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Licence record

Fusion Markets: ASIC licence 385620

Wikilix check
Confirmed on the register
Issuing authority
Australia Securities & Investment Commission
Jurisdiction
Australia
Licence type
Market Making(MM)
Last checked
Oct 23, 2026

This is Wikilix's record of a licence issued by Australia Securities & Investment Commission. It sets out what the register says, what we checked, and what the authority's own rules protect.

WIKILIX

Licence intelligence

RecordModified Oct 23, 2026

Licence Verification Record

Australia Securities & Investment Commission 385620

Wikilix read the ASIC register on Oct 23, 2026. This is what it said.

Issuing authority
Australia Securities & Investment Commission
Name on the register
FMGP TRADING GROUP PTY LTD
Jurisdiction
Australia
Licence type
Market Making(MM)
Effective
Jan 5, 2011
Register status
Active
Permissions
1. Provide financial product advice | 1.1 Provide general financial product advice | 1.1.1 Basic deposit products | Retail and wholesale clients · 1. Provide financial product advice | 1.1 Provide general financial product advice | 1.1.2 Debentures, stocks or bonds issued or proposed to be issued by a government | Retail and wholesale clients · 1. Provide financial product advice | 1.1 Provide general financial product advice | 1.1.3 Derivatives | Retail and wholesale clients · 1. Provide financial product advice | 1.1 Provide general financial product advice | 1.1.4 Foreign exchange contracts | Retail and wholesale clients · 1. Provide financial product advice | 1.1 Provide general financial product advice | 1.1.5 Managed investment schemes including IDPS | Retail and wholesale clients · 1. Provide financial product advice | 1.1 Provide general financial product advice | 1.1.6 Margin lending facilities limited to standard facilities | Retail and wholesale clients · 1. Provide financial product advice | 1.1 Provide general financial product advice | 1.1.7 Non-basic deposit products | Retail and wholesale clients · 1. Provide financial product advice | 1.1 Provide general financial product advice | 1.1.8 Securities | Retail and wholesale clients · 2. Deal in a financial product | 2.1 Issue, apply for, acquire, vary or dispose of a financial product | 2.1.1 Derivatives | Retail and wholesale clients · 2. Deal in a financial product | 2.1 Issue, apply for, acquire, vary or dispose of a financial product | 2.1.2 Foreign exchange contracts | Retail and wholesale clients · 2. Deal in a financial product | 2.2 Apply for, acquire, vary or dispose of a financial product on behalf of another person | 2.2.1 Basic deposit products | Retail and wholesale clients · 2. Deal in a financial product | 2.2 Apply for, acquire, vary or dispose of a financial product on behalf of another person | 2.2.2 Debentures, stocks or bonds issued or proposed to be issued by a government | Retail and wholesale clients · 2. Deal in a financial product | 2.2 Apply for, acquire, vary or dispose of a financial product on behalf of another person | 2.2.3 Derivatives | Retail and wholesale clients · 2. Deal in a financial product | 2.2 Apply for, acquire, vary or dispose of a financial product on behalf of another person | 2.2.4 Foreign exchange contracts | Retail and wholesale clients · 2. Deal in a financial product | 2.2 Apply for, acquire, vary or dispose of a financial product on behalf of another person | 2.2.5 Managed investment schemes including IDPS | Retail and wholesale clients · 2. Deal in a financial product | 2.2 Apply for, acquire, vary or dispose of a financial product on behalf of another person | 2.2.6 Margin lending facilities limited to standard facilities | Retail and wholesale clients · 2. Deal in a financial product | 2.2 Apply for, acquire, vary or dispose of a financial product on behalf of another person | 2.2.7 Non-basic deposit products | Retail and wholesale clients · 2. Deal in a financial product | 2.2 Apply for, acquire, vary or dispose of a financial product on behalf of another person | 2.2.8 Securities | Retail and wholesale clients · 3. Make a market for a financial product | 3.1.1 Derivatives | Retail and wholesale clients · 3. Make a market for a financial product | 3.1.2 Foreign exchange contracts | Retail and wholesale clients

Checked Oct 23, 2026

A licence record describes what an authority published. It is not an endorsement, and Wikilix does not issue authorisations.

wikilix.com/brokers/fusion-markets/licenses/australia-securities-and-investment-commission/385620Fields on file 11 / 11

Our check
Checked

What we checked

We found this licence on the issuing authority's own register.

