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 low, but they do it in different ways. FP Markets is a strong choice for traders who want tight pricing on its commission-based Raw ECN account, with average spreads around 0.1 pips and an all-in cost near 0.8 pips after commission. Its Standard account is more expensive, with wider spreads, and some of its Iress account options in Australia can add platform and data fees unless you meet higher deposit or commission requirements. FP Markets is rated 4.5/5 stars for commissions and fees and is ranked #11 out of 36 brokers by ForexBrokers.com.
Fusion Markets is even more focused on low-cost trading, especially through its Zero account, which uses raw spreads starting at 0.0 pips plus a separate commission. Fusion says its total trading cost on this account is about 0.5 pips, which makes it one of the cheaper options for active forex traders. Its Classic account is simpler, with commission built into the spread, but pricing starts at 0.9 pips, so it usually costs more overall. Fusion Markets is rated 5.0/5 stars for commissions and fees, though a ForexBrokers.com ranking was not available (#N/A).
In simple terms, FP Markets is very competitive and offers more account variety, while Fusion Markets has the edge for lowest pricing on its main trading account. If your main goal is keeping fees as low as possible, Fusion’s Zero account is hard to beat. If you want a broker with excellent pricing plus strong platform choices, FP Markets remains a solid pick.
| Feature |
FP Markets
|
Fusion Markets
|
|---|---|---|
| Minimum Deposit | $100 AUD | $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 broader range of investments than Fusion Markets, making it the stronger choice for traders who want more market variety. FP Markets lists 10,000 tradable symbols versus 250 at Fusion Markets, though Fusion Markets actually offers a slightly larger selection of forex pairs, with 81 compared with FP Markets’ 71. Both brokers support forex trading, copy trading, and cryptocurrency CFDs, but neither lets clients buy real, delivered cryptocurrency or trade exchange-traded shares on U.S. or international stock exchanges.
For overall range of investments, FP Markets is rated 4.5 out of 5 stars and ranks #17 out of 36 brokers, while Fusion Markets is rated 3.5 out of 5 stars and does not have a listed ForexBrokers.com ranking in this category. In simple terms, Fusion Markets may appeal to forex-focused traders thanks to its larger forex pair list, but FP Markets offers far more total instruments for those looking to trade a wider mix of products.
| 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 range 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. This means either broker can suit traders who want to test strategies first or use familiar third-party tools across desktop and browser access.
The main difference is that FP Markets also offers a proprietary platform built in-house, while Fusion Markets does not. In ForexBrokers.com’s Trading Platforms and Tools review, both brokers are rated 4 out of 5 stars, but FP Markets is ranked higher overall at #22 out of 36 brokers, while Fusion Markets does not have a listed rank in this category.
| 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 give traders mobile access on iPhone and Android, and both apps let users draw trendlines and automatically save those drawings on charts. Neither broker offers watchlist symbol syncing between the mobile app and online account, so changes made in one place do not carry over to the other. For charting, FP Markets uses the default MetaTrader tools in its app, while Fusion Markets offers 32 technical studies, which may appeal to traders who want more built-in chart options on mobile.
When it comes to added features, FP Markets has the edge because it offers stock and forex price alerts, while Fusion Markets does not. FP Markets also scores higher for mobile trading apps, with a 4-star rating and a ForexBrokers.com ranking of #20 out of 36 brokers. Fusion Markets is rated 3.5 stars and does not have a listed ranking in this category, making FP Markets the stronger choice overall for mobile trading convenience and alerts.
| 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 offers a more complete market research package than Fusion Markets. It provides daily market commentary, news from top sources like Bloomberg and Reuters, and extra tools such as Autochartist, Trading Central, and a sentiment gauge that shows whether traders are more often buying or selling. Both brokers include forex news from top-tier sources and an economic calendar, but Fusion Markets does not offer daily commentary or the added third-party research tools that FP Markets has.
When it comes to research ratings, both brokers are close on paper: FP Markets is rated 4 out of 5 stars, while Fusion Markets also scores 4.0 stars. Still, FP Markets is ranked #22 out of 36 brokers in the Research category by ForexBrokers.com, while Fusion Markets does not have a listed ranking. For traders who want more built-in market analysis and signals, FP Markets has the edge.
| 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, both FP Markets and Fusion Markets offer a range of useful learning materials, including at least 10 beginner videos and 10 advanced videos on trading topics. Each broker also earns a 4-star Education rating, so both provide a solid starting point for traders who want to build their knowledge at their own pace.
FP Markets has a clearer edge for education overall because it also offers forex/CFD-focused learning content, runs online educational webinars at least once a month, and is ranked #22 out of 36 brokers for Education by ForexBrokers.com. Fusion Markets does not provide monthly educational webinars, and its Education ranking is not listed, which may make FP Markets the better pick for beginners who want more regular guidance and structured learning support.
| 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 #N/A.
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
|
|---|---|---|
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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 | $100 AUD | $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 Watchlist [DELETED] | |||
| 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 | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| 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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