This Fusion Markets and ThinkMarkets forex broker review found Fusion Markets has 90 currency pairs vs 46 for ThinkMarkets. Fusion Markets also has lower commissions while both brokers have low spreads with their trading accounts.
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Our comprehensive comparison covers the 10 most crucial trading factors, but let’s dive into some quick highlights.
Both brokers offer competitive spreads, but there are subtle differences that can impact your trading costs.
| Broker | Commission per Lot | Inactivity Fee |
|---|---|---|
| Fusion Markets | $4.50 | None |
| ThinkMarkets | $3.50 | None |
Verdict
When it comes to cost-effectiveness, ThinkMarkets clearly stands out. Not only do they offer tighter spreads on major currency pairs like EUR/USD, but their lower commission of $3.50 per lot also adds up to significant savings over time, especially for high-volume traders. This makes ThinkMarkets the more financially sensible choice.
Fusion Markets ReviewVisit Fusion Markets
Both Fusion Markets and ThinkMarkets offer a variety of trading platforms to cater to different trading styles and preferences.
MetaTrader 4 and 5
Both brokers offer MetaTrader 4 and 5, the world’s most popular trading platforms known for their advanced charting features, automated trading capabilities, and extensive customizability.
cTrader and TradingView
While Fusion Markets does not offer cTrader or TradingView, ThinkMarkets offers the ThinkTrader platform, which provides advanced charting and analysis tools.
| Criteria | Fusion Markets | ThinkMarkets |
|---|---|---|
| MetaTrader 4 | Yes | Yes |
| MetaTrader 5 | Yes | Yes |
| cTrader | No | No |
| TradingView | No | No |
| Other Platforms | No | ThinkTrader |
| VPS Services | Yes | Yes |
Social And Copy Trading
Fusion Markets offers MetaTrader Signals and DupliTrade, while ThinkMarkets offers MetaTrader Signals and FXTM Invest.
Verdict: Both brokers offer social and copy trading services, making it a tie in this category.
Fusion Markets ReviewVisit Fusion Markets
| Broker | Social and Copy Trading Platform |
|---|---|
| Fusion Markets | MetaTrader Signals, DupliTrade |
| ThinkMarkets | MetaTrader Signals, FXTM Invest |
Automated Trading
Fusion Markets
Fusion Markets supports automated trading through the use of Expert Advisors (EAs) on the MetaTrader 4 and MetaTrader 5 platforms. EAs are software programs that can automatically analyze market conditions and execute trades based on predefined parameters. They can help traders take advantage of trading opportunities around the clock, even when they’re not actively monitoring the markets.
ThinkMarkets
Like Fusion Markets, ThinkMarkets also supports automated trading with the use of Expert Advisors (EAs) on the MetaTrader 4 and MetaTrader 5 platforms. This allows traders to automate their trading strategies and execute trades based on specific market conditions, without the need for manual intervention.
| Broker | Trading Tools |
|---|---|
| Fusion Markets | Expert Advisors (EAs) |
| ThinkMarkets | Expert Advisors (EAs) |
Both Fusion Markets and ThinkMarkets offer Expert Advisors (EAs) for automated trading, making it a tie in this category.
Fusion Markets ReviewVisit Fusion Markets
VPS and Other Trading Tools
Both brokers offer VPS services for enhanced trading performance. Additionally, they provide various trading tools such as economic calendars, market analysis, and educational resources.
Verdict: In terms of trading platforms, ThinkMarkets has a slight edge due to its proprietary ThinkTrader platform.
Each broker offers a range of accounts, but they differ in features and benefits.
| Broker | Minimum Deposit | Leverage |
|---|---|---|
| Fusion Markets | $100 | Up to 500:1 |
| ThinkMarkets | $250 | Up to 500:1 |
Verdict: ThinkMarkets wins this round by offering a more diverse range of account types, including an Islamic account, making it a more versatile option for various traders.
When it comes to trading experience, both brokers have their merits. Fusion Markets is recognised for its cTrader platform, which is a big win for those who prefer this interface. ThinkMarkets, on the other hand, takes the cake for the best trading app with its ThinkTrader platform.
Verdict: While both brokers offer a robust trading experience, ThinkMarkets edges out Fusion Markets due to its proprietary ThinkTrader platform, which provides a more comprehensive set of tools and features. Fusion Markets is still a solid choice, especially if you’re a fan of the cTrader platform.
ThinkMarkets Trust Score
Fusion Markets Trust Score
Fusion Markets is regulated by the Australian Securities and Investments Commission (ASIC) and the Vanuatu Financial Services Commission (VFSC). ThinkMarkets is regulated by the Financial Conduct Authority (FCA) in the UK, the Australian Securities and Investments Commission (ASIC), the Cyprus Securities and Exchange Commission (CySEC), the Seychelles Financial Services Authority (FSA-S), and the South African Financial Sector Conduct Authority (FSCA).
