The matchup pits cost-focused Fusion Markets against global powerhouse Interactive Brokers. Each emphasizes different strengths across regulation, instruments, and platforms.
Interactive Brokers edges Fusion Markets on editorial score (4.6 vs 4.2, gap 0.4) and breadth of markets, with 17,000 instruments and top-tier regulation.
Find out which broker best suits your trader profile.
Choose Fusion Markets if…
Choose Fusion Markets if you want ultra-low ECN commissions at $4.5 per lot and access to MT4, MT5, or cTrader.
Choose Interactive Brokers if…
Choose Interactive Brokers if you need broad global market access with 17,000 instruments, a proprietary platform, and multilingual support.
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 0.20 pips for Interactive Brokers, reducing trading costs.
| Editorial score | 4.2/ 5 | 4.6/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.2 / 5 | 4.8 / 5▲ |
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
A closer look at the specific criteria each broker meets or misses within each scoring category.
| Criteria | Fusion Markets | Interactive Brokers |
|---|---|---|
| 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) | Fail | Pass |
| 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 | Fail |
| Proprietary platform | Fail | Pass |
| Mobile app | Pass | Pass |
| Advanced charting tools | Fail | Pass |
| Customer Support | ||
| 24/5 live chat | Fail | Fail |
| Phone support | Fail | Pass |
| Multilingual support | Fail | Pass |
The scores are close: Fusion Markets rates 4.2/5 and Interactive Brokers rates 4.6/5. Interactive Brokers 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 Interactive Brokers's 0.2 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
Neither Fusion Markets nor Interactive Brokers requires a minimum deposit, making both accessible regardless of starting capital.
Both Fusion Markets and Interactive Brokers 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.
Fusion Markets lists maximum leverage of 500:1, while Interactive Brokers lists up to 50:1. Available leverage depends on your jurisdiction. EU retail clients under ESMA rules are capped at 1:30 on major forex pairs.
Interactive Brokers charges $2 per lot, lower than Fusion Markets's $4.5 per lot. Lower commissions benefit active traders who execute many trades per day.
Fusion Markets supports cTrader, MetaTrader 5, MetaTrader 4, while Interactive Brokers supports Trader Workstation (TWS), Proprietary Web/Mobile. Fusion Markets has exclusive access to cTrader and MetaTrader 5 and MetaTrader 4. Interactive Brokers has exclusive access to Trader Workstation (TWS) and Proprietary Web/Mobile.
Interactive Brokers wins for safety & regulation with multiple top-tier authorities and investor compensation coverage.
Interactive Brokers wins for active traders due to the lowest margin rates and vast instrument access.
Interactive Brokers is better suited for scalpers: lower commission ($2/lot).
Fusion Markets offers a choice of MT4, MT5, and cTrader, broadening platform flexibility.
Fusion Markets appeals to beginners with zero minimum deposit and clear pricing.
Interactive Brokers wins for instrument variety with 17,000 markets.
Fees & Spreads 30% weight | 4.5 / 5 | 4.6 / 5▲ |
|---|
Platforms & Tools 20% weight | 3.9 / 5 | 4.6 / 5▲ |
|---|
Customer Support 10% weight | 3.8 / 5 | 4.0 / 5▲ |
|---|
| Founded | 2017 | 1978 |
|---|
| Headquarters | Melbourne, Australia | Greenwich, United States |
|---|
| Min Deposit | No minimum | No minimum |
|---|
| Spreads From | 0 pips▼ lower | 0.2 pips |
|---|
| Commission / lot | $4.5/lot | $2/lot▼ lower |
|---|
| 0.45 pips | 0.4 pips▼ lower |
| Max Leverage | 500:1 | 50:1▲ higher |
|---|
| Inactivity Fee | None | None |
|---|
| Deposit Fee | Free | Free |
|---|
| Deposit methods | Bank transferCredit cardDebit cardSkrillNetellerPayPal | Bank transferACH |
|---|
| Withdrawal methods | Bank transferCredit cardSkrillNetellerPayPal | Bank transferACH |
|---|
| Withdrawal Fee | Free | First withdrawal/month free |
|---|
| Regulators | ASIC VFSC | FCA ASIC JFSA IIROC DFSA CNB CMVM CNV AMF SEC MFSA SFC SEBI CBI CMF NFA FSC FINRA |
|---|
| Platforms | cTrader MetaTrader 5 MetaTrader 4 | Trader Workstation (TWS) Proprietary Web/Mobile |
|---|
| Active bonuses |
|---|
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
Pros
Available to US residents
Lowest margin rates in industry
150+ global markets
Regulated by top-tier authorities (FCA, ASIC, CySEC)
Client funds held in segregated accounts
Negative balance protection
Investor compensation scheme coverage
Raw spread account available
No deposit fees
No inactivity fee
Mobile trading app available
Proprietary trading platform available
Advanced charting tools included
Transparent pricing with clear cost disclosure
Phone support available
Multilingual customer 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
Cons
Steeper learning curve on TWS
No MT4 / MT5
No MetaTrader support
No 24/5 live chat
Dig deeper into each broker’s features, fees, and regulation.
Score 4.2 / 5
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