Fusion Markets review: Regulations, Platforms, Trading Instruments and Broker Ratings.

4.681 • 247 REVIEWS
Gleneagle Group FMGP Trading Group Pty Ltd
Updated: Apr 20, 2024

5 star review by Bbailey303, Canada

I can’t believe how amazing it has been dealing with Fusion Markets. Their customer support has been excellent. They are quick and responsive with any questions I have. They really care about me being happy with the service.
FusionMarkets have a great range of products to trade and their spreads and fees are the lowest I was able to find. I am really excited to be working with this broker.

What is Fusion Markets?

Fusion Markets is an Australian forex and CFD broker established in 2017. It offers popular cTrader, MT4, and MT5 trading platforms including Desktop, Mobile, and WebTrader versions.

FusionMarkets supports all trading styles including EAs, Scalping, and Spike trading. Copy Trading is offered via Fusion+. Trading instruments include over 80 forex pairs, popular cryptocurrencies, stocks, indexes, precious metals and commodities as CFD.

Fusion Market prides itself on ASIC, VFSC, and FSA-S regulation and low cost trading (fresh data on spreads and commissions is available on the broker website). Fees are waived on Visa, MasterCard, and PayPal deposits; US shares trading incurs 0 broker fee.

Please read Fusion Markets Reviews below and share your live trading experiences with this broker.

Broker Details

Minimum Trade Size: 0.01
Maximum Leverage: 500:1
Minimum to Open Live: $1
Established: 2017
Address: Level 10, 627 Chapel St, South Yarra, 3141, Australia
Contact: help@fusionmarkets.com, +61383762706
Regional offices:
Regulators: ASIC #385620, FSA-S #SD096, VFSC #40256
Prohibited countries:
Trading platforms: MT4, MT5, cTrader, WebTrader
Dealing Desk: ❌ No
Web Trading: ✅ Yes
Mobile Trading: ✅ Yes

Trading Instruments

Currencies: (80+)
Cryptocurrencies: (15+) Bitcoin, Litecoin, Ethereum
CFD: (110+) Gold, Silver, Other Precious Metals, Stocks, Stock Indexes, Oil, Other Commodities

Trading Conditions

EAs/Robots: ✅ Yes
News Trading: ✅ Yes
Scalping: ✅ Yes

Managed Accounts & Social Trading

MAM: ✅ Yes
Copy Trading: ✅ Yes
Deposit Methods: Bank Wire (BankTransfer/SWIFT), VISA, MasterCard, Bitcoin, Cryptocurrency, Ether/Ethereum, Interac, Jeton, Local Bank Transfers, Neteller, OnlineNaira, Other Crypto Currencies, PayPal, PerfectMoney, SEPA (Single Euro Payments Area), Skrill, ThunderXPay
Withdrawal Methods: Bank Wire (BankTransfer/SWIFT), VISA, MasterCard, Local Bank Transfers
* Please check broker website for more information
4.681 • 247 REVIEWS

Fusion Markets Most Helpful Customer Reviews

Renato S
Milano, Italy,
Mar 14, 2023,
Registered user

The real dependable broker

Service use: Live Length of use: 6-12 Months
Client since August 2022.
FM is a very dependable broker. It provides tight spread with low commission. It supports client with a 24x365 real human presence, always ready and willing to assist and solve any possible issue, providing advise and suggestions through the online chat. They answer to your email, even on saturday/sunday night; it's just a matter of a couple of hours max.
Withdrawal goes smoothly and you get your money back in few days. Personally I made more than 10 withdrawal from Australia to Europe and got my money on my credit card in 3 working days. Withdrawal to bank account in EUR goes through the SEPA process without any banking commission/fee.
Deposit/withdrawal and inter-account transfers are easy and quick.
The only improve I feel necessary regards the test environment since FM has a very poor historical data (at tick level) which forces you to use other's brokers platform to perform your tests.
5 traders have found this review helpful
Lima, Peru,
Jun 30, 2023,
Registered user

Best broker hands down

Service use: Live Length of use: 0-3 Months
Been looking for a broker with fair spreads but never thought I’d find spreads like Fusion does. Customer service was top notch the other day, I had an issue with a crypto deposit and they helped me out right away. Lowest spreads I’ve seen on BTC so far. I’m glad I found them and hope to have them around for a long time.
2 traders have found this review helpful
Reply by Fusion Markets submitted Nov 24, 2023:
Hi Ruu85,

We really appreciate your review. Fusion Markets has always been a broker that delivers low-cost and competitive pricing across all of our products, including cryptocurrency and specifically Bitcoin. We've also recently improved our spreads (we publish our live and historical spreads on our website for all), and we kindly suggest you to re-review these.

