House file
Fusion Markets
On the desk for one reason: multi-entity structure. 3 register lines are on this file, spread across 3 legal entities in 3 jurisdictions, 1 of them with a top-tier regulator.
Filed by the desk · Melbourne, Australia · established 2017 · sourcing confidence: medium
On the wire
3 items · 0 noticesRegister lines are confirmed; several commercial figures remain unread and are left blank.
Register entries as filed
- 01register entry
ASIC entry AFSL 385620 for FMGP Trading Group Pty Ltd
Source: fusionmarkets.com
- 02register entry
FSA Seychelles entry SD096 for Fusion Markets International
Source: fusionmarkets.com
- 03register entry
VFSC entry 40256 for Gleneagle Securities Pty Limited
Source: fusionmarkets.com
Entity by entity
3 lines| Regulator | Jurisdiction | Entity as registered | Number | Tier | Source |
|---|---|---|---|---|---|
| ASIC | Australia | FMGP Trading Group Pty Ltd | AFSL 385620 | T1 | fusionmarkets.com |
| FSA Seychelles | Seychelles | Fusion Markets International | SD096 | T3 | fusionmarkets.com |
| VFSC | Vanuatu | Gleneagle Securities Pty Limited | 40256 | T3 | fusionmarkets.com |
Tier is the desk's shorthand for the supervising regime, not a quality score: T1 a top-tier statutory regulator, T2 a mid-tier one, T3 an offshore registration.
Commercial detail on the record
| Minimum to open | $0 |
|---|---|
| EUR/USD spread as published | not verified |
| Leverage as advertised | 1:30 retail under ASIC; up to 1:500 under offshore entities |
| Platforms | MT4 · MT5 · cTrader · TradingView · DupliTrade |
| Account books | Zero · Classic |
What the record says
Fusion Markets states client monies are held in segregated client trust accounts with National Australia Bank.
The Classic account quotes spreads from 0.9 pips with no commission and no minimum account size; the Zero account quotes from 0.0 pips plus commission.
Non-Australian clients are onboarded through the Seychelles (SD096) or Vanuatu (VFSC 40256) entities.
The company was founded in 2017 and began serving clients in 2019.
ABN Lookup's current details for ABN 74 146 086 017 identify FMGP TRADING GROUP PTY LTD as the active entity and list the business names Global Prime from 15 August 2023 and Fusion Markets from 4 September 2023 (abr.business.gov.au)
Not verified
4 fieldsThe desk left these blank rather than fill them from secondary sources. They stay on the file as open questions and will be filled the day a primary source carries them.
- exact commission per lot on the Zero account
- maximum leverage per offshore entity
- whether the ASIC licence is held by FMGP Trading Group Pty Ltd or a related Gleneagle entity
- typical EUR/USD spread (source only gave an advertised 'from 0.0' raw-account figure)
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This file reports what regulators and the firm have published. It is not a review, not a rating and not advice to open or close an account anywhere.