¿Es Fusion Markets legítimo, seguro y regulado?
We consider Fusion Markets a legitimate broker. It has held an Australian license since 2017, keeps client funds in segregated escrow accounts, and has a high rating based on thousands of reviews on Trustpilot. We have opened four accounts with Fusion over the years and traded on each of its platforms, so our verdict is based on real-world experience. However, being ‘legitimate’ and being ‘safe for you’ are not the same thing: the protection you receive depends on which entity you register with.
Christian Harris
Christian es un analista experimentado, aprovechando su experiencia en acciones, forex y cripto para evaluar brókers en todo el mundo. Con experiencia práctica en trading y un fuerte enfoque en la gestión de riesgos, ayuda a los traders a encontrar plataformas confiables. El trabajo de Christian para BrokerListings.com ha sido citado en el Financial Times.
Christian Harris Página de PerfilTobias Robinson
Tobias está comprometido a ayudar a los traders a encontrar el bróker adecuado para sus necesidades. Ha probado más de 200 brókers, ha pasado más de 2,600 horas utilizando diferentes plataformas y ha realizado más de 2,100 operaciones.
Tobias Robinson Página de PerfilJames Barra
James es un analista de bróker experimentado con experiencia en servicios financieros. Ha pasado más de 2,500 horas probando brókers, ha utilizado más de 35 plataformas y aplicaciones diferentes, ha auditado más de 120 términos y condiciones de brókers, y ha verificado más de 300 licencias regulatorias. James también ha aparecido en la TV de EE. UU., Reino Unido y Alemania, y ha sido invitado en pódcast de finanzas, discutiendo informes realizados por BrokerListings.com y compartiendo su experiencia.
James Barra Página de PerfilAugust 10, 2026
Why We Rate Fusion Markets as Legitimate
- Top-tier license: Your Australian entity holds an ASIC license through FMGP Trading Group Pty Ltd, which is in our highest regulator tier. Fraudulent brokers almost never have a Category A license.
- Segregated customer funds: Customer money is held separately from the company’s own funds at National Australia Bank, one of Australia’s largest banks (for Australian customers). This means your balance should be protected against misuse by the company.
- Independent reviews align with our experience: Fusion Markets’ high Trustpilot rating from over 8,000 reviews matches what we’ve seen while using it. Most of the praise is for the tight spreads, low fees, and fast withdrawals.
- Our live tests went well: We funded real Fusion Markets accounts , traded forex, indices, and commodities, and contacted support over 100 times in recent years. Deposits, withdrawals, and trade execution worked as promised.
- The pricing is clear: Both the $2.25 per side commission and the Classic spread-only pricing are displayed before you sign up. We didn’t find any hidden deposit, withdrawal, or inactivity fees from Fusion Markets itself.
- Proven track record: Fusion Markets started in Melbourne in 2017 and now serves traders in around 180 countries. Scam brokers usually disappear after a few weeks or months, but Fusion has lasted for many years.
Is Fusion Markets Regulated?
Fusion Markets operates three regulated entities. Where you live determines which one you trade under, and that single fact underpins almost the entire image of security. The table below shows each entity, its license, and the regulator under which we classify it.
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Regulator
Entity
Regulator Category
License Verification
Australian Securities and Investments Commission (ASIC)
FMGP Trading Group Pty Ltd — Australian entity holding a financial services license, with the strongest retail safeguards in the group
Category A
AFSL 385620
Financial Services Authority of Seychelles (FSA)
Fusion Markets International Ltd — offshore entity used for many international clients, with lighter formal protections and no investor compensation scheme
Category C
Securities Dealer SD096
Vanuatu Financial Services Commission (VFSC)
Gleneagle Securities Pty Limited — offshore entity used for some global clients depending on the registration route, again with no compensation scheme
Category C
License 40256
Our regulator rating (A to C) is based on the BrokerListings.com trust scoring system.

Here’s the key point: Australian clients who register under the ASIC entity get leverage limits up to 1:30, negative balance protection, margin closure rules, and access to Australia’s dispute resolution system. Clients under the Seychelles or Vanuatu branches get higher leverage (up to 1:500) but significantly less protection.
Security Points to Consider Before Registering
We consider Fusion Markets reliable for our target traders, but remember that no broker offering leverage is risk-free. Here are some important points to keep in mind:
- Offshore protection is limited. If you end up with the Seychelles or Vanuatu entity, you won’t have the same safeguards as an ASIC-level fund. Higher leverage can either help or hurt, and there’s no compensation for investors if something goes wrong.
- Fusion is not a bank and is not publicly traded. It does not have a banking license or list on the stock exchange, so you don’t get the additional oversight or public financial reporting that brokers like Plus500 provide.
- India has flagged Fusion . In November 2025, the Reserve Bank of India added Fusion Markets to its Alert List of unauthorized forex platforms. We cover this in more detail in the India section below.
- Canada has also flagged Fusion . In February 2026, the Alberta Securities Commission warned that Fusion Markets is not registered to trade securities or derivatives in Alberta.
- There is a risk of clones. The Seychelles regulator warned that another company was misusing Fusion Markets’ license number SD096. Always make sure you are on the official website before depositing any money.
- Most retail CFD traders lose money. This is true across the industry and also applies to Fusion Markets. Tight spreads don’t change your odds, so manage your risk carefully.
Quick Way to Confirm You’re on the Real Fusion Markets
This is the type of broker where an incorrect registration link genuinely changes your protections, so perform this check:
- Type the official website address yourself instead of clicking on ads or email links. Be wary of similar-looking sites like fusionmarkets.co , fusion-markets.com , or fusionmarketsfx.com .
- Scroll to the website footer and check the legal entity name. Australians should see FMGP Trading Group Pty Ltd and the ASIC details, not an offshore company.
- Copy the license number from the footer and verify it in the regulator’s official registry using the links above. Don’t rely solely on the footer text, as fake sites may copy it.
- If you’re traveling or using a VPN, double-check the broker’s website. Broker websites often redirect you based on your location, which can affect which broker you register with.
