Fusion Markets CySEC Regulation 2024: Supervision, Investor Protections, and More

Fusion Markets is a forex and CFD broker offering online trading services to traders and investors worldwide. The broker provides a diverse range of trading instruments, including Forex, Energy, Precious metals, Equity Indices, US Share CFDs, Crypto. It also supports multiple trading platforms and tools such as MT4, MT5, MetaTrader Webtrader.

Although Fusion Markets is regulated by several authoritative bodies such as ASIC, VFSC, and FSA,  it is not regulated by CySEC (Australian Securities and Investments Commission). In this article, we will explore Fusion Markets’ regulations, and its features, and provide a list of alternative brokers that are regulated by CySEC.

Does Fusion Markets Operate Under CySEC?

No, Fusion Markets does not operate under CySEC (Cyprus Securities and Exchange Commission) regulation. However, the broker is regulated by several other reputable financial authorities including ASIC, VFSC, and FSA. These regulatory bodies ensure compliance with various standards for financial stability, transparency, and investor protection, though they do not provide the specific protections offered by the CySEC in the EU.

What Other Regulations Does Fusion Markets Have?

ASIC :

Fusion Markets is regulated by ASIC. Founded in July 1998, the Australian Securities & Investments Commission (ASIC) is Australia’s national corporate regulator, overseeing corporations, markets, and financial services in accordance with the Australian Securities and Investments Commission Act 2001. Being based in Australia, ASIC regulation ensures that the broker complies with Australian laws on financial services, including responsible conduct, risk management, and financial reporting. Client money is kept in segregated accounts, and there is an emphasis on risk disclosure and trader protection.

FSA- Seychelles

Fusion Markets is regulated by the Financial Services Authority (FSA) of Seychelles under license number SD039. The FSA, established in 2013, oversees the financial services sector in Seychelles to ensure compliance with regulatory standards and to protect investors.

The FSA requires Fusion Markets to adhere to guidelines for managing client funds, which include keeping client money separate from company funds and providing regular financial reports. This regulation helps ensure that Fusion Markets operates securely and transparently, particularly for clients in Seychelles, and maintains a trustworthy trading environment.

VFSA

Fusion Markets is regulated by the Vanuatu Financial Services Authority (VFSA), which oversees financial services in Vanuatu. The VFSA is dedicated to promoting a secure and transparent financial environment, ensuring that financial firms operate in compliance with established regulations.

As a regulated entity under the VFSA, Fusion Markets must adhere to specific guidelines that include maintaining adequate capital reserves, safeguarding client funds, and ensuring transparency in its operations. The VFSA requires the segregation of client funds from the company’s assets, providing an additional layer of protection for clients’ investments. By complying with these regulatory standards, Fusion Markets offers clients confidence in its operations, reinforcing its commitment to security and integrity in the forex trading space. This oversight helps foster trust among clients in Vanuatu and beyond, ensuring a reliable trading experience.

Best CySEC Regulated Forex Brokers: Alternatives to Fusion Markets

Fusion Markets is one of the leading forex and CFD brokers. The broker is not regulated by CySEC. It is regulated by other top-tier regulators including ASIC, VFSC, and FSA. There are several CySEC  regulated brokers that can serve as alternatives to Fusion Markets. These brokers include: 

These brokers operate under CySEC regulation. According to CySEC rules, they offer leverage up to 30:1 and provide negative balance protection for retail traders. To learn more about CySEC-regulated forex brokers, you can read our content on the best CySEC-regulated forex brokers.

How Can I Verify If My Broker is CySEC-regulated or not?

You can find a CySEC-regulated broker’s profile on the CIF Regulated Entities List on the CySEC website. To verify if your broker, such as Fusion Markets, is regulated by the CySEC follow these steps:

1. Get Broker Details

Start by finding the broker’s license number or name. This info is usually on the broker’s website. Having the right details is key for the next steps.

2. Visit the CySEC Website

Go to the CySEC Regulated Entities List. This is where you can verify if your broker is regulated.

3. Conduct the Search

Enter the license number or broker name into the search bar. This will bring up the broker’s profile on the CySEC website, showing important details about their regulatory status.

4. Check Authorization

Make sure the broker is authorized to offer specific services:

• Look for “9 – Financial contracts for differences” under Investment Services.
• Check for “Foreign exchange services connected to investment services” under Ancillary Services. This confirms they can legally offer forex and CFD trading.

5. Match Firm Details

Finally, ensure that the information on the CySEC website matches what you see on the broker’s site. Check the website, email, and other contact info. If anything doesn’t match, it could mean the broker isn’t authorized, and you should stay away to protect your money

Frequently Asked Questions ( FAQs)

What is Fusion Markets?

Phil Horner founded Fusion Markets in 2017 in Melbourne, Australia with the vision of providing low-cost, modern technology and friendly support. The broker allows the trading of forex and CFDs on its cTrader, MT4, and MT5 platforms. Social traders can use DupliTrade, AutoTrade, or Fusion+ platforms. Free VPS, Market buzz, analyst views, etc are provided.

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Is Fusion Markets Considered Safe?

Yes, Fusion Markets is considered safe. The broker is regulated by multiple top-tier regulatory authorities, including ASIC, VFSC, and FSA. It offers negative balance protection and holds client funds in segregated bank accounts. 

Does Fusion Markets Offer Negative Balance Protection?

Yes, Fusion Markets offers negative balance protection. All CySEC-regulated brokers must offer negative balance protection. Negative balance protection means that traders are protected from losing more money than they have in their trading accounts. If a trade results in losses that exceed the amount of funds in the account, negative balance protection ensures that the trader’s balance cannot go below zero. This prevents the trader from owing the broker any additional money.

Is Fusion Markets regulated in Cyprus?

No, Fusion Markets is not regulated in Australia. The broker is not regulated by CySEC, the Australian regulator. However, it accepts Australian clients under its global entity. Fusion Markets is regulated by several other authorities, including ASIC, VFSC, and FSA.