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FP Markets vs Fusion Markets 2026

This FP Markets vs Fusion Markets review found that Fusion offers industry-leading commissions of AUD 2.25 per lot plus low spreads and 90 forex pairs. FP Markets however has a wider range of markets and platforms to trade.

Justin Grossbard, Co-Founder of CompareForexBrokers Written by Justin Grossbard Fact-checked by David Levy Last updated:

fp markets review

fusion markets review

FP MarketsFusion Markets
Our Rating86/10091/100
FP Markets ReviewFusion Markets Review
The vast majority of retail investor accounts lose money when trading CFDs.Lowest Commissions

Regulations and Licenses

FP MarketsFusion Markets
ASIC (Australia)YesYes
FSCA (South Africa)YesNo
CYSEC (Cyprus)YesNo
FSA (Seychelles)YesYes
FSC (Mauritius)YesNo
VFSA (Vanuatu)NoYes

Brokerage

FP MarketsFusion Markets
EUR/USD Avg. Raw Spread0.180.03
GBP/USD Avg. Raw Spread0.410.06
AUD/USD Avg. Raw Spread0.380.03
EUR/USD Standard Spread1.270.83
EUR/USD Fixed SpreadsNo-
GBP/USD Avg. Standard Spread1.661.13
AUD/USD Avg. Standard Spread1.430.83
Commissions (USD Base)$3.00$2.25
Minimum Deposit$100$0
Swap Free AccountYesYes
No Inactivity FeesYesYes
Funding Methods10+12+
No Funding FeesYesYes

Markets and Instruments

FP MarketsFusion Markets
Currency Pairs6384
Cryptocurrency CFDs*1114
Index CFDs1915
Share CFDs10000+100+
Commodities CFD1316+
StockbrokingNo-
Retail Max Leverage (Australia)Major Pairs 30:1 Minor Pairs 20:1Major Pairs 30:1 Minor Pairs 20:1
Pro. Max Leverage (Australia)500:1500:1
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)500:1500:1

Trading Platforms + Tools

FP MarketsFusion Markets
MetaTrader 4 (MT4)YesYes
MetaTrader 5 (MT5)YesYes
cTraderYesYes
TradingViewYesYes
Proprietary PlatformYesNo
Automated TradingYesYes
Social + Copy TradingYesYes
Standard Stop LossYesYes
Guaranteed Stop LossNoNo
Demo AccountYesYes

Overall

FP MarketsFusion Markets
Our Rating8691
Visit SiteVisit 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 AccountFP Markets SpreadsFusion Markets SpreadsIndustry Spreads
Overall Average1.561.121.6
EUR/USD1.240.831.1
USD/JPY1.591.21.4
GBP/USD1.420.941.4
AUD/USD1.440.841.3
USD/CAD1.680.961.7
EUR/GBP1.381.141.4
EUR/JPY1.881.511.9
AUD/JPY1.821.572.1

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.

‏‏‎USDAUDGBPEUR
FP Markets$3.00N/A£2.25€2.75
Fusion Markets$2.25$2.25N/AN/A
Standard Account SpreadsEUR/USDAUD/USDEUR/GBPGBP/USDUSD/JPY
fp markets review1.281.481.471.511.49
fusion markets review0.830.831.010.860.88
ig review1.131.011.711.661.12
saxo logo spread1.101.101.601.802.20
go markets review0.900.901.001.001.00
cmc markets review0.500.600.700.900.70
hf markets review1.401.601.401.601.80
fxpro review1.442.031.521.821.63

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 PlatformFP MarketsFusion Markets
MetaTrader 4YesYes
MetaTrader 5YesYes
cTraderYesYes
TradingViewYesYes
Copy TradingYesYes
Proprietary PlatformYesNo

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 MarketsFusion Markets
Standard AccountYesYes
Raw AccountYesYes
Swap Free AccountYesNo
Active TradersYesYes
Spread Betting (UK)NoNo

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 SpeedLimit Order Global RankMarket Order SpeedMarket Order Global Rank
FP Markets225ms31/3696ms8/36
Fusion Markets79ms3/3677ms1/36

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 MarketsFusion Markets
Tier 1 RegulationASIC (Australia) CYSEC (Cyprus)ASIC (Australia)
Tier 2 Regulation
Tier 3 RegulationFSA-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

FP Markets vs Fusion Markets Trustpilot Scores

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

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.

