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Side-by-Side Comparison Independent Updated Oct 15, 2026

Fusion Markets vs Luno 2026: Which Broker is Better?

Compare Fusion Markets and Luno side by side on fees, regulation, platforms and our expert ratings. Find out which broker suits your needs.

Fusion Markets

Luno

Higher ratedFusion Markets logo

Fusion Markets

3.9/ 5
Visit Fusion Markets →Full review
VS
Fusion MarketsLuno
BrokerRank Score3.9/5 ✓3.0/5
Min. Deposit$0$0
Spread from0 pips ✓0.1 pips
Max Leverage1:500 ✓1:1
RegulationASIC, VFSC, FSA ✓FCA
PlatformsMT4, MT5, TradingViewProprietary Web, Proprietary Mobile
Quick VerdictBrokerRank recommends
Best for Beginners
Fusion MarketsLuno
Best for Low Fees
Fusion MarketsLuno
Best for Regulation
Fusion MarketsLuno
Best Overall
Fusion MarketsLuno
Quick Answer

Fusion Markets is the better choice overall, scoring 3.9/5 vs 3.0/5 on BrokerRank's independent rating. On fees, Fusion Markets offers lower spreads (0 pips).

See full side-by-side comparison below

Fusion Markets vs Luno: Key Differences

Feature

Fusion Markets

Winner

Luno

Our Rating
3.9 / 5
3.0 / 5
Min. Deposit
$0
$0
Max Leverage
Spread From
0 pips
0.1 pips
Commission
$2.25/lot
$0.25/lot
Regulated By
ASICVFSCFSA
Platforms
MT4, MT5, TradingView, cTrader
Proprietary Web, Proprietary Mobile
Markets
Forex, Cfd, Stocks, Indices, Commodities, Crypto
Crypto
Founded
2017
2013
Headquarters
Melbourne, Australia
London, UK
Score
3 / 4
1 / 4

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Fees Comparison

Fee

Fusion Markets

Luno

Spread From
0 pips
0.1 pips
Commission
$2.25/lot
$0.25/lot
Deposit Fee
None
None
Withdrawal Fee
None
None

BrokerRank Verdict

Fusion Markets scores 3.90/5 while Luno scores 2.97/5 in our independent rating.

Fusion Markets edges ahead overall, but Luno may suit traders who prioritise different features. Read our full reviews for a detailed breakdown. Scores are based on our transparent methodology.

Who Should Choose Which?

Fusion Markets

Fusion Markets

3.9/5

Top pick

Choose Fusion Markets if you want…

  • Higher overall rating (3.9/5)
  • Tighter spreads (from 0 pips)
  • Higher leverage (up to 1:500)
  • More regulatory licences (3)
Luno

Luno

3.0/5

Choose Luno if you want…

  • More established (est. 2013)

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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4.0
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Plus500
4.0
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80% of retail CFD accounts lose money.

Both Fusion Markets & Luno are available in

Frequently Asked Questions

1

Is Fusion Markets better than Luno?

Fusion Markets scores higher overall on our independent rating system. Fusion Markets holds a 3.9/5 rating vs Luno's 3.0/5. 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 Luno?

Fusion Markets offers spreads from 0 pips, while Luno starts at 0.1 pips. Check the fees section above for a full breakdown.

3

What is the minimum deposit for Fusion Markets vs Luno?

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

4

Which broker is safer, Fusion Markets or Luno?

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

5

What trading platforms do Fusion Markets and Luno support?

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

6

Can I use both Fusion Markets and Luno?

Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.

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