FBS vs Fusion Markets Forex Broker Comparison
A head-to-head comparison of FBS and Fusion Markets across regulation, trading costs, platforms, and editorial scoring.
Offshore broker with CySEC and IFSC licensing, dominant in Southeast Asia and MENA through heavy localised marketing and generous bonuses - best evaluated on regulatory strength rather than promotion value.
VS
Score 4.2 / 5
2 bonusesOne of the lowest-cost ECN brokers globally at $4.50/lot, no minimum deposit, and three platform options - strong value for cost-conscious traders.
Our Verdict
Fusion Markets winsby 0.3 pts
Fusion Markets edges ahead with a score of 4.2/5 vs FBS's 3.9/5. A narrow margin, so review the breakdown below to see where each broker has a clear advantage.
Verdict by Trader Profile
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
Best for low cost trading
It's a tie
Both equally suited
Both brokers offer spreads from 0 pips.
Best for safety & regulation
Recommended
Fusion Markets has a stronger safety profile: top-tier regulation, segregated funds, negative balance protection.
Best for active traders
Recommended
Fusion Markets has a cost edge: lower commission ($4.5/lot).
Best for platform choice
Recommended
Fusion Markets offers more exclusive platform options: cTrader.
Best for beginners
Recommended
Fusion Markets edges out FBS with a higher editorial score (4.2/5 vs 3.9/5), indicating a stronger overall experience for new traders.
FBS vs Fusion Markets: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 3.9/ 5 | 4.2/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 3.5 / 5 | 4.2 / 5▲ |
Fees & Spreads 30% weight | 4.0 / 5 | 4.5 / 5▲ |
Platforms & Tools 20% weight | 3.8 / 5 | 3.9 / 5▲ |
Customer Support 10% weight | 4.0 / 5▲ | 3.8 / 5 |
| Founded | 2009 | 2017 |
| Headquarters | Belize City, Belize | Melbourne, Australia |
| Min deposit | $1 | No minimum |
| Spreads from | 0 pips | 0 pips |
| Commission / lot | $20/lot | $4.5/lot |
| Max leverage | 3000:1 | 500:1 |
| Withdrawal fee | Free | Free |
| Regulators | FSCA CySEC IFSC | ASIC VFSC |
| Platforms | MetaTrader 4 MetaTrader 5 | MetaTrader 4 MetaTrader 5 cTrader |
| Active bonuses | ||
| Visit broker | Visit FBS | Visit Fusion Markets |
FBS vs Fusion Markets Forex Broker Pros & Cons
Pros
Very low $1 minimum deposit on Cent accounts
MT4 and MT5 on all account types
Multiple account types including Cent, Zero Spread, and ECN
Widely available across Southeast Asia, MENA, and Africa
Client funds held in segregated accounts
Negative balance protection
No deposit fees
No inactivity fee
MetaTrader 4 and MetaTrader 5 supported
Mobile trading app available
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
Primary entity uses IFSC Belize - offshore, limited investor protection
Bonus turnover requirements are onerous
Very high leverage (3000:1) is a significant risk factor for retail clients
No top-tier regulatory licence
No investor compensation scheme
No proprietary platform
Limited charting capabilities
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
FBS vs Fusion Markets: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
3
FBS
criteria wins
1
Fusion Markets
criteria win
Highlighted rows show where the two brokers differ
| Criteria | FBS | 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 | 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 | Fail | Fail |
| Customer Support | ||
| 24/5 live chat | Pass | Fail |
| Phone support | Pass | Fail |
| Multilingual support | Pass | Fail |
FBS vs Fusion Markets: Frequently Asked Questions
Based on our independent editorial scoring, Fusion Markets ranks higher with a score of 4.2/5 vs 3.9/5 for FBS. The best choice still depends on your individual trading needs; FBS and Fusion Markets may each suit different trader profiles.
Both FBS and Fusion Markets offer spreads starting from 0 pips, making them equivalent on this metric. Consider commissions and account types when evaluating total trading costs.
Fusion Markets has a lower minimum deposit of no minimum required, while FBS requires at least $1. This makes Fusion Markets more accessible for traders with limited starting capital.
Fusion Markets holds top-tier regulation (ASIC, VFSC), providing stronger investor protections. FBS may be regulated but does not hold top-tier status in our data. Always verify regulatory status with the broker directly before depositing funds.
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.
FBS offers maximum leverage of 3000:1, 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 FBS's $20 per lot. Lower commissions benefit active traders who execute many trades per day.
FBS 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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