Written by ForexBrokers.com
In this head to head comparison of FP 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.
FP Markets and Fusion Markets are both privately held online brokers, and neither is a bank. FP Markets was founded in 2005, while Fusion Markets started in 2019. Based on ForexBrokers.com ratings, FP Markets has a Trust Score of 90 out of 99, which places it in the highly trusted range, while Fusion Markets scores 71, which is seen as average risk.
When it comes to regulation, FP Markets holds 2 Tier-1 licenses and 1 Tier-2 license, giving it a stronger regulatory profile than Fusion Markets, which holds 1 Tier-1 license and no Tier-2 licenses. For traders comparing safety and oversight, FP Markets has the edge on both trust and licensing.
| Feature |
FP Markets
|
Fusion Markets
|
|---|---|---|
| Year Founded | 2005 | 2019 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 1 |
| Tier-2 Licenses | 1 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 2 |
FP Markets and Fusion Markets both keep trading costs fairly low, but they do it in different ways. FP Markets earns a 4.5-star rating and ranks #11 out of 36 for commissions and fees. Its Raw ECN account is the best value, with tight spreads and a commission-based setup that can work out to about 0.8 pips all-in on EUR/USD, while the Standard account is more expensive because of wider spreads. FP Markets also offers cTrader and Iress accounts, though some Iress options can become costly unless you trade actively or keep a high balance.
Fusion Markets is even more competitive on price, earning a 5.0-star rating and ranking #7 out of 36. Its Zero account uses raw spreads from 0.0 pips plus a separate commission, with total trading costs estimated at around 0.5 pips. That makes it a strong choice for active traders who want low costs and don’t mind seeing commission added separately. Fusion’s Classic account is simpler, but the spread is wider because the fee is built in, which may suit newer traders who prefer straightforward pricing.
In short, FP Markets offers very good low-cost trading, especially on its Raw ECN account, but Fusion Markets has the edge on overall commissions and fees. If your main goal is the lowest possible trading cost, Fusion Markets is the better pick; if you want a flexible broker with several account types and still-competitive pricing, FP Markets is a solid alternative.
| Feature |
FP 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 | 0.9 | 0.54 |
| Non-wire bank transfer (Deposit/Withdraw) | No | Yes |
| PayPal (Deposit/Withdraw) | Yes | Yes |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
FP Markets offers a wider range of investments than Fusion Markets, with around 10,000 tradable symbols compared with Fusion Markets’ 250. FP Markets also provides 71 forex pairs, while Fusion Markets lists 81, so Fusion Markets has a slight edge in currency pair selection. Both brokers offer forex trading, copy trading, and cryptocurrency CFDs, but neither lets clients buy real cryptocurrency or trade exchange-traded shares on U.S. or international stock exchanges.
Overall, FP Markets comes out ahead for range of investments, thanks to its much larger product list and stronger recognition in this category. It is rated 4.5 out of 5 stars for Range of Investments and ranks #17 out of 36 brokers at ForexBrokers.com, while Fusion Markets is rated 3.5 out of 5 stars and ranks #36 out of 36. For traders who want more market choice, FP Markets is the broader option, although Fusion Markets still offers a useful selection of forex pairs.
| Feature |
FP Markets
|
Fusion Markets
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | |
| Tradeable Symbols (Total) | 10000 | 250 |
| Forex Pairs (Total) | 71 | 81 |
| U.S. Stocks (Shares) | No | No |
| Global Stocks (Non-U.S. Shares) | No | No |
| Copy Trading | Yes | 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.
FP Markets and Fusion Markets both give traders a strong set of platform choices, including free demo accounts, MetaTrader 4, MetaTrader 5, web-based trading, Windows desktop downloads, copy trading, and the ability to place trades directly from charts. That means both brokers cover the basics well for beginners and more active traders who want flexibility across devices and trading styles.
The main difference is that FP Markets also offers a proprietary in-house platform, while Fusion Markets does not. In third-party ratings, both brokers score well for trading platforms and tools, with FP Markets rated 4 stars and ranked #22 out of 36 brokers, compared with Fusion Markets at 4.0 stars and #31 out of 36. For traders who want an extra platform option beyond MT4 and MT5, FP Markets has the edge here.
| Feature |
FP 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 | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| Charting - Indicators / Studies (Total) | 30 | 31 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
FP Markets and Fusion Markets both offer mobile trading apps for iPhone and Android, so traders can manage accounts and place trades on the go with either broker. Each app also supports drawing trendlines and automatically saves those drawings, which helps make chart work easier on a phone. One area where FP Markets stands out is price alerts, since it offers stock and forex alerts while Fusion Markets does not. Neither broker offers watchlist symbol syncing between the mobile app and online account.
For charting tools, Fusion Markets gives mobile users 32 technical studies, while FP Markets relies on MetaTrader’s default chart setup. In terms of overall app quality, FP Markets comes out ahead with a 4-star rating and a #20 ranking out of 36 brokers from ForexBrokers.com, compared with Fusion Markets’ 3.5-star rating and #32 ranking. If mobile alerts and a stronger overall app rating matter most, FP Markets has the edge; if built-in technical studies are more important, Fusion Markets offers more charting options.
| Feature |
FP Markets
|
Fusion Markets
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | No |
| Mobile Watchlists - Syncing | No | No |
| Mobile Charting - Indicators / Studies | MetaTrader (Default) | 32 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
FP Markets has the edge over Fusion Markets when it comes to market research. FP Markets provides daily market commentary, while Fusion Markets does not. Both brokers offer forex news from major sources like Bloomberg, Reuters, and Dow Jones, and each includes an economic calendar with key global events. However, FP Markets goes further with extra research tools such as Autochartist, Trading Central, and a sentiment tool that shows how traders are positioned across currency pairs and other markets.
