Best Fusion Markets Alternatives
Fusion Markets is a discount forex broker based in Australia that was launched in 2010. Fusion Markets, based in Melbourne, Australia, is the brainchild of a group of seasoned forex traders.
Its founders have over 50 years of combined expertise. The Australian Securities and Investments Commission (ASIC) and the Vanuatu Financial Services Commission (VFSC) regulate it.
There are many areas on which Fusion Markets can be compared with other forex brokers. You can check the pros and cons of the broker in our Fusion Markets review.
Below you can take a look at some of the Fusion Markets alternatives.
| Fusion Markets Alternatives | Alternative for: | Minimum Deposit |
|---|---|---|
| IC Markets | Scalping, MAM/PAMM Account and $0 minimum deposit | $0 |
| Pepperstone | Scalping, Spread Betting and MAM/PAMM Account | $0 |
| Axi | Low spreads, Spread Betting, MAM account | $0 |
| Vantage FX | MAM/PAMM, Spread Betting and Scalping | $200 |
| AvaTrade | Fixed spreads and Spread Betting | $100 |
| CMC Markets | Wide assets range, unlimited demo account and $0 minimum deposit | $0 |
| eToro | Copy trading and crypto trading | $200 |
| Admiral Markets | Wide range of assets (both CFD and real) | $100 ($1 Invest Account) |
| FXCM | Spread Betting and unlimited demo account | $50 ($300 for UK and EU traders) |
| Oanda | Spread Betting, low spreads for Australian traders and unlimited demo | $0 |
WARNING
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
Between 74-89% of retail investor accounts lose money when trading CFDs.
You should consider whether you can afford to take the high risk of losing your money
Table of contents
Fusion Markets Scalping and Low Spread Alternatives
Spreads is how your broker make money, and you don’t want to open an account with the broker that offers high spreads.
You can checkout the top 10 low spread forex brokers.
| Broker | Minimum Deposit | Avg Spreads EUR/USD |
|---|---|---|
| IC Markets | $0 | 0.1 pips |
| Pepperstone | $0 | 0.09 pips |
| Axi | $0 | 0.2 pips |
| Admiral Markets | $100 ($1 Invest Account) | 0.1 pips |
Fusion Markets Copy Trading Alternatives
Fusion Markets allow you to copy trades of some of the market experts. However, maybe you aren’t willing to give Fusion Markets copy trading service a shot. So, take a sneak peak at the top 10 copy trading best platforms.
| Broker | Minimum Deposit | Copy Trading Platform |
|---|---|---|
| eToro | $200 | WebTrader |
| IC Markets | $0 | ZuluTrade |
| Pepperstone | $0 | DupliTrade, Myfxbook |
| Axi | $0 | ZuluTrade (depending on your location), Myfxbook |
| AvaTrade | $100 | ZuluTrade, DupliTrade |
Fusion Markets Spread Betting Alternatives
Many brokers like Fusion Markets allow spread betting for the UK and Ireland clients. If you are one of them, you can take a look at the top 10 UK spread betting forex brokers.
| Broker | Minimum Deposit | Minimum bet |
|---|---|---|
| Pepperstone | $0 | 0.2£ |
| Axi | $0 | N/A |
| Vantage FX | $200 | N/A |
| AvaTrade | $100 | 0.10 per point |
| CMC Markets | $0 | 50p per point for indices, FX and commodities; £1 per point for most shares; 10p per point for US shares |
| FXCM | $50 ($300 for EU and UK traders) | 7p or 7 cents |
| Oanda | $0 | 0.0001p |
Fusion Markets MAM/PAMM Account Alternatives
Fusion Markets PAMM/MAM accounts allows you to manage funds inside their MetaFX platform. But it comes with the cost of $500.
So, you can checkout the top 10 pamm forex brokers.
| Broker | Minimum Deposit | N. methods of allocation |
|---|---|---|
| IC Markets | $0 | 10 |
| Pepperstone | $0 | 3 |
| Axi | $0 | 6 |
Choosing a Fusion Markets Alternative: Main perks and characteristics
Fusion Markets is an Australian-regulated broker that provides the user-friendly yet powerful MetaTrader platforms for desktop, online, and mobile devices.
The broker provides excellent trading conditions, including a $2.25 per lot commission ($4.5 round turn), no deposit fees, and no minimum account size. They offer tight spreads, quick trade execution, and a variety of trading tools to help traders with their day-to-day trading activities.
If you want to dig depper on this broker, you can check our detailed Fusion Markets review.
What is Fusion Markets missing?
No broker is perfect, and the same goes for Fusion Markets. It accelarets in some areas while lags in others. If you are in search of a forex broker, you can check our list of top 10 best forex brokers in the world.
Here’s what Fusion Markets is missing:
- Spread betting
- FCA Regulation
- Cryptocurrencies
- Cent accounts
- Not available in the USA
Fusion Markets Alternatives Comparison
WARNING
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
Between 74-89% of retail investor accounts lose money when trading CFDs.
You should consider whether you can afford to take the high risk of losing your money
| Feature | Minimum Deposit | CFD assets | Real assets | Raw Spreads from 0 pips | Copy Trading | Execution |
|---|---|---|---|---|---|---|
| Fusion Markets | $0 | Yes | No | Yes | Yes | NDD |
| IC Markets | $0 | Yes | No | Yes | Yes | ECN |
| Pepperstone | $0 | Yes | No | Yes | Yes | ECN/STP |
| Axi | $0 | Yes | No | Yes | Yes | ECN |
| Vantage FX | $200 | Yes | No | Yes | Yes | ECN/STP |
| AvaTrade | $100 | Yes | No | No | Yes | Market Maker |
| CMC Markets | $0 | Yes | Yes | No | No | DMA |
| eToro | $200 | Yes | Yes | No | Yes | STP |
| Admiral Markets | $100 ($1 Invest Account) | Yes | Yes | Yes | No | ECN/STP |
| FXCM | $50 ($300 for UK and EU traders) | Yes | Yes | No | No | STP |
| Oanda | $0 | Yes | Yes | Yes | No | Market Maker |
Fusion Markets Alternatives FAQ
Which is Fusion Markets’ best alternative?
Fusion Markets’ best alternative is IC Markets. Speaking of the characteristics in details, for scalping the best alternative is IC Markets, for copy trading is eToro, for spread betting is Pepperstone, for the functionalities of PAMM Account is IC Markets.
Is Pepperstone a better broker than Fusion Markets?
Either Pepperstone and Fusion Markets are good brokers with low spreads, good trading platforms and copy trading services. Pepperstone allows spread betting and presents a wider range of account base currencies. Fusion Markets, though, has a 0$ minimum deposit.
About the Author
Anthony Gallagher
Anthony is a financial journalist and business advisor with several years’ experience writing for some of the most well-known sites in the Forex world.
A trader turned industry writer, he is currently based in Shanghai with a finger on the pulse of Asia’s biggest markets.
He is a keen golfer with a very high handicap so when not helping you find the best broker for your needs, you may find him on the course or just as likely following any number of sports from the comfort of his sofa.
