XM
Fusion Markets
VS
Higher Rated
XM
Capital at risk · T&Cs apply
Choosing between XM and Fusion Markets depends on your trading style, preferred markets, and budget. XM is headquartered in Limassol, Cyprus, while Fusion Markets operates from Melbourne, Australia. XM has the longer track record, established in 2009, 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.
XM
Fusion Markets
| XM | Fusion Markets | |
|---|---|---|
| BrokerRank Score | 3.9/5 ✓ | 3.6/5 |
| Min. Deposit | $5 | $0 ✓ |
| Spread from | 0.6 pips | 0 pips ✓ |
| Max Leverage | 1:1000 ✓ | 1:500 |
| Regulation | CySEC, ASIC, FCA ✓ | ASIC |
| Platforms | MT4, MT5, Proprietary Mobile | MT4, MT5, TradingView |
XM is the better choice overall, scoring 3.9/5 vs 3.6/5 on BrokerRank's independent rating. On fees, Fusion Markets offers lower spreads (0 pips).
See full side-by-side comparison belowXM
WinnerFusion Markets
XM
Fusion Markets
XM holds licences from ASIC, FCA, CySEC. Fusion Markets is regulated by ASIC.
Both brokers offer access to Forex, Cfd, Stocks, Indices, Commodities markets.
On spreads, Fusion Markets is more competitive with EUR/USD spreads from 0.0 pips, compared to 0.6 pips at XM.
XM supports MT4, MT5, Proprietary Mobile. Fusion Markets offers MT4, MT5, TradingView. Both brokers are available on MT4, MT5.
XM requires a minimum deposit of $5, while Fusion Markets sets no minimum deposit. This makes Fusion Markets accessible to traders with any budget.
BrokerRank scores XM at 3.92/5 and Fusion Markets at 3.56/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. XM leads overall with a clear advantage.
XM
3.9/5
Choose XM if you want…
Fusion Markets
3.6/5
Choose Fusion Markets if you want…
XM scores higher overall on our independent rating system. XM holds a 3.9/5 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.
XM offers spreads from 0.6 pips, while Fusion Markets starts at 0 pips. Check the fees section above for a full breakdown.
XM requires a minimum deposit of $5. Fusion Markets requires $0.
XM is regulated by CySEC, ASIC, FCA, while Fusion Markets holds licences from ASIC.
XM supports MT4, MT5, 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.