Switch Markets vs Fusion Markets

Switch Markets or Fusion Markets – which is better for UK traders 2025? Compare Switch Markets and Fusion Markets in this detailed breakdown of their platforms, features and fees.

Switch Markets vs Fusion Markets Comparison Table 2025
Switch Markets Fusion Markets
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3.8
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4.5
Switch Markets is ranked #51 among CFD brokers. Fusion Markets is ranked #11 among CFD brokers.
Switch Markets is a multi-asset CFD brokerage regulated by ASIC and SVGFSA. The brand provides trading services on MT4 and MT5 platforms with leverage up to 1:500. It offers more than 2000 instruments and includes features like copy trading services and free VPS hosting. Fusion Markets, an online broker since 2017, operates under the regulation of ASIC, VFSC, and FSA. Renowned for offering cost-effective forex and CFD trading, it provides various account options and copy trading solutions to suit diverse trading needs. New clients can begin trading with a simple three-step registration process.
Pros
  • Switch Markets provides a good selection of trading tools, such as a market sentiment heatmap, an economic calendar, and VPS access. I value the variety of forex calculators available.
  • I discovered 14 easy deposit methods and 5 base currencies. With average processing times of just 1 minute and 2 seconds, traders will find this particularly appealing.
  • I am impressed by the free access to HowToTrade's educational resources, community forum, and market analysis, all without requiring a deposit.
  • Traders can utilise the MetaTrader Trading Signals to mirror the actions of seasoned traders instantly.
  • The £50 minimum initial deposit for both account types is quite competitive relative to other brands.
  • The market analysis tools, Market Buzz and Analyst Views, are excellent for identifying opportunities and are seamlessly incorporated into the client dashboard.
  • The selection of charting platforms and social trading features is outstanding. Options like MT4, MT5, cTrader, and the newer TradingView meet diverse trader preferences.
  • Fusion Markets consistently impresses traders with its competitive pricing, featuring tight spreads and lower-than-average commissions. These cost-effective options are particularly attractive to those engaging in frequent trading.
  • Fusion Markets provides algo traders with a sponsored VPS and offers a 25% discount for choosing the NYC Servers VPS for MT4 or cTrader.
  • With an average execution speed of approximately 37 milliseconds, traders can secure optimal prices more effectively, outpacing many competitors in rapidly changing markets.
  • Fusion Markets provides exceptional support, characterised by rapid, friendly, and efficient responses. Unlike other platforms, it doesn't utilise automated chatbots, ensuring traders experience a seamless interaction.
Cons
  • I am somewhat worried that the international firm is governed by the SVGFSA, an offshore regulator known for offering minimal financial security to clients.
  • In my view, Standard account holders face relatively high spreads, averaging 1.5 pips for EUR/USD, which are not particularly competitive.
  • Fusion Market lags behind competitors like eToro and IG in educational offerings, providing only minimal guides and few live video sessions for enhancing trader skills.
  • The broker stands out with its extensive selection of currency pairs, surpassing most competitors. However, its alternative investment options are merely average, lacking stock CFDs outside the US.
  • Traders from outside Australia need to register with loosely regulated international firms that offer limited protection, lacking both safeguards and negative balance protection.
  • Unlike AvaTrade, there is no specialised trading platform or app tailored for beginners, which is a significant disadvantage.
  • The demo account, lasting only 30 days, is limited in its effectiveness as a trading tool when used with a live account.
Awards
  • Best Aus Broker Runner Up 2025 - DayTrading.com
FCA Regulated
No

