

FP Markets vs Fusion Markets (2026): Which Broker Is Actually Better?
We compare FP Markets against Fusion Markets across spreads, regulations, platforms, and trading costs. Read our algorithmic breakdown and expert verdict to find out which broker suits your trading style in 2026.
Which is better: FP Markets or Fusion Markets?
Sources & References
- BrokerAnalysis ranking methodology— BrokerAnalysis
- BrokerAnalysis data sources— BrokerAnalysis
- BrokerAnalysis editorial policy— BrokerAnalysis
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FP Markets
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Referral bonus pays $50-$200 after a friend funds and trades the required volume.

Fusion Markets
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Verdict: It's a Tie
Both FP Markets and Fusion Markets offer exceptional trading environments with distinct strengths. FP Markets is ideal for ecn traders, scalpers & australian clients, while Fusion Markets excels for low-cost & high-volume traders. Your choice should depend entirely on whether you prioritize true ecn pricing from 0.0 pips or one of the lowest commissions in the industry ($4.50 round turn).
FP Markets vs Fusion Markets: Side-by-Side Comparison
| Feature | ![]() | ![]() |
|---|---|---|
| Founded | 2005 | 2017 |
| Overall Rating | 4.5/5.0 | 4.5/5.0 |
| Minimum Deposit | $100 | $0 |
| EUR/USD Spread | 0.0 pips (Raw) | 0.0 pips (Zero) |
| Maximum Leverage | 1:500 | 1:500 |
| MetaTrader 4 | Yes | Yes |
| MetaTrader 5 | Yes | Yes |
| cTrader | Yes | Yes |
| TradingView | No | Yes |
| Copy Trading | Yes | Yes |
| Forex Pairs | 70+ | 90+ |
| Deposit Methods | Card, Bank, Skrill, Neteller, Crypto | Card, Bank, PayPal, Skrill, Neteller, Crypto |
| Withdrawal Speed | Same day to 1 business day | Same day |
| Execution Type | ECN / DMA | ECN |
FP Markets vs Fusion Markets: Fee Breakdown
When comparing the trading costs between FP Markets and Fusion Markets, it's essential to look beyond just the advertised spreads. We must factor in commissions, swap rates, and non-trading fees like deposit or inactivity charges. FP Markets offers pricing characterized by $3/lot (Raw) alongside 0.0 pips (Raw) spreads. In contrast, Fusion Markets utilizes a model with $4.50/round turn (Zero account) and 0.0 pips (Zero) spreads. For active, high-volume traders, either broker provides the superior cost-efficiency curve.
| Fee Type | FP Markets | Fusion Markets |
|---|---|---|
| EUR/USD Spread | 0.0 pips (Raw) | 0.0 pips (Zero) |
| Commission Defaults | $3/lot (Raw) | $4.50/round turn (Zero account) |
| Execution Model | ECN / DMA | ECN |
| Deposit Fees | None | None |
| Withdrawal Speed | Same day to 1 business day | Same day |
Safety & Regulation: Is FP Markets or Fusion Markets Safer?
Trust is paramount in forex trading. Both FP Markets and Fusion Markets are highly regulated entities, but their jurisdictional footprints differ. FP Markets is armed with 2 Tier-1 licenses and has been securing client funds since 2005. Fusion Markets, licensed since 2019, counters with 1 Tier-1 regulatory bodies overseeing its operations. FP Markets holds a slight edge in absolute tier-1 licenses. Both brokers employ strict client fund segregation.

FP Markets
Tier 1- Regulators:ASIC (Australia)CySEC (Cyprus)SVG FSA
- Investor Protection: Segregated client funds / €20,000 ICF
- Licensed Since: 2005

Fusion Markets
Tier 1- Regulators:ASIC (Australia)VFSC (Vanuatu)
- Investor Protection: Segregated client funds
- Licensed Since: 2019
Platform & Tools Comparison
The software you trade on dictates your execution speed and analytical depth. Both brokers provide industry stalwarts, but divergencies exist. FP Markets equips its clients with MT4, MT5, cTrader, IRESS. Fusion Markets, on the other hand, grants access to MT4, MT5, cTrader, TradingView. If you rely on third-party EA automation, this section heavily dictates your broker choice.
| Feature | FP Markets | Fusion Markets |
|---|---|---|
| MetaTrader 4 | ||
| MetaTrader 5 | ||
| cTrader | ||
| TradingView | ||
| Proprietary Environment | Yes (IRESS) | |
| Copy Trading Network |
Pros & Cons: FP Markets vs Fusion Markets

FP Markets
Pros
- True ECN pricing from 0.0 pips
- ASIC and CySEC regulated
- cTrader and IRESS platforms
- Over 10,000 tradable instruments
- Excellent execution speeds
Cons
- $100 minimum deposit
- IRESS platform has additional fees
- Limited educational content

Fusion Markets
Pros
- One of the lowest commissions in the industry ($4.50 round turn)
- Raw spreads from 0.0 pips
- $0 minimum deposit
- MT4, MT5, cTrader & TradingView
- DupliTrade & Myfxbook copy trading
Cons
- No proprietary platform
- Limited educational content
- Leverage above ASIC caps only via the offshore entity
Expert Verdict: FP Markets vs Fusion Markets
When we place FP Markets and Fusion Markets side-by-side, we observe two distinct philosophies in client servicing. FP Markets, licensed since 2005, has carved out a massive niche focusing on ecn traders, scalpers & australian clients. Their execution model heavily leans into ECN / DMA, and their platform environment highlights MT4.
Conversely, Fusion Markets, operational out of Sydney, Australia, has architected its infrastructure predominantly for low-cost & high-volume traders. Their $4.50/round turn (Zero account) commission structure combined with 0.0 pips (Zero) spreads makes them a formidable competitor.
The Bottom Line: If your primary directive is true ecn pricing from 0.0 pips, and you intend to start with a minimum of $100, FP Markets is the logical path forward. If, however, you value one of the lowest commissions in the industry ($4.50 round turn) and require MT4, Fusion Markets edges out the competition and earns our recommendation.
FP Markets vs Fusion Markets: Frequently Asked Questions
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Risk Warning: Forex and CFD trading involves significant risk of loss. 68–80% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.|Affiliate Disclosure: We may receive compensation from the brokers listed on this page. This does not influence our rankings or reviews, which are based on independent analysis.
Comparison data updated February 2026. Broker terms, spreads, and conditions vary by region and account type. See our methodology | Editorial Policy | Data Sources | Full Disclaimer | Privacy Policy