Written by ForexBrokers.com
In this head to head comparison of HFM 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.
HFM and Fusion Markets are both private brokers that are not listed on a stock exchange and are not banks, but their regulatory standing is different. HFM, founded in 2010, holds 2 Tier-1 licenses and 3 Tier-2 licenses, and earns a ForexBrokers.com Trust Score of 85 out of 99, which places it in the trusted range. This makes HFM the stronger choice on paper for traders who want a broker with more regulatory coverage.
Fusion Markets was founded in 2019 and holds 1 Tier-1 license and no Tier-2 licenses, with a Trust Score of 71 out of 99. That puts it in the average-risk range by ForexBrokers.com standards. While both brokers are unlisted and not banks, HFM has the clearer edge in regulatory trust and overall confidence.
| Feature |
HFM
|
Fusion Markets
|
|---|---|---|
| Year Founded | 2010 | 2019 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 1 |
| Tier-2 Licenses | 3 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 2 |
HFM’s commissions and fees are a little higher than the industry average. On its standard accounts, the broker says spreads typically start around 1.2 pips, though it does not provide a date range for that figure, so the real average could be higher. Its Zero account is cheaper, with an effective spread of about 0.7 pips after commission, but that is also not an average. HFM is rated 4 stars for commissions and fees and is ranked #29 out of 36 brokers by ForexBrokers.com in this category.
Fusion Markets takes a lower-cost approach, especially on its Zero account, which uses raw spreads plus a separate commission. Fusion says this account is its most popular and estimates total trading costs at around 0.5 pips, making it a strong pick for active traders who want tight pricing. Its Classic account is simpler, with the commission built into the spread, starting from 0.9 pips, which may suit newer or casual traders who prefer easy-to-understand pricing. Fusion Markets is rated 5.0 stars for commissions and fees, and its ForexBrokers.com ranking for this category was not available (#N/A).
| Feature |
HFM
|
Fusion Markets
|
|---|---|---|
| Minimum Deposit | $0 | $0.00 |
| Average spread (EUR/USD) - Spread-only account | 1.8 | 0.91 |
| All-in Cost EUR/USD - Raw spread account | 1.1 | 0.54 |
| Non-wire bank transfer (Deposit/Withdraw) | No | Yes |
| PayPal (Deposit/Withdraw) | No | Yes |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
HFM and Fusion Markets both give traders access to forex CFDs, copy trading, and cryptocurrency CFDs, but neither broker offers direct share trading on U.S. or international exchanges, and neither lets clients buy actual cryptocurrency. Where they differ is in overall market access: HFM offers 344 tradeable symbols, compared with 250 at Fusion Markets. HFM also lists 38 forex pairs, while Fusion Markets provides a wider choice with 81 pairs.
For range of investments, HFM has the edge in the broader product lineup and is rated 4 stars in this category, ranking #29 out of 36 brokers by ForexBrokers.com. Fusion Markets earns 3.5 stars and does not have a listed ranking for this category. In simple terms, Fusion Markets offers more forex pairs, while HFM provides a larger total selection of instruments overall.
| Feature |
HFM
|
Fusion Markets
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | |
| Tradeable Symbols (Total) | 344 | 250 |
| Forex Pairs (Total) | 38 | 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.
HFM and Fusion Markets both give traders a wide choice of platforms and tools, starting with free demo accounts for practice, plus Windows desktop, web-based, MT4, and MT5 trading. Each broker also supports copy trading and lets you place trades directly from a chart, which can make trading faster and more convenient. In short, both are well set up for traders who want flexible ways to access the markets.
The main difference is that HFM also offers its own in-house platform, while Fusion Markets does not. Both brokers earn 4 out of 5 stars for Trading Platforms and Tools, but HFM has a published ForexBrokers.com ranking of #34 out of 36 in this category, while Fusion Markets is not ranked. Overall, the two are closely matched, but HFM stands out for having a proprietary platform option.
| Feature |
HFM
|
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) | 38 | 31 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
HFM and Fusion Markets both offer mobile trading apps for iPhone and Android, so either broker gives traders access on the go. Both apps also let users draw trendlines and automatically save those drawings, which helps with chart tracking and planning trades. In addition, HFM offers stock and forex price alerts in its mobile app, while Fusion Markets does not. Neither broker offers watchlist symbol syncing between the mobile app and the online account.
