Updated May 13 2022
Overview | |
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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. |
FXCM is a global brokerage headquartered in the U.K that specialises in both retail and institutional trading with a comprehensive API offering. TheTradingBible.com is acting in a capacity of a marketing affiliate of FXCM EU LTD. |
Best For | |
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Licenses | |
![]() Financial Regulation Regulated Top-tier Licenses 1 Other Licenses 1 Provided by |
![]() Financial Regulation Regulated Top-tier Licenses 2 Other Licenses 2 Provided by |
🏛 Financial Regulators | |
The Good | |
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The Bad | |
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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 | |
All documents must be under the account holder's name. |
All documents must be under the account holder's name. |
📍 Year Founded | |
2010 | 1999 (FXCM Group) |
💳 Minimum Deposit | |
0 | €, £, $ - 50 (Varies by payment method) |
💰 Payment Methods | |
💵 Account Base Currencies | |
7 - AUD, EUR, USD, GBP, JPY, SGD, THB. | 4 - EUR GBP, USD, CHF. |
🗽 Available to U.S Citizens | |
No | No |
❌ Restricted Countries | |
US, CA, IR, SY, NZ. |
RU, US, CA, JP, SK and more. |
📊 STP Account | |
No | No |
📊 DMA Account | |
No | No |
📊 ECN Account | |
Yes | No | Assets |
📚 Available Assets | |
📙 Stocks | |
50 | 200+ |
📘 Currency Pairs | |
90+ | 39 |
📗 Commodities | |
17 | 11 |
📕 Indices | |
10 | 15 |
📔 ETFs | |
N/A | N/A |
💸 Cryptocurrencies | |
8 | 6 (Cryptocurrencies CFDs are not available to retail clients residing in the UK) |
📒 Bonds | |
N/A | N/A |
📓 Options | |
N/A | N/A |
📗 Futures | |
N/A | N/A |
📝 Notes: | |
All of Fusion Market’s assets are CFDs. |
All of FXCM's assets are CFDs. | Trading Experience |
📈 Minimum Stock Trade Size | |
$1,000 (0.01 Lots) | 1 share |
📉 Minimum ETFs Trade Size | |
$1,000 (0.01 Lots) | N/A |
📈 Minimum Crypto Trade Size | |
$1,000 (0.01 Lots) | 1 unit of any cryptocurrency |
📉 Minimum FX Trade Size | |
$1,000 (0.01 Lots) | $1000 (0.01 Lots) |
📈 Minimum Commodities Trade Size | |
$1,000 (0.01 Lots) | Varies by Commodity (Eg: 1 Troy ounce of Gold) |
📉 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 | Up to 1:30 |
💪 Professional Leverage | |
Up to 1:500 | Up to 1:500 (Varies) |
✍ 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 |
💻 Web trader | |
Yes | Yes |
💻 TradingView Platform | |
No | Yes |
💻 Proprietary Platform | |
No | Yes |
📊 Multi-chart Tools | |
Yes | Yes |
👬 Copy Trading | |
Yes | Yes |
👫 Social Trading | |
No | Yes |
🔑 Guaranteed Stop-loss | |
No | No |
🔨 Trailing Stop-loss | |
Yes | Yes | Fees |
💰 Inactivity Fee | |
No | 50 units of the account's base currency yearly after 1 year of inactivity. |
💰 Deposit Fees | |
No | No |
💰 Withdrawal Fees | |
No for most payment methods except international bank transfers which have a cost of 20 AUD. |
Yes on bank transfer withdrawals depending on location (from $10 to $40 on local currency). |
💰 Commissions | |
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No | Spreads |
📈 EUR/USD | |
From 0 to 0.8 Pips | From 1.2 Pips (As per our research) |
📉 SP500 | |
Dynamic - From 30 Pips | Dynamic - From 58 Pips (As per our research) |
📈 GOLD | |
Dynamic - From 9 Pips | Dynamic - From 41 Pips (As per our research) |
📉 TSLA (Stock CFD) | |
Dynamic - From $0.01 | Dynamic - From $1.04 (As per our research) |
📈 XLK (ETF - CFD) | |
N/A | N/A |
📉 BTC | |
Dynamic - From $31 | Dynamic - From $51 (As per our research) | Research and Analysis |
⭐ Watchlists | |
Yes | Yes |
🔭 Stock Screener | |
No | No |
🗓 Economic Calendar | |
Yes | Yes |
📜 Integrated Newsfeed | |
No | Yes |
📡 Reuters Feed | |
No | No |