merchant fees may apply if funds are withdrawn without significant trading.
Alternatives
Eightcap offers CFDs on 850+ markets through TradingView, MetaTrader 4, MetaTrader 5 and TradeLocker, with a Raw account that starts from 0.0 pips. Clients outside the regulated regions contract with Eightcap Global Limited in The Bahamas, which carries no statutory compensation scheme.
Octa offers swap-free forex and CFD trading on OctaTrader, MetaTrader 4 and MetaTrader 5, with no trading commission and a $25 minimum deposit. Accounts on octabroker.com are with Versustrategy Inc, registered in Saint Lucia, and the legal documents page lists no financial regulator.
JustMarkets offers leverage of up to 1:3000, swap-free trading and MT4, MT5 and its own app, but international clients contract with an offshore Seychelles entity without a statutory compensation scheme.
FXCM offers forex and CFD trading on Trading Station, MetaTrader 4 (MT4) and TradingView. Accounts on the international website are with Stratos Global LLC, an offshore entity in St Vincent and the Grenadines that sits outside the group’s regulated companies.
ThinkMarkets offers ThinkTrader, TradingView, MT4 and MT5 with 4,000+ instruments and leverage of up to 1:500 on Standard and ThinkZero accounts. International clients contract with a Seychelles-licensed entity.
IronFX operates as a retail CFD broker providing high leverage up to 1:1000 on MetaTrader 4, but international clients contract through an offshore entity without statutory compensation protection.
CFI Financial offers MT5, TradingView and its own app with no minimum deposit and leverage of up to 1:500. International clients trade with CFI International Ltd, licensed in Mauritius.
EC Markets offers MT4, MT5 and its own app with a $10 minimum deposit on STD and ECN accounts and leverage of up to 1:1000. International clients trade with the Mauritius-licensed entity.
General CFD risk warning
CFDs are complex leveraged products and carry a high risk of rapid losses. They do not give you ownership of the underlying asset. Depending on your jurisdiction, broker entity and client classification, protections such as leverage limits and negative-balance protection may differ or may not apply. Where negative-balance protection is not provided, losses may exceed the funds you deposit. You should consider whether you understand how CFDs work and whether you can afford the high risk of losing your money.
Disclaimer
This page is provided for general information only. Nothing on this page constitutes investment, tax or trading advice, or a recommendation to open an account or trade with a particular broker. Laverlane does not provide personalised investment advice. We are not a broker or financial institution, we do not arrange or execute trades, and we do not hold client funds.
Broker availability, spreads, fees, leverage, products and legal protections, including compensation schemes and negative-balance protection, vary by the broker’s legal entity, your country of residence and your client classification, and may change over time. Where a broker is required to publish its retail CFD loss rate, that figure is shown on its review page. Spreads shown are typical figures as at our verification date; they are not guaranteed and may widen, particularly during volatile market conditions.
Laverlane Scores reflect the information available at our most recent review. They are editorial assessments, not guarantees of a broker’s financial strength, reliability or future performance. Where we report a regulator warning or enforcement notice, it reflects the official public information available at the time of our review.
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