is Fusion Market regulated?

By VIRGILIO JR CADAING CONSTANTINO, from Philippines, January 21, 2022 at 02:21 PM

would like to inquire if fusion market is duly licensed FX broker


Fusion Markets seems to be a trading name of Gleneagle Asset Management Limited, a regulated entity with a license from a top-tier Australian authority ASIC. However, there is also an additional entity Fusion Markets serves is located in Vanuatu. Being an offshore zone Vanuatu does not define strict obligations to its financial registered firms, which may be a risky investment in case firm is only based there. Therefore, we advise to be more attentive and find out under which entity you are going to be registered.

If you still have doubts about this broker, we recommend you checking our Regulated Brokers List where you can find Australian brokers without additional offshore licenses.

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