A head-to-head comparison of Admirals and Fusion Markets across regulation, trading costs, platforms, and editorial scoring.
Multi-regulated broker with extensive account range, competitive Zero account spreads, strong EU regulation and quality webinar and education content.
One of the lowest-cost ECN brokers globally at $4.50/lot, no minimum deposit, and three platform options - strong value for cost-conscious traders.
Admirals and Fusion Markets are extremely closely matched with scores of 4.3/5 and 4.2/5. The right choice depends on your individual trading priorities.
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
Fusion Markets offers tighter spreads from 0 pips vs 0.5 pips for Admirals, reducing trading costs.
Admirals has a stronger safety profile: top-tier regulation, compensation scheme, segregated funds, negative balance protection.
Fusion Markets has a cost edge: tighter spreads from 0 pips, lower commission ($4.5/lot).
Fusion Markets offers more exclusive platform options: cTrader.
Admirals edges out Fusion Markets with a higher editorial score (4.3/5 vs 4.2/5), indicating a stronger overall experience for new traders.
| Editorial score | 4.3/ 5 | 4.2/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.3 / 5▲ | 4.2 / 5 |
Fees & Spreads 30% weight | 4.4 / 5 | 4.5 / 5▲ |
Platforms & Tools 20% weight | 4.2 / 5▲ | 3.9 / 5 |
Customer Support 10% weight | 4.2 / 5▲ | 3.8 / 5 |
| Founded | 2001 | 2017 |
| Headquarters | Tallinn, Estonia | Melbourne, Australia |
| Min deposit | $100 | No minimum |
| Spreads from | 0.5 pips | 0 pips |
| Commission / lot | $6/lot | $4.5/lot |
| Max leverage | 500:1 | 500:1 |
| Withdrawal fee | Free | Free |
| Regulators | FCA ASIC CySEC KNF | ASIC VFSC |
| Platforms | MetaTrader 4 MetaTrader 5 | MetaTrader 4 MetaTrader 5 cTrader |
| Active bonuses | ||
| Visit broker | Visit Admirals | Visit Fusion Markets |
Pros
Extensive range of accounts including Zero, Trade, and Invest
Strong FCA and CySEC regulation covering EU and UK traders
High-quality educational content including live webinars
Zero account offers spreads from 0.5 pips with $6 round-turn commission
Client funds held in segregated accounts
Negative balance protection
Investor compensation scheme coverage
No deposit fees
MetaTrader 4 and MetaTrader 5 supported
Mobile trading app available
Advanced charting tools included
Transparent pricing with clear cost disclosure
24/5 live chat support
Phone support available
Multilingual customer support
Pros
Among the lowest ECN commissions globally at $4.50/lot round-turn
No minimum deposit and no inactivity fee
Supports MT4, MT5, and cTrader
ASIC regulated with strong Australian broker infrastructure
Client funds held in segregated accounts
Negative balance protection
Raw spread account available
No deposit fees
MetaTrader 4 and MetaTrader 5 supported
Mobile trading app available
Transparent pricing with clear cost disclosure
Cons
Platform-heavy - MT4 and MT5 only, no proprietary platform
Customer support quality varies by region
Not available to US clients
Inactivity fee applies
Cons
Smaller, newer broker (est. 2017) with limited global brand recognition
Limited research and educational content
VFSC license used for non-AU clients offers fewer protections
No investor compensation scheme
No proprietary platform
Limited charting capabilities
No 24/5 live chat
No phone support
Support available in limited languages
A closer look at the specific criteria each broker meets or misses within each scoring category.
| Criteria | Admirals | Fusion Markets |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, CFTC, etc.) | Pass | Pass |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Pass | Pass |
| Compensation scheme (e.g. FSCS) | Pass | Fail |
| Fees & Spreads | ||
| Raw/ECN spreads available | Pass | Pass |
| No deposit fee | Pass | Pass |
| No inactivity fee | Fail | Pass |
| Transparent pricing page | Pass | Pass |
| Platforms & Tools | ||
| MT4/MT5 available | Pass | Pass |
| Proprietary platform | Fail | Fail |
| Mobile app | Pass | Pass |
| Advanced charting tools | Pass | Fail |
| Customer Support | ||
| 24/5 live chat | Pass | Fail |
| Phone support | Pass | Fail |
| Multilingual support | Pass | Fail |
Based on our independent editorial scoring, Admirals ranks higher with a score of 4.3/5 vs 4.2/5 for Fusion Markets. The best choice still depends on your individual trading needs; Admirals and Fusion Markets may each suit different trader profiles.
Fusion Markets offers tighter spreads starting from 0 pips, compared to Admirals's spreads from 0.5 pips. Tighter spreads lower the cost per trade, particularly valuable for high-frequency and scalping strategies.
Fusion Markets has a lower minimum deposit of no minimum required, while Admirals requires at least $100. This makes Fusion Markets more accessible for traders with limited starting capital.
Both Admirals and Fusion Markets hold licences from top-tier regulators, indicating a high standard of regulatory oversight. Both are considered safe. Check each broker's specific regulatory bodies to confirm coverage in your jurisdiction.
For beginners: Fusion Markets has a lower minimum deposit (no minimum), lowering the barrier to entry; both brokers offer negative balance protection. Also weigh up educational resources and customer support quality before deciding.
Admirals offers maximum leverage of 500:1, while Fusion Markets offers up to 500:1. Available leverage varies by account type, instrument, and jurisdiction. Higher leverage amplifies both potential profits and losses. Always use appropriate risk management.
Fusion Markets charges $4.5 per lot, lower than Admirals's $6 per lot. Lower commissions benefit active traders who execute many trades per day.
Admirals supports MetaTrader 4, MetaTrader 5 and Fusion Markets offers MetaTrader 4, MetaTrader 5, cTrader; both support MetaTrader 4, MetaTrader 5; Fusion Markets exclusively offers cTrader.
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