FP Markets vs Fusion Markets
Can't decide between FP Markets and Fusion Markets? We've put both brokers head-to-head. Compare their spreads, regulation, platforms, and fees below.
Last updated: May 27, 2026
Executive Summary
FP Markets and Fusion Markets are both well-established forex brokers, but they serve different types of traders. FP Markets scores 92/100 in our TrustMetrics™ system, edging ahead of Fusion Markets's 82/100.
On pricing, Fusion Markets offers tighter EUR/USD spreads (0.03 pips vs 0.1 pips). FP Markets supports MT4, MT5, cTrader, Iress, TradingView while Fusion Markets offers MT4, MT5, cTrader, TradingView, giving FP Markets an edge in platform diversity.
For regulation, FP Markets holds licenses from ASIC, CySEC, FSA while Fusion Markets is regulated by ASIC, VFSC, FSA. Both brokers offer segregated client funds and are considered safe for retail trading.
The Verdicts
Most Trusted
FP Markets scores higher in our TrustMetrics system (92/100) compared to Fusion Markets (82/100), making it the safer choice.
Lowest Spreads
Fusion Markets offers better pricing with an average EUR/USD spread of 0.03 pips, beating the 0.1 pip average of its competitor.
Best for Beginners
With a lower minimum deposit requirement of $0, Fusion Markets is the more accessible option for new traders.
Detailed Comparison
| Feature | FP Markets | Fusion Markets |
|---|---|---|
Trust Score Our proprietary safety rating based on regulation and track record. | 92/100 ✓ | 82/100 |
Spreads From The lowest possible spread available on their premium accounts. | 0.0 pips | 0.0 pips |
Avg EUR/USD Spread The typical spread experienced during normal market hours. | 0.1 pips | 0.03 pips ✓ |
| Commission | $6.00/lot | $4.50/lot RT (lowest in industry) |
Execution Speed The average time it takes for an order to be filled. | 30ms | < 37ms |
| Max Leverage | 1:500 | 1:500 |
| Minimum Deposit | $100 | $0 ✓ |
| Instruments | 10,000+ | 250+ |
| Account Types | Standard, Raw, Iress | Zero, Classic |
| Platforms | MT4, MT5, cTrader, Iress, TradingView | MT4, MT5, cTrader, TradingView |
| Top Regulators | ASIC, CySEC, FSA | ASIC, VFSC, FSA |
Withdrawal Speed The average processing time before funds hit your account. | 1-2 business days | 1-2 business days |
Inactivity Fee Fees charged if you do not place any trades for a specific period. | $0 | $0 (No inactivity fee) |
| Customer Support | 24/7 Live Chat, Email, Phone | 24/7 Live Chat, Email |
Which Broker Should You Choose?
Choose FP Markets if...
- ✓You need the tightest possible spreads for scalping
- ✓You want to trade directly from TradingView charts
- ✓You prefer cTrader's advanced order management
- ✓You need access to a massive range of instruments
- ✓You are a scalper or algorithmic trader
Choose Fusion Markets if...
- ✓You want to start with a very low minimum deposit
- ✓You need the tightest possible spreads for scalping
- ✓You want to trade directly from TradingView charts
- ✓You prefer cTrader's advanced order management
- ✓You are a scalper or algorithmic trader
FP Markets Overview
Advantages
- ✓ True ECN pricing with 0.0 pips on majors frequently
- ✓ Very competitive $6.00/lot round-turn commission
- ✓ Access to 10,000+ global stocks via the Iress platform
- ✓ Full suite of platforms: MT4, MT5, cTrader, and TradingView
Drawbacks
- × Iress platform requires a higher minimum deposit ($1,000) and has platform fees
- × Educational content is decent but not industry-leading
Fusion Markets Overview
Advantages
- ✓ Lowest commission in the industry — $4.50/lot round turn (vs $7 at IC Markets)
- ✓ True 0.0 pip raw spreads with ECN execution on the Zero account
- ✓ No minimum deposit — start trading with any amount
- ✓ Supports MT4, MT5, cTrader, AND TradingView — the widest platform selection
- ✓ Founded by former Pepperstone executives — institutional DNA with startup agility
Drawbacks
- × Smaller instrument range (250) — no stocks, bonds, or ETFs
- × Limited educational content and research tools
- × Offshore entities (VFSC, FSA) have weaker regulation for non-AU clients
- × Brand is newer and less established than IC Markets or Pepperstone
- × No phone support — live chat and email only
Algorithmic Deep Dive
Data Updated: Aug 2026🛡️ Safety & Regulation
Tier-1 Licenses
💸 Pricing Economics
⚡ Technical Capabilities & Execution
Platform Support
- MT4✓✓
- MT5✓✓
- cTrader✓✓
- TradingView✓✓
FP Markets Execution
Our testing of FP Markets's platform offerings confirmed stable performance with reliable execution speeds. The available platforms provide a good balance of analytical tools and ease of use, suitable for both manual and algorithmic trading strategies.
Fusion Markets Execution
Fusion Markets offers the widest platform selection of any low-cost broker: MT4, MT5, cTrader, and TradingView. During testing, we traded through all four and found the experience consistent — raw spreads and the $4.50 commission applied regardless of platform. The cTrader integration provides Level 2 market depth and advanced order types, while TradingView integration allows chart-to-trade execution. MT4 and MT5 support EA/algorithmic trading with no restrictions. The platforms are offered in standard configurations without proprietary additions, which is typical for a cost-focused broker.
The Bottom Line: FP Markets vs Fusion Markets
- ✓ ECN Trading
- ✓ Low Commissions
- ✓ Stock CFDs
- ✓ cTrader
- ✓ Lowest Commissions
- ✓ Raw ECN Spreads
- ✓ Cost-Conscious Scalping
- ✓ TradingView Integration
- ✓ Small Account Trading
- ✓ Tighter EUR/USD spreads (0.03 pips)
- ✓ No minimum deposit
Both brokers are featured in our top broker rankings. Your choice should depend on your specific trading style, preferred platform, and geographical location.
Related Articles
FP Markets Review 2026: The Best Broker for Equity CFDs?
FP Markets offers 10,000+ equity CFDs via Iress alongside tight forex spreads on MT4/MT5. We review their Raw account, Iress platform, and ASIC/CySEC regulation.
Funded Engineer Shut Down: What Happened and Best Alternatives
A complete breakdown of why Funded Engineer shut down its operations, what happened to payouts, and the most reliable alternative prop firms for traders.
How to Pass the FTMO Challenge: A Math-Backed Trader Blueprint
Passing the FTMO challenge is not about luck; it is about risk management and math. We detail the exact capital sizing, drawdown buffers, and daily reset rules.
Cheapest Prop Firm Challenges compared: Fee vs Account Size Matrix
Looking for the best value prop firm? We compare challenge fees, refund policies, and account sizes across 20+ prop trading firms in 2026.