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Side-by-Side Comparison Independent Updated Oct 2, 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

Higher ratedKraken logo

Kraken

4.3/ 5
Visit Kraken →Full review
VS
Fusion MarketsKraken
BrokerRank Score3.9/54.3/5 ✓
Min. Deposit$0$0
Spread from0 pips ✓0.2 pips
Max Leverage1:500 ✓1:5
RegulationASIC, VFSC, FSA ✓FCA, CFTC
PlatformsMT4, MT5, TradingViewProprietary Web, Proprietary Mobile
Quick VerdictBrokerRank recommends
Best for Beginners
Fusion MarketsKraken
Best for Low Fees
Fusion MarketsKraken
Best for Regulation
Fusion MarketsKraken
Best Overall
KrakenFusion Markets
Quick Answer

Kraken is the better choice overall, scoring 4.3/5 vs 3.9/5 on BrokerRank's independent rating. On fees, Fusion Markets offers lower spreads (0 pips).

See full side-by-side comparison below

Fusion Markets vs Kraken: Key Differences

Feature

Fusion Markets

Kraken

Winner
Our Rating
3.9 / 5
4.3 / 5
Min. Deposit
$0
$0
Max Leverage
Spread From
0 pips
0.2 pips
Commission
$2.25/lot
$0.16/lot
Regulated By
ASICVFSCFSA
Platforms
MT4, MT5, TradingView, cTrader
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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Fees Comparison

Fee

Fusion Markets

Lower fees

Kraken

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

Fusion Markets

3.9/5

Choose Fusion Markets if you want…

  • Tighter spreads (from 0 pips)
  • Higher leverage (up to 1:500)
  • More regulatory licences (3)
  • More market types (6)
Kraken

Kraken

4.3/5

Top pick

Choose Kraken if you want…

  • Higher overall rating (4.3/5)
  • More established (est. 2011)

Also consider

View all rankings

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.

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4.3
FCA
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FxPro
4.1
FCA
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#4AvaTrade logo
AvaTrade
4.0
MAS
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#5Plus500 logo
Plus500
4.0
MAS
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80% of retail CFD accounts lose money.

Both Fusion Markets & Kraken are available in

Frequently Asked Questions

1

Is Fusion Markets better than Kraken?

Kraken scores higher overall on our independent rating system. Fusion Markets holds a 3.9/5 rating vs Kraken's 4.3/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.

2

Which 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.

3

What is the minimum deposit for Fusion Markets vs Kraken?

Fusion Markets requires a minimum deposit of $0. Kraken requires $0.

4

Which broker is safer, Fusion Markets or Kraken?

Fusion Markets is regulated by ASIC, VFSC, FSA, while Kraken holds licences from FCA, CFTC.

5

What trading platforms do Fusion Markets and Kraken support?

Fusion Markets supports MT4, MT5, TradingView, cTrader. Kraken supports Proprietary Web, Proprietary Mobile.

6

Can 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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