It's also great to hear that your recent deposit issue has been resolved.

If you need anything else, feel free to reach out to our 24/7 live support team.
Kulai Johor Malaysia, Malaysia,
Dec 14, 2022,
Registered user

Fusion Markets gave me what i want

Service use: Live Length of use: over 1 Year
I am seaching my genuine ECN/STP forex broker for the pass 1year.So many reviews.
Then i find Fusion Markets who gave me what i want.
Funding Method : Withdraw my local bank direct( 3 days)
I hope traders out there can used this broker for best result.

Thank You

Fundermental traders for 12 years
1 trader has found this review helpful
Reply by Fusion Markets submitted Feb 15, 2023:
Hi Ganesan,

Thanks for taking the time to leave some feedback for the FPA community.

Fusion Markets is true to its word of being a strictly non-dealing desk broker and we're so pleased you're impressed with our trading conditions.

We've really made deposits and withdrawals easy and seamless for all our clients and we'll continue further down this path.

This being said, we are looking to be the best broker out there, let us know what more you think we could do to achieve that goal.

We appreciate you joining and look forward to working with you for many years to come.
Lisbon, Portugal,
May 21, 2022,
Registered user

One of the best Forex Brokers in the industry

Service use: Live Length of use: 0-3 Months
This is an update from my previous review where I gave them a 1 star. The company made many changes that I complained about which now has made the trading experience on their platforms much more fair and enjoyable.

Here are the changes I didn't like that they changed:
1) Demo and Live account mechanics were different. On demo accounts there were no slippage. It was instant execution. On Live accounts, there were slippages because when you used one-click, it would always ask for confirmation. This was every annoying and it limited traders to managing trades one at a time which was very inefficient. The real trading experience in Live account was different from demo account. This has been corrected. So now, both environment are the same. Most forex brokers scam users like this by the way, in Demo environment it is completely set up differently from the real Live accounts. I'm please that Fusion Market has made both environment the same so you are getting the real experience when practicing in demo.

2) They corrected the settings in MT5 that allowed invalid trades to be executed. Before if you made a Sell order, you can input any number, even if you put the TP above the purchased price, MT5 would accept the order. This type of order would result in you losing profits obviously. It has been corrected. Now, if you make typos and you put it TP that is not valid for a Sell Order, it doesn't get executed. This is very helpful and critical for the new traders so they don't lose money by making typos.

3) They looked into one of my trades where i complained about chart manipulation and it turned out that, it was the Sydney session which caused the massive price fluctuation. I didn't know it was the Sydney session at the time hence I didn't know that it would cause that. Now, it's be clarified. I trust trading on their platform now.

Overall, I prefer Fusion Markets over every other forex broker that I have been thoroughly researching and investing. I like that they respond to customers complaints (unlike IC Markets) and they take proactive measures to ensure customer satisfaction. This is very important for customer retention, trust and sustainability.

May 7, 2022 - 1 Star I was very happy and impress with this broker. Everything was great about it, the service, site, customer service and commissions. I did one trade with them and saw the manipulation on the feeds. I was profiting then all of a sudden my MT5 starts glitching, views changing, one of my trades was down - €500 even though it was suppose to be in the profit. It was the strangest thing I have ever seen. Needless to say, I didn't trust the company after it. I exit the trades with some profits and withdrew all my money and ran for the hills. LOL...

Reply by Fusion Markets submitted May 12, 2022 Hi AM,

Thanks for your feedback

We've provided you with one trade investigation that related to bid and ask pricing on a sell trade. Sell trades open at the bid and close at the ask, and MT4 pricing only creates candles based on bids. We went into great detail in our trade investigations for you to help explain this further but appreciate it can be confusing when you're starting out.

In relation to your - €500 trade, as you know, we have attempted to request further information for you via email. We are an honest and transparent broker and will do all we can to provide you with data so that you are confident in what took place on the platform. Our team member, Xavier, has asked for this. We eagerly await your reply to help us understand this.

