In a head-to-head comparison, Axi and Fusion Markets navigate trust, fees, and platforms. The tension lies in how each balances regulation, cost, and trader support.
Axi offers an investor compensation scheme, while Fusion Markets does not, signaling greater protection for client funds.
Find out which broker best suits your trader profile.
Choose Axi if…
Choose Axi if you value investor protection through a compensation scheme and access to 24/5 live chat.
Choose Fusion Markets if…
Choose Fusion Markets if you want lower commissions than Axi and access to MT4, MT5, plus cTrader.
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
Both brokers offer spreads from 0.00 pips.
| Editorial score | 4.1/ 5 | 4.2/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.2 / 5 | 4.2 / 5 |
Pros
No minimum deposit
Strong ASIC, FCA, and DFSA regulation
MT4-focused with excellent EA and algorithmic trading support
No inactivity fee
Client funds held in segregated accounts
Negative balance protection
A closer look at the specific criteria each broker meets or misses within each scoring category.
| Criteria | Axi | 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 | Pass | 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 |
The scores are close: Axi rates 4.1/5 and Fusion Markets rates 4.2/5. Fusion Markets 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.
Both Axi and Fusion Markets start from 0 pips, making them equivalent on this metric. Compare commissions and account types to evaluate total trading costs.
Neither Axi nor Fusion Markets requires a minimum deposit, making both accessible regardless of starting capital.
Both Axi and Fusion Markets hold licences from top-tier regulators, indicating a high standard of regulatory oversight. Check each broker's specific regulatory bodies to confirm coverage in your jurisdiction.
For beginners, both brokers provide negative balance protection. Also compare demo account availability and educational resources on each broker's site before deciding.
Axi lists maximum leverage of 500:1, while Fusion Markets lists up to 500:1. Available leverage depends on your jurisdiction. EU retail clients under ESMA rules are capped at 1:30 on major forex pairs.
Fusion Markets charges $4.5 per lot, lower than Axi's $7 per lot. Lower commissions benefit active traders who execute many trades per day.
Axi supports DXtrade, MetaTrader 4, while Fusion Markets supports cTrader, MetaTrader 5, MetaTrader 4. Both provide MetaTrader 4. Axi has exclusive access to DXtrade. Fusion Markets has exclusive access to cTrader and MetaTrader 5.
Axi wins due to ASIC, FCA, DFSA oversight and investor protection.
Fusion Markets wins for active traders with lower commissions than Axi.
Fusion Markets is better suited for scalpers: lower commission ($4.5/lot).
Fusion Markets wins for platform choice with MT4, MT5, and cTrader.
Fusion Markets leads instrument variety with 250 tradable instruments.
Fees & Spreads 30% weight | 4.2 / 5 | 4.5 / 5▲ |
|---|
Platforms & Tools 20% weight | 3.9 / 5 | 3.9 / 5 |
|---|
Customer Support 10% weight | 3.9 / 5▲ | 3.8 / 5 |
|---|
| Founded | 2007 | 2017 |
|---|
| Headquarters | Sydney, Australia | Melbourne, Australia |
|---|
| Min Deposit | No minimum | No minimum |
|---|
| Spreads From | 0 pips | 0 pips |
|---|
| Commission / lot | $7/lot | $4.5/lot▼ lower |
|---|
| 0.7 pips | 0.45 pips▼ lower |
| Max Leverage | 500:1 | 500:1 |
|---|
| Inactivity Fee | None | None |
|---|
| Deposit Fee | Free | Free |
|---|
| Deposit methods | Bank transferCredit cardDebit cardSkrillNeteller | Bank transferCredit cardDebit cardSkrillNetellerPayPal |
|---|
| Withdrawal methods | Bank transferCredit cardSkrillNeteller | Bank transferCredit cardSkrillNetellerPayPal |
|---|
| Withdrawal Fee | Free | Free |
|---|
| Regulators | FCA ASIC DFSA | ASIC VFSC |
|---|
| Platforms | DXtrade MetaTrader 4 | cTrader MetaTrader 5 MetaTrader 4 |
|---|
| Active bonuses |
|---|
Investor compensation scheme coverage
Raw spread account available
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
ETF CFDs available at the same ultra-low commission rate
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
No MT5 or cTrader support
Pro account commission of $7/lot is above some ECN peers
Research and education tools are more limited than some peers
No proprietary platform
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
Dig deeper into each broker’s features, fees, and regulation.
Score 4.1 / 5
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