Fusion Markets Review

Written by Richard Perry

Richard Perry

Richard Perry is a recognised expert in technical analysis and market strategy, with significant experience in currency and equity markets. He has set up his own shingle called Perry Market Analysis, providing consultancy analysis of major markets, including research via webinars, videos and written analysis.

, | Updated: June 24, 2025

If you are a retail trader looking for a low-cost broker with an excellent selection of forex pairs, then Fusion Markets is certainly worth taking a look at. In this broker review, we discuss all the crucial factors you need to consider to decide whether you should trade with Fusion Markets. This ASIC-licensed broker receives predominantly positive reviews on the Trustpilot platform, achieving an aggregate rating of 4.7 stars. Five-star reviews account for 83% of all consumer reviews of Fusion Markets compared to 4% for 1-star scores.

Key Pros and Cons

If you are looking for a quick snapshot of Fusion Markets, here are a few key pros and cons of trading with this broker.

Company Information

Fusion Markets is an Australian forex broker that was founded in 2017 when it was granted its first licence in Australia. The company started trading for customers in June 2019, with its origins linked to a team of experienced professionals with over five decades of combined experience. Fusion Markets is the trading name of Gleneagle Asset Management, founded in 2010.

The CEO of Fusion Markets, Phil Horner, started the company to provide clients with:

• A lower-cost structure for trading
• Friendly customer service
• Cutting-edge technology to improve their trading experience

The company has its headquarters based in Melbourne, Australia. It has a postal address in Vanuatu and is also looking to expand by opening more offices around the world.

Fusion Markets may be a young company having only had a trading licence for several years, but with a commitment to low trading costs, it is already making a huge headway in a crowded market.

Why Trade with Fusion Markets?

Here is a quick list of the important features that we like about Fusion Markets.

Regulation

The general rule with regulation is that the more licences a broker holds, the better. Fusion Markets is currently regulated in three jurisdictions.

A license from the Australian Securities and Investments Commission (ASIC) is a serious advantage as ASIC is considered a top-level regulator. This means that Fusion Markets must uphold the highest regulatory standards to maintain this tier-1 licence. In turn, this gives traders an added level of confidence and peace of mind.

Its second regulatory licence was issued by the Vanuatu Financial Services Commission (VFSC). Although the VFSC is not considered a top-tier regulator, its license is also important as it enables non-Australian clients of Fusion Markets to access much higher leverage.

The broker also holds a license from the Financial Services Authority of the Seychelles, the FSA.

Here is a breakdown of the regulators that oversee Fusion Markets:

It is certainly worth noting that Fusion Markets is a relatively new company and therefore, has a limited regulatory track record. However, it has managed to attract many traders due to its commitment to transparency, competitive trading conditions, and regulatory compliance.

Some clients are prohibited from trading with Fusion Markets. Traders from the United States, New Zealand, Spain, Ontario, Russia, and Japan cannot register live accounts with this broker. Furthermore, not having a licence from other jurisdictions, such as the FCA in the UK or CySEC in the EU, means that there is no investor protection in the event of the broker going bust. The FSA and VFSC-licensed divisions of Fusion Markets also do not provide negative balance protection to international customers.

It will be interesting to see how Fusion Markets continues to grow in the coming years, as obtaining additional regulatory licenses could help attract more clients and provide greater consumer protection.

KYC Procedure for Account Creation and Depositing

You can create your Fusion Markets account and log into the client portal in about a minute. Just add your email contact details and choose a password.

Once inside the client portal, you can begin to use services like Trade Ideas and News.

However, this is only a temporary account. To start trading, you will need to provide additional profile details. The process took us around 10 minutes and here are the steps we took to complete the registration:

1. Select Your Login Credentials: enter a valid email address and choose a solid password.
2. Personal Information: provide your name, date of birth, and current residential address.
3. Choose Your Account Settings: select your account type (either Classic or ZERO), trading platform (MT4, MT5, TradingView, or cTrader) and the base account currency. You also get to choose a security question.
4. Verify Your Identity: you must upload a copy of your passport, driver’s licence, or ID card. You also need to provide proof of residence (utility bill or bank/credit card statement).

There is no need to initiate a deposit to start trading with a demo account. However, once you are verified, if you want to trade with real money, you must deposit with one of the numerous payment methods available, including credit/debit cards, e-wallets, bank transfers, and cryptocurrencies.

The sign-up process is very streamlined and time-efficient.

No Suitability Test to Pass

It is also worth noting that there is no suitability test to pass. This means there are no immediate questions regarding your sources of income, the level of your trading experience or a need to demonstrate an understanding of using leverage.

This simplifies the sign-up process, although it remains unclear whether this is ultimately a positive.

Most other brokers will ask additional questions to assess the expertise and experience level of onboarding retail customers. This is an interesting omission in the due diligence process of Fusion Markets. We signed up from outside Australia and were automatically placed under the Vanuatu jurisdiction umbrella. This gives you potential exposure to leverage of up to 1:500 for currency pairs and metals. Outside Australia, there is no negative balance protection for traders.

Account Types

The ambition to keep clients’ trading costs low to the bear minimum is a key feature of trading with Fusion Markets. It has two main account types:

• The Classic account where trading fees are baked into the spread.
• The ZERO account where spreads are much tighter but commissions are charged on each trade.

Let’s now have a look at each of these accounts.

Here are a few other account aspects that you may be interested in:

Fusion Markets Pro

This is the premium account at Fusion, available to customers registered under the Australian division. The account comes with the same low trading costs but with higher leverage and other added extras. Here is what you get:

• Leverage of up to 1:500 on forex, gold, and other metals
• Priority customer support
• A dedicated account manager
• Volume and referral-based rebates

However, there is a downside too, as you lose the right to negative balance protection retail clients enjoy. To open a professional trading account at Fusion Markets, you also must meet specific criteria. Under the Wealth Test, you must have at least AU$2.5 million in net assets, or an annual gross income of AU$250,000 for the past two years. Both require a verification from a qualified accountant within six months.

Alternatively, the Sophisticated Investor Test requires either passing a knowledge quiz and demonstrating significant trading activity (20 trades per quarter with a notional volume of AU$1 million for four quarters in two years), or having a professional experience of at least one year in the financial sector.

Multi Account Manager (MAM/PAMM)

Professional traders can manage money for other Fusion Markets clients via the broker’s MAM and PAMM solutions. Managers have the flexibility to trade across unlimited accounts in standard, mini, and micro lots. Various methods of fund allocation are available, including allocation based on lots, equity, and percentages. There are no restrictions on trading strategies and you can freely use trading robots on your clients’ behalf. The broker adds 0.1 pip to all products traded via MAM accounts to cover its execution costs.

Mini and Micro Trading Available

It is also worth noting that you can trade in mini and micro lots at Fusion Markets. A standard lot gives you exposure to 100,000 units of the base currency, equating to a price change of $10 per pip. For smaller trades, a mini lot provides exposure to 10,000 units ($1 per pip), while a micro lot is equal to 1,000 units ($0.10 per pip).

Demo Account

Demo accounts are available to try out Fusion Markets with virtual funds. New demo accounts expire after 30 days, however, the demo account size can be set to unlimited upon request once an account has been funded. This leaves you free to try out multiple trading strategies without time restrictions. As always, the demo account is intended as a stepping stone to live trading.

Account Features Missing at Fusion Markets

During our review of Fusion Markets, we noticed that certain account functionalities are unavailable. Here is a list of a few features that Fusion Markets lacks but are offered by some other brokers. These may be part of your decision making in choosing a broker.

• Guaranteed Stop Loss Orders (GSLOs): Some brokers will offer GSLOs to traders (for an additional fee per trade). Fusion Markets does not offer this service.

