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Fusion Markets vs Saxo Bank

Fusion Markets vs Saxo Bank Comparison Table 2023
Fusion Markets Saxo Bank
Review
4.5
Review
4
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted

Fusion Markets is an Australian headquartered and regulated broker that offers low-cost forex and CFD trading. Copy trading, 1:500 leverage plus multiple account types are also available, catering to traders of different experience levels and budgets. New clients can sign up and start trading in three straightforward steps.

Saxo is a multi-award-winning trading brokerage, investment firm and regulated bank. With a huge 72,000+ trading instruments, plus investment products and managed portfolios, clients have no shortage of opportunities. The trusted brand also offers transparent pricing and top-tier regulatory protection from 10+ agencies including FINMA, FCA & ASIC.

66% of retail accounts lose money.
Comment by Reviewer
"We recommend Fusion Markets for traders looking for the lowest fees with spreads from 0.0 pips and a $2.25 per side commission." "Saxo is best for active traders and advanced investors with an unrivalled selection of instruments alongside premium market research and fee rebates. The 190 currency pairs with tight spreads also make Saxo great for forex traders."
Pros
  • Multiple copy trading and automated investing solutions
  • Negative balance protection for ASIC-regulated regions
  • Lower than average commissions and spreads from 0.0 pips
  • Good market analysis tools and research
  • Cryptocurrency trading including Bitcoin
  • Regulated by the ASIC
  • Free US share investing
  • No fees on deposits
  • 250+ trading assets
  • VPS solution
  • Powerful proprietary trading platforms with comprehensive charting packages and advanced analysis tools
  • High-level research hub with curated market reports, plus unique insights with 'Outrageous Predictions'
  • Excellent educational resources including podcasts, webinars and expert-led video insights
  • Access to comprehensive third-party analysis tools including TradingView and Updata
  • Highly accessible and flexible ISA account with no entry or exit fees
  • Heavily regulated and trustworthy brand based in Switzerland
  • Low fees with premium account tiers
Cons
  • Limited educational materials, videos or training resources
  • No bonuses or loyalty promotions
  • High deposit requirements for trading accounts
  • Access to Level 2 pricing requires a subscription
  • Clients from some jurisdictions not accepted including the US and Belgium
Instruments
Forex, CFDs, indices, shares, commodities, cryptocurrencies, metals, energies Forex, CFDs, indices, shares, commodities, cryptocurrencies, futures, options, warrants, bonds, ETFs
Demo Account
Yes Yes
Minimum Deposit
$0
Payment Methods
Minimum Trade
0.01 lots Vary by asset
Regulator
ASIC, VFSC DFSA, MAS, FCA, SFC
Margin Trading
Yes No
MetaTrader 4
Yes No
MetaTrader 5
Yes No
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
No Yes
Autochartist
No No
eSignal
No No
Trading Central
No No
STP Account
No No
ECN Account
No Yes
DMA Account
No No
MAM Account
Yes No
PAMM Account
Yes No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
Yes No
Market Maker
No No
P2P Trading
No No
Spot Trading
Yes Yes
Mobile Apps
iOS & Android SaxoTraderGo (iOS, Android, Windows)
Auto Trading
Myfxbook AutoTrade & MT4/MT5 through EAs
Copy Trading
Yes No
Copy Trading Platform
The broker's native copy trading platform, Fusion+, offers access to experienced traders with low to zero fees and a hassle-free follower process. Alternatively, leading third-party tool, DupliTrade, connects aspiring investors with proven traders.
Social Trading
Yes No
Trade Signals
Myfxbook AutoTrade 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
Islamic Account
Yes Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • NZD
  • JPY
  • CHF
  • HKD
  • SGD
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • JPY
  • SEK
  • DKK
  • CHF
Stock Exchanges
Commodities
CFD Trading
Trade CFDs on forex, metals, energies, shares, indices and cryptos with transparent prices. High leverage up to 1:500 is available and there are no account opening or deposit fees. Trade 8,900+ CFDs spanning forex, stocks, indices, commodities, options and bonds with powerful tools and signals.
Leverage
1:500 1:30
FTSE Spread
From 0.7 1.2 pts (Variable)
GBPUSD Spread
From 0.0 0.7 (var)
Oil Spread
From 0.0 0.03
Stocks Spread
From 0.01 0.10% (subject to min commission)
Forex Trading
Trade over 90 pairs and keep costs to a minimum, with tight spreads and industry-leading commissions. Currencies can be traded 24/5 with no dealing desk intervention. Get tier 1 liquidity on an impressive range of 189 currency pairs and spot metals, plus 130 forwards, from 0.4 pips.
Forex App

The MT4 platform is available on Android and iOS. The application offers advanced charting, automated trading plus an integrated news stream. Clients can manage all forex trading activity from the free mobile app.
GBPUSD Spread
From 0.0 0.7 (varies by region)
EURUSD Spread
From 0.0 0.2 (varies by region)
EURGBP Spread
From 0.0 0.6 (varies by region)
Assets
90+ 40+
Cryptocurrency
Trade the best known cryptos paired with USD and 1:2 leverage. Fees are low and traders can speculate on leading tokens like Bitcoin and Ethereum on a powerful trading platform. Trade cryptos against major fiat currencies or take a longer-term view with ETNs.
Spread
From 0.001 Variable
Coins
  • BTC
  • BCH
  • ADA
  • ETH
  • LTC
  • EOS
  • XLM
  • DOT
  • LNK
  • AVAX
  • SOL
  • MATIC
  • DOGE
  • BNB
  • BTC
  • ETH
  • LTC
  • XRP
  • XTZ
  • SOL
  • ADA
  • DOT
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
Review
Review
66% of retail accounts lose money.
More Comparisons
Fusion Markets
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 Saxo Bank
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