Fusion Markets

Fusion Markets is a forex and CFD broker founded in 2020 in Australia, whose founders have more than 50 years of combined experience in this market. Fusion Markets is known for very low trading costs, no minimum deposit and a variety of platforms, and it has a high credibility score, but it does not officially serve residents of Iran. In this overview, we review Fusion Markets based on Teagle's data.

What kind of broker is Fusion Markets?

Fusion Markets has about 6 years of history and provides access to more than 250 global markets, including over 90 forex currency pairs, metals, indices, commodities, crypto and US stocks. Instant verification, copy trading, ECN account, scalping and hedging, Expert Advisors, news trading and phone trading are listed in Teagle's tags for it, and 24-hour support is also among its stated advantages. Teagle's expert considers Fusion "one of the most competitive brokers in the world" because of its focus on reducing costs.

Fusion Markets licenses and credibility

Teagle's license list records three active licenses for Fusion Markets:

• ASIC Australia (AFSL No. 385620), active; a top-tier regulator;
• FSA Seychelles (No. SD096), active; an offshore license;
• VFSC Vanuatu (No. 40256), active; offshore and in a weak regulatory tier.

Having ASIC is an important strength, but as with most multi-licensed brokers, the level of protection depends on the entity that opens your account, and international clients usually deal with the offshore entities. To understand this difference, read the article What are offshore and onshore brokers .

Does Fusion Markets serve Iranians?

No. Based on regulatory rules and international sanctions, Fusion Markets has explicitly stated that it cannot accept clients from Iran; the same restriction applies to Afghanistan, Iraq, Syria, North Korea and the United States. It also has no Persian website or support. For this reason, Teagle's expert does not consider it a suitable option for users inside Iran. On the risks of working with such brokers, see the article Brokers prohibited for Iranians and how to choose a safe broker .

Fusion Markets trading accounts

None of Fusion Markets' three accounts has a minimum deposit, and all have floating spreads, leverage up to 1:500, a 100% margin call and a 50% stop-out, with no requotes:

• ZERO account: spreads from zero and a commission of $4.5 per lot ($2.25 per side); the choice for scalpers and Expert Advisor users.
• CLASSIC account: commission-free with spreads from 0.9 pips.
• Swap free account: commission-free, spreads from 1.4 pips and access to more than 50 popular symbols. No swap is charged for up to 7 days, and an administrative fee is charged only if a position stays open for more than 7 consecutive days.

The $4.5 commission on the ZERO account is among the lowest among major brokers; to compare the real cost, see An introduction to ECN accounts and a comparison with other accounts . This broker does not offer a cent account, and the number of stock symbols is limited.

Fusion Markets platforms and services

Platform variety is one of Fusion's strengths: MetaTrader 4, MetaTrader 5, cTrader and TradingView. We have explained the general way to connect an account to TradingView in How to connect a broker account to TradingView . Teagle's expert considers this broker's low-latency technical infrastructure a standout for Expert Advisors and trading bots . Additional services include a proprietary copy trading system, social trading, PAMM, VPS, an IB program, education, an economic calendar, calculators, a specialist glossary, cashback, rebates and bonuses; follow active bonuses on the broker bonuses page .

Deposits and withdrawals at Fusion Markets

Fusion charges no fees for deposits and withdrawals (only network fees for crypto) and offers a variety of methods: Skrill, Neteller, PayPal, MiFinity, Jetonbank, BinancePay, Visa and Mastercard cards, crypto, international SWIFT transfers and local methods such as Pix, PayID and Interac. The minimum deposit is $10 for most methods, $20 for BinancePay and $1 for Pix and PayID. The minimum withdrawal is usually $10, and $35 for SWIFT. Withdrawals via e-wallets and crypto are instant, via local bank 1 to 2 days, and via SWIFT 3 to 5 business days.

Fusion Markets score and risk on Teagle

Fusion Markets' final score on Teagle is 4.47 out of 5, derived from three sources: Trustpilot 4.8, Forex Peace Army 4.46 and WikiFX 4.15; Teagle user ratings have not yet been recorded. The Teagle Eye risk index for this broker is 23 out of 100, in the "low to medium risk" category; its licenses and high credibility scores have lowered it, while its 6-year history has raised it slightly. See its position in the low-spread broker rankings .

Pros and cons of Fusion Markets

• Pro: very low trading costs and no minimum deposit
• Pro: fee-free deposits and withdrawals and fast withdrawal processing
• Pro: platform variety (MT4, MT5, cTrader and TradingView) and an ASIC license
• Con: no services for residents of Iran
• Con: no Persian language or support
• Con: no cent account and a limited number of stock symbols

Who is Fusion Markets suitable for?

In the view of Teagle's expert, Fusion Markets is ideal for active traders, scalpers, day traders and Expert Advisor users, and its Islamic account is useful for those who do not want to pay overnight interest. Residents of Iran and complete beginners without risk management knowledge should not open a live account with it. If you are outside Iran, weigh it against an Australian rival in the Fusion Markets vs FP Markets comparison .

Conclusion

Fusion Markets is top-tier in terms of costs and technical features, but it has officially excluded Iran from its service list. If you are permitted to use it, first practice on a demo account, start with a small amount, make a test withdrawal and follow the investment risk warnings .