Fusion Markets has quickly carved out a strong position in the low-cost brokerage market, thanks to its low commissions, rapid and friendly customer support, and regulation by the Australian Securities and Investments Commission (ASIC). This ambitious broker, under the ownership of Gleneagle Asset Management (GAML) – a subsidiary of Gleneagle Securities – leverages its parent company’s robust relationships with liquidity providers to offer competitive trading conditions.
Founded in 2010, Gleneagle Securities is a notable player in the financial markets, providing services such as asset management and corporate consulting. Fusion Markets clients benefit from these institutional connections, enjoying low commission trading as a result.
Fusion Markets offers three types of accounts: Classic, Zero, and Swap Free. The Zero account stands out with more favorable conditions, featuring spreads that start at zero and a commission of $4.50 per round trip (covering both the opening and closing of a trade). In contrast, Classic accounts incorporate the commission within the spread, which starts from 0.9 pips. For traders with an active trading style, the Zero account is generally the preferable choice.