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

Fusion Markets vs OANDA 2026: Which Broker is Better?

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

Higher ratedOANDA logo

OANDA

4.3/ 5
Visit OANDA →Full review
VS
Fusion MarketsOANDA
BrokerRank Score3.9/54.3/5 ✓
Min. Deposit$0$0
Spread from0 pips ✓0.6 pips
Max Leverage1:500 ✓1:50
RegulationASIC, VFSC, FSACFTC, FCA, ASIC ✓
PlatformsMT4, MT5, TradingViewMT4, Proprietary Web, Proprietary Mobile
Quick VerdictBrokerRank recommends
Best for Beginners
Fusion MarketsOANDA
Best for Low Fees
Fusion MarketsOANDA
Best for Regulation
OANDAFusion Markets
Best Overall
OANDAFusion Markets
Quick Answer

OANDA 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 OANDA: Key Differences

Feature

Fusion Markets

OANDA

Winner
Our Rating
3.9 / 5
4.3 / 5
Min. Deposit
$0
$0
Max Leverage
Spread From
0 pips
0.6 pips
Commission
$2.25/lot
None
Regulated By
ASICVFSCFSA
CFTCFCAASICMASCIROBVI FSCKNF
Platforms
MT4, MT5, TradingView, cTrader
MT4, Proprietary Web, Proprietary Mobile
Markets
Forex, Cfd, Stocks, Indices, Commodities, Crypto
Forex, Cfd, Indices, Commodities
Founded
2017
1996
Headquarters
Melbourne, Australia
New York, USA
Score
1 / 4
3 / 4

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Fees Comparison

Fee

Fusion Markets

OANDA

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

BrokerRank Verdict

In the "Fusion Markets vs OANDA" comparison, Fusion Markets is better suited for professional traders due to its competitive commission structure and higher leverage of up to 1:500. OANDA, with its robust regulatory framework and extensive historical data access, is more favourable for beginners seeking a trusted and well-regulated environment. Fusion Markets wins on fees with its low commissions of $2.25 per lot, making it one of the most cost-effective options in the market.

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 market types (6)
  • More platforms (4 supported)
OANDA

OANDA

4.3/5

Top pick

Choose OANDA if you want…

  • Higher overall rating (4.3/5)
  • No per-trade commission
  • More regulatory licences (7)
  • More established (est. 1996)

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

Both Fusion Markets & OANDA are available in

Frequently Asked Questions

1

Is Fusion Markets better than OANDA?

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

Fusion Markets offers spreads from 0 pips, while OANDA starts at 0.6 pips. Check the fees section above for a full breakdown.

3

What is the minimum deposit for Fusion Markets vs OANDA?

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

4

Which broker is safer, Fusion Markets or OANDA?

Fusion Markets is regulated by ASIC, VFSC, FSA, while OANDA holds licences from CFTC, FCA, ASIC, MAS, CIRO, BVI FSC, KNF.

5

What trading platforms do Fusion Markets and OANDA support?

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

6

Can I use both Fusion Markets and OANDA?

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

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