Welcome and thank you for allowing me to assist you! This is probably a failed low brake fluid sensor in the master cylinder reservoir. If you look at the bottom edge of the reservoir, you should be able to see where the connector plugs into the sensor. Replacing it should take care of this problem.
I hope this information helps, and let me know if you need further assistance with this.
Let me see if I can get a picture for you. I will be back in a bit.
Mike, the sensor is #1 in the picture.
Well Mike if the sensor is reading a "false" low brake fluid level, then yes it would cause the red brake light to come on. It is not a fuse. If there was a problem with the ABS, then you would have a Yellow ABS light on also. Now let me clarify something: when you said in your original question that the "low brake fluid" red idiot light is on, does it actually say "low brake fluid"? or does it just say "brake" which is the same light that illuminates when the parking brake is on?
Ok, then it is probably is that sensor Mike. Go ahead and replace it.