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Fusion Markets

4.8Trustpilot (9,631)Based in AustraliaChecked 20 Sep 2026
Withdrawal scorehow easily your money comes back
EUR/USD cost rank#1 of 5cheapest is #1
Gold cost rankNot rankedgold spread unit not published
What's inside the withdrawal score ▾
Cost of getting your money out12/30
How fast it arrives25/25
Ways to withdraw10/10
Charges for leaving the account aloneNot published
Review signal25/25

Costs and conditions at a glance

EUR/USD, 1 lot round turn$4.60Zero Account: 0.01 pips + $4.50
Gold, a month of intraday tradingNot comparablegold spread unit not published
Highest gold leverage1:500FSA (Seychelles)
Regulated companies3leverage differs between them
HedgingAllowed
ScalpingAllowed
Swap-free on goldCharged on gold
Accounts2Zero Account, Classic Account

EUR/USD cost against other brokers

1 lot, round turn · shorter bar = cheaper
EUR/USD round-turn cost per lot, by broker

Gold leverage, company by company

You get the leverage of the company you sign up with
Fusion Markets gold leverage by regulated company
FSA (Seychelles)Fusion Markets International1:500
VFSC (Vanuatu)Gleneagle Securities Pty Limited1:500
ASICFMGP Trading Group Pty Ltd1:20

What we checked for Fusion Markets

Last checked 20 Sep 2026
40rules and facts recorded
31quotes from its own site
10of its pages read
15things it doesn't publish

Every figure on this page links to the Fusion Markets page it came from. Where Fusion Markets publishes nothing, we say so and score it zero.

Costs by market

One benchmark instrument per market, in Fusion Markets's own units and on its own basis. Metals are below.

Global pages read live on 27 September 2026. The ASIC entity's leverage table is from the Internet Archive's copy of fusionmarkets.com.au/Trading/Trading-conditions dated 19 May 2026 (the .com.au site redirects to the global site from outside Australia). Spread averages are Fusion's own, for 1 to 5 June 2026.

Forex

EURUSD
Zero Account0.01 pips spreadaverage, 1–5 June 2026 (minimum 0.00)The trading-conditions page loads this table from a Google Sheet Fusion publishes itself (output=tsv); the quote is that row as the page receives it. Columns are spreadMin then spreadAvg per the sheet's header row.$4.5 commission, round turn
Source
“CURRENCY {{SYMBOL_EUR_USD}} {{PRODUCT_EUR_USD}} {{ASSET_CLASS_CURRENCY}} 0.00 0.01”
Trading conditions · all trading products
“**Average Spreads from 1st to 5th of June 2026. The above table is measured in pips with the exception of Indices, US Stocks and Cryptocurrencies.”
What the averages cover
Classic Account0.92 pips spreadaverage, including commission (Fusion's own stated figure)Fusion's rule (Zero average + 0.9) applied to its own 0.01 gives 0.91; its stated EURUSD figure is 0.92. We use the stated figure.No commission
Source
“On our Classic account, the average spread for currency pairs such as EURUSD is 0.92, including commissions.”
Classic Trading Account
“Please note that the average spreads mentioned in our product list are applicable to the Zero account. To obtain the average spreads for your Classic account, you need to add the spread rate indicated on the product list to 0.9.”
Classic Trading Account
Leverage · FSA (Seychelles)1:500
Source
“["Forex & Metals","1:500","90%","20%"]”
Margins and leverage
Leverage · VFSC (Vanuatu)1:500The global table is not labelled by entity; it serves both offshore entities, as in the gold record.
Source
“["Forex & Metals","1:500","90%","20%"]”
Margins and leverage
Leverage · ASIC1:30
Source
“["Major Forex","1:30","100%","50%"]”
Margins and leverage (Australia, ASIC Retail)

Indices

US500
Zero Account0.31 (no unit given) spreadaverage, 1–5 June 2026 (minimum 0.3)The trading-conditions page loads this table from a Google Sheet Fusion publishes itself (output=tsv); the quote is that row as the page receives it. Fusion says indices are the exception to its pip unit but does not say what they are in (index points is the natural reading).No commission
Source
“INDICES {{SYMBOL_US500}} {{PRODUCT_US500}} {{ASSET_CLASS_INDICES}} 0.3 0.31”
Trading conditions · all trading products
“**Average Spreads from 1st to 5th of June 2026. The above table is measured in pips with the exception of Indices, US Stocks and Cryptocurrencies.”
What the averages cover
Classic AccountSpread not publishedFusion prints no Classic US500 spread. Its “add 0.9” rule is written for its pip-quoted products; for US500, which it charges no commission on at Zero and does not quote in pips, applying it is not supported by anything Fusion publishes, so no figure is given.No commission
Source
“Zero Commissions | Pay no commissions when you trade equity indices.”
Equity indices
Leverage · FSA (Seychelles)1:100
Source
“["Indices","1:100 (Fixed)","90%","20%"]”
Margins and leverage
Leverage · VFSC (Vanuatu)1:100
Source
“["Indices","1:100 (Fixed)","90%","20%"]”
Margins and leverage
Leverage · ASIC1:20
Source
“["Indices","1:20","100%","50%"]”
Margins and leverage (Australia, ASIC Retail)

