Written by ForexBrokers.com
In this head to head comparison of CMC Markets vs Fusion Markets, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
CMC Markets and Fusion Markets differ clearly when it comes to trust and regulation. CMC Markets was founded in 1989, is publicly traded, and is regulated by 6 Tier-1 and 1 Tier-2 authorities, which helps explain its ForexBrokers.com Trust Score of 99 out of 99. Fusion Markets, founded in 2019, is not publicly listed and is regulated by 1 Tier-1 authority and no Tier-2 authorities, giving it a Trust Score of 71 out of 99. Neither broker is a bank.
Using ForexBrokers.com’s rating guide, CMC Markets falls into the highly trusted range, while Fusion Markets sits in the average risk range. For traders who place a strong focus on regulation, company history, and public listing status, CMC Markets has a stronger overall profile than Fusion Markets.
| Feature |
CMC Markets
|
Fusion Markets
|
|---|---|---|
| Year Founded | 1989 | 2019 |
| Publicly Traded (Listed) | Yes | No |
| Bank | No | No |
| Tier-1 Licenses | 6 | 1 |
| Tier-2 Licenses | 1 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 0 | 2 |
CMC Markets and Fusion Markets both score highly on commissions and fees, but they take different approaches. CMC Markets earns 5 stars and ranks #4 out of 36 brokers for this category at ForexBrokers.com. Its standard spread-only account is less competitive, with an average EUR/USD spread of 1.3 pips versus an advertised 0.8 pip minimum, but pricing improves through the FX Active account, where all-in costs can fall to about 1.15 pips on EUR/USD. CMC also stands out for fee consistency, no minimum deposit, free international bank wires, and no inactivity fee until after a full year without trading.
Fusion Markets also earns 5.0 stars for commissions and fees, though a ForexBrokers.com ranking was not provided (#N/A). It offers two clear pricing choices: the Zero account uses raw spreads from 0.0 pips plus commission, while the Classic account folds costs into wider spreads starting at 0.9 pips. On the Zero account, Fusion says typical all-in trading costs are around 0.5 pips, making it one of the lower-cost choices for active forex traders. This setup is especially appealing to traders who want tight pricing and do not mind paying a separate commission.
In simple terms, CMC Markets is a strong pick if you want a well-known broker with reliable pricing and low extra account fees, while Fusion Markets is better if your main goal is the lowest possible trading cost. CMC’s best value comes through its FX Active plan, while Fusion’s Zero account is built for traders who want raw spreads and low commissions. Both are competitive, but Fusion is usually the more price-focused option overall.
| Feature |
CMC Markets
|
Fusion Markets
|
|---|---|---|
| Minimum Deposit | $0 | $0.00 |
| Average spread (EUR/USD) - Spread-only account | 1.3 | 0.91 |
| All-in Cost EUR/USD - Raw spread account | 1.15 | 0.54 |
| Non-wire bank transfer (Deposit/Withdraw) | Yes | Yes |
| PayPal (Deposit/Withdraw) | Yes | Yes |
| Skrill (Deposit/Withdraw) | No | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
CMC Markets offers a much wider range of investments than Fusion Markets, making it a stronger choice for traders who want more variety. CMC Markets provides access to 21,710 tradeable symbols and 303 forex pairs, compared with Fusion Markets’ 250 symbols and 81 forex pairs. CMC Markets also lets clients buy exchange traded securities on both U.S. and international exchanges, so you can invest in real shares such as Apple or Vodafone, while Fusion Markets does not offer exchange traded securities on either market.
Both brokers offer cryptocurrency CFDs, but neither lets you buy actual, delivered crypto. The main difference is that Fusion Markets supports copy trading, while CMC Markets does not. Overall, CMC Markets earns 5 stars for Range of Investments and ranks #9 out of 36 brokers on ForexBrokers.com, while Fusion Markets is rated 3.5 stars and has no listed ranking in this category.
| Feature |
CMC Markets
|
Fusion Markets
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | |
| Tradeable Symbols (Total) | 21710 | 250 |
| Forex Pairs (Total) | 303 | 81 |
| U.S. Stocks (Shares) | Yes | No |
| Global Stocks (Non-U.S. Shares) | Yes | No |
| Copy Trading | No | Yes |
| Cryptocurrency (Underlying) | No | No |
| Cryptocurrency (CFDs) | Yes | Yes |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
Dive deeper: Best Copy Trading Platforms.
