We may earn a commission if you sign up through our links. Learn how we make money and the numbers behind trading.
Rankings updated November 2026

Fusion Markets vs MultiBank FX

Your capital is at risk. Trade only with funds you can afford to lose.

Higher rated

Fusion Markets

4.6/5

#6 in our CFD broker rankings

Denmark flag Accepts traders from Denmark

Rating breakdown

  • Regulation & trust4.11.1 higher than MultiBank FX (3.0)
  • Assets & markets3.50.5 higher than MultiBank FX (3.0)
  • Fees & costs4.41.4 higher than MultiBank FX (3.0)
  • Platforms & tools4.00.2 lower than MultiBank FX (4.2)
  • Accounts & banking4.20.4 higher than MultiBank FX (3.8)
  • Education3.00.3 lower than MultiBank FX (3.3)
  • Research3.50.2 higher than MultiBank FX (3.3)
  • Customer support4.50.5 higher than MultiBank FX (4.0)

MultiBank FX’s score. Numbers show the difference.

MultiBank FX

3.5/5

#61 in our CFD broker rankings

Denmark flag Accepts traders from Denmark

Rating breakdown

  • Regulation & trust3.01.1 lower than Fusion Markets (4.1)
  • Assets & markets3.00.5 lower than Fusion Markets (3.5)
  • Fees & costs3.01.4 lower than Fusion Markets (4.4)
  • Platforms & tools4.20.2 higher than Fusion Markets (4.0)
  • Accounts & banking3.80.4 lower than Fusion Markets (4.2)
  • Education3.30.3 higher than Fusion Markets (3.0)
  • Research3.30.2 lower than Fusion Markets (3.5)
  • Customer support4.00.5 lower than Fusion Markets (4.5)

Fusion Markets’s score. Numbers show the difference.

