FP Markets
74.56% of retail investor accounts lose money when trading CFDs with this provider.
Fusion Markets
73-89% of retail investor accounts lose money when trading CFDs.
Best for
What we compare A comparison of the kinds of traders FP Markets and Fusion Markets are best suited to, based on what each one actually offers in .FP Markets is better than Fusion Markets for scalpers. Both are a good fit for swing traders, news traders and algo traders.
| Overall score | FP Markets 84 Best | Fusion Markets 75 -9 |
|---|---|---|
| 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 FP Markets and the ones that supervise Fusion Markets.FP Markets and Fusion Markets are both regulated by top-tier authorities, including CySEC and ASIC (Australia).
| Section score | FP Markets 100 | Fusion Markets 100 |
|---|---|---|
| Tier-1 regulators | ||
| ESMA (European Union) i | CySEC (Cyprus) | 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 FP Markets and Fusion Markets have in place to protect your money in .Both FP Markets and Fusion Markets offer segregated client funds and an investor compensation scheme.
| Section score | FP Markets 79 Best | Fusion Markets 75 -4 |
|---|---|---|
| Company info | ||
| Is it publicly traded i | ||
| Is it a bank i | ||
| Year founded i | 2005 | 2017 |
| Parent company i | First Prudential Markets Pty Ltd | Gleneagle Securities Pty Ltd |
| CEO i | Craig Allison | Phil Horner |
| 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 | ||
| Annual revenue i | ||
| Monthly website search traffic i | 563.6K monthly visits | 391K monthly visits |
Costs
What we compare A comparison of what it costs to trade with FP Markets and with Fusion Markets in , both on each trade and on holding the account.Fusion Markets is better than FP Markets for costs, given that Fusion Markets is cheaper on EUR/USD, at 6.85 USD per lot (against FP Markets' 9.5 USD), and does not charge withdrawal fees, unlike FP Markets. Neither FP Markets nor Fusion Markets charges account maintenance fees or deposit fees.
| Section score | FP Markets 61 -7 | Fusion Markets 68 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 6 | USD 4.5 |
| EUR/USD average standard spread i | ||
| EUR/USD average raw spread i | ||
| EUR/USD average fixed spread i | ||
| EUR/USD total cost per lot i | USD 9.5 | USD 6.85 |
| S&P 500 fees (CFD) i | 0.25 points | 0.3 points |
| Gold fees (CFD) i | 0.25 points | |
| Bitcoin fees (CFD) i | USD 19.38 | |
| US stocks fees (CFD) i | 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 FP Markets and with Fusion Markets in , and of how many instruments each one gives access to.FP Markets and Fusion Markets are close on available markets. Both FP Markets and Fusion Markets offer CFDs on commodities, crypto, forex, indices and stocks. FP Markets goes a step further, as it offers CFDs on ETFs, and gives access to 10,000 tradable symbols (against Fusion Markets' 247).
| Section score | FP Markets 75 | Fusion Markets 75 |
|---|---|---|
| Total tradable symbols i | 10,000 | 247 |
| Currency pairs i | ||
| Indices i | ||
| Commodities i | ||
| Stocks i | ||
| ETF i | ||
| Cryptocurrencies i | ||
| Bonds i | ||
| Interest rates i | ||
| Portfolios i | ||
| CFDs i | Commodities, Crypto, ETF, 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 FP Markets and Fusion Markets make available to their clients in .FP Markets is better than Fusion Markets for platforms, because FP Markets offers cTrader, MetaTrader 4 and TradingView, which Fusion Markets does not. Both FP Markets and Fusion Markets offer MetaTrader 5 and one-click trading.
| Section score | FP Markets 80 Best | Fusion Markets 66 -14 |
|---|---|---|
| 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 FP Markets and Fusion Markets in , and of what each one lets you do from your phone.FP Markets is better than Fusion Markets for mobile trading, because FP Markets offers a proprietary mobile app, the cTrader app and the MetaTrader 4 app, which Fusion Markets does not. FP Markets and Fusion Markets both offer the MetaTrader 5 app and mobile trading signals.
