Higher Rated
Forex.com
Capital at risk · T&Cs apply
When comparing Forex.com and Fusion Markets, the key difference lies in their target audience and pricing structure. Forex.com, with its extensive regulatory oversight and proprietary platforms, appeals to traders seeking a well-established broker with comprehensive market research and support for US clients. In contrast, Fusion Markets attracts cost-conscious traders with its competitive commission rates and zero minimum deposit requirement, making it an ideal choice for those prioritising cost-efficiency and higher leverage options. Each broker offers distinct advantages catering to different trading preferences and experience levels.
Forex.com
Fusion Markets
| Forex.com | Fusion Markets | |
|---|---|---|
| BrokerRank Score | 4.4/5 ✓ | 3.6/5 |
| Min. Deposit | $100 | $0 ✓ |
| Spread from | 0.8 pips | 0 pips ✓ |
| Max Leverage | 1:200 | 1:500 ✓ |
| Regulation | FCA, CFTC, ASIC ✓ | ASIC |
| Platforms | MT4, MT5, Proprietary Web | MT4, MT5, TradingView |
Forex.com is the better choice overall, scoring 4.4/5 vs 3.6/5 on BrokerRank's independent rating. On fees, Fusion Markets offers lower spreads (0 pips).
See full side-by-side comparison belowForex.com
WinnerFusion Markets
Forex.com
Fusion Markets
Forex.com is a well-established broker, founded in 1999, and is regulated by a range of prominent authorities including the Financial Conduct Authority (FCA), Commodity Futures Trading Commission (CFTC), Australian Securities and Investments Commission (ASIC), and the Monetary Authority of Singapore (MAS). This broad regulatory oversight provides a high level of safety and trust for traders, including those in the United States, as it meets stringent regulatory standards globally. Being part of the publicly listed StoneX Group further enhances its credibility and financial transparency.
Fusion Markets, on the other hand, is regulated solely by ASIC, which, while reputable, offers less global regulatory coverage compared to Forex.com. Founded in 2017 and headquartered in Melbourne, Fusion Markets focuses primarily on the Australian market. The absence of additional regulatory bodies like FCA or CFTC means that non-Australian clients might have limited recourse in the event of disputes. However, Fusion Markets maintains a reputation for safety within its jurisdiction.
Forex.com offers spreads starting from 0.8 pips with no commission on trades, which can be particularly appealing to traders looking for a straightforward fee structure. However, the spreads might be considered wider when compared to ECN brokers, which could affect cost efficiency for high-frequency traders. Additionally, Forex.com has a minimum deposit requirement of $100 and charges an inactivity fee, which may not suit all traders.
Fusion Markets, in contrast, boasts some of the lowest commissions in the industry at $2.25 per lot and spreads starting from 0 pips. This combination can be advantageous for traders looking to minimise costs, particularly in high-volume trading environments. Moreover, Fusion Markets does not require a minimum deposit, making it accessible to traders with limited initial capital. The lack of an inactivity fee is a further advantage for infrequent traders.
Forex.com provides a comprehensive range of trading platforms, including the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5), alongside its proprietary web and mobile platforms. These platforms are known for their user-friendly interfaces and extensive trading tools, catering to both beginners and experienced traders. Fusion Markets also offers MT4 and MT5 but distinguishes itself with the support for TradingView, a powerful platform used for advanced charting and social trading capabilities. However, it lacks a proprietary platform, which might limit customisation options.
For beginners, Fusion Markets wins with its no minimum deposit and low-cost trading structure. For professional traders, Forex.com offers a more robust regulatory environment and a wider range of markets. On fees, Fusion Markets leads with its minimal commissions and zero-pip spreads.
Forex.com
4.4/5
Choose Forex.com if you want…
Fusion Markets
3.6/5
Choose Fusion Markets if you want…
Forex.com scores higher overall on our independent rating system. Forex.com holds a 4.4/5 rating vs Fusion Markets's 3.6/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
Forex.com offers spreads from 0.8 pips, while Fusion Markets starts at 0 pips. Check the fees section above for a full breakdown.
Forex.com requires a minimum deposit of $100. Fusion Markets requires $0.
Forex.com is regulated by FCA, CFTC, ASIC, MAS, while Fusion Markets holds licences from ASIC.
Forex.com supports MT4, MT5, Proprietary Web, Proprietary Mobile. Fusion Markets supports MT4, MT5, TradingView.
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.