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InvestinGoal » Fusion Markets vs Pepperstone: Comparison and Analysis

Fusion Markets vs Pepperstone: Comparison and Analysis

Written by Filippo Ucchino Publication Date Last Updated
Our verdict · CFD trading

Pepperstone is better than Fusion Markets for CFD trading in the UK, because it is the only one of the two to offer cTrader and TradingView and gives access to more tradable symbols (1,444 against 247). Pepperstone settles deposits and withdrawals in 1 day against 5 days and holds the account in 10 base currencies against 8. Fusion Markets, on the other hand, has a lower EUR/USD cost (6.95 USD per lot against 9.05 USD) and opens managed accounts, which Pepperstone does not. Fusion Markets is not regulated in the UK, but holds licences from CySEC and ASIC, while Pepperstone is regulated in the UK by the FCA. Both brokers ask for no minimum deposit, offer a demo account and allow scalping, hedging, expert advisors, high-frequency trading strategies, VPS hosting and API access.

Fusion Markets

CFDCFD This broker offers CFD trading: leveraged contracts that follow the price of an asset without owning it. Switch the comparison to CFD to rate it on that. Not regulated in your country Fusion Markets has no licence from the regulator of the country this site is for, so local investor protections do not apply.
Fusion Markets review ›
75CFDOverall score InvestinGoal score from 0 to 100, calculated from the data in this comparison across 12 areas (regulation, safety, costs, platforms and more). CFD and stock trading are scored separately: the number follows the side selected above.
Open Account

73-89% of retail investor accounts lose money when trading CFDs.

Best overall

Pepperstone

CFDCFD This broker offers CFD trading: leveraged contracts that follow the price of an asset without owning it. Switch the comparison to CFD to rate it on that. Regulated in your country Pepperstone holds a licence from the regulator of the country this site is for, so local investor protections apply.
Pepperstone review ›
86CFDOverall score InvestinGoal score from 0 to 100, calculated from the data in this comparison across 12 areas (regulation, safety, costs, platforms and more). CFD and stock trading are scored separately: the number follows the side selected above.
Open Account

89% of retail investor accounts lose money when trading CFDs with this provider.

Best for

What we compare A comparison of the kinds of traders Fusion Markets and Pepperstone are best suited to, based on what each one actually offers in United Kingdom.
1 / 12

Pepperstone is better than Fusion Markets for professional traders and high-volume traders. Scalpers, swing traders and news traders can choose either Pepperstone or Fusion Markets.

Best for
Overall score Fusion Markets 75 -11 Pepperstone 86 Best
Day trading i
Long-term investing i
Professional traders i
High-volume traders i
Scalpers i
Swing traders i
News traders i
Algo traders i
Stock traders i
Crypto traders i
Futures traders i
Options traders i

Regulation

What we compare A comparison between the financial authorities that supervise Fusion Markets and the ones that supervise Pepperstone.
2 / 12

Only Pepperstone is regulated in the UK, by the FCA. Fusion Markets holds no licence in the UK and is regulated by CySEC and ASIC (Australia).

Regulation
Section score Fusion Markets 100 Pepperstone 100
Tier-1 regulators
ESMA (European Union) i CySEC (Cyprus)
FCA (United Kingdom) i
ASIC (Australia) i
CFTC (United States) i
NFA (United States) i
SEC (United States) i
CIRO (Canada) i
MAS (Singapore) i
SFC (Hong Kong) i
JFSA (Japan) i
FINMA (Switzerland) i
Tier-2 regulators
FMA (New Zealand) i
CBR (Russia) i
FSCA (South Africa) i
DFSA (Dubai) i
CSRC (China) i
ISA (Israel) i
LFSA (Malaysia) i
JSC (Jordan) i
CMA (Kenya) i
Tier-3 regulators
FSA (Seychelles) i
MMA (Maldives) i
SCB (Bahamas) i
FSC (Mauritius) i
VFSC (Vanuatu) i
FSC (Belize) i
CIMA (Cayman Islands) i
SV FSA (Saint Vincent and the Grenadines) i
FSRC (St. Kitts & Nevis) i
BMA (Bermuda) i
BVI FSC (British Virgin Islands) i
EDR (External Dispute Resolution) i

Safety

What we compare A comparison of the tools and services that Fusion Markets and Pepperstone have in place to protect your money in United Kingdom.
3 / 12

Both Fusion Markets and Pepperstone offer segregated client funds and two-factor authentication. Pepperstone also offers an investor compensation scheme.

Safety
Section score Fusion Markets 62 -16 Pepperstone 78 Best
Company info
Is it publicly traded i
Is it a bank i
Year founded i 2017 2010
Parent company i Gleneagle Securities Pty Ltd Pepperstone Group Limited
CEO i Phil Horner Tamas Szabo
Money safety
Segregated client funds i
Two-factor authentication i
Investor compensation scheme i
Additional money insurance i
Partner bank i N/A
Brand power
Number of customers worldwide i 900,000
Annual revenue i USD 13,000,000
Monthly website search traffic i 391K monthly visits 1.3M monthly visits

Costs

What we compare A comparison of what it costs to trade with Fusion Markets and with Pepperstone in United Kingdom, both on each trade and on holding the account.
4 / 12

Pepperstone is better than Fusion Markets for costs, given that Pepperstone has tighter gold CFD spreads, at 0.15 points (against Fusion Markets' 0.86 points), does not charge inactivity fees, unlike Fusion Markets, and offers volume discounts, which Fusion Markets does not. Neither Fusion Markets nor Pepperstone charges account maintenance fees or deposit fees.

