Basic data of broker
Recommended for Forex traders looking for low fees and a chance to use the MetaTrader 4 platform
Lowest spread forex broker
Recommended for Forex traders who value a user-friendly platform and great research tools
Australia
USA
Fees
Low trading and non-trading fees, low forex fees
Low CFD and forex trading fees, average non-trading fees
Stock and ETF fees
Forex fees
Fund fees
Bond fees
Options fees
Futures fees
Crypto fees
CFD fees
Non-trading fees
Deposit and withdrawal
8
9
Deposit type
Withdrawal type
Account opening
$0
$0
1 day
1-3 days
Proof of identity: passport / national ID card / driver's license Proof of residency: bank statement / utility bill / tax document / Birth Certificate / Birth Certificate / Citizen Certificate
Proof of identity: ID / passport Proof of residency: bank statement / utility bill
Trading platform
Markets and products
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.
Disclaimer: 78.3% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Research, education
Mid-range
Great
Customer service
Security
No investor protection
£85k to UK, €20k to EU clients, CAD 1mn to Canadian, and $0 to other clients
No investor protection
£85k to UK, €20k to EU clients, CAD 1mn to Canadian, and $0 to other clients
2010
1996
Australia, Vanuatu, Financial Services Authority of Seychelles
US, UK, Australia, Singapore, Canada, Malta, Japan, British Virgin Islands
For detailed information and hands-on experience, read our review of this broker.
For detailed information and hands-on experience, read our review of this broker.
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.
Fusion Markets's service is on par with Oanda's and a comparison of their fees shows that Fusion Markets's fees are slightly lower than Oanda's.
Account opening takes somewhat less effort at Fusion Markets compared to Oanda, deposit and withdrawal processes are about the same quality at Fusion Markets, while customer service quality is similar to Oanda's.
Our experts rated the trading platform of Fusion Markets as less user-friendly than the platform of Oanda, found that clients have access to slightly more markets and products with Fusion Markets, while Oanda provides somewhat better research and education.