Written by ForexBrokers.com
In this head to head comparison of XM Group 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.
XM Group, founded in 2009, and Fusion Markets, founded in 2019, are both private brokers and neither is listed on a stock exchange or operates as a bank. In terms of trust, XM Group stands out with a ForexBrokers.com Trust Score of 93 out of 99, which places it in the highly trusted range. Fusion Markets has a Trust Score of 71, which falls into the average risk category.
Regulation is another key difference between the two. XM Group holds 4 Tier-1 licenses and 3 Tier-2 licenses, giving it a wider regulatory footprint and stronger oversight overall. Fusion Markets holds 1 Tier-1 license and no Tier-2 licenses, so while it is regulated, it has fewer top-tier approvals than XM Group.
| Feature |
XM Group
|
Fusion Markets
|
|---|---|---|
| Year Founded | 2009 | 2019 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 4 | 1 |
| Tier-2 Licenses | 3 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 2 |
XM Group scores 3.5 out of 5 stars and ranks #35 out of 36 for commissions and fees. Its standard account spreads are considered expensive, and XM does not publish average spreads for the commission-based XM Zero account, which makes it harder for traders to compare true trading costs up front. For cost-conscious traders, that lack of clear pricing detail can be a drawback.
Fusion Markets performs much better in this category, earning 5.0 out of 5 stars. It offers two account types: Zero, which uses raw spreads plus a separate commission, and Classic, which folds the fee into a wider spread. The Zero account is aimed at active traders and can work out to around 0.5 pips overall, while the Classic account is simpler but usually costs more because spreads start at 0.9 pips.
In a direct comparison, Fusion Markets is the lower-cost choice for most traders, especially those who want tight pricing and do not mind paying commission separately. XM Group is easier to understand at a glance on its standard account, but its spreads are pricier and its commission-based pricing is less transparent. Fusion Markets is ranked N/A out of 36 by ForexBrokers.com in this category.
| Feature |
XM Group
|
Fusion Markets
|
|---|---|---|
| Minimum Deposit | $5 | $0.00 |
| Average spread (EUR/USD) - Spread-only account | 1.1 | 0.91 |
| All-in Cost EUR/USD - Raw spread account | 0.7+ | 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.
XM Group offers a wider range of investments than Fusion Markets, with 1,583 tradeable symbols compared with 250. It also provides 54 forex pairs, while Fusion Markets lists 81 forex pairs, giving Fusion Markets the edge for currency variety. Both brokers support forex trading, copy trading, and cryptocurrency CFDs, but neither lets clients buy actual cryptocurrency.
XM Group stands out for investors who want access to real shares, since it offers exchange traded securities on both U.S. and international exchanges. Fusion Markets does not offer these share investments. Based on range of investments, XM Group is rated 4.5 out of 5 stars and ranks #19 out of 36 brokers on ForexBrokers.com, while Fusion Markets is rated 3.5 out of 5 stars and does not have a published ranking in this category.
| Feature |
XM Group
|
Fusion Markets
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | |
| Tradeable Symbols (Total) | 1583 | 250 |
| Forex Pairs (Total) | 54 | 81 |
| U.S. Stocks (Shares) | Yes | No |
| Global Stocks (Non-U.S. Shares) | Yes | 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.
XM Group and Fusion Markets are closely matched when it comes to trading platforms and tools. Both brokers offer free demo accounts for paper trading, plus the popular MetaTrader 4 and MetaTrader 5 platforms. Each one also supports Windows desktop downloads, web-based trading, copy trading, and the ability to place trades directly from charts. Neither broker has its own in-house platform, so traders who want a custom-built app will not find that here.
For platform quality, both brokers are rated 4 out of 5 stars for Trading Platforms and Tools. XM Group is ranked #28 out of 36 brokers by ForexBrokers.com in this category, while Fusion Markets does not have a listed rank. Since both provide the same core platform choices and trading tools, the better fit may come down to which interface or trading environment feels easier to use.
| Feature |
XM Group
|
Fusion Markets
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | No | 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) | 100 | 31 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
XM Group and Fusion Markets both offer mobile trading apps for iPhone and Android, so either broker gives traders a way to access markets on the go. XM Group has a few clear advantages in this category, though. Its app includes stock and forex price alerts, watchlist syncing with the online account, and a much larger set of charting tools with 100 technical studies. Fusion Markets also supports trendline drawing, but it does not offer price alerts or watchlist syncing, and its app includes 32 technical studies.
When it comes to the overall mobile experience, XM Group is rated 4 out of 5 stars and ranks #26 out of 36 brokers in the Mobile Trading Apps category at ForexBrokers.com. Fusion Markets is rated 3.5 stars and does not have a listed ranking for this category. One small edge for Fusion Markets is that its app auto-saves chart drawings, while XM Group does not. Still, for most mobile traders, XM Group offers the stronger all-around app.
| Feature |
XM Group
|
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 | 100 | 32 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | No | Yes |
Dive deeper: Best Forex Trading Apps.
