Higher Rated
OANDA
Capital at risk · T&Cs apply
In the competitive landscape of online trading, Fusion Markets and OANDA cater to different types of traders with distinct offerings. Fusion Markets, established in 2017 and regulated by ASIC, appeals to cost-conscious traders with its low commissions and high leverage up to 1:500, ideal for those prioritising cost efficiency and flexibility. In contrast, OANDA, with a longstanding reputation since 1996 and a robust regulatory presence across seven jurisdictions, attracts traders who value regulatory assurance and a comprehensive trading ecosystem, despite slightly wider spreads. Each broker offers unique advantages depending on the trader's priorities, from low-cost trading to extensive regulatory oversight.
Fusion Markets
OANDA
| Fusion Markets | OANDA | |
|---|---|---|
| BrokerRank Score | 3.6/5 | 4.1/5 ✓ |
| Min. Deposit | $0 | $0 |
| Spread from | 0 pips ✓ | 0.6 pips |
| Max Leverage | 1:500 ✓ | 1:50 |
| Regulation | ASIC | FCA, CFTC, ASIC ✓ |
| Platforms | MT4, MT5, TradingView | MT4, Proprietary Web, Proprietary Mobile |
OANDA is the better choice overall, scoring 4.1/5 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
OANDA
WinnerFusion Markets
OANDA
Fusion Markets
3.6/5
Choose Fusion Markets if you want…
OANDA
4.1/5
Choose OANDA if you want…
OANDA scores higher overall on our independent rating system. Fusion Markets holds a 3.6/5 rating vs OANDA's 4.1/5. 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 OANDA starts at 0.6 pips. Check the fees section above for a full breakdown.
Fusion Markets requires a minimum deposit of $0. OANDA requires $0.
Fusion Markets is regulated by ASIC, while OANDA holds licences from FCA, CFTC, ASIC, MAS.
Fusion Markets supports MT4, MT5, TradingView. OANDA supports MT4, Proprietary Web, Proprietary Mobile.
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.