Energies

XTIUSD
Zero Account2.86 pips spreadaverage, 1–5 June 2026 (minimum 1)The trading-conditions page loads this table from a Google Sheet Fusion publishes itself (output=tsv); the quote is that row as the page receives it. Commodities fall under the “measured in pips” note, but Fusion never defines an oil pip, so this cannot be turned into dollars from Fusion's own pages.No commission
Source
“COMMODITIES {{SYMBOL_XTI_USD}} {{PRODUCTS_XTI_USD}} {{ASSET_CLASS_COMMODITIES}} 1 2.86”
Trading conditions · all trading products
“**Average Spreads from 1st to 5th of June 2026. The above table is measured in pips with the exception of Indices, US Stocks and Cryptocurrencies.”
What the averages cover
Classic AccountSpread not publishedFusion prints no Classic oil spread. Its “add 0.9” rule exists to fold the Zero commission into the spread, and oil carries no commission at Zero, so applying it here is not supported.No commission
Source
“With $0 brokerage commissions”
Energy and soft commodities
Leverage · FSA (Seychelles)1:500
Source
“["Energy","1:500","90%","20%"]”
Margins and leverage
Leverage · VFSC (Vanuatu)1:500
Source
“["Energy","1:500","90%","20%"]”
Margins and leverage
Leverage · ASIC1:10
Source
“["Energy","1:10","100%","50%"]”
Margins and leverage (Australia, ASIC Retail)

Crypto

BTCUSD
Zero Account18.97 (no unit given) spreadaverage, 1–5 June 2026 (minimum 14)The trading-conditions page loads this table from a Google Sheet Fusion publishes itself (output=tsv); the quote is that row as the page receives it. Crypto is excluded from the pip unit and no other unit is given. Fusion's translation sheet renders the symbol as “BTC/USD”.No commission
Source
“CRYPTOCURRENCIES {{SYMBOL_BTC_USD}} {{PRODUCT_BTC_USD}} {{ASSET_CLASS_CRYPTOCURRENCIES}} 14 18.97”
Trading conditions · all trading products
“**Average Spreads from 1st to 5th of June 2026. The above table is measured in pips with the exception of Indices, US Stocks and Cryptocurrencies.”
What the averages cover
“With Bitcoin spreads from 0.04% and ETH spreads from 0.09%”
Crypto CFDs
Classic AccountSpread not publishedFusion prints no Classic BTCUSD spread. Its “add 0.9” rule is written for its pip-quoted products; for BTCUSD, which it charges no commission on at Zero and does not quote in pips, applying it is not supported by anything Fusion publishes, so no figure is given.No commission
Source
“we have waived all commission fees for Crypto CFD traders”
Crypto CFDs
Leverage · FSA (Seychelles)1:10
Source
“["Crypto","1:10 (Fixed)","90%","20%"]”
Margins and leverage
Leverage · VFSC (Vanuatu)1:10
Source
“["Crypto","1:10 (Fixed)","90%","20%"]”
Margins and leverage
Leverage · ASIC1:2
Source
“["Crypto","1:2","100%","50%"]”
Margins and leverage (Australia, ASIC Retail)

Stocks

AAPL
Zero Account0.04 (no unit given) spreadaverage, 1–5 June 2026 (minimum also 0.04)The trading-conditions page loads this table from a Google Sheet Fusion publishes itself (output=tsv); the quote is that row as the page receives it. US stocks are excluded from the pip unit; read as price it is 4 cents a share. US share CFDs are MT5 only.No commission
Source
“US_STOCK {{SYMBOL_APPLE}} {{PRODUCT_APPLE}} {{ASSET_CLASS_US_STOCK}} 0.04 0.04”
Trading conditions · all trading products
“**Average Spreads from 1st to 5th of June 2026. The above table is measured in pips with the exception of Indices, US Stocks and Cryptocurrencies.”
What the averages cover
Classic AccountSpread not publishedFusion prints no Classic AAPL spread. Its “add 0.9” rule is written for its pip-quoted products; for AAPL, which it charges no commission on at Zero and does not quote in pips, applying it is not supported by anything Fusion publishes, so no figure is given.No commission
Source
“Share CFDs allow you to go both long and short in some of the biggest US companies, with $0 commissions.”
US share CFDs
Leverage · FSA (Seychelles)1:20
Source
“["US Shares","1:20 (Fixed)","90%","20%"]”
Margins and leverage
Leverage · VFSC (Vanuatu)1:20
Source
“["US Shares","1:20 (Fixed)","90%","20%"]”
Margins and leverage
“US_STOCK {{SYMBOL_APPLE}} … {{vfsc_doc:20:1}} {{asic_doc:5:1}}”
Trading conditions · all trading products
Leverage · ASIC1:5
Source
“["US Shares","1:5","100%","50%"]”
Margins and leverage (Australia, ASIC Retail)

Compare with other brokers

Cheapest on gold$600/ mo
TickmillRaw Account
1:1000 to 1:10 by size · FSA (Seychelles)Raw plus commission
Gold spread$0.09 an ounce$15 a round turn
Show the maths

How the intraday cost is worked out

Spread$0.09 an ounce × 100 oz$9

Commission, round turn$6

One round turn$15

Intraday trades a month40

Gold Cost Index · one lot a month$600

See Tickmill costs
#2$640/ mo
IC MarketsRaw Spread
1:2000 to 1:100 by size · FSA (Seychelles)Raw plus commission
Gold spread$0.09 an ounce$16 a round turn
Show the maths

How the intraday cost is worked out

Spread$0.09 an ounce × 100 oz$9

Commission, round turn$7

One round turn$16

Intraday trades a month40

Gold Cost Index · one lot a month$640

See IC Markets costs
#3$760/ mo
PepperstoneRazor
1:200 · SCB (Bahamas)Raw plus commission
Gold spread$0.12 an ounce$19 a round turn
Show the maths

How the intraday cost is worked out

Spread$0.12 an ounce × 100 oz$12

Commission, round turn$7

One round turn$19

Intraday trades a month40

Gold Cost Index · one lot a month$760

See Pepperstone costs
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