OANDA vs Fusion Markets 2026: Which Broker is Better?
Choosing between OANDA and Fusion Markets depends on your trading style, preferred markets, and budget. OANDA is headquartered in New York, USA, while Fusion Markets operates from Melbourne, Australia. OANDA has the longer track record, established in 1996, 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.
OANDA
Fusion Markets
| OANDA | Fusion Markets | |
|---|---|---|
| BrokerRank Score | 4.3/5 ✓ | 3.9/5 |
| Min. Deposit | $0 | $0 |
| Spread from | 0.6 pips | 0 pips ✓ |
| Max Leverage | 1:50 | 1:500 ✓ |
| Regulation | CFTC, FCA, ASIC ✓ | ASIC, VFSC, FSA |
| Platforms | MT4, Proprietary Web, Proprietary Mobile | MT4, MT5, TradingView |
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 belowOANDA vs Fusion Markets: Key Differences
OANDA
WinnerFusion Markets
Still deciding between OANDA and Fusion Markets?
Skip the back-and-forth — answer 4 quick questions and we'll match you to your best fit.
Fees Comparison
OANDA
Fusion Markets
Regulation & Trust
OANDA holds licences from FCA, CFTC, ASIC. Fusion Markets is regulated by ASIC.
Markets & Assets
Both brokers offer access to Forex, Cfd, Indices, Commodities markets. Fusion Markets adds Stocks.
Fees & Spreads
On spreads, Fusion Markets is more competitive with EUR/USD spreads from 0.0 pips, compared to 0.6 pips at OANDA.
Trading Platforms
OANDA supports MT4, Proprietary Web, Proprietary Mobile. Fusion Markets offers MT4, MT5, TradingView. Both brokers are available on MT4.
Minimum Deposit
OANDA requires no minimum deposit, while Fusion Markets sets no minimum deposit. This makes OANDA accessible to traders with any budget.
Overall Ratings
BrokerRank scores OANDA at 4.09/5 and Fusion Markets at 3.56/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. OANDA leads overall with a clear advantage.
BrokerRank Verdict
Who Should Choose Which?
OANDA
4.3/5
Choose OANDA if you want…
- Higher overall rating (4.3/5)
- No per-trade commission
- More regulatory licences (7)
- More established (est. 1996)
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)
Also consider
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.
Both OANDA & Fusion Markets are available in
Frequently Asked Questions
1Is OANDA better than Fusion Markets?
OANDA scores higher overall on our independent rating system. OANDA holds a 4.3/5 rating vs Fusion Markets's 3.9/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
2Which has lower fees, OANDA or Fusion Markets?
OANDA offers spreads from 0.6 pips, while Fusion Markets starts at 0 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for OANDA vs Fusion Markets?
OANDA requires a minimum deposit of $0. Fusion Markets requires $0.
4Which broker is safer, OANDA or Fusion Markets?
OANDA is regulated by CFTC, FCA, ASIC, MAS, CIRO, BVI FSC, KNF, while Fusion Markets holds licences from ASIC, VFSC, FSA.
5What trading platforms do OANDA and Fusion Markets support?
OANDA supports MT4, Proprietary Web, Proprietary Mobile. Fusion Markets supports MT4, MT5, TradingView, cTrader.
6Can I use both OANDA and Fusion Markets?
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
Only 26% of Brokers Are Truly Fee-Free
BrokerRank Research — Hidden costs across our broker database
58% of Brokers Hold a Single Licence
BrokerRank Research — Regulation quality analysis
71% of Retail Traders Lose Money
BrokerRank Research — Loss rates across 50 EU brokers
76% of Brokers Use Proprietary Platforms
BrokerRank Research — MT4 vs MT5 vs proprietary
Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.
Featured
Deriv
4.0Capital at risk · T&Cs apply