
Crypto broker review · Asia-Pacific
Fusion Markets for Crypto in 2027: Is It the Right Broker for You?
Fusion Markets was created with a single aim: to be the cheapest reputable broker a retail trader could find. It opened in Melbourne in 2017, founded by Phil Horner and a small team of industry veterans who believed most brokers charged too much for a commodity service. The company keeps its marketing lean and passes the saving on in low commissions. Crypto CFDs are a small part of the range, priced in the same no-frills spirit.
This 2027 review examines the crypto CFDs, their cost, the firm's licences and the practical limits of a low-cost model. Among 52 crypto brokers reviewed here, Fusion Markets is placed #29.
A Young Broker With a Simple Idea
The founders had worked at larger Australian brokers and saw how much of a client's cost went on sponsorships, sales teams and bonuses. Their answer was a firm with none of those, a short product list and commissions set well below the market norm.
The company is privately owned. In a few years it has built a loyal following among cost-conscious traders, particularly those running automated strategies where every fraction of a pip counts.
Crypto CFDs Available
About 13 crypto CFDs are listed:
- Bitcoin, ether and litecoin
- XRP, solana, cardano and dogecoin
- A few other large coins
This is one of the shorter lists in our ranking. It covers the assets most people trade and leaves out everything exotic. All are contracts on price, with no coin ownership.
- Crypto markets
- 13contracts on the price
- Founded
- 201710 years in 2027
- Regulators
- 3incl. top-tier
- Min. deposit
- $0no US clients
Bitcoin Pricing
Crypto is spread-only, with no commission. A 2026 test recorded the bitcoin spread at about $17.50, which sits comfortably within the low-cost group.
For context, the firm's two currency accounts are:
- Classic: no commission, slightly wider spreads
- Zero: raw spreads with a commission of $2.25 per side per standard lot
That currency commission is among the lowest anywhere and is the reason most clients come. Crypto pricing follows the same philosophy, even if the product list is modest.
No Minimum Deposit
There is no minimum deposit and the broker charges no fee on deposits. An account can be opened with whatever sum you choose. The firm also has no inactivity fee, which is unusual and welcome.
Swaps
Leveraged crypto positions pay a daily swap, shown in the symbol specification. As with all CFDs, swaps overtake the spread as the main cost once a position has been open for more than a few days.
What the Savings Look Like
A trader opens and closes 0.1 BTC five times a week. At a $17.50 spread each trade costs $1.75, about $455 over a year. At a broker quoting $80 the same activity would cost $2,080. The difference is real money, and it requires no extra skill to earn, only a different account.
Regulation
The group operates through three licensed companies:
- ASIC in Australia
- The VFSC in Vanuatu
- The FSA in Seychelles
Australian residents are served by the ASIC entity and receive the full set of local protections: leverage caps, negative balance protection and segregated client money. Clients from most other countries are placed with the Vanuatu or Seychelles company.
The Offshore Reality
For non-Australians this is an offshore broker. Vanuatu and Seychelles licences impose lighter requirements and provide no compensation scheme. The firm's reputation among traders is good, and it has a clean public record, but reputation is not the same as legal protection.
This is the main reason it ranks below larger rivals with more top-tier licences, despite its prices.
UK, EU and US Residents
Crypto CFDs are not offered to UK retail clients. The broker does not hold an EU licence, so European residents can join only through an offshore entity where permitted, and many are not accepted. US residents cannot open accounts.
Leverage
Under ASIC, retail crypto leverage is 1:2. The offshore entities allow up to 1:10 on crypto. That offshore ceiling is notably restrained; several competitors permit 1:100 or more. A lower cap is a point in the firm's favour for anyone who worries about overtrading.
Platforms
All the main third-party platforms are supported:
- MetaTrader 4 and MetaTrader 5
- cTrader
- TradingView
There is no proprietary platform. The firm relies on software traders already know, which keeps its own costs down.
Copy Trading
A service called Fusion+ lets clients copy other traders or manage several accounts from one master account. A third-party copy service is also connected. Fees to the strategy provider are set individually.
Automated Trading
Expert advisors and cTrader bots run without restriction. Sponsored virtual private servers are available to clients who trade enough volume each month. Execution is through external liquidity providers with no dealing desk.
Paying In With Crypto
The broker accepts deposits in several coins as well as by card, bank transfer and e-wallet. A crypto deposit is converted into your account's base currency on arrival. You are still trading CFDs afterwards, and a withdrawal in crypto is a payment method, not delivery of coins you bought on the platform.
Withdrawals
Withdrawals are free for most methods, with a charge for international bank wires. Requests are usually handled within one business day.
Client Money
Funds held by the Australian company are kept in segregated accounts with major Australian banks. Offshore entities also state that funds are segregated. No external insurance or compensation scheme stands behind offshore balances.
Trading Hours
Crypto CFDs are open all week including Saturdays and Sundays. Expect the bitcoin spread to be wider than the tested figure during weekend sessions.
Support
Customer service is available around the clock on trading days through chat, email and phone. For a small firm, support quality is a strength; reviews often mention quick, direct answers without sales pressure.
Education and Research
This is where the low-cost model shows. Educational content is limited, and there is little original research. The company assumes you know how to trade and simply want a cheap place to do it.
Demo Account
A demo account is free and can be kept open for a month, or longer on request. It is the simplest way to verify the crypto spread yourself at different times of day.
Reporting
Statements are available from the client hub and from each platform's history tab. The firm provides no tax calculations.
How Can a Broker Charge So Little?
A fair question, and the answer is unglamorous. The firm employs few people, buys little advertising, pays no bonuses and offers no proprietary platform to maintain. It earns a thin margin on a large number of trades. That model works while volumes are healthy, and it is one reason to prefer the ASIC entity where you can: a low-margin business has less cushion than a high-margin one if conditions turn.
Choosing Between Classic and Zero for Crypto
Because crypto CFDs carry no commission on either account, the Classic and Zero choice barely affects a pure crypto trader. It matters for whatever else you trade. If currencies make up most of your activity, the Zero account's raw spread plus small commission is normally cheaper overall.
Fusion Markets Beside Pepperstone and IC
All three began in Australia and compete on price. Pepperstone and IC have more licences, larger balance sheets and longer crypto lists. Fusion's edge is the lowest currency commission of the three, no minimum, no inactivity fee and a cautious offshore leverage cap. For crypto specifically the larger pair offer more.
Who Is Fusion Markets For?
It suits you if you:
- Are an Australian resident who wants very low trading costs under ASIC rules.
- Trade currencies mainly and want a few crypto CFDs on the same account.
- Value the absence of deposit, minimum and inactivity fees.
It is not for traders who want real coins, a broad altcoin list, strong education or top-tier regulation outside Australia.
Our Verdict on Fusion Markets
Fusion Markets does what it promises. Costs are low across the board, the fee schedule has no traps and the offshore leverage limit on crypto is sensibly modest.
The compromises are a short list of thirteen crypto CFDs and, for most of the world, offshore regulation. Australians get an excellent low-cost broker with full local protection. Others get the same prices with thinner safeguards, and should size their deposits accordingly.