ASICAustraliaTier 1Licence number
398693
View licence record- Licence holder
- Held by MEGA FUSION
- Licence type and regime
- Institution Forex License (STP)
Not checkedUpdated
At a glance
Regulation on record for MEGA FUSION
Counts of what is on record, not a rating. Each figure describes the register entries Wikilix holds and the checks it has run against them.
- Licences on record
- 3
- Issuing authorities
- 3
- From tier-1 or tier-2 authorities
- 2
- Found on an official register
- 0
MEGA FUSION has 3 licences on record with Wikilix, issued by 3 authorities across 3 jurisdictions. 2 of them were issued by tier-1 or tier-2 authorities — the regimes with the strictest capital, reporting and client-money rules. None has yet been located on an issuing authority’s own register, so every entry here should be read as claimed rather than confirmed.
2 licences come from authorities classed as offshore. An offshore regime can be a legitimate registration, but it typically carries lower capital requirements and no compensation scheme.
Issuing authorities
Jurisdictions
Licence record
Licences on record
Every licence on record for MEGA FUSION, strongest authority first.
3 records
- ASICAustraliaTier 1
FSCASouth AfricaTier 2Licence number
54221
View licence record- Licence holder
- Held by MEGA FUSION
- Licence type and regime
- Financial Service Corporate
- Offshore
Not checkedUpdated
FSCMauritiusTier 3Licence number
GB23201920
View licence record- Licence holder
- Held by MEGA FUSION
- Licence type and regime
- Retail Forex License
- Offshore
Not checkedUpdated
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
Frequently Asked Questions
Questions about the licences held by MEGA FUSION
Answered from the register entries on this page.
Most Popular Questions
Mega Fusion requires withdrawals to be made only to accounts matching the registered trading name of the client. This policy applies across all withdrawal methods to ensure compliance with KYC regulations.
Mega Fusion offers a maximum leverage of up to 1000:1. This high leverage is available under its Mauritius Financial Services Commission license, while other regulatory jurisdictions may have different limits.
The minimum deposit amount to open an account with Mega Fusion is 100 USD. This applies across various funding methods including bank cards, e-wallets, cryptocurrencies, and wire transfers.
Mega Fusion supports deposits and withdrawals via bank cards, e-wallets including Alipay, cryptocurrencies like Bitcoin and Ethereum, and bank wire transfers. Deposits are typically instant, while withdrawals may take 1-5 business days depending on the method, with some withdrawal fees applicable for wire transfers.
Mega Fusion offers the MetaTrader 4 and MetaTrader 5 platforms. Both platforms support desktop use and provide advanced charting, automated trading, and multi-asset trading capabilities.
Mega Fusion Group Ltd is regulated by multiple authorities including ASIC in Australia, FSC in Mauritius, and FSCA in South Africa. These regulators provide various levels of oversight, with ASIC being a tier 1 regulator. The broker follows strict fund segregation but does not have mandatory client fund insurance.
MEGA FUSION has 3 licence records with Wikilix, issued by 3 authorities across 3 jurisdictions. A licence on record means an authority published an entry; it is not an endorsement, and Wikilix does not issue authorisations.
MEGA FUSION holds licence records issued by ASIC, FSCA, FSC. Each authority’s own record — its tier, jurisdiction and client-protection rules — is linked from this page.
2 of the licence records held by MEGA FUSION come from tier-1 or tier-2 authorities (1 tier-1, 1 tier-2). Those regimes set the strictest capital, reporting and client-money requirements.
Not yet. None of the 3 licence records held by MEGA FUSION has been located on an issuing authority’s register, so each should be read as claimed rather than confirmed. Every record links to the official register so you can check it yourself.
MEGA FUSION has licence records in Australia, South Africa, Mauritius. A licence applies in the jurisdiction that issued it; it does not by itself cover clients elsewhere.