Menu
Policy and Terms What is InvestinGoal

InvestinGoal » Best Online Brokers » Compare Brokers » Fusion Markets vs Pepperstone

Fusion Markets vs Pepperstone: Comparison and Analysis

Written by Filippo Ucchino Fact-Checked by Luca Puddu Publication Date Last Updated
Our verdict · CFD/FX trading

Pepperstone has a clear advantage over Fusion Markets for CFD trading, thanks to MetaTrader 4, cTrader, TradingView and a proprietary trading platform. Pepperstone offers ETFs to trade, executes orders in 30 ms and has faster withdrawals (1 day against 5 days). Fusion Markets, on the other hand, has a lower EUR/USD cost (6.85 USD per lot against 9.50 USD). Fusion Markets is regulated by CySEC and ASIC, with an offshore company regulated by the FSA (Seychelles). Pepperstone is regulated by CySEC, BaFin, the FCA, ASIC and the DFSA, with an offshore company regulated by the SCB (Bahamas). Fusion Markets and Pepperstone both ask for no minimum deposit at any of their companies and both offer a demo account. Every Fusion Markets company offers crypto CFDs, while Pepperstone offers them except at its UK company.

Fusion Markets

CFDCFD Fusion Markets offers CFD trading: leveraged contracts that follow the price of an asset without owning it. Switch the comparison to CFD/FX to rate it on that. FXFX Fusion Markets offers forex trading: currency pairs such as EUR/USD, traded with leverage. Forex is rated together with CFDs, on the CFD/FX side.
Fusion Markets review ›
75CFD/FXOverall score Fusion Markets scores 75/100 for CFD/FX trading. The overall score is calculated from the data in this comparison across 12 areas.
Open Account

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

Best overall

Pepperstone

CFDCFD Pepperstone offers CFD trading: leveraged contracts that follow the price of an asset without owning it. Switch the comparison to CFD/FX to rate it on that. FXFX Pepperstone offers forex trading: currency pairs such as EUR/USD, traded with leverage. Forex is rated together with CFDs, on the CFD/FX side.
Pepperstone review ›
86CFD/FXOverall score Pepperstone scores 86/100 for CFD/FX trading. The overall score is calculated from the data in this comparison across 12 areas.
Open Account

72.9% 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 .
1 / 12

Pepperstone is better than Fusion Markets for professional traders, high-volume traders and scalpers. Swing traders, news traders and algo 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

Fusion Markets and Pepperstone are both regulated by top-tier authorities, Fusion Markets by CySEC and ASIC (Australia) and Pepperstone by BaFin, CySEC and ASIC (Australia).

Regulation
Section score Fusion Markets 100 Pepperstone 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 Fusion Markets and Pepperstone have in place to protect your money in .
3 / 12

Both Fusion Markets and Pepperstone offer segregated client funds and an investor compensation scheme.

Safety
Section score Fusion Markets 75 -3 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 , both on each trade and on holding the account.
4 / 12

Pepperstone is better than Fusion Markets for costs, given that Pepperstone 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 -4 Pepperstone 72 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 7
EUR/USD average standard spread i
0.9 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 6.85 USD 9.5
S&P 500 fees (CFD) i 0.3 points 0.47 points
Gold fees (CFD) i 0.5 points
Bitcoin fees (CFD) i
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 Fusion Markets and with Pepperstone in , and of how many instruments each one gives access to.
5 / 12

There is little between Fusion Markets and Pepperstone on available markets. Both Fusion Markets and Pepperstone offer CFDs on commodities, crypto, forex, indices and stocks. Pepperstone has a slight edge, as it offers CFDs on ETFs, and gives access to 1,444 tradable symbols (against Fusion Markets' 247).

Available markets
Section score Fusion Markets 75 Pepperstone 75
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, Crypto, Forex, Indices, Stocks Commodities, Crypto, ETF, 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 .
6 / 12

Pepperstone is better than Fusion Markets for platforms, since Pepperstone offers a proprietary platform, cTrader and MetaTrader 4, which Fusion Markets does not. Both Fusion Markets and Pepperstone offer MetaTrader 5 and copy trading.

