Fusion Markets is an Australian-based forex and CFD broker founded in 2017, known for offering some of the lowest trading costs in the industry. With its headquarters in Melbourne, Australia, the broker has grown rapidly to serve clients in over 100 countries, including a growing number of traders from Colombia. The brokerβs value proposition is simple: low spreads, zero minimum deposit, and a choice of three powerful trading platforms (MT4, MT5, cTrader). For Colombia traders, Fusion Markets is particularly attractive due to its support for local payment methods like Bank Transfer, Skrill, and USDT, making it easy to fund accounts in COP or USD. The broker also offers leverage up to 500:1, which is appealing for retail forex traders in Colombia looking to maximize their exposure with smaller capital. However, itβs important to note that Fusion Markets does not hold a license from Colombiaβs local financial authority, meaning traders must rely on the brokerβs ASIC and VFSC regulation for protection. Overall, Fusion Markets is a solid option for Colombia traders who prioritize low costs and platform flexibility.
| Detail | Information |
|---|---|
| Founded | 2017 |
| Headquarters | Australia |
| Regulated by | ASIC,VFSC,FSA |
| Min Deposit | $0 |
| Max Leverage | 500 |
| Platforms | MT4, MT5, cTrader |
| Islamic Account | β Not available |
| Copy Trading | β Not available |
| Demo Account | β Available |
| Instrument | Typical Spread | Commission/Lot | All-In Cost | Standard Spread |
|---|---|---|---|---|
| EUR/USD | Check broker | Varies | Varies | Check broker |
| Feature | Available |
|---|---|
| Demo Account | β Yes |
| ECN/Raw Account | β Yes |
| Islamic (Swap-free) | β No |
| Scalping Allowed | β Yes |
| Hedging Allowed | β Yes |
| Expert Advisors (EA) | β Yes |
| Copy Trading | β No |
Fusion Markets does not offer an Islamic (swap-free) account. This means that all accounts incur swap or rollover interest on positions held overnight, which is not Sharia-compliant. Muslim traders in Colombia who require a swap-free account should look for alternative brokers that explicitly offer genuine swap-free accounts without hidden fees. Some brokers may charge a fixed administrative fee after a certain period, but Fusion Markets does not provide this option. The absence of an Islamic account is a notable gap for the Colombian Muslim community, though the community is small.
| Feature | Details |
|---|---|
| Islamic Account Available | β 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 | β All available | Check broker |
| Gold (XAU/USD) | Spot Gold | β Available | β |
| Silver (XAG/USD) | Spot Silver | β Available | Check broker |
| Oil CFDs | WTI Crude, Brent Crude | β Available | $0.03β$0.05 |
| Stock Indices | S&P500, NASDAQ, DAX, FTSE | β Available | 0.40 pts |
| Crypto CFDs | BTC, ETH, XRP, SOL | β Available | Check broker |
| Shares CFDs | Apple, Tesla, Amazon | β Available | 0.02% |
| ETF CFDs | SPY, QQQ | β Available | 0.02% |
| Feature | Available | Notes |
|---|---|---|
| Economic Calendar | β Yes | Built into platform, real-time |
| Daily Market Analysis | β Yes | Written + video reports |
| Video Tutorials | β Yes | Beginner to advanced |
| Live Webinars | β Yes | Weekly sessions, recorded |
| Demo Account | β Yes | Unlimited, no expiry |
| Copy Trading | β No | Not available |
| Free VPS | β Yes (active traders) | For EA/automated trading |
| Local Language Support | β No | English only |
| Support Channel | Available | Hours | Rating |
|---|---|---|---|
| Live Chat | β Yes | 24/5 (Mon-Fri) | β β β β β Excellent |
| Email Support | β Yes | 24/5 | β β β β β Very Good |
| Phone Support | β Yes | Business hours | β β β β β Good |
| β No | β | Not available | |
| Local Language | β No | β | English only |
| Broker | Min Deposit | EUR/USD | Islamic | TradingView | Score |
|---|---|---|---|---|---|
| Fusion Markets β | $0 | Check broker | β | β | 3.9 |
| Pepperstone | $0 | 0.09 pips | β | β | 4.9 |
| IC Markets | $200 | 0.02 pips | β | β | 4.8 |
| Exness | $10 | 0.10 pips | β | β | 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 Colombia traders:
| Security Feature | Status | Details |
|---|---|---|
| Segregated Client Funds | β Yes | Client money held in separate bank accounts |
| Negative Balance Protection | β Yes | Losses capped at account balance |
| Top-tier Regulation | β Yes | FCA/ASIC/CySEC licensed |
| Investor Compensation | β Yes | Up to Β£85,000 (FCA) or β¬20,000 (CySEC) |
| 2FA Security | β Yes | Two-factor authentication available |
| SSL Encryption | β Yes | All data encrypted in transit |
| Audit & Reporting | β Yes | Regular financial audits required by regulators |
Stay updated with the latest developments from Fusion Markets relevant to Colombia traders:
Fusion Markets is a solid choice for Colombia traders who prioritize low trading costs and platform flexibility. With spreads starting from 0.0 pips, zero minimum deposit, and support for Bank Transfer, Skrill, and USDT, itβs one of the most affordable and accessible brokers for retail forex traders. The ASIC regulation adds a layer of trust, though the lack of a local license means Colombia-specific protections are absent. Itβs best suited for active traders, scalpers, and those comfortable with English-language support. However, if you require an Islamic account, Spanish support, or local regulation, you may want to consider alternatives like XM or IC Markets. Overall, Fusion Markets is recommended for cost-focused Colombia traders who can manage the language and regulatory limitations.