Fusion Markets
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Vs.

Coinbase
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Investing in cryptocurrencies involves risk.

Fusion Markets Vs. Coinbase - Compare and Choose the Right One

Updated May 13 2022

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Your capital is at risk.

Visit

Investing in cryptocurrencies involves risk.

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.

Coinbase is a cryptocurrency exchange and wallet founded in 2012 with the aim of simplifying cryptocurrency transactions for the average user. Through their mobile and web app they allow purchasing, storing, receiving and sending several real cryptocurrencies.

Best For
  • New traders looking to get started in currency trading
  • Intermediate and professional traders looking for low spreads with a custom account offering
  • Inexperienced cryptocurrency investors
  • Long term cryptocurrency holders
  • Investors meeting the above two conditions and also satisfied with the cryptocurrency offering they provide
  • Seasoned investors and traders looking to explore the Coinbase Pro option for better pricing.
Licenses

Financial
Licenses

Regulation

Regulated

Top-tier Licenses

1

Other Licenses

1

Provided by
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Financial
Licenses

Regulation

Unregulated

Top-tier Licenses

0

Other Licenses

0

Provided by
TheTradingBible.com

Learn More
🏛 Financial Regulators
  • ASIC (Australia)
  • VFSC (Vanuatu)
  • Registered as an electronic payments provider in countries where required to operate, yet they don’t require traditional brokerage regulation.
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
  • Extremely simple and friendly interfaces
  • Moderate variety of cryptocurrencies
  • Independent wallet application
  • Option to choose from standard Coinbase or Coinbase Pro
  • Coinbase debit card (for eligible countries) to spend and manage your cryptocurrencies
The Bad
  • Asset offering is poor (over 100+ instruments)
  • Platform variety is not great (only MT4 or MT5 offered)
  • Extremely high fees for cryptocurrency transactions (especially on standard app)
  • Low variety of cryptocurrencies to trade when compared to leading exchanges
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 2012
💳 Minimum Deposit
0 0
💰 Payment Methods
  • Visa
  • Mastercard
  • Bank Transfer
  • Neteller
  • PerfectMoney
  • Jeton
  • Visa
  • Mastercard
  • Bank Transfers
  • Paypal
💵 Account Base Currencies
7 - AUD, EUR, USD, GBP, JPY, SGD, THB. All available cryptocurrencies.
🗽 Available to U.S Citizens
No Yes
❌ Restricted Countries

US, CA, IR, SY, NZ.

None
📊 STP Account
No No
📊 DMA Account
No No
📊 ECN Account
Yes No
Assets
📚 Available Assets

CFDs on currencies, commodities, indices and stocks.

  • Coinbase provides only real cryptocurrencies.
📙 Stocks
50 N/A
📘 Currency Pairs
90+ N/A
📗 Commodities
17 N/A
📕 Indices
10 N/A
📔 ETFs
N/A N/A
💸 Cryptocurrencies
8 110+
📒 Bonds
N/A N/A
📓 Options
N/A N/A
📗 Futures
N/A N/A
📝 Notes:

All of Fusion Market’s assets are CFDs.

Coinbase is a traditional cryptocurrency wallet and exchange, meaning that all cryptocurrencies purchased are real ones and not financial derivatives.

Trading Experience
📈 Minimum Stock Trade Size
$1,000 (0.01 Lots) N/A
📉 Minimum ETFs Trade Size
$1,000 (0.01 Lots) N/A
📈 Minimum Crypto Trade Size
$1,000 (0.01 Lots) $2
📉 Minimum FX Trade Size
$1,000 (0.01 Lots) N/A
📈 Minimum Commodities Trade Size
$1,000 (0.01 Lots) N/A
📉 Minimum Bonds Trade Size
N/A N/A
📈 Minimum Futures Trade Size
N/A N/A
📉 Minimum Options Trade Size
N/A N/A
💪 Retail Leverage
Up to 1:30 N/A
💪 Professional Leverage
Up to 1:500 N/A
✍ Customisable Leverage
Yes No
🎲 Deleveraged Trading
No Yes
🎓 Demo Account
Yes No
📱 IOS App
No Yes
📱 Android App
No Yes
📺 MetaTrader 4
Yes No
📺 MetaTrader 5
Yes 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
No No
💰 Deposit Fees
No No
💰 Withdrawal Fees

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

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

Yes, from 0.50% up to 2.0% of transaction values on Coinbase Standard.

Spreads
📈 EUR/USD
From 0 to 0.8 Pips N/A
📉 SP500
Dynamic - From 30 Pips N/A
📈 GOLD
Dynamic - From 9 Pips N/A
📉 TSLA (Stock CFD)
Dynamic - From $0.01 N/A
📈 XLK (ETF - CFD)
N/A N/A
📉 BTC
Dynamic - From $31 Dynamic - From 0.50% up to 2.0%
Research and Analysis
⭐ Watchlists
Yes Yes
🔭 Stock Screener
No No
🗓 Economic Calendar
Yes No
📜 Integrated Newsfeed
No Yes
📡 Reuters Feed
No No

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