

| FP Markets | Fusion Markets | |
|---|---|---|
| Our Rating | 86/100 | 91/100 |
| FP Markets Review | Fusion Markets Review | |
| The vast majority of retail investor accounts lose money when trading CFDs. | Lowest Commissions |
Regulations and Licenses
| FP Markets | Fusion Markets | |
|---|---|---|
| ASIC (Australia) | Yes | Yes |
| FSCA (South Africa) | Yes | No |
| CYSEC (Cyprus) | Yes | No |
| FSA (Seychelles) | Yes | Yes |
| FSC (Mauritius) | Yes | No |
| VFSA (Vanuatu) | No | Yes |
Brokerage
| FP Markets | Fusion Markets | |
|---|---|---|
| EUR/USD Avg. Raw Spread | 0.18 | 0.03 |
| GBP/USD Avg. Raw Spread | 0.41 | 0.06 |
| AUD/USD Avg. Raw Spread | 0.38 | 0.03 |
| EUR/USD Standard Spread | 1.27 | 0.83 |
| EUR/USD Fixed Spreads | No | - |
| GBP/USD Avg. Standard Spread | 1.66 | 1.13 |
| AUD/USD Avg. Standard Spread | 1.43 | 0.83 |
| Commissions (USD Base) | $3.00 | $2.25 |
| Minimum Deposit | $100 | $0 |
| Swap Free Account | Yes | Yes |
| No Inactivity Fees | Yes | Yes |
| Funding Methods | 10+ | 12+ |
| No Funding Fees | Yes | Yes |
Markets and Instruments
| FP Markets | Fusion Markets | |
|---|---|---|
| Currency Pairs | 63 | 84 |
| Cryptocurrency CFDs* | 11 | 14 |
| Index CFDs | 19 | 15 |
| Share CFDs | 10000+ | 100+ |
| Commodities CFD | 13 | 16+ |
| Stockbroking | No | - |
| Retail Max Leverage (Australia) | Major Pairs 30:1 Minor Pairs 20:1 | Major Pairs 30:1 Minor Pairs 20:1 |
| Pro. Max Leverage (Australia) | 500:1 | 500:1 |
| Retail Max. Leverage (United Kingdom) | Major Pairs 30:1 Minor Pairs 20:1 | - |
| Pro. Max. Leverage (United Kingdom) | 500:1 | - |
| Retail Max. Leverage (Europe) | Major Pairs 30:1 Minor Pairs 20:1 | - |
| Pro. Max. Leverage (Europe) | 500:1 | - |
| Retail Max. Leverage (With offshore regulators) | 500:1 | 500:1 |
Trading Platforms + Tools
| FP Markets | Fusion Markets | |
|---|---|---|
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| cTrader | Yes | Yes |
| TradingView | Yes | Yes |
| Proprietary Platform | Yes | No |
| Automated Trading | Yes | Yes |
| Social + Copy Trading | Yes | Yes |
| Standard Stop Loss | Yes | Yes |
| Guaranteed Stop Loss | No | No |
| Demo Account | Yes | Yes |
Overall
| FP Markets | Fusion Markets | |
|---|---|---|
| Our Rating | 86 | 91 |
| Visit Site | Visit Site |
How Do Fusion Markets vs FP Markets Compare?
Our comprehensive comparison covers the 10 most crucial trading factors to help you make an informed decision. Here are five key differences between FP Markets and Fusion Markets:
1. Lowest Spreads And Fees: Fusion Markets
Spreads
Looking at the data, it’s clear that there are some differences in the standard account spreads between FP Markets, Fusion Markets, and the industry average.
Fusion Markets consistently offers lower spreads across all forex pairs compared to FP Markets. For instance, the EUR/USD pair has a spread of 0.83 for Fusion Markets, while FP Markets has a spread of 1.24. This trend continues across all pairs, with Fusion Markets offering lower spreads than FP Markets.
| Standard Account | FP Markets Spreads | Fusion Markets Spreads | Industry Spreads |
|---|---|---|---|
| Overall Average | 1.56 | 1.12 | 1.6 |
| EUR/USD | 1.24 | 0.83 | 1.1 |
| USD/JPY | 1.59 | 1.2 | 1.4 |
| GBP/USD | 1.42 | 0.94 | 1.4 |
| AUD/USD | 1.44 | 0.84 | 1.3 |
| USD/CAD | 1.68 | 0.96 | 1.7 |
| EUR/GBP | 1.38 | 1.14 | 1.4 |
| EUR/JPY | 1.88 | 1.51 | 1.9 |
| AUD/JPY | 1.82 | 1.57 | 2.1 |
However, when we compare these two brokers to the industry average, the picture becomes a bit more nuanced. While FP Markets offers lower spreads than the industry average for some pairs (like EUR/USD and USD/JPY), it has higher spreads for others (like USD/CAD and AUD/JPY). Fusion Markets, on the other hand, consistently offers higher spreads than the industry average across all pairs.
