Fusion Markets vs IC 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.
An Australian broker with a Zero account and a Classic account.
Raw Spread accounts on MetaTrader, cTrader and TradingView, from the Seychelles-regulated Raw Trading Ltd.
| Detail | Fusion Markets | IC Markets |
|---|---|---|
| Regulation | ASIC AFSL 385620 (Australian clients) · VFSC Vanuatu, company 40256 · FSA Seychelles SD096 | Raw Trading Ltd, FSA Seychelles Securities Dealer licence SD018 (reg. 8419879-1). Affiliated ICMP Ltd, Limassol, Cyprus. |
| Platforms | MT4, MT5, cTrader, TradingView | MetaTrader 4, MetaTrader 5, cTrader, TradingView, WebTrader, IC Social, ZuluTrade |
| Account Types | Zero, Classic | Raw Spread, cTrader Raw Spread, Standard, Swap Free |
Which one fits which trader
Each row below is decided by a figure both brokers publish. Where only one publishes it, or neither does, the row is left out rather than guessed.
| If this matters most | The published figures point to |
|---|---|
| Most platform choice | IC Markets Fusion Markets lists 4 (MT4, MT5, cTrader, TradingView); IC Markets lists 7 (MetaTrader 4, MetaTrader 5, cTrader, TradingView, WebTrader, IC Social, ZuluTrade). |
What the figures say
- Account Types: Fusion Markets lists Zero, Classic; IC Markets lists Raw Spread, cTrader Raw Spread, Standard, Swap Free.
- Fusion Markets also lists Metals, Energy, Shares.
- IC Markets also lists Bonds, Stocks, Futures.
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.
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
IC Markets: why traders choose it
- Four account types: Raw Spread, cTrader Raw Spread, Standard and Swap Free
- Seven ways to trade, including cTrader, TradingView and the IC Social copy-trading app
- Product range covers forex, commodities, indices, bonds, crypto, stocks, 24-hour stock CFDs and futures CFDs
- Leverage is dynamic and can change at any time, which their own risk warning spells out
- 24/7 support
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
IC Markets pros
- One of the few brokers offering cTrader, TradingView and both MetaTrader versions side by side
- A dedicated swap-free account rather than a swap-free flag bolted onto another type
- The regulator and licence number are printed on every page
IC Markets cons
- The international site is the Seychelles entity; other IC Markets entities serve Australia and Europe with different terms
- Minimum deposit, spreads and commission were not on the pages we could reach; the account comparison sits behind the client area
- Not available to residents of the US, Canada, New Zealand, Iran or North Korea
About IC Markets
IC Markets trades under Raw Trading Ltd, a Seychelles securities dealer, on the international site. It is known for raw-spread pricing and for supporting more platforms than most brokers: MetaTrader 4 and 5, cTrader, TradingView, a web terminal and its own IC Social copy-trading app.
Fusion Markets vs IC Markets: common questions
- Are Fusion Markets and IC Markets regulated?
- Fusion Markets lists ASIC AFSL 385620 (Australian clients) · VFSC Vanuatu, company 40256 · FSA Seychelles SD096. IC Markets lists Raw Trading Ltd, FSA Seychelles Securities Dealer licence SD018 (reg. 8419879-1). Affiliated ICMP Ltd, Limassol, Cyprus.. Both name a licence, but a licence is not a guarantee, and protections differ a great deal between regulators.
- Can I use the same platform on Fusion Markets and IC Markets?
- Fusion Markets supports MT4, MT5, cTrader, TradingView. IC Markets supports MetaTrader 4, MetaTrader 5, cTrader, TradingView, WebTrader, IC Social, ZuluTrade. If you already trade on one of these, that usually settles the choice faster than any cost figure.
More comparisons
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.