Costs
Section score Fusion Markets 68 -6 Pepperstone 74 Best
Broker fees
Deposit fees i
Withdrawal fees i
Overnight fees i
Inactivity fees i
Currency conversion fees i
Discounts on volume i
Real time market data fee i
Dividend withholding i
Account opening fees i
Account maintenance fee i
Portfolio management fee i
Fees on CFDs
Forex commission per lot i USD 4.5 USD 6.1
EUR/USD average standard spread i
0.92 pips
1.1 pips
EUR/USD average raw spread i
0.02 pips
0.1 pips
EUR/USD average fixed spread i
EUR/USD total cost per lot i USD 6.95 USD 9.05
S&P 500 fees (CFD) i 0.31 points 0.4 points
Gold fees (CFD) i 0.86 points 0.15 points
Bitcoin fees (CFD) i USD 18.97
US stocks fees (CFD) i Free USD 0.02
Fees on stocks
Stock fee type i Commission, Percentage
US stocks fees (real) i
ETF fees (real) i
Management costs i
Connection costs i
Fees on futures
Futures fees per contract i
Platform fees i
Fees on options
Options fees per contract i
Event fees i
Fees on savings plans
IRA opening fee i
IRA maintenance fee i
401k opening fee i
401k maintenance fee i

Available markets

What we compare A comparison of the markets and products you can trade with Fusion Markets and with Pepperstone in United Kingdom, and of how many instruments each one gives access to.
5 / 12

Pepperstone is better than Fusion Markets for available markets, as Pepperstone offers CFDs on crypto, which Fusion Markets does not, and gives access to 1,444 tradable symbols (against Fusion Markets' 247). Both Fusion Markets and Pepperstone offer CFDs on commodities, forex, indices and stocks.

Available markets
Section score Fusion Markets 65 -10 Pepperstone 75 Best
Total tradable symbols i 247 1,444
Currency pairs i
Indices i
Commodities i
Stocks i
ETF i
Cryptocurrencies i
Bonds i
Interest rates i
Portfolios i
CFDs i Commodities, Forex, Indices, Stocks Commodities, Crypto, Forex, Indices, Stocks
Futures i
Options i
Assets you can own i

Platform

What we compare A comparison of the trading platforms that Fusion Markets and Pepperstone make available to their clients in United Kingdom.
6 / 12

Fusion Markets and Pepperstone are equally good for platforms, as Fusion Markets offers a proprietary platform while Pepperstone offers cTrader and social trading. Fusion Markets and Pepperstone both offer MetaTrader 5 and MetaTrader 4.

Platform
Section score Fusion Markets 92 Pepperstone 92
Proprietary platform i
MetaTrader 4 i
MetaTrader 5 i
cTrader i
Social trading platform i
Copy trading platform i
ZuluTrade i
TradingView i
Duplitrade i
Mirror Trader i
NinjaTrader i
AutoChartist i
Real time pricing i
5 digit pricing i
One-click trading i

Mobile

What we compare A comparison of the mobile apps of Fusion Markets and Pepperstone in United Kingdom, and of what each one lets you do from your phone.
7 / 12

Pepperstone is better than Fusion Markets for mobile trading, since Pepperstone offers a proprietary mobile app, the cTrader app and a mobile watchlist, which Fusion Markets does not. Fusion Markets and Pepperstone both offer the MetaTrader 5 app and the MetaTrader 4 app.

Mobile
Section score Fusion Markets 70 -30 Pepperstone 100 Best
Proprietary app i
Social trading app i
Copy trading app i
MetaTrader 4 app i
MetaTrader 5 app i
cTrader app i
Mobile trading signals i
Mobile alerts i
Mobile charting tools i
Mobile drawing tools i
Mobile watchlist i
Smartwatch app i

Trading features

What we compare A comparison of the trading tools and strategies that Fusion Markets and Pepperstone allow on their platforms in United Kingdom.
8 / 12

Pepperstone is better than Fusion Markets for trading features. Fusion Markets and Pepperstone both offer negative balance protection and trailing stops.