| Section score | FP Markets 93 Best | Fusion Markets 70 -23 |
|---|---|---|
| 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 FP Markets and Fusion Markets allow on their platforms in .FP Markets is better than Fusion Markets for trading features, since FP Markets allows for scalping. FP Markets and Fusion Markets both offer negative balance protection and trailing stops.
| Section score | FP Markets 87 Best | Fusion Markets 81 -6 |
|---|---|---|
| Trade execution | ||
| Broker type i | NDD | NDD |
| Average execution time i | 40 ms | |
| Slippage occurrence i | ||
| Requotes occurrence i | ||
| Tier-1 liquidity providers i | ||
| PFOF i | ||
| Leverage | ||
| Major FX pairs leverage i | 30:1About this value. This is the major fx pairs leverage at First Prudential Markets Ltd (CySEC). At FP Markets' other companies: 500:1 (other accepted countries), 30:1 (Australia). | 30:1About this value. This is the major fx pairs leverage at Fusion Markets EU Ltd (CySEC). At Fusion Markets' other companies: 30:1 (Australia), 500:1 (other accepted countries). |
| Minor/Exotic FX pairs leverage i | 20:1About this value. This is the minor/exotic fx pairs leverage at First Prudential Markets Ltd (CySEC). At FP Markets' other companies: 500:1 (other accepted countries), 20:1 (Australia). | 20:1About this value. This is the minor/exotic fx pairs leverage at Fusion Markets EU Ltd (CySEC). At Fusion Markets' other companies: 20:1 (Australia), 500:1 (other accepted countries). |
| Major indices leverage i | 20:1About this value. This is the major indices leverage at First Prudential Markets Ltd (CySEC). At FP Markets' other companies: 200:1 (other accepted countries), 20:1 (Australia). | 20:1About this value. This is the major indices leverage at Fusion Markets EU Ltd (CySEC). At Fusion Markets' other companies: 20:1 (Australia), 100:1 (other accepted countries). |
| Minor indices leverage i | 10:1About this value. This is the minor indices leverage at First Prudential Markets Ltd (CySEC). At FP Markets' other companies: 200:1 (other accepted countries), 10:1 (Australia). | 10:1About this value. This is the minor indices leverage at Fusion Markets EU Ltd (CySEC). At Fusion Markets' other companies: 10:1 (Australia), 100:1 (other accepted countries). |
| Gold leverage i | 20:1About this value. This is the gold leverage at First Prudential Markets Ltd (CySEC). At FP Markets' other companies: 500:1 (other accepted countries), 20:1 (Australia). | 20:1About this value. This is the gold leverage at Fusion Markets EU Ltd (CySEC). At Fusion Markets' other companies: 20:1 (Australia), 500:1 (other accepted countries). |
| Commodities leverage i | 10:1About this value. This is the commodities leverage at First Prudential Markets Ltd (CySEC). At FP Markets' other companies: 500:1 (other accepted countries), 10:1 (Australia). | 10:1About this value. This is the commodities leverage at Fusion Markets EU Ltd (CySEC). At Fusion Markets' other companies: 10:1 (Australia), 500:1 (other accepted countries). |
| Equities leverage i | 5:1About this value. This is the equities leverage at First Prudential Markets Ltd (CySEC). At FP Markets' other companies: 20:1 (other accepted countries), 5:1 (Australia). | 5:1About this value. This is the equities leverage at Fusion Markets EU Ltd (CySEC). At Fusion Markets' other companies: 5:1 (Australia), 20:1 (other accepted countries). |
| Cryptocurrency leverage i | 2:1About this value. This is the cryptocurrency leverage at First Prudential Markets Ltd (CySEC). At FP Markets' other companies: 5:1 (other accepted countries), 2:1 (Australia). | 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 FP Markets and at Fusion Markets in , and of who each one is meant for.FP Markets and Fusion Markets are equally good for account types, as FP Markets offers a corporate account and an unlimited demo account while Fusion Markets offers a managed account and a copy trading account. FP Markets and Fusion Markets both offer a demo account and an ECN account.
