FP Markets vs Fusion Markets

Two brokers, one table. Everything below is taken from what each one publishes on its own site, last read on 2026-09-05. No scores, no ranking.

FP Markets

Standard and Raw accounts from $100 with leverage to 1:500 and ECN pricing on both.

ForexMetalsIndicesCommoditiesStocksBondsCrypto
Read the FP Markets review
Fusion Markets

An Australian broker with a Zero account and a Classic account.

ForexMetalsIndicesEnergyCommoditiesCryptoShares
Read the Fusion Markets review
DetailFP MarketsFusion Markets
RegulationASIC AFSL 385620 (Australian clients) · VFSC Vanuatu, company 40256 · FSA Seychelles SD096
Minimum DepositUS$100 or equivalent
Max Leverage1:500
Spread FromStandard from 1.0 pips · Raw from 0.0 pips
CommissionStandard: zero · Raw: US$3 per lot per side
PlatformsMetaTrader 4, MetaTrader 5, cTrader, TradingView (Raw)MT4, MT5, cTrader, TradingView
Account TypesStandard, RawZero, Classic

What the figures say

  • Fusion Markets publishes its regulation (ASIC AFSL 385620 (Australian clients) · VFSC Vanuatu, company 40256 · FSA Seychelles SD096); FP Markets does not state one on the pages we read.
  • FP Markets publishes its minimum deposit (US$100 or equivalent); Fusion Markets does not state one on the pages we read.
  • FP Markets publishes its max leverage (1:500); Fusion Markets does not state one on the pages we read.
  • FP Markets publishes its spread from (Standard from 1.0 pips · Raw from 0.0 pips); Fusion Markets does not state one on the pages we read.
  • FP Markets publishes its commission (Standard: zero · Raw: US$3 per lot per side); Fusion Markets does not state one on the pages we read.
  • Platforms: FP Markets lists MetaTrader 4, MetaTrader 5, cTrader, TradingView (Raw); Fusion Markets lists MT4, MT5, cTrader, TradingView.
  • Account Types: FP Markets lists Standard, Raw; Fusion Markets lists Zero, Classic.
  • FP Markets also lists Stocks, Bonds.
  • Fusion Markets also lists Energy, Shares.

A figure marked “—” is one that broker does not publish on the pages we could read; it is not a zero. Terms differ by country and change often, so confirm on each site before opening an account.

FP Markets: why traders choose it

  • Two accounts, both from US$100 and both on ECN pricing
  • Raw account: spreads from 0.0 pips plus US$3 per lot each way
  • Standard account: spreads from 1.0 pips and no commission
  • Leverage up to 1:500 on both accounts, jurisdiction permitting
  • TradingView is available on the Raw account, alongside MT4, MT5 and cTrader
  • EAs, a mobile app and a VPS are listed for both accounts; minimum trade 0.01 lot

Fusion Markets: why traders choose it

  • Three regulated entities, with ASIC covering Australian clients
  • Copy trading through DupliTrade and Fusion+
  • Multi Account Manager and sponsored VPS for algorithmic traders

FP Markets pros

  • The whole offer fits in one table on their site: two accounts, one minimum, clear costs
  • US$3 per side is at the low end for a raw account
  • Stocks and bonds are on the Raw account, not just forex and metals

FP Markets cons

  • 1:500 depends on your jurisdiction; the ASIC and CySEC entities are capped far lower
  • The Standard account does not include stocks or bonds
  • The page we read did not name the regulator for the entity serving Bangladesh; check the legal footer for your region

Fusion Markets pros

  • ASIC licence named in full on their own site
  • cTrader and TradingView alongside both MetaTrader versions

Fusion Markets cons

  • Not available to residents of a long list of countries, including the US, Japan and New Zealand
  • Spreads and minimum deposit are not stated on the pages reachable from their footer

About FP Markets

FP Markets keeps it to two accounts. Standard is commission-free from 1.0 pips; Raw prices from 0.0 pips with US$3 per lot per side. Both open from US$100, both run ECN pricing, and both offer leverage up to 1:500 where the local entity allows it.

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How this page is put together. Both columns use the same fields as the individual reviews, read from each broker's own site. Some links are affiliate links, which may earn Cubie FX a commission at no extra cost to you. Placement is not for sale and nothing here is ranked.