Wikilix check
Confirmed on the register
Authority strength
Tier 1
Jurisdiction
Australia
Last checked
Oct 23, 2026
Register says
Active

Finding

Full Australian Financial Services Licence held by FMGP Trading Group Pty Ltd (formerly Global Prime Pty Limited). It permits dealing in and making a market in derivatives and foreign exchange contracts for retail and wholesale clients. Covers Australian clients only. Client protection: Strong for Australian clients: ASIC supervision and AFCA dispute resolution (member 24605). Does not cover accounts with the offshore companies. Effective: 5 Jan 2011.

Exhibit

Register screenshot, captured Oct 23, 2026

Verification note

Confirmed on the ASIC register as FMGP TRADING GROUP PTY LTD (Australian financial services licence). Licence number: the ASIC record prints 'Licence number: 385620'. We store the same AFSL zero-padded as 000385620. The same record ties the holder to the brand. Its Business names section lists 'Fusion Markets' (Commenced 04/09/2023) and its principal website is https://fusionmarkets.com.au. That domain is not identical to our mainWebsite fusionmarkets.com, so it counts only as corroboration and not as the domain key. The register records the licence as effective from 5 January 2011.

In detail
Updated

About this ASIC licence

What this authorisation is, what it establishes, and what it leaves open.

Australian financial services licence 385620 is held by FMGP Trading Group Pty Ltd, a Sydney company against which the Australian Securities and Investments Commission (ASIC) lists the business name Fusion Markets. As at this check on 23 October 2026, ASIC's Professional Registers Search showed the licence as CURRENT on its register of Australian financial services licensees, with a commencement date of 5 January 2011.

ASIC is Australia's corporate, markets and financial services regulator, and this licence is its authorisation to carry on a financial services business. Under conditions dated 21 October 2025, the holder may provide general financial product advice, issue and deal in derivatives and foreign exchange contracts, deal on behalf of others in products including securities and managed investment schemes, and make a market for derivatives and foreign exchange contracts, for retail and wholesale clients.

The entry shows that ASIC holds a licence record for this company with these conditions. It is not a statement about solvency or conduct. The authorisation belongs to FMGP Trading Group Pty Ltd, and does not on its own extend to other companies or websites using the Fusion Markets name.

The record printed ABN 74 146 086 017, ACN 146 086 017, a Sydney principal place of business, and fusionmarkets.com.au as principal website, with globalprime.com.au as another. Its name history shows the company was named Global Prime Pty Limited until 13 August 2023. The business names Global Prime and Fusion Markets began on 15 August and 4 September 2023. No expiry date and no telephone number were printed.

To check it, search licence number 385620 in ASIC's Professional Registers Search at service.asic.gov.au, confirm the row sits on the Australian financial services licensees register, and open Licence/registration conditions for the latest dated set. The answer changes if ASIC marks the licence ceased or suspended, varies its conditions, or records it under another holder name.

Written from what the issuing authority's own register published when we last read it. It describes a record, not the firm's conduct, and it is not advice.
The register

What the authority publishes

Printed as the register prints it. A field that is missing here is one nobody has recorded, not one the register leaves blank.