Trading features
Section score Fusion Markets 87 -6 Pepperstone 93 Best
Trade execution
Broker type i NDD NDD
Average execution time i 30 ms
Slippage occurrence i
Requotes occurrence i 0.08%
Tier-1 liquidity providers i
PFOF i
Leverage
Major FX pairs leverage i 30:1 30:1
Minor/Exotic FX pairs leverage i 20:1 20:1
Major indices leverage i 20:1 20:1
Minor indices leverage i 10:1 10:1
Gold leverage i 20:1 20:1
Commodities leverage i 10:1 10:1
Equities leverage i 5:1 5:1
Cryptocurrency leverage i 2:1
Risk management
Stop losses i
Take profits i
Limit orders i
Trailing stop i
Margin call i
OCO orders i
Guaranteed stop loss i
Negative balance protection i
Minimum trade size (FX) i 0.01 lots 0.01 lots
Minimum trade size (stocks) i USD 0 USD 0
Fractional stocks i
Trading compliance
Scalping strategies allowed i
Hedging strategies allowed i
Automated trading strategy allowed i
EAs use allowed i
HFT strategy allowed i
VPS use allowed i
API use allowed i
Price scraping allowed i
FIFO rule applies i

Account types

What we compare A comparison of the kinds of account you can open at Fusion Markets and at Pepperstone in United Kingdom, and of who each one is meant for.
9 / 12

Pepperstone is better than Fusion Markets for account types, because Pepperstone offers a professional traders account and a corporate account, which Fusion Markets does not. Fusion Markets and Pepperstone both offer a demo account and an ECN account.

Account types
Section score Fusion Markets 64 -11 Pepperstone 75 Best
Demo account i
Unlimited demo account i
Standard account i
Micro account i
Cent account i
Nano account i
Raw spread account i
ECN account i
Swap-free account i
Islamic account i
Professional traders account i
Fixed spread account i
Spread betting account i
Copy trading account i
Corporate account i
Managed account i
Stock investing account i
Margin investing account i
Savings account i
Retirement account i

Account opening

What we compare A comparison of what it takes to open and fund an account with Fusion Markets and with Pepperstone in United Kingdom.
10 / 12

Fusion Markets and Pepperstone are equally good for account opening, as Fusion Markets supports e-wallets, which Pepperstone does not. On the other hand, Pepperstone offers 10 account base currencies (against Fusion Markets' 8), and has no minimum withdrawal (against Fusion Markets' 30 USD). Neither Fusion Markets nor Pepperstone requires a minimum deposit.

Account opening
Section score Fusion Markets 82 Pepperstone 80 -2
Minimum deposit i USD 0 USD 0
Minimum withdrawal i USD 30 USD 0
Wire transfers i
Credit cards i
Debit cards i
eWallets i PayPal, Neteller, Skrill
Local payment methods i
Account base currencies i AUD, CAD, EUR, GBP, JPY, SGD, THB, USD AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, SGD, USD
Deposit waiting time i up to 5 business days up to 1 business days
Withdrawal waiting time i up to 5 business days up to 1 business days
Bonus program i

Customer care

What we compare A comparison of the customer support of Fusion Markets and Pepperstone in United Kingdom, in how it can be reached and how fast it answers.
11 / 12

Pepperstone is better than Fusion Markets for customer care, since Pepperstone offers customer support in 10 languages (against Fusion Markets' 1), has a website in 9 languages (against Fusion Markets' 6), and offers a dedicated account manager, which Fusion Markets does not. Fusion Markets and Pepperstone both offer phone support and priority support.

Customer care
Section score Fusion Markets 59 -14 Pepperstone 73 Best
Number of languages supported i 6 10
Website languages i English, Indonesian, Spanish, Thai, Vietnamese, Chinese Arabic, English, Italian, Korean, Polish, Russian, Spanish, Vietnamese, Chinese
Website available in English i
Customer support languages i English Arabic, English, Italian, Korean, Polish, Russian, Spanish, Thai, Vietnamese, Chinese
Customer support in English i
Call back request i
Email support i
Phone support i
Live chat i
Priority customer support i
Dedicated account manager i
Cash sweep i
Stock lending i
Distributes proceeds i
Tax withholding agent i
Tax assistance i

Learning

What we compare A comparison of the educational material that Fusion Markets and Pepperstone provide to their clients in United Kingdom.
12 / 12

Pepperstone is better than Fusion Markets for learning, as Pepperstone offers webinars, daily trading ideas and a glossary, which Fusion Markets does not. Both Fusion Markets and Pepperstone offer education for advanced traders and education for beginners.

Learning
Section score Fusion Markets 64 -24 Pepperstone 88 Best
Education
Education center i
Education for beginners i
Education for advanced traders i
Webinars i
Tutorials i
Glossary i
Research
Economic calendar i
Traders' sentiment i
Daily market commentary i
Daily trading ideas i
News via social media i
Professional reports i
Watchlist i
Fusion Markets
Open Account 73-89% of retail investor accounts lose money when trading CFDs.
Pepperstone
Open Account 89% of retail investor accounts lose money when trading CFDs with this provider.
Our verdict

Fusion Markets vs Pepperstone: which one should you choose?

Fusion Markets

CFD Choose Fusion Markets if you want an online CFD broker with low trading costs.

Open Account 73-89% of retail investor accounts lose money when trading CFDs.
Pepperstone

CFD Choose Pepperstone if you want a CFD and forex broker regulated in the UK by the FCA, with cTrader, TradingView and fast withdrawals.

Open Account 89% of retail investor accounts lose money when trading CFDs with this provider.

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