Fusion Markets review and test – Is it the right broker for you?

Review: Regulation: Min. deposit:Assets:Minimum spread:
4.8 out of 5 stars (4.8 / 5)ASIC, AFSL, VFSC0€120+0.01 (often 10c per pip)

Fusion Markets stands by its mission statement: “The world’s biggest market, the world’s lowest-cost broker.” It was based on a statistical sampling of top CFD (Contract for Difference) and foreign exchange brokers for commissions and spreads in the entire world, overseen recently on February 2021. They reached a consensus that this online platform was a step above the others in the financial industry and relatively easy to utilize. Fusion Markets take pride in having the lowest prices of financial products that clients can trade. They have a radically effective and original trading platform that provides for a consistent and user-friendly experience.

We have over nine years of experience and have made a thorough examination of this platform and the services it provides. Once you have read this review, it will aid in your decision-making process if you are going to use it or not.

Official website of Fusion Markets

What is Fusion Markets? – the company presented

Fusion Markets is a relatively new brokerage firm and was founded in November 2017. It is a trading name of a premier Australian-based company, called Gleneagle Asset Management Limited or GAML. They are veterans in the Australian forex community and specifically catered it for their countrymen. They have become illustrious in their chosen fields in finance. With a combined fifty years of highly profitable experience, they wanted to share their knowledge and skill with others and make trading an accessible and uncomplicated undertaking.

They have agreed on a few simple rules to live by and instituted them on their trading platform:

  • Drastically lower pricing enables regular and inexperienced people to trade in financial assets like CFDs and forex.
  • Usage of top-quality and cutting-edge technology to assist traders in a perfectly coherent and consistent trading experience.
  • Providing the friendliest service and support towards traders of different skill levels.

Trade from 0.0 pips over 3,000 markets without commissions and professional platforms:

(Risk warning: 78.1% of retail CFD accounts lose money)

The CEO and founder of Fusion Markets is named Phil Horner. He has over ten years of experience in the Australian financial industry. He worked in different companies like AxiTrader and Pepperstone Group Limited (which he became the CEO, but left nonetheless in 2017). He wanted to pursue his dream to be the boss of his own brokerage company. Thus Fusion Markets was born.

Meet the CEO of Fusion Markets – Phil Horner

His vast and illustrious experience enabled him to become a veritably seasoned broker and trader. He took that precious knowledge and molded it into this highly efficient internet trading platform of today. One of the best tools of the Fusion Markets platform is the highly effective and popular MT4 or Meta Trader 4. It is user-friendly and easy to navigate and gives traders a great opportunity to trade in over one-hundred-twenty assets.

Australian traders prefer this from the other sites because they can garner higher earnings from the commission rates, which are thirty-six percent cheaper than the other brokerage platforms. Also, there are no credit and debit card deposit fees which makes them all the more appealing.  

Company vision:

Fusion Market’s goal is to give quicker and easier access to the financial markets of the world. Therefore, getting the lowest cost of financial products compared to what is currently available. Being known as a low-cost brokerage platform is not enough. They want to permanently alter the perceptions and expectations of people of what CFD and forex providers are.

Is Fusion Markets regulated?

Fusion Markets has a license and regulation by ASIC (Australian Securities and Investment Commission). It also has a license from AFSL (Australian Financial Services License, along with a 226199 number designation. It is also regulated by VFSC or Vanuatu Financial Services Commission and is a registered Vanuatu company whose company number is 40256.

Fusion Markets is a reputable broker

Companies that apply for these licenses undergo strict standards for compliance to qualify. These include a capital of one million Australian dollars minimum requirement. And thus, rigorous compliance in filing regularly scheduled reports allows the regulating entities for third-party audits. There are also safety measures established by the company, like having the funds of the customers in segregated Westpac Bank accounts. 

What does that mean?

The company has built a substantial reputation for having a safe and secure platform where people can trade with ease.

The best brokers for traders in our comparisons – get professional trading conditions with a regulated broker:

Broker:Review:Advantages:Free account:
1. Capital.com
5 out of 5 stars (5 / 5)
➔ Read the review
# Spreads from 0.0 pips
# No commissions
# Best platform for beginners
# No hidden fees
# More than 3,000+ markets
Live account from $ 20:
Open your free account

(Risk warning: 78.1% of retail CFD accounts lose money)

MT4 / Meta Trader 4

It is the most popular and essential tool in the Fusion Markets arsenal. It is a trading software first developed by MetaQuotes in 2005, which licensed it to forex brokers (like Fusion Markets) to their customers. Furthermore, it is praised highly by advanced traders and novices alike for its spectacular implements like multiple timeframes, powerful charting capabilities, efficient features, and customizability.

It has an automated program called Expert Advisors, which has been praised in the financial community for its highly effective functionality. It was designed utilizing the MetaQuotes program language. Furthermore, it is also a distinct element that most traders look for when using MT4. You can purchase EAs on the internet via the MT4 terminal.

Traders should also take note that when the clients first see it, it will look like an empty shell with nary a thing on it and what will happen next is the most interesting because it will be compelling to see the things that the broker fills it with.

