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Side-by-Side Comparison Independent Updated Oct 2, 2026

Fusion Markets vs mBank 2026: Which Broker is Better?

Choosing between Fusion Markets and mBank depends on your trading style, preferred markets, and budget. Fusion Markets is headquartered in Melbourne, Australia, while mBank operates from Warsaw, Poland. mBank has the longer track record, established in 2000, compared to Fusion Markets which was founded in 2017. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.

Fusion Markets

mBank

Higher ratedFusion Markets logo

Fusion Markets

3.9/ 5
Visit Fusion Markets →Full review
VS
Fusion MarketsmBank
BrokerRank Score3.9/5 ✓3.4/5
Min. Deposit$0$0
Spread from0 pips0 pips
Max Leverage1:500 ✓1:5
RegulationASIC, VFSC, FSA ✓KNF
PlatformsMT4, MT5, TradingViewProprietary Web, Proprietary Mobile, mBank Trader
Quick VerdictBrokerRank recommends
Best for Beginners
Fusion MarketsmBank
Best for Low Fees
Fusion MarketsmBank
Best for Regulation
Fusion MarketsmBank
Best Overall
Fusion MarketsmBank
Quick Answer

Fusion Markets is the better choice overall, scoring 3.9/5 vs 3.4/5 on BrokerRank's independent rating. On fees, Fusion Markets offers lower spreads (0 pips).

See full side-by-side comparison below

Fusion Markets vs mBank: Key Differences

Feature

Fusion Markets

Winner

mBank

Our Rating
3.9 / 5
3.4 / 5
Min. Deposit
$0
$0
Max Leverage
Spread From
0 pips
0 pips
Commission
$2.25/lot
$0.19/lot
Regulated By
ASICVFSCFSA
KNF
Platforms
MT4, MT5, TradingView, cTrader
Proprietary Web, Proprietary Mobile, mBank Trader
Markets
Forex, Cfd, Stocks, Indices, Commodities, Crypto
Stocks, Etf, Cfd, Indices, Forex
Founded
2017
2000
Headquarters
Melbourne, Australia
Warsaw, Poland
Score
2 / 3
1 / 3

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Fees Comparison

Fee

Fusion Markets

mBank

Lower fees
Spread From
0 pips
0 pips
Commission
$2.25/lot
$0.19/lot
Deposit Fee
None
None
Withdrawal Fee
None
None

Regulation & Trust

Fusion Markets holds licences from ASIC. mBank is regulated by KNF.

Markets & Assets

Both brokers offer access to Forex, Cfd, Stocks, Indices markets. Fusion Markets additionally covers Commodities. mBank adds Etf.

Trading Platforms

Fusion Markets supports MT4, MT5, TradingView. mBank offers Proprietary Web, Proprietary Mobile, mBank Trader.

Minimum Deposit

Fusion Markets requires no minimum deposit, while mBank sets no minimum deposit. This makes Fusion Markets accessible to traders with any budget.

Overall Ratings

BrokerRank scores Fusion Markets at 3.56/5 and mBank at 3.27/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. Fusion Markets leads overall with a clear advantage.

BrokerRank Verdict

Fusion Markets is our recommended pick in this comparison, scoring 3.56/5 versus mBank's 3.27/5. Fusion Markets holds more tier-1 licences (ASIC), offering stronger regulatory protection. mBank is still a solid option for traders who prefer mBank's specific platform or market selection, but Fusion Markets offers a stronger overall package for the majority of traders.

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)
  • Higher leverage (up to 1:500)
  • More regulatory licences (3)
  • More market types (6)
mBank

mBank

3.4/5

Choose mBank if you want…

  • More established (est. 2000)

Also consider

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80% of retail CFD accounts lose money.

Both Fusion Markets & mBank are available in

Frequently Asked Questions

1

Is Fusion Markets better than mBank?

Fusion Markets scores higher overall on our independent rating system. Fusion Markets holds a 3.9/5 rating vs mBank's 3.4/5. 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 mBank?

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

3

What is the minimum deposit for Fusion Markets vs mBank?

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

4

Which broker is safer, Fusion Markets or mBank?

Fusion Markets is regulated by ASIC, VFSC, FSA, while mBank holds licences from KNF.

5

What trading platforms do Fusion Markets and mBank support?

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

6

Can I use both Fusion Markets and mBank?

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

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