Fusion Markets
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Vs.

Interactive Brokers
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Investing in financial products involves taking risk.

Fusion Markets Vs. Interactive Brokers - Compare and Choose the Right One

Updated May 13 2022

Visit

Your capital is at risk.

Visit

Investing in financial products involves taking 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.

Interactive Brokers is a global brokerage founded in 1978 that holds 11+ high tier financial licenses and provides discounted electronic trading services in nearly all the globe with access to more than 100,000+ financial instruments.

Best For
  • New traders looking to get started in currency trading
  • Intermediate and professional traders looking for low spreads with a custom account offering
  • Seasoned investors looking for a one-stop shop to cover a variety of needs
  • Global investors who seek the most reliable discount service available
  • Traders from intermediate to advanced level
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

10

Other Licenses

1

Provided by
TheTradingBible.com

Learn More
🏛 Financial Regulators
  • ASIC (Australia)
  • VFSC (Vanuatu)
  • SEC (United States)
  • FINRA (United States)
  • FCA (United Kingdom)
  • ASIC (Australia)
  • IIROC (Canada)
  • MNB (Hungary)
  • BSE (India)
  • CBI (Ireland)
  • FSA (Japan)
  • CSSF (Luxembourg) CSSF
  • MAS (Singapore)
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
  • High regulation
  • Exceptional number of investment instruments (Above 100,000+)
  • Competitive discount fees
The Bad
  • Asset offering is poor (over 100+ instruments)
  • Platform variety is not great (only MT4 or MT5 offered)
  • Complicated account opening process
  • Platforms are not beginner friendly
  • Narrow choice of deposit options (Mostly bank transfer)
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 - 3 Days
📋 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 1978
💳 Minimum Deposit
0 $ - 0
💰 Payment Methods
  • Visa
  • Mastercard
  • Bank Transfer
  • Neteller
  • PerfectMoney
  • Jeton
  • Bank Transfer
  • ACH (US only)
  • Check (US only)
  • Debit Card (US only)
  • BPAY (Australia only)
💵 Account Base Currencies
7 - AUD, EUR, USD, GBP, JPY, SGD, THB. 23 - USD, EUR, GBP, AUD, CAD, CHF, CNY, CZK, DK, HKD, HUF, INR, ILS, JPY, MXN, NZD, NOK, PLN, RUB, SGD, ZAR, KRW, SEK
🗽 Available to U.S Citizens
No Yes
❌ Restricted Countries

US, CA, IR, SY, NZ.

AF, SY, SO, SD, LY, NG, BI.
📊 STP Account
No Yes
📊 DMA Account
No Yes
📊 ECN Account
Yes Yes
Assets
📚 Available Assets

CFDs on currencies, commodities, indices and stocks.

  • Real stocks, currencies, ETFs, options, futures, bonds, cryptocurrencies
  • CFDs on almost every possible asset class
  • Structured Products
📙 Stocks
50 78 markets
📘 Currency Pairs
90+ 105
📗 Commodities
17 35 markets
📕 Indices
10 13
📔 ETFs
N/A 13,000+
💸 Cryptocurrencies
8 4
📒 Bonds
N/A 60,000+
📓 Options
N/A 33 markets
📗 Futures
N/A 32 markets
📝 Notes:

All of Fusion Market’s assets are CFDs.

Interactive brokers provides real assets (equities) from more than 100+ markets (exchanges) across the world and also provides CFDs (in allowed regions).

Trading Experience
📈 Minimum Stock Trade Size
$1,000 (0.01 Lots)

From 1 share - except for exchanges that allow fractional trading (US stock exchanges)

📉 Minimum ETFs Trade Size
$1,000 (0.01 Lots) N/A for EU Citizens
📈 Minimum Crypto Trade Size
$1,000 (0.01 Lots)

No minimum, but minimum fee is $1.75 per order

📉 Minimum FX Trade Size
$1,000 (0.01 Lots) $25,000 (0.25 lots)
📈 Minimum Commodities Trade Size
$1,000 (0.01 Lots) Varies per commodity (eg: 1 Ounce of Gold)
📉 Minimum Bonds Trade Size
N/A $1,000 for corporate/muni bonds, $1 million for treasury bonds
📈 Minimum Futures Trade Size
N/A 1 contract
📉 Minimum Options Trade Size
N/A 1 contract
💪 Retail Leverage
Up to 1:30 Up to 1:30
💪 Professional Leverage
Up to 1:500 N/A
✍ Customisable Leverage
Yes No
🎲 Deleveraged Trading
No Yes
🎓 Demo Account
Yes Yes
📱 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 Yes
👬 Copy Trading
Yes No
👫 Social Trading
No No
🔑 Guaranteed Stop-loss
No No
🔨 Trailing Stop-loss
Yes Yes
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.

One free withdrawal per month, subsequent are $10 per withdrawal or equivalent

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

Commissions depend on market and residency:

  • US residents are eligible for zero commission US stock trading. Else, for US stocks it is $0.005/share with a minimum $1 and maximum 1% of the trade value.
  • European stocks have €3 minimum and 0.05% trade value.
  • Forex commissions are volume based starting at 0.20 basis points of trade value or $2 minimum per trade, and going low as 0.08 basis points and $1.
  • Options start at $0.25 per contract and go as low as $0.15 per contract.
  • Futures start at $0.85 per contract and go as low as $0.25 per contract
Spreads
📈 EUR/USD
From 0 to 0.8 Pips Dynamic - From 0.1 pips
📉 SP500
Dynamic - From 30 Pips Dynamic - From 1 Pip
📈 GOLD
Dynamic - From 9 Pips N/A
📉 TSLA (Stock CFD)
Dynamic - From $0.01 Dynamic - From $0.50
📈 XLK (ETF - CFD)
N/A N/A
📉 BTC
Dynamic - From $31 N/A
Research and Analysis
⭐ Watchlists
Yes Yes
🔭 Stock Screener
No Yes
🗓 Economic Calendar
Yes Yes
📜 Integrated Newsfeed
No Yes
📡 Reuters Feed
No Yes