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Fusion Markets: platform-specific commissions, funding and Seychelles account terms

A reference to Zero and Classic accounts, cTrader commission units, share CFD and copy-trading charges, payment minima, the Seychelles inactivity clause and Fusion’s discretionary negative-balance policy.

By FXBrokers editorial deskOperating status: ActiveSources checked Published Updated
Profile scope

Trading tables describe the published international offering. Detailed client-money, inactivity and close-out terms are scoped to Fusion Markets International Ltd in Seychelles. Australian retail terms are a separate route.

  • MetaTrader Zero quotes USD 4.50 per standard lot round turn; cTrader starts its commission in the traded instrument’s base currency.
  • The Seychelles agreement reserves an inactivity charge of up to USD 10 annually after 12 months without transactions.
  • The July 2026 negative-balance policy is a discretionary waiver for eligible accounts, with written notification and exclusions.
  • The 2024 monthly-volume figure is a company-reported historical activity measure, not revenue or client money.

Fusion Markets combines two main pricing models with several platform routes. The distinction that changes an invoice is the commission basis: MetaTrader quotes a dollar amount per lot, while cTrader calculates its charge from traded notional in the instrument’s base currency. This profile uses the international account menu and examines the Seychelles client agreement for the contractual detail.[1][2][3][8]

Broker essentials01

Company and service reference

Company and service reference
MeasureValueContext
OriginsFounded in Melbourne in 2019Source 19
LeadershipPhil Horner, founder and CEOSource 18
Main account modelsZero and ClassicSource 1Source 2
Initial account balanceNo minimum account sizePayment methods can impose their own minimum deposit.Source 1
Support24 hours a day, seven days a weekSource 1
International contract examinedFusion Markets International Ltd, SeychellesSource 8

Accounts and commission mechanics

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Account comparison02

Two pricing models

Two pricing models
AccountPublished charging modelPractical difference
Zero on MetaTraderSpreads from 0.0 pips; USD 2.25 per lot per sideUSD 4.50 round turn for one standard lot, plus spread.Source 1
ClassicSeparate commission included in spreadPublished FX rule: Zero spread plus 0.9 pips.Source 2
Zero on cTrader2.25 per 100,000 traded notional per sideCharge starts in traded base currency, then converts to account currency.Source 3
Swap-free optionSelected instruments; administration fee after seven daysSeparate eligibility and instrument schedule; no mixing with swapped accounts.Source 16

The smallest account is not necessarily the smallest trade. Fusion’s account pages permit micro-lot forex trading, but minimum order sizes and contract multipliers differ across the product list. Account approval and funding also remain separate: a zero account minimum does not remove the minimum imposed by a card, bank or wallet provider.[1][5]

Pricing & charges03

Worked transaction costs: equal-size FX examples

Worked transaction costs: equal-size FX examples
IllustrationOpening and closing commissionSpread component
MetaTrader Zero: EUR 100,000 EUR/USDUSD 2.25 each side; USD 4.50 totalAt an assumed 0.2-pip spread: USD 2; combined USD 6.50.Source 1
MetaTrader Classic: same EUR/USD sizeNo separate commissionAssumed Zero 0.2 + markup 0.9 = 1.1 pips, or USD 11.Source 2
cTrader Zero: EUR 100,000 EUR/USDEUR 2.25 each side; EUR 4.50 totalSpread remains additional; convert commission into account currency.Source 3
cTrader Zero: AUD 100,000 AUD/USDAUD 2.25 each side; AUD 4.50 totalThe same numerical lot size does not produce the same USD invoice.Source 3

Markets and platform choices

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Pricing & charges04

Product-specific costs and access

Product-specific costs and access
ProductPublished charging detailAccess or operating detail
Precious metalscTrader: USD 2.25 per side for USD 100,000 notionalNotional-based cTrader metal commission changes with contract size and price.Source 3
Equity index CFDsNo separate trading commissionExamples include S&P 500, Nasdaq and Hang Seng.Source 13
Energy and soft commodity CFDsOvernight financing applies to positions kept openEnergy and agricultural exposure; current funding rates appear in the platform.Source 14
US share CFDsZero commission under a limited-time waiver110 US share CFDs on MT5; no monthly market-data fee.Source 15
Platforms & products05

