Written by ForexBrokers.com
In this head to head comparison of Spreadex 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.
Spreadex and Fusion Markets are both privately held online brokers, not banks, and each holds one Tier-1 license, which ForexBrokers.com treats as highly trusted. Neither broker has Tier-2 licenses, but their Trust Score ratings are close: Spreadex scores 70 out of 99, while Fusion Markets scores 71. Based on the ForexBrokers.com scale, both fall in the average risk range, with Fusion Markets edging ahead by a small margin.
In terms of history, Spreadex was founded in 1999, giving it a much longer track record than Fusion Markets, which launched in 2019. For traders comparing regulation and company background, both brokers are not publicly traded and are not banks, so the key difference is mainly their age and slightly higher Trust Score for Fusion Markets.
| Feature |
Spreadex
|
Fusion Markets
|
|---|---|---|
| Year Founded | 1999 | 2019 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 1 | 1 |
| Tier-2 Licenses | 0 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 0 | 2 |
When comparing commissions and fees, Fusion Markets comes out ahead of Spreadex for most cost-conscious traders. Spreadex’s EUR/USD spreads averaged 0.81 pips in January 2024, with a minimum spread of 0.6 pips available 60% of the time during the month. That earns Spreadex a 4-star rating and a #26 ranking out of 36 brokers for commissions and fees on ForexBrokers.com. Fusion Markets, by contrast, earns a 5.0-star rating, though a specific ForexBrokers.com ranking is not listed for this category.
Fusion Markets offers two pricing styles: the Zero account and the Classic account. The Zero account uses raw spreads starting at 0.0 pips plus a separate commission, which Fusion says is best for active traders who want the lowest overall trading cost. Fusion advertises a commission of $2.25 per side or $4.50 round turn for USD and AUD accounts, with similar currency-based pricing for other account types. Even after commission, Fusion estimates total trading costs at around 0.5 pips, making it a strong low-cost option.
The Classic account keeps pricing simpler by building the fee into the spread, with spreads starting at 0.9 pips. That may appeal more to newer or casual traders who prefer easy-to-understand costs. In short, Spreadex offers competitive spreads, but Fusion Markets is generally the cheaper choice overall, especially for traders who are comfortable with commission-based pricing.
| Feature |
Spreadex
|
Fusion Markets
|
|---|---|---|
| Minimum Deposit | $0 | $0.00 |
| Average spread (EUR/USD) - Spread-only account | 0.81 | 0.91 |
| All-in Cost EUR/USD - Raw spread account | N/A | 0.54 |
| Non-wire bank transfer (Deposit/Withdraw) | No | Yes |
| PayPal (Deposit/Withdraw) | No | Yes |
| Skrill (Deposit/Withdraw) | No | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When it comes to the range of investments, Spreadex offers a wider overall selection than Fusion Markets. Spreadex lists 10,000 tradeable symbols compared with 250 at Fusion Markets, and it also offers forex trading as a CFD or spot contract with 52 forex pairs. Fusion Markets, however, has more forex pairs available at 81, which may appeal to traders who want a broader choice in the currency market.
Neither broker offers exchange-traded shares on U.S. or international exchanges, and neither lets clients buy actual cryptocurrency. Both do offer cryptocurrency CFDs, but only Fusion Markets supports copy trading. Based on ForexBrokers.com, Spreadex earns 5 stars for Range of Investments and ranks #13 out of 36 brokers, while Fusion Markets is rated 3.5 stars, reflecting a more limited overall market selection.
| Feature |
Spreadex
|
Fusion Markets
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | |
| Tradeable Symbols (Total) | 10000 | 250 |
| Forex Pairs (Total) | 52 | 81 |
| U.S. Stocks (Shares) | No | No |
| Global Stocks (Non-U.S. Shares) | No | 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.
Spreadex and Fusion Markets both give traders a free demo account, a web-based platform, and the ability to trade directly from charts, making either option useful for users who want to test strategies or manage trades in a browser. Spreadex stands out for its own in-house platform, which may appeal to traders who prefer a simpler, broker-built experience.
