Is Fusion Markets Scam or Legit Broker?

Fusion Markets is not a safe broker as it does not hold any serious license. On its website the broker mentions its license from a leading authority – ASIC. However, on the regulator’s website, there is no information about Fusion Market registration. This means, that the information is incorrect and the broker has only an offshore license – the Vanuatu Financial Services Commission (VFSC).

  • However, the Vanuatu Financial Services Commission is an offshore zone and sets very low requirements with very small costs, and almost does not oversee the company operation further on. So, we do not recommend traders to trust their funds to a broker holding an offshore license.
About Fusion Markets
🗺️ Registered inVanuatu
🗺️ Type of LicenseOffshore License
🛡️ Is Fusion Markets safe to trade?No
🗺️ Recommended LicensesFCA in UK 🇬🇧 & ASIC in Australia 🇦🇺
🖥 Alternative BrokerFP Markets - licensed by ASIC in Australia

What is Fusion Markets?

Fusion Markets is a forex broker, offering also CFDs trading. It was founded by veterans of the Australian forex industry.
Fusion Markets is a trading name of Gleneagle Asset Management Limited, (ABN 29 103 162 278).

  • On its website, the broker mentions its ASIC license with a 226199 registration number. However, we couldn’t find any registration information on the authority’s website.
  • This leaves the broker with only the Vanuatu Financial Services Commission (VFSC) license, which is an offshore zone.
  • Besides, there are many customers’ complaints about the broker’s withdrawal process mainly. Based on this and the issues with safety and regulation, we do not recommend trusting funds to the broker.

Fusion Markets

Overall Fusion Markets Ranking

During our research we found issues regarding Fusion Markets safety and regulations, thus we do not rank positively Fusion Markets, based on our Expert Opinion with over 10 Years of experience in Forex Trading.

  • Fusion Markets Overall Ranking is 4 out of 10 based on our testing and compared to 500 other brokers, see Our Ranking below compared to other popular and industry Leading Brokers.
RankingFusion MarketsGo MarketsHFM
Our Ranking⭐⭐⭐⭐⭐⭐⭐⭐⭐⭐
Is Broker safe? NoYesYes
AdvantagesNoneTrading ConditionsTrading Instruments

Fusion Markets Alternative Brokers

Based on our finds and issues with the safety of Fusion Markets here are much better Alternatives to Fusion Markets with good regulations and excellent conditions. We select Good Brokers and reliable options for your comparison below: 

Deposits and Withdrawals

There are no deposit fees at Fusion Markets. It is possible to fund the accounts with multiple options, including Bank transfers, credit/debit cards, as well as electronic wallets such as PayPal, Neteller, or PerfectMoney.

  • Bank transfers can take up to several days, whereas a credit/debit card payment is instant.
  • Traders can deposit money only from trading accounts under their names.

Fusion Markets Review Conclusion

We always recommend avoiding offshore and non-regulated entities. We advise firms to trade and invest only with brokers that are regulated by reputable authorities alike UK’s FCA, Australian ASIC, or other similar regulators, that provide compensation and are strictly supervised. We advise signing in with reliable brokers such as BlackBull Markets, XM, and BDSwiss

  • Overall ranking and experience for Fusion Markets is Negative

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