Based on this analysis, I would argue that FP Markets is generally the cheaper option when it comes to standard account spreads. However, it’s important to note that the “cheapest” broker can vary depending on the specific forex pair you’re trading. As always, it’s crucial to consider your specific trading needs and strategies when choosing a broker.
Commissions
In terms of commissions, Fusion Markets has a slight edge. According to our research, Fusion Markets charges a commission of $4.50 per lot, which is lower than the $7.00 per lot charged by FP Markets. This difference can add up, especially for high-volume traders.
| | USD | AUD | GBP | EUR |
|---|---|---|---|---|
| FP Markets | $3.00 | N/A | £2.25 | €2.75 |
| Fusion Markets | $2.25 | $2.25 | N/A | N/A |
| Standard Account Spreads | EUR/USD | AUD/USD | EUR/GBP | GBP/USD | USD/JPY |
|---|---|---|---|---|---|
![]() | 1.28 | 1.48 | 1.47 | 1.51 | 1.49 |
![]() | 0.83 | 0.83 | 1.01 | 0.86 | 0.88 |
![]() | 1.13 | 1.01 | 1.71 | 1.66 | 1.12 |
![]() | 1.10 | 1.10 | 1.60 | 1.80 | 2.20 |
![]() | 0.90 | 0.90 | 1.00 | 1.00 | 1.00 |
![]() | 0.50 | 0.60 | 0.70 | 0.90 | 0.70 |
![]() | 1.40 | 1.60 | 1.40 | 1.60 | 1.80 |
![]() | 1.44 | 2.03 | 1.52 | 1.82 | 1.63 |
Avg. spreads are taken from each broker’s website and updated monthly. Last update on 1 Sep 2026
However, it’s worth noting that FP Markets offers a commission-free account type (the Standard account), where costs are included in the spread. This might be a more suitable option for beginner traders or those who trade in smaller volumes.
Our Lowest Spreads and Fees Verdict
While both FP Markets and Fusion Markets offer competitive spreads, Fusion Markets wins this section due to its lower commission charges.
Fusion Markets Review Visit Fusion Markets
2. Better Trading Platform: FP Markets
Both FP Markets and Fusion Markets offer the popular MetaTrader 4 and MetaTrader 5 platforms, known for their reliability, user-friendly interface, and advanced trading features. These platforms are suitable for both beginner and experienced traders, offering a range of tools for technical analysis, automated trading, and customizability.
| Trading Platform | FP Markets | Fusion Markets |
|---|---|---|
| MetaTrader 4 | Yes | Yes |
| MetaTrader 5 | Yes | Yes |
| cTrader | Yes | Yes |
| TradingView | Yes | Yes |
| Copy Trading | Yes | Yes |
| Proprietary Platform | Yes | No |
We have created a software questionnaire if you are unsure what platform best suits your trading style. Based on six simple questions, we can recommend the best trading software for your trading needs.
FP Markets also offers the IRESS platform, which is more suited for advanced traders and offers more sophisticated features, including advanced order types, comprehensive charting tools, and a customizable interface.
Our Better Trading Platform Verdict
While both brokers offer reliable and user-friendly trading platforms, FP Markets wins this section due to the additional offering of the IRESS platform.
FP Markets Review Visit FP Markets
3. Superior Accounts And Features: FP Markets
FP Markets offers two main types of accounts: the Standard account and the Raw account. The Standard account is commission-free with slightly wider spreads, making it suitable for beginners or low-volume traders. The Raw account, on the other hand, offers tighter spreads with a commission per lot, making it more suitable for high-volume traders or scalpers.
