Fusion Markets Review 2026

Fusion Markets scores 78.1 out of 100 and exists for one reason: to be the cheapest forex broker you can find. A $4.50/lot round-turn commission ($2.25 per side) on raw spreads averaging 0.02 pips on EUR/USD is genuinely hard to beat. No minimum deposit. No inactivity fee. The catch? A small instrument range (~250), only one Tier 1 regulator (ASIC), and limited research tools. If cost is your top priority and you trade forex, Fusion Markets deserves serious consideration.

Overall Score: 78.1 / 100

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Fusion Markets at a Glance

Score Breakdown

Trading Costs at 95 tells the story. No broker in our review charges less per lot. The drag on the overall score comes from Regulation at 68, because ASIC is the only Tier 1 licence and the two offshore regulators (Seychelles, Vanuatu) don't carry much weight. Education at 58 reflects thin research and learning resources.

Regulation & Safety

One Tier 1 anchor in ASIC. That's decent, but compare it to brokers like Pepperstone (ASIC + FCA + CySEC + DFSA) or IC Markets (ASIC + CySEC + FSA) and the regulatory footprint looks thin. Seychelles and Vanuatu are among the weakest offshore jurisdictions.

Founded in 2017, Fusion Markets is still a young brand. Nine years of clean operation under ASIC is a positive sign, but the company hasn't yet built the long track record that established brokers carry. Segregated client funds and negative balance protection are in place for ASIC clients.

Trading Costs

Spreads

These are some of the tightest raw spreads available anywhere. The 0.02-pip average on EUR/USD undercuts Pepperstone (0.10) and Tickmill (0.10) in our benchmarks. The Classic account also keeps spreads under 1.0 pips for EUR/USD, which is competitive for a zero-commission option.

Commissions

• Classic: $0 per lot
• Zero: $4.50 per lot round-turn ($2.25 per side)

At $4.50/lot, the Zero account is the cheapest raw-spread option in our entire review. For comparison: IC Markets charges $7, Pepperstone $7, Tickmill $6, FP Markets $6. Fusion Markets beats all of them by a clear margin.

Other Fees

• Inactivity fee: None
• Deposit fees: Free
• Withdrawal fees: Free (bank transfers may incur a small fee from the receiving bank)

Clean fee structure with no hidden charges.

Account Types

*1:30 under ASIC for retail clients, up to 1:500 on offshore entities.

Two account types. That's it. Fusion Markets doesn't try to confuse you with five tiers of increasingly premium accounts. Both have zero minimum deposit, and both offer the same platforms and instruments. Islamic swap-free accounts are available on request.

Demo accounts available with no expiry.

Trading Platforms & Tools

Fusion Markets offers MT4, MT5, cTrader, TradingView, and its proprietary Fusion+ platform.

MT4 and MT5 run standard implementations with all the usual EAs and indicators. cTrader is included, which puts Fusion Markets ahead of Tickmill (no cTrader) for algorithmic traders. TradingView integration adds strong charting capabilities.

Fusion+ is the proprietary social/copy trading platform. It's simple to use and lets you follow other traders' strategies directly. It's not as polished as eToro's CopyTrader, but it works and costs nothing extra.

The instrument range is the weak spot: roughly 250 instruments, with about 90 forex pairs. That covers forex well, but stock CFD, index, and commodity selection is limited. Multi-asset traders will feel restricted compared to BlackBull (26,000+), IC Markets (2,250+), or CMC Markets (12,000+).

VPS hosting is available through third-party providers at discounted rates.

Final Verdict

Fusion Markets is built around a single proposition: pay less to trade. And it delivers on that promise better than any other broker we've reviewed. The $4.50/lot commission paired with near-zero raw spreads makes it the cheapest option for forex-focused traders.

But cheap isn't everything. The regulatory profile is thinner than competitors with multiple Tier 1 licences. The instrument range won't satisfy anyone who wants to trade shares, ETFs, or a wide range of commodities. And the educational content is bare-bones.

For experienced forex traders who know what they're doing and want to minimize costs, Fusion Markets is a strong pick. Beginners or multi-asset traders should look elsewhere.

It ranks #1 for low spread brokers on cost alone and is a strong contender for scalping.

Compare Fusion Markets with other brokers | See our low spread broker rankings