Fusion Markets is an Australian-based forex and CFD broker founded in 2017, known for its ultra-low spreads and transparent pricing. Headquartered in Melbourne, it has grown rapidly to serve over 100,000 clients globally, including a growing number of Cyprus traders. The broker is particularly appealing to retail forex traders in Cyprus due to its no minimum deposit policy and access to major platforms like MT4, MT5, and cTrader. While not regulated by CySEC, Fusion Markets holds an ASIC license, offering a strong regulatory framework. Cyprus traders benefit from low-cost trading with spreads starting from 0.0 pips and a commission of just $2.25 per lot. The broker also supports local payment methods such as Bank Transfer, Skrill, and USDT, making deposits convenient. However, the lack of an Islamic account and copy trading may be drawbacks for some. Overall, Fusion Markets is a competitive choice for Cyprus traders seeking low fees and advanced trading tools.
| Detail | Information |
|---|---|
| Founded | 2017 |
| Headquarters | Australia |
| Regulated by | ASIC,VFSC,FSA |
| Min Deposit | $0 |
| Max Leverage | 500 |
| Platforms | MT4, MT5, cTrader |
| Islamic Account | ✗ Not available |
| Copy Trading | ✗ Not available |
| Demo Account | ✓ Available |
| Instrument | Typical Spread | Commission/Lot | All-In Cost | Standard Spread |
|---|---|---|---|---|
| EUR/USD | Check broker | Varies | Varies | Check broker |
| Feature | Available |
|---|---|
| Demo Account | ✓ Yes |
| ECN/Raw Account | ✓ Yes |
| Islamic (Swap-free) | ✗ No |
| Scalping Allowed | ✓ Yes |
| Hedging Allowed | ✓ Yes |
| Expert Advisors (EA) | ✓ Yes |
| Copy Trading | ✗ No |
Fusion Markets does not offer Islamic (swap-free) accounts, which means Cyprus Muslim traders will incur overnight swap fees on positions held past the daily rollover time. This is a significant limitation for those who require Sharia-compliant trading. Unlike many other brokers, Fusion Markets has not introduced this option, possibly due to regulatory or operational reasons. Cyprus traders seeking swap-free accounts should consider alternatives like XM or IC Markets, which offer Islamic accounts. If you are a Muslim trader, it is advisable to check with Fusion Markets support directly, as policies may change, but as of 2026, no such account is available.
| Feature | Details |
|---|---|
| Islamic Account Available | ✗ 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 | ✓ All available | Check broker |
| Gold (XAU/USD) | Spot Gold | ✓ Available | — |
| Silver (XAG/USD) | Spot Silver | ✓ Available | Check broker |
| Oil CFDs | WTI Crude, Brent Crude | ✓ Available | $0.03–$0.05 |
| Stock Indices | S&P500, NASDAQ, DAX, FTSE | ✓ Available | 0.40 pts |
| Crypto CFDs | BTC, ETH, XRP, SOL | ✓ Available | Check broker |
| Shares CFDs | Apple, Tesla, Amazon | ✓ Available | 0.02% |
| ETF CFDs | SPY, QQQ | ✓ Available | 0.02% |
| Feature | Available | Notes |
|---|---|---|
| Economic Calendar | ✓ Yes | Built into platform, real-time |
| Daily Market Analysis | ✓ Yes | Written + video reports |
| Video Tutorials | ✓ Yes | Beginner to advanced |
| Live Webinars | ✓ Yes | Weekly sessions, recorded |
| Demo Account | ✓ Yes | Unlimited, no expiry |
| Copy Trading | ✗ No | Not available |
| Free VPS | ✓ Yes (active traders) | For EA/automated trading |
| Local Language Support | ✗ No | English only |
| Support Channel | Available | Hours | Rating |
|---|---|---|---|
| Live Chat | ✓ Yes | 24/5 (Mon-Fri) | ★★★★★ Excellent |
| Email Support | ✓ Yes | 24/5 | ★★★★☆ Very Good |
| Phone Support | ✓ Yes | Business hours | ★★★★☆ Good |
| ✗ No | — | Not available | |
| Local Language | ✗ No | — | English only |
| Broker | Min Deposit | EUR/USD | Islamic | TradingView | Score |
|---|---|---|---|---|---|
| Fusion Markets ★ | $0 | Check broker | ✗ | ✗ | 3.9 |
| Pepperstone | $0 | 0.09 pips | ✓ | ✓ | 4.9 |
| IC Markets | $200 | 0.02 pips | ✓ | ✗ | 4.8 |
| Exness | $10 | 0.10 pips | ✓ | ✗ | 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 Cyprus traders:
| Security Feature | Status | Details |
|---|---|---|
| Segregated Client Funds | ✓ Yes | Client money held in separate bank accounts |
| Negative Balance Protection | ✓ Yes | Losses capped at account balance |
| Top-tier Regulation | ✓ Yes | FCA/ASIC/CySEC licensed |
| Investor Compensation | ✓ Yes | Up to £85,000 (FCA) or €20,000 (CySEC) |
| 2FA Security | ✓ Yes | Two-factor authentication available |
| SSL Encryption | ✓ Yes | All data encrypted in transit |
| Audit & Reporting | ✓ Yes | Regular financial audits required by regulators |
Stay updated with the latest developments from Fusion Markets relevant to Cyprus traders:
Fusion Markets is a strong choice for Cyprus traders who prioritize low trading costs and a reliable platform. With spreads starting from 0.0 pips and no minimum deposit, it is particularly suitable for scalpers and active forex traders. The ASIC regulation provides a solid safety net, though the absence of CySEC oversight means no local investor protection. Cyprus traders using Skrill or USDT will appreciate the fast deposits and withdrawals. However, the lack of an Islamic account and limited educational resources may deter some. Overall, Fusion Markets is recommended for experienced retail traders in Cyprus who want to minimize fees, but beginners should ensure they are comfortable with the regulatory setup.