Fusion Markets also offers two account types: the Classic account and the Zero account. The Classic account is commission-free with wider spreads, while the Zero account offers tighter spreads with a commission per lot.
| FP Markets | Fusion Markets | |
|---|---|---|
| Standard Account | Yes | Yes |
| Raw Account | Yes | Yes |
| Swap Free Account | Yes | No |
| Active Traders | Yes | Yes |
| Spread Betting (UK) | No | No |
Our Superior Accounts and Features Verdict
Both brokers offer flexible account types to suit different trading styles and preferences. However, FP Markets wins this section due to its more competitive spreads on the Raw account.
FP Markets Review Visit FP Markets
4. Best Trading Experience And Ease: FP Markets
When it comes to trading experience, FP Markets and Fusion Markets both have their unique selling points. FP Markets offers a robust trading environment with MetaTrader 4 and 5, which are platforms that I’ve always found reliable and versatile. Fusion Markets, however, really stands out with its cTrader platform, offering a more intuitive and user-friendly experience.
- FP Markets offers both MetaTrader 4 and 5, giving traders a choice between two industry-leading platforms.
- Fusion Markets excels with its cTrader platform, which is particularly user-friendly.
- FP Markets has a slight edge in execution speed, which can be crucial for day traders.
- Fusion Markets offers a more streamlined trading experience, focusing on ease of use and simplicity.
| | Limit Order Speed | Limit Order Global Rank | Market Order Speed | Market Order Global Rank |
|---|---|---|---|---|
| FP Markets | 225ms | 31/36 | 96ms | 8/36 |
| Fusion Markets | 79ms | 3/36 | 77ms | 1/36 |
Our Best Trading Experience and Ease Verdict
If you’re looking for a diversified trading environment with multiple platform options, FP Markets is the way to go. However, if a simplified, streamlined trading experience is what you’re after, Fusion Markets is your best bet.
FP Markets Review Visit FP Markets
5. Stronger Trust And Regulation: FP Markets
A broker with stronger trust and regulation are, simply, the most reputable and competitive in the industry of forex trading. These brokers ensure a secure and transparent trading environment for traders
Fusion Markets Trust Score
- 63Trust Score
- 45regulation
- 55reputation
- 88reviews
FP Markets Trust Score
- 64Trust Score
- 58regulation
- 58reputation
- 76reviews
Regulation
Trust and regulation are crucial factors to consider when choosing a forex broker. FP Markets is regulated by the Australian Securities and Investments Commission (ASIC) and the Cyprus Securities and Exchange Commission (CySEC), two reputable regulatory bodies. This ensures a high level of investor protection and adherence to strict regulatory standards.
Fusion Markets is also regulated by ASIC, providing a similar level of trust and security. However, it lacks additional regulation from another reputable regulatory body.
| FP Markets | Fusion Markets | |
|---|---|---|
| Tier 1 Regulation | ASIC (Australia) CYSEC (Cyprus) | ASIC (Australia) |
| Tier 2 Regulation | ||
| Tier 3 Regulation | FSA-S (Seychelles) FSC-M (Mauritius) FSCA (South Africa) CMA (Kenya) | VFSC (Vanuatu) FSA-S (Seychelles) |
Reviews
As shown below, FP Markets currently holds a higher Trustpilot score than Fusion Markets. FP Markets boasts an impressive 4.9 out of 5 rating based on over 9,000 reviews. Fusion Markets, while also well-regarded, has a slightly lower Trustpilot score of 4.8 out of 5 from around 4,000 reviews

Our Stronger Trust and Regulation Verdict
While both brokers are trustworthy and well-regulated, FP Markets wins this section due to its dual regulation.
FP Markets Review Visit FP Markets
Most Popular Broker: FP Markets
FP Markets gets searched on Google more than Fusion Markets. On average, FP Markets sees around 49,500 branded searches each month, while Fusion Markets gets about 33,100, that’s 55% fewer.
