Skip to main content
Side-by-Side Comparison Independent Updated Oct 28, 2026

Fusion Markets vs Phemex 2026: Which Broker is Better?

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

Fusion Markets

Phemex

Higher ratedFusion Markets logo

Fusion Markets

3.9/ 5
Visit Fusion Markets →Full review
VS
Fusion MarketsPhemex
BrokerRank Score3.9/5 ✓3.1/5
Min. Deposit$0$0
Spread from0 pips0 pips
Max Leverage1:500 ✓1:100
RegulationASIC, VFSC, FSA ✓—
PlatformsMT4, MT5, TradingViewProprietary Web, Proprietary Mobile
Quick VerdictBrokerRank recommends
Best for Beginners
Fusion MarketsPhemex
Best for Low Fees
Fusion MarketsPhemex
Best for Regulation
Fusion MarketsPhemex
Best Overall
Fusion MarketsPhemex
Quick Answer

Fusion Markets is the better choice overall, scoring 3.9/5 vs 3.1/5 on BrokerRank's independent rating. On fees, Fusion Markets offers lower spreads (0 pips).

See full side-by-side comparison below

Fusion Markets vs Phemex: Key Differences

Feature

Fusion Markets

Winner

Phemex

Our Rating
3.9 / 5
3.1 / 5
Min. Deposit
$0
$0
Max Leverage
Spread From
0 pips
0 pips
Commission
$2.25/lot
$0.01/lot
Regulated By
ASICVFSCFSA
—
Platforms
MT4, MT5, TradingView, cTrader
Proprietary Web, Proprietary Mobile
Markets
Forex, Cfd, Stocks, Indices, Commodities, Crypto
Crypto
Founded
2017
2019
Headquarters
Melbourne, Australia
Singapore
Score
2 / 3
1 / 3

Still deciding between Fusion Markets and Phemex?

Skip the back-and-forth — answer 4 quick questions and we'll match you to your best fit.

Matching for:Travelling or on a VPN? Change it.
Find my match

Fees Comparison

Fee

Fusion Markets

Phemex

Lower fees
Spread From
0 pips
0 pips
Commission
$2.25/lot
$0.01/lot
Deposit Fee
None
None
Withdrawal Fee
None
None

BrokerRank Verdict

Fusion Markets scores 3.90/5 while Phemex scores 3.08/5 in our independent rating.

Fusion Markets edges ahead overall, but Phemex 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)
  • Higher leverage (up to 1:500)
  • More regulatory licences (3)
  • More market types (6)
Phemex

Phemex

3.1/5

Choose Phemex if you want…

Similar strengths to Fusion Markets — compare below.

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.

#1ForTrade logo
ForTrade
4.3
FCA
Visit
#2FxPro logo
FxPro
4.1
FCA
Visit
#4AvaTrade logo
AvaTrade
4.0
MAS
Visit
#5Plus500 logo
Plus500
4.0
MAS
Visit

80% of retail CFD accounts lose money.

Both Fusion Markets & Phemex are available in

Frequently Asked Questions

1

Is Fusion Markets better than Phemex?

Fusion Markets scores higher overall on our independent rating system. Fusion Markets holds a 3.9/5 rating vs Phemex's 3.1/5. 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 Phemex?

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

3

What is the minimum deposit for Fusion Markets vs Phemex?

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

4

Which broker is safer, Fusion Markets or Phemex?

Fusion Markets is regulated by ASIC, VFSC, FSA, while Phemex holds licences from unknown regulators.

5

What trading platforms do Fusion Markets and Phemex support?

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

6

Can I use both Fusion Markets and Phemex?

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

Key Trading Terms

Related Guides

More Comparisons

BrokerRank Research

Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.

Featured

Bybit

4.0
Open Account

Capital at risk · T&Cs apply