Fusion Markets
Stake
*Data marked with an asterisk contain additional info, expand the relevant sections below to see details.
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 Beginners and investors looking for free US stocks/ETFs and a simple, easy to use trading platform
Australia
Australia
Fees
Low trading and non-trading fees, low forex fees
Low trading and 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
1
Deposit type
Withdrawal type
Account opening
$0
$50
1 day
1 day
Proof of identity: passport / national ID card / driver's license Proof of residency: bank statement / utility bill / tax document
Australian ID for Australian clients. No documents needed for UK clients.
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.
Research, education
Mid-range
Poor
Customer service
Security
No protection
$500,000 (securities up to $500,000, cash up to $250,000)
2010
2017
Australia, Vanuatu
Australia, UK
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.
*Data marked with an asterisk contain additional info, expand the relevant sections below to see details.
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 Stake's and a comparison of their fees shows that Fusion Markets's fees are similar to Stake's.
Account opening takes about the same effort at Fusion Markets compared to Stake, deposit and withdrawal processes are more seamless at Fusion Markets, while customer service quality is much better than Stake's.
Our experts rated the trading platform of Fusion Markets as being of the same quality as the platform of Stake, found that clients have access to slightly more markets and products with Fusion Markets, while Stake provides somewhat lower-quality research and education.