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


Visit Your capital is at risk.	Visit 77.88% of retail CFD accounts lose money.
Overview
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.	Alvexo is a Cypriot broker founded and regulated in 2014 that specialises in CFDs trading via MT4 and their proprietary trading platform. As of August 3rd 2022, Alvexo's CySec license is partially suspended making them unavailable in French territory.
Best For
New traders looking to get started in currency trading Intermediate and professional traders looking for low spreads with a custom account offering	At the moment, no user category is best served by Alvexo
Licenses
Financial Licenses Regulation Regulated Top-tier Licenses 1 Other Licenses 1 Provided by TheTradingBible.com Learn More	Financial Licenses Regulation Regulated Top-tier Licenses 0 Other Licenses 2 Provided by TheTradingBible.com Learn More
🏛 Financial Regulators
ASIC (Australia) VFSC (Vanuatu)	CySec (Cyprus) FSAS (Seychelles)
The Good
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	Very simple and easy to use proprietary platform along with MT4 Trading Singals offered (untested)
The Bad
Asset offering is poor (over 100+ instruments) Platform variety is not great (only MT4 or MT5 offered)	High minimum deposit without any benefits for the requirement Amongst the highest spreads we have seen for brokers in the same category Asset offering is low (below 500 instruments)
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
2010	2014
💳 Minimum Deposit Range
0	500
💰 Payment Methods
Visa Mastercard Bank Transfer Neteller PerfectMoney Jeton	Credit Card Debit Card Bank Transfer Neteller
💵 Account Base Currencies
7 - AUD, EUR, USD, GBP, JPY, SGD, THB.	3 - EUR, USD, GBP
🗽 Available to U.S Citizens
No	No
❌ Restricted Countries
US, CA, IR, SY, NZ.	US, CA, SY, IR.
📊 STP Account
No	No
📊 DMA Account
No	No
📊 ECN Account
Yes	No
Banking License
No	No
Debit Card
No	No
Assets
📚 Assets Type
CFDs	CFDs
Total Asset Offering
175	443
Exchange Access
0	0
📙 Real Stocks
0	0
📙 Stock CFDs
50	337
📘 Currency Pairs
0	0
📘 Currency Pair CFDs
90	54
📗 Commodities
0	0
📗 Commodities CFDs
17	13
📕 Indices
0	0
📕 Indices CFDs
10	15
📔 ETFs
0	0
📔 ETFs CFDs
0	0
💸 Cryptocurrencies
0	0
💸 Cryptocurrency CFDs
8	22
📒 Bonds
0	0
📒 Bonds CFDs
0	2
📓 Options
0	0
📓 Options CFDs
0	0
📗 Futures
0	0
📗 Futures CFDs
0	0
Trading Experience
📈 Minimum Stock Trade Size
$1,000 (0.01 Lots)	1 Share
📉 Minimum ETFs Trade Size
Unavailable	Unavailable
📈 Minimum Crypto Trade Size
$1,000 (0.01 Lots)	$1,000 (0.01 Lots)
📉 Minimum FX Trade Size
$1,000 (0.01 Lots)	$1,000 (0.01 Lots)
📈 Minimum Commodities Trade Size
$1,000 (0.01 Lots)	$1,000 (0.01 Lots)
📉 Minimum Bonds Trade Size
Unavailable	1 Bond
📈 Minimum Futures Trade Size
Unavailable	Unavailable
📉 Minimum Options Trade Size
Unavailable	Unavailable
💪 Retail Leverage
30	30
💪 Professional Leverage
500	300
✍ Customisable Leverage
Yes	No
🎲 Deleveraged Trading
No	No
🎓 Demo Account
Yes	Yes
📱 IOS App
No	Yes
📱 Android App
No	Yes
📺 MetaTrader 4
Yes	Yes
📺 MetaTrader 5
Yes	No
📺 cTrader
No	No
💻 Web trader
Yes	Yes
💻 TradingView Platform
No	No
💻 Proprietary Platform
No	Yes
📊 Multi-chart Tools
Yes	No
👬 Copy Trading
Yes	No
👫 Social Trading
No	No
🔑 Guaranteed Stop-loss
No	No
🔨 Trailing Stop-loss
Yes	No
Fees
💰 Inactivity Fee
None	$10 monthly after 3 months of inactivity.
💰 Deposit Fees
None	None
💰 Withdrawal Fees
No for most payment methods except international bank transfers which have a cost of 20 AUD.	None
💰 Commissions
No commissions on classic accounts. AUD $4.5 per lot round turn for ZERO accounts with spreads starting from 0.	None
Spreads
📈 EUR/USD
Dynamic - From 0 to 0.8 Pips	From 2.9 Pips to 14 Pips
📉 SP500
Dynamic - From 30 Pips	From 175 Pips to 100 Pips
📈 GOLD
Dynamic - From 9 Pips	From 90 to 50 Pips
📉 TSLA (Stock CFD)
Dynamic - From $0.01	From $1.91 to $1.41
📈 XLK (ETF - CFD)
Unavailable	Unavailable
📉 BTC
Dynamic - From $31	From $192.21
Research and Analysis
⭐ Watchlists
Yes	Yes
🔭 Stock Screener
No	No
🗓 Economic Calendar
Yes	Yes
📜 Integrated Newsfeed
No	Yes
📡 Reuters Feed
No	No
📡 Educational Content
No	Yes
📡 Live Chat Support
Yes	Yes
📡 Video Tutorials
No	Yes
📡 Account Management
Yes	Yes
📡 Webinars
No	Yes