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Fusion Markets regulation and how it scores
Regulation carries the heaviest weight in the score, which is why it is scored first. Here is Fusion Markets's licensing and the protections behind it.
Facts last checked . Read the full Fusion Markets review.
Regulation and safety
- Regulated by
- ASIC (AFSL 385620); Seychelles FSA (SD096); Vanuatu VFSC (40256)
- Regulator tier
- Tier 1
- Register entry
- ASIC Professional Registers, AFSL 385620
- Client money segregated
- Yes
- Held at
- National Australia Bank (NAB)
- Negative balance protection
- Yes
- Compensation scheme
- No statutory investor compensation scheme
- Audited by
- Not prominently disclosed
- Not available to
- Afghanistan, Congo, Iran, Iraq, Japan, Myanmar, New Zealand, North Korea, Ontario (Canada), Palestine, Russia, Spain, Somalia, Sudan, Syria, Ukraine, Yemen, United States and US territories
Check the licence yourself: ASIC Connect, the Seychelles FSA list of regulated entities.
What this means
Regulation carries the heaviest weight in the score, which is why it is scored first.
Fusion Markets holds a tier-one authorisation from ASIC. That matters more than any headline spread: it determines your leverage cap, whether losses can exceed your deposit, and what happens to your money if the firm fails.
It also operates an offshore entity (VFSC and FSA). Which one you are onboarded to depends on where you live, and the two carry very different protections - worth confirming before you deposit.
ASIC caps retail leverage at 1:30, requires negative balance protection, and obliges the broker to hold client money in a separate trust account.
Vanuatu's VFSC is an offshore licence with limited oversight and no compensation scheme. It is often the entity that offers the highest leverage.
An FSA licence here is usually the Seychelles authorisation - an offshore entity, with lighter obligations than a tier-one regulator.
Client money is held separately from the firm's own money, at National Australia Bank (NAB). That separation is what makes your balance recoverable if the company fails, rather than part of the pool its creditors divide up.
Negative balance protection applies, so a losing position cannot take the account below zero and leave you owing the broker money.
Covered by No statutory investor compensation scheme, which pays eligible clients up to its limit if the firm fails owing client money.
Questions about Fusion Markets regulation
Is Fusion Markets tier-one regulated?
Fusion Markets's strongest licence is recorded as Tier 1.
Who regulates Fusion Markets?
Fusion Markets is regulated by ASIC (AFSL 385620); Seychelles FSA (SD096); Vanuatu VFSC (40256).
Does Fusion Markets offer negative balance protection?
Yes. Fusion Markets offers negative balance protection, so a losing position cannot leave you owing the broker more than your account held.
Regulation at brokers under the same regulator
- MultiBank Group regulation also licensed by ASIC
- TMGM regulation also licensed by ASIC
- IC Markets regulation also licensed by ASIC
- Eightcap regulation also licensed by ASIC
- easyMarkets regulation also licensed by ASIC