Fusion Markets offers a wider range of platform choices for active traders, including a Windows desktop platform, MetaTrader 4, MetaTrader 5, and copy trading. In comparison, Spreadex does not support these options. Both brokers earn a 4-star rating for Trading Platforms and Tools, although ForexBrokers.com places Spreadex at #35 out of 36 brokers in this category, while Fusion Markets does not have a listed ranking here.
| Feature |
Spreadex
|
Fusion Markets
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | No |
| Desktop Platform (Windows) | No | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | No | Yes |
| MetaTrader 4 (MT4) | No | Yes |
| MetaTrader 5 (MT5) | No | Yes |
| Charting - Indicators / Studies (Total) | 58 | 31 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Spreadex and Fusion Markets both offer mobile trading apps for iPhone and Android, so traders can check markets and place trades on either device. Both apps also let users draw trendlines on charts, which is useful for basic chart analysis. However, Spreadex has an edge in a few key areas for mobile trading: it offers stock and forex price alerts, while Fusion Markets does not, and Spreadex is rated 4 out of 5 stars for Mobile Trading Apps compared with Fusion Markets at 3.5 stars.
When it comes to charting and app features, Fusion Markets has more technical studies available in its mobile app, with 32 indicators, while Spreadex does not list a count. Fusion Markets also auto-saves chart drawings, which can make it easier to return to your work later, but Spreadex does not. Neither broker offers watchlist symbol syncing between the mobile app and online account, so watchlist changes do not carry over automatically. Overall, Spreadex ranks #34 out of 36 brokers for Mobile Trading Apps on ForexBrokers.com, while Fusion Markets does not have a listed ranking in this category.
| Feature |
Spreadex
|
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 | N/A | 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, Spreadex has the edge over Fusion Markets for traders who want more built-in analysis. Spreadex offers daily market commentary, Autochartist tools, and a sentiment feature that shows how many traders are positioned long or short on different instruments. It also provides forex news from top names like Bloomberg, Reuters, and Dow Jones, plus an economic calendar covering key global events. Fusion Markets also includes forex news from major sources and an economic calendar, but it does not offer daily commentary, Autochartist, or a sentiment tool.
Both brokers receive a 4-star research rating, but Spreadex is ranked #28 out of 36 brokers for research by ForexBrokers.com, while Fusion Markets does not have a listed ranking in this category. Overall, Spreadex gives traders a wider set of research tools and more market insight, making it the stronger choice for those who rely on in-platform research before placing trades.
| Feature |
Spreadex
|
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 it comes to learning support for beginners, both Spreadex and Fusion Markets give new traders a helpful starting point. Each broker offers at least 10 beginner-focused educational videos, and each provides enough forex or CFD education to meet the basic standard of 10 or more learning pieces on those topics. Neither broker offers monthly educational webinars, so users looking for live, regular teaching sessions may need to look elsewhere.
The main difference shows up at the more advanced level. Spreadex does not offer at least 10 advanced educational videos, while Fusion Markets does, making Fusion Markets the stronger option for traders who want to keep learning after the basics. Both brokers are rated 4 stars for Education, but Spreadex is ranked #34 out of 36 by ForexBrokers.com in this category, which suggests room for improvement. Overall, Spreadex and Fusion Markets are fairly even for beginners, but Fusion Markets has the edge for more experienced learners.
| Feature |
Spreadex
|
Fusion Markets
|
|---|---|---|
| Webinars | No | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | No | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that Spreadex is better than Fusion Markets. Spreadex finished with an overall rank of #33, while Fusion Markets finished with an overall rank of #N/A.