XM Group has a clear edge over Fusion Markets when it comes to market research. XM Group offers daily market commentary, Trading Central tools, a sentiment-based trading gauge, and an economic calendar, in addition to forex news from major sources like Bloomberg, Reuters, and Dow Jones. Fusion Markets also provides news from top-tier sources and an economic calendar, but it does not include daily commentary, Trading Central, or a sentiment tool. Neither broker offers Autochartist, TipRanks, or Acuity Trading research tools.
These extra research features help explain XM Group’s stronger ratings: it scores 5 out of 5 for Research and ranks #8 out of 36 brokers at ForexBrokers.com. Fusion Markets is rated 4.0 out of 5 for Research, but it does not have a listed ranking in this category. For traders who want more built-in market insight and analysis support, XM Group offers the more complete research package.
| Feature |
XM Group
|
Fusion Markets
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | No |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | 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 for learning support, XM Group comes out ahead of Fusion Markets. XM Group offers forex and CFD education with at least 10 dedicated learning pieces, plus monthly educational webinars, which can be especially helpful for new traders who want regular guidance. It also provides at least 10 beginner-friendly videos and 10 advanced videos, giving users a clear path to keep learning as their skills grow. XM Group’s strong educational offering is reflected in its 5-star Education rating and its #5 ranking out of 36 brokers by ForexBrokers.com.
Fusion Markets also gives beginners access to trading videos, including at least 10 beginner videos and 10 advanced videos, but it falls short in a few key areas compared with XM Group. It does not offer monthly educational webinars, and its Education score is lower at 4.0 stars, with no listed ForexBrokers.com ranking in this category. In simple terms, Fusion Markets still provides useful learning materials, but XM Group offers a broader and more active education experience for traders who want more support while starting out.
| Feature |
XM Group
|
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 XM Group is better than Fusion Markets. XM Group finished with an overall rank of #16, while Fusion Markets finished with an overall rank of #N/A.
XM Group is a multi-regulated forex and CFD broker offering 1,583 tradeable symbols across MetaTrader 4 and 5 and a new proprietary web and mobile platform. Its live trading rooms and integrated Trading Central research are among the best in the industry. Standard account spreads are expensive, though the Ultra Low and Zero accounts are competitive.
| Feature |
XM Group
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Fusion Markets
|
|---|---|---|
| Overall Rating |
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| Trust Score | 93 | 71 |
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XM Group and Fusion Markets both let traders buy cryptocurrency CFDs, but neither broker offers the ability to purchase actual, delivered cryptocurrency.
XM Group supports Skrill and bank wire transfers for deposits and withdrawals, while Fusion Markets offers those plus additional funding options like ACH, SEPA transfers, and PayPal, making Fusion Markets the more flexible choice for payment methods.
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 | XM Group | Fusion Markets | |
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| Trust Score | 93 | 71 | |
| Winner | check_circle | ||
| Review | XM Group Review | Fusion Markets Review |
| Broker Screenshots | XM Group | Fusion Markets | |
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| Regulation | XM Group | Fusion Markets | |
|---|---|---|---|
| Trust Score | 93 | 71 | |
| Year Founded | 2009 | 2019 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 4 | 1 | |
| Tier-2 Licenses | 3 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 2 |
| Tier-1 Licenses (Highly Trusted) | XM Group | 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) | XM Group | 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 | XM Group | Fusion Markets | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | ||
| Tradeable Symbols (Total) | 1583 | 250 | |
| Forex Pairs (Total) | 54 | 81 | |
| U.S. Stocks (Shares) | Yes | No | |
| Global Stocks (Non-U.S. Shares) | Yes | 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 | XM Group | Fusion Markets | |
|---|---|---|---|
| Average spread (EUR/USD) - Spread-only account | 1.1 | 0.91 | |
| All-in Cost EUR/USD - Raw spread account | 0.7+ | 0.54 | |
| Inactivity Fee | Yes | No | |
| Order execution: Agency | No | ||
| Order execution: Market Maker | Yes |
| Funding | XM Group | Fusion Markets | |
|---|---|---|---|
| Minimum Deposit | $5 | $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 | XM Group | Fusion Markets | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | No | 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 | XM Group | Fusion Markets | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 100 | 31 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | XM Group | 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 | 100 | 32 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | No | Yes | |
| Mobile Research - Economic Calendar | Yes | No |
| Research | XM Group | Fusion Markets | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | No | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | No | |
| Trading Central | Yes | No | |
| TipRanks | No | No | |
| Client sentiment data | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | XM Group | Fusion Markets | |
|---|---|---|---|
| Webinars | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | Yes |
| Major Forex Pairs | XM Group | 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 | XM Group Review | Fusion Markets Review |
| Overall | XM Group | Fusion Markets | |
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| Trust Score | 93 | 71 | |
| Winner | check_circle | ||
| Review | XM Group Review | Fusion Markets Review |
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