Fusion Markets and Pionex clash on regulation, fees, and crypto depth, pitting an ASIC ECN broker against a MAS-licensed native exchange with built-in bots.
Find out which crypto exchange best suits your trading profile.
Choose if…
Choose Fusion Markets if you value ASIC regulation with negative balance protection and zero minimum deposit.
Choose if…
Choose Pionex if you want a MAS-licensed native crypto exchange with 16 built-in bots and flat 0.05% fees.
Which exchange wins for each type of crypto trader, based on security, fees, coin selection, and editorial scoring.
| Criteria | ||
|---|---|---|
| Editorial score | 3.8/ 5 | 4.0/ 5 |
| Min Deposit | No minimum | No minimum |
| Spreads From | 0 pips | N/A |
| Taker Fee | 4.50% | 0.05%▼ lower |
A closer look at the specific criteria each exchange meets or misses within each scoring category.
| Criteria | Fusion Markets | Pionex |
|---|---|---|
| Security | ||
| Cold storage for assets | Fail | Pass |
| Proof of reserves published | Fail | Fail |
| Segregated client funds | Pass | Fail |
| Top-tier regulator (FCA, ASIC, etc.) | Pass | Fail |
| 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 | Fail | Fail |
| Support | ||
| Mobile app | Pass | Pass |
| 24/5 live chat | Fail | Fail |
| Phone support | Fail | Fail |
The scores are close: Fusion Markets rates 3.8/5 and Pionex rates 4/5. Pionex 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 Pionex. Check both exchanges' full fee schedules, including maker/taker rates, for up-to-date pricing.
Neither Fusion Markets nor Pionex requires a minimum deposit, making both accessible regardless of starting capital.
Fusion Markets holds top-tier regulation (ASIC, VFSC), providing stronger investor protections. Pionex 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.
Fusion Markets offers up to 2:1 on perpetual or margin products, versus Pionex's 5:1 cap. Margin and futures trading carry higher risk than spot crypto; confirm product availability and jurisdiction-specific limits on each exchange's website.
Pionex charges $0.05 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.
Fusion Markets supports cTrader, MetaTrader 5, MetaTrader 4, while Pionex supports Proprietary Web/Mobile. Fusion Markets has exclusive access to cTrader and MetaTrader 5 and MetaTrader 4. Pionex has exclusive access to Proprietary Web/Mobile.
Fusion Markets wins for security due to ASIC regulation and negative balance protection.
Pionex offers flat 0.05% maker/taker fees with no staking.
Fusion Markets offers zero minimum deposit and straightforward access.
Equally matched.
| 0.45 pips |
| N/A |
| Inactivity Fee | None | None |
|---|
| Deposit Fee | Free | Free |
|---|
| Deposit methods | Bank transferCredit cardDebit cardSkrillNetellerPayPal | CryptoBank transferCredit cardDebit card |
|---|
| Withdrawal methods | Bank transferCredit cardSkrillNetellerPayPal | CryptoBank transfer |
|---|
| Withdrawal Fee | Free | Network fee only |
|---|
| Regulators | ASIC VFSC | MAS |
|---|
| Cold Storage | No | Yes |
|---|
| Proof of Reserves | No | No |
|---|
| Staking | No | No |
|---|
| DeFi Integration | No | No |
|---|
| NFT Trading | No | No |
|---|
| 500+ Coins | No | No |
|---|
| P2P Trading | No | No |
|---|
| Crypto Earn / Savings | No | No |
|---|
| Token Launchpad | No | No |
|---|
| Active bonuses | None | 2 offers |
|---|
Pionex leads on editorial score, backed by MAS regulation, 300+ coins, and built-in bots. Fusion Markets remains strong on ASIC oversight and low-cost crypto CFDs, but trails in asset depth.
Dig deeper into each broker’s features, fees, and regulation.
Score 3.8 / 5
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