In independent ratings, both brokers score well for research, with FP Markets earning 4 stars and ranking #22 out of 36 brokers, while Fusion Markets also holds 4 stars but ranks slightly lower at #24. If you want more built-in market insight and analysis tools, FP Markets is the stronger choice, while Fusion Markets covers the basics well.
| Feature |
FP Markets
|
Fusion Markets
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | No |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | Yes | No |
| Trading Central | Yes | No |
| Client sentiment data | Yes | No |
| TipRanks | No | No |
| Acuity Trading | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
For beginners looking to learn forex or CFDs, FP Markets and Fusion Markets both offer a helpful range of educational content, including at least 10 beginner videos and at least 10 advanced videos for more experienced traders. Each broker is also rated 4 out of 5 stars for Education, and their ForexBrokers.com rankings are close, with FP Markets placed 21st out of 36 brokers and Fusion Markets 22nd. On this basis, both brokers provide a similar learning setup for new traders, with FP Markets holding a slight edge in overall education standing.
FP Markets stands out a little more for hands-on learning because it offers online educational client webinars at least once a month, while Fusion Markets does not. In addition, FP Markets appears to offer forex or CFDs education with at least 10 pieces of content focused on those topics, which is an important plus for beginners who want clearer guidance on trading basics. Fusion Markets also offers forex or CFDs education, but FP Markets has the advantage when it comes to live, ongoing support for learning.
| Feature |
FP 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 FP Markets is better than Fusion Markets. FP Markets finished with an overall rank of #19, while Fusion Markets finished with an overall rank of #35.
FP Markets shines as a low-cost broker for trading forex and CFDs – as long as you use the MetaTrader platform. The Iress platform suite offers well over 10,000 tradeable symbols, but it’s mostly a share trading platform – and is generally a much pricier option.
| Feature |
FP Markets
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Fusion Markets
|
|---|---|---|
| Overall Rating |
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| Trust Score | 90 | 71 |
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FP Markets and Fusion Markets both let traders access cryptocurrency CFDs, but neither online broker offers the ability to buy actual delivered cryptocurrency.
FP Markets and Fusion Markets both support PayPal, Skrill, and bank wire transfers for deposits and withdrawals, but Fusion Markets also offers ACH or SEPA transfers, giving it a broader range of funding options.
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 | FP Markets | Fusion Markets | |
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| Trust Score | 90 | 71 | |
| Winner | check_circle | ||
| Review | FP Markets Review | Fusion Markets Review |
| Broker Screenshots | FP Markets | Fusion Markets | |
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| Regulation | FP Markets | Fusion Markets | |
|---|---|---|---|
| Trust Score | 90 | 71 | |
| Year Founded | 2005 | 2019 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 2 | 1 | |
| Tier-2 Licenses | 1 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 2 | 2 |
| Tier-1 Licenses (Highly Trusted) | FP Markets | 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) | No | No | |
| Switzerland (FINMA Authorised) | No | ||
| United Kingdom (U.K.) (FCA Authorised) | No | 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) | FP Markets | Fusion Markets | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | ||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA, FSRA, or CMA Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No |
| Investments | FP Markets | Fusion Markets | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | ||
| Tradeable Symbols (Total) | 10000 | 250 | |
| Forex Pairs (Total) | 71 | 81 | |
| U.S. Stocks (Shares) | No | No | |
| Global Stocks (Non-U.S. Shares) | No | No | |
| Copy Trading | Yes | 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 | FP Markets | Fusion Markets | |
|---|---|---|---|
| Average spread (EUR/USD) - Spread-only account | 1.3 | 0.91 | |
| All-in Cost EUR/USD - Raw spread account | 0.9 | 0.54 | |
| Inactivity Fee | No | No | |
| Order execution: Agency | No | ||
| Order execution: Market Maker | Yes |
| Funding | FP Markets | Fusion Markets | |
|---|---|---|---|
| Minimum Deposit | $0 | $0.00 | |
| PayPal (Deposit/Withdraw) | Yes | Yes | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer (Deposit/Withdraw) | No | Yes |
| Trading Platforms | FP Markets | Fusion Markets | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | No | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | Yes | Yes |
| Trading Tools | FP Markets | Fusion Markets | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 30 | 31 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | FP Markets | Fusion Markets | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | No | |
| Mobile Watchlists - Syncing | No | No | |
| Mobile Charting - Indicators / Studies | MetaTrader (Default) | 32 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | Yes | |
| Mobile Research - Economic Calendar | Yes | No |
| Research | FP Markets | Fusion Markets | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | No | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | Yes | No | |
| Trading Central | Yes | No | |
| TipRanks | No | No | |
| Client sentiment data | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | FP Markets | Fusion Markets | |
|---|---|---|---|
| Webinars | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | Yes |
| Major Forex Pairs | FP Markets | Fusion Markets | |
|---|---|---|---|
| EUR/USD | Yes | Yes | |
| Review | FP Markets Review | Fusion Markets Review |
| Overall | FP Markets | Fusion Markets | |
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| Trust Score | 90 | 71 | |
| Winner | check_circle | ||
| Review | FP Markets Review | Fusion Markets Review |
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