| Section score | FP Markets 51 -1 | Fusion Markets 52 |
|---|---|---|
| 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 FP Markets and with Fusion Markets in .Fusion Markets is better than FP Markets for account opening, given that Fusion Markets does not require a minimum deposit (against FP Markets' 100 USD), and offers 8 account base currencies (against FP Markets' 2). Both FP Markets and Fusion Markets offer credit cards and debit cards.
| Section score | FP Markets 72 -10 | Fusion Markets 82 Best |
|---|---|---|
| Minimum deposit i | USD 100About this value. This is the minimum deposit at First Prudential Markets Ltd (CySEC). At FP Markets' other companies: USD 100 (other accepted countries), USD 0 (Australia). | USD 0 |
| Minimum withdrawal i | USD 0 | USD 30 |
| Wire transfers i | ||
| Credit cards i | ||
| Debit cards i | ||
| eWallets i | PayPal, Neteller, SkrillAbout this value. This is the ewallets at First Prudential Markets Ltd (CySEC). It is different at FP Markets' companies in other accepted countries. | PayPal, Neteller, Skrill |
| Local payment methods i | ||
| Account base currencies i | EUR, USDAbout this value. This is the account base currencies at First Prudential Markets Ltd (CySEC). It is different at FP Markets' companies in other accepted countries and Australia. | AUD, CAD, EUR, GBP, JPY, SGD, THB, USDAbout this value. This is the account base currencies at Fusion Markets EU Ltd (CySEC). It is different at Fusion Markets' companies in Australia. |
| Deposit waiting time i | up to 1 business days | up to 5 business days |
| Withdrawal waiting time i | up to 1 business days | up to 5 business days |
| Bonus program i |
Customer care
What we compare A comparison of the customer support of FP Markets and Fusion Markets in , in how it can be reached and how fast it answers.FP Markets is better than Fusion Markets for customer care, because FP Markets offers customer support in 12 languages (against Fusion Markets' 1), has a website in 10 languages (against Fusion Markets' 6), and offers a dedicated account manager, which Fusion Markets does not. Both FP Markets and Fusion Markets offer phone support and priority support.
| Section score | FP Markets 87 Best | Fusion Markets 59 -28 |
|---|---|---|
| Number of languages supported i | 12 | 6 |
| Website languages i | Arabic, German, English, French, Italian, Malay, Portuguese, Russian, Spanish, Vietnamese | English, Indonesian, Spanish, Thai, Vietnamese, Chinese |
| Website available in English i | ||
| Customer support languages i | Arabic, German, English, French, Indonesian, Italian, Korean, Malay, Portuguese, Spanish, Thai, Chinese | English |
| 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 FP Markets and Fusion Markets provide to their clients in .FP Markets is better than Fusion Markets for learning, because FP Markets offers webinars, professional reports and daily trading ideas, which Fusion Markets does not. Both FP Markets and Fusion Markets offer education for advanced traders and education for beginners.
| Section score | FP Markets 100 Best | Fusion Markets 64 -36 |
|---|---|---|
| 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 | ||
FP Markets vs Fusion Markets: which one should you choose?
FP Markets
CFD/FX Choose FP Markets if you want a forex broker for scalping with cTrader and TradingView.
Open Account 74.56% of retail investor accounts lose money when trading CFDs with this provider.
Fusion Markets
CFD/FX Choose Fusion Markets if you want an online CFD broker with low trading costs and no minimum deposit.
Open Account 73-89% of retail investor accounts lose money when trading CFDs.Other popular comparisons
Below are other head-to-head comparisons that include FP Markets or Fusion Markets, each scored with the same data and method as this page.
