Fusion Markets review 2026 – offshore broker with good spreads

Phil Horner, who is the CEO and Founder of Fusion Markets, started the firm in 2017 with a mission to make trading affordable and accessible. 

Fusion Markets runs entities supported by licenses from the Vanuatu Financial Services Commission (40256), Financial Services Authority of Seychelles (SD096), and the Australian Securities and Investment Commission (385620). Although the broker maintains segregated client funds, it does not provide a guarantee for negative balance protection for global clients.. 

At Fusion Markets, they focus on providing low-cost access to Forex, CFDs on commodities, indices, and US share CFDs for retail traders worldwide. The broker also emphasizes rapid execution, no deposit fees, and full operational transparency. While many older brokers still rely on outdated technology, Fusion Markets has modernized its stack, providing seamless integration with MetaTrader 4, MetaTrader 5, and more recently, TradingView and cTrader.

From a user perspective, we really like that Fusion Markets doesn’t impose a minimum deposit, which lowers the barrier to entry significantly. However, it is worth noting that they are a relatively young firm compared to industry giants, and while their product range is growing, it is still more focused on active traders rather than long-term equity investors.

Trust 

When it comes to trust, we think Fusion Markets presents a slightly mixed picture.

The company’s site details regulations and fund segregation, and CEO Phil Horner is named prominently. To date, the broker has maintained a clean track record without any major regulatory scandals or fraud allegations.On Trustpilot, Fusion Markets scores 4.8/5 from nearly 4,000 reviews, with praise for responsive 24/5 support and quick issue resolution. 

Regulation

Fusion Markets’s ASIC regulation in Australia, is a strong trust anchor. This means the firm must comply with rigorous standards for segregation of client funds, reporting, and operational conduct. For global clients, operations fall under Gleneagle Securities Pty Ltd, registered in Vanuatu and Seychelles, which are offshore, so traders outside Australia do not benefit from the same level of oversight or protections as Australian clients do. The ASIC license is a strong point for Aussies, but international traders might want more onshore options for safety.

Country	Regulator	Legal entity
Vanuatu	Vanuatu Financial Services Commission (VFSC)	Gleneagle Securities Pty Ltd trading
Seychelles	Financial Services Authority of Seychelles (FSA)	Fusion Markets International Ltd
Australia	Australian Securities and Investment Commission (ASIC)	FMGP Trading Group Pty Ltd

Transparency

Fusion Markets positions itself as a discount and transparent broker. And we think that claim is backed up by how the company communicates its pricing, trading terms and conditions, regulation, and presence in the media. You can easily find the broker’s commission and spread structure, including raw spreads from 0.0 pips and a fixed commission model on certain accounts.

While Fusion Markets does offer high-level transparency, it isn’t flawless. The broker’s straightforward fee disclosures and regulatory listings certainly enhance transparency, showing that it is not hiding essential cost or oversight details. However, we believe that the differences in protections across various jurisdictions (Vanuatu, Australia, Seychelles) are important for traders to consider when evaluating trust. 

Experienced ownership 

In terms of experienced ownership, Fusion Markets was established by seasoned professionals Phil Horner and David Swinden, both of whom previously held executive positions at Pepperstone: Horner served as the APAC CEO and GM before moving there from AxiTrader, and Swinden was an Operations Manager and Chair of Risk Committee at Pepperstone. 

We believe that having those leaders and executives with successful backgrounds at tier-1 firms  as part of the company is definitely an advantage.

Accounts

Fusion Markets keeps signing up simple and straightforward: clients are required to just fill in their personal details online (this literally takes a few minutes), and complete the KYC verification.  Most users get their account approved within an hour if their documents are in order. Once they receive approval, they can fund their accounts and start trading right away. We believe it’s a significant advantage that the broker does not require a minimum deposit.

At Fusion Markets, you can find two main account types designed to cater to different trading styles. However, both accounts provide access to the same list of products and platforms.

Zero Account

Fusion Markets’ most popular offering is Zero Account which gives you direct market pricing without any markup. This “raw spread” account is ideal for active traders, scalpers, and those using Expert Advisors. Traders can access the account from MT4, MT5, TradingView, and cTrader platforms. 