Licence number
385620
Issued to
FMGP TRADING GROUP PTY LTD
Licence type (Wikilix classification)
Market Making(MM)
Register status
Active
Effective from
Expires
No expiry shown
Permissions
1. Provide financial product advice | 1.1 Provide general financial product advice | 1.1.1 Basic deposit products | Retail and wholesale clients1. Provide financial product advice | 1.1 Provide general financial product advice | 1.1.2 Debentures, stocks or bonds issued or proposed to be issued by a government | Retail and wholesale clients1. Provide financial product advice | 1.1 Provide general financial product advice | 1.1.3 Derivatives | Retail and wholesale clients1. Provide financial product advice | 1.1 Provide general financial product advice | 1.1.4 Foreign exchange contracts | Retail and wholesale clients1. Provide financial product advice | 1.1 Provide general financial product advice | 1.1.5 Managed investment schemes including IDPS | Retail and wholesale clients1. Provide financial product advice | 1.1 Provide general financial product advice | 1.1.6 Margin lending facilities limited to standard facilities | Retail and wholesale clients1. Provide financial product advice | 1.1 Provide general financial product advice | 1.1.7 Non-basic deposit products | Retail and wholesale clients1. Provide financial product advice | 1.1 Provide general financial product advice | 1.1.8 Securities | Retail and wholesale clients2. Deal in a financial product | 2.1 Issue, apply for, acquire, vary or dispose of a financial product | 2.1.1 Derivatives | Retail and wholesale clients2. Deal in a financial product | 2.1 Issue, apply for, acquire, vary or dispose of a financial product | 2.1.2 Foreign exchange contracts | Retail and wholesale clients2. Deal in a financial product | 2.2 Apply for, acquire, vary or dispose of a financial product on behalf of another person | 2.2.1 Basic deposit products | Retail and wholesale clients2. Deal in a financial product | 2.2 Apply for, acquire, vary or dispose of a financial product on behalf of another person | 2.2.2 Debentures, stocks or bonds issued or proposed to be issued by a government | Retail and wholesale clients2. Deal in a financial product | 2.2 Apply for, acquire, vary or dispose of a financial product on behalf of another person | 2.2.3 Derivatives | Retail and wholesale clients2. Deal in a financial product | 2.2 Apply for, acquire, vary or dispose of a financial product on behalf of another person | 2.2.4 Foreign exchange contracts | Retail and wholesale clients2. Deal in a financial product | 2.2 Apply for, acquire, vary or dispose of a financial product on behalf of another person | 2.2.5 Managed investment schemes including IDPS | Retail and wholesale clients2. Deal in a financial product | 2.2 Apply for, acquire, vary or dispose of a financial product on behalf of another person | 2.2.6 Margin lending facilities limited to standard facilities | Retail and wholesale clients2. Deal in a financial product | 2.2 Apply for, acquire, vary or dispose of a financial product on behalf of another person | 2.2.7 Non-basic deposit products | Retail and wholesale clients2. Deal in a financial product | 2.2 Apply for, acquire, vary or dispose of a financial product on behalf of another person | 2.2.8 Securities | Retail and wholesale clients3. Make a market for a financial product | 3.1.1 Derivatives | Retail and wholesale clients3. Make a market for a financial product | 3.1.2 Foreign exchange contracts | Retail and wholesale clients
Registered address
L 27 25 BLIGH ST SYDNEY NSW 2000
The authority

About ASIC

Australia Securities & Investment Commission is the authority that issued this licence, and the jurisdiction it applies in is Australia.

Full name
Australia Securities & Investment Commission
Jurisdiction
Australia
Strength
Tier 1The strictest regimes: high capital requirements, segregated client money and a compensation scheme.
Established
1998
Oversight
A government or statutory body
Firms we track under it
144 firms
Regulates
Forex, Stocks, Fund, Options, Derivatives, Securities
Licences it issues
AFSL – OTC Derivatives (Principal Dealer & Agency)
Typical cost of a licence
AUD 50000-100000+
Public register
Searchable by the public
Transparency
High
Protection

What this licence protects

ASIC's own rules for the firms it authorises.

  • No compensation schemeNo mandatory insurance (but strict fund segregation)
  • Negative balance protection
  • Complaints routeAFCA
  • Maximum leverage1:28
This describes the authority's regime, not how Fusion Markets applies it.
The holder

Who holds this licence

The licence above is recorded against Fusion Markets. Wikilix holds no separate company records for this holder, so we cannot say which legal company the register issued it to.

Broker
Gleneagle Securities Pty Limited
Named on the register
FMGP TRADING GROUP PTY LTD
Based in
Vanuatu
Operating
5-10 years
Wikilix score
53.2the firm’s overall score, not a rating of this licence
Provenance

Where this record came from

Every date below has already happened. We do not publish a promised next-update date, because we do not schedule per-licence re-checks.