List of FCA Regulated Brokers

No

List of FCA Regulated Brokers

Instruments
CFDs, Forex, Stocks, ETFs, Cryptos, Futures, Commodities CFDs, Forex, Stocks, Indices, Commodities, Crypto
Demo Account
Yes Yes
Minimum Deposit
$50 $0
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
ASIC ASIC, VFSC, FSA
Mobile Apps
iOS & Android iOS & Android
Trading App
Fusion Markets provides smooth inclusion with cTrader, MT4, MT5, and TradingView apps on Android and iOS. The MetaTrader app, despite its outdated design, offers excellent charting, news integration, and alerts. The cTrader app outperformed in our tests with its superior design, over 70 indicators, and 26 timeframes, ideal for advanced traders.
iOS App Rating
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4.8
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4.8
Android App Rating
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4.6
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4.4
Margin Trading
Yes Yes
MetaTrader 4
Yes Yes
MetaTrader 5
No Yes
cTrader
No Yes
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 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
Yes No
P2P Trading
No No
Spot Trading
Yes Yes
Auto Trading
Yes - Equinix Expert Advisors (EAs) on MetaTrader, cBots on cTrader
Copy Trading
Yes Yes
Copy Trading Platform
Switch Markets provides low-cost trading services through the MetaTrader 4 platform, allowing traders to copy strategies efficiently. Fusion+, the broker's in-house trading platform, provides access to seasoned traders with minimal fees and an easy following process. Alternatively, investors can use DupliTrade, a third-party service that links them with professional traders, offering various automated solutions to suit diverse preferences.
Social Trading
Yes Yes
Trade Signals
MT4
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
Islamic Account
Yes Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • NZD
  • CHF
  • SGD
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • NZD
  • JPY
  • CHF
  • HKD
  • SGD
Commodities
  • Gold
  • Silver
  • Oil
  • Natural Gas
  • Gold
  • Silver
  • Oil
  • Aluminium
  • Copper
  • Palladium
  • Platinum
  • Zinc
  • Wheat
  • Corn
  • Cotton
  • Cocoa
  • Coffee
  • Sugar
  • Natural Gas
  • Nickel
  • Lead
  • Soybeans
  • Orange Juice
CFD
Switch Markets provides over 180 CFD instruments, offering leverage up to 1:500 and swift order execution in under 76 milliseconds. Commissions are competitive, at $7 per round turn for Pro account holders. Traders can engage in long or short positions across diverse CFDs, including forex, commodities, shares, indices, and cryptocurrencies. Experienced individuals may utilise high leverage of up to 1:500 in certain regions, while beginners can benefit from micro-lot trading. There are no limitations on implementing short-term trading strategies with CFDs.
Leverage
1:500 1:500
FTSE Spread
1.2 1.0
GBPUSD Spread<
0.5 0.13
Oil Spread
2.0 2.0
Stocks Spread
Variable 0.01
Forex
The offering of over 60 major, minor, and exotic currency pairs is competitive, particularly with Pro account spreads starting at 0 pips. Seasoned traders can utilise leverage up to 1:500 on the widely-used MT4 platform. Fusion Markets provides access to over 90 currency pairs, presenting ample trading opportunities. They stand out for ultra-tight spreads starting at 0.0 pips and remarkably low commissions of $2.25 per side. Additionally, traders benefit from access to the premier forex platform, MetaTrader 4.
Assets
60+ 90+
GBPUSD Spread
0.5 0.13
EURUSD Spread
0.1 0.05
EURGBP Spread
0.6 0.09
Cryptocurrency
Switch Markets offers just six crypto CFDs, but the available leverage of 1:3 is appealing. Additionally, deposit options include BTC, ETH, XRP, USDT, and USDTRC20, which is advantageous for traders. Fusion Markets provides popular crypto tokens paired with USD, with leverage options up to 1:10 based on your region. The platform boasts competitive Bitcoin spreads starting at 0.04%. It excels in offering superior charting tools on MT4, MT5, cTrader, and TradingView.
Spread
Variable From 0.04%
Coins
  • BTC
  • ETH
  • LTC
  • XRP
  • BTC
  • BCH
  • ADA
  • ETH
  • LTC
  • EOS
  • XLM
  • DOT
  • LNK
  • AVAX
  • SOL
  • MATIC
  • DOGE
  • BNB
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
Switch Markets Fusion Markets
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