Fusion Markets Review (Lowest Cost Broker?)

Fusion Markets is an Australian broker founded in 2019 by a team of former IC Markets and Pepperstone employees. Despite being newer, it has quickly gained a reputation for having the lowest trading commissions in the retail forex industry. If trading cost is your priority, Fusion is hard to beat.

Regulation

• ASIC (Australian Securities and Investments Commission) — tier-1 regulation for Australian clients. Strong protection.
• VFSC (Vanuatu Financial Services Commission) — offshore regulation for non-Australian clients. Weaker than ASIC but still legitimate.
• Most international traders are onboarded under the VFSC entity. This means less regulatory protection than ASIC. Verify which entity you are signing up with.
• Not available to EU traders under a European regulator. EU traders needing MiFID II protection should consider IC Markets instead.

Trading costs

• Raw spread account (Zero account): spreads from 0.0 pips + $2.25 commission per side ($4.50 round turn per lot). This is the lowest commission among all major retail brokers.
• Classic account: no commission, spreads from ~0.8 pips on EUR/USD.
• Swap fees: standard industry rates. Islamic accounts available.
• No deposit or withdrawal fees.
• No inactivity fees.
• Total cost on EUR/USD (Zero account): typically 0.5-0.7 pips all-in — consistently the cheapest.

Platforms

• MetaTrader 4: fully supported with all standard features.
• MetaTrader 5: fully supported with all standard features.
• TradingView: Fusion Markets offers direct TradingView integration, allowing you to trade directly from TradingView’s charts. This is a significant advantage if you prefer TradingView’s charting over MetaTrader.
• cTrader: fully supported — desktop, mobile, and web. Fusion is one of the few brokers offering cTrader alongside TradingView.

Minimum deposit

• $0 — no minimum deposit at all. You can start with any amount. This removes the barrier for beginners who want to test with real money.

Pros

• Lowest commissions in the industry — $2.25 per side saves significant money over time.
• $0 minimum deposit — start with any amount.
• TradingView integration — trade directly from the best charting platform.
• Fast execution — built by former IC Markets/Pepperstone staff who understand what traders need.
• No inactivity fees, no withdrawal fees.
• Simple, no-nonsense approach — fewer gimmicks, lower costs.

Cons

• VFSC regulation for most international clients — weaker than ASIC. Less protection if something goes wrong.
• No CySEC/EU regulation — not ideal for EU traders who want MiFID II protection.
• No cTrader — only MT4, MT5, and TradingView.
• Newer broker (founded 2019) — less track record than IC Markets (2007) or established names.
• Smaller operation — may have less liquidity depth than the biggest brokers during extreme volatility.

Who Fusion Markets is for

• Cost-conscious traders — if minimizing trading costs is your number one priority, Fusion is the clear winner.
• TradingView users — the only broker among our reviewed three that offers TradingView integration.
• Beginners with small capital — the $0 minimum deposit means you can start with $50 or $100.
• Frequent traders — the commission savings add up significantly over hundreds of trades per month.

Who should look elsewhere

• EU traders who need MiFID II/CySEC protection — consider IC Markets.
• Traders who want cTrader — IC Markets is the better choice.
• Traders who prioritize maximum regulatory protection over cost savings — ASIC (for Australians) is strong, but VFSC (for everyone else) is weaker.

Open an account with Fusion Markets (partner link)