About Fusion Markets
Overview
Fusion Markets is an Australian-based forex and CFD broker that has been operational since 2019. The company is officially registered as Gleneagle Asset Management Pty Limited, with its head office located at Level 10, 627 Chapel St, South Yarra, Victoria, Australia. Despite its relatively short time in the industry, the broker has gained substantial attention from retail traders, particularly for its competitive pricing and broad market access.
The broker offers trading on a range of financial instruments, including forex pairs, energies, precious metals, equity indices, and stocks. Clients can trade using the popular MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, and TradingView platforms, which are well-known for their advanced charting and automated trading capabilities. Fusion Markets promotes a low-cost trading environment, with spreads starting from 0.0 pips on certain account types and leverage of up to 1:500.
Regulatory Framework
Fusion Markets operates under the regulatory oversight of two authorities: the Australian Securities and Investments Commission (ASIC) and the Seychelles Financial Services Authority (FSA). The ASIC license (number 385620) is a Market Making License, which subjects the broker to Australia’s stringent financial regulations, including client money segregation and periodic reporting. The FSA license (number SD096) in Seychelles is a Derivatives Trading License, which is considered an offshore regulation, often providing more flexible trading conditions but fewer investor protections.
It is important for traders to understand that depending on the entity through which they open an account, different regulatory protections may apply. The ASIC-regulated entity generally offers stronger safeguards, while the Seychelles entity may be used to provide higher leverage and certain services that are restricted under Australian law.
Account Types
The broker offers three main account types: Classic, Zero, and Swap Free.
The Classic account is the most accessible, with a $0 minimum deposit and spreads starting from 0.9 pips. No commission is charged on this account, making it straightforward for beginners. The Zero account targets more active traders, with spreads from 0.0 pips but a commission of $4.5 per round turn. This structure suits scalpers and high-volume traders who can benefit from tight raw spreads. The Swap Free account is designed for traders who follow Islamic finance principles, with spreads starting from 1.4 pips and no overnight swap charges; however, specific details about maximum leverage and commission are not disclosed.
All account types provide access to the same instruments and platforms, but traders should note that the minimum deposit for Zero and Swap Free accounts is not publicly stated, which may require direct inquiry with the broker.
Deposits and Withdrawals
Information about deposit and withdrawal methods is not explicitly provided on the broker’s public materials. Typically, brokers of this nature support bank wire transfers, credit/debit cards, and e-wallets, but traders should confirm the available options directly with Fusion Markets. Processing times and any fees associated with funding are also not disclosed, which can be a consideration for those who prioritize fast and low-cost account funding.
Target Audience
Fusion Markets appears to cater to a broad range of traders. Its low minimum deposit and demo account availability make it an appealing choice for beginners who want to start with minimal risk. The competitive spreads and commission structure on the Zero account attract more experienced, cost-sensitive traders. Additionally, the multi-platform support and leverage options suit traders who rely on algorithmic strategies or specialized trading tools. However, the broker’s limited transparency on certain operational details may give more cautious investors pause.
Overview compiled by FXCanary from regulatory records and public data. full Fusion Markets review