Fusion Markets
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Vs.

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

Updated May 13 2022

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Your capital is at risk.

Visit

Investing involves risk of loss.

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.

DEGIRO is a European leading stock broker providing access to more than 50 stock exchanges around the world with low commissions per trade and a simple to use platform.

Best For
  • New traders looking to get started in currency trading
  • Intermediate and professional traders looking for low spreads with a custom account offering
  • Investors from all experience levels looking to buy real shares, funds or ETFs for the long term
  • Active traders that look to access the large variety of exchanges offered
Licenses

Financial
Licenses

Regulation

Regulated

Top-tier Licenses

1

Other Licenses

1

Provided by
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Financial
Licenses

Regulation

Regulated

Top-tier Licenses

2

Other Licenses

0

Provided by
TheTradingBible.com

Learn More
🏛 Financial Regulators
  • ASIC (Australia)
  • VFSC (Vanuatu)
  • BaFin (Germany)
  • AFM (Netherlands)
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
  • No conflicts of interest between DEGIRO and its customers
  • Virtually unlimited asset offering from 50 exchanges across the globe
  • Low fees when compared to traditional banking alternatives
The Bad
  • Asset offering is poor (over 100+ instruments)
  • Platform variety is not great (only MT4 or MT5 offered)
  • Credit card deposits are not available
  • Simplistic platforms with not many features
  • Fees are expensive when compared to commission free brokers
Status
Operational Operational
Recent News
N/A N/A
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 2008
💳 Minimum Deposit
0 0
💰 Payment Methods
  • Visa
  • Mastercard
  • Bank Transfer
  • Neteller
  • PerfectMoney
  • Jeton
  • Bank Transfer
  • Paypal
💵 Account Base Currencies
7 - AUD, EUR, USD, GBP, JPY, SGD, THB. 3 - USD, GBP, EUR.
🗽 Available to U.S Citizens
No No
❌ Restricted Countries

US, CA, IR, SY, NZ.

DEGIRO only provides services to citizens of Czech Republic, Spain, Ireland, Norway, Poland, Sweden, Denmark, Greece, Italy, Portugal, Switzerland, Germany, France, Netherlands, Finland and the United Kingdom. The rest of the countries worldwide are not able to use DEGIRO's services.

📊 STP Account
No No
📊 DMA Account
No Yes
📊 ECN Account
Yes No
Assets
📚 Available Assets

CFDs on currencies, commodities, indices and stocks.

Real stocks, ETFs, bonds and options.

📙 Stocks
50 Availability from 30 global exchanges.
📘 Currency Pairs
90+ N/A
📗 Commodities
17 N/A
📕 Indices
10 N/A
📔 ETFs
N/A Availability from 20 Exchanges (Europe, Asia, Oceania)
💸 Cryptocurrencies
8 N/A
📒 Bonds
N/A Availability from 7 European exchanges.
📓 Options
N/A Availability from 11 Global Exchanges.
📗 Futures
N/A Availability from 13 Global Exchanges.
📝 Notes:

All of Fusion Market’s assets are CFDs.

DEGIRO is a traditional DMA broker, which means you buy or sell real shares upon availability from stock exchanges across the globe. Their asset offering is virtually unlimited as it depends on exchange's availability.

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) N/A
📉 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 N/A
🎲 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 and varies per asset and exchange, eg: If you were to purchase £2,000 worth of Apple shares at a price of $300 your total commission would have been £0.44.

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 N/A
Research and Analysis
⭐ Watchlists
Yes Yes
🔭 Stock Screener
No No
🗓 Economic Calendar
Yes Yes
📜 Integrated Newsfeed
No Yes
📡 Reuters Feed
No No

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