Fusion Markets — where it wins, where it loses
Fusion Markets wins on entry cost. It loses on published spread. Its cost per ten lots is not confirmed, so it is left out of the cost ordering rather than estimated.
Column by column
The split
Two lists, no averaging. A broker that takes a column outright appears on the left of it; one that gets beaten on a column appears on the right. Nothing is scored into a single number, because a single number hides which side you actually care about.
Wins on
- entry cost
Loses on
- published spread
Cost per 10 lots is the EUR/USD spread cost of ten round-turn standard lots at the figure above, commission excluded. Where a broker publishes a "from" spread rather than an average, the comparison inherits that limitation — see the unconfirmed list further down.
Licensing
Which entity, which regulator, which number
Tier decides how much weight a licence carries in any safety column. Each row links to the page it was read from.
| Regulator | Number | Jurisdiction | Tier | Entity | Read from |
|---|---|---|---|---|---|
| ASIC | AFSL 385620 | Australia | Tier 1 | FMGP Trading Group Pty Ltd | fusionmarkets.com |
| FSA Seychelles | SD096 | Seychelles | Tier 3 | Fusion Markets International | fusionmarkets.com |
| VFSC | 40256 | Vanuatu | Tier 3 | Gleneagle Securities Pty Limited | fusionmarkets.com |
Checkable
Facts the comparison runs on
On the record
- Fusion Markets states client monies are held in segregated client trust accounts with National Australia Bank.
- The Classic account quotes spreads from 0.9 pips with no commission and no minimum account size; the Zero account quotes from 0.0 pips plus commission.
- Non-Australian clients are onboarded through the Seychelles (SD096) or Vanuatu (VFSC 40256) entities.
- The company was founded in 2017 and began serving clients in 2019.
- ABN Lookup's current details for ABN 74 146 086 017 identify FMGP TRADING GROUP PTY LTD as the active entity and list the business names Global Prime from 15 August 2023 and Fusion Markets from 4 September 2023 (https://abr.business.gov.au/ABN/View/74146086017).
| Trading since | 2017 |
|---|---|
| Base | Melbourne, Australia |
| Minimum to open | None |
| Leverage cap | 1:30 retail under ASIC; up to 1:500 under offshore entities |
| EUR/USD | not verified |
| Terminals | MT4, MT5, cTrader, TradingView, DupliTrade |
| Account tiers | Zero, Classic |
| Markets | Forex, Indices, Commodities, Metals, Shares, Crypto CFDs |
| Record confidence | medium |
| Matchup-ready | no — too many gaps to run a fair head-to-head |
Excluded from the maths
Not verified
Not verified
These fields are not confirmed. They are shown as gaps, not filled in, and they do not feed any column of the matrix:
- exact commission per lot on the Zero account
- maximum leverage per offshore entity
- whether the ASIC licence is held by FMGP Trading Group Pty Ltd or a related Gleneagle entity
- typical EUR/USD spread (source only gave an advertised 'from 0.0' raw-account figure)
Costs less
Who beats Fusion Markets on price
Tickmill
$10.00 per 10 lots · wins on headline spread, platform choice
Eightcap
$10.00 per 10 lots · wins on regulatory reach
JustMarkets
$30.00 per 10 lots · wins on headline spread
CMC Markets
$50.00 per 10 lots · wins on headline spread, no minimum deposit, regulatory reach, platform choice
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74% and 89% of retail investor accounts lose money. Verify every figure with the broker before opening an account.