Fusion Markets was founded in 2017 and is headquartered in Melbourne, Australia. It has quickly grown into a globally recognized forex broker, serving over 100,000 clients worldwide. For Turkmenistan traders, Fusion Markets offers a compelling proposition: ultra-low spreads starting from 0.0 pips, a $0 minimum deposit, and support for popular local payment methods like Bank Transfer, Skrill, and USDT. The broker is regulated by ASIC and VFSC, providing a level of trust and security that is important for traders in Turkmenistan where local financial oversight is limited. Fusion Markets is particularly relevant for retail forex traders in Turkmenistan who want to trade major and minor currency pairs, gold, oil, and indices with competitive costs. The broker also offers advanced platforms like MT4, MT5, and cTrader, which are well-suited for both beginners and experienced traders. While it does not have a local office or license in Turkmenistan, its strong international regulation and transparent fee structure make it a reliable choice for traders in the region.
| 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 an Islamic (swap-free) account. This is a significant drawback for Muslim traders in Turkmenistan who require Sharia-compliant trading. Without a swap-free account, you will incur overnight rollover fees (swap) on positions held past 5 PM EST, which is not permissible under Islamic finance principles. If you are a Muslim trader, you may need to consider alternative brokers that provide genuine swap-free accounts with no hidden fees. Fusion Markets does not charge extra for long-term positions, but the standard swap rates apply. We recommend contacting their support to confirm if any future plans exist for Islamic accounts, but as of 2026, this feature is not 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 Turkmenistan 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 Turkmenistan traders:
Fusion Markets is a highly competitive broker that offers excellent value for Turkmenistan traders, especially those focused on low-cost forex trading. With a $0 minimum deposit, razor-thin spreads, and support for local payment methods like Bank Transfer, Skrill, and USDT, it is easy to get started. The broker’s regulation by ASIC and VFSC provides a solid layer of security, even though there is no local oversight in Turkmenistan. However, the lack of an Islamic account and limited language support are notable downsides. We recommend Fusion Markets for experienced retail traders in Turkmenistan who prioritize low trading costs and are comfortable with English-language support. Beginners may also benefit from the demo account and educational materials. Overall, it is a strong choice, but not perfect for everyone.