Your capital is at risk. Trade only with funds you can afford to lose.
Fusion Markets
#8 in our CFD broker rankings
Accepts traders from Fiji
Rating breakdown
- Regulation & trust4.10.5 lower than Pepperstone (4.6)
- Assets & markets3.51.1 lower than Pepperstone (4.6)
- Fees & costs4.40.1 lower than Pepperstone (4.5)
- Platforms & tools4.00.8 lower than Pepperstone (4.8)
- Accounts & banking4.20.2 higher than Pepperstone (4.0)
- Education3.01.0 lower than Pepperstone (4.0)
- Research3.50.8 lower than Pepperstone (4.3)
- Customer support4.50.1 lower than Pepperstone (4.6)
Pepperstone’s score. Numbers show the difference.
Pepperstone
#6 in our CFD broker rankings
Accepts traders from Fiji
CFDs and FX are complex instruments and come with a high risk of losing money rapidly due to leverage. 73-89% of retail investor accounts lose money when trading CFDs.
Rating breakdown
- Regulation & trust4.60.5 higher than Fusion Markets (4.1)
- Assets & markets4.61.1 higher than Fusion Markets (3.5)
- Fees & costs4.50.1 higher than Fusion Markets (4.4)
- Platforms & tools4.80.8 higher than Fusion Markets (4.0)
- Accounts & banking4.00.2 lower than Fusion Markets (4.2)
- Education4.01.0 higher than Fusion Markets (3.0)
- Research4.30.8 higher than Fusion Markets (3.5)
- Customer support4.60.1 higher than Fusion Markets (4.5)
Fusion Markets’s score. Numbers show the difference.
| Fusion Markets | Pepperstone | |
|---|---|---|
| Overview | Fusion 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. | Established in Australia in 2010, Pepperstone is a top-rated forex and CFD broker with over 830,000 clients worldwide. It offers access to 1,400+ instruments on leading platforms MT4, MT5, cTrader and TradingView, maintaining low, transparent fees. Pepperstone is also regulated by trusted authorities like the FCA, ASIC, and CySEC, helping to ensure a secure environment for day traders at all levels. |
| Customer Reviews | Based on 5 customer reviews | Based on 10 customer reviews |
| Trustpilot Score | ||
| 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.” | “Pepperstone stands out as a top choice for day trading, offering razor-sharp spreads, ultra-fast execution, and advanced charting platforms for experienced traders. New traders are also welcomed with no minimum deposit, extensive educational resources, and exceptional 24/5 support (18h a day on weekends).” |
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| Instruments | CFDs, Forex, Stocks, Indices, Commodities, Crypto | CFDs, Forex, Currency Indices, Stocks, Indices, Commodities, ETFs, Crypto CFDs, Spread Betting |
| Demo Account | Yes | Yes |
| Minimum Deposit | $0 | $0 |
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| Minimum Trade | 0.01 Lots | 0.01 Lots |
| Regulator | ASIC, VFSC, FSA | FCA, ASIC, CySEC, BaFin, DFSA, SCA, SCB, CMA-Kenya |
| Margin Trading | Yes | Yes |
| STP Account | No | Yes |
| ECN Account | Yes | Yes |
| DMA Account | No | Yes |
| MAM Account | Yes | Yes |
| PAMM Account | Yes | Yes |
| LAMM Account | No | No |
| Demat Account | No | No |
| AI / Machine Learning | No | No |
| Robo Advisor | No | No |
| Negative Balance Protection | Yes | Yes |
| Market Maker | No | No |
| P2P Trading | No | No |
| Spot Trading | Yes | Yes |
| Mobile Apps | iOS & Android | iOS & Android |
| App Review | Fusion 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. | Pepperstone excels for its excellent integration with the MT4, MT5, cTrader, and TradingView apps, making it a standout option for day traders familiar with these leading third-party trading solutions. These platforms deliver a stable and reliable mobile trading experience, enhanced by Pepperstone's almost unrivalled execution speeds and wide range of asset classes. Recent improvements also helped it secure second place in DayTrading.com's annual 'Best Trading App' award for 2025. |
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| Auto Trading | Expert Advisors (EAs) on MetaTrader, cBots on cTrader | Expert Advisors (EAs) on MetaTrader, cBots on cTrader |
| Copy Trading | Yes | Yes |
| Copy Trading Platform | Fusion+, 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. | Pepperstone facilitates the replication of experienced traders' strategies through MetaTrader Signals, DupliTrade and now its own copy trading app (available in certain regions) through a partnership with Pelican Trading, providing access to thousands of experienced traders and personalized risk parameters. On the downside, it lacks support for cTrader Copy which may deter users familiar with the terminal from Spotware. |
| Social Trading | Yes | No |
| Trade Signals | – | Yes |
| VPS Hosting | Yes | No |
| Tournaments | No | No |
| Demo Competitions | No | No |
| Ethical Investing | No | No |
| Custodial Account | No | No |
| Guaranteed Stop Loss | No | No |
| Inactivity Fee | $0 | $0 |
| Islamic Account | Yes | Yes |
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| CFD Trading | ||
| Overview | You 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. | Pepperstone maintains its position as one of the fastest and most dependable CFD brokers during our latest round of testing. With execution speeds averaging around 30ms and an outstanding fill rate of 99.90%, the broker ensures a seamless trading experience without requotes or dealing desk interference. It also provides ample trading opportunities across over 1,300 assets. |
| Leverage | 1:500 | 1:30 (Retail - UK, EU, Australia), 1:500 (Pro), 1:200 (Offshore), 1:400 (Kenya) |
| FTSE Spread | 1.0 | 1.0 |
| GBPUSD Spread | 0.13 | 0.4 |
| Oil Spread | 2.0 | 0.02 |
| Stocks Spread | 0.01 | 0.02 |
| Forex Trading | ||
| Overview | Fusion 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. | Pepperstone offers ultra-competitive forex spreads averaging 0.12 pips on EUR/USD in the Razor account, accompanied by a diverse portfolio comprising 100+ currency pairs - an extensive selection surpassing most competitors. Additionally, Pepperstone distinguishes itself by offering three currency indices (USDX, EURX, JPYX), not commonly found among alternative platforms. Pepperstone has now won our annual 'Best Forex Broker' award twice. |
| GBPUSD Spread | 0.13 | 0.4 |
| EURUSD Spread | 0.05 | 0.1 |
| EURGBP Spread | 0.09 | 0.4 |
| Assets | 90+ | 100+ |
| Currency Indices | – |
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| Cryptocurrency | ||
| Overview | Fusion 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. | Pepperstone continues to prove itself as one of the most trusted crypto CFD brokers. Although its selection of digital tokens is average, you can trade popular cryptos like Bitcoin and altcoins like Ripple with up to 1:10 leverage, while its crypto indices provide a holistic view of the digital currency markets not found on most day trading platforms. It has also launched a dedicated crypto exchange in Australia - Pepperstone Crypto. |
| Spread | From 0.04% | 30 (BTC) |
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| Crypto Lending | No | No |
| Crypto Mining | No | No |
| Crypto Staking | No | No |
| Auto Market Maker | No | No |
CFDs and FX are complex instruments and come with a high risk of losing money rapidly due to leverage. 73-89% of retail investor accounts lose money when trading CFDs.