Two brokers clash: a native crypto exchange with social trading under VARA versus an ASIC-regulated CFD broker with tight pricing. The spotlight is asset depth, regulation, and platform approach.
Find out which crypto exchange best suits your trading profile.
Choose if…
Choose BingX if you want social trading with 700+ assets on a VARA-regulated native exchange.
Choose if…
Choose Fusion Markets if you prefer ASIC regulation, negative balance protection, and MT4/MT5 access.
Which exchange wins for each type of crypto trader, based on security, fees, coin selection, and editorial scoring.
| Criteria | ||
|---|---|---|
| Editorial score | 3.9/ 5 | 3.8/ 5 |
| Min Deposit | No minimum | No minimum |
| Spreads From | N/A | 0 pips |
| Taker Fee | 0.10%▼ lower | 4.50% |
A closer look at the specific criteria each exchange meets or misses within each scoring category.
| Criteria | BingX | Fusion Markets |
|---|---|---|
| Security | ||
| Cold storage for assets | Pass | Fail |
| Proof of reserves published | Pass | Fail |
| Segregated client funds | Fail | Pass |
| Top-tier regulator (FCA, ASIC, etc.) | Fail | Pass |
| Fees | ||
| No deposit fee | Pass | Pass |
| No inactivity fee | Pass | Pass |
| Transparent pricing page | Pass | Pass |
| Features | ||
| Staking available | Fail | Fail |
| DeFi integration | Fail | Fail |
| NFT trading | Fail | Fail |
| 500+ coins listed | Pass | Fail |
| Support | ||
| Mobile app | Pass | Pass |
| 24/5 live chat | Pass | Fail |
| Phone support | Fail | Fail |
The scores are close: BingX rates 3.9/5 and Fusion Markets rates 3.8/5. BingX has a marginal edge in our scoring, but the difference is small enough that your specific priorities — fees, platforms, or regulatory jurisdiction — should guide the final choice.
Fusion Markets lists a spread from 0. Current spread data is not available for BingX. Check both exchanges' full fee schedules, including maker/taker rates, for up-to-date pricing.
Neither BingX nor Fusion Markets requires a minimum deposit, making both accessible regardless of starting capital.
Fusion Markets holds top-tier regulation (ASIC, VFSC), providing stronger investor protections. BingX may be regulated but does not hold top-tier status in our data. Verify regulatory status on each regulator's public register before depositing funds.
For beginners, Fusion Markets provides negative balance protection, capping losses at your deposit amount. Also compare demo account availability and educational resources on each exchange's site before deciding.
BingX offers up to 150:1 on perpetual or margin products, versus Fusion Markets's 2:1 cap. Margin and futures trading carry higher risk than spot crypto; confirm product availability and jurisdiction-specific limits on each exchange's website.
BingX charges $0.1 per trade, lower than Fusion Markets's $4.5 per trade. Lower commissions benefit active traders who execute many trades per day. Crypto fees are typically quoted as maker/taker rates rather than fixed per-trade commissions; check each exchange's fee schedule for volume-based discounts.
BingX supports Proprietary Web/Mobile, while Fusion Markets supports cTrader, MetaTrader 4, MetaTrader 5. BingX has exclusive access to Proprietary Web/Mobile. Fusion Markets has exclusive access to cTrader and MetaTrader 4 and MetaTrader 5.
BingX lists 500+ coins while Fusion Markets does not meet this threshold in our data. For traders who want access to many altcoins, BingX has the broader selection. Confirm specific coin availability for your region on each exchange's website.
Fusion Markets benefits from ASIC regulation, negative balance protection, and segregated client funds.
Fusion Markets offers among the lowest ECN commissions, plus zero minimum deposit.
BingX lists 700+ assets, far outpacing Fusion Markets' four crypto pairs.
Equally matched for beginners with zero minimum deposits and zero deposit fees.
Equally matched for DeFi and Web3 as neither offers DeFi access or NFT trading.
| N/A |
| 0.45 pips |
| Inactivity Fee | None | None |
|---|
| Deposit Fee | Free | Free |
|---|
| Deposit methods | CryptoBank transferCredit cardDebit card | Bank transferCredit cardDebit cardSkrillNetellerPayPal |
|---|
| Withdrawal methods | CryptoBank transfer | Bank transferCredit cardSkrillNetellerPayPal |
|---|
| Withdrawal Fee | Network fee only | Free |
|---|
| Regulators | VARA | ASIC VFSC |
|---|
| Cold Storage | Yes | No |
|---|
| Proof of Reserves | Yes | No |
|---|
| Staking | No | No |
|---|
| DeFi Integration | No | No |
|---|
| NFT Trading | No | No |
|---|
| 500+ Coins | Yes | No |
|---|
| P2P Trading | No | No |
|---|
| Crypto Earn / Savings | No | No |
|---|
| Token Launchpad | No | No |
|---|
| Active bonuses | 2 offers | None |
|---|
BingX and Fusion Markets are closely matched, but BingX lists 700+ assets via its own exchange, while Fusion Markets trades only 4 crypto pairs.
Dig deeper into each broker’s features, fees, and regulation.
Score 3.8 / 5
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