MetaTrader 4

The specific Fusion Markets MT4 has a range of features that complement the platform itself, like Multi Account Manager for more expert traders and a Virtual Private Server to guarantee that there will be no connectivity interruptions while trading. It also has a powerful mechanism that enables extremely low pricing, the capability to link up to the Fusion Markets Clients Hub for account management, and the ultra-fast trade execution of 0.02 milliseconds.

Here are some of the reasons why a majority of online traders prefer it:

  • Flexible trading choices: Customers can deal with assorted types of orders and has an ultra-fast trading process done with one click.
  • Automated trading: It is due to Expert Advisors (already mentioned above).
  • Flexible tools and charts: You can customize the charts. It has over fifty script indicators that you can adapt.
  • A wide array of products for trading: A Fusion Markets trader has a broad range of forexes, cryptocurrencies, and CFDs to trade.

All the most prolific online brokers have enlisted this software for their online platforms. It has become an industry-standard in the foreign exchange industry due to its speed, stability, and convenience.

Web Trader for MT4

If you are unwilling to install or download the platform on your laptop or desktop computer, but you want to utilize it, there is still a way to do that, with extra help from the cloud-based version of the MT4 Web Trader.

MT4 web version

It’s still the MT4 tool with all the same abilities and features. And can be accessed directly on the internet browser of the computer. You do not need to install or download it, which further increases its level of effectiveness for the users.


It is accessible anywhere else on the planet, from whoever has an internet connection, with the same functionalities as the desktop trading platform.

Trade from 0.0 pips over 3,000 markets without commissions and professional platforms:

(Risk warning: 78.1% of retail CFD accounts lose money)

MT4 mobile application

Fusion Markets still provides access to traders that are too busy to stay in one place. They can still trade with their smartphone using two native MT4 apps, one for iOS devices and the other for Android users. You can freely download it on either App Store or Google Play, which is dependent on the OS or operating system you have on your device.

MT4 mobile app

It enables mobile users the freedom and flexibility to trade wherever they may be. They can do anything with their Fusion Markets accounts, like trading or exploring the many open forex markets. It’s done by utilizing the graphical tools and indicators of the application. Novice traders can prodigiously learn and benefit from the many types of executions, real-time forex quotes, and detailed history. It is beneficial to the more sophisticated traders also, providing free market updates and charts that you can customize.

The charts you can select for yourself to use are either candlestick, Japanese, line, or bar. You can interact with it by scrolling and zooming in. You can choose from either of the time frames like MN, M1, M30, M15, M5, M1, W1, H1, H4, W1, and D1.

Fusion Markets types of accounts

Trading is already regarded as a complex task, and choosing an account is the crux of the matter. It’s a crucial undertaking, which you need to make sure you are doing correctly. It’s because it is dependent on whether you can earn money with the account or not.

Good thing that Fusion Markets only has two account types for clients to select. It would fix any confusion and quandary the new users may have (there is also a demo account, which will be discussed in another segment). Each has similar access to the tools, instruments, and features. The differences are only minimal, as mentioned below:

  • Zero Account: It is, by far, the more popular among the two. As evident by the name, the spreads do not have markups. It begins at 0 pips, yet you must pay a commission of 4.50 Australian dollars.

Since this is regarded as a more superior account to the other, there are no required trading volumes and minimum deposits. This type befits the more experienced and active trader since it necessitates a thorough understanding of commission sizing.

  • Classic Account: In this account type, you can immediately trade once you open it. The process is the same as opening a demo account. It is best suited for rookie traders attempting their first trade.

Its best feature is a simplistic and easy-to-understand computer interface. You do not have to calculate a commission before opening a position to trade. With this account type, there are no commissions because they are already built-in spreads. The spreads for this type of account begin at 0.8 pips. Calculation of the average spread is done by including the listed spread in a particular trade to 0.8. Example: 0.15 + 0.8 or 0.95.

Trade from 0.0 pips over 3,000 markets without commissions and professional platforms:

(Risk warning: 78.1% of retail CFD accounts lose money)

Demo account

If you are still a newcomer and not yet confident in your trading abilities, then you can practice in a demo account. It is a way to sharpen your skills and test the available products without spending and losing real money. It’s relatively easy to try it out and register. Go to the Fusion Markets home page, scroll down below to find the “try a free demo” link, and click it. 

  • You will have to register and be directed to a web form, where you have to provide your email and a unique password. You will also need to provide further personal details like your name, address, phone number, etc.
  • You can select the kind of currency and the leverage, like 500:1, 400:1, 300:1, 200:1, and 100:1.
  • You have a choice to create more than one demo accounts. You can register the two account types, add virtual cash to them and start fake trading. This way, you can judge for yourself which one would be suitable for you.
  • You also have to be aware that you need to undergo the regular verifying procedure before you can do either real or fake trading. It means you have to upload clear copies of government-issued IDs like a passport or driver’s license.
  • You also need to send in a clear copy of your proof of residence, so either upload your bank statement, utility bill, or birth certificate.

