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

Oanda is an international Forex broker founded in 1996 with headquarters in the United States. Oanda specialises exclusively in currency trading solutions for all trader levels. Their greatest selling points are their strong regulatory framework and robust proprietary platforms.

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.

• Forex traders of all levels (from beginner to advanced)

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

• CFTC (U.S)
• NFA (U.S)
• ASIC (Australia)
• FCA (UK)
• MAS (Singapore)
• IIROC (Canada)
• FFAJ (Japan)
• BVI (British Virgin Islands)

• ASIC (Australia)
• VFSC (Vanuatu)

• High trustworthiness, regulated by the best regulators in the world
• Fast, simple and professional trading platforms
• Competitive spreads in their currency pairs

• 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 limited offering of assets (104)
• No ability to purchase real stocks or cryptocurrencies, only CFDs

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

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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
• Paypal

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

AF, AL, BS, BB, BW, BF, BI, KH, KY, CF, TD, CD, CG, CU, ER, ET, GH, IR, IQ, JM, KP, LY, MU, MN, MA, MM, NI, NG, PK, PS, PA, SN, SL, SO, SS, SD, SY, TT, TN, UG, VU, YE, ZW.

US, CA, IR, SY, NZ.

$10 after 1 year of inactivity.

Credit and Debit cards are free, when it comes to Bank transfer depends on the account's base currency (eg: the first withdrawal costs $, €, £ 20 and any subsequent ones 35). In the case of SGD, there are no fees.

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.