Written by ForexBrokers.com
In this head to head comparison of eToro 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.
When comparing eToro and Fusion Markets, eToro comes out ahead on regulation and trust. Founded in 2007 and listed on a stock exchange, eToro is not a bank, but it does hold 4 Tier-1 licenses and 1 Tier-2 license, which helps support its ForexBrokers.com Trust Score of 97 out of 99. That score places eToro in the highly trusted range.
Fusion Markets, founded in 2019, is also not a bank and is not publicly traded. It holds 1 Tier-1 license and no Tier-2 licenses, giving it a ForexBrokers.com Trust Score of 71 out of 99, which falls in the average risk range. In short, eToro has the stronger regulatory profile and higher trust rating, while Fusion Markets has a lighter licensing footprint and a lower score.
| Feature |
eToro
|
Fusion Markets
|
|---|---|---|
| Year Founded | 2007 | 2019 |
| Publicly Traded (Listed) | Yes | No |
| Bank | No | No |
| Tier-1 Licenses | 4 | 1 |
| Tier-2 Licenses | 1 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 2 |
When it comes to commissions and fees, Fusion Markets is the lower-cost choice for most traders, while eToro is better known for its social trading tools than for cheap pricing. eToro is a market-maker broker with a typical variable spread of 1 pip on EUR/USD, which is a bit above the industry average. It earns a 4-star rating for commissions and fees and ranks #23 out of 36 brokers in ForexBrokers.com’s Commissions and Fees category. For many retail traders, eToro’s appeal is less about low spreads and more about its copy trading features and its eToro Club VIP program.
Fusion Markets takes a more pricing-focused approach with two account types: Zero and Classic. The Zero account uses raw spreads starting at 0.0 pips plus a separate commission, and Fusion says its all-in trading cost is about 0.5 pips, which is very competitive. The Classic account rolls the fee into the spread, with spreads starting at 0.9 pips, making it a simpler choice for newer or casual traders. Fusion Markets earns a 5.0-star rating for commissions and fees; its ForexBrokers.com ranking for this category is not available (#N/A).
In simple terms, choose eToro if you value social and copy trading features more than low spreads, and choose Fusion Markets if keeping trading costs as low as possible is your main goal. eToro may be easier for traders who want a straightforward platform with added community features, while Fusion Markets is usually the better fit for active traders who want tighter pricing and are comfortable with a commission-based structure.
| Feature |
eToro
|
Fusion Markets
|
|---|---|---|
| Minimum Deposit | $50-$10,000 | $0.00 |
| Average spread (EUR/USD) - Spread-only account | 1 | 0.91 |
| All-in Cost EUR/USD - Raw spread account | 1 | 0.54 |
| Non-wire bank transfer (Deposit/Withdraw) | Yes | Yes |
| PayPal (Deposit/Withdraw) | Yes | Yes |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When it comes to range of investments, eToro gives traders far more choice than Fusion Markets. eToro offers 7,441 tradeable symbols, including 65 forex pairs, plus access to exchange-traded shares on both U.S. and international markets. It also supports copy trading and lets users buy actual cryptocurrency as well as crypto CFDs, making it a wider all-around platform for investors who want more than just forex and CFDs.
Fusion Markets is more limited overall, with 250 tradeable symbols, but it does offer a larger list of forex pairs at 81. It also supports copy trading and crypto CFDs, though it does not offer exchange-traded U.S. or international shares, and it does not allow the purchase of actual cryptocurrency. Based on ForexBrokers.com’s range of investments rating, eToro scores 5 stars and ranks #10 out of 36 brokers, while Fusion Markets is rated 3.5 stars.
| Feature |
eToro
|
Fusion Markets
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | |
| Tradeable Symbols (Total) | 7441 | 250 |
| Forex Pairs (Total) | 65 | 81 |
| U.S. Stocks (Shares) | Yes | No |
| Global Stocks (Non-U.S. Shares) | Yes | No |
| Copy Trading | Yes | Yes |
| Cryptocurrency (Underlying) | Yes | 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.
When it comes to trading platforms and tools, eToro and Fusion Markets both give traders a browser-based platform, a free demo account, copy trading, and the ability to place trades straight from a chart. Both also offer simulated trading, which can be helpful if you want to practice before using real money. For platform quality, eToro holds a 4.5-star rating for Trading Platforms and Tools and is ranked #8 out of 36 brokers by ForexBrokers.com, while Fusion Markets is rated 4.0 stars in the same category.
The biggest difference is in platform choice. eToro uses its own in-house platform and does not offer MetaTrader 4 or MetaTrader 5, while Fusion Markets does not have a proprietary platform but does support both MT4 and MT5, plus a Windows desktop download platform. This makes eToro a simpler, more guided choice for traders who like a built-in social and copy trading experience, while Fusion Markets may appeal more to traders who want the familiar MetaTrader setup and desktop access.
| Feature |
eToro
|
Fusion Markets
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | No |
| Desktop Platform (Windows) | No | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | No | Yes |
| MetaTrader 5 (MT5) | No | Yes |
| Charting - Indicators / Studies (Total) | 106 | 31 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
eToro and Fusion Markets both offer mobile trading apps for iPhone and Android, so traders can manage their accounts on the go with either broker. eToro stands out for mobile features, giving users stock and forex price alerts, watchlist symbol syncing with the web platform, and a much larger set of chart tools with 104 technical studies. Fusion Markets also lets traders draw trendlines in its app, but it does not offer price alerts or watchlist syncing, and its mobile charting includes 32 technical studies.
