Comparison of Fusion Markets and IC Markets
| Feature | Fusion Markets | IC Markets |
|---|---|---|
| Broker | ||
| Year Founded | 2017 | 2007 |
| Broker Type | ECN | ECN, DMA |
| Dealing | A-book | A-book |
| Execution | Market | Market |
| Regulation | ASIC, SFSA, VFSC | SFSA, ASIC, CySEC, CMA |
| Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, TradingView, DupliTrade | MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, TradingView |
| Spread | ⬊ Low | ⬊ Low |
| Maximum Leverage | 1:500 | 1:500 |
| Minimum Deposit | $1 | $200 |
| Base Currencies | USD, AUD, CAD, EUR, GBP, JPY, SGD, THB | USD, EUR, GBP, AUD, CHF, JPY, NZD, SGD, HKD |
| Funding Methods | Credit/Debit Card, Bank Transfer, Interac, PayPal, PayID, Skrill, Neteller, Jeton, MiFinity, SticPay, Crypto (BTC, ETH, USDT), Binance Pay, DragonPay, VNPay, VAPay, XPay, DuitNow, FasaPay, ZotaPay, DragonPay, DurianPay, Pix, MPESA | Bank Wire, Credit Card, Debit Card, Neteller, PayPal, Skrill, Bpay, FasaPay, Klarna, POLi, Rapidpay |
| Inactivity Fee | ✖ | ✖ |
| Interest on Margin | ✖ | ✖ |
| Withdrawal Fee | ✖ | ✖ |
| Investor Protection | - | Investor Compensation Fund (ICF) |
| Protection Size | - | €20 000 |
| Segregated Accounts | ✔ | ✔ |
| Negative Balance Protection | ✔ | ✔ |
| Guaranteed Stop Loss | ✖ | ✔ |
| Copy Trading | ✔ | ✔ |
| VPS | ✔ | ✔ |
| MAM/PAMM | ✔ | ✖ |
| Scalping Allowed | ✔ | ✔ |
| EAs/Robots | ✔ | ✔ |
| Depth of Market (DOM) | ✔ | ✔ |
| Tradable Assets (CFDs) | Forex, Metals, Indices, Energy, Soft Commodities, Cryptocurrencies, Shares | Currencies, Indices, Stocks, ETFs, Bonds, Cryptocurrencies, Metals, Energies, Soft Commodities |
| Review | Fusion Markets Review | IC Markets Review |
About Fusion Markets
Fusion Markets is an ASIC-regulated ECN broker founded in 2017 that offers ultra-low-cost trading on 250+ instruments. With raw spreads from 0.0 pips, $2.25 commissions, leverage up to 1:500 and a choice of MT4/5, cTrader, TradingView or its own Fusion+ copy-trading hub, the broker targets active traders who value tight pricing and advanced tools. Clients enjoy negative-balance protection, swap-free options and 24/7 multilingual support.
Pros
- Raw spreads from 0.0 pips & $2.25 commission
- Wide platform choice (MT4/5, cTrader, TradingView, Fusion+)
- ASIC, VFSC & FSA regulation with segregated funds
- Copy trading, MAM & VