Phillip Capital
Fusion Markets
VS
Higher Rated
Phillip Capital
Capital at risk · T&Cs apply
Choosing between Phillip Capital and Fusion Markets depends on your trading style, preferred markets, and budget. Phillip Capital is headquartered in Singapore, while Fusion Markets operates from Melbourne, Australia. Phillip Capital has the longer track record, established in 1975, 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.
Phillip Capital
Fusion Markets
| Phillip Capital | Fusion Markets | |
|---|---|---|
| BrokerRank Score | 3.7/5 ✓ | 3.6/5 |
| Min. Deposit | $0 | $0 |
| Spread from | 0 pips | 0 pips |
| Max Leverage | 1:5 | 1:500 ✓ |
| Regulation | MAS, ASIC ✓ | ASIC |
| Platforms | Proprietary Web, Proprietary Mobile | MT4, MT5, TradingView |
Phillip Capital is the better choice overall, scoring 3.7/5 vs 3.6/5 on BrokerRank's independent rating. On fees, Phillip Capital offers lower spreads (0 pips).
See full side-by-side comparison belowPhillip Capital
WinnerFusion Markets
Phillip Capital
Lower feesFusion Markets
Phillip Capital holds licences from MAS, ASIC. Fusion Markets is regulated by ASIC.
Both brokers offer access to Stocks, Forex, Cfd, Indices, Commodities markets.
Phillip Capital supports Proprietary Web, Proprietary Mobile. Fusion Markets offers MT4, MT5, TradingView.
Phillip Capital requires no minimum deposit, while Fusion Markets sets no minimum deposit. This makes Phillip Capital accessible to traders with any budget.
BrokerRank scores Phillip Capital at 3.74/5 and Fusion Markets at 3.56/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. Phillip Capital leads overall with a clear advantage.
Phillip Capital
3.7/5
Choose Phillip Capital if you want…
Fusion Markets
3.6/5
Choose Fusion Markets if you want…
Phillip Capital scores higher overall on our independent rating system. Phillip Capital holds a 3.7/5 rating vs Fusion Markets's 3.6/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
Phillip Capital offers spreads from 0 pips, while Fusion Markets starts at 0 pips. Check the fees section above for a full breakdown.
Phillip Capital requires a minimum deposit of $0. Fusion Markets requires $0.
Phillip Capital is regulated by MAS, ASIC, while Fusion Markets holds licences from ASIC.
Phillip Capital supports Proprietary Web, Proprietary Mobile. Fusion Markets supports MT4, MT5, TradingView.
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.