FP Markets
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74.34% of retail CFD accounts lose money.

Vs.

Fusion Markets
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Your capital is at risk.

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

Updated Apr 29 2024

Visit

74.34% of retail CFD accounts lose money.

Visit

Your capital is at risk.

Overview

FP Markets is a leading Australian broker with a 10,000+ asset offering accompanied by a great variety of tech options such as deploying your own VPS and accessing ENC / DMA pricing.

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.

Best For
  • Professional traders looking for DMA pricing on their stocks
  • Professional traders looking to set up a dedicated VPS
  • High volume share traders that benefit from DMA pricing
  • New traders looking to get started in currency trading
  • Intermediate and professional traders looking for low spreads with a custom account offering
Licenses

Financial
Licenses

Regulation

Regulated

Top-tier Licenses

1

Other Licenses

2

Provided by
TheTradingBible.com

Learn More

Financial
Licenses

Regulation

Regulated

Top-tier Licenses

1

Other Licenses

1

Provided by
TheTradingBible.com

Learn More
🏛 Financial Regulators
  • ASIC (Australia)
  • CySec (Cyprus)
  • FSA (St. Vincent and the Grenadines)
  • ASIC (Australia)
  • VFSC (Vanuatu)
The Good
  • Competitive spreads From 0 pips
  • MT4 and MT5 offered
  • Over 10,000 + shares
  • 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
The Bad
  • No ETFs are offered
  • Stock trading commissions are expensive when compared to similar brokers
  • Website is slow and confusing
  • Fees for the majority of deposit and withdrawal methods
  • Asset offering is poor (over 100+ instruments)
  • Platform variety is not great (only MT4 or MT5 offered)
Status
Operational Operational
Recent News

No fresh news at the moment. Check again soon!

No fresh news at the moment. Check again soon!

Key Data
⌛ Account Opening Time
1 day 1 day
📋 Documents Required
  • 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.

📍 Year Founded
2005 2010
💳 Minimum Deposit Range
$100 0
💰 Payment Methods
  • Visa
  • Mastercard
  • Bank Transfer
  • Paypal
  • Neteller
  • Skrill
  • FasaPay
  • PayTrust
  • China Union Pay
  • Bpay
  • Broker to broker
  • Sticpay
  • Plusdebit
  • Rupee Payments
  • Dragonpay
  • Perfect Money
  • Paylivre
  • Rapyd
  • Finrax
  • Fairpay
  • Visa
  • Mastercard
  • Bank Transfer
  • Neteller
  • PerfectMoney
  • Jeton
💵 Account Base Currencies
10 - USD, GBP, EUR, AUD, CHF, JPY, HKD, CAD, SGD, NZD. 7 - AUD, EUR, USD, GBP, JPY, SGD, THB.
🗽 Available to U.S Citizens
No No
❌ Restricted Countries

US, JP, BE, NZ, SY.

US, CA, IR, SY, NZ.

📊 STP Account
Yes No
📊 DMA Account
Yes No
📊 ECN Account
Yes Yes
Banking License
No No
Debit Card
No No
Assets
📚 Assets Type
CFDs CFDs
Total Asset Offering
10,403 175
Exchange Access
0 0
📙 Real Stocks
0 0
📙 Stock CFDs
10,000 50
📘 Currency Pairs
0 0
📘 Currency Pair CFDs
63 90
📗 Commodities
0 0
📗 Commodities CFDs
15 17
📕 Indices
0 0
📕 Indices CFDs
17 10
📔 ETFs
0 0
📔 ETFs CFDs
295 0
💸 Cryptocurrencies
0 0
💸 Cryptocurrency CFDs
11 8
📒 Bonds
0 0
📒 Bonds CFDs
2 0
📓 Options
0 0
📓 Options CFDs
0 0
📗 Futures
0 0
📗 Futures CFDs
0 0
Trading Experience
📈 Minimum Stock Trade Size
Variable $1,000 (0.01 Lots)
📉 Minimum ETFs Trade Size
Unavailable Unavailable
📈 Minimum Crypto Trade Size
Unavailable $1,000 (0.01 Lots)
📉 Minimum FX Trade Size
$1,000 - (0.01 Lots) $1,000 (0.01 Lots)
📈 Minimum Commodities Trade Size
Varies by Commodity (Eg: 0.01 Troy ounces of Gold) $1,000 (0.01 Lots)
📉 Minimum Bonds Trade Size
Unavailable Unavailable
📈 Minimum Futures Trade Size
Unavailable Unavailable
📉 Minimum Options Trade Size
Unavailable Unavailable
💪 Retail Leverage
30 30
💪 Professional Leverage
500 500
✍ Customisable Leverage
Yes Yes
🎲 Deleveraged Trading
Yes No
🎓 Demo Account
Yes Yes
📱 IOS App
Yes No
📱 Android App
Yes No
📺 MetaTrader 4
Yes Yes
📺 MetaTrader 5
Yes Yes
📺 cTrader
No No
💻 Web trader
Yes Yes
💻 TradingView Platform
No No
💻 Proprietary Platform
Yes No
📊 Multi-chart Tools
Yes Yes
👬 Copy Trading
Yes Yes
👫 Social Trading
Yes No
🔑 Guaranteed Stop-loss
No No
🔨 Trailing Stop-loss
Yes Yes
Fees
💰 Inactivity Fee
None None
💰 Deposit Fees
None None
💰 Withdrawal Fees

Yes, $5 for card withdrawals and $20 for international bank transfer withdrawals.

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

💰 Commissions
  • No commission on their Standard Account
  • $3 per side (lot) commission on their RAW Account
  • No commissions on classic accounts.
  • AUD $4.5 per lot round turn for ZERO accounts with spreads starting from 0.
Spreads
📈 EUR/USD
Dynamic - From 0 to 1.2 Pips Dynamic - From 0 to 0.8 Pips
📉 SP500
Dynamic - From 40 to 60 Pips Dynamic - From 30 Pips
📈 GOLD
Dynamic - From 0 to 31 Pips Dynamic - From 9 Pips
📉 TSLA (Stock CFD)
Dynamic - Market Spread Dynamic - From $0.01
📈 XLK (ETF - CFD)
Unavailable Unavailable
📉 BTC
Dynamic - From $9 to $21 Dynamic - From $31
Research and Analysis
⭐ Watchlists
Yes Yes
🔭 Stock Screener
No No
🗓 Economic Calendar
Yes Yes
📜 Integrated Newsfeed
No No
📡 Reuters Feed
No No
📡 Educational Content
Yes No
📡 Live Chat Support
Yes Yes
📡 Video Tutorials
Yes No
📡 Account Management
Yes Yes
📡 Webinars
Yes No