CMC Markets and Fusion Markets both give traders a wide choice of ways to trade, including free demo accounts, Windows desktop platforms, web-based platforms, MetaTrader 4, and MetaTrader 5. Each broker also lets you trade directly from charts, which can make order entry quicker and more convenient. For traders who want flexibility across devices, both brokers cover the main platform types well.
The main difference is that CMC Markets also offers its own in-house platform, while Fusion Markets does not. Fusion Markets, on the other hand, includes copy trading, which CMC Markets does not provide. In ForexBrokers.com’s Trading Platforms and Tools category, CMC Markets scores 5 stars and ranks #6 out of 36 brokers, while Fusion Markets is rated 4.0 stars. Overall, CMC Markets has the edge for platform depth, while Fusion Markets may appeal to traders looking for copy trading alongside the standard platform choices.
| Feature |
CMC Markets
|
Fusion Markets
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | No |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | No | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| Charting - Indicators / Studies (Total) | 65 | 31 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
CMC Markets and Fusion Markets both make it easy to trade on the go, since each broker offers mobile apps for both iPhone and Android. Both apps also let users draw trendlines on charts and automatically save those drawings, which is helpful for traders who want to review their work later. In terms of charting tools, Fusion Markets offers slightly more technical studies in its mobile app, with 32 compared with 30 at CMC Markets.
Where CMC Markets stands out is in extra mobile features and overall app quality. It offers price alerts and watchlist syncing, so updates made in the app carry over to the online account and vice versa, while Fusion Markets does not. CMC Markets also has a stronger mobile rating, earning 5 stars and ranking #5 out of 36 brokers by ForexBrokers.com for Mobile Trading Apps, compared with Fusion Markets at 3.5 stars and no listed ranking in that category.
| Feature |
CMC Markets
|
Fusion Markets
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | No |
| Mobile Watchlists - Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 30 | 32 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
CMC Markets stands out for market research, offering daily market commentary, news from top-tier sources like Bloomberg and Reuters, Autochartist tools, a sentiment tool that shows long and short positioning, and an economic calendar for global events. It is rated 5 stars for Research by ForexBrokers.com and ranks #6 out of 36 brokers in this category, making it a stronger choice for traders who want more built-in analysis and market insight.
Fusion Markets also provides forex news from top-tier sources and an economic calendar, but it does not offer daily market commentary, Autochartist, or a sentiment-based trading tool. It is rated 4.0 stars for Research, and no ForexBrokers.com ranking is listed for the category. For traders comparing online brokers on research features, CMC Markets offers a wider range of tools and more in-depth market support than Fusion Markets.
| Feature |
CMC Markets
|
Fusion Markets
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | No |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | Yes | No |
| Trading Central | No | No |
| Client sentiment data | Yes | No |
| TipRanks | No | No |
| Acuity Trading | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When comparing CMC Markets and Fusion Markets for beginner education, CMC Markets comes out ahead overall. CMC Markets offers forex and CFD education with at least 10 learning pieces, plus monthly educational webinars, which can help new traders learn step by step. It also provides at least 10 beginner trading videos and at least 10 advanced videos, making it a stronger all-around choice for learners who want both basic and more detailed guidance.
Fusion Markets also gives beginners access to at least 10 beginner videos and at least 10 advanced videos, so it still offers useful learning content. However, it does not provide monthly educational webinars, and its Education rating is lower at 4.0 stars compared with CMC Markets’ 5 stars. ForexBrokers.com also ranks CMC Markets #10 out of 36 brokers for Education, while Fusion Markets does not have a listed ranking in this category, which further suggests that CMC Markets has the edge for education-focused beginners.
| Feature |
CMC Markets
|
Fusion Markets
|
|---|---|---|
| Webinars | Yes | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that CMC Markets is better than Fusion Markets. CMC Markets finished with an overall rank of #5, while Fusion Markets finished with an overall rank of #N/A.
CMC Markets is well-trusted across the globe, and delivers a terrific trading experience thanks to its 21,710 tradeable instruments and 303 forex pairs, the largest currency lineup in the industry.
| Feature |
CMC Markets
|
Fusion Markets
|
|---|---|---|
| Overall Rating |
|
|
| Trust Score | 99 | 71 |
| Range of Investments |
|
|
| Trading Fees |
|
|
| Trading Platforms |
|
|
| Research |
|
|
| Mobile Trading |
|
|
| Education |
|
|
Both CMC Markets and Fusion Markets let traders access cryptocurrency CFDs, but neither broker offers the ability to buy actual delivered cryptocurrency.
