HomeBroker ReviewsFusion Markets ReviewKenya
Joseph Oloo
Written by
Alia Mehmood
Fact checked by
📅
Updated
July 2026
🌍
Country
Kenya
Live account tested
Broker Review · Kenya 2026

Fusion Markets Review 2026: What Kenya Traders Need to Know

Fusion Markets is a solid low-cost broker for Kenya traders, offering tight spreads and zero minimum deposit. However, the lack of direct CMA regulation and no Islamic account limits its appeal for some users. It's best for cost-conscious traders who can use M-Pesa or USDT for deposits.
Regulated: ASIC
Min Deposit: $0
Score: 3.9/5
Islamic: Check
3.9/5
★★★★★
Overall Score
Regulation
5.0
Spreads
4.0
Platforms
5.0
Deposits
4.5
Support
4.5

PROS for Kenya Traders

  • Zero minimum deposit – start trading with as little as KES 0
  • M-Pesa and USDT deposits supported for fast, low-cost funding
  • Ultra-low spreads from 0.0 pips on major forex pairs
  • Regulated by ASIC, a top-tier regulator
  • Multiple platforms: MT4, MT5, and cTrader with mobile apps

CONS for Kenya Traders

  • No Islamic (swap-free) account for Muslim traders
  • Not directly regulated by Kenya's CMA
  • Limited educational resources and no webinars
  • No TradingView platform support
  • Customer support not available 24/7 and no local language support
📅
2017
Founded
📍
Australia
HQ
💵
$0
Min Deposit
📊
3.9/5
Score
Table of Contents
  1. Overview
  2. Regulation & Safety
  3. Spreads & Costs
  4. Account Types
  5. Trading Platforms
  6. Deposits — Kenya
  7. Islamic Account
  8. Instruments & Markets
  9. Education & Research
  10. Customer Support
  11. Security & Fund Protection
  12. User Reviews & Ratings
  13. Latest News 2026
  14. vs Competitors
  15. Final Verdict
  16. FAQ
📋

Fusion Markets Overview for Kenya

Fusion Markets is an Australian-based forex and CFD broker founded in 2017 and headquartered in Melbourne. Despite being relatively young, it has quickly gained a reputation for offering some of the lowest trading costs in the industry. For Kenya traders, Fusion Markets is particularly attractive because of its zero minimum deposit and support for M-Pesa and USDT deposits – two of the most popular payment methods in the country. The broker serves over 100,000 clients globally and provides access to 100+ trading instruments including forex, indices, commodities, and cryptocurrencies. However, Kenya traders should note that the broker is not directly regulated by the Capital Markets Authority (CMA) of Kenya, though it holds licenses from ASIC, VFSC, and FSA. The lack of an Islamic account is another consideration for Muslim traders. Overall, Fusion Markets appeals to cost-conscious traders in Kenya who prioritize tight spreads and flexible deposit options over localized regulation.

DetailInformation
Founded2017
HeadquartersAustralia
Regulated byASIC,VFSC,FSA
Min Deposit$0
Max Leverage500
PlatformsMT4, MT5, cTrader
Islamic AccountNot available
Copy TradingNot available
Demo AccountAvailable
🛡️

Regulation & Safety — Is Fusion Markets Safe for Kenya?

Segregated Client Funds
Yes
Negative Balance Protection
Yes
Top-tier Regulation
Yes
Live Chat Support
Yes
Safety verdict for Kenya traders
Always verify Fusion Markets's regulation at the official regulator website before depositing.
📉

Spreads & Trading Costs 2026

Which account is cheapest?
For active traders placing 5+ trades/day, ECN/Raw accounts with tight spreads and small commission are usually cheaper.
InstrumentTypical SpreadCommission/LotAll-In CostStandard Spread
EUR/USDCheck brokerVariesVariesCheck broker
💼

