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FP Markets vs Fusion Markets 2026

A detailed head-to-head comparison of FP Markets and Fusion Markets across regulation, trading costs, platforms, and more.

FP Markets logo - BrokerAudit
FP Markets

Est. 2005 · Sydney, Australia

ASICCySECFSCA
83.4/100
Excellent
Fusion Markets logo - BrokerAudit
Fusion Markets

Est. 2017 · Melbourne, Australia

ASIC
77/100
Good

Score Breakdown

RegulationCostsPlatformsAccountsDepositSupportEducation
FP MarketsFusion Markets

Category-by-Category Winner

Category
FP Markets
Fusion Markets
Regulation & Trust
82
68
Trading Costs
92
95
Platforms & Tools
90
80
Account Conditions
80
82
Deposit & Withdrawal
82
80
Customer Support
78
70
Education & Research
70
58
Overall Score
83.4
77

Detailed Comparison

Overview

Year Founded
2005
2017
Headquarters
Sydney, Australia
Melbourne, Australia
Publicly Listed
Top Regulators
ASIC, CySEC, FSCA
ASIC
Total Instruments
10,000
250

Trading Costs

EUR/USD Spread
0.10 pips
0.02 pips
GBP/USD Spread
0.40 pips
0.42 pips
USD/JPY Spread
0.30 pips
0.18 pips
Min. Deposit
$100
$0
Commission/Lot
$6.00
$4.50
Inactivity Fee
None
None

Platforms & Features

MetaTrader 4
MetaTrader 5
cTrader
TradingView
Copy Trading
API Trading
VPS Hosting
Demo Account
Islamic Account

Instruments

Forex Pairs
70
90
CFD Stocks
10,000
50
Indices
19
11
Commodities
8
15
Crypto CFDs
12
20

FP Markets vs Fusion Markets: Our Analysis

Overall Verdict

With an overall score of 83.4/100 vs 77/100, FP Markets edges out Fusion Markets by 6.4 points. This moderate gap suggests FP Markets has an edge in several key areas.

Trading Costs

On the EUR/USD pair, FP Markets offers an average spread of 0.10 pips with a $6.00 round-turn commission, while Fusion Markets comes in at 0.02 pips with a $4.50 commission. Fusion Markets offers tighter pricing on EUR/USD. Minimum deposit is $100 at FP Markets and $0 at Fusion Markets.

Regulation & Safety

FP Markets holds 4 regulatory licenses with a highest tier of Tier 1 (ASIC, CySEC, FSCA), while Fusion Markets has 3 licenses at Tier 1 (ASIC). FP Markets has more regulatory licenses overall.

Platform Comparison

FP Markets offers MT4, MT5, cTrader, TradingView. Fusion Markets supports MT4, MT5, cTrader, TradingView, Fusion+, with exclusive access to Fusion+. Fusion Markets provides a wider platform selection.

Who Should Choose Which?

FP Markets suits beginners seeking education, traders who want advanced tools, traders who prioritize safety, traders wanting a wide instrument range, while Fusion Markets is better for cost-conscious traders. Both brokers offer demo accounts, so you can test each before committing real funds.

Frequently Asked Questions

Based on our testing, FP Markets scores higher overall at 83.4/100 compared to Fusion Markets's 77/100. However, "better" depends on your priorities — Fusion Markets may be superior in specific categories like trading costs.

Fusion Markets offers tighter spreads with an average EUR/USD spread of 0.02 pips, compared to 0.10 pips at FP Markets. Check our detailed comparison table above for GBP/USD and USD/JPY spreads as well.

FP Markets scores higher for regulation and trust at 82/100, holding licenses from ASIC, CySEC, FSCA. Fusion Markets scores 68/100 with ASIC.

For beginners, FP Markets is the stronger choice with an education and research score of 70/100. It offers webinars, and a free demo account. Fusion Markets scores 58/100 for education.

Yes, there is no restriction on having accounts with both FP Markets and Fusion Markets simultaneously. Many experienced traders maintain accounts with multiple brokers to take advantage of each broker's strengths — for example, using one for its lower spreads on majors and another for its wider instrument range or better platform features.

NC

Reviewed by

Neil C

Neil C is a financial markets analyst and forex trading specialist with over 10 years of experience evaluating broker platforms, trading conditions, and regulatory frameworks. He has personally tested accounts with dozens of brokers and brings a data-driven methodology to every review.

Last updated: April 2026

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