Skip to main content
Side-by-Side Comparison Independent Updated Oct 2, 2026

XM vs Fusion Markets 2026: Which Broker is Better?

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

XMFusion Markets
BrokerRank Score3.9/53.9/5 ✓
Min. Deposit$5$0 ✓
Spread from0.6 pips0 pips ✓
Max Leverage1:1000 ✓1:500
RegulationCySEC, DFSA, FSC ✓ASIC, VFSC, FSA
PlatformsMT4, MT5, Proprietary MobileMT4, MT5, TradingView
Quick VerdictBrokerRank recommends
Best for Beginners
Fusion MarketsXM
Best for Low Fees
Fusion MarketsXM
Best for Regulation
XMFusion Markets
Quick Answer

XM (3.9/5) and Fusion Markets (3.9/5) are closely matched. Fusion Markets has lower spreads; the better pick depends on your priorities.

See full side-by-side comparison below

XM vs Fusion Markets: Key Differences

Feature

XM

Fusion Markets

Our Rating
3.9 / 5
3.9 / 5
Min. Deposit
$5
$0
Max Leverage
Spread From
0.6 pips
0 pips
Commission
None
$2.25/lot
Regulated By
CySECDFSAFSCFSCAFSA
ASICVFSCFSA
Platforms
MT4, MT5, Proprietary Mobile
MT4, MT5, TradingView, cTrader
Markets
Forex, Cfd, Stocks, Indices, Commodities
Forex, Cfd, Stocks, Indices, Commodities, Crypto
Founded
2009
2017
Headquarters
Limassol, Cyprus
Melbourne, Australia
Score
2 / 4
2 / 4

Still deciding between XM and Fusion Markets?

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

XM

Fusion Markets

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

Regulation & Trust

XM holds licences from ASIC, FCA, CySEC. Fusion Markets is regulated by ASIC.

Markets & Assets

Both brokers offer access to Forex, Cfd, Stocks, Indices, Commodities markets.

Fees & Spreads

On spreads, Fusion Markets is more competitive with EUR/USD spreads from 0.0 pips, compared to 0.6 pips at XM.

Trading Platforms

XM supports MT4, MT5, Proprietary Mobile. Fusion Markets offers MT4, MT5, TradingView. Both brokers are available on MT4, MT5.

Minimum Deposit

XM requires a minimum deposit of $5, while Fusion Markets sets no minimum deposit. This makes Fusion Markets accessible to traders with any budget.

Overall Ratings

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.

BrokerRank Verdict

XM is our recommended pick in this comparison, scoring 3.92/5 versus Fusion Markets's 3.56/5. XM holds more tier-1 licences (ASIC, FCA), offering stronger regulatory protection. Fusion Markets has a fees advantage with 0.0 pip spreads. Traders with smaller budgets may find Fusion Markets's lower minimum deposit of $0 more accessible. Fusion Markets is still a solid option for beginners starting with a smaller initial capital, but XM offers a stronger overall package for the majority of traders.

Who Should Choose Which?

XM

XM

3.9/5

Choose XM if you want…

  • No per-trade commission
  • Higher leverage (up to 1:1000)
  • More regulatory licences (5)
  • More established (est. 2009)
Fusion Markets

Fusion Markets

3.9/5

Top pick

Choose Fusion Markets if you want…

  • Tighter spreads (from 0 pips)
  • No minimum deposit
  • More market types (6)
  • More platforms (4 supported)

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
#5Plus500 logo
Plus500
4.0
MAS
Visit

80% of retail CFD accounts lose money.

#6AvaTrade logo
AvaTrade
4.0
MAS
Visit

Both XM & Fusion Markets are available in

Frequently Asked Questions

1

Is XM better than Fusion Markets?

XM (3.9/5) and Fusion Markets (3.9/5) are closely matched on our independent rating scale. The better choice depends on your priorities — fees, regulation, platforms, or available markets. See the full comparison above.

2

Which has lower fees, XM or Fusion Markets?

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

3

What is the minimum deposit for XM vs Fusion Markets?

XM requires a minimum deposit of $5. Fusion Markets requires $0.

4

Which broker is safer, XM or Fusion Markets?

XM is regulated by CySEC, DFSA, FSC, FSCA, FSA, while Fusion Markets holds licences from ASIC, VFSC, FSA.

5

What trading platforms do XM and Fusion Markets support?

XM supports MT4, MT5, Proprietary Mobile. Fusion Markets supports MT4, MT5, TradingView, cTrader.

6

Can I use both XM 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

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

Featured

Deriv

4.0
Open Account

Capital at risk · T&Cs apply