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Fusion Markets vs OANDA 2026

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

Fusion Markets logo - BrokerAudit
Fusion Markets

Est. 2017 · Melbourne, Australia

ASIC
77/100
Good
OANDA logo - BrokerAudit
OANDA

Est. 1996 · New York, United States

FCACFTC/NFAASIC
79.6/100
Good

Score Breakdown

RegulationCostsPlatformsAccountsDepositSupportEducation
Fusion MarketsOANDA

Category-by-Category Winner

Category
Fusion Markets
OANDA
Regulation & Trust
68
95
Trading Costs
95
62
Platforms & Tools
80
78
Account Conditions
82
82
Deposit & Withdrawal
80
78
Customer Support
70
78
Education & Research
58
80
Overall Score
77
79.6

Detailed Comparison

Overview

Year Founded
2017
1996
Headquarters
Melbourne, Australia
New York, United States
Publicly Listed
Top Regulators
ASIC
FCA, CFTC/NFA, ASIC
Total Instruments
250
250

Trading Costs

EUR/USD Spread
0.02 pips
1.40 pips
GBP/USD Spread
0.42 pips
1.90 pips
USD/JPY Spread
0.18 pips
1.40 pips
Min. Deposit
$0
$0
Commission/Lot
$4.50
None
Inactivity Fee
None
$10/month after 12 months

Platforms & Features

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

Instruments

Forex Pairs
90
68
CFD Stocks
50
100
Indices
11
15
Commodities
15
8
Crypto CFDs
20
10

Fusion Markets vs OANDA: Our Analysis

Overall Verdict

With an overall score of 79.6/100 vs 77/100, OANDA is nearly identical to Fusion Markets by 2.6 points. Both brokers are closely matched, so your choice should come down to specific features that matter most to you.

Trading Costs

On the EUR/USD pair, Fusion Markets offers an average spread of 0.02 pips with a $4.50 round-turn commission, while OANDA comes in at 1.40 pips commission-free. Fusion Markets offers tighter pricing on EUR/USD. Minimum deposit is $0 at Fusion Markets and $0 at OANDA.

Regulation & Safety

Fusion Markets holds 3 regulatory licenses with a highest tier of Tier 1 (ASIC), while OANDA has 6 licenses at Tier 1 (FCA, CFTC/NFA, ASIC). OANDA has more regulatory licenses overall.

Platform Comparison

Fusion Markets offers MT4, MT5, cTrader, TradingView, Fusion+ — uniquely offering cTrader, Fusion+ which OANDA does not have. OANDA supports MT4, MT5, TradingView, OANDA Trade, with exclusive access to OANDA Trade. Fusion Markets provides a wider platform selection.

Who Should Choose Which?

Fusion Markets suits cost-conscious traders, traders who want advanced tools, while OANDA is better for beginners seeking education, traders who prioritize safety. If copy trading matters, Fusion Markets has the edge. Both brokers offer demo accounts, so you can test each before committing real funds.

Frequently Asked Questions

Based on our testing, OANDA scores higher overall at 79.6/100 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 1.40 pips at OANDA. Check our detailed comparison table above for GBP/USD and USD/JPY spreads as well.

OANDA scores higher for regulation and trust at 95/100, holding licenses from FCA, CFTC/NFA, ASIC. Fusion Markets scores 68/100 with ASIC.

For beginners, OANDA is the stronger choice with an education and research score of 80/100. It offers structured trading courses, webinars, and a free demo account. Fusion Markets scores 58/100 for education.

Yes, there is no restriction on having accounts with both Fusion Markets and OANDA 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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