In this comparison, FP Markets and Fusion Markets vie across regulation, pricing, and platform options. The tension centers on whether stronger licensing and wider platform access outweighs ultra-low commissions.
FP Markets edges Fusion Markets on editorial score and regulator strength, making it the overall winner. Fusion Markets offers lower commissions, but FP Markets' stronger regulation and broader platforms justify the margin.
Find out which broker best suits your trader profile.
Choose FP Markets if…
Choose FP Markets if you want strong regulation and access to about 10,000 tradable instruments.
Choose Fusion Markets if…
Choose Fusion Markets if you want the lowest ECN commission at $4.50 per lot and no minimum deposit.
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 | 4.5/ 5 | 4.2/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.6 / 5▲ | 4.2 / 5 |
Pros
True ECN pricing from 0.0 pips + $6 round-turn commission
Supports MT4, MT5, and cTrader, all three major platforms
IRESS platform for direct-access share CFD trading
Strong ASIC and CySEC regulation
Client funds held in segregated accounts
A closer look at the specific criteria each broker meets or misses within each scoring category.
| Criteria | FP Markets | 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: FP Markets rates 4.5/5 and Fusion Markets rates 4.2/5. FP 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 FP Markets and Fusion Markets start from 0 pips, making them equivalent on this metric. Compare commissions and account types to evaluate total trading costs.
Fusion Markets has no minimum deposit, while FP Markets requires at least $100. This makes Fusion Markets more accessible for traders with limited starting capital.
Both FP Markets 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, 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.
FP Markets 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 FP Markets's $6 per lot. Lower commissions benefit active traders who execute many trades per day.
FP Markets supports cTrader, IRESS, MetaTrader 5, TradingView, MetaTrader 4, while Fusion Markets supports cTrader, MetaTrader 5, MetaTrader 4. Both provide cTrader and MetaTrader 5 and MetaTrader 4. FP Markets has exclusive access to IRESS and TradingView.
FP Markets wins for regulation with ASIC and CySEC oversight and investor compensation coverage.
FP Markets suits active traders with true ECN pricing and access to multiple platforms.
Fusion Markets is better suited for scalpers: lower commission ($4.5/lot).
FP Markets offers MT4 MT5 cTrader TradingView and IRESS, expanding platform options.
Fusion Markets is better for beginners due to no minimum deposit and accessible pricing.
FP Markets wins for instrument variety with about 10,000 tradable instruments.
Fees & Spreads 30% weight | 4.5 / 5 | 4.5 / 5 |
|---|
Platforms & Tools 20% weight | 4.4 / 5▲ | 3.9 / 5 |
|---|
Customer Support 10% weight | 4.3 / 5▲ | 3.8 / 5 |
|---|
| Founded | 2005 | 2017 |
|---|
| Headquarters | Sydney, Australia | Melbourne, Australia |
|---|
| Min Deposit | $100 | No minimum▼ lower |
|---|
| Spreads From | 0 pips | 0 pips |
|---|
| Commission / lot | $6/lot | $4.5/lot▼ lower |
|---|
| 0.6 pips | 0.45 pips▼ lower |
| Max Leverage | 500:1 | 500:1 |
|---|
| Inactivity Fee | None | None |
|---|
| Deposit Fee | Free | Free |
|---|
| Deposit methods | Bank transferCredit cardDebit cardSkrillNetellerPOLiPayPal | Bank transferCredit cardDebit cardSkrillNetellerPayPal |
|---|
| Withdrawal methods | Bank transferCredit cardSkrillNetellerPOLi | Bank transferCredit cardSkrillNetellerPayPal |
|---|
| Withdrawal Fee | Free | Free |
|---|
| Regulators | ASIC CySEC | ASIC VFSC |
|---|
| Platforms | cTrader IRESS MetaTrader 5 TradingView MetaTrader 4 | cTrader MetaTrader 5 MetaTrader 4 |
|---|
| Active bonuses |
|---|
Negative balance protection
Investor compensation scheme coverage
Raw spread account available
No deposit fees
No inactivity fee
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
IRESS platform has a monthly fee for lower-volume traders
Customer support primarily oriented toward Australian trading hours
Not available to US residents
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 4.2 / 5
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