Fusion Markets vs Stake compared

Online brokers compared for fees, trading platforms, safety and more. See how Fusion Markets stacks up against Stake!

Fusion Markets
Stake
74-89% of retail CFD accounts lose money
When you invest your capital is at risk

Last update of dataNov 2022

Fusion Markets

Fusion Markets is an Australia-based discount forex broker, regulated by the ASIC, VFSC and FSA Seychelles

Recommended for forex traders looking for low fees and a chance to use the MetaTrader 4 platform.

Stake

Stake is an Australia-based fintech startup that offers commission-free stock trading, regulated by the Australian Securities and Investment Commission (ASIC) and the FCA.

Recommended for beginners and investors looking for free US stocks/ETFs and a simple, easy to use trading platform.

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.

*Data marked with an asterisk contain additional info, expand the relevant sections below to see details.

Basic data of broker

Overall Score
4.5

Recommended for Forex traders looking for low fees and a chance to use the MetaTrader 4 platform

Best discount forex broker

Overall Score
4.5

Recommended for Beginners and investors looking for free US stocks/ETFs and a simple, easy to use trading platform

Country of origin

Australia

Country of origin

Australia

Fees

Fees score
4.7
Fees score
4.7
Fees summary

Low trading and non-trading fees, low forex fees

Fees summary

Low trading and average non-trading fees

Stock and ETF fees

Forex fees

Fund fees

Bond fees

Options fees

Futures fees

CFD fees

Non-trading fees

Deposit and withdrawal

Deposit and withdrawal score
4.4
Deposit and withdrawal score
2.2
Number of base currencies

8

Number of base currencies

1

Deposit type

Withdrawal type

Account opening

Account opening score
5.0
Account opening score
5.0
Account opening fully online
Account opening fully online
Minimum deposit
*

$0

*
Minimum deposit
*

$50

*
Time to open account

1 day

Time to open account

1 day

Required documents

Proof of identity: passport / national ID card / driver's license Proof of residency: bank statement / utility bill / tax document

Required documents

Australian ID for Australian clients. No documents needed for UK clients.

Trading platform

Web platform score
2.8
Web platform score
3.6
Mobile platform score
3.8
Mobile platform score
4.1
Desktop platform score
3.4
Desktop platform score
-

Markets and products

Markets and products score
2.2
Markets and products score
1.7
Stocks
Stocks
*
*
Fractional shares
Fractional shares
*
*
ETFs
ETFs
*
*
Forex
Forex
Funds
Funds
Bonds
Bonds
Options
Options
Futures
Futures
Crypto
*
*
Crypto
CFDs
CFDs
CFD disclaimer

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

Research score
4.0
Research score
3.3
Charting quality

Mid-range

Charting quality

Poor

Education score
1.5
Education score
0.5
Demo account
Demo account

Customer service

Customer service score
5.0
Customer service score
1.7
Phone
Phone
Live chat
Live chat
Email
Email
24/7 availability
24/7 availability

Security

Investor protection amount

No protection

Investor protection amount

$500,000 (securities up to $500,000, cash up to $250,000)

Banking background
Banking background
Listed on stock exchange
Listed on stock exchange
Foundation date

2010

Foundation date

2017

Country of regulation

Australia, Vanuatu

Country of regulation

Australia, UK

Fusion Markets

For detailed information and hands-on experience, read our review of this broker.

Stake

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.

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