In this comparison, two regulation-heavy brokers diverge on cost and platform ecosystems, challenging traders to weigh price against tools.
Fusion Markets and Trade Nation are closely matched overall, with the clearest differentiator being raw vs fixed spreads and platform choices.
Find out which broker best suits your trader profile.
Choose Fusion Markets if…
Choose Fusion Markets for ultra-low raw spreads and broad platform support.
Choose Trade Nation if…
Choose Trade Nation if you want fixed spreads from 0.6 pips and a proprietary platform.
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 0.60 pips for Trade Nation, reducing trading costs.
| Editorial score | 4.2/ 5 | 4.1/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.2 / 5 | 4.2 / 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 | Trade Nation |
|---|---|---|
| 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 | Fail |
| 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 | Pass |
| Phone support | Fail | Pass |
| Multilingual support | Fail | Pass |
The scores are close: Fusion Markets rates 4.2/5 and Trade Nation rates 4.1/5. 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 Trade Nation's 0.6 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
Neither Fusion Markets nor Trade Nation requires a minimum deposit, making both accessible regardless of starting capital.
Both Fusion Markets and Trade Nation 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 Trade Nation 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 Trade Nation are not currently available. Check their website for up-to-date pricing.
Fusion Markets supports cTrader, MetaTrader 5, MetaTrader 4, while Trade Nation supports Proprietary Web/Mobile, MetaTrader 4. Both provide MetaTrader 4. Fusion Markets has exclusive access to cTrader and MetaTrader 5. Trade Nation has exclusive access to Proprietary Web/Mobile.
Equally matched: both have multiple regulators and segregated funds.
Fusion Markets wins for active traders thanks to raw spreads and low commissions.
Fusion Markets is better suited for scalpers: raw/ECN spreads available, tighter spreads from 0.00 pips.
Fusion Markets offers MT4, MT5 and cTrader for diverse trading needs.
Trade Nation provides simple pricing and strong support for new traders.
Trade Nation offers a broader instrument range with about 1000 assets.
Fees & Spreads 30% weight | 4.5 / 5▲ | 4.2 / 5 |
|---|
Platforms & Tools 20% weight | 3.9 / 5 | 3.9 / 5 |
|---|
Customer Support 10% weight | 3.8 / 5 | 3.9 / 5▲ |
|---|
| Founded | 2017 | 2014 |
|---|
| Headquarters | Melbourne, Australia | London, United Kingdom |
|---|
| Min Deposit | No minimum | No minimum |
|---|
| Spreads From | 0 pips▼ lower | 0.6 pips |
|---|
| Commission / lot | $4.5/lot | N/A |
|---|
| 0.45 pips | N/A |
| Max Leverage | 500:1 | 500:1 |
|---|
| Inactivity Fee | None | None |
|---|
| Deposit Fee | Free | Free |
|---|
| Deposit methods | Bank transferCredit cardDebit cardSkrillNetellerPayPal | Bank transferCredit cardDebit card |
|---|
| Withdrawal methods | Bank transferCredit cardSkrillNetellerPayPal | Bank transferCredit card |
|---|
| Withdrawal Fee | Free | Free |
|---|
| Regulators | ASIC VFSC | FCA ASIC |
|---|
| Platforms | cTrader MetaTrader 5 MetaTrader 4 | Proprietary Web/Mobile MetaTrader 4 |
|---|
| 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
Fixed spreads from 0.6 pips with no commission
No minimum deposit and no inactivity fee
Strong FCA and ASIC multi-region regulation
Simple, transparent cost structure ideal for cost-conscious traders
Client funds held in segregated accounts
Negative balance protection
Investor compensation scheme coverage
No deposit fees
Mobile trading app available
Proprietary trading platform available
Advanced charting tools included
24/5 live chat support
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
Limited asset classes, no stocks or ETF CFDs
Proprietary platform is basic compared to MT4/MT5
Fixed spreads widen significantly during major news events
No raw spread account option
No MetaTrader support
Dig deeper into each broker’s features, fees, and regulation.
Score 4.1 / 5
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