Spreadex is a U.K.-based broker best known for its multi-asset offering, including forex, CFDs, spread betting, and options, alongside access to the TradingView platform and solid research content.
| Feature |
Spreadex
|
Fusion Markets
|
|---|---|---|
| Overall Rating |
|
|
| Trust Score | 70 | 71 |
| Range of Investments |
|
|
| Trading Fees |
|
|
| Trading Platforms |
|
|
| Research |
|
|
| Mobile Trading |
|
|
| Education |
|
|
When comparing Spreadex vs Fusion Markets for cryptocurrency trading, neither broker offers the ability to buy actual delivered cryptocurrency, but both do provide cryptocurrency CFDs, allowing traders to speculate on crypto price movements without owning the underlying asset.
When comparing Spreadex vs Fusion Markets, Fusion Markets offers a wider range of funding options including ACH or SEPA transfers, PayPal, and Skrill, while both brokers support bank wires and neither provides clear information on Visa or Mastercard deposits or withdrawals.
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 | Spreadex | Fusion Markets | |
|---|---|---|---|
| Overall Rating |
|
| |
| Trading Fees |
|
| |
| Range of Investments |
|
| |
| Trading Platforms |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 70 | 71 | |
| Winner | check_circle | ||
| Review | Spreadex Review | Fusion Markets Review |
| Broker Screenshots | Spreadex | Fusion Markets | |
|---|---|---|---|
| Broker Gallery (click to expand) |
|
| Regulation | Spreadex | Fusion Markets | |
|---|---|---|---|
| Trust Score | 70 | 71 | |
| Year Founded | 1999 | 2019 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | No | |
| Tier-1 Licenses | 1 | 1 | |
| Tier-2 Licenses | 0 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 0 | 2 |
| Tier-1 Licenses (Highly Trusted) | Spreadex | 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). | No | No |
| Tier-2 Licenses (Trusted) | Spreadex | Fusion Markets | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | ||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA, FSRA, or CMA Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No |
| Investments | Spreadex | Fusion Markets | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | ||
| Tradeable Symbols (Total) | 10000 | 250 | |
| Forex Pairs (Total) | 52 | 81 | |
| U.S. Stocks (Shares) | No | No | |
| Global Stocks (Non-U.S. Shares) | No | 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 | Spreadex | Fusion Markets | |
|---|---|---|---|
| Average spread (EUR/USD) - Spread-only account | 0.81 | 0.91 | |
| All-in Cost EUR/USD - Raw spread account | N/A | 0.54 | |
| Inactivity Fee | No | No | |
| Order execution: Agency | No | ||
| Order execution: Market Maker | Yes |
| Funding | Spreadex | Fusion Markets | |
|---|---|---|---|
| Minimum Deposit | $0 | $0.00 | |
| PayPal (Deposit/Withdraw) | No | Yes | |
| Skrill (Deposit/Withdraw) | No | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer (Deposit/Withdraw) | No | Yes |
| Trading Platforms | Spreadex | Fusion Markets | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | No | |
| Desktop Platform (Windows) | No | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | No | Yes | |
| MetaTrader 4 (MT4) | No | Yes | |
| MetaTrader 5 (MT5) | No | Yes | |
| cTrader | No | Yes |
| Trading Tools | Spreadex | Fusion Markets | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 58 | 31 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Spreadex | 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 | N/A | 32 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | No | Yes | |
| Mobile Research - Economic Calendar | Yes | No |
| Research | Spreadex | 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 | Spreadex | Fusion Markets | |
|---|---|---|---|
| Webinars | No | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | No | Yes |
| Major Forex Pairs | Spreadex | 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 | Spreadex Review | Fusion Markets Review |
| Overall | Spreadex | Fusion Markets | |
|---|---|---|---|
| Overall Rating |
|
| |
| Trading Fees |
|
| |
| Range of Investments |
|
| |
| Trading Platforms |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 70 | 71 | |
| Winner | check_circle | ||
| Review | Spreadex Review | Fusion Markets Review |
IG
FOREX.com
CMC Markets
XTB
eToro
Capital.com
AvaTrade
Pepperstone
FP Markets
Tickmill