| Country | FP Markets | Fusion Markets |
|---|---|---|
| Italy | 12,100 | 1,000 |
| India | 2,900 | 1,900 |
| United Kingdom | 2,400 | 1,900 |
| South Africa | 2,400 | 720 |
| Australia | 1,900 | 1,900 |
| Greece | 1,900 | 110 |
| Spain | 1,600 | 480 |
| United States | 1,600 | 2,900 |
| Canada | 1,600 | 1,900 |
| Germany | 1,300 | 880 |
| Pakistan | 1,300 | 480 |
| France | 880 | 1,300 |
| Poland | 720 | 480 |
| Turkey | 720 | 390 |
| Malaysia | 720 | 590 |
| Thailand | 720 | 480 |
| Bangladesh | 720 | 390 |
| Singapore | 590 | 390 |
| Nigeria | 590 | 390 |
| Indonesia | 590 | 320 |
| Brazil | 590 | 480 |
| Morocco | 590 | 260 |
| Kenya | 590 | 390 |
| Netherlands | 480 | 590 |
| Switzerland | 480 | 140 |
| United Arab Emirates | 480 | 320 |
| Cyprus | 480 | 110 |
| Philippines | 390 | 1,000 |
| Vietnam | 320 | 210 |
| Colombia | 260 | 110 |
| Portugal | 210 | 170 |
| Sweden | 210 | 140 |
| Taiwan | 210 | 50 |
| Saudi Arabia | 210 | 140 |
| Egypt | 210 | 170 |
| Algeria | 210 | 170 |
| Cambodia | 210 | 70 |
| Mexico | 170 | 110 |
| Austria | 170 | 110 |
| Hong Kong | 170 | 170 |
| Argentina | 140 | 90 |
| Japan | 140 | 170 |
| Sri Lanka | 140 | 880 |
| Venezuela | 110 | 70 |
| Ethiopia | 110 | 90 |
| Tanzania | 110 | 90 |
| Ireland | 90 | 90 |
| Chile | 70 | 40 |
| Dominican Republic | 70 | 140 |
| Jordan | 70 | 50 |
| Peru | 70 | 30 |
| Uzbekistan | 70 | 40 |
| Ghana | 70 | 90 |
| Ecuador | 70 | 50 |
| Uganda | 70 | 90 |
| Botswana | 50 | 90 |
| New Zealand | 40 | 50 |
| Bolivia | 30 | 10 |
| Costa Rica | 20 | 20 |
| Panama | 20 | 20 |
| Mauritius | 20 | 40 |
| Mongolia | 10 | 10 |
| Country | Monthly searches | Rank |
|---|---|---|
| 12,100 | 1st | |
| 1,000 | 2nd | |
| 2,400 | 3rd | |
| 1,900 | 4th | |
| 1,900 | 5th | |
| 1,900 | 6th | |
| 1,600 | 7th | |
| 480 | 8th |
Similarweb shows a different story when it comes to February 2024 website visits with FP Markets receiving 482,000 visits vs. 497,000 for Fusion Markets.
Our Most Popular Broker Verdict
FP Markets is the more popular broker worldwide based on the number of Google branded searches and visits to the website.
6. Top Product Range And CFD Markets: FP Markets
FP Markets offers a broader range of CFDs, including commodities, indices, and even ETFs. Fusion Markets, on the other hand, is more focused on forex pairs, which might be a limitation for traders who want to diversify their portfolios.
| CFDs | FP Markets | Fusion Markets |
|---|---|---|
| Forex Pairs | 63 | 84 |
| Indices | 19 | 15 |
| Commodities | 4 Metals (vs USD, AUD, EUR) 4 Energies 5 Softs | 10 Metals (+ 3 Gold Crosses) (+2 Silver Crosses) 3 Energies 11 Softs |
| Cryptocurrencies | 12 | 14 |
| Shares CFDs | 10000+ (with IRESS) 814 (with MT5) | 100+ |
| ETFs | 46 | No |
| Bonds | 2 | No |
| Futures | No | No |
| Treasuries | 2 | No |
| Investment | No | No |
Our Top Product Range and CFD Markets Verdict
If you’re looking to diversify your trading portfolio across various asset classes, FP Markets offers a more comprehensive range of CFDs and markets.
FP Markets Review Visit FP Markets
7. Superior Educational Resources: FP Markets
FP Markets offers a comprehensive suite of educational resources, including webinars, eBooks, and video tutorials. Fusion Markets, however, seems to focus more on beginner-friendly guides and FAQs, which is great for newcomers but may lack depth for more experienced traders.
- FP Markets offers webinars that cater to traders of all experience levels.
- Fusion Markets provides beginner-friendly guides that are easy to understand.
- FP Markets has an extensive library of eBooks that cover a wide range of trading topics.
- Fusion Markets offers a comprehensive FAQ section that answers common trading questions.
- FP Markets provides video tutorials that delve into various trading strategies.
- Fusion Markets lacks advanced educational resources, which could be a drawback for experienced traders.