Say what you will about MT4/MT5, but there is a reason it's the #1 platform for FX Trading of retail clients across the world. It's incredibly reliable and robust and is not prone to "glitching" or "views changing" out of the blue. Otherwise, all brokers here on FPA would receive similar reviews about the same platform.

We appreciate that you admire our service, and we're sorry to hear you feel we're manipulating trades. We are happy to work with you on any trade investigations you'd like us to look for at any time and believe in being as transparent as possible to help shine some light on any issues you've had with the platform.
2 traders have found this review helpful
Mario Dragota
Deva, Romania,
Jul 29, 2023,
Registered user

Absolutely amazing experience

Service use: Live Length of use: 0-3 Months
Fusion Markets has been the best broker for me as far as I know.
They have the lowest trading costs ,nice, fast and personalised support and a great range of products to trade.
In my case, I only trade AUD/USD, and their 0 spread on this pair is amazing, and even with high volatility with economic events, spreads rise only to 1.5 - 3 pips during short seconds and after that they stabilize again, so in this aspect they are very good for scalping traders. On the other hand, comissions are really low compared to other brokers.
Reply by Fusion Markets submitted Nov 24, 2023:
Hi Mario,

Amazing review!

Thanks for sharing your fantastic experience with our support team; we endeavor to deliver personalized solutions for our clients in a timely matter.

Our spreads and commission structures are quite hard to beat; this is because we want to ensure our traders have the best possible conditions to trade with, even when the market is experiencing significant volatility.

I look forward to seeing your trading journey with Fusion Markets, and I wish you the best.

Recent User Reviews of Fusion Markets

Asafe Miguel Camilo
São Paulo, Brazil,
Apr 8, 2024,
Registered user

Fusion is my number 1 broker

Service use: Live Length of use: over 1 Year
I consider myself a beginner in forex because it is not as profitable as I am on the Brazilian stock market. But I created my Fusion account in 2021 (when I started studying forex). During this time I have seen the evolution of Fusion Markets and the work of CEO Phill Horner.

Simply fantastic, not even in brokerages in Brazil do I have the service and attention that fusion gave me.

I highly recommend it to my trading friends who are looking for a reliable broker to trade with. There are many platform options (I like CTrader). All the problems I had were resolved and I was very well taken care of by Phil Honer and his team.

Just very annoying and demanding at times. But fusion markets have never disappointed me.

Jul 26, 2023 - 5 Stars It's been a pretty tough week, but Fusion has sorted it out.

They credited all the missing amount to my account.

Jul 25, 2023 - 1 Star After many exchanged emails and sleepless nights trying to respond to solve the problem, patience was gone and trust was worn out. I sent 201.20 euros (approximately 226.00 dollars) and only received 200.00 dollars.

I sent screenshots from the Fusion Markets website, I sent the transaction from my bank, and every day they ask for something else. I was even asked for the bank statement again and I already sent it. In the end, there was all this wear and tear for me, I only see that I was left with the loss, due to some mistake on their part. Always the same blablabla saying that these are fees that they have no control over.

Despite saying that it is an interbank rate, it cannot be, because I have already done several tests and even sent the prints with the comparisons showing that the transactions made in an account, if the base currency was in euros, the values ​​would be the same, just consider the exchange rate variation.

They are not scam. I requested my redemption and request by skrill and card and it is already in my account. Execution is fast and in fact it is the best trading cost in relation to commission and spread.

But unfortunately depositing is an immense difficulty and is very expensive, psychologically and financially. This is the second time this has happened, but this time it was more exhausting and I was left with the loss. The proposal was that I could trade at the brokerage for 2 weeks without charging transaction fees, as if I was an idiot for leaving my money in their care. It's a mistake I will never make again!

In the payment area there is no information on fees that may be charged, unlike what is said on the site, deposit by card does have a commission.

It would be my first option as I am looking for a new broker, now it is an option that I put along with the bad brokers.

Jul 18, 2023 - 1 Star I'm waiting for the broker's return, but I think it's important to update what happened so that whoever reads it understands what's going on.

I used "pix" deposit method and my account base currency is USD. Every time I went to finalize the transaction, the payment method changed to euros. I tried several times and he insisted on switching.
So I contacted support and was instructed to clear the browsing history and if the error persists I should try in another browser. I did as instructed, but nothing worked. I decided to open a new account with the base currency in euros and make the deposit in euros and then send it to my account in dollars.
I contacted support again to make sure what I wanted to do would work. I don't remember if the attendant changed, but I explained the situation and she said that the charge was in euros but would be compensated in dollars in my account. So I was calmer and made the transaction. The problem is that I was charged 201.20 euros, which would be approximately 226.25 dollars, but my account was credited with only 200 dollars. The attendant filled me with excuses saying that it was an intermediary bank fee and that they had no control over it.
The thing is: "Pix" is a direct transaction and in my country it's free. The only fees that can be charged in this case is the IOF plus commission of up to 3%, here in Brazil it is the law, banks cannot charge more than that. I asked Safetypay for the statement by email, but anyway, this morning I did a test.

As I now have a euro account, I issued a deposit per pix, but this time it would be in the same currency as the account. you guess?
It gave exactly the value of 200 euros plus IOF.

Intermediate bank rate??? Why would they charge on one transaction and not another?????

For me, the truth is that support did not know how to guide me, because the way I was going to do it would work. In my accounts there was an error in the automatic conversion of the brokerage, I still have to receive the return of the safetypay email, but according to the test I did, the charge for the pix method is correct, the pix is ​​free and the IOF is levied. Another important point is, the attendant could at least have contacted the finance department, she simply came to the conclusion that it was a fee from the intermediary bank and I should keep the loss, which caused me a huge inconvenience because I was disgusted and lost my sleep all night. I was the one who had to contact support today to ask finance to contact me.

Now that I'm calmer, I recognize that mistakes happen, but a little more goodwill from support to resolve the issue would avoid all this hassle. Waiting for the broker's solution.

I'm not too upset because I know Phill is a good man, and I'm not going to bother him with this by emailing him because I think we can work this out more easily.

Jul 18, 2023 - 1 Star Simply disappointed with Fusion Markets. My account had been negative for a trade I made during the news and the order simply did not take my stop and left me negative. I spent some time at another brokerage that I operate and in fact I was only going to pay the negative balance on the account and I would no longer operate through Fusion Makets, but as I had a lot of confidence in the brokerage and I think it was my mistake for having opened a heavier position that my capital could handle, I decided to send a small capital but that I could operate in a more conservative way. In short, I sent $200 per Pix, I was charged $201.20 euros. On conversion I paid $23 euros in deposit fees. In support me it was claimed that he has no control over these fees that may be charged. But if the broker does not notify me, how will I know that I am taking this risk? Guessing? If in the deposit area there was a written line that I could be taxed, I would do it by another method.

In fact, it is the smallest brokerage, but I went through this situation with them for the first time that I operated and I gave Phill Horner a point of confidence. But again the same thing? I repeat, if the brokerage firm does not know that this could happen, at least let the client know. The financial area is full of methods, but how can I trust which method is cheaper if the broker doesn't tell me?

Aug 5, 2021 - 5 Stars Best broker I've used in 3 years on the market, support is very attentive. Best operating cost. They solved my problem in a way I've never seen before. I'm honestly impressed!

Reply by Fusion Markets submitted Aug 18, 2021 Thanks Asafe, we really appreciate the kind feedback here!

Reply by Fusion Markets submitted Jul 26, 2023 Hi Asafe,

Thanks for leaving some feedback with the Forex Peace Army community.

We can certainly appreciate how stressful instances like this can be for our clients, particularly regarding payments and client funds. In this case, when a client funds an account with a different currency, a conversion fee is incurred, which is what took place in this scenario.

It goes without saying, a big virtue of our company is to maintain our transparency and ensure clients are confident with the actions that take place on their accounts, and we'll do our best to maintain this reputation.

I've spoken with our Funding Team, and we believe you have been contacted by one of our Trading Specialists to ensure this is investigated and resolved.

We have many clients who've had a 5-star experience with us and we're excited for you to be on them once this matter is resolved.
Sydney, Australia,
Apr 2, 2024,
Registered user

Consistent spreads, fast execution and reliable fill at price

Service use: Live Length of use: over 1 Year
I have been trading for over 5 years and have accounts with several brokers.

Fusion has probably the most consistent spreads, even during news events. Note that I said consistent and not the lowest. What I find is that some brokers may have slightly lower spreads but during volatile periods, spreads were outrageous, especially those trading with stop losses. Executions are pretty fast and slippage is only an issue during news periods which is normal.

Also, Fusion may have the lowest commissions that I have come across and support is fast.

I have had no issues with deposits and withdrawals.

Overall, happy with Fusion Markets.
Reply by Fusion Markets submitted Apr 4, 2024:
Thanks for your feedback! We're glad you've found our spreads consistent, even during news events. We're also pleased you've had positive experiences with our commissions, support, and transactions. We appreciate your support and are happy to have you trading with Fusion Markets!
Srilanka , Sri Lanka,
Mar 31, 2024,
Registered user

The broker who really puts the traders top priority

Service use: Live Length of use: 0-3 Months
A Good ,Excellent and revolutionary broker in trading space for the lower cost trading experience. Various types of deposit methods and easy and fast withdrawal methods are mind blowing . A better customer care,which helps you in all situation.Really A fantastic experience with fusion markets.Congratulations for there further journey in the trading industry.
Reply by Fusion Markets submitted Apr 1, 2024:
Thank you for your positive review! We're excited to offer a cutting-edge trading experience with cost-effective options, a wide range of deposit methods, and efficient withdrawals. We're thrilled to hear about your excellent experience with Fusion Markets. Thank you for your support!
Nagib Mahfuj Nayem
Dhaka, Bangladesh,
Mar 28, 2024,
Registered user

The lowest trading costs and best customer support

Service use: Live Length of use: 3-6 Months
I have been trading with Fusion Markets since November 2023. Yheir trade execution is really fast and smooth. The best thing for this broker is their 24/7 live chat. If I face any just knock in live chat and they always reply me less than 1 minute.  As a 10 years experienced forex trader I have traded with lots of brokers but Fusion Markets is really top one.
Reply by Fusion Markets submitted Apr 1, 2024:
Thank you for sharing your experience! We're thrilled to hear that you've found our trade execution fast and smooth and that our 24/7 live chat support has been helpful to you. We strive to provide the best service possible, and we're honoured to be your top choice among brokers. If you ever need assistance, don't hesitate to reach out.
Qatar, Qatar,
Mar 22, 2024,
Registered user

Lowest commotions

Service use: Live Length of use: 3-6 Months
I have registered with this company and found it to have very appealing features so far: lower spread prices, minimal commission fees, fast customer service, and quick withdrawal process. Thank you, and I hope you continue to be the best company. Thank you.
Reply by Fusion Markets submitted Mar 27, 2024:
Thanks for the glowing review!

We've realised that execution speed is super important to many of our traders, particularly those scalping the markets. Our Zero Account is excellent for those who want fast execution speed and low commissions and spreads, a great solution to most of our client's trading strategies.

Between our Trading Specialists, Account Managers and Help Team, we're pretty pleased with our customer support team and very glad our clients are too.

We are looking to be the best broker out there; feel free to send us an email and let us know what more we can do,

We look forward to working with you for many years and having you on board as a trader at Fusion Markets.

Frequently Asked Questions

Is Fusion Markets a good broker?

Unbiased traders reviews on ForexPeaceArmy is the best way to answer if FusionMarkets is a good broker: https://www.forexpeacearmy.com/forex-reviews/16886/fusion-markets-review

Please come back often as broker services are very dynamic and can improve or deteriorate rapidly.

Additionally, we'd recommend to check recent Fusion Markets community discussions: https://www.forexpeacearmy.com/community/tags/fusionmarkets/

Is Fusion Markets regulated?

Fusion Markets is regulated by:
  1. Australian Securities and Investments Commission (ASIC) under Australian Financial Services License No. 385620
  2. Vanuatu Financial Sevices Commission under license VFSC #40256
  3. Financial Services Authority of Seychelles under FSA-S #SD096

What is the minimum deposit for Fusion Markets?

Fusion Market doesn't require a minimum deposit to open an account with them.

It is recommended to start with what you feel comfortable and affordable.

What are the minimum and maximum leverage for Fusion Markets?

The leverages from Fusion Markets vary depending on the asset type.
  • For Forex & Metals: 20:1 to 500:1.
  • For CFDs: the maximum is 100:1.
  • For Cryptocurrencies: the maximum is 5:1.

How long does it take to deposit to Fusion Markets?

For a deposit to arrive in your Fusion Broker account, the amount of time it takes depends on the payment methods you choose.
  • Visa or Mastercard within Australia: Should be credited to your account instantly.
  • A bank wire internationally to Australia, the average is 2-3 business days.
  • However, depending on which country you are depositing from, the process of an international bank wire can typically take up to 5 business days.