Higher Rated
IG Group
Capital at risk · T&Cs apply
In the competitive landscape of online trading, Fusion Markets and IG Group offer distinct advantages catering to different trader profiles. Fusion Markets, with its low commission rates and no minimum deposit requirement, appeals to cost-conscious traders who prioritise low trading costs and high leverage, up to 1:500. In contrast, IG Group, with its extensive market offerings and robust regulatory oversight, is suited for experienced traders seeking a comprehensive trading platform with a strong focus on research and educational resources. The key difference lies in their approach: Fusion Markets focuses on affordability and flexibility, while IG Group emphasises market diversity and regulatory strength.
Fusion Markets
IG Group
| Fusion Markets | IG Group | |
|---|---|---|
| BrokerRank Score | 3.6/5 | 4.3/5 ✓ |
| Min. Deposit | $0 ✓ | $250 |
| Spread from | 0 pips ✓ | 0.6 pips |
| Max Leverage | 1:500 ✓ | 1:200 |
| Regulation | ASIC | FCA, ASIC, MAS ✓ |
| Platforms | MT4, MT5, TradingView | Proprietary Web, Proprietary Mobile, MT4 |
IG Group is the better choice overall, scoring 4.3/5 vs 3.6/5 on BrokerRank's independent rating. On fees, Fusion Markets offers lower spreads (0 pips).
See full side-by-side comparison belowFusion Markets
IG Group
WinnerFusion Markets
IG Group
Fusion Markets is regulated by the Australian Securities and Investments Commission (ASIC), providing a degree of safety and reliability for traders, although its global regulatory reach is somewhat limited compared to other brokers. ASIC regulation ensures that Fusion Markets adheres to stringent financial standards, but it does not offer the same level of fund protection schemes that traders might find with brokers regulated by multiple global bodies.
IG Group, on the other hand, is regulated by a suite of top-tier authorities including the UK’s Financial Conduct Authority (FCA), the Australian Securities and Investments Commission (ASIC), the Monetary Authority of Singapore (MAS), and the US Securities and Exchange Commission (SEC). This multi-jurisdictional regulatory coverage provides extensive protection for clients, including participation in compensation schemes like the Financial Services Compensation Scheme (FSCS) under the FCA, which protects client funds up to £85,000.
Fusion Markets offers competitive pricing with spreads starting from 0 pips and commissions of $2.25 per lot, positioning it as one of the lowest cost providers in the market. This is particularly appealing for high-frequency traders and those with smaller account sizes, as there is no minimum deposit requirement. However, traders should be aware of potential overnight fees, which are competitive but can accumulate for longer-term trades.
In contrast, IG Group offers spreads starting from 0.6 pips with no commission fees, making it attractive for traders who prefer all-inclusive pricing. The minimum deposit requirement is $250, which can be a barrier for newcomers but is relatively standard in the industry. IG’s fee structure can be more complex, including an inactivity fee after two years, which traders should consider when planning their investment strategy.
Fusion Markets supports MetaTrader 4 and 5 as well as TradingView, offering robust and well-regarded platforms for forex and CFD trading. These platforms are known for their extensive charting tools and customisation options. In contrast, IG Group provides its proprietary web and mobile platforms, alongside MT4, and includes ProRealTime charts. IG's proprietary platforms are praised for their user-friendly interfaces and advanced research tools, making them suitable for both beginner and advanced traders.
Fusion Markets is ideal for beginners due to its low-cost structure and no minimum deposit. For professional traders, IG Group stands out with its extensive market coverage and robust regulatory framework. In terms of fees, Fusion Markets offers the lower cost option.
Fusion Markets
3.6/5
Choose Fusion Markets if you want…
IG Group
4.3/5
Choose IG Group if you want…
IG Group scores higher overall on our independent rating system. Fusion Markets holds a 3.6/5 rating vs IG Group's 4.3/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
Fusion Markets offers spreads from 0 pips, while IG Group starts at 0.6 pips. Check the fees section above for a full breakdown.
Fusion Markets requires a minimum deposit of $0. IG Group requires $250.
Fusion Markets is regulated by ASIC, while IG Group holds licences from FCA, ASIC, MAS, SEC.
Fusion Markets supports MT4, MT5, TradingView. IG Group supports Proprietary Web, Proprietary Mobile, MT4.
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
Only 26% of Brokers Are Truly Fee-Free
BrokerRank Research — Hidden costs across 345 brokers
58% of Brokers Hold a Single Licence
BrokerRank Research — Regulation quality analysis
71% of Retail Traders Lose Money
BrokerRank Research — Loss rates across 50 EU brokers
76% of Brokers Use Proprietary Platforms
BrokerRank Research — MT4 vs MT5 vs proprietary
Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.