Opening an account

Creating a Fusion Markets account is as easy as pie. They are proud of its uncomplicated and user-friendly interface. Thereby, opening an account requires little effort. The whole process is similar to making a demo account (mentioned above). You will still fill out the web form with your details and upload documents to verify your address and identification.

The best way to get a clear copy of a particular document is to scan it with a computer scanner. If you’re going to use utility bills (gas, phone, or electricity) as proof of residence, be sure it is current, not more than three months old. After you have filled out the info and uploaded all the necessary documents, just wait for an email from the accounts department to let you know that you have a verified account. Then you can deposit funds into your account and begin trading.

Follow these three steps to open up an account

Fusion Markets payment methods

Fusion Markets provide an impressive selection of payment methods. A few payment options are tailored specifically to the region in the Asia Pacific, like Malaysia and Thailand. The most popular funding choices are with debit/credit cards by Visa and Mastercard. It is a good choice since there would not be additional charges for this. Once you deposit the funds, they will immediately appear on your account.

You can opt for bank transfers. But this option has a long waiting time, and you can wait up to five business days until the deposit will appear on your account. The exact period will depend on the country you’re in. E-wallets are not yet available.

Deposit and withdrawal

The Fusion Markets platform does not have many options for a trader to withdraw and deposit funds in an account that includes debit/credit cards and wire transfers. Also, there are no fees for depositing using debit/credit cards. Withdrawing funds can be fulfilled on the same day. In some instances, withdrawal can happen the next day if it is outside banking hours.

Bank-to-bank transfers can occur in a couple of business days. Yet some other ways can be immediate. Some payment online systems might have requirements, restrictions, and transaction limits. These details are usually shown on their websites. Third-part payments are not accepted on the platform. In some countries, customers might have to undergo an account verification procedure in removing limitations for either withdrawal or depositing.

Customers can choose a currency to use for their Fusion Markets accounts like AUD, USD, EUR, SGD, GBP, and JPY. The various currency choices can benefit traders because there are no fees for currency conversion when utilizing your currency for your account.

Countries that accept Fusion Markets:

  • Australia
  • United Kingdom
  • Thailand
  • South Africa
  • Canada
  • India
  • Hong Kong
  • Singapore
  • Germany
  • France
  • Sweden
  • Norway
  • Denmark
  • Italy
  • United Arab Emirates
  • Kuwait
  • Saudi Arabia
  • Qatar
  • Luxembourg

Countries that don’t accept Fusion Markets:

  • New Zealand
  • Ghana
  • Iraq
  • Iran
  • United States
  • Pakistan
  • Japan
  • China
  • Belgium

Fusion Markets customer support

There is a chat feature on the website located on the lower right portion. Here are Fusion Market’s contact details:

You can contact Fusion Markets via live chat
  • Fusion Markets address: Melbourne HQ Address- 17 Gwynne St., Cremorne VIC 3121. Australia
  • Email: [email protected]
  • Phone: +61383762706
  • Fusion Markets EN address: Govant Building, BP 1276 Port Vila, Vanuatu

Fusion Markets education and research

Fusion Markets have a new educational feature called “Our Blog.” They have posted many practicable articles that can help either novice or expert traders. You can subscribe to this by putting in your email address. New articles will be sent directly to your email. If you do not want this service anymore, you can opt-out anytime.

Conclusion: Fusion Markets opens its doors to low budget traders

Fusion Markets have indeed accomplished its mission statement from the moment it opened its doors to the public. They have made a name for themselves in such a short time and will greatly benefit you if you’ll try it out. Moreover, with MetaTrader as a trading platform to trade with, Fusion Markets offers a great deal for trading like an expert on a low budget.

Fusion Markets review:

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Fusion Markets is a reputable and recommendable broker that is recommendable for traders who trade on a low budget.


Trade from 0.0 pips over 3,000 markets without commissions and professional platforms:

(Risk warning: 78.1% of retail CFD accounts lose money)

FAQ – The most asked questions about Fusion Markets : 

Who is the owner of Fusion Markets?

Phil Horner is the Chief Executive Officer of Fusion Markets and has been in the financial industry for ten years in Australia. He previously worked in companies like Pepperstone Group Limited as a CEO and also in AxiTrader. But he wanted to become the boss of his own company that offered broker services. Therefore, he gave birth to Fusion Markets with a vision to change people’s overview and expectations of their forex and CFD trading providers.

Who regulates Fusion Markets?

Fusion markets have proven to provide clients with secured trading solutions where people can deposit funds and trade with a great experience. They are an authorized trading platform regulated by the ASIC. Fusion Markets is also a registered company in Vanuata and is regulated by Vanuatu Financial Services Commission (VFSC).

What type of broker is Fusion Markets

Fusion Markets comes under the category of a young forex broker that prioritizes low-cost commissions intending to shake up the markets. It follows the style of ECN style of trading and offers an excellent level of customer service to all its clients. It is an ASIC-regulated trading platform that gives foreign exchange trading options in more than 90 currencies and more than 10 cryptocurrencies. It also offers trading platforms like MetaTrader 4 and MetaTrader 5.

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Last Updated on January 27, 2023 by Arkady Müller