Fusion Markets vs MultiBank FX comparison table 2026
Fusion MarketsMultiBank FX
OverviewFusion Markets is an online broker established in 2017 and regulated by the ASIC, VFSC and FSA. It is best known for its low-cost forex and CFD trading, although its multiple account types and copy trading solutions cater to a range of traders. New clients can sign up and start trading in 3 easy steps.MultiBank FX is an established broker offering forex and CFD products since 2005. With 20,000+ instruments, plenty of local payment methods and 24/7 multilingual customer support, the broker is a popular choice among traders globally. New clients can also access a variety of bonus offers and access the hugely popular MT4 and MT5 trading platforms.
Customer Reviews
3.6
Based on 5 customer reviews
–
Trustpilot Score
4.8
–
Bonus Offer–20% deposit bonus
Comment by Reviewer“Fusion Markets is a standout option for forex traders looking for excellent pricing with spreads near zero, industry-low commissions and recently TradingView integration. It’s a particularly good broker for Australian traders where the company is headquartered and regulated by the ASIC.”“MultiBank FX is a great option for active forex traders with 55 currency pairs, spreads from 0.0 pips and high leverage up to 1:500.”
Pros
  • Fusion Markets offers best-in-class support with very fast, friendly and helpful responses during tests and no frustrating automated chatbot to navigate.
  • Average execution speeds of around 37 milliseconds are noticeably faster than many rivals and can help day traders secure optimal prices in fast-moving markets.
  • Withdrawal processing times have been slashed to under an hour and can be processed 24/7, making it faster and easier for active traders to withdraw any gains.
  • The range of charting platforms and social trading features is excellent, with MT4, MT5, cTrader and more recently TradingView, catering to a wide range of trader preferences.
  • Fusion Markets is set up to support algo traders with a sponsored VPS solution and a 25% discount if you opt for the NYC Servers VPS for MT4 or cTrader.
  • MultiBank revamped its web and mobile platform in 2024, now offering a slick design that matches the website and a powerful TradingView charting package
  • MultiBank is expanding its presence in the Middle East with an Abu Dhabi office and stock CFDs from the Dubai Financial Market (DFM) and Abu Dhabi Securities Exchange (ADX)
  • MultiBank has a global presence with 10+ regulatory licenses, including ASIC (Australia) and MAS (Singapore) - 'green tier' bodies
  • There's MAM, PAMM and FIX API access for high-volume or pro traders, plus EAs and VPS hosting for algorithmic trading, making it a solid broker for serious traders
Cons
  • There is no proprietary trading platform or app built with beginners in mind, a notable drawback compared to AvaTrade.
  • Traders outside of Australia and Europe must sign up with weakly regulated global entities with limited safeguards, though in August 2026 they made negative balance protection available to all eligible accounts.
  • Fusion Market trails alternatives, notably IG, in the education department with limited guides and live video sessions to upskill new traders.
  • While the selection of currency pairs trumps most rivals, the broker's alternative investment offering is average with no stock CFDs beyond the US.
  • The demo account expires after 30 days, limiting its potential as a useful trading tool alongside a real-money account.
  • MultiBank charges a $60 monthly inactivity fee, which is significantly higher than the industry average from our broker tests
  • The education and market research from MultiBank still needs work, trailing the best brokers in this category like IG and XTB
  • The $5,000 minimum deposit required to access the tightest ECN spreads makes for a high entry barrier for many retail traders
  • We've seen rising user complaints concerning frozen accounts, blocked withdrawals, and issues with bonus terms
Awards
  • Best Aus Broker Runner Up 2025 - DayTrading.com
  • Best Gold Broker 2023 - FX Empire
  • Best Forex Broker 2023 - Fintech & Crypto Summit Bahrain
  • Chairman Of The Year 2023 - Le Fonti Awards Dubai
  • Leading Financial Derivatives Institution 2023 - Le Fonti Awards Dubai
  • The Most Trusted Broker In The Middle East 2023 - Ultimate Fintech
  • Best Broker Of The Year 2022 - Traders Union
  • Best Globally Recognized Forex Broker 2022 - Forex Expo Dubai
  • Best Crypto Broker Asia & Europe 2022 - Global Brands Magazine
  • Best Financial Derivatives Broker Asia & Europe 2022 - Global Brands Magazine
  • Best Global Broker 2022 - Pan Finance
  • Best Global Forex Chairman Of The Year 2022 - Global Business Review Magazine
  • Best New Global Asset Digital Exchange - MultiBank Crypto Exchange 2022 - Global Business Review Magazine
  • The 50 Most Influential Figures In Global Financial Markets 2022 - Forex Traders Summit Dubai
  • Best Global Crypto Broker 2021 - Forex Expo Dubai