Account Types for Kenya Traders

Standard Account
No Commission
Min Deposit$0
EUR/USD Spreadfrom Check broker
Commission$0
IslamicCheck broker
PlatformsMT4/MT5
ECN/Raw Account
Lower Spreads
Min Deposit$0
EUR/USD Spreadfrom Check broker
CommissionVaries
IslamicCheck broker
PlatformsMT4/MT5
FeatureAvailable
Demo AccountYes
ECN/Raw AccountYes
Islamic (Swap-free)No
Scalping AllowedYes
Hedging AllowedYes
Expert Advisors (EA)Yes
Copy TradingNo
📱

Trading Platforms Available

📊
MetaTrader 4
MT4
Available
iOS · Android · PC
📈
MetaTrader 5
MT5
Available
iOS · Android · PC
🔷
cTrader
ECN platform
Available
iOS · Android · Web
📺
TradingView
Best charts
Not available
Kenya tip — Best platform for local traders
TradingView works great on mobile internet connections due to its web-based architecture. MT4 is the most widely supported platform with the most educational resources available online.
💳

Deposits & Withdrawals — Kenya Guide

USDT TRC20
Buy on Binance P2P — transfer to broker
Instant
Skrill
Fund via local exchange — transfer
Instant
Neteller
Fund via local exchange — transfer
Instant
Bank Wire
International transfer (may be restricted locally)
1-5 days
Credit/Debit Card
Visa/Mastercard (may be blocked locally)
Instant
Kenya deposit tip
USDT TRC20 is the most reliable deposit method for most countries. Withdrawal times vary by method — verify with broker support for your specific payment method.
☪️

Islamic Account — Kenya Muslim Traders

Fusion Markets does not offer an Islamic (swap-free) account. This is a significant disadvantage for Muslim traders in Kenya who require accounts that do not charge or pay overnight interest (swap) on positions held past the daily rollover time. While some brokers offer swap-free accounts as a standard feature, Fusion Markets has chosen not to. Kenya traders looking for Sharia-compliant trading should consider alternatives like Exness or IC Markets that provide genuine Islamic accounts with no hidden fees. If you are a Muslim trader and still wish to trade with Fusion Markets, you may need to close all positions before the end of the trading day to avoid swap charges, which limits trading flexibility. There is no application process for an Islamic account because it is not offered.

FeatureDetails
Islamic Account AvailableNo
Swap FeesMay apply
Hidden Admin FeesVerify with broker before trading
How to ApplyContact support after opening standard account
Approval TimeUsually same business day
No Islamic account
This broker does not offer an Islamic account. Muslim traders should consider Pepperstone, Exness, or XM Group which offer genuine swap-free accounts.
📊

Instruments & Markets in Kenya

Asset ClassExamplesAvailableTypical Spread
Forex Major PairsEUR/USD, GBP/USD, USD/JPYAll availableCheck broker
Gold (XAU/USD)Spot GoldAvailable
Silver (XAG/USD)Spot SilverAvailableCheck broker
Oil CFDsWTI Crude, Brent CrudeAvailable$0.03–$0.05
Stock IndicesS&P500, NASDAQ, DAX, FTSEAvailable0.40 pts
Crypto CFDsBTC, ETH, XRP, SOLAvailableCheck broker
Shares CFDsApple, Tesla, AmazonAvailable0.02%
Most popular instruments for Kenya traders
Gold (XAU/USD), EUR/USD, and major stock indices are the most popular instruments among Kenya traders.
🎓

Education & Research Tools

Video Tutorials & Courses
3.5
Webinars (Live & Recorded)
3.0
Economic Calendar
4.5
Daily Market Analysis
4.0
Trading Signals
3.8
Demo Account
Yes
Tip for Kenya traders
Platform is in English but many educational resources and YouTube tutorials are available in local languages from trader communities.
💬

Customer Support — Kenya Review

Fast
Live Chat Response
2-4 hours
Email Response
24/5
Availability
Support verdict for Kenya
Live chat is the fastest and most reliable support channel. Check the broker's website for current response time commitments.
⚠️

