Fusion Markets vs Pepperstone
Can't decide between Fusion Markets and Pepperstone? 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 Pepperstone are both well-established forex brokers, but they serve different types of traders. Fusion Markets scores 82/100 in our TrustMetrics™ system, while Pepperstone leads with 95/100.
On pricing, Fusion Markets offers tighter EUR/USD spreads (0.03 pips vs 0.08 pips). Fusion Markets supports MT4, MT5, cTrader, TradingView while Pepperstone offers MT4, MT5, cTrader, TradingView.
For regulation, Fusion Markets holds licenses from ASIC, VFSC, FSA while Pepperstone is regulated by FCA, ASIC, CySEC, BaFin, DFSA. Both brokers offer segregated client funds and are considered safe for retail trading.
The Verdicts
Most Trusted
Pepperstone scores higher in our TrustMetrics system (95/100) 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 0.08 pip average of its competitor.
Best for Beginners
Both brokers require a $0 minimum deposit, making them equally accessible.
Detailed Comparison
| Feature | Fusion Markets | Pepperstone |
|---|---|---|
| Trust Score | 82/100 | 95/100 |
| Spreads From | 0.0 pips | 0.0 pips |
| Avg EUR/USD Spread | 0.03 pips | 0.08 pips |
| Commission | $4.50/lot RT (lowest in industry) | $7.00/lot |
| Execution Speed | < 37ms | 24ms |
| Max Leverage | 1:500 | 1:500 |
| Minimum Deposit | $0 | $0 |
| Instruments | 250+ | 1,200+ |
| Account Types | Zero, Classic | Standard, Razor |
| Platforms | MT4, MT5, cTrader, TradingView | MT4, MT5, cTrader, TradingView |
| Top Regulators | ASIC, VFSC, FSA | FCA, ASIC, CySEC, BaFin, DFSA |
| Withdrawal Speed | 1-2 business days | Same day - 1 business day |
| Inactivity Fee | $0 (No inactivity fee) | $0 (No inactivity fee) |
| Customer Support | 24/7 Live Chat, Email | 24/5 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 Pepperstone 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
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
Pepperstone Pros & Cons
Pros
- ✓ Direct integration with TradingView for seamless charting and execution
- ✓ Active Trader rebate program saves up to $2.50/lot
- ✓ Five Tier-1/Tier-2 regulatory licenses provide immense security
- ✓ No official minimum deposit requirement
- ✓ Razor account delivers highly stable spreads during news events
Cons
- × Customer support is not available on weekends
- × No proprietary copy trading platform (relies on third parties like DupliTrade)
- × Standard account spreads are average (1.1 pips)
The Bottom Line: Fusion Markets vs Pepperstone
- ✓ Lowest Commissions
- ✓ Raw ECN Spreads
- ✓ Cost-Conscious Scalping
- ✓ TradingView Integration
- ✓ Small Account Trading
- ✓ Tighter EUR/USD spreads (0.03 pips)
- ✓ No minimum deposit
- ✓ TradingView Users
- ✓ Multi-Platform Trading
- ✓ Active Traders
- ✓ Beginners
- ✓ 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.
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