Platform routes

Platform routes
RouteWhat changesUseful account detail
MT4 / MT5MetaTrader account and Expert Advisor environmentUS share CFDs require MT5.Source 1Source 15
cTraderDesktop, browser and mobile; depth of market and automationZero accounts only on the published cTrader page.Source 3
TradingViewTrading through the charting interfaceCreate a separate TradingView account in the Fusion Hub and use its credentials.Source 4
Fusion+Copy another account’s transactionsMaster and follower activity determine whether the monthly service fee is waived.Source 17

The US share route has its own corporate-action treatment. Fusion says long positions receive 70% of a declared dividend after withholding, while short positions incur the equivalent dividend debit. Financing is updated daily in MT5. The current share page describes its commission waiver as temporary, so zero commission should be treated as the presently advertised offer.[15]

Funding and withdrawals

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Account comparison06

Selected international deposit methods

Selected international deposit methods
MethodMinimumPublished timing / broker fee
Bank wireUSD 10 equivalent1–5 business days / zero.Source 5
Visa / MastercardUSD 10 equivalentInstant / zero.Source 5
PayPal, Skrill or NetellerUSD 10 equivalentInstant / zero; availability depends on country.Source 5
PayIDAUD 1Instant / zero; AUD processing.Source 5
CryptoUSD 10 equivalentInstant listed / zero; USD or EUR processing accounts.Source 5
Account comparison07

Withdrawal routes and stated minima

Withdrawal routes and stated minima
MethodMinimumPublished method timing
Local bank transferUSD 10 equivalent1–2 business days.Source 6
International SWIFT wireUSD 35 equivalent3–5 business days.Source 6
PayPal, Skrill or NetellerUSD 10 equivalentInstant listed.Source 6
CryptoUSD 10 equivalentInstant listed.Source 6

Withdrawal requests are available around the clock. Fusion says most complete internal processing within an hour, although checks can extend processing to a business day and provider settlement may take longer. The destination must be in the client’s name. The broker reserves merchant-cost recovery when funds are deposited and withdrawn with no significant trading; multi-factor authentication is required for withdrawals.[6]

Holding costs and account maintenance

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Pricing & charges08

Charges beyond an opening spread

Charges beyond an opening spread
ItemPublished ruleWhere it matters
Ordinary overnight fundingInstrument-specific debit or creditRates change; check the direction and symbol in the trading platform.Source 14Source 8
Swap-free administrationCharged after a position has been open more than seven daysAmount depends on instrument; a 13-day holding incurs one charge in Fusion’s example.Source 16
Seychelles inactivityUp to USD 10 annually after 12 months without transactionsRight reserved by the 18 December 2025 agreement; not a monthly USD 10 charge.Source 8
Fusion+ serviceUSD 10 monthly if the activity requirement is missedBoth master and follower must trade at least 2.5 FX/metals lots per month for the waiver.Source 17
Fusion+ performance feeMaster can charge up to 30%Separate from brokerage costs and the service-fee waiver.Source 17

A long holding period changes which price comparison matters. The small difference between Classic and Zero transaction costs can be overtaken by a sequence of financing debits or by the swap-free administration schedule. Fusion’s published average-spread footnote currently refers to 1–5 June 2026; it is a defined historical sample, not an October executable quote.[16][14][20]

Seychelles contract and client protections

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Protections & eligibility09

How the examined Seychelles terms work

How the examined Seychelles terms work
MechanismSpecific provisionEffect
Client moneyKept separate from the company’s own accountsAgreement also allows transfers for transactions or collateral to third parties.Source 8
Margin close-outDiscretionary below 100%; automatic at or below 50%Measured against required margin; closes the most unprofitable position first.Source 8
Negative balance policyDiscretionary waiver for eligible clients notified in writing23 July 2026 policy does not create an automatic contractual entitlement.Source 9
Waiver exclusionsAbuse, pricing errors and other specified circumstancesProtection is assessed per account and is subject to the policy conditions.Source 9
Withdrawal during NBP reviewMay be held for up to 10 business days for assessmentFormal investigations can take longer under the policy’s notification rules.Source 9

The distinction between segregation and the negative-balance policy is practical. Segregation concerns how deposited money is held; the waiver policy concerns a debt after trading losses. Fusion’s policy requires an eligibility decision and contains exclusions, so the existence of segregated client accounts does not itself establish that every trading deficit will be cancelled.[7][9]

