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High Risk Warning: Trading forex carries a high level of risk.

HomeForexBrokers
Fusion Markets logo

Fusion Markets Forex Broker Review

One of the lowest-cost ECN brokers globally at $4.50/lot, no minimum deposit, and three platform options - strong value for cost-conscious traders.

4.2/ 5
4.2/ 5
Our scoreSee breakdown ↓
Visit Broker2 active bonuses
Also reviewed as:
Crypto Broker

How Fusion Markets ranks

Trust & Regulation
#33of 55
Fees & Spreads
#8of 55
Platforms & Tools
#42of 55
Customer Support
#48of 55
Min Deposit
No minimum
Spreads From
0 pips
Max Leverage
500:1
Founded
2017
HQ
Melbourne, Australia
Last Reviewed
May 3, 2026

Fusion Markets Pros

  • Among the lowest ECN commissions globally at $4.50/lot round-turn
  • No minimum deposit and no inactivity fee
  • Supports MT4, MT5, and cTrader
  • ASIC regulated with strong Australian broker infrastructure
  • Client funds held in segregated accounts
  • Negative balance protection
  • Raw spread account available
  • No deposit fees
  • MetaTrader 4 and MetaTrader 5 supported
  • Mobile trading app available
  • Transparent pricing with clear cost disclosure

Fusion Markets Cons

  • Smaller, newer broker (est. 2017) with limited global brand recognition
  • Limited research and educational content
  • VFSC license used for non-AU clients offers fewer protections
  • No investor compensation scheme
  • No proprietary platform
  • Limited charting capabilities
  • No 24/5 live chat
  • No phone support
  • Support available in limited languages

Fusion Markets Forex Broker Review

The cheapest ECN commission we've tested

Fusion Markets' ZERO account charges USD 4.50 per lot round-turn - USD 2.25 each way. On EUR/USD, the all-in cost is approximately 0.05–0.15 pips, depending on the liquidity pool spread at the time of execution. That is materially cheaper than IC Markets (USD 6), FP Markets (USD 6), or Pepperstone (USD 7). For a scalper doing 100+ lots per month, that difference becomes significant in annual terms.

ASIC-regulation (385620) and the Melbourne-based team add a layer of credibility to what is otherwise a no-frills proposition. Fusion Markets was founded in 2017, making it one of the newer ASIC-regulated options in the field.

What you don't get

Fusion Markets is explicit about what it doesn't offer: no bonuses, no promotions, no market research, and limited educational content. The platform infrastructure is MT4, MT5, and cTrader - unmodified and straightforward. If you want analysis tools, Trading Central integration, or a robust support team for new traders, Fusion Markets is not the right choice.

Classic account option

For traders who prefer spread-only pricing, the Classic account charges zero commission with spreads from 0.9 pips on EUR/USD. The ZERO account is economically superior for anyone trading more than a few lots per week.

Regulation

ASIC (385620) and VFSC (Vanuatu). ASIC covers Australian-resident clients with Tier 1 protection; the VFSC entity serves international clients with lower investor protection standards.

Bottom line

Fusion Markets is the right choice for a single, narrow use case: cost-conscious active traders who want the lowest possible ECN commission under ASIC regulation and are comfortable operating without research, education, or premium support infrastructure.

Fusion Markets Score Breakdown

4.2/ 5
How we rate →
3/440% of total scoreat average#33 of 55
4.2/ 5
  • Top-tier regulator (FCA, ASIC, CFTC, etc.)
  • Segregated client funds
  • Negative balance protection
  • Compensation scheme (e.g. FSCS)
4/430% of total score+0.3 above average#8 of 55
4.5/ 5
  • Raw/ECN spreads available
  • No deposit fee
  • No inactivity fee
  • Transparent pricing page
2/420% of total score−0.3 below average#42 of 55
3.9/ 5
  • MT4/MT5 available
  • Proprietary platform
  • Mobile app
  • Advanced charting tools
0/310% of total score−0.3 below average#48 of 55
3.8/ 5
  • 24/5 live chat
  • Phone support
  • Multilingual support

Last reviewed: May 3, 2026

Fusion Markets Active Forex Bonuses

2
Referral
$50 per successful referral

Fusion Markets Refer a Friend

Earn $50 cash for every friend you refer to Fusion Markets who opens and funds a live account.

Min. deposit: $0
Claim BonusView Details
Volume Rebate
Per-lot cashback rebate on ZERO account trades

Fusion Markets Fusion Rewards - Cashback per Lot

Fusion Markets' Fusion Rewards program returns a portion of your trading costs as cashback on every lot traded, credited to your account.

Min. deposit: $0
Claim BonusView Details

Researching your options? Browse our full list of the best forex brokers to compare scores, spreads, and regulation side by side.

Fusion Markets Regulatory Licences

Verified regulation is a key factor in identifying a reliable choice for forex traders.

ASIC#385620
Verify on register
VFSC

Fusion Markets Forex Trading Platforms

Compare the leading forex trading platforms supported by Fusion Markets.

MetaTrader 4
MetaTrader 5
cTrader

Fusion Markets Markets & Instruments

Forex
Indices
Commodities
Crypto

Countries Where Fusion Markets Is Available

Brazil Brazil
Egypt Egypt
Ghana Ghana
Nigeria Nigeria
Australia Australia
Singapore Singapore
South Africa South Africa
United Arab Emirates United Arab Emirates
Bangladesh Bangladesh
Hong Kong Hong Kong
Indonesia Indonesia
Malaysia Malaysia
New Zealand New Zealand
Ivory Coast Ivory Coast
India India
Kenya Kenya
Qatar Qatar
Morocco Morocco
Philippines Philippines
Pakistan Pakistan
Mexico Mexico
Saudi Arabia Saudi Arabia
Thailand Thailand
Turkey Turkey
Tanzania Tanzania
Ukraine Ukraine
Vietnam Vietnam

Trade these markets with Fusion Markets

Explore live forex pair charts and analysis available through Fusion Markets.

EUR/USDGBP/USDUSD/JPYAUD/USDUSD/CADUSD/CHFNZD/USDEUR/GBPEUR/JPYGBP/JPY
Fusion Markets logo

Ready to trade with Fusion Markets?

Open your account and start trading today.

Visit Fusion Markets

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Frequently Asked Questions About Fusion Markets Forex Trading

Fusion Markets is regulated by top-tier authorities including ASIC, VFSC. Client funds are held in segregated accounts at tier-1 banks, separate from company funds. Negative balance protection ensures clients cannot lose more than their deposited capital. Always verify the licence on the regulator's public register before depositing.

Fusion Markets has no fixed minimum deposit - you can open a live account with any amount. In practice a balance of at least $100–$250 is recommended to provide adequate margin for standard forex pairs.

Fusion Markets offers raw spreads from 0.0 pips with a commission of $4.50 per standard lot round-turn on the raw-spread account. Deposits are free on standard funding methods. No inactivity fee applies to dormant accounts.

Fusion Markets supports MetaTrader 4 (MT4), MetaTrader 5 (MT5) and cTrader. A mobile trading app is available for iOS and Android.

Fusion Markets customer support is available via email and ticket-based support during business hours.

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