Founded in 2017 by former Pepperstone executives Phil Horner and David Swinden, Fusion Markets is built around low-cost pricing and added its CySEC-licensed EU entity (444/24) as one of the newest licences in this group, issued in 2024.
| Regulated entity | Fusion Markets EU Ltd |
|---|---|
| Regulation | CySEC No. 444/24 + FSA Seychelles No. SD096 |
| Other Tier-1 regulators | ASIC |
| Founded | 2017 |
| Headquarters | Melbourne, Australia |
| Minimum deposit | No minimum |
| Avg. spread (EUR/USD) | 0.9 pips |
| Platforms | MT4, MT5, cTrader, TradingView |
| Instruments | 250+ instruments across forex, indices, commodities, shares and crypto CFDs |
See Fusion Markets's full regulation dossier → · How to check whether a forex broker is regulated
Derived from the same confirmed data behind this broker's score (regulation, cost, platforms, deposit minimum) -- not a separate editorial judgment.
Via its CySEC-regulated Cyprus entity, eligible clients are covered by Cyprus's Investor Compensation Fund (ICF) up to €20,000 per person if the firm fails. Via its Seychelles FSA-licensed entity, there is no statutory investor compensation scheme -- if that entity fails, there is no guaranteed fund to recover client money from.
Beyond the headline spread and minimum deposit above. Where our research hasn't independently confirmed a specific detail, we say so rather than guess -- verify directly with the broker before relying on it.
| Account types | Zero (raw-spread, roughly $4.50 round-turn commission, spreads from 0.0 pips) and Classic (no separate commission, cost built into the spread), both with an Islamic/swap-free option available on request -- clients must declare a religious basis and can't mix swap-free and swap-charged accounts. |
|---|---|
| Execution model | Described as ECN/STP, routing to liquidity pools from multiple institutions, though no more specific detail was found. |
| Withdrawals & deposits | Advertised as fee-free on Fusion's side (banks/payment providers may add their own costs). Sources disagree on the minimum deposit ($0 vs. $10). Methods include cards, Neteller, PayPal, Skrill, bank wire, BinancePay and SticPay, with processing from instant up to 1-5 business days depending on method. |
| Overnight financing (swap) | Reported to use an "admin fee" model rather than a conventional nightly swap, charged only once a position has been open longer than 7 days, varying by instrument -- this specific mechanism came from a secondary source rather than Fusion Markets' own site directly, so it's worth verifying before relying on exact figures. |
| Currency conversion cost | Not found -- no specific fee or percentage was located. |
| Inactivity fee | Disputed: most recent sources say no inactivity fee is charged, while other mentions suggest a fee could apply after 6 months of dormancy. Not clearly confirmed either way. |
| Customer service | Trustpilot rates it strongly, around 4.8/5 across roughly 8,000+ reviews (about 88% five-star). Praise centers on responsive, personalized support, with some complaints about generic, "copy-paste"-style answers. |
| Mobile experience | Reported around 4.4 on Android and 4.8 on iOS across its cTrader/MT4/MT5/TradingView apps; the cTrader app is singled out for its large number of indicators and timeframes. |
| Educational offering | Explicitly noted by at least one independent reviewer as a weak point -- limited educational resources, with no dedicated academy or course content found. |
See how Fusion Markets's spread cost compares across every researched broker → · Forex broker fees explained
Is Fusion Markets regulated?
Yes -- CySEC No. 444/24 + FSA Seychelles No. SD096. See the regulation dossier on this page for the underlying licence numbers.
Is my money protected if Fusion Markets fails?
Via its CySEC-regulated Cyprus entity, eligible clients are covered by Cyprus's Investor Compensation Fund (ICF) up to €20,000 per person if the firm fails. Via its Seychelles FSA-licensed entity, there is no statutory investor compensation scheme -- if that entity fails, there is no guaranteed fund to recover client money from.
What is the minimum deposit at Fusion Markets?
Our research confirms a minimum deposit of No minimum.
What trading platforms does Fusion Markets offer?
Fusion Markets offers MT4, MT5, cTrader, TradingView.
What is Fusion Markets's average spread on EUR/USD?
Our research confirms an average EUR/USD spread of 0.9 pips. See our cost calculator to compare this across every broker we've reviewed.
When was Fusion Markets founded?
Fusion Markets was founded in 2017.
How is Fusion Markets's overall score calculated?
Fusion Markets currently scores 3.45/5 overall under our disclosed nine-category methodology -- regulation & client protection 30%, trading costs 20%, non-trading fees 10%, platforms & tools 10%, execution/trading conditions 10%, product range 5%, deposits/withdrawals 5%, transparency 5%, track record 5%. It is not a comparison to other brokers and not based on hands-on testing.
A dated log of when our own published data about this broker actually changed -- not a reconstructed history of what the broker itself did. See the full change log tool for every broker.
EU clients typically served under Central Bank of Ireland / MiFID passporting rather than a direct CySEC CIF licence -- worth confirming which entity applies to you.
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