Fusion Markets vs XM

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.

Fusion Markets

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

ForexMetalsIndicesEnergyCommoditiesCryptoShares
Read the Fusion Markets review
XM

Standard and Ultra Low accounts from a $5 deposit, with a separate Shares account.

ForexIndicesCommoditiesStocks
Read the XM review
DetailFusion MarketsXM
RegulationASIC AFSL 385620 (Australian clients) · VFSC Vanuatu, company 40256 · FSA Seychelles SD096XM Global Limited, FSC Belize licence 8557558 (Securities Industry Act 2021)
Minimum Deposit$5 (Standard, Ultra Low) · $10,000 (Shares)
PlatformsMT4, MT5, cTrader, TradingViewMetaTrader 4, MetaTrader 5, XM App
Account TypesZero, ClassicStandard, Ultra Low, Shares

What the figures say

  • XM publishes its minimum deposit ($5 (Standard, Ultra Low) · $10,000 (Shares)); Fusion Markets does not state one on the pages we read.
  • Platforms: Fusion Markets lists MT4, MT5, cTrader, TradingView; XM lists MetaTrader 4, MetaTrader 5, XM App.
  • Account Types: Fusion Markets lists Zero, Classic; XM lists Standard, Ultra Low, Shares.
  • Fusion Markets also lists Metals, Energy, Crypto, Shares.
  • XM also lists Stocks.

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

XM: why traders choose it

  • Standard and Ultra Low accounts open from $5
  • Ultra Low is the account XM points high-volume traders to, for lower spreads and swaps
  • A separate Shares account for buying stock, from $10,000
  • Bonuses on the Standard account, described by XM as boosting trading power
  • Copy trading, trading competitions and a loyalty club run alongside the accounts

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

XM pros

  • One of the lowest entry points anywhere at $5
  • The Ultra Low account gives a cheaper option without a commission model to learn
  • MetaTrader 4 and 5 plus their own app, so nothing unfamiliar

XM cons

  • The global site is the Belize entity; XM's European and Australian entities have different leverage caps and protections
  • Spreads and leverage figures were not on the accounts page we read; they are in the account details after sign-up
  • Bonuses come with their own terms, which are worth reading before taking one

About XM

XM offers three accounts on its global site: Standard and Ultra Low, both from a $5 minimum, and a Shares account from $10,000. The global entity, XM Global Limited, is licensed by the Financial Services Commission of Belize.

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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.