Overview of Fusion Markets fees and charges

It's safe to say that Fusion Markets's fees are low in general. They either don't charge a brokerage fee for things other brokers do charge for, or they only charge a small amount. This means that you can use Fusion Markets even in case you trade frequently like multiple times a week or daily.

Here's a high level overview of Fusion Markets's fees

Fusion Markets Fees snapshot
Assets Fee level Fee terms
EURUSD Low ZERO account: $2.25 commission per lot per trade plus spread cost. 0 pips is the average spread cost during peak trading hours.
GBPUSD Low ZERO account: $2.25 commission per lot per trade plus spread cost. 0.2 pips is the average spread cost during peak trading hours.
S&P 500 CFD Low The fees are built into the spread, 0.4 points is the average spread cost during peak trading hours.
Inactivity fee Low No inactivity fee

Disclaimer: 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.

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74-89% of retail CFD accounts lose money

Fusion Markets fees
Fusion Markets fees explained

We compare Fusion Markets fees with its closest competitors, IC Markets and Pepperstone.

Fusion Markets fees
Fusion Markets trading fees

Fusion Markets's trading fees are low which makes it suitable for you even if you trade often (i.e. multiple times a week).

Let's break down the trading fees into the different asset classes available at Fusion Markets.

Trading fees

Fusion Markets's trading fees are low.

It is super hard to compare trading fees for forex brokers. What we did at BrokerChooser? Instead of quoting long fee tables, we compare brokers by calculating all fees of an example trade for two currency pairs.

  • EURUSD, a popular currency pair
  • EURGBP, another popular currency pair

The example in this context would mean that you buy for $20,000 using 30:1 leverage, and sell it after a week.

This super catch-all benchmark includes spreads and financing costs for all brokers.

Here is the verdict.

Fusion Markets forex trading fees
Fusion Markets IC Markets Pepperstone
EURUSD benchmark fee $11.8 $12.3 $13.9
EURGBP benchmark fee $8.5 $8.3 $10.5

Financing rates

Fusion Markets financing rates are low.

If you want to trade on margin and prefer to hold your positions long, financing costs can be significant.

Fusion Markets yearly financing rates
Fusion Markets IC Markets Pepperstone
Apple CFD financing rate 7.8% 2.6% 5.6%
Vodafone CFD financing rate - 3.1% 4.7%
EURUSD financing rate 2.8% 2.8% 2.8%
EURGBP financing rate 1.8% 1.8% 2.1%

Leverage is a double-edged sword and can dramatically amplify your profits. It can also just as dramatically amplify your losses. Trading foreign exchange/CFDs with any level of leverage may not be suitable for all investors.

Currency conversion fee

Fusion Markets will charge a Currency Conversion Fee for all trades on instruments denominated in a currency different to the currency of your account. The fee is charged as the following: Exchange rate received from liquidity providers plus a mark-up. We used the EURUSD trading fees for the calculation..

Fusion Markets fees
Fusion Markets non-trading fees

When it comes to looking at all the non-trading fees Fusion Markets is a cheap broker. This means that they don't charge you a lot for non-trading related activities on your trading account, like withdrawal fee.

Non-trading fees include various brokerage fees and charges at Fusion Markets that you pay not related to buying and selling assets. Among some others, typical non trading fees are withdrawal fee, deposit fee, inactivity fee and account fee.

A high level overview of how Fusion Markets stacks up in non-trading fees
Fusion Markets IC Markets Pepperstone
Withdrawal fee $0 $0 $0
Deposit fee $0 $0 $0
Inactivity fee No No No
Account fee No No No

Fusion Markets fees
Fusion Markets deposit fee

Deposit fees are applied when you send money to your trading account from your bank account. Usually brokers don't charge money for that and Fusion Markets is not different: you will see the exact same amount on your brokerage account that you sent by any of the deposit methods Fusion Markets offers.

Fusion Markets deposit methods
Fusion Markets IC Markets Pepperstone
Bank transfer Yes Yes Yes
Credit/debit card Yes Yes Yes
Electronic wallets Yes Yes Yes
Deposit fee $0 $0 $0

Fusion Markets fees
Fusion Markets withdrawal fee

Unlike some online brokers we have reviewed Fusion Markets does not charge a withdrawal fee. This means that you'll see the same amount of money on your bank account that you transferred from your brokerage account.

Fusion Markets withdrawal fees and options compared
Fusion Markets IC Markets Pepperstone
Bank transfer Yes Yes Yes
Credit/debit card Yes Yes Yes
Electronic wallets Yes Yes Yes
Withdrawal fee with bank transfer $0 $0 $0

Fusion Markets fees
Fusion Markets inactivity fee

Fusion Markets does not apply an inactivity fee which is great because your account will not be charged even if you do not trade for a longer time period (months or years).

Author of this article

Ádám Nasli

Author of this article

Ádám worked in banking and investment, and holds a professional degree in this field. He is a motivated finance expert, having joined BrokerChooser in 2018. He's also eager to help people find the best investment provider for them, and to make the investment sector as transparent as possible. In his spare time, he loves learning new things, especially data science, algo trading, programming and trading.

Ádám Nasli

Analyst Head

Ádám worked in banking and investment, and holds a professional degree in this field. He is a motivated finance expert, having joined BrokerChooser in 2018. He's also eager to help people find the best investment provider for them, and to make the investment sector as transparent as possible. In his spare time, he loves learning new things, especially data science, algo trading, programming and trading.

Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology

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74-89% of retail CFD accounts lose money

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