Trading Fees and Other Costs

One of the most important factors when choosing a broker is the fees you will incur. Lower fees generally are better, and Fusion Markets excels in this regard. When trading with a broker, you will typically encounter two main types of fees:

• Trading Fees: spreads, commissions, and overnight financing charges
• Non-Trading Costs: account fees, currency conversion and inactivity fees

Let’s break these down to see how Fusion Markets fares.

Spreads

Fusion Markets runs two different pricing models for its accounts:

• Classic Account: all charges are built into the spreads.
• ZERO Account: offers spreads as low as zero pips but charges a small commission.

The two accounts use the same spreads derived through ECN order execution, but the Classic account adds a markup of 0.9 pips to cover trading costs.

The website advertises the following average spreads for major forex pairs:

*added to the average spread to cover the costs of trading

** A round-trip commission of $4.50 per standard lot is also charged.

So let us compare the trading costs for the two accounts. According to Fusion Markets, most traders tend to start with a Classic account, but the ZERO account is the more popular option. When you compare the costs, you can see why traders decide to migrate to commission-based accounts. For the sake of comparison, the example below assumes you open and close your position at the same price.

Here are the trading costs associated with the two accounts for one standard lot in EUR/USD where a price change of 1 pip equals $10, based on the average spreads.

Classic Account

• Spread – 0.95 pips (0.05 pips + a 0.9-pip markup)
• TOTAL COST – 0.95 x $10 = $9.50 for one side and $19 per round-trip

ZERO Account

• Spread – 0.05 pips
• Spread cost – 0.05 x $10 = $0.50
• Commission – $4.50 per round-trip
• TOTAL COST – ($0.50 x 2) + $4.50 = $5.50 per round-trip

For the Classic account, a fixed 0.9-pip markup is added to the ECN spreads for the ZERO account. Let’s compare the average spreads for the Classic account at Fusion Markets to those offered by other major brokers for major currency pairs.

The table shows that the spreads on the Classic account at Fusion Markets are extremely tight when compared to those of its competitors. The broker offers the lowest spreads for the seven major forex pairs, the only exception being the spread for EUR/USD at AvaTrade, which is slightly narrower.

Commissions

On its ZERO account, Fusion Markets charges a roundturn commission of $4.50 per standard lot ($2.25 per side).

This means that:

• for one standard lot (100,000 units), you will pay a $4.50 commission to open and close the position.
• for one mini lot (10,000 units), you will pay $0.45 to open and close the position.
• for one micro lot (1,000 units), you will pay $0.045 to open and close the position.

A roundturn commission of $4.50 per standard lot is extremely affordable. For an equivalent trade on a zero-spread account with XM, traders pay $3.50 each way, or $7 in total. At HF Markets, the equivalent trade on a zero-spread account incurs a $6 roundturn commission. Even considering the average spread for EUR/USD (0.05 pips), the total trade cost at Fusion Markets is much lower.

Overall, we believe that the commissions charged by Fusion Markets are extremely low.

Financing Charges

If you hold a leveraged position open overnight, you will be charged an overnight financing charge, or swaps fee. This charge accounts for the interest rate differential between the two currencies in a pair. You can either gain or lose from swaps fees.

Fusion Markets does not set this charge, as it is calculated by its prime broker and liquidity partners. Some brokers might add their own markup on top of the financing charge but to its credit, Fusion Markets do not.

Calculations for swaps are derived from “tom-next rates”.

Deposit Fees

Fusion Markets has zero deposit fees, which is fairly standard in this industry. For more details see Deposit Methods

Withdrawal Fees

Fusion Markets also has zero withdrawal fees across all supported payment methods. This is a definite positive as many brokers charge either for bank transfers or for requesting a second withdrawal within the same month. Fusion Markets does note that they are not in control of any fees that international banks may charge for wire transfers though. For more details see Withdrawal Methods

Inactivity Fees

There are no inactivity charges at Fusion Markets, which is rare among online brokers. Most will charge some sort of inactivity fee (and some also add an administration charge, too) after three to twelve months. Fusion Markets earns the top mark in this area.

