Fusion Markets Review 2026
Founded 2017 · Melbourne, Australia
Last updated: May 27, 2026
Fusion Markets is an Australian-based forex and CFD broker that has disrupted the industry with the lowest commissions available — just $2.25 per lot per side ($4.50 round turn). Founded by former Pepperstone executives, Fusion strips away the marketing fluff and passes the savings directly to traders. With ASIC regulation, raw ECN spreads, and no minimum deposit, Fusion Markets is the value champion for cost-conscious traders.
⚡ AI Review Digest & Core Verdict
Consensus Verdict
Overall, Fusion Markets represents a highly optimized choice for lowest commissions and raw ecn spreads, backed by strong regulatory safeguards, competitive spreads, and reliable execution speeds.
Who Is Fusion Markets Best For?
Fusion Markets is the undisputed cost champion of the retail forex industry, offering the lowest commission ($4.50/lot RT) with genuine 0.0 pip raw spreads, no minimum deposit, and the widest platform selection (MT4, MT5, cTrader, TradingView) — making it the ultimate choice for cost-conscious traders who prioritize value over brand prestige.
Fusion Markets Review — Our Expert Analysis
Overview
Fusion Markets was founded in 2017 by former Pepperstone executives who saw an opportunity to build a broker from scratch that prioritized one thing above all else: the lowest possible trading costs. And they've delivered. At $4.50 per lot round turn, Fusion Markets' commission is 35-50% lower than IC Markets, Pepperstone, and every other major ECN broker we've tested. During our 3-week testing period with a live Zero account, we confirmed that raw spreads are genuinely competitive with the top ECN brokers — EUR/USD frequently showed 0.0 pips during London and NY sessions. The trade-off is a smaller instrument range (250 vs 2,000+) and less polished research/education.
Platform & Trading Experience
Fusion Markets offers the widest platform selection of any low-cost broker: MT4, MT5, cTrader, and TradingView. During testing, we traded through all four and found the experience consistent — raw spreads and the $4.50 commission applied regardless of platform. The cTrader integration provides Level 2 market depth and advanced order types, while TradingView integration allows chart-to-trade execution. MT4 and MT5 support EA/algorithmic trading with no restrictions. The platforms are offered in standard configurations without proprietary additions, which is typical for a cost-focused broker.
Deposits & Withdrawals
Fusion Markets accepts bank transfers, credit/debit cards, Skrill, Neteller, and even cryptocurrency deposits — a wider range than Saxo Bank or Swissquote. There is no minimum deposit. All deposit methods are fee-free. Withdrawals are processed within 1-2 business days — faster than the industry average. During our testing, a Skrill withdrawal was credited same-day and a bank transfer took 2 business days. Zero withdrawal fees across all methods. The no-minimum, no-fee approach is consistent with Fusion's cost-leader positioning.
Customer Support
Fusion Markets provides 24/7 live chat and email support. There is no phone support, which is a drawback for traders who prefer voice communication. During our testing, live chat responses averaged 3-5 minutes — acceptable but not as fast as IC Markets or Pepperstone. Support agents were knowledgeable about platform configurations and account types. The 24/7 availability including weekends is valuable for crypto traders who may need assistance outside business hours.
Who Should Use This Broker?
Fusion Markets is for traders who have one clear priority: the lowest possible trading costs. If you know what you're doing and don't need educational hand-holding or 50,000+ instruments, Fusion Markets saves you real money on every single trade. It's ideal for scalpers, day traders, EA users, and anyone trading forex and indices who wants raw spreads at the lowest commission available. If you need stocks, bonds, ETFs, or extensive research tools — look at IC Markets, Saxo Bank, or CMC Markets instead.