Zero Account Key Features
Maximum Leverage	Up to 500:1 (Global) / 30:1 (ASIC)
Minimum Deposit	$0 ($1)
Average Spreads	From 0.0 pips
Minimum Account Size	None
Commission	$2.25 per lot ($4.50 round turn)

Classic Account

Fusion’s Classic account is ideal for traders who want a simple and stress-free experience. There are no separate commission charges; instead, the cost of the trade is built directly into the spread. We think this account is best for beginners or low-volume traders who don’t want to deal with manual fee calculations. One small downside is that TradingView and cTrader are only available on the Zero account, not the Classic one.

Classic Account Key Features
Maximum Leverage	Up to 500:1 (Global) / 30:1 (ASIC)
Minimum Deposit	$0 ($1)
Average Spreads	From 0.9 pips
Minimum Account Size	None
Commission	$0 (included in spread)

Islamic Account

Fusion’s Islamic, or swap-free accounts cater to traders who have religious beliefs that prohibit them from receiving or paying overnight swaps. Traders can easily access more than 50 of the world’s most popular assets with the broker’s no-interest, swap-free accounts. In other words, they work the same as Classic or Zero accounts, just without swaps. Here, you can find more information about swap-free accounts. 

There are also MAM accounts for managers trading on behalf of multiple clients, and demo accounts that let you test the platforms and strategies for free.

Products

Fusion Markets is a Forex and CFD broker that offers over 250 CFD instruments, including currency pairs, commodities, stocks, indices, and cryptocurrencies. We agree that the asset range is adequate, but we also think it could benefit from more variety. 

Unlike some other brokers that also let you buy and hold real stocks, ETFs, or bonds, Fusion Markets’ offering is entirely focused on CFD instruments. This means traders can only speculate on price movements. We think this makes it more suitable for active Forex and CFD traders rather than risk-averse investors seeking real asset ownership.

Asset Class	Examples
Forex	90+ pairs (majors, minors, exotics) – AUDCAD, EURUSD, GBPJPY, EURCHF, USDMXN, etc.
Energies and Commodities	Gold, Silver, Platinum, Copper, Oil (WTI/Brent),, Cotton , Cocoa, Raw Sugar, Natural Gas, Corn, Wheat, etc.
Indices	S&P 500, DAX 40, UK100, Dow Jones 30, etc.
Share CFDs	110+ US stocks (e.g., Apple, Tesla, META, Amazon)
Cryptocurrency	Bitcoin, Ethereum, Solana, Dogecoin, Avalanche, Polkadot, etc.

Deposits and Withdrawals

One of the standout features of Fusion Markets is their commitment to “fee-free” funding. It is a big plus that they do not charge any internal fees for deposits or withdrawals, though your bank or payment provider might charge an intermediary fee.

Due to various payment methods with Fusion Markets, you can make deposits and withdraw your funds hassle-free. Options such as Visa/Mastercard, Neteller, Paypal, Bank Wire Transfers, Skrill, BinancePay, and SticPay make the account funding process simple. 

How long do deposits take?

There are many ways you can deposit money to your Fusion Markets account, including bank cards, e-wallets, bank wire, and even crypto. Processing time may vary from instant to 1-5 business days, depending on the payment method.

To avoid delays and ensure funds are processed correctly, traders should include their reference number when making a deposit. This allows the funds to be accurately matched to the correct trading account.

The reference number can be found in the initial funding instruction email or by logging into the secure Client Portal, where it is clearly displayed.

Deposit Method	Minimum Deposit	Processing Time
Bank Wire Transfer	$10	1-5 business days
Visa/Mastercard	$10	Instant
PayPal	$10	Instant
Skrill	$10	Instant
SticPay	$10	Instant
Neteller	$10	Instant
DragonPay	$10	Instant
JetonBank	$10	Instant
BinancePay	$20	Instant
ZotaPay	$10	Instant

How long do withdrawals take?

Fusion Markets is known for fast processing of withdrawal requests: ones made before 11 AM AEDT are often processed the same day. Many users report receiving PayPal or E-wallet withdrawals in less than 5 hours.

Users must be aware that the stated withdrawal amount takes into account any fees charged by intermediary banks, which may influence the total amount they receive upon withdrawal.