Overall on Fees

Fusion Markets scores excellently across the board on fees. Spreads are tight, commissions are low, and there are no hidden extras on overnight financing charges or non-trading fees.

The broker earns a top mark from us where costs are concerned as overall, it is one of the best brokers you can find when it comes to fees.

Desktop Trading Platforms

The main trading platforms that Fusion Markets offers to its clients are MetaTrader 4 (MT4) and MetaTrader 5 (MT5). You will find most of the big brokers seek to set themselves apart from the crowd by offering a proprietary trading platform but this is not the case with Fusion Markets.

Here are the available platforms:

• MetaTrader 4: MT4 is still considered the benchmark platform for retail traders.
• MetaTrader 5: MT5 is the upgraded version of MT4.
• WebTrader for MT4 and MT5: No need to download MT4/MT5 to your desktop computer as you conveniently can use the browser-based versions. You can access you account on any device as long as you have internet connection.
• TradingView: Renowned for its superior charting and social trading capabilities.
• cTrader: Suitable for advanced market analysis on desktop and mobile devices.

Few brokers can boast of offering as many third-party desktop platforms as Fusion Markets does.

Third-Party Trading Platforms

Any trader that has shopped around must have come across MT4 and is likely familiar with its design and functionalities. It is considered an industry benchmark for forex trading and also has an upgraded version, MT5. Brokers will look to get traders on to MT5 as it has better functionality and more tradable instruments, including stocks.

MetaTrader 4 (MT4) is available in over 40 languages and is good for charting and technical analysis. The platform also runs seamlessly across mobile devices, offering roughly the same functionalities as the desktop version. MT4 also supports fully automated trading via Expert Advisors (EAs).

MetaTrader 5 (MT5) is MetaQuotes’ upgraded version of MT4, providing a wider selection of asset classes, including physical stocks and other exchange-traded instruments. Other improvements include:

• More order types (6 on MT5 versus 4 on MT4)
• A larger number of timeframes (21 to choose from on MT5, and 9 on MT4)
• 38 technical indicators (30 on MT4)
• 44 graphical and annotation objects (versus 31 on MT4)

TradingView is a popular web-based charting platform and social network for traders and investors. It offers extensive tools for technical and fundamental analysis across various markets, including stocks, forex, and cryptocurrencies. Users have access to advanced charts, hundreds of indicators, and drawing tools, while also being able to share ideas and learn from a global community of traders.

Launched in 2011, cTrader is a sophisticated, multi-asset trading platform designed for ECN brokers and renowned for its modern interface and advanced features. It offers superior charting tools, Level II pricing for greater market depth, and fast order execution. The platform supports manual and algorithmic trading via cBots, created in the C# language, and enables advanced order management.

Copy Trading with Fusion Markets

Fusion Markets also offers several copy trading services.

• Myfxbook AutoTrade is a dynamic social trading platform that empowers users to effortlessly follow and copy trades from a global community of traders.
• DupliTrade allows customers to duplicate the actions of other traders into their Fusion Markets MT4 accounts.
• Fusion+ is the proprietary copy trading software of the broker, enabling customers to earn passively by becoming copiers or signal providers. Clients with a combined monthly trading volume of 2.5 lots in currency pairs and metals can use the platform free of charge.

Mobile Trading Platforms

The MT4 and MT5 platforms are also accessible across mobile devices, and both are compatible with iOS and Android.

MT4 & MT5 Trading Apps

The mobile versions of MT4 and MT5 replicate the features of their desktop versions, allowing for excellent interaction between devices.

MT4’s 3 chart types and 30 technical indicators are fully supported, and it also features push notifications for trading alerts.

cTrader Mobile Trading App

Alternatively, mobile users can connect their Fusion Markets accounts to cTrader, a robust mobile-friendly platform compatible with portable devices running on Android 5.0 and iOS 12.0 or later. The platform’s native applications pack a powerful punch with useful features like real-time price alerts, symbol watchlists, and a market sentiment indicator.

