Fusion Markets review and ratings

Established 2010
Location Australia Seychelles Vanuatu
Regulation ASIC, SFSA, VFSC
Offices Sydney, Mahe, Port Vila
Broker type STP | ECN
Leverage up to 1:500
Deposit from 20 AUD
Spreads low  low
Platforms Web MetaTrader 4 MetaTrader 5
Instruments Currencies Crypto Indices Metals Energies Softs Stocks
Funding methods Wire Transfer Credit Cards PayPal Skrill Neteller FasaPay Perfect Money SticPay AstroPay

Company information

Fusion Markets group includes 3 related companies.

Fusion Markets AU - located in Australia, regulated by the Australian Securities and Investments Commission (ASIC).
Fusion Markets SEY - located in the Seychelles, regulated by the Seychelles Financial Services Authority (SFSA).
Fusion Markets VU - located in the Republic of Vanuatu, regulated by the Vanuatu Financial Services Commission (VFSC).

Unfortunately, AU company has been imposed with trading leverage limitations by ASIC since the end of March 2021.
At the same time, SEY and VU companies are free from such restrictions.

Availability

Fusion Markets group accepts clients from all over the world, excluding USA, Afghanistan, Congo, Iran, Iraq, Myanmar, New Zealand, North Korea, Palestine, Russia, Somalia, Sudan, Syria, Ukraine, Yemen.

Distinctive features

Trading instruments

Forex broker offers the following underlying assets for trading.

40+ Currency Pairs Based on major and minor world currencies.
15 Crypto Pairs Based on Bitcoin, Bitcoin Cash, Ethereum, Cardano, Binance Coin, Dogecoin, Polkadot, EOS, Chainlink, Litecoin, Stellar, Polygon, Solana, Avalanche, Terra.
10 Indice CFDs Based on baskets of different blue-chip stocks.
13 Metal CFDs Based on Aluminium, Gold, Silver, Platinum, Palladium, Nickel, Lead, Copper and Zinc.
3 Energy CFDs Based on Crude Oil (WTI, Brent) and Natural Gas.
11 Soft CFDs Based on Soybeans, Raw Sugar, White Sugar, UK Cocoa, US Cocoa, Coffee Robusta, Coffee Arabica, Orange Juice, Cotton, Corn, Wheat.
110+ Stock CFDs Based on shares of US companies.

Comprehensive review

Fusion Markets is an Australian forex & CFD broker that offers high leverage trading for clients both in Australia and the rest of the world. Like many forex brokers, Fusion Markets is set up with one “onshore” branch in its home country Australia, in addition to offshore branches for international traders registered and regulated in the Seychelles and Vanuatu.

A special thing to note about Fusion Markets is that this broker brands itself as accessible for everyone, with no minimum deposit requirements for its trading accounts. Moreover, it also offers CFD trading in US-listed stocks for free, which makes it stand out from other brokers that typically charge a commission for US stock trading. It’s also worth noting that Fusion Markets claims to have the lowest trading costs among all forex brokers in Australia, although it is difficult to verify how true this is.

In any case, Fusion Markets surely has a selection of trading instruments that is at least on the same level as its competitors, if not better. The broker offers more than 40 forex pairs, 15 crypto pairs, major stock indices, shares of most popular US-listed companies, as well as metals and energy commodities.

All of the assets offered by Fusion Markets are traded as CFDs (contracts-for-difference), which is one of the most popular ways to trade among ordinary retail traders today. Among the many benefits of trading CFDs rather than the underlying asset itself is that it is as easy to go short as it is to go long, there are low margin requirements on accounts, and there is a potential for high trading leverage.

With Fusion Markets, leverage can go as high as 1:500 for non-Australian traders, which is in line with the industry standard for offshore-registered forex brokers. For Australians and others trading under the entity registered in Australia, leverage is unfortunately limited to just 1:30, in accordance with new rules from the Australian Securities and Investments Commission (ASIC).

At the time of writing, Fusion Markets supports trading on the MetaTrader 4 and 5 (MT4/MT5) platforms and the broker’s own copy trading platform Fusion+, which lets experienced traders easily manage money on behalf of others. In addition to these, Fusion Markets also offers a separate copy trading module known as DupliTrade that integrates with MetaTrader for a more seamless copy trading experience.

For those who want to trade on other trading platforms, there is also a FIX API solution available from Fusion Markets. However, the solution is mainly meant for institutions and professionals, and is only available for those who meet certain unspecified volume thresholds, according to the broker’s website.

The types of trading accounts offered by Fusion Markets include an ECN-style Zero Account with spreads from 0 pips and commissions of AUD 4.5, and an STP-style Classic Account with spreads from 0.8 pips and commission-free trading. As is always the case, the better deal for experienced traders is to go with the ECN-type of account, while beginners could choose the Classic STP-type of trading account.

All trading accounts with Fusion Markets can be funded with bank transfers, traditional payment cards, e-wallets such as PayPal, Skrill, Neteller, and others, and a number of cryptocurrencies. Funding is done within the user area called “Fusion Hub,” and most funding methods are accepted free of charge by the broker.

To reach Fusion Markets’ customer support team, live chat via the broker’s website is probably the easiest and fastest option. However, the broker also provides an Australian phone number that clients can use, in addition to an email address. There is no information available about the support team’s working hours.

In conclusion, we see Fusion Markets as a very interesting broker for traders looking for small spreads and low commissions on the MetaTrader platform. The broker also offers high leverage for non-Australian clients, which is something many will probably appreciate. We are also happy to see that crypto deposits and withdrawals are supported.

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