City Index Vs. Fusion Markets - Compare Trustworthiness, Capabilities, Fees and Legitimacy

City Index is a global broker founded in 1983 that holds 4 financial licenses and offers advanced trading platforms, mobile apps, diverse market research tools and an extensive range of markets.

Fusion Markets is an Australian broker founded in 2010 that specialises in low-cost currency trading via MT4 and MT5 platforms and holds 2 financial licenses from ASIC and VFSC.

• Intermediate and experienced traders looking for a great asset variety on CFDs
• Experienced traders looking to trade options over 17 asset classes
• Share and ETF traders looking for a comprehensive offering

• New traders looking to get started in currency trading
• Intermediate and professional traders looking for low spreads with a custom account offering

• FCA (UK)
• ASIC (Australia)
• MAS (Singapore)
• ADGM (United Arab Emirates)

• ASIC (Australia)
• VFSC (Vanuatu)

• All assets are CFDs, there is no possibility to buy real stocks or ETFs
• Cryptocurrency offering is below most of its competitors (only 5)
• While easy to execute a trade, platform is difficult for a novice to navigate

• Extremely competitive account offering with either 0 spreads and a commission of AUD $4.5 or low spreads with no commissions
• Tight spreads on most of their instruments

• All assets are CFDs, there is no possibility to buy real stocks or ETFs
• Cryptocurrency offering is below most of its competitors (only 5)
• While easy to execute a trade, platform is difficult for a novice to navigate

• Asset offering is poor (over 100+ instruments)
• Platform variety is not great (only MT4 or MT5 offered)

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• Valid identity document (Passport, ID Card, etc)
• Valid proof of residence document (Bank statement, utility bills)

All documents must be under the account holder's name.

• Valid identity document (Passport, ID Card, etc)
• Valid proof of residence document (Bank statement, utility bills)

All documents must be under the account holder's name.

• Visa
• Mastercard
• Maestro
• Electron
• PayPal
• Bank Transfer

• Visa
• Mastercard
• Bank Transfer
• Neteller
• PerfectMoney
• Jeton

US, CA, SY, IR.

US, CA, IR, SY, NZ.

12£ monthly after 1 year of inactivity.

No for most payment methods except international bank transfers which have a cost of 20 AUD.

• Spread betting markets have no commission
• CFDs or FX trading has no commission as well (except equities: shares & ETFs)
• Equity commissions depend on the market’s location (eg: UK and Europe have a 0.08% of transaction value fee, US equities and Asian ones have different percentages as well)
• The minimum equity commission rates are $10, £10 or 10€.

• No commissions on classic accounts.
• AUD $4.5 per lot round turn for ZERO accounts with spreads starting from 0.