When it comes to charting tools, Fusion Markets has a clear edge, with 32 technical studies in its mobile app compared with just 5 at HFM. Even so, HFM earns a stronger mobile app rating, scoring 4 out of 5 stars versus 3.5 for Fusion Markets. On ForexBrokers.com, HFM is ranked #33 out of 36 brokers for Mobile Trading Apps, while Fusion Markets does not have an available ranking in this category.
| Feature |
HFM
|
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 | 5 | 32 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
HFM offers a stronger market research package than Fusion Markets, especially for traders who want more in-depth daily insights. HFM provides daily market commentary, tools from Autochartist, a sentiment tool showing long and short positioning, and research from Acuity Trading, along with forex news from top sources like Bloomberg, Reuters, and Dow Jones. It also includes an economic calendar to help traders track key global events. By comparison, Fusion Markets offers forex news from top-tier sources and an economic calendar, but it does not provide daily market commentary, Autochartist tools, sentiment data, or Acuity Trading research.
Both brokers are rated 4 stars for Research, but HFM has the edge in overall research features and is ranked #18 out of 36 brokers in the ForexBrokers.com Research category. Fusion Markets is not ranked in that category. For traders who want more built-in market analysis and idea generation, HFM is the more complete choice, while Fusion Markets covers the basics well.
| Feature |
HFM
|
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 | Yes | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
For beginners looking for trading education, HFM and Fusion Markets both offer plenty of video content to help new traders get started. Each broker provides at least 10 beginner videos, and both also have at least 10 advanced videos for traders who want to build on the basics. In terms of overall education quality, both are rated 4 out of 5 stars, so they are fairly even in this area.
HFM has a clear edge for learning support because it also offers forex and CFD education with at least 10 dedicated educational pieces, plus online client webinars at least once a month. Fusion Markets does not offer monthly educational webinars, and its forex and CFD education offering is less clearly defined in this comparison. If live learning matters to you, HFM is the stronger choice; if you mainly want video lessons, both brokers are similar for beginners.
| Feature |
HFM
|
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 HFM is better than Fusion Markets. HFM finished with an overall rank of #27, while Fusion Markets finished with an overall rank of #N/A.
HFM (HF Markets) is a global broker best known for its MetaTrader offering, solid research tools, and proprietary copy trading platform, alongside a broad selection of forex pairs and CFDs.
| Feature |
HFM
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Fusion Markets
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| Trust Score | 85 | 71 |
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When comparing HFM vs Fusion Markets for cryptocurrency trading, neither broker offers delivered crypto purchases, but both do provide cryptocurrency CFDs, making them similar options for traders looking to speculate on crypto price movements rather than own the underlying coins.
When comparing HFM vs Fusion Markets for deposit and withdrawal methods, Fusion Markets offers more flexibility with ACH or SEPA transfers and PayPal, while both brokers support Skrill and bank wires, and neither clearly lists Visa or Mastercard availability here.
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 | HFM | Fusion Markets | |
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| Trust Score | 85 | 71 | |
| Winner | check_circle | ||
| Review | HFM Review | Fusion Markets Review |
| Broker Screenshots | HFM | Fusion Markets | |
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| Regulation | HFM | Fusion Markets | |
|---|---|---|---|
| Trust Score | 85 | 71 | |
| Year Founded | 2010 | 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 | 3 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 2 | 2 |
| Tier-1 Licenses (Highly Trusted) | HFM | Fusion Markets | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | 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) | 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) | HFM | Fusion Markets | |
|---|---|---|---|
| Kenya (CMA Authorised) | Yes | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA, FSRA, or CMA Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No |
| Investments | HFM | Fusion Markets | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | ||
| Tradeable Symbols (Total) | 344 | 250 | |
| Forex Pairs (Total) | 38 | 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 | HFM | Fusion Markets | |
|---|---|---|---|
| Average spread (EUR/USD) - Spread-only account | 1.8 | 0.91 | |
| All-in Cost EUR/USD - Raw spread account | 1.1 | 0.54 | |
| Inactivity Fee | Yes | No | |
| Order execution: Agency | No | ||
| Order execution: Market Maker | Yes |
| Funding | HFM | Fusion Markets | |
|---|---|---|---|
| Minimum Deposit | $0 | $0.00 | |
| PayPal (Deposit/Withdraw) | No | Yes | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer (Deposit/Withdraw) | No | Yes |
| Trading Platforms | HFM | 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 | No | Yes |
| Trading Tools | HFM | Fusion Markets | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 38 | 31 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | HFM | 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 | 5 | 32 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | Yes | |
| Mobile Research - Economic Calendar | Yes | No |
| Research | HFM | 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 | HFM | Fusion Markets | |
|---|---|---|---|
| Webinars | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | Yes |
| Major Forex Pairs | HFM | 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 | HFM Review | Fusion Markets Review |
| Overall | HFM | Fusion Markets | |
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| Trust Score | 85 | 71 | |
| Winner | check_circle | ||
| Review | HFM Review | Fusion Markets Review |
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