Mobile traders keen on technical analysis will benefit from 65 commonly used technical indicators, 4 chart types, and 16 charting tools. The app can accommodate Fusion Markets customers from many different countries as it comes with over 20 language options.

Trading Instruments

After assessing the selection of trading instruments, it becomes clear that Fusion is predominantly a forex broker. Its range of currency pairs is among the best you will come across, although Fusion is slightly lacking in terms of other asset classes. To its credit though, it seems to be looking to branch out and improve its instrument offering.

There are around 250 markets to choose from, most of which are currency pairs and stocks. There is also a somewhat limited range of indices, commodities, and cryptocurrencies (Bitcoin, Ethereum, Dash, Ripple, and Litecoin). There are no sophisticated asset classes available to be traded, such as ETFs, options, or bonds.

Forex

Fusion Markets has over 90 forex pairs to trade, which is an excellent selection compared to most other brokers that offer between 50 and 60 pairs.

We would put Fusion Markets right up there among leading brokers such as Forex.com in terms of forex market diversity. It has an excellent variety of majors, minors, and exotics.

Indices

Beyond forex, the product range begins to look a little thin. There are only about 15 indices available to trade, which is rather limited. The index category includes major indices like S&P500, FTSE100, DAX40, Nikkei225, and ASX200, among others.

Other brokers you will come across tend to offer more. A wider selection of US, European and Asian markets is often available, while some brokers will also offer synthetic basket indices. In our observation, the average number of index markets at rival brokers ranges between 15 and 20.

Stock CFDs

With Fusion Markets, you can speculate on the stock prices of some of the largest US companies through contracts for difference (CFDs) without owning any underlying shares. There are more than 100 stocks to choose from, tradable via the MT5 platform.

We think this is an average number of stocks and a little disappointing considering they have decided to have stock CFDs on offer. Furthermore, there are no European, Australian, or Asian companies on the list. Unless Fusion Markets plans to expand its stock CFD offering, the current selection is quite limited and in serious need of improvement. Fusion Markets is lacking the research tools and trading physical stocks is not an option for the time being.

Commodities

We have mixed news regarding commodities. The available financial markets include over 90 forex pairs, popular cryptocurrencies, stocks, indices, precious metals, energies, and soft commodities. There are four different precious metals (gold, silver, platinum, and palladium). Gold and silver can be traded against the euro, US dollar, and Australian dollar. Additionally, there are five base metals on offer. You can also trade energy products, including oil (both Brent Crude and WTI) and natural gas. For portfolio diversification, the broker also offers soft commodities like coffee, wheat, cocoa, and sugar. Other brokers often have a similar selection, adding currency trades for precious metals and a wide selection of soft commodities.

Cryptocurrencies

There is a selection of 13 cryptocurrencies you can trade via CFDs on margin without purchasing the underlying digital assets. The crypto symbols include Bitcoin, Ethereum, Dash, Ripple and other popular virtual assets. Although the availability of over 10 crypto coins is a positive, the selection is limited compared to the broader range often found at specialized crypto brokers.

What You Cannot Trade

On the whole, we would say this is a limited selection of instruments as Fusion Markets currently does not quote prices for:

1. No ETFs, which is disappointing as most brokers will at least offer some ETFs through the MT5 platform.
2. No bonds, which are commonly offered by larger brokers with proprietary platforms.
3. No futures and options, sophisticated products preferred by professional and experienced traders.

Trade Execution

Fusion Markets is a no dealing desk (NDD) broker. It prices up markets and executes orders via an Electronic Communication Network (ECN), although the broker does not refer to it as such. This not only helps improve client trust but ensures lightning-fast execution speeds.

