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

TMGM is an Australian broker specialised in financial derivatives known as contract-for-differences (CFDs). Operating since 2013, TMGM provides trading in forex, stocks, indices, cryptocurrencies and commodities.

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.

• Swing traders who can use high leverage
• Stock traders who do not have access or funds to trade with specialised brokers

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

• ASIC (Australia)
• FMA (New Zealand)
• VFSC (Vanuatu)

• ASIC (Australia)
• VFSC (Vanuatu)

• High and flexible leverage
• No deposit or withdrawal fees
• Supports Expert Advisors (EAs), hedging and news trading

• 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

• Only has financial derivatives (CFDs)
• Inactivity fee is tied to minimum account balance

• 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.

• Bank Transfer
• Credit cards
• Debit cards
• FasaPay
• Neteller
• RMB Instant
• Revolut
• Paytrust
• Skrill
• Sticpay
• UnionPay
• Wise

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

US.

US, CA, IR, SY, NZ.

$30 fee if there is no activity for 6 months or if the account balance falls below $500.

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

Yes, from $3.5 per lot round turn

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