TMGM Vs. Fusion Markets - Compare and Choose the Right One


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Overview
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.
Best For
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
Trust
TTBTrust 5.6 Provided by TheTradingBible.com ® Learn More	TTBTrust 6 Provided by TheTradingBible.com ® Learn More
The Good
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
The Bad
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)
Status
Operational	Operational
Recent News
N/A	N/A
Key Data
⌛ Account Opening Time
1 Day	1 Day
📋 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.
🏛 Financial Regulators
ASIC (Australia) FMA (New Zealand) VFSC (Vanuatu)	ASIC (Australia) VFSC (Vanuatu)
📍 Year Founded
2013	2010
💳 Minimum Deposit
$, -100	0
💰 Payment Methods
Bank Transfer Credit cards Debit cards FasaPay Neteller RMB Instant Revolut Paytrust Skrill Sticpay UnionPay Wise	Visa Mastercard Bank Transfer Neteller PerfectMoney Jeton
💵 Account Base Currencies
6 - EUR, USD, GBP, AUD, NZD, CAD	7 - AUD, EUR, USD, GBP, JPY, SGD, THB.
🗽 Available to U.S Citizens
No	No
❌ Restricted Countries
US.	US, CA, IR, SY, NZ.
📊 STP Account
Yes	No
📊 DMA Account
Yes	No
📊 ECN Account
Yes	Yes
Assets
📚 Available Assets
CFDs on stocks, currencies, commodities and indices.	CFDs on currencies, commodities, indices and stocks.
📙 Stocks
12,000+	50
📘 Currency Pairs
55	90+
📗 Commodities
6	17
📕 Indices
15	10
📔 ETFs
N/A	N/A
💸 Cryptocurrencies
12	8
📒 Bonds
N/A	N/A
📓 Options
N/A	N/A
📗 Futures
N/A	N/A
📝 Notes:
All of TMGM's assets are CFDs	All of Fusion Market’s assets are CFDs.
Trading Experience
📈 Minimum Stock Trade Size
1 Share	$1,000 (0.01 Lots)
📉 Minimum ETFs Trade Size
N/A	$1,000 (0.01 Lots)
📈 Minimum Crypto Trade Size
Varies per Cryptocurrency (Eg: 0.01 BTC)	$1,000 (0.01 Lots)
📉 Minimum FX Trade Size
$1,000 (0.01 lots)	$1,000 (0.01 Lots)
📈 Minimum Commodities Trade Size
Varies per Commodity (0.01 lots for gold, 1 lot for Crude Oil)	$1,000 (0.01 Lots)
📉 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 1:500	Up to 1:30
💪 Professional Leverage
Up to 1:500	Up to 1:500
✍ Customisable Leverage
Yes	Yes
🎲 Deleveraged Trading
Yes	No
🎓 Demo Account
Yes	Yes
📱 IOS App
Yes	No
📱 Android App
Yes	No
📺 MetaTrader 4
Yes	Yes
📺 MetaTrader 5
Yes	Yes
💻 Web trader
Yes	Yes
💻 TradingView Platform
No	No
💻 Proprietary Platform
No	No
📊 Multi-chart Tools
Yes	Yes
👬 Copy Trading
No	Yes
👫 Social Trading
No	No
🔑 Guaranteed Stop-loss
No	No
🔨 Trailing Stop-loss
Yes	Yes
Fees
💰 Inactivity Fee
$30 fee if there is no activity for 6 months or if the account balance falls below $500.	No
💰 Deposit Fees
No	No
💰 Withdrawal Fees
No	No for most payment methods except international bank transfers which have a cost of 20 AUD.
💰 Commissions
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.
Spreads
📈 EUR/USD
Dynamic - From 0 pips	From 0 to 0.8 Pips
📉 SP500
Dynamic - From 30 Pips	Dynamic - From 30 Pips
📈 GOLD
Dynamic - From 11 pips	Dynamic - From 9 Pips
📉 TSLA (Stock CFD)
Dynamic - From $0.48	Dynamic - From $0.01
📈 XLK (ETF - CFD)
N/A	N/A
📉 BTC
Dynamic - From $32	Dynamic - From $31
Research and Analysis
⭐ Watchlists
Yes	Yes
🔭 Stock Screener
Yes	No
🗓 Economic Calendar
Yes	Yes
📜 Integrated Newsfeed
Yes	No
📡 Reuters Feed
No	No