Fusion Markets vs FP Markets
Fusion Markets or FP Markets – which is better for UK traders 2024? Compare Fusion Markets and FP Markets in this detailed breakdown of their platforms, features and fees.
| Fusion Markets | FP Markets |
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| Fusion Markets is ranked #24 among CFD brokers. | FP Markets is ranked #65 among CFD brokers. |
| 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 2005 in Australia, FP Markets is an ASIC- and CySEC-regulated broker boasting an extensive suite of tradable assets. Its Standard and Raw accounts cater to traders at every level, while it packs a punch in the tooling department, from the MetaTrader suite and intuitive TradingView to actionable trading ideas from Trading Central and AutoChartist. |
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| Cons | |
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| Awards | |
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| FCA Regulated | |
| No | No |
| Instruments | |
| CFDs, Forex, Stocks, Indices, Commodities, Crypto | CFDs, Forex, Stocks, Indices, Commodities, Bonds, ETFs, Crypto |
| Demo Account | |
| Yes | Yes |
| Minimum Deposit | |
| $0 | $40 |
| Payment Methods | |
| Minimum Trade | |
| 0.01 Lots | 0.01 Lots |
| Regulator | |
| ASIC, VFSC, FSA | ASIC, CySEC, FSA |
| Mobile Apps | |
| iOS & Android | iOS & Android |
| Trading App | |
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 Although we find the design of the MetaTrader app increasingly outdated, detracting from the user experience, it excels for its premium charting package, integrated news stream and push notifications.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 traders. |
FP Markets does not provide a proprietary web-based or mobile app, a downside for beginners. However, there are the mobile versions of MT4/MT5, cTrader, and TradingView that offer real-time quotes, advanced charting tools, account management features, and order execution. Australian clients are also exclusively offered access to the Iress mobile platform, which delivers sophisticated features including analytics, module linking, and multiple portfolio management. |
| iOS App Rating | |
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| Android App Rating | |
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| Margin Trading | |
| Yes | Yes |
| MetaTrader 4 | |
| Yes | Yes |
| MetaTrader 5 | |
| Yes | Yes |
| cTrader | |
| Yes | Yes |
| AlgoTrader | |
| No | No |
| OmniTrader | |
| No | No |
| TradingView | |
| Yes | Yes |
| Autochartist | |
| No | Yes |
| eSignal | |
| No | No |
| Trading Central | |
| No | 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 |
| Auto Trading | |
| Expert Advisors (EAs) on MetaTrader, cBots on cTrader | Expert Advisors (EAs) on MetaTrader |
| 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. | FP Markets introduced a proprietary social copy trading platform, alongside access to the MetaTrader signals market. These offerings, coupled with support for Myfxbook, establish FP Markets as an excellent option for social copy trading, even if the system is less intuitive compared to cTrader Copy. |
| Social Trading | |
| Yes | Yes |
| VPS Hosting | |
| Yes | Yes |
| 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 |
| Account Currencies | |
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| Commodities | |
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| CFD | |
| 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. | FP Markets offers CFD trading on a first-rate selection of financial markets, spanning stocks, major global indices, commodities, metals, cryptocurrencies, and bonds. With tight spreads, fast execution speeds, leverage up to 1:500 and top-tier liquidity, short-term traders get an efficient and seamless trading experience. |
| Leverage | |
| 1:500 | 1:30 (UK), 1:500 (Global) |
| FTSE Spread | |
| 1.0 | 1.64 |
| GBPUSD Spread< | |
| 0.13 | 1.9 average |
| Oil Spread | |
| 2.0 | 0.04 |
| Stocks Spread | |
| 0.01 (Apple Inc) | Variable |
| Forex | |
| 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. | FP Markets stands out as an excellent option for forex traders, boasting a selection of over 70 currency pairs covering a wide range of currencies, especially since expanding its choice of exotics. With average spreads of just 0.1 on the EUR/USD in its Raw account, the broker provides competitive pricing for traders. |
| Assets | |
| 90+ | 70+ |
| GBPUSD Spread | |
| 0.13 | 0.2 |
| EURUSD Spread | |
| 0.05 | 0.1 |
| EURGBP Spread | |
| 0.09 | 0.3 |
| Currency Indices | |
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| Cryptocurrency | |
| 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. | FP Markets supports CFDs on popular cryptos including Bitcoin, Ethereum, Ripple, Bitcoin Cash, and Litecoin. Yet while you can speculate on price movements through CFDs, direct ownership of coins is not supported. FP Markets also doesn’t add up-and-coming tokens for crypto enthusiasts on the pulse. |
| Spread | |
| From 0.04% | 17.3 (Bitcoin) |
| Coins | |
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| Crypto Lending | |
| No | No |
| Crypto Mining | |
| No | No |
| Crypto Staking | |
| No | No |
| Auto Market Maker | |
| No | No |
| Fusion Markets | FP Markets |
| More Comparisons | |
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Fusion Markets vs |
FP Markets vs |