Platform
Section score Fusion Markets 66 -34 Pepperstone 100 Best
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 , 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 the MetaTrader 4 app, which Fusion Markets does not. Fusion Markets and Pepperstone both offer the MetaTrader 5 app and a social trading 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 .
8 / 12

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

Trading features
Section score Fusion Markets 81 -12 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 30:1About 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). 30:1About this value. This is the major fx pairs leverage at Pepperstone EU Limited (CySEC). At Pepperstone's other companies: 200:1 (the UAE, other accepted countries), 30:1 (the EU, Australia, the UK).
Minor/Exotic FX pairs leverage i 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). 20:1About this value. This is the minor/exotic fx pairs leverage at Pepperstone EU Limited (CySEC). At Pepperstone's other companies: 200:1 (the UAE, other accepted countries), 20:1 (the EU, Australia, the UK).
Major indices leverage i 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). 20:1About this value. This is the major indices leverage at Pepperstone EU Limited (CySEC). At Pepperstone's other companies: 200:1 (the UAE, other accepted countries), 20:1 (the EU, Australia, the UK).
Minor indices leverage i 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). 10:1About this value. This is the minor indices leverage at Pepperstone EU Limited (CySEC). At Pepperstone's other companies: 100:1 (the UAE, other accepted countries), 10:1 (the EU, Australia, the UK).
Gold leverage i 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). 20:1About this value. This is the gold leverage at Pepperstone EU Limited (CySEC). At Pepperstone's other companies: 200:1 (the UAE, other accepted countries), 20:1 (the EU, Australia, the UK).
Commodities leverage i 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). 10:1About this value. This is the commodities leverage at Pepperstone EU Limited (CySEC). At Pepperstone's other companies: 50:1 (the UAE, other accepted countries), 10:1 (the EU, Australia, the UK).
Equities leverage i 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). 5:1About this value. This is the equities leverage at Pepperstone EU Limited (CySEC). At Pepperstone's other companies: 20:1 (the UAE, other accepted countries), 5:1 (the EU, Australia, the UK).
Cryptocurrency leverage i 2:1 2:1About this value. This is the cryptocurrency leverage at Pepperstone EU Limited (CySEC). At Pepperstone's other companies: 20:1 (the UAE, other accepted countries), 2:1 (the EU, Australia).
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 , 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, a corporate account and an Islamic 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 52 -23 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 .
10 / 12

Fusion Markets is better than Pepperstone for account opening, since Fusion Markets offers 8 account base currencies (against Pepperstone's 4), and supports 3 e-wallets (against Pepperstone's 1). Neither Fusion Markets nor Pepperstone requires a minimum deposit.

Account opening
Section score Fusion Markets 82 Best Pepperstone 70 -12
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 PayPalAbout this value. This is the ewallets at Pepperstone EU Limited (CySEC). It is different at Pepperstone's companies in the UAE, Australia and other accepted countries.
Local payment methods i
Account base currencies i 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. GBP, USD, EUR, CHFAbout this value. This is the account base currencies at Pepperstone EU Limited (CySEC). It is different at Pepperstone's companies in the UAE, the EU, other accepted countries and Australia.
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 , 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 .
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 72.9% 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/FX 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/FX Choose Pepperstone if you want a forex broker with cTrader, TradingView and a proprietary trading platform.

Open Account 72.9% of retail investor accounts lose money when trading CFDs with this provider.

Other popular comparisons

Below are other head-to-head comparisons that include Fusion Markets or Pepperstone, each scored with the same data and method as this page.

FP Markets vs Fusion Markets HFM vs Pepperstone Fusion Markets vs IC Markets Pepperstone vs Plus500 Interactive Brokers vs Pepperstone FP Markets vs Pepperstone

Select your language

Offers shown for visitors in: