Fusion Markets — India
Key facts (8)
- Who actually onboards you
- Indian retail clients are onboarded under the offshore arms Gleneagle
- Licence number
- SD096
- Established
- 2019group
- Min deposit, USD
- not stated
- Platforms
- MetaTrader 4 · MetaTrader 5 · cTrader · TradingView
- Local funding
- Bank wire, Visa/Mastercard, Skrill, Neteller, Pa
- Max leverage
- 500geo
- EURUSD
- 0.9 pipsgroup
This broker against the India middle (52 of 91)
| Fusion Markets | India median | |
|---|---|---|
| Round turn, USD | 4.5 USD | 6.0 USD |
| Min deposit, USD | no data | 30.0 USD |
| Max leverage | 500geo | 500.0geo |
| Withdrawal, h | under an hour for 85% of withdrawals hgroup | 48.0 h |
| EURUSD, standard | 0.9 pipsgroup | 1.0 pips |
| EURUSD, raw | 0.0 pipsgroup | 0.0 pips |
| Established | 2019group | 2008.0 |
| Platforms | 4 | 3 |
Accepts residents of India
Through an offshore entity
Score (6/6 axes)
Ranked against brokers measured on every axis
Licence check
Who actually onboards you
Indian retail clients are onboarded under the offshore arms Gleneagle Securities Pty Limited (Vanuatu VFSC) and/or Fusio
Entity not established
Public rating and its base
Evaluating 4,909 reviews
Round turn against the local middle (52 of 91)
raw+commission
Getting money out
From the entry account upwards
Zero account (raw spreads from 0.0 pips + AUD 4.50/side commission) and Classic account (all-in spreads, no commission);
Terminals, markets, instrument counts (4)
MetaTrader 4 · MetaTrader 5 · cTrader · TradingView
250+ instruments: 90+ forex pairs, metals, commodities, indices, share CFDs and crypto CFDs.
What works and what to watch
Pros (3)
- Round turn 4.5 USD against a India median of 6.0
- Swap-free account available
- Withdrawal published at under an hour for 85% of withdrawals h
Cons (2)
- No local licence: the client is onboarded by a foreign entity
- Minimum deposit for this country not published
Profits, and what India takes
Exchange-traded currency futures & options profit is generally treated as non-speculative business income and taxed at the individual's income-tax slab rates (as of the review). Intraday speculative positions are speculative business income (losses set off only against speculative income, carry-forward 4 years) vs non-speculative losses carry-forward 8 years. A 20% TCS applies on LRS foreign remit
Where it does not serve
Afghanistan, Congo, Iran, Iraq, Japan, Myanmar, New Zealand, North Korea, Ontario (Canada), Palestine, Russia, Spain, Somalia, Sudan, Syria, Ukraine, Yemen, United States and its territories
Methodology
2 + 3 × weighted mean of six axes · reviews 25%, cost 20%, safety 20%, payouts 15%, track_record 10%, platforms 10%
Verified · what changed · sources (2)
Checked: 2026-07-09
FAQ (5)
Does Fusion Markets accept residents of India?
Through an offshore entity.
Which entity onboards a India client of Fusion Markets?
Indian retail clients are onboarded under the offshore arms Gleneagle Securities Pty Limited (Vanuatu VFSC) and/or Fusion Markets International Ltd (Seychelles FSA), not a local entity.
What licence does Fusion Markets hold for India?
Licence SD096.
What does one EURUSD lot cost at Fusion Markets?
4.5 USD per round turn against a India median of 6.0 USD, measured on 52 of 91 brokers.
How long does a withdrawal from Fusion Markets take?
under an hour for 85% of withdrawals hours as published. 85% of withdrawals are processed in under an hour