Side-by-Side Comparison Independent Updated Mar 9, 2026
Fusion Markets vs Kraken 2026: Which Broker is Better?
In this broker comparison, we delve into the offerings of Fusion Markets and Kraken, two distinct platforms catering to different trading needs. Fusion Markets is primarily a multi-asset broker with a focus on low-cost forex and CFD trading, appealing to cost-conscious traders seeking high leverage and extensive market access. Conversely, Kraken specialises in cryptocurrency trading, appealing to crypto enthusiasts who value regulatory compliance and robust fiat on/off ramps. While Fusion Markets stands out for its competitive commissions and broad asset classes, Kraken attracts those who prioritise a trusted platform for digital asset transactions.
Fusion Markets
Kraken
VS
| Fusion Markets | Kraken | |
|---|---|---|
| BrokerRank Score | 3.6/5 | 4.5/5 ✓ |
| Min. Deposit | $0 | $0 |
| Spread from | 0 pips ✓ | 0.2 pips |
| Max Leverage | 1:500 ✓ | 1:5 |
| Regulation | ASIC | FCA, CFTC ✓ |
| Platforms | MT4, MT5, TradingView | Proprietary Web, Proprietary Mobile |
Quick VerdictBrokerRank recommends
Best for Beginners
Fusion MarketsKraken
Best for Low Fees
Fusion MarketsKraken
Best for Regulation
KrakenFusion Markets
Best Overall
KrakenFusion Markets
Quick Answer
Kraken is the better choice overall, scoring 4.5/5 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 vs Kraken: Key Differences
Feature
Fusion Markets
Kraken
WinnerOur Rating
3.6 / 5
4.5 / 5
Min. Deposit
$0
$0
Spread From
0 pips
0.2 pips
Commission
$2.25/lot
$0.16/lot
Platforms
MT4, MT5, TradingView
Proprietary Web, Proprietary Mobile
Markets
Forex, Cfd, Stocks, Indices, Commodities, Crypto
Crypto
Founded
2017
2011
Headquarters
Melbourne, Australia
San Francisco, USA
Score
1 / 4
3 / 4
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Find my matchFees Comparison
Fee
Fusion Markets
Lower feesKraken
Spread From
0 pips
0.2 pips
Commission
$2.25/lot
$0.16/lot
Deposit Fee
None
None
Withdrawal Fee
None
$1.5
BrokerRank Verdict
Fusion Markets is better suited for beginners due to its low commissions, no minimum deposit requirement, and support for popular platforms like MT4, MT5, and TradingView. Professional traders may favour Kraken for its strong regulatory compliance and long-standing reputation, despite its higher fees. In terms of fees, Fusion Markets has a clear advantage with the lowest commission rates in the market and competitive spreads.
Who Should Choose Which?
Fusion Markets
3.6/5
Choose Fusion Markets if you want…
- Tighter spreads (from 0 pips)
- Higher leverage (up to 1:500)
- More market types (6)
- Free withdrawals
Kraken
4.5/5
Choose Kraken if you want…
- Higher overall rating (4.5/5)
- More regulatory licences (2)
- More established (est. 2011)
Also consider
We earn a commission when you open an account through these links, at no extra cost to you. Our ratings are scored independently — see the full independent ranking.
Both Fusion Markets & Kraken are available in
Frequently Asked Questions
1Is Fusion Markets better than Kraken?
Kraken scores higher overall on our independent rating system. Fusion Markets holds a 3.6/5 rating vs Kraken's 4.5/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
2Which has lower fees, Fusion Markets or Kraken?
Fusion Markets offers spreads from 0 pips, while Kraken starts at 0.2 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for Fusion Markets vs Kraken?
Fusion Markets requires a minimum deposit of $0. Kraken requires $0.
4Which broker is safer, Fusion Markets or Kraken?
Fusion Markets is regulated by ASIC, while Kraken holds licences from FCA, CFTC.
5What trading platforms do Fusion Markets and Kraken support?
Fusion Markets supports MT4, MT5, TradingView. Kraken supports Proprietary Web, Proprietary Mobile.
6Can I use both Fusion Markets and Kraken?
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.
Higher Rated
Kraken
Capital at risk · T&Cs apply