Fusion Markets vs IC Markets
Can't decide between Fusion Markets and IC Markets? We've put both brokers head-to-head. Compare their spreads, regulation, platforms, and fees below.
Last updated: May 27, 2026
Executive Summary
Fusion Markets and IC Markets are both well-established forex brokers, but they serve different types of traders. Fusion Markets scores 82/100 in our TrustMetrics™ system, while IC Markets leads with 97/100.
On pricing, IC Markets offers tighter EUR/USD spreads (0.02 pips vs 0.03 pips). Fusion Markets supports MT4, MT5, cTrader, TradingView while IC Markets offers MT4, MT5, cTrader, giving Fusion Markets an edge in platform diversity.
For regulation, Fusion Markets holds licenses from ASIC, VFSC, FSA while IC Markets is regulated by ASIC, CySEC, FSA. Both brokers offer segregated client funds and are considered safe for retail trading.
The Verdicts
Most Trusted
IC Markets scores higher in our TrustMetrics system (97/100) compared to Fusion Markets (82/100), making it the safer choice.
Lowest Spreads
IC Markets offers better pricing with an average EUR/USD spread of 0.02 pips, beating the 0.03 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 | Fusion Markets | IC Markets |
|---|---|---|
| Trust Score | 82/100 | 97/100 |
| Spreads From | 0.0 pips | 0.0 pips |
| Avg EUR/USD Spread | 0.03 pips | 0.02 pips |
| Commission | $4.50/lot RT (lowest in industry) | $7.00/lot |
| Execution Speed | < 37ms | 18ms |
| Max Leverage | 1:500 | 1:500 |
| Minimum Deposit | $0 | $200 |
| Instruments | 250+ | 2,250+ |
| Account Types | Zero, Classic | Standard, Raw Spread, cTrader Raw |
| Platforms | MT4, MT5, cTrader, TradingView | MT4, MT5, cTrader |
| Top Regulators | ASIC, VFSC, FSA | ASIC, CySEC, FSA |
| Withdrawal Speed | 1-2 business days | 1-2 business days |
| Inactivity Fee | $0 (No inactivity fee) | $0 (No inactivity fee) |
| Customer Support | 24/7 Live Chat, Email | 24/7 Live Chat, Email, Phone |
Which Broker Should You Choose?
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
Choose IC Markets if...
- ✓You need the tightest possible spreads for scalping
- ✓You prefer cTrader's advanced order management
- ✓You are a scalper or algorithmic trader
Fusion Markets Pros & Cons
Pros
- ✓ 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
Cons
- × 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
IC Markets Pros & Cons
Pros
- ✓ True 0.0 pip spreads during London and NY sessions
- ✓ Industry-leading 18ms execution speed
- ✓ Free Equinix NY4 VPS for active traders
- ✓ No trading restrictions (perfect for EAs)
- ✓ Transparent $6/lot commission on cTrader
Cons
- × No proprietary trading platform or TradingView integration
- × Education section is basic compared to competitors
- × No deposit bonus or welcome offers
The Bottom Line: Fusion Markets vs IC Markets
- ✓ Lowest Commissions
- ✓ Raw ECN Spreads
- ✓ Cost-Conscious Scalping
- ✓ TradingView Integration
- ✓ Small Account Trading
- ✓ No minimum deposit
- ✓ Scalping
- ✓ Algorithmic Trading
- ✓ Low Spreads
- ✓ ECN Trading
- ✓ Tighter EUR/USD spreads (0.02 pips)
Both brokers are featured in our top broker rankings. Your choice should depend on your specific trading style, preferred platform, and geographical location.
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