Our Superior Educational Resources Verdict
Based on our in-depth analysis and scores, FP Markets offers a more comprehensive and advanced set of educational resources.
FP Markets Review Visit FP Markets
8. Superior Customer Service: FP Markets
Customer service is a cornerstone in trading, and both brokers excel in different areas. FP Markets offers 24/5 customer support and caters to multiple languages, which is a significant advantage. Fusion Markets shines in response time, ensuring that traders get quick answers to their queries.

| Feature | FP Markets | Fusion Markets |
|---|---|---|
| Live Chat Support | Yes | Yes |
| Email Support | Yes | Yes |
| Phone Support | Yes | Yes |
| Support Hours | 24/7 | 24/7 |
| Multilingual Support | Yes | No |
Our Superior Customer Service Verdict
If you value a multilingual support team that’s available 24/5, FP Markets is your go-to. However, if quick response time is a priority for you, Fusion Markets takes the cake.
FP Markets Review Visit FP Markets
9. Better Funding Options: FP Markets
Funding options are crucial for a smooth trading experience. FP Markets offers a wider array of funding options, including cryptocurrencies, which Fusion Markets lacks.
| Funding Option | FP Markets | Fusion Markets |
|---|---|---|
| Credit Card | Yes | Yes |
| Debit Card | Yes | Yes |
| Bank Transfer | Yes | Yes |
| PayPal | Yes | No |
| Skrill | Yes | Yes |
| Neteller | Yes | Yes |
| Crypto | Yes | Yes |
| Rapid Pay | No | No |
| POLi / bPay | Yes | Yes |
| Klarna | No | No |
Our Better Funding Options Verdict
If you’re looking for a variety of funding options, including cryptocurrencies, FP Markets is clearly the better choice.
FP Markets Review Visit FP Markets
10. Lower Minimum Deposit: Fusion Markets
The minimum deposit can be a deciding factor, especially for new traders. FP Markets requires a higher initial deposit, making it less accessible for those on a budget. Fusion Markets, on the other hand, requires a lower minimum deposit, making it more appealing to beginners.
| | Minimum Deposit | Recommended Deposit |
|---|---|---|
| FP Markets | $100 | $100 |
| Fusion Markets | $0 | $1,500 |
Our Lower Minimum Deposit Verdict
For traders who are just starting out or are on a budget, Fusion Markets is the more accessible option with its lower minimum deposit requirement.
Fusion Markets Review Visit Fusion Markets
Our Final Verdict On Which Broker Is The Best: Fusion Markets or FP Markets?
FP Markets is the winner because it offers a more comprehensive range of services, from lower spreads to superior educational resources. The table below summarises the key information leading to this verdict.
| Criteria | FP Markets | Fusion Markets |
|---|---|---|
| Lowest Spreads And Fees | ❌ | ✅ |
| Better Trading Platform | ✅ | ❌ |
| Superior Accounts And Features | ✅ | ❌ |
| Best Trading Experience And Ease | ✅ | ❌ |
| Stronger Trust And Regulation | ✅ | ❌ |
| Top Product Range And CFD Markets | ✅ | ❌ |
| Superior Educational Resources | ✅ | ❌ |
| Superior Customer Service | ✅ | ❌ |
| Better Funding Options | ✅ | ❌ |
| Lower Minimum Deposit | ❌ | ✅ |
Fusion Markets: Best For Beginner Traders
For beginner traders, Fusion Markets is the better option due to its lower minimum deposit and user-friendly platform.
FP Markets: Best For Experienced Traders
For experienced traders, FP Markets is the superior choice, offering a wide range of CFDs and advanced educational resources.
Article Sources
No commission account spread proprietary testing data and published website spread information, centralised on our Standard Account Spreads page.
Other FP Markets and Fusion Markets Comparisons
Our reviews are reader-supported. We may receive payment when you click a link to a partner site. Learn how we make money.
FAQs
Does Fusion Markets or FP Markets Have Lower Costs?
Which Broker Is Better For MetaTrader 4?
Which Broker Offers Social Trading?
Does Either Broker Offer Spread Betting?
What Broker is Superior For Australian Forex Traders?
What Broker is Superior For UK Forex Traders?
About the author
Justin Grossbard is the CEO & Co-Founder of CompareForexBrokers established in 2014, along with Noam Korbl and works as Strategic Head Of Research.