1. ECN execution improves client trust: Dealing desk brokers can either take on the risk of their clients’ trades or pass it onto their liquidity partners. Effectively, this means that a dealing desk broker can be taking the other side of a client’s position, an arrangement that could prove problematic for some traders. Fusion Markets does not do this. Instead, it uses the ECN model, which fosters a higher level of trust some traders seek.
2. Faster order execution: As an ECN broker, Fusion Markets can provide extremely fast execution by leveraging Virtual Private Server (VPS) hosting services. Traders can access this either through the sponsored MetaQuotes MT5 VPS or via third-party providers such as New York City Servers and FXVM.
3. Market execution: Fusion Markets executes its clients’ trades using market execution, which means orders are filled at the next available price without requotes. While the maximum size per trade is 100 lots, it is recommended to trade less than 50 lots to minimize unnecessary slippage.

Deposits

As a broker with a global reach, Fusion Markets has no minimum deposit requirements and offers a reasonable selection of 14 different base currencies:

• Australian dollar (AUD)
• Canadian dollar (CAD)
• Euro (EUR)
• British pound (GBP)
• Japanese yen (JPY)
• Singapore dollar (SGD)
• Thai baht (THB)
• Norwegian krone (NOK)
• Swedish krona (SEK)
• Czech krona (CZK)
• Hungarian forint (HUF)
• Swiss franc (CHF)
• Danish krone (DKK)
• US dollar(USD)

Fusion Markets does not charge any fees for depositing money via debit/credit cards and bank wire transfers within Australia. While it also does not charge for international transfers, it warns traders may incur fees of $20 to $30 charged by their banks.

Deposit Methods

There is a wide selection of deposit methods available, including:

• Debit/Credit Card – Visa/Mastercard
• Bank Wire Transfers
• e-Wallets like Skrill, Neteller, Fasapay, Jeton Wallet, Perfect Money, MiFinity, Sticpay, PayPal
• Interac
• PayID
• Pix
• Cryptocurrencies via BinancePay
• DragonPay
• ZotaPay
• DuitNow
• DurianPay
• XPay

Some of these methods are available only to customers from specific regions. Funds will clear into your account instantly via Visa or Mastercard. However, international bank transfers typically take up to 5 business days to process.

There are no deposit bonuses available at Fusion Markets.

Withdrawal Methods

Getting money out of your trading account can be a hassle with some brokers. With Fusion Markets, we like the fact that there are no restrictions on withdrawals, which can be done at any time.

As is standard practice due to anti-money laundering regulations, withdrawals will first be processed back to your original depositing method.

Fusion Markets also supports other withdrawal methods, such as Interac, PayPal, Jeton, DragonPay, MiFinity, and cryptocurrencies. These may vary by region.

Withdrawals are processed within one business day (and same day if before 11 am AEDT). This is a prompt service that reflects the strong customer support at Fusion Markets. The funds will then appear within 1 to 5 business days for debit/credit cards and 3 to 5 business days for wire transfers.

We also liked the fact that Fusion Markets does not charge fees for withdrawing funds. It is fairly common to find brokers charging for multiple withdrawals within the same month, in addition to a fee for outgoing wire transfers. However, while Fusion Markets does not charge fees (and internal transfers within Australia are also free), some international banks may still charge between $15 to $25 for bank transfers. For this reason,the minimum withdrawable amount with bank transfers is set at $35. Credit cards, Skrill, and Neteller are also free of extra charges.

Customer Support Contacts

Strong customer service is one of the fundamental tenets of what Fusion Markets is looking to achieve. The website states that Fusion Markets aims to change traders’ expectations, striving to offer “friendly support” suitable for any experience level.

A core value at Fusion Markets is to “Smile” and maintain a lighthearted approach. This ethos extends to their “White Glove Support,” where live account holders receive assistance from their own trading specialist to navigate the platform. This is a great service that beginners would certainly benefit from. Fusion Markets Pro clients also have a dedicated account manager.

Customer support is available through several channels.

1. FAQs: As is often the case, the website contains an extensive list of Frequently Asked Questions. The queries covered include account opening, deposits/withdrawals, trading, supported platforms, general information, and Fusion+ copy trading.
2. Fusion Markets Live Chat: No matter where you are on the website, clicking on the purple icon in the bottom right corner will open the Live Chat box. This is the quickest way to resolve your issues and receive assistance as chat agents typically respond within seconds.
3. Telephone: If you prefer to speak to someone over the telephone, you can call them on +61 3 8376 2706.
4. Email: You can also contact the support staff via email at help@fusionmarkets.com or use the contact form available on the website. Just enter your details and they will email you back.

