Fusion Marketsvs
XMForex Broker Comparison
In this head-to-head, Fusion Markets and XM clash on cost, platforms, and regulation. The axis of tension centers on pricing clarity and asset breadth.
Find out which broker best suits your trader profile.
Choose if…
Choose Fusion Markets if you want no inactivity fees and access to raw spreads with a $4.5/lot commission. You also get a zero minimum deposit and MT4, MT5, and cTrader support.
Choose if…
Choose XM if you value a low $5 minimum deposit and broad regulator oversight. You also get 24/5 live chat and phone 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 0.60 pips for XM, reducing trading costs.
| Editorial score | 4.2/ 5 | 4.3/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.2 / 5 | 4.3 / 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 | XM |
|---|---|---|
| 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 | Fail |
| Transparent pricing page | Pass | Pass |
| Platforms & Tools | ||
| MT4/MT5 available | Pass | Pass |
| Proprietary platform | Fail | Fail |
| 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 XM rates 4.3/5. XM 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 XM's 0.6 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
Fusion Markets has no minimum deposit, while XM requires at least $5. This makes Fusion Markets more accessible for traders with limited starting capital.
Both Fusion Markets and XM 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.
Fusion Markets lists maximum leverage of 500:1, while XM lists up to 1000:1. 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 XM are not currently available. Check their website for up-to-date pricing.
Fusion Markets supports cTrader, MetaTrader 5, MetaTrader 4, while XM supports MetaTrader 5, MetaTrader 4. Both provide MetaTrader 5 and MetaTrader 4. Fusion Markets has exclusive access to cTrader.
XM wins for safety & regulation with multiple top-tier regulators and segregated client funds.
XM wins for active traders thanks to higher leverage up to 1000:1.
Fusion Markets is better suited for scalpers: raw/ECN spreads available, tighter spreads from 0.00 pips.
Fusion Markets wins for platform choice with MT4, MT5, and cTrader.
Fusion Markets wins for beginners with $0 minimum deposit and easy entry.
XM wins for instrument variety with about 1,400 assets vs Fusion's 250.
Fees & Spreads 30% weight | 4.5 / 5▲ | 4.3 / 5 |
|---|
Platforms & Tools 20% weight | 3.9 / 5 | 4.2 / 5▲ |
|---|
Customer Support 10% weight | 3.8 / 5 | 4.4 / 5▲ |
|---|
| Founded | 2017 | 2009 |
|---|
| Headquarters | Melbourne, Australia | Limassol, Cyprus |
|---|
| Min Deposit | No minimum▼ lower | $5 |
|---|
| Spreads From | 0 pips▼ lower | 0.6 pips |
|---|
| Commission / lot | $4.5/lot | N/A |
|---|
| 0.45 pips | N/A |
| Max Leverage | 500:1▲ higher | 1,000:1 |
|---|
| Inactivity Fee | None | $5/month (after 90 days) |
|---|
| Deposit Fee | Free | Free |
|---|
| Deposit methods | Bank transferCredit cardDebit cardSkrillNetellerPayPal | Bank transferCredit cardDebit cardSkrillNeteller |
|---|
| Withdrawal methods | Bank transferCredit cardSkrillNetellerPayPal | Bank transferCredit cardSkrillNeteller |
|---|
| Withdrawal Fee | Free | Free for most methods |
|---|
| Regulators | ASIC VFSC | ASIC CySEC ASF FSC KNF |
|---|
| Platforms | cTrader MetaTrader 5 MetaTrader 4 | MetaTrader 5 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
USD 5 minimum deposit
Strong bonus program
Multilingual support
Regulated by top-tier authorities (FCA, ASIC, CySEC)
Client funds held in segregated accounts
Negative balance protection
Investor compensation scheme coverage
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
Cons
Spreads not as tight as ECN-style brokers
Not available to US clients
No raw spread account option
Inactivity fee applies
No proprietary platform
In this head-to-head, Fusion Markets and XM clash on cost, platforms, and regulation. The axis of tension centers on pricing clarity and asset breadth.
Fusion Markets and XM are closely matched overall, with instrument variety serving as the clearest differentiator - XM offers 1,400 instruments versus Fusion's 250.
No deposit fees
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
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
Score 4.3 / 5
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