Why choose Fusion Markets
Fusion Markets is the go-to broker for budget-savvy forex traders, with arguably the lowest trading fees in the industry. In my experience, it’s one of those brokers that does only one thing but does it extremely well, from easy account opening to a robust currency selection. The unwieldy MetaTrader platform it offers is a hit with some experienced traders but a pain for most beginners.
- Low trading and non-trading fees
- Fast and easy account opening
- Great customer service
74-89% of retail CFD accounts lose money
Fees
- Low forex and CFD fees
- No withdrawal and inactivity fees
We compared Fusion Markets's fees with two similar brokers we selected, IC Markets and Pepperstone. These competitors were selected based on objective factors like products offered, client profile, fee structure, etc. See a more detailed comparison of Fusion Markets alternatives.
Low FX fees
Fusion Markets charges a forex commmission: $2.25 commission per lot per trade. Spread costs come on top of this, e.g. the EUR/USD spread is 0.0.
Broker | EURUSD spread | FX commission per lot |
---|---|---|
Fusion Markets | 0.0 | $2.25 commission per lot per trade |
IC Markets | 0.0 | $3.50 commission per lot per trade |
Pepperstone | 0.1 | $3.50 commission per lot per trade |
Fusion Markets charges one of the lowest FX commissions on the market.
Low index CFD fees
All index CFD fees are built into the spread. The spread for S&P 500 index CFDs is 0.3.
Broker | S&P 500 CFD spread |
---|---|
Fusion Markets | 0.3 |
IC Markets | 0.2 |
Pepperstone | 0.4 |
Low stock CFD fees
All stock CFD fees are built into the spread. The spread for Apple stock CFDs is 0.0.
Broker | Apple CFD |
---|---|
Fusion Markets | $0.1 |
IC Markets | $0.3 |
Pepperstone | $0.7 |
No inactivity fee, no withdrawal fee
There are no account, inactivity, or deposit fees.
Broker | Inactivity fee | Withdrawal fee |
---|---|---|
Fusion Markets | $0 | |
IC Markets | $0 | |
Pepperstone | $0 |
Safety
- Regulated by top-tier financial authority
- Negative balance protection for clients under ASIC
Deposit and withdrawal
- Credit/Debit card available
- Free withdrawal
- No deposit fee
Account opening
- Fast
- Fully digital
- No minimum deposit
Mobile app
- User-friendly
- Good search function
- Price alerts
Desktop platform
- Clear fee report
- Good customizability (for charts, workspace)
- Price alerts