Withdrawal Method	Minimum Withdrawal	Processing Time
Bank Wire Transfer	$35	3-5 business days
Local Bank Transfer	$10	1-2 business days
PayPal	$10	Instant
Skrill	$10	Instant
Interac	$10	1-2 business days
Neteller	$10	Instant
DragonPay	$10	1-2 business days
JetonBank	$10	1-2 business days
MiFinity	$20	Instant
Crypto	$10	Instant

Fees

Fees are where Fusion Markets stands out since they do not charge inactivity, deposit/withdrawal, or US shares CFD fees. Nonetheless, when choosing how to deposit or withdraw funds with Fusion Markets, users should be attentive: fees from third-party processors might still be applicable based on chosen payment method. The broker has won multiple awards including “Lowest Spread Forex Broker” by Brokerchooser in 2020-2026,  “Lowest Commissions Forex Broker” by Compare Forex Brokers 2020-2026,  “Best Discount Forex Broker,”  and”Best Zero Spread Broker for Commodities” by FX Empire.

However, every brokerage must charge some form of fees or commissions to operate, and Fusion Markets is no exception. The primary costs associated with trading at Fusion Markets include swaps, spreads, and commissions. They can vary based on the type of account you choose and the specific asset you are trading.

Swaps

Overnight fees(same as swap fees) are the interest charges you pay for keeping a position open after the market closes for the day. Trading CFDs usually involves leverage, and brokers apply interest on that borrowed amount.

We recommend that all traders keep an eye on these fees, because they can significantly impact your profits if you hold onto trades for several days or even weeks. With Fusion Markets you can easily check the live swap rates right in your MetaTrader, cTrader, or TradingView terminal before you make any trades.

Commissions

Depending on the account type, Fusion Markets’s clients are offered two main pricing models:

• Classic Account – This account uses spread-only pricing, and typical spread here starts from 0.9 pips. All trading costs are built into the spreads, with no separate commission, which can be simpler for beginners or casual traders.

• Zero Account – This model has raw, ultra-tight spreads from 0.0 pips combined with a fixed commission of approximately $4.50 per standard lot round turn (about $2.25 per side). We believe that the low commission on Fusion Markets’ Zero Account is a big advantage for high-frequency traders and scalpers because it can really help cut down on overall trading costs compared to brokers that charge $6–$7 or even more per lot.

Activity	Fee
Opening and holding an account	None
Deposits and withdrawals	None
Inactivity	None
Trading commissions	Varies by account
Currency conversion	Applies when trading non-base currencies
Spread	Varies by account and instrument
Overnight swap	Applies if positions are held overnight (excluding islamic accounts)

Spreads

At Fusion Markets, the main cost traders encounter is the spread, which is simply the difference between the buying and selling (bid and ask) prices. They offer some of the tightest spreads around, particularly on their Zero Account.

Many brokers typically balance low spreads with commissions to stay competitive, and we believe Fusion has found the right balance while maintaining a trustworthy approach and keeping their spread rates quite competitive. This might be one of the main reasons why many traders opt for Fusion Markets when looking for a low-cost broker.

Forex spreads 

Essentially, Forex trading involves buying and selling different currencies with the goal of making a profit when their values change. Fusion’s Forex fees are super competitive: in our checks against other popular forex brokers, Fusion definitely leads on popular currency pairs for active traders. 

Below, you can view Fusion’s spread rates for the most popular pairs that we gathered while putting this review together:

FX Pair	Fusion Markets Spread (minimum/average)
EUR/USD	0.0 / 0.0
USD/JPY	0.0 / 0.14
EUR/GBP	0.0 / 0.13
AUD/CHF	0.0 / 0.30
USD/CAD	0.0 / 0.03

Soft commodities, energies, and metals spreads

Spreads on commodities, energies, and metals at Fusion are also very impressive. We like the fact that they offer “spot” pricing on metals, which keeps the costs predictable for a trader. 

