MEGA FUSION Broker Overview
MEGA FUSION is a forex and CFD brand that trades through three separately registered companies: MEGA FUSION GROUP PTY LTD in Australia, Mega Fusion Group Limited in Mauritius and Mega Fusion Group (Pty) Ltd in South Africa. It offers MetaTrader 4 and MetaTrader 5, three retail account tiers starting from a 100 USD minimum deposit, leverage of up to 1:1000 on the entry tier, and PAMM and MAM structures for managed trading. Funding runs through bank cards, bank and wire transfers and three cryptocurrency networks, with no platform fee charged in either direction.
MEGA FUSION Regulation and License
All three licences on record are confirmed on the issuing authority's register, each held by a different company with a different scope. Australian financial services licence 398693 is held by MEGA FUSION GROUP PTY LTD, ACN 149 074 037, and the Australian Securities and Investments Commission shows that record as current.
Mega Fusion Group Limited, the Mauritius company that contracts with clients, holds Investment Dealer licence GB23201920 from the Financial Services Commission of Mauritius, an offshore licence with no investor compensation fund. Mega Fusion Group (Pty) Ltd holds Financial Sector Conduct Authority licence 54221 in South Africa, which covers advice and intermediary services only, not dealing as the client's counterparty. Each of the three licences uses a differently styled version of the company name. Keep this in mind when establishing which entity an account is opened with.
Is MEGA FUSION Regulated?
Partly. Its three confirmed licences each have limits: the Australian licence covers wholesale clients only, the Mauritius licence is offshore, and the South African one covers advice and intermediary services rather than dealing. The Australian licence is also limited in scope, so a client falling outside its terms is not covered by it.
MEGA FUSION License 398693
Licence 398693 commenced on 10 March 2011 and carries no expiry date, since an Australian financial services licence runs until it is cancelled or suspended. Its published conditions cover advice on and dealing in deposit and payment products, foreign exchange contracts, old law securities options contracts and warrants, interests in managed investment schemes and securities, together with custodial or depository services, and the condition text closes with the words to wholesale clients. That limitation matters: the entry does not establish an authorisation to serve retail clients in Australia. The register records the licence address as 62 Sailors Bay Rd, Northbridge NSW 2063.
Mega Fusion Group Ltd and the operating companies
The brand styles itself Mega Fusion Group Ltd, which the site's footer identifies as the group's Saint Lucia company, registration number 2023-00199, at Ground Floor, The Sotheby Building, Rodney Village, Rodney Bay, Gros-Islet. MEGA FUSION GROUP PTY LTD is registered in Australia under ACN 149 074 037 and is the entity named on the Australian licence. Mega Fusion Group Limited is registered in Mauritius under business registration number C24204371 (file number C204371), at 12th Floor, Standard Chartered Tower, Bank Street, Cybercity, Ebene, and is the company given on the broker's contact page. Mega Fusion Group (Pty) Ltd is registered in South Africa under 2024/073707/07, at 29 First Avenue East, Parktown North, Johannesburg.
The 2011 founding date the brand carries belongs to the Australian company rather than to the brand itself. ASIC's name history for that company records it as Hills Investment Management Pty Limited, then Hunter Field Capital Partners, then Hills Asset Management Pty Ltd, a name that ceased on 14 August 2024, so the Mega Fusion name on this registration is recent even though the registration is not. None of the three registrations has been verified against its own corporate registry.
Is MEGA FUSION Safe?
The evidence includes points for and against the broker, and regulation on its own is not proof of safety. On the supporting side, a current authorisation from a top tier regulator sits behind one of the group's companies, and the published funding rules are conservative, refusing third party payments and restricting withdrawals to the channels used to deposit. On the other side, the Australian licence is limited to wholesale clients, the Mauritius licence is offshore and the South African one does not cover dealing, the three licensee names differ from each other and from the brand's own styling, and the 2011 history belongs to a company that carried an unrelated name until 2024.
MEGA FUSION Account Types
Three trading tiers are offered, separated mainly by deposit size, leverage cap and whether commission is charged:
- STD: 100 USD minimum deposit, leverage to 1:1000, no commission.
- PRO: 1,000 USD minimum deposit, leverage to 1:500, no commission.
- ECN: 5,000 USD minimum deposit, leverage to 1:500, commission of 4 USD per lot.
PAMM and MAM accounts sit alongside these for managed and multi account trading, with no minimum deposit or leverage figure published for either.
MEGA FUSION Spreads, Commissions and Fees
Spreads are variable: the accounts page gives spreads from 1.2 pips on STD, 0.7 on PRO and 0 on ECN. Commission is charged only on the ECN tier, at 4 USD per lot, with STD and PRO advertised commission free, so the entry tiers carry their cost in the spread instead. On funding, the broker states that it charges no platform fee on deposits or withdrawals; intermediary charges applied by banks on a transfer are borne by the client.
MEGA FUSION Leverage
Leverage reaches 1:1000 on the STD account and is capped at 1:500 on both PRO and ECN.
MEGA FUSION Trading Platforms
MetaTrader 4 is available as a Windows terminal, a macOS package, Android and iOS apps and a browser based WebTrader, running on the broker's own live and demo servers. MetaTrader 5 is available as a Windows terminal, a macOS package and Android and iOS apps; its WebTrader is listed as coming soon, so there is no browser build for MetaTrader 5 yet.
MEGA FUSION Deposits and Withdrawals
Deposits and withdrawals run through bank cards, bank and wire transfers, and cryptocurrency on the USDT-TRC20, USDT-ERC20 and BTC networks. The minimum is 100 USD in both directions on every channel. Withdrawals are processed the same day or within 1 to 3 business days, and the time the money then takes to arrive depends on the method chosen.
Two of the broker's rules matter before you fund an account. A client may only withdraw through a channel previously used to deposit, so the route out is fixed by the route in, and a card deposit must be withdrawn back to that card in full before the remaining balance can be sent anywhere else. Third party deposits and withdrawals are not accepted, and funds must come from an account matching the registered name.
MEGA FUSION Support
Support is offered by email at support@mega-fusion.com and by live chat during business hours, with a help centre published on the broker's own site. Twelve languages are listed, including English, Arabic, Simplified and Traditional Chinese, Thai, Vietnamese, Hindi, Spanish, Malay, Persian, Indonesian and French. No telephone number is published for client support.
MEGA FUSION Pros and Cons
Strengths: a current authorisation from a top tier regulator behind the group's Australian company; both MetaTrader platforms across desktop and mobile, with a browser build for MetaTrader 4; a 100 USD entry deposit; no platform fee on deposits or withdrawals; support in twelve languages.
Limitations: the Australian licence is limited to wholesale clients and does not establish retail authorisation in Australia; the Mauritius licence is offshore and the South African licence does not cover dealing; three differently styled licensee names and a 2011 history that predates the Mega Fusion name on the company; withdrawals locked to the channel used to deposit; no browser build for MetaTrader 5 and no telephone support.
MEGA FUSION Review and Assessment
MEGA FUSION presents a conventional MetaTrader offering with a low entry deposit, high headline leverage and a commission free entry tier, and that is the proposition most of its clients will be buying. Before funding an account, confirm which company the account is with. The Mauritius company that contracts with clients holds an offshore licence, while the Australian licence's own terms point at wholesale rather than retail clients. The withdrawal rules are the other practical consideration: the channel used to deposit is the channel the money has to leave by.
Comments
Share your thoughts and experiences with MEGA FUSION