Official source
The issuing authority’s registerPublished by the authority, not by Wikilix.
Last checked by Wikilix
Record last edited
When this entry was last changed in our database, which may be a correction rather than a change at the register.
Evidence held
A screenshot of the register entry is on file.
Wikilix records what an authority published. It does not issue or endorse authorisations.
Also on record

Other licences Fusion Markets holds

3 other licences are on record for Fusion Markets.

Frequently Asked Questions

Questions about this licence

Answered from this register entry and the authority’s own record.

Most Popular Questions

Fusion Markets' FAQ asks clients to email help@fusionmarkets.com with their account number, the ticket numbers, a screenshot and a description of the problem, and to allow up to 24 hours for the investigation. The broker publishes no separate complaints address on its contact page, FAQ or terms.

Fusion Markets offers CFDs on forex, metals, indices, energy and soft commodities, US shares and cryptocurrencies. Its trading conditions list 81 currency pairs and 12 cryptocurrencies, and US share CFDs are traded on MetaTrader 5.

Yes, for eligible clients of its Vanuatu (VFSC) and Seychelles (FSA) companies, according to its FAQ: if a balance falls below zero after positions are closed, Fusion Markets resets it to zero, and negative balances are reset once per working day. It is not available to residents of Mongolia, Türkiye, Indonesia, Hong Kong SAR, Taiwan, Vietnam or the People's Republic of China, and further exceptions for certain trading activity are set out in its Negative Balance Protection Policy.

Yes. A Fusion Markets demo account stays active for 30 days and can be extended free of charge once a live account is funded, on request to help@fusionmarkets.com. Demo and live accounts can be held at the same time.

Yes. Its own Fusion+ Copy Trading service copies approved money managers' trades to followers' accounts and is free while the master and each follower trade at least 2.5 lots of forex or metals a month, otherwise it costs USD 10 a month, and masters may charge followers performance fees of up to 30%. cTrader includes cTrader Copy, and DupliTrade, a third-party copy trading service, can copy selected traders into a Fusion MT4 account.

It can. Under its Seychelles Client Services Agreement dated 18 December 2025 (clause 5.2), Fusion Markets may charge an inactivity fee of up to USD 10 a year after 12 months with no transactions.

Yes. The Fusion Markets Swap-Free account charges no swaps and no commission, runs on MT4 and MT5 only, and has a minimum EUR/USD spread of 1.4 pips with no minimum balance. Instead of swaps, an admin fee per lot applies to positions held longer than 7 days, charged once every 7 days, for example USD 50 per lot on EUR/USD and USD 200 on gold. It is opened by contacting the account manager or support, and a client holds either only swap-free or only swap-charged accounts.

Fusion Markets says it was founded in November 2017, launched trading for clients in June 2019 and is headquartered in Melbourne, Australia. The footer of its website names Fusion Markets Pty Ltd as the owner of the site, FMGP Trading Group Pty Ltd (ABN 74 146 086 017) as the company for Australian clients, Fusion Markets International Ltd in Seychelles, and Gleneagle Securities Pty Limited, a Vanuatu company with company number 40256.

Fusion Markets' current withdrawal page lists no withdrawal route to a card in any country view. Older documents on its site describe card refunds: the Seychelles company's Refund and Return Policy of September 2022 says funds returned to cards arrive in 1 to 5 business days, and the Vanuatu company's Product Disclosure Statement of February 2022 says a card-funded withdrawal may be refunded to the original card at the broker's discretion. Its client agreement says withdrawals should go back by the method used to fund, and that the broker may decline a method and suggest another.

Fusion Markets says 85% of withdrawals are processed within an hour, measured to the end of its internal processing, and its FAQ adds that compliance checks can take up to one business day before the payment provider's own transfer time applies. Its withdrawal page gives estimated arrival from instant for PayPal, Skrill, Neteller, MiFinity and crypto, 1 to 2 business days for Jetonbank, Interac and local bank transfers, and 3 to 5 business days for international bank wires. The broker charges no withdrawal fee and pays only to accounts in the client's name.