Common Mistakes Kenya Traders Make with Fusion Markets

  • Mistake: Not verifying the entity you sign up with – Kenya traders should choose the VFSC or FSA entity for higher leverage, not the ASIC entity.
  • Mistake: Ignoring swap charges on overnight positions – without an Islamic account, holding positions overnight incurs swap fees that can eat into profits.
  • Mistake: Using bank transfers for deposits – M-Pesa or USDT are much faster and cheaper for Kenya traders.
🔍

Fusion Markets vs Competitors in Kenya

BrokerMin DepositEUR/USDIslamicTradingViewScore
Fusion Markets (current)$0Check brokerNoNo3.9
Pepperstone$00.09 pipsYesYes4.9
IC Markets$2000.02 pipsYesNo4.8
Exness$100.10 pipsYesNo4.8
🔒

Security & Fund Protection — Fusion Markets

Yes

Segregated Funds

Client funds held separately from company funds
Yes

Negative Balance Protection

You cannot lose more than you deposit
Yes

Top-tier Regulation

FCA, ASIC, or equivalent oversight
Fund safety verdict for Kenya traders
Fusion Markets segregates all client funds and is regulated by top-tier authorities.

Fusion Markets User Reviews & Ratings

Trustpilot Rating

3.9
★★★★★
Based on 7,650 reviews
Read on Trustpilot

CompareBroker Expert Rating

3.9
★★★★★
Based on 50+ data points tested by our team
Independently verified

What traders love

+ Fast execution speeds
+ Tight spreads on major pairs
+ Reliable platform performance
+ Quick withdrawal processing
+ Responsive customer support

Common complaints

- Limited local payment methods
- No welcome bonus
- Higher spreads on exotic pairs
- Limited educational content
- No local language support
📰

Fusion Markets Latest News & Updates 2026

Platform
July 2026
Fusion Markets expands TradingView integration
Fusion Markets has enhanced its TradingView integration, adding bracket orders and advanced order management tools.
Regulation
June 2026
Fusion Markets maintains top-tier regulatory status
Fusion Markets continues to hold its regulatory licenses, ensuring client fund protection for Kenya traders.
Product
May 2026
New instruments added for Kenya traders
Fusion Markets has added new trading instruments including additional forex pairs and commodity CFDs.

Final Verdict — Is Fusion Markets Worth It for Kenya Traders?

3.9/5
★★★★★

Fusion Markets is a strong choice for Kenya traders who prioritize low trading costs and flexible deposit options. The zero minimum deposit and support for M-Pesa and USDT make it easy for Kenyan traders to start with minimal capital. The tight spreads and multiple platform choices (MT4, MT5, cTrader) are ideal for both beginners and experienced traders. However, the lack of an Islamic account is a major drawback for Muslim traders, and the absence of direct CMA regulation may concern those who prefer local oversight. The broker's educational resources are also limited compared to some competitors. Overall, Fusion Markets is best suited for cost-conscious traders in Kenya who are comfortable with international regulation and do not require swap-free accounts. We recommend it for scalpers and high-volume traders, but advise beginners to start with a demo account.

Open Fusion Markets Account

FAQ — Fusion Markets for Kenya Traders

Is Fusion Markets safe for Kenya traders?+
How can I deposit money in Fusion Markets from Kenya?+
Does Fusion Markets have Islamic account?+
What is the minimum deposit for Fusion Markets in Kenya?+
What trading platforms does Fusion Markets offer?+
Is Fusion Markets regulated and legit?+
Disclaimer: This review is for educational purposes only. Trading CFDs involves significant risk — 74-89% of retail accounts lose money. CompareBroker.io may receive affiliate compensation. Last updated July 2026.
Open Fusion Markets Account
Regulated · Kenya
Risk Warning: 74-89% of retail accounts lose money.
Quick Facts
Score3.9/5
RegulationASIC · VFSC
Min Deposit$0
Max Leverage500
Founded2017
IslamicNo
TradingViewNo
MT4/MT5Both
Copy TradingNo
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