World Forex vs Fusion Markets
World Forex or Fusion Markets – which is better for UK traders 2024? Compare World Forex and Fusion Markets in this detailed breakdown of their platforms, features and fees.
| World Forex | Fusion Markets |
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| World Forex is ranked #10 among binary options brokers. | Fusion Markets is ranked #24 among CFD brokers. |
| World Forex is an offshore broker registered in St Vincent and the Grenadines, offering commission-free trading with a $1 minimum deposit and 1:1000 leverage. Digital contracts are also available, offering beginners a straightforward way to speculate on popular financial markets. | 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. |
| Pros | |
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| Cons | |
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| FCA Regulated | |
| No | No |
| Instruments | |
| Forex, CFD Stocks, Metals, Energies, Cryptos, Digital Contracts | CFDs, Forex, Stocks, Indices, Commodities, Crypto |
| Demo Account | |
| Yes | Yes |
| Minimum Deposit | |
| $1 | $0 |
| Payment Methods | |
| Minimum Trade | |
| 0.01 Lots | 0.01 Lots |
| Regulator | |
| SVGFSA | ASIC, VFSC, FSA |
| Mobile Apps | |
| iOS, Android + Web Browser | iOS & Android |
| Trading App | |
The WorldForex Trader Lite app offers very basic mobile trading capabilities. It took upwards of 30+ minutes just to get access to the trading app, with a frustrating process to open an account. The mobile interface itself has a subpar look and feel, encompassing basic charts and order windows. The other issue is that it’s slow and sometimes lags when you move between features and place trades. Ultimately, it trails category leaders. |
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 Although we find the design of the MetaTrader app increasingly outdated, detracting from the user experience, it excels for its premium charting package, integrated news stream and push notifications.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. |
| 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 | |
| No | Yes |
| AlgoTrader | |
| No | No |
| OmniTrader | |
| No | No |
| TradingView | |
| No | Yes |
| Autochartist | |
| No | No |
| eSignal | |
| No | No |
| Trading Central | |
| No | No |
| STP Account | |
| Yes | No |
| ECN Account | |
| Yes | Yes |
| DMA Account | |
| No | No |
| MAM Account | |
| No | Yes |
| PAMM Account | |
| No | Yes |
| LAMM Account | |
| No | No |
| Demat Account | |
| No | No |
| AI / Machine Learning | |
| No | No |
| Robo Advisor | |
| No | No |
| Negative Balance Protection | |
| No | Yes |
| Market Maker | |
| No | No |
| P2P Trading | |
| No | No |
| Spot Trading | |
| Yes | Yes |
| Auto Trading | |
| Yes | Expert Advisors (EAs) on MetaTrader, cBots on cTrader |
| Copy Trading | |
| Yes | Yes |
| Copy Trading Platform | |
| Use copy trading signals on MT4 to replicate strategies in your own live account. No additional fees apply and the platform is available via downloadable software plus a web-accessible solution. | 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. |
| Social Trading | |
| No | Yes |
| Trade Signals | |
| Yes | |
| VPS Hosting | |
| Yes | Yes |
| Tournaments | |
| Yes | No |
| Demo Competitions | |
| Yes | No |
| Ethical Investing | |
| No | No |
| Custodial Account | |
| No | No |
| Guaranteed Stop Loss | |
| No | No |
| Inactivity Fee | |
| $0 | |
| Islamic Account | |
| Yes | Yes |
| Account Currencies | |
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| Commodities | |
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| CFD | |
| World Forex's leveraged CFDs are available on a modest suite of 100+ instruments, including stocks, commodities and forex. Very high leverage up to 1:1000 is available for account balances up to $1000, with lower levels available to accounts with higher balances. | 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. |
| Leverage | |
| 1:1000 | 1:500 |
| FTSE Spread | |
| NA | 1.0 |
| GBPUSD Spread< | |
| NA | 0.13 |
| Oil Spread | |
| NA | 2.0 |
| Stocks Spread | |
| From 0.03 | 0.01 (Apple Inc) |
| Forex | |
| World Forex offers CFD and digital contract trading on 53 forex pairs, including EUR/USD and GBP/EUR. High leverage is available for CFDs, which can be accessed with competitive spreads on certain account types. | 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. |
| Assets | |
| 53 | 90+ |
| GBPUSD Spread | |
| From 0.6 | 0.13 |
| EURUSD Spread | |
| From 0.6 | 0.05 |
| EURGBP Spread | |
| From 0.6 | 0.09 |
| Cryptocurrency | |
| Traders can access CFDs on crypto assets through World Forex's dedicated W-CRYPTO accounts, which offer leveraged cryptocurrency trading with spreads from zero. We rate that you can trade on 10 cryptos paired with the USD and EUR, while crypto-crypto pairs are also available. | 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. |
| Spread | |
| 0 | From 0.04% |
| Coins | |
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| Crypto Lending | |
| No | No |
| Crypto Mining | |
| No | No |
| Crypto Staking | |
| No | No |
| Auto Market Maker | |
| No | No |
| Binary Options | |
| World Forex offers binary options where you simply decide the stake, price direction and contract timeframe. The payouts are high at up to 100% on American contracts and 85% on European, which also offers a partial refund to traders who close contracts before expiry. | |
| Payout | |
| 100% | |
| Expiration Times | |
| 1 minute - 7 days | |
| Boundary Options | |
| No | No |
| Ladder Options | |
| No | No |
| World Forex | Fusion Markets |
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