Company development and published scale

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Event timeline10

History and the scope of scale claims

History and the scope of scale claims
PeriodCompany-reported developmentMeaning
2019Phil Horner began building the service in January; David Swinden joined as COO after launchThe company’s account of its Melbourne beginnings.Source 19
Fifth anniversary, 2024More than USD 130 billion in monthly trading volume; tens of thousands of clientsSelf-reported activity at that time; not revenue or client assets.Source 19
Current leadership pagePhil Horner remains named founder and CEORole disclosed by the company when checked on 9 October 2026.Source 18

The anniversary account describes expansion from a coworking office into larger Melbourne premises and the addition of MT5, copy trading, cTrader and TradingView. Its turnover figure gives a dated view of trading activity. It is not an audited earnings statement, and it does not establish the present balance sheet of the Seychelles issuer.[19]

Company background & evidence

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Headquarters
Melbourne, Australia; international issuers in Seychelles and Vanuatu
Founded
2019
The companies behind the brand

Legal entities & licences

These are source-dated records, not a blanket assessment of the broker. Read each issuer, identifier, status and scope together.

Fusion Markets International Ltd

SeychellesSource 7Source 8Source 10

Licences and regulatory records for Fusion Markets International Ltd
Issuer & identifierRecorded statusDate & scope
Financial Services Authority SeychellesSD096AuthorisedChecked 9 Oct 2026Company and domain appear in the FSA regulated-entities directory; SD096 is stated on the issuer agreement cover.Source 10Source 8

Gleneagle Securities Pty Limited

VanuatuSource 7Source 11

Licences and regulatory records for Gleneagle Securities Pty Limited
Issuer & identifierRecorded statusDate & scope
Vanuatu Financial Services Commission40256AuthorisedChecked 9 Oct 2026The VFSC list identifies this company as Active with classes A, B and C; the broker identifies Fusion Markets as a trading name.Source 11Source 7

FMGP Trading Group Pty Ltd

AustraliaSource 7

Licences and regulatory records for FMGP Trading Group Pty Ltd
Issuer & identifierRecorded statusDate & scope
Australian Securities and Investments Commission385620Not verifiedChecked 9 Oct 2026AFSL number disclosed by Fusion Markets for Australian clients. An entity-specific current ASIC record was not inspected for this profile.Source 7
Follow the evidence

Sources & further reading

  1. Zero trading account Fusion Markets · Accessed 9 Oct 2026
  2. Classic trading account Fusion Markets · Accessed 9 Oct 2026
  3. cTrader platform and commission calculation Fusion Markets · Accessed 9 Oct 2026
  4. TradingView account connection Fusion Markets · Accessed 9 Oct 2026
  5. Deposit methods, minima and processing Fusion Markets · Accessed 9 Oct 2026
  6. Withdrawal methods and processing Fusion Markets · Accessed 9 Oct 2026
  7. Regulations and current legal documents Fusion Markets · Accessed 9 Oct 2026
  8. Seychelles client services agreement, 18 December 2025 Fusion Markets International Ltd · 18 Dec 2025 · Accessed 9 Oct 2026
  9. Seychelles and Vanuatu negative balance protection policy Fusion Markets · 23 Jul 2026 · Accessed 9 Oct 2026
  10. Regulated entities: capital markets Financial Services Authority Seychelles · Accessed 9 Oct 2026
  11. Financial dealers licensee list Vanuatu Financial Services Commission · Accessed 9 Oct 2026
  12. Precious metals trading Fusion Markets · Accessed 9 Oct 2026
  13. Equity index CFDs Fusion Markets · Accessed 9 Oct 2026
  14. Energy and soft commodities Fusion Markets · Accessed 9 Oct 2026
  15. US share CFDs: platform, charges and dividends Fusion Markets · Accessed 9 Oct 2026
  16. Swap-free accounts and administration charges Fusion Markets · Accessed 9 Oct 2026
  17. Fusion+ copy trading conditions Fusion Markets · Accessed 9 Oct 2026
  18. Who we are: founder and chief executive Fusion Markets · Accessed 9 Oct 2026
  19. Fusion Markets celebrates five years Fusion Markets · Accessed 9 Oct 2026
  20. Trading conditions and spread measurement period Fusion Markets · Accessed 9 Oct 2026

This profile reports dated public information, including broker-published services and terms. It does not independently test or guarantee execution, pricing or withdrawals. Inclusion is not an endorsement. Permissions and protections apply only to the named legal entity, service and client category; check the current official records and your contract.

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