Independent broker review
Fusion Markets Review 2026
- ASIC
- FSA Seychelles
- VFSC
Fusion Markets is an Australia-founded low-commission ECN-style broker with ASIC AFSL 385620 plus international FSA Seychelles and VFSC entities.
Last verified How we score brokers
Pros, cons and who it is not for
Pros
- Holds at least one tier-1 licence (FCA, ASIC, CySEC, DFSA, CFTC/NFA or FMA).
- Multiple legal entities are documented, so you can match the company in the client agreement.
- Advertises raw / 0.0-pip pricing on at least one account path.
- Published minimum deposit is $0, which is usable for a small live test.
- Islamic / swap-free accounts are published as available in supported regions.
Cons
- At least one offshore entity is in the group. Protection and leverage follow that company, not the brand name.
- Retail leverage is capped near 1:30 on the UK/EU/AU-style entities listed here.
Usually not for
- US residents who need a CFTC/NFA retail forex broker.
Licenses and Legal Entities
Match the legal entity and license number below against the account agreement before you deposit.
Platform coverage
Schematic frames of the published platform stack. These are not live account captures and do not show profits, balances or fills.
Broker overview
Trading platforms
MetaTrader 4, MetaTrader 5, cTrader and TradingView where offered.
Investor protection
ASIC clients follow Australian retail CFD rules and AFCA dispute access. FSA Seychelles and VFSC accounts do not have FSCS/ICF-style compensation.
Regional coverage
Australian residents should confirm the AFSL 385620 company. Many international clients are onboarded under offshore entities with higher leverage and weaker protection.
Key features
- FMGP Trading Group Pty Ltd AFSL 385620
- Published low USD round-turn commission on raw accounts
- No minimum deposit on the Australian product pages
- MT4/MT5 focus for active FX traders
Verification log
Dated checks on this profile. 2026 is the first published score year.
- Published the 2026 8-pillar score for Fusion Markets. This is the baseline year — earlier ranks are not backfilled.
- Directory entity check: licences, legal names and register URLs re-verified on this profile.