Fusion Markets is an Australian-based forex broker founded in 2017, known for offering some of the lowest spreads in the industry. Headquartered in Melbourne, Australia, the broker has grown to serve over 100,000 clients globally, including a growing number of retail traders in Sri Lanka. For Sri Lanka traders, Fusion Markets stands out due to its zero minimum deposit, high leverage up to 500:1, and support for local payment methods such as Bank Transfer, Skrill, and USDT. The broker is also regulated by ASIC (Australia) and VFSC (Vanuatu), providing a layer of security for Sri Lanka traders who are cautious about broker safety. While the broker does not have a physical office in Sri Lanka, its online services and multilingual support make it accessible. Fusion Markets is particularly attractive for cost-conscious Sri Lanka traders who want tight spreads and fast execution without hidden fees.
| 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 Sri Lanka who require Sharia-compliant trading, where no interest (swap) is charged or earned on overnight positions. Without a swap-free account, Sri Lanka Muslim traders would incur overnight financing costs on positions held past the daily rollover time. If you require an Islamic account, you may need to consider alternative brokers that provide genuine swap-free accounts without hidden fees. Fusion Markets has not indicated any plans to introduce an Islamic account in the near future.
| 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 Sri Lanka 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 Sri Lanka traders:
Fusion Markets is a strong choice for Sri Lanka traders who prioritize low trading costs and a secure regulatory environment. The broker's ultra-low spreads, zero minimum deposit, and support for local payment methods like Bank Transfer, Skrill, and USDT make it highly accessible. However, the lack of an Islamic account and limited local language support may be drawbacks for some. Fusion Markets is best suited for cost-conscious traders, scalpers, and those comfortable with English-language support. If you are a Muslim trader needing a swap-free account, you may need to look elsewhere. Overall, for Sri Lanka traders seeking a transparent, low-cost broker, Fusion Markets is a solid option.