When it comes to overall mobile experience, eToro has the edge with a 4.5-star rating for Mobile Trading Apps and a ForexBrokers.com ranking of #10 out of 36 brokers. Fusion Markets is rated 3.5 stars and does not have a listed ranking in this category. For traders who want more charting options, alerts, and syncing between devices, eToro is the stronger choice for mobile trading.
| Feature |
eToro
|
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 | 104 | 32 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | No | Yes |
Dive deeper: Best Forex Trading Apps.
When it comes to market research, eToro offers more built-in tools than Fusion Markets. eToro provides daily market commentary, forex news from leading sources like Bloomberg and Reuters, a sentiment tool that shows long and short positioning, TipRanks research, and an economic calendar for tracking major global events. It is rated 4.5 out of 5 stars for Research and is ranked #12 out of 36 brokers by ForexBrokers.com.
Fusion Markets also gives traders access to top-tier forex news and an economic calendar, but it does not include daily market commentary, sentiment data, TipRanks, Autochartist, Trading Central, or Acuity Trading tools. Its Research rating is 4.0 out of 5 stars, and it does not currently have a ForexBrokers.com research ranking listed. Overall, eToro has the wider research offering for traders who want more market insight in one place.
| Feature |
eToro
|
Fusion Markets
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | No |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | No |
| Trading Central | No | No |
| Client sentiment data | Yes | No |
| TipRanks | Yes | No |
| Acuity Trading | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
For beginners looking to learn the basics of trading, eToro has the edge over Fusion Markets. eToro offers forex and CFDs education with at least 10 learning materials focused on those topics, plus monthly online educational webinars, which can be helpful for new traders who want guided instruction. It also provides at least 10 beginner videos and 10 advanced videos, making it a stronger all-round choice for traders who want to keep learning as they gain experience.
Fusion Markets also gives beginners access to at least 10 beginner videos and 10 advanced videos, so there is still useful content for getting started and building skills. However, it does not offer monthly educational webinars and does not meet the benchmark for forex or CFDs education materials in the same way eToro does. That difference is reflected in the ratings, with eToro scoring 4.5 out of 5 for Education and ranking #3 out of 36 brokers, while Fusion Markets is rated 4.0 out of 5 and does not have a ForexBrokers.com education ranking listed.
| Feature |
eToro
|
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 eToro is better than Fusion Markets. eToro finished with an overall rank of #9, while Fusion Markets finished with an overall rank of #N/A.
eToro is a winner for its easy-to-use copy-trading platform, where traders can copy the trades of experienced investors – or receive exclusive perks for sharing their own trading strategies.
| Feature |
eToro
|
Fusion Markets
|
|---|---|---|
| Overall Rating |
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| Trust Score | 97 | 71 |
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eToro stands out by offering both actual, delivered cryptocurrency and cryptocurrency CFDs, while Fusion Markets only provides cryptocurrency CFDs and does not allow clients to buy the underlying crypto asset.
When comparing eToro vs Fusion Markets for funding options, both online brokers support ACH/SEPA transfers, PayPal, Skrill, and bank wire deposits and withdrawals, while neither appears to offer Visa or Mastercard card funding.
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.
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0 of 5| Overall Rating | eToro | Fusion Markets | |
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| Trust Score | 97 | 71 | |
| Winner | check_circle | ||
| Review | eToro Review | Fusion Markets Review |
| Broker Screenshots | eToro | Fusion Markets | |
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| Regulation | eToro | Fusion Markets | |
|---|---|---|---|
| Trust Score | 97 | 71 | |
| Year Founded | 2007 | 2019 | |
| Publicly Traded (Listed) | Yes | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 4 | 1 | |
| Tier-2 Licenses | 1 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 2 |
| Tier-1 Licenses (Highly Trusted) | eToro | Fusion Markets | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | Yes | |
| Canada (CIRO Authorised) | No | 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) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No |
| Tier-2 Licenses (Trusted) | eToro | 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 | eToro | Fusion Markets | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | ||
| Tradeable Symbols (Total) | 7441 | 250 | |
| Forex Pairs (Total) | 65 | 81 | |
| U.S. Stocks (Shares) | Yes | No | |
| Global Stocks (Non-U.S. Shares) | Yes | No | |
| Copy Trading | Yes | Yes | |
| Cryptocurrency (Underlying) | Yes | 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 | eToro | Fusion Markets | |
|---|---|---|---|
| Average spread (EUR/USD) - Spread-only account | 1 | 0.91 | |
| All-in Cost EUR/USD - Raw spread account | 1 | 0.54 | |
| Inactivity Fee | Yes | No | |
| Order execution: Agency | Yes | ||
| Order execution: Market Maker | Yes |
| Funding | eToro | Fusion Markets | |
|---|---|---|---|
| Minimum Deposit | $50-$10,000 | $0.00 | |
| PayPal (Deposit/Withdraw) | Yes | Yes | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer (Deposit/Withdraw) | Yes | Yes |
| Trading Platforms | eToro | Fusion Markets | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | No | |
| Desktop Platform (Windows) | No | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | No | Yes | |
| MetaTrader 5 (MT5) | No | Yes | |
| cTrader | No | Yes |
| Trading Tools | eToro | Fusion Markets | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 106 | 31 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | eToro | 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 | 104 | 32 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | No | Yes | |
| Mobile Research - Economic Calendar | No | No |
| Research | eToro | Fusion Markets | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | No | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | No | |
| Trading Central | No | No | |
| TipRanks | Yes | No | |
| Client sentiment data | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | eToro | Fusion Markets | |
|---|---|---|---|
| Webinars | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | Yes |
| Major Forex Pairs | eToro | 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 | eToro Review | Fusion Markets Review |
| Overall | eToro | Fusion Markets | |
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| Trust Score | 97 | 71 | |
| Winner | check_circle | ||
| Review | eToro Review | Fusion Markets Review |
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