Skip to main content
pipvet.comBroker Status Register
Report a broker
Independent

This register is not a regulator. Every status links to the regulator's own notice or register entry.

341 firms on file · 202 identified entity records 73 carry a published regulator notice

Caution

RECORD BW-4069LICENSED — WITH A STRUCTURAL CAVEAT

Fusion Markets

3 legal entities are on file for this firm, across 3 jurisdictions. The strongest supervision on file is Tier 1.

Caution means: The group holds a licence we could verify, but the record shows a caveat you have to read: an offshore entity in the same structure, a registration that is not a financial licence, or leverage well above tier-1 retail caps.

LAST CHECKED
2026-09-15
ENTITIES
3
JURISDICTIONS
3
BEST TIER
T1
CONFIDENCE
MEDIUM
REGISTER SYNC
2026-11-05

Jurisdiction gap — read this before you deposit

Holds a tier-1 licence (ASIC) alongside 2 other live entities. Which one your account sits under determines the protection you get.

A group can hold a tier-1 licence and still onboard you through an offshore entity in the same structure. The licence protects clients of the entity that holds it — not every client of the brand. Check which company name appears on your own client agreement, then look that company up in the table below.

Entity-by-entity licence record

One row per legal entity in this firm's structure. Numbers are reproduced exactly as published; every row links to the source we read them from.

Legal entityAuthority / registryNumberJurisdictionTierWhat it isSource
FMGP Trading Group Pty LtdASICAFSL 385620AustraliaT1Financial licencefusionmarkets.comhttps://fusionmarkets.com/
Fusion Markets InternationalFSA SeychellesSD096SeychellesT3Financial licencefusionmarkets.comhttps://fusionmarkets.com/About-us/Regulations
Gleneagle Securities Pty LimitedVFSC40256VanuatuT3Financial licencefusionmarkets.comhttps://fusionmarkets.com/About-us/Regulations

Scroll the register sideways — the entity column stays pinned.

Paste any number above into the named authority's own search. If a number a firm advertises does not return that firm on the authority's register, treat the claim as unverified.

What the record says

Statements of fact drawn from the entities above. Each one is checkable against a source URL in the licence table.

  1. F01Fusion Markets states client monies are held in segregated client trust accounts with National Australia Bank.
  2. F02The Classic account quotes spreads from 0.9 pips with no commission and no minimum account size; the Zero account quotes from 0.0 pips plus commission.
  3. F03Non-Australian clients are onboarded through the Seychelles (SD096) or Vanuatu (VFSC 40256) entities.
  4. F04The company was founded in 2017 and began serving clients in 2019.
  5. F05ABN Lookup's current details for ABN 74 146 086 017 identify FMGP TRADING GROUP PTY LTD as the active entity and list the business names Global Prime from 15 August 2023 and Fusion Markets from 4 September 2023 (https://abr.business.gov.au/ABN/View/74146086017).

Not verified at last check

Recorded openly rather than filled with a plausible guess. A blank on this register means we could not confirm it on 2026-09-15.

  • not verifiedexact commission per lot on the Zero account
  • not verifiedmaximum leverage per offshore entity
  • not verifiedwhether the ASIC licence is held by FMGP Trading Group Pty Ltd or a related Gleneagle entity
  • not verifiedtypical EUR/USD spread (source only gave an advertised 'from 0.0' raw-account figure)

Account conditions on file

As published by the firm. Blank fields were not confirmed.

Incorporated
2017
Registered office
Melbourne, Australia
Minimum deposit
0 USD
Leverage offered
1:30 retail under ASIC; up to 1:500 under offshore entities
Quoted EUR/USD spread
not verified
Trading systems
MT4 · MT5 · cTrader · TradingView · DupliTrade
Account tiers
Zero · Classic
Leverage above a tier-1 retail cap is normally only available through an offshore entity. If the figure above is far above 1:30, check which entity is offering it in the licence table.

Sources

Every URL below was read before this record was published.

PublisherDocumentRETRIEVED
ASICFMGP Trading Group Pty Ltd — Australiahttps://fusionmarkets.com/2026-09-15
VFSCGleneagle Securities Pty Limited — Vanuatuhttps://fusionmarkets.com/About-us/Regulations2026-09-15

Register office

Checked by
Priya Nair · Register office · Regulation & Safety Lead

Every entity row on this record was checked against the authority's own database or the firm's own published legal page. Where no number was published, the field is left as “not verified” rather than filled.