Asset	Fusion Markets Spread (minimum/average)
Gold (XAUUSD)	0.50 / 1.11
UK Oil (Brent) & US Oil (WTI)	0.6 / 1.94
Silver (XAGUSD)	0.60 / 4.32
Natural Gas	6.0 / 7.58
Coffee Arabica vs USD	1.5 / 2.66

Index spreads

FusionMarkets allows clients to trade all the major global indices without any commission on either account type. This makes it a really appealing choice for day traders who capitalize on the ups and downs of index prices.

Asset	Fusion Markets Spread (minimum/average)
S&P 500 (US500)	0.3 / 1.56
FTSE100 (UK100)	0.3 / 1.09
DAX40 (GER40)	10.8 / 1.16
ASX200 (AUS200)	0.8 / 1.19
Hang Seng (HK50)	0.8 / 4.22
China H-Shares (CHINAH)	0.80 / 2.12

US Share CFDs

At Fusion Markets, traders can choose from a selection of 110 major global companies available as CFDs via the MT5 platform. It is noticeable that Fusion provides these US share CFDs with a $0 commission structure. Remember, that as CFD products, these do not involve full ownership of the underlying shares.

Crypto

Crypto enthusiasts can also benefit from low spread rates and $0 commissions with Fusion Markets when trading CFDs on popular cryptocurrency pairs 24/7. You can place these trades using MetaTrader 4, MetaTrader 5, cTrader, or by connecting your account to TradingView.We think the pricing is quite competitive, you also can check it out here. 

Asset (vs USD)	Fusion Markets Spread (minimum/average)
Bitcoin	14 / 18.82
Ethereum	2.41 / 2.8
Dogecoin	0.0 / 0.0
Solana	0.16 / 0.16
Cardano	0.0 / 0.0
Avalanche	0.4 / 0.4

Platforms

Fusion Markets supports all of the major trading platforms that traders worldwide expect: MT4 / MT5 (desktop, web, and mobile versions), cTrader (desktop, web, mobile), and even trade directly through TradingView (desktop and web). In our view, the range of platforms could be another benefit of Fusion. 

The broker  has its own copy trading platform called Fusion+. whichTraders use it to automatically replicate the trades of others or have their own trades mirrored by followers. This way, users can become certified Money Managers at Fusion Markets and share a unique link so that clients or friends can follow their trades. 

The copy service is free as long as both the Money Manager and the follower trade a minimum of 2.5 lots of FX or metals each month. If for some reason that trading volume isn’t reached, a $10 monthly hosting fee occurs. Money Managers also can charge performance fees of up to 30% for their followers.

Platform	Key strength
MetaTrader 4 (MT4)	Classic, reliable, strong EA support
MetaTrader 5 (MT5)	More timeframes & order types, advanced charting tools, broader multi-asset support
cTrader	Fast execution, deep market data, modern interface
TradingView	Advanced charting tools & social insights
Fusion+	Proprietary copy trading platform

Final thoughts

We believe that Fusion Markets is a good option for active forex and CFD traders due to the broker’s low costs, narrow spreads, commission structure, and reliable platform support. Its ASIC regulation provides an extra layer of credibility and trust for Australian clients. Global traders should be aware that regulatory protections can differ from one region to another. In our view, the current asset range is obviously sufficient; however, a broader list of asset classes and instruments, especially ETFs and bonds, would help the broker appeal to more experienced investors.

FAQ

Is Fusion Markets a safe broker? 

Yes, Fusion Markets is regulated by ASIC in Australia, which is a top-tier regulator. They also hold licenses in Vanuatu and the Seychelles for global operations.

What is the minimum deposit for Fusion Markets? 

Fusion Markets does not require a minimum deposit on either of its accounts. You can fund your account with as little as $1. Note, that some payment methods may have their own minimum transfer amounts.

Does Fusion Markets charge commission? 

The commission on Zero Account is $2.25 per standard lot per side, totaling $4.50 for a completed (round turn) trade. Spreads on this account start from 0.0 pips. Classic account users pay spreads starting as low as 0.9, and the commissions are included in the spread. 

Does Fusion Markets support TradingView? 

Absolutely! You can connect your Fusion Markets account directly to the TradingView platform for advanced charting and faster execution.

How long do withdrawals take? 

Withdrawals are typically processed within 1-5 business days. E-wallet withdrawals are usually completed within just a few hours.