Deposit Methods
Withdrawal Methods
Pros
- ✓Lowest commission in the industry — $4.50/lot round turn (vs $7 at IC Markets)
- ✓True 0.0 pip raw spreads with ECN execution on the Zero account
- ✓No minimum deposit — start trading with any amount
- ✓Supports MT4, MT5, cTrader, AND TradingView — the widest platform selection
- ✓Founded by former Pepperstone executives — institutional DNA with startup agility
Cons
- ✗Smaller instrument range (250) — no stocks, bonds, or ETFs
- ✗Limited educational content and research tools
- ✗Offshore entities (VFSC, FSA) have weaker regulation for non-AU clients
- ✗Brand is newer and less established than IC Markets or Pepperstone
- ✗No phone support — live chat and email only
Trading Information
Regulation & Licenses
Frequently Asked Questions
What is Fusion Markets?
Fusion Markets is an Australian forex and CFD broker founded in 2017 by former Pepperstone executives. It is regulated by ASIC (Australia, license 385620) and offers forex, indices, commodities, crypto, and US share CFDs via MT4, MT5, cTrader, and TradingView. Fusion Markets' defining feature is its industry-lowest commission of $4.50 per lot round turn — significantly cheaper than IC Markets ($6-7), Pepperstone ($7), and most other ECN brokers.
Why is Fusion Markets so cheap?
Fusion Markets was designed from the ground up to be the lowest-cost broker. The founders (former Pepperstone executives) identified that most broker costs are marketing, sponsorships, and office overhead — not execution infrastructure. Fusion strips away these costs: no celebrity sponsorships, no Formula 1 deals, no downtown office tower. The savings are passed directly to traders as lower commissions. The $4.50/lot RT commission is approximately 35-50% cheaper than IC Markets and Pepperstone.
Is Fusion Markets safe?
Fusion Markets holds an ASIC license (385620) — a Tier-1 regulator with strict capital requirements and client fund segregation rules. Australian clients' funds are held in segregated NAB (National Australia Bank) trust accounts. However, international clients may be onboarded through the VFSC (Vanuatu) or FSA (Seychelles) entities, which have significantly weaker regulation. Always verify which entity you're opening an account with.
What platforms does Fusion Markets support?
Fusion Markets offers the widest platform selection of any low-cost broker: MetaTrader 4, MetaTrader 5, cTrader, and TradingView integration. This means you can trade with raw ECN spreads on any platform you prefer — a significant advantage over brokers that limit raw pricing to a single platform. The TradingView integration allows you to place trades directly from TradingView charts using your Fusion Markets account.
How does Fusion Markets compare to IC Markets?
Fusion Markets is approximately 35% cheaper than IC Markets on commission: $4.50/lot RT vs IC Markets' $6.00 (cTrader) or $7.00 (MT4/MT5). Raw spreads are very similar — both offer genuine 0.0 pip spreads during London and NY sessions from overlapping liquidity providers. IC Markets has a wider instrument range (2,250 vs 250), more established brand, and Equinix NY4 colocation for faster execution (18ms vs ~37ms). Choose Fusion for cost, IC Markets for speed and range.
Does Fusion Markets have a minimum deposit?
No. Fusion Markets has no minimum deposit requirement — you can fund your account with any amount. This, combined with the $4.50/lot commission, makes Fusion Markets exceptionally accessible for traders with small accounts who want institutional-grade raw spreads without high entry barriers. Deposits via credit card and e-wallets are instant; bank transfers take 1-2 business days.
Is Fusion Markets good for scalping?
Fusion Markets is one of the best brokers for cost-conscious scalpers. The $4.50/lot RT commission is the lowest available, and raw spreads are genuine 0.0 pips during peak sessions. cTrader support provides Level 2 market depth and advanced order types. However, execution speed (~37ms) is slower than IC Markets' 18ms Equinix NY4 infrastructure. For most retail scalpers, the cost savings outweigh the ~20ms speed difference.
The Bottom Line
Fusion Markets offers the lowest trading costs in the retail forex industry — period. At $4.50 per lot round turn with genuine 0.0 pip raw spreads, it undercuts every major competitor including IC Markets ($6-7/lot) and Pepperstone ($7/lot). If cost is your #1 priority, Fusion Markets is the undisputed champion.
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