  • Bets Global Broker 2021 - Finance Magnates
  • Best Broker MENA 2021 - Finance Magnates
  • Best Broker Africa 2021 - Finance Magnates
  • Best Broker LATAM 2021 - Finance Magnates
  • Most Trusted Global Broker 2021 - Global Business Review Magazine
  • The 50 Most Influential Figures In Global Financial Markets 2021 - Forex Traders Summit Dubai
  • Best FX Service Provider 2020 - International Business Magazine
  • Best FX Customer Service 2020 - Forex Awards
  • Best Apac Region Broker 2020 - International Financial Awards
  • Best Forex & CFD Broker 2019 - Jordan Forex & Expo Awards
  • Financial Services Provider of the Year Asia 2019 - Global Brands Magazine
  • Best Forex Trading Platform Hong Kong 2018 - International Finance Magazine
InstrumentsCFDs, Forex, Stocks, Indices, Commodities, CryptoForex, CFDs, indices, shares, metals, commodities, cryptocurrencies
Demo AccountYesYes
Minimum Deposit$0$50
Trading Platforms
  • MT4
  • MT5
  • cTrader
  • TradingView
  • DupliTrade
  • MultiBank-Plus
  • MT4
  • MT5
  • cTrader
Payment Methods
Minimum Trade0.01 Lots0.1 Lots
RegulatorASIC, CySEC, VFSC, FSASCA, MAS, CySEC, ASIC, AUSTRAC, BaFin, FSC, TFG, VFSC
Margin TradingYesNo
STP AccountNoNo
ECN AccountYesYes
DMA AccountNoNo
MAM AccountYesNo
PAMM AccountYesNo
LAMM AccountNoNo
Demat AccountNoNo
AI / Machine LearningNoNo
Robo AdvisorNoNo
Negative Balance ProtectionYesNo
Market MakerNoYes
P2P TradingNoNo
Spot TradingYesYes
Mobile AppsiOS & AndroidYes
App ReviewFusion Markets offers seamless integration with the cTrader, MT4, MT5 and TradingView apps, available on Android or iOS. Although we find the design of the MetaTrader app increasingly outdated, detracting from the user experience, it excels for its premium charting package, integrated news stream and push notifications. The cTrader app performed even better during tests, featuring a superior design and an extensive suite of over 70 indictors and 26 timeframes, making it the obvious choice for advanced day traders.–
Android App Rating
4.4
4.2
iOS App Rating
4.8
5
Auto TradingExpert Advisors (EAs) on MetaTrader, cBots on cTraderYes (APIs)
Copy TradingYesYes
Copy Trading PlatformFusion+, the broker's native copy trading platform, offers access to experienced traders with low fees and a hassle-free follower process. Alternatively, a third-party tool, DupliTrade, connects aspiring investors with established traders, ensuring a choice of hands-free solutions for different preferences.Clients can start copy trading in three simple steps at MultiBank FX, gaining access to profitable online traders from around the world. Build a diverse portfolio while learning from experienced investors and saving time on market research.
Social TradingYesYes
Trade Signals–Yes
VPS HostingYesNo
TournamentsNoNo
Demo CompetitionsNoYes
Ethical InvestingNoNo
Custodial AccountNoNo
Guaranteed Stop LossNoNo
Inactivity Fee$0–
Islamic AccountYesYes
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • NZD
  • JPY
  • CHF
  • HKD
  • SGD
–
Stock Exchanges
Commodities
CFD Trading
OverviewYou can go long or short on a range of CFDs covering forex, commodities, shares, indices and cryptos. High leverage up to 1:500 is available for experienced traders in some locations, whilst beginners will appreciate access to micro-lots. There are no restrictions on short-term trading strategies using CFDs.Access thousands of CFDs with competitive pricing and leverage up to 1:500. A range of asset classes are available, including currencies, shares, indices, metals and commodities. CFDs can be traded on the market-leading MetaTrader platforms.
Leverage1:301:500
FTSE Spread1.0Not offered
GBPUSD Spread0.130.8
Oil Spread2.00.03
Stocks Spread0.01 Variable
Forex Trading
OverviewFusion Markets offers an excellent selection of 90+ currency pairs, providing a range of short-term trading opportunities. It continues to excel for its ultra-tight spreads from 0.0 pips and exceptionally low commissions of $2.25 per side. You also get access to leading forex software in MetaTrader 4.MultiBank FX offers trading on 50+ major, minor and exotic currency pairs. Spreads are tighter than many competitors and the broker offers higher leverage than most alternatives. Automated trading strategies are also permitted.
GBPUSD Spread0.130.8
EURUSD Spread0.050.3
EURGBP Spread0.090.8
Assets90+45+
Cryptocurrency
OverviewFusion Markets offers the best-known crypto tokens paired with USD, and up to 1:10 leverage depending on your location. Bitcoin spreads are competitive starting from 0.04%, while it shines for its top-notch charting tools in MT4, MT5, cTrader and TradingView.Trade a selection of the top cryptos against the US Dollar, including Bitcoin, Polkadot and Stellar with 50% leverage. Traders also benefit from fast execution speeds of <20ms.
SpreadFrom 0.04%Floating
Coins
  • BTC
  • BCH
  • ADA
  • ETH
  • LTC
  • EOS
  • XLM
  • DOT
  • LNK
  • AVAX
  • SOL
  • MATIC
  • DOGE
  • BNB
  • BTC
  • LTC
  • ETH
  • XRP
Crypto LendingNoNo
Crypto MiningNoNo
Crypto StakingNoNo
Auto Market MakerNoNo