Research and Educational Materials

With Fusion Markets, the content that traders have to generate ideas and improve their knowledge is a mixed offering. On the research side, there is a wide selection of useful content to wade through after logging into the client portal. However, when it comes to education, there is still room for improvement.

Let’s have a look at what the broker currently offers.

Research

Logging into the client portal, you will find an array of third-party content to help customers with their trading decisions. Much of the content is very useful. Here is what is available:

• Analyst Views: A white labeled (third-party) system of generating trade set-ups for forex, commodities, indices, and stocks. It gives you insights into market direction and scenarios and support and resistance levels, while also being available as a custom indicator for the MT4/MT5 platforms.
• Technical Insight: Another third-party content system (via Trading Central) that provides market outlooks and helps explain technical setups.
• News: The Market Buzz service is an AI tool that helps with sifting through content across the web on certain markets and generates a sentiment gauge. You can also filter the content by news providers or bloggers.
• Economic Calendar: This one tracks scheduled fundamental economic data events, with an added feature that lets you gauge the historical volatility of this data on specific markets.

It is, however, worth noting that Fusion Markets relies on third-party providers for its research content. There are no views or market strategy pieces written by any in-house analysts. This is aspect Fusion Markets could improve in.

Education

With no apparent in-house analyst team, there is also no educational content for traders aside from a limited blog section. Brokers often will buy third-party content, either in the form of video or articles, to cover basic trading education. This is not present at Fusion Markets but is perhaps something they will add as they grow.

For now though, this means that there are:

• No eBooks/educational materials: no written content or articles for traders to learn from.
• No video content: video content can help explain the concepts of trading and financial markets.
• No free webinars: a useful feature many novices would appreciate.
• No in-person seminars: another way of demonstrating a broker is looking to help traders improve their knowledge.

Therefore, we believe that the lack of educational content is disappointing. This is not ideal for beginner traders just starting on their journey and wanting to learn.

Security and Money Guarantees

At BestBrokers.com, we believe that one of the most important factors in choosing a broker should be the protection of client funds. We are confident that Fusion Markets is not a scam and your money is safe with this broker. Here is why:

• Top-level ASIC regulation
• Full segregation of client funds
• Negative balance protection for clients under the ASIC entity

Let’s look at these in more detail.

The ASIC regulation is a key feature of trading with Fusion Markets. ASIC is a top-tier regulator which means that Fusion Markets must operate in a responsible, ethical, and compliant manner.

Fusion Markets is required by law to keep client funds fully segregated from the company’s operational capital. Funds are not technically guaranteed under Australian Law but under ASIC regulations, they have to be fully segregated and therefore, are effectively protected. Client money is deposited into segregated accounts at National Australia Bank (NAB), which ranks among the top 50 banks in the world.

Clients trading under the ASIC entity are also eligible for negative balance protection. This means that clients cannot lose more money than what they have deposited. This is great protection and gives reassurance, especially for beginner traders.

However, professional clients and customers trading under the Vanuatu entity are excluded from negative balance protection. Some brokers like XM extend this safety net to clients across all divisions.

Conclusion

At BestBrokers.com, we believe that while Fusion Markets may be relatively new, it should not be quickly dismissed. We found much to admire, including:

• ECN order execution
• Competitively low trading costs
• An excellent selection of 90+ forex pairs
• No inactivity, deposit, and withdrawal fees

So if you are a forex trader looking for low costs, then Fusion Markets is an excellent choice of a broker. Given its stated expansion plans, we see strong potential for Fusion Markets to enhance its offerings in other areas.

However, the sparse educational content is insufficient and this is not useful for novice traders. That said, there is a platform specialist available for MT4/MT5 related issues.

Written by R. Perry