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

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.

Moneta Markets is an international broker that specialises in CFDs trading via MetaTrader 4 and their proprietary platform ProTrader powered by TradingView.

• New traders looking to get started in currency trading
• Intermediate and professional traders looking for low spreads with a custom account offering

• Scalpers looking to take advantage of the spreads and commissions on ECN account
• International traders looking for an off-shore high leverage broker.

• ASIC (Australia)
• VFSC (Vanuatu)

• ASIC (Australia)
• FSCA (South Africa)
• FSA (Seychelles)
• SVGFSA (Saint Vincent and the Grenadines)

• 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

• ProTrader platform powered by TradingView
• Competitive commissions on ECN account
• Moneta Markets is part of the Vantage group which holds an ASIC license

• Asset offering is poor (over 100+ instruments)
• Platform variety is not great (only MT4 or MT5 offered)

• Demo accounts only last 30 days
• Asset offering is extremely low (below 300 instruments)
• Weak regulatory framework with only 1 license
• STP account spreads are really high for industry standards

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• 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.

• Visa
• Mastercard
• Bank Transfer
• Neteller
• PerfectMoney
• Jeton

• Visa
• Mastercard
• FasaPay
• JCB
• SticPay
• Bank Transfer

US, CA, IR, SY, NZ.

AF, AS, AL, AU, BY, BE, BM, BA, BG, BI, CA, CF, HR, CU, CY, CD, ER, FR, GU, IR, IQ, IT, JP, LB, LR, LY, MK, ML, ME, MM, KP, PR, GN, GW, RO, SL, RS, SG, SI, SO, SS, SD, ES, SY, US, UK, VI, VE, YE, ZW. 

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

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

Commission structure varies as follows:

• No commissions on Direct STP account
• $3 per lot per side commission on Prime ECN account
• $1 per lot per side commission on Ultra ECN account