Fusion Markets Zero Account: Raw Spreads and a $4.50 Commission Explained

The Zero account passes Fusion Markets' raw spreads to you and charges a fixed commission on top. Spreads start from 0.0 pips. Commission is $2.25 per side for each standard lot, which makes $4.50 for opening and closing one lot. No minimum account size applies, micro lots are allowed, and every product and trading style is open to you.

Fusion's forex page lists an average EUR/USD spread of 0.01 pips and a minimum of 0.00, with USD/JPY averaging 0.04. At those levels the commission is nearly the whole cost of a trade, which is why the account suits people who want to know their costs to the cent.

What a Zero trade costs

Commission scales with size. A mini lot costs a tenth of a standard lot, and a micro lot a hundredth. Add the raw spread and you have the full cost of getting in and out.

Expressed in pips, $4.50 on a standard lot equals 0.45 pips. Put the average raw spread beside it and the all-in cost on EUR/USD is around half a pip. Classic, by comparison, runs close to 0.92 pips on the same pair according to the broker's FAQ.

How cTrader and TradingView charge

MetaTrader charges per lot. cTrader does it differently, and TradingView accounts use cTrader's backend, so the same method applies there. Commission is $2.25 per $100,000 of notional volume per side, taken in the base currency of the pair you trade.

One lot of EUR/USD is 100,000 euros, so the charge is 2.25 euros per side. A lot of AUD/USD costs 2.25 Australian dollars per side. Those amounts are then converted to your account currency. Gold and silver need extra care because a lot isn't worth exactly 100,000 of anything; the fee follows the dollar value of the position.

In practice a euro-based trade costs a little more in dollar terms than an Australian-dollar one, since 2.25 euros is worth more than 2.25 Australian dollars. The difference is small, but frequent traders should build it into their numbers.

Zero against Classic

Both accounts draw on the same raw price. Classic adds roughly 0.9 pips and removes the commission line. On one lot of EUR/USD, Zero costs about $4.60 against about $9.20 on Classic. Zero is cheaper at every size; what changes is whether the saving is large enough to care about.

• At 0.01 lots, you save about 4 cents a trade.
• On 0.10 lots, about 46 cents.
• For 1 lot, about $4.60.
• Over 50 lots a month, roughly $230.

Classic can still suit someone who wants the chart price to be the full price. Our Fusion Markets account types guide sets out both in one table.

Who the Zero account suits

Scalpers and day traders gain the most. Their targets are small, so half a pip saved on each trade is a meaningful share of the profit. Expert advisors that trade often benefit for the same reason, and Fusion allows EAs, scalping and hedging on the account.

Traders who hold for days pay the entry cost once and the swap each night. For them the overnight charge matters more than the commission, and either account works. Beginners on micro lots can choose freely, as the table above shows.

How to open a Zero account

1. Register and verify your identity in the Client Hub.
2. Select Live, then New Account.
3. Choose Zero as the account type.
4. Pick MT4, MT5, cTrader or TradingView and a base currency.
5. Create the account and check your email for the login.

Already on Classic? Email support and ask for the account to be switched. Details of the documents and timings are in our account opening guide, and all other charges, including swaps and the inactivity fee, are in the Fusion Markets fees guide.

When commission is charged

Commission is taken per side. Half is charged when the position opens and half when it closes, which adds up to $4.50 per standard lot for the round trip. Your trade therefore begins slightly below zero even when the spread is nil. On a 0.10 lot position the opening charge is about 23 cents.

Break-even is easy to work out. On EUR/USD, $4.50 per lot equals 0.45 pips, and the average raw spread adds about 0.01. Price has to move roughly half a pip in your favour before the position is square. Scalpers aiming for three or four pips should set targets with that half pip already counted.

Markets beyond forex

The $2.25 per side applies to forex and metals. Crypto CFDs and equity index CFDs carry no commission on Fusion's product pages, so on those you pay the spread only, whichever account you hold. Check the commission table on the trading conditions page for anything else you plan to trade, since rates differ by asset class.

Overnight swaps are the same on Zero and Classic. They are charged at 00:00 server time, 17:00 in New York, and the current rate for each symbol is shown in the platform. Commission is a one-off cost per trade; swap is a daily one, and on a position held for weeks it becomes the larger of the two.

Limits to keep in mind

Orders run from 0.01 lots to 100 lots each, with up to 200 open and pending orders on MetaTrader and 2,000 positions on cTrader. Fusion+ copy trading works on MetaTrader Zero accounts but not on cTrader. The swap-free version is a separate product with its own 1.4-pip minimum spread, so it isn't a Zero account with swaps removed.

Frequently asked

Related reading

• Fusion Markets account types
• Fusion Markets fees
• Fusion Markets platforms
• Fusion Markets TradingView
• Our full Fusion Markets review