CMC Markets and Fusion Markets both support ACH/SEPA transfers, PayPal and bank wires for deposits and withdrawals, but Fusion Markets has the edge by also offering Skrill, while card support is not specified for either broker.
Please note:
We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.
Select Brokers
↓×Compare
0 of 5| Overall Rating | CMC Markets | Fusion Markets | |
|---|---|---|---|
| Overall Rating |
|
| |
| Trading Fees |
|
| |
| Range of Investments |
|
| |
| Trading Platforms |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 99 | 71 | |
| Winner | check_circle | ||
| Review | CMC Markets Review | Fusion Markets Review |
| Broker Screenshots | CMC Markets | Fusion Markets | |
|---|---|---|---|
| Broker Gallery (click to expand) |
|
| Regulation | CMC Markets | Fusion Markets | |
|---|---|---|---|
| Trust Score | 99 | 71 | |
| Year Founded | 1989 | 2019 | |
| Publicly Traded (Listed) | Yes | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 6 | 1 | |
| Tier-2 Licenses | 1 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 0 | 2 |
| Tier-1 Licenses (Highly Trusted) | CMC Markets | Fusion Markets | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | Yes | |
| Canada (CIRO Authorised) | Yes | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (FSA Authorised) | No | No | |
| Singapore (MAS Authorised) | Yes | No | |
| Switzerland (FINMA Authorised) | No | ||
| United Kingdom (U.K.) (FCA Authorised) | Yes | No | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | Yes | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No |
| Tier-2 Licenses (Trusted) | CMC Markets | Fusion Markets | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | ||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA, FSRA, or CMA Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No |
| Investments | CMC Markets | Fusion Markets | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | ||
| Tradeable Symbols (Total) | 21710 | 250 | |
| Forex Pairs (Total) | 303 | 81 | |
| U.S. Stocks (Shares) | Yes | No | |
| Global Stocks (Non-U.S. Shares) | Yes | No | |
| Copy Trading | No | Yes | |
| Cryptocurrency (Underlying) | No | No | |
| Cryptocurrency (CFDs) | Yes | Yes | |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
| Cost | CMC Markets | Fusion Markets | |
|---|---|---|---|
| Average spread (EUR/USD) - Spread-only account | 1.3 | 0.91 | |
| All-in Cost EUR/USD - Raw spread account | 1.15 | 0.54 | |
| Inactivity Fee | Yes | No | |
| Order execution: Agency | No | ||
| Order execution: Market Maker | Yes |
| Funding | CMC Markets | Fusion Markets | |
|---|---|---|---|
| Minimum Deposit | $0 | $0.00 | |
| PayPal (Deposit/Withdraw) | Yes | Yes | |
| Skrill (Deposit/Withdraw) | No | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer (Deposit/Withdraw) | Yes | Yes |
| Trading Platforms | CMC Markets | Fusion Markets | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | No | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | No | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | Yes |
| Trading Tools | CMC Markets | Fusion Markets | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 65 | 31 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | CMC Markets | Fusion Markets | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | No | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | 30 | 32 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | Yes | |
| Mobile Research - Economic Calendar | Yes | No |
| Research | CMC Markets | Fusion Markets | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | No | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | Yes | No | |
| Trading Central | No | No | |
| TipRanks | No | No | |
| Client sentiment data | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | CMC Markets | Fusion Markets | |
|---|---|---|---|
| Webinars | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | Yes |
| Major Forex Pairs | CMC Markets | Fusion Markets | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | CMC Markets Review | Fusion Markets Review |
| Overall | CMC Markets | Fusion Markets | |
|---|---|---|---|
| Overall Rating |
|
| |
| Trading Fees |
|
| |
| Range of Investments |
|
| |
| Trading Platforms |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 99 | 71 | |
| Winner | check_circle | ||
| Review | CMC Markets Review | Fusion Markets Review |
IG
FOREX.com
CMC Markets
XTB
eToro
Capital.com
AvaTrade
Pepperstone
FP Markets
Tickmill