Verdict: ThinkMarkets has a slight edge in terms of trust and regulation due to its wider range of regulatory oversight.
| Fusion Markets | ThinkMarkets | |
|---|---|---|
| Tier 1 Regulation | ASIC (Australia) | ASIC (Australia) FCA (UK) CYSEC (Cyprus) |
| Tier 2 Regulation | JFSA | |
| Tier 3 Regulation | VFSC FSA-S (Seychelles) |
FSCA (South Africa) FSA-S (Seychelles) CIMA (Cayman) FSC-M (Mauritius) |
| Criteria | Fusion Markets | ThinkMarkets |
|---|---|---|
| Forex Pairs | 50+ | 40+ |
| Commodities | 10 | 12 |
| Indices | 15 | 20 |
| Cryptocurrencies | 5 | 8 |
| Stocks | 100 | 150 |
| ETFs | 10 | 15 |
| Bonds | 5 | 7 |
Verdict: ThinkMarkets clearly outshines Fusion Markets in the educational resources department. With a more comprehensive educational portal that includes articles, webinars, and tutorials, ThinkMarkets is the better choice for traders who are keen on continuous learning and improvement.
Fusion Markets and ThinkMarkets both offer educational resources, but they differ in scope and depth.
Verdict: ThinkMarkets clearly outshines Fusion Markets in the educational resources department. With a more comprehensive educational portal that includes articles, webinars, and tutorials, ThinkMarkets is the better choice for traders who are keen on continuous learning and improvement.
Customer service is a critical factor in choosing a broker. Fusion Markets offers 24/5 support, while ThinkMarkets extends this to 24/7.
| Feature | Fusion Markets | ThinkMarkets |
|---|---|---|
| 24/5 Support | ✔️ | ❌ |
| 24/7 Support | ❌ | ✔️ |
| Live Chat | ✔️ | ✔️ |
| Email Support | ✔️ | ✔️ |
| Phone Support | ✔️ | ✔️ |
Verdict: ThinkMarkets offers superior customer service with its 24/7 support, compared to the 24/5 support from Fusion Markets. The availability of multiple contact methods, including live chat and email, makes ThinkMarkets the more reliable option for round-the-clock assistance.
Both brokers offer a variety of funding options, but there are some differences worth noting.
| Funding Option | Fusion Markets | ThinkMarkets |
|---|---|---|
| Credit/Debit Card | ✔️ | ✔️ |
| Bank Transfer | ✔️ | ✔️ |
| PayPal | ❌ | ✔️ |
| Skrill | ✔️ | ✔️ |
| Neteller | ✔️ | ✔️ |
Verdict: ThinkMarkets offers a wider array of funding options, including the convenience of PayPal, which Fusion Markets lacks. This makes ThinkMarkets a more flexible and accommodating choice for traders with various funding preferences.
When it comes to the minimum deposit, Fusion Markets requires $100, while ThinkMarkets asks for $250.
| Broker | Minimum Deposit |
|---|---|
| Fusion Markets | $100 |
| ThinkMarkets | $250 |
Verdict: Fusion Markets is the clear winner for traders who are cautious about initial investments, requiring only a $100 minimum deposit compared to ThinkMarkets’ $250. This makes Fusion Markets more accessible for those who are new to trading or have a smaller budget.
ThinkMarkets is the winner because it offers a more comprehensive range of services, from trading platforms to customer service. The table below summarises the key information leading to this verdict.
| Criteria | Fusion Markets | ThinkMarkets |
|---|---|---|
| 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 | ✓ | ✗ |
ThinkMarkets is the better choice for beginner traders due to its comprehensive educational resources and user-friendly platform.
For experienced traders, ThinkMarkets still takes the lead with its advanced trading tools and a broader range of markets.
ThinkMarkets has lower costs overall. They offer competitive spreads, for example, the EUR/USD spread is often below 1 pip. For more on low-cost trading, check out our guide on low commissions.
Both Fusion Markets and ThinkMarkets offer MetaTrader 4, but ThinkMarkets has a slight edge with its additional features. For more on this, you can read our best MT4 brokers guide.
Both Fusion Markets and ThinkMarkets offer social and copy trading services. For a deeper dive into social trading platforms, visit our best forex social trading guide.
Neither Fusion Markets nor ThinkMarkets offer spread betting. For those interested in spread betting, you can check out our best spread betting brokers in the UK.
In my opinion, Fusion Markets is the superior choice for Australian traders. They are ASIC regulated and founded in Australia. For more information, you can visit our Australian forex brokers guide.
For UK traders, I’d recommend ThinkMarkets. They are FCA regulated and offer a wide range of services tailored to the UK market. For more, check out our best UK trading platforms guide.
No commission account spread propiety testing data and published wesbite spread information, centralised on our standard account spread page..
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