Fusion Markets says it charges nothing for any deposit method and lists more than 30 funding options, including Visa and Mastercard, bank wire, PayPal, Skrill, Neteller, crypto and local payment providers that vary by country, most with a USD 10 minimum. Card and e-wallet deposits are credited instantly. The broker covers card and e-wallet merchant fees of up to 4% of a deposit, but reserves the right to apply them if the money is withdrawn without significant trading, and international wires to its Australian trust account typically cost USD 20 to 30 in bank charges outside its control.

Fusion Markets offers two live accounts, Zero and Classic, with the same products and different pricing: Zero has spreads from 0.0 pips plus a commission of USD 2.25 per side per standard lot, and Classic has spreads from 0.9 pips with no commission. Neither has a minimum account size. A Swap-Free account is available on MT4 and MT5, and high-volume traders can be invited to the Premium Program, which adds service tiers on top of the regular accounts.

Yes. Fusion Markets says it cannot take clients from Afghanistan, Congo, Iran, Iraq, Japan, Myanmar, New Zealand, North Korea, Palestine, Russia, Spain, Somalia, Sudan, Syria, Ukraine, Yemen, or the United States and its territories. In Canada, it does not accept clients from Alberta or Ontario.

Fusion Markets says its support team works 24 hours a day, 7 days a week, by live chat on its website, by email at help@fusionmarkets.com and by phone on +61 3 8376 2706. The Thai version of its contact page lists a separate desk on +66 2 114 7370 and thai.help@fusionmarkets.com. The broker's FAQ says it does not offer support through Telegram, WhatsApp or any channel not listed on its website.

For clients of its Vanuatu (VFSC) and Seychelles (FSA) companies, Fusion Markets gives maximum leverage of 500:1 on forex and metals, 100:1 on index CFDs and 10:1 on cryptocurrencies. The broker says the limit depends on where the client lives and which company holds the account, and its indicative guide lowers the maximum as account equity grows, from 500:1 up to USD 50,000 to 50:1 above USD 1,000,000.

Fusion Markets has no minimum deposit, and commission depends on the account. The Zero account charges USD 2.25 per side (USD 4.50 round turn) per standard lot on forex and metals, with spreads from 0.0 pips, while the Classic account charges no commission and has spreads from 0.9 pips. The broker's Seychelles Client Services Agreement (clause 5.2) describes commission as applying only to CFDs on futures and shares, which differs from the account pages.

Fusion Markets offers MetaTrader 4, MetaTrader 5, cTrader and TradingView. MT4 and MT5 run on Windows, Mac, the web and mobile; cTrader runs on desktop, the web and mobile and takes the Zero account only; and TradingView is traded through a separate TradingView account opened in the Client Hub, with the Zero or Classic account. The broker also runs its own Fusion+ Copy Trading service.

Fusion Markets states that it is regulated through three group companies: FMGP Trading Group Pty Ltd, which it says holds ASIC Australian Financial Services Licence 385620 and serves Australian clients only; Fusion Markets International Ltd, described as a securities dealer regulated by the Financial Services Authority of Seychelles under licence SD096; and Gleneagle Securities Pty Limited, a Vanuatu company (number 40256) it describes as regulated by the VFSC. Its FAQ says client deposits are held in a trust account separate from company funds, and that the funds are not guaranteed.

Licence 385620 was issued by Australia Securities & Investment Commission (ASIC), the financial authority for Australia.
Fusion Markets holds this ASIC licence. A licence on record means the authority published an entry; it is not an endorsement.
We located this entry on the ASIC register. Note that confirming a register ENTRY is not the same as confirming a live licence — the register’s own wording on this page is what states its current standing.
The ASIC register prints it under FMGP TRADING GROUP PTY LTD, not Fusion Markets. Licences are often held by a subsidiary rather than the trading brand, which is why searching a register for the brand alone can return nothing.
Wikilix rates ASIC tier 1 — the strictest band, with high capital requirements, segregated client money and a compensation scheme.
This page links straight to the ASIC register. Search it for 385620, and for the name FMGP TRADING GROUP PTY LTD rather than the trading brand.
Fusion Markets has 3 other licences on record with Wikilix, across 3 jurisdictions. They are listed further down this page.
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