CountryFP MarketsFusion Markets
Italy12,1001,000
India2,9001,900
United Kingdom2,4001,900
South Africa2,400720
Australia1,9001,900
Greece1,900110
Spain1,600480
United States1,6002,900
Canada1,6001,900
Germany1,300880
Pakistan1,300480
France8801,300
Poland720480
Turkey720390
Malaysia720590
Thailand720480
Bangladesh720390
Singapore590390
Nigeria590390
Indonesia590320
Brazil590480
Morocco590260
Kenya590390
Netherlands480590
Switzerland480140
United Arab Emirates480320
Cyprus480110
Philippines3901,000
Vietnam320210
Colombia260110
Portugal210170
Sweden210140
Taiwan21050
Saudi Arabia210140
Egypt210170
Algeria210170
Cambodia21070
Mexico170110
Austria170110
Hong Kong170170
Argentina14090
Japan140170
Sri Lanka140880
Venezuela11070
Ethiopia11090
Tanzania11090
Ireland9090
Chile7040
Dominican Republic70140
Jordan7050
Peru7030
Uzbekistan7040
Ghana7090
Ecuador7050
Uganda7090
Botswana5090
New Zealand4050
Bolivia3010
Costa Rica2020
Panama2020
Mauritius2040
Mongolia1010
CountryMonthly searchesRank
FP Markets - Italy12,1001st
Fusion Markets - Italy1,0002nd
FP Markets - UK2,4003rd
Fusion Markets - UK1,9004th
FP Markets - Australia1,9005th
Fusion Markets - Australia1,9006th
FP Markets - Spain1,6007th
Fusion Markets - Spain4808th

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.

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.

CFDsFP MarketsFusion Markets
Forex Pairs6384
Indices1915
Commodities4 Metals (vs USD, AUD, EUR) 4 Energies 5 Softs10 Metals (+ 3 Gold Crosses) (+2 Silver Crosses) 3 Energies 11 Softs
Cryptocurrencies1214
Shares CFDs10000+ (with IRESS) 814 (with MT5)100+
ETFs46No
Bonds2No
FuturesNoNo
Treasuries2No
InvestmentNoNo

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.

FP Markets Wins Customer Service

FeatureFP MarketsFusion Markets
Live Chat SupportYesYes
Email SupportYesYes
Phone SupportYesYes
Support Hours24/724/7
Multilingual SupportYesNo

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 OptionFP MarketsFusion Markets
Credit CardYesYes
Debit CardYesYes
Bank TransferYesYes
PayPalYesNo
SkrillYesYes
NetellerYesYes
CryptoYesYes
Rapid PayNoNo
POLi / bPayYesYes
KlarnaNoNo

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 DepositRecommended 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.

CriteriaFP MarketsFusion 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

  • FP Markets vs IC Markets
  • Pepperstone vs FP Markets
  • Fusion Markets vs IC Markets
  • Pepperstone vs Fusion Markets

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?
FP Markets has lower costs. They offer lower spreads across most forex pairs. For more in-depth information on low spreads, you can visit our Lowest Commission Brokers page.
Which Broker Is Better For MetaTrader 4?
FP Markets is better for MetaTrader 4. They offer a robust MT4 platform with more features. For more details, check out our Best MT4 Brokers.
Which Broker Offers Social Trading?
Neither FP Markets nor Fusion Markets offer social trading. However, there are other brokers that do, which you can find on our best copy trading platforms page.
Does Either Broker Offer Spread Betting?
Neither FP Markets nor Fusion Markets offer spread betting. For brokers that do, visit our best spread betting brokers page.
What Broker is Superior For Australian Forex Traders?
In my opinion, FP Markets is superior for Australian Forex traders. They are ASIC regulated and founded in Australia.
What Broker is Superior For UK Forex Traders?
In my view, FP Markets is also superior for UK Forex traders. They are FCA regulated but are not founded in the UK.

About the author

Justin Grossbard, Co-Founder of CompareForexBrokers

Justin Grossbard

Justin Grossbard is the CEO & Co-Founder of CompareForexBrokers established in 2014, along with Noam Korbl and works as Strategic Head Of Research.

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