Two similar forex brokers are pitted against each other on regulation, costs, and platform options. Deriv and Fusion Markets come to the table with distinct regulatory footprints and support offerings.
Deriv and Fusion Markets are closely matched overall. Fusion Markets has a top-tier regulator, the clearest differentiator, while Deriv provides 24/5 live chat support.
Find out which broker best suits your trader profile.
Choose Deriv if…
Choose Deriv if you value 24/5 live chat and a multi-platform line up including a proprietary platform.
Choose Fusion Markets if…
Choose Fusion Markets if you prioritize a top-tier regulator and ECN pricing.
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
Fusion Markets offers tighter spreads from 0.00 pips vs 0.50 pips for Deriv, reducing trading costs.
| Editorial score | 4.1/ 5 | 4.2/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.0 / 5 | 4.2 / 5▲ |
Pros
Synthetic indices trade 24/7, unique offering unavailable at mainstream brokers
Very low $5 minimum deposit
Multi-platform: DTrader, MT5, Deriv X, SmartTrader
MFSA (Malta/EU) licensing for European clients
Client funds held in segregated accounts
A closer look at the specific criteria each broker meets or misses within each scoring category.
| Criteria | Deriv | Fusion Markets |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, CFTC, etc.) | Fail | Pass |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Pass | Pass |
| Compensation scheme (e.g. FSCS) | Fail | Fail |
| Fees & Spreads | ||
| Raw/ECN spreads available | Fail | 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 | Pass | Fail |
| Mobile app | Pass | Pass |
| Advanced charting tools | Fail | Fail |
| Customer Support | ||
| 24/5 live chat | Pass | Fail |
| Phone support | Fail | Fail |
| Multilingual support | Pass | Fail |
The scores are close: Deriv 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.
Fusion Markets starts from 0 pips, tighter than Deriv's 0.5 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
Fusion Markets has no minimum deposit, while Deriv requires at least $5. This makes Fusion Markets more accessible for traders with limited starting capital.
Fusion Markets holds top-tier regulation (ASIC, VFSC), providing stronger investor protections. Deriv 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, two factors stand out: Fusion Markets has no minimum deposit, removing the capital barrier entirely, and both brokers provide negative balance protection. Also compare demo account availability and educational resources before deciding.
Deriv lists maximum leverage of 1000:1, 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 on commission-based accounts. Commission details for Deriv are not currently available. Check their website for up-to-date pricing.
Deriv supports MetaTrader 5, Proprietary Web/Mobile, DXtrade, while Fusion Markets supports cTrader, MetaTrader 5, MetaTrader 4. Both provide MetaTrader 5. Deriv has exclusive access to Proprietary Web/Mobile and DXtrade. Fusion Markets has exclusive access to cTrader and MetaTrader 4.
Fusion Markets wins safety and regulation with ASIC-backed oversight and a top-tier regulator.
Fusion Markets is best for active traders thanks to low ECN commissions and raw spreads.
Fusion Markets is better suited for scalpers: raw/ECN spreads available, tighter spreads from 0.00 pips.
Deriv wins platform choice with a proprietary platform alongside MT5 and DXtrade.
Fusion Markets is best for beginners due to a $0 minimum deposit.
Fusion Markets offers more instruments with 250 compared to Deriv's 200.
Fees & Spreads 30% weight | 4.2 / 5 | 4.5 / 5▲ |
|---|
Platforms & Tools 20% weight | 4.2 / 5▲ | 3.9 / 5 |
|---|
Customer Support 10% weight | 3.9 / 5▲ | 3.8 / 5 |
|---|
| Founded | 1999 | 2017 |
|---|
| Headquarters | Birkirkara, Malta | Melbourne, Australia |
|---|
| Min Deposit | $5 | No minimum▼ lower |
|---|
| Spreads From | 0.5 pips | 0 pips▼ lower |
|---|
| Commission / lot | N/A | $4.5/lot |
|---|
| N/A | 0.45 pips |
| Max Leverage | 1,000:1 | 500:1▲ higher |
|---|
| Inactivity Fee | None | None |
|---|
| Deposit Fee | Free | Free |
|---|
| Deposit methods | Bank transferCredit cardDebit cardSkrillNetellerFasaPayCrypto | Bank transferCredit cardDebit cardSkrillNetellerPayPal |
|---|
| Withdrawal methods | Bank transferCredit cardSkrillNetellerFasaPayCrypto | Bank transferCredit cardSkrillNetellerPayPal |
|---|
| Withdrawal Fee | Free | Free |
|---|
| Regulators | LFSA FSC BVI MFSA VFSC | ASIC VFSC |
|---|
| Platforms | MetaTrader 5 Proprietary Web/Mobile DXtrade | cTrader MetaTrader 5 MetaTrader 4 |
|---|
| Active bonuses |
|---|
Negative balance protection
No deposit fees
No inactivity fee
MetaTrader 4 and MetaTrader 5 supported
Mobile trading app available
Proprietary trading platform available
Transparent pricing with clear cost disclosure
24/5 live chat support
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
Synthetic indices are proprietary instruments, not conventional regulated assets
Regulatory quality varies significantly by entity (MFSA vs VFSC/FSC BVI)
Customer support can be slow during peak periods
No top-tier regulatory licence
No investor compensation scheme
No raw spread account option
Limited charting capabilities
No phone support
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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