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

Fusion Markets Review 2026: A Complete Guide for Mongolia Traders

Fusion Markets is a solid choice for Mongolia retail forex traders seeking low-cost trading. With ASIC regulation and support for local payment methods like Bank Transfer and USDT, it offers transparency and convenience. However, the lack of a dedicated Islamic account and limited local regulatory oversight may be concerns for some traders.
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 Mongolia Traders

  • Low spreads from 0.0 pips and low commission ($2.25/lot) ideal for Mongolia traders.
  • Multiple deposit methods including Bank Transfer, Skrill, and USDT for convenience.
  • ASIC regulation provides strong fund safety and transparency.
  • Zero minimum deposit allows Mongolia traders to start with any amount.
  • Supports MT4, MT5, and cTrader platforms with fast execution.

CONS for Mongolia Traders

  • No Islamic (swap-free) account for Muslim traders in Mongolia.
  • Not regulated by Mongolia's local financial authority, which may concern some traders.
  • Limited educational resources in Mongolian language.
  • No TradingView platform support.
  • Customer support available only in English, not Mongolian.
📅
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 — Mongolia
  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 Mongolia

Fusion Markets, founded in 2017 and headquartered in Australia, has quickly become a popular broker for retail forex traders worldwide, including Mongolia. With a strong focus on low-cost trading, it offers spreads starting from 0.0 pips and a commission of just $2.25 per lot on its Zero account. The broker is regulated by ASIC (Australia) and VFSC (Vanuatu), providing a high level of trust. For Mongolia traders, Fusion Markets is particularly attractive due to its support for local payment methods like Bank Transfer (Mongolian banks), Skrill, and USDT (Tether), making deposits and withdrawals seamless. The broker also offers up to 500:1 leverage, which is suitable for traders with smaller capital. With over 100 trading instruments including forex, commodities, indices, and crypto, Fusion Markets caters to diverse trading strategies. Its overall score of 3.9 reflects reliable service and competitive pricing, though the lack of an Islamic account and limited local regulatory oversight are areas to consider.

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 Mongolia?

Segregated Client Funds
Yes
Negative Balance Protection
Yes
Top-tier Regulation
Yes
Live Chat Support
Yes
Safety verdict for Mongolia 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 Mongolia 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
Mongolia 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 — Mongolia 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
Mongolia 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 — Mongolia Muslim Traders

Fusion Markets does not offer an Islamic (swap-free) account. This means that Muslim traders in Mongolia who require Sharia-compliant trading (no interest or swap charges) will need to look for alternative brokers. Some brokers like XM or IC Markets provide swap-free accounts for Mongolia residents. Without an Islamic account, Fusion Markets charges overnight swap fees on positions held past 5 PM EST, which can be a disadvantage for long-term traders. There are no hidden fees, but the lack of this option is a significant con for Muslim traders.

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 Mongolia

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 Mongolia traders
Gold (XAU/USD), EUR/USD, and major stock indices are the most popular instruments among Mongolia 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 Mongolia traders
Platform is in English but many educational resources and YouTube tutorials are available in local languages from trader communities.
💬

Customer Support — Mongolia Review

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

Common Mistakes Mongolia Traders Make with Fusion Markets

  • Mistake: Not verifying the broker’s ASIC license number on the official register before depositing funds.
  • Mistake: Using Bank Transfer for small deposits, which can incur high fees and long processing times compared to USDT or Skrill.
  • Mistake: Assuming the Standard account is cheaper—Mongolia traders who trade frequently should choose the Zero account for lower overall costs.
🔍

Fusion Markets vs Competitors in Mongolia

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 Mongolia 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 Mongolia traders.
Product
May 2026
New instruments added for Mongolia traders
Fusion Markets has added new trading instruments including additional forex pairs and commodity CFDs.

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

3.9/5
★★★★★

Fusion Markets is a highly competitive broker for Mongolia retail forex traders, especially those who prioritize low spreads and flexible deposit options. With ASIC regulation, zero minimum deposit, and support for Bank Transfer, Skrill, and USDT, it offers a transparent and cost-effective trading environment. The broker is best suited for scalpers, day traders, and those using automated strategies on MT4/MT5/cTrader. However, the lack of an Islamic account and local regulatory oversight may be drawbacks for some. Overall, Fusion Markets is recommended for Mongolia traders who want low trading costs and reliable execution, but Muslim traders should look for alternatives.

Open Fusion Markets Account

FAQ — Fusion Markets for Mongolia Traders

Is Fusion Markets safe for Mongolia traders?+
How can I deposit money in Fusion Markets from Mongolia?+
Does Fusion Markets have Islamic account?+
What is the minimum deposit for Fusion Markets in Mongolia?+
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 · Mongolia
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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