Fusion Markets was founded in 2017 and has quickly become one of the most popular brokers among Australian traders. Headquartered in Melbourne, Australia, it is regulated by ASIC (AFSL 385620), giving local traders a high level of trust and security. The broker is known for its ultra-low cost trading, offering spreads from 0.0 pips and a zero minimum deposit. It caters primarily to experienced traders who value tight spreads and fast execution. Fusion Markets supports local payment methods like BPAY and Bank Transfer, making deposits and withdrawals seamless for Australians. With over 60 currency pairs and a range of CFDs on indices, commodities, and crypto, it provides ample trading opportunities. The broker does not offer Islamic accounts or copy trading, which may limit its appeal to some. Overall, Fusion Markets is a strong contender for Australian traders looking for a low-cost, ASIC-regulated broker with modern platforms like cTrader and MT5.
| Detail | Information |
|---|---|
| Founded | 2017 |
| Headquarters | Australia |
| Regulated by | ASIC,VFSC,FSA |
| Min Deposit | $0 |
| Max Leverage | 500 |
| Platforms | MT4, MT5, cTrader |
| Islamic Account | โ Not available |
| Copy Trading | โ Not available |
| Demo Account | โ Available |
| Instrument | Typical Spread | Commission/Lot | All-In Cost | Standard Spread |
|---|---|---|---|---|
| EUR/USD | Check broker | Varies | Varies | Check broker |
| Feature | Available |
|---|---|
| Demo Account | โ Yes |
| ECN/Raw Account | โ Yes |
| Islamic (Swap-free) | โ No |
| Scalping Allowed | โ Yes |
| Hedging Allowed | โ Yes |
| Expert Advisors (EA) | โ Yes |
| Copy Trading | โ No |
Fusion Markets does not offer an Islamic (swap-free) account. This is a significant limitation for Muslim traders in Australia who require Sharia-compliant trading accounts that do not charge or receive overnight interest (swap). The broker states that swap fees are applied on all positions held open past 5pm New York time. If you are a Muslim trader, you will need to consider alternative ASIC-regulated brokers like IC Markets or ThinkMarkets, which offer genuine swap-free accounts with no hidden fees. Fusion Markets may introduce this feature in the future, but currently it is not available.
| Feature | Details |
|---|---|
| Islamic Account Available | โ No |
| Swap Fees | May apply |
| Hidden Admin Fees | Verify with broker before trading |
| How to Apply | Contact support after opening standard account |
| Approval Time | Usually same business day |
| Asset Class | Examples | Available | Typical Spread |
|---|---|---|---|
| Forex Major Pairs | EUR/USD, GBP/USD, USD/JPY | โ All available | Check broker |
| Gold (XAU/USD) | Spot Gold | โ Available | โ |
| Silver (XAG/USD) | Spot Silver | โ Available | Check broker |
| Oil CFDs | WTI Crude, Brent Crude | โ Available | $0.03โ$0.05 |
| Stock Indices | S&P500, NASDAQ, DAX, FTSE | โ Available | 0.40 pts |
| Crypto CFDs | BTC, ETH, XRP, SOL | โ Available | Check broker |
| Shares CFDs | Apple, Tesla, Amazon | โ Available | 0.02% |
| ETF CFDs | SPY, QQQ | โ Available | 0.02% |
| Feature | Available | Notes |
|---|---|---|
| Economic Calendar | โ Yes | Built into platform, real-time |
| Daily Market Analysis | โ Yes | Written + video reports |
| Video Tutorials | โ Yes | Beginner to advanced |
| Live Webinars | โ Yes | Weekly sessions, recorded |
| Demo Account | โ Yes | Unlimited, no expiry |
| Copy Trading | โ No | Not available |
| Free VPS | โ Yes (active traders) | For EA/automated trading |
| Local Language Support | โ No | English only |
| Support Channel | Available | Hours | Rating |
|---|---|---|---|
| Live Chat | โ Yes | 24/5 (Mon-Fri) | โ โ โ โ โ Excellent |
| Email Support | โ Yes | 24/5 | โ โ โ โ โ Very Good |
| Phone Support | โ Yes | Business hours | โ โ โ โ โ Good |
| โ No | โ | Not available | |
| Local Language | โ No | โ | English only |
| Broker | Min Deposit | EUR/USD | Islamic | TradingView | Score |
|---|---|---|---|---|---|
| Fusion Markets โ | $0 | Check broker | โ | โ | 3.9 |
| Pepperstone | $0 | 0.09 pips | โ | โ | 4.9 |
| IC Markets | $200 | 0.02 pips | โ | โ | 4.8 |
| Exness | $10 | 0.10 pips | โ | โ | 4.8 |
Understanding how Fusion Markets protects your funds is critical before depositing. Here's a complete breakdown of the security measures in place for Australia traders:
| Security Feature | Status | Details |
|---|---|---|
| Segregated Client Funds | โ Yes | Client money held in separate bank accounts |
| Negative Balance Protection | โ Yes | Losses capped at account balance |
| Top-tier Regulation | โ Yes | FCA/ASIC/CySEC licensed |
| Investor Compensation | โ Yes | Up to ยฃ85,000 (FCA) or โฌ20,000 (CySEC) |
| 2FA Security | โ Yes | Two-factor authentication available |
| SSL Encryption | โ Yes | All data encrypted in transit |
| Audit & Reporting | โ Yes | Regular financial audits required by regulators |
Stay updated with the latest developments from Fusion Markets relevant to Australia traders:
Fusion Markets is a top-tier choice for Australian traders who prioritise low costs and strong regulation. With ASIC oversight, spreads from 0.0 pips, and a zero minimum deposit, it is ideal for experienced traders, scalpers, and high-volume traders. The availability of BPAY and local bank transfers makes funding easy. However, the lack of an Islamic account, limited education, and no copy trading mean it is less suitable for beginners or Muslim traders. If you are an experienced Australian trader looking to minimise trading costs, Fusion Markets is highly recommended. For beginners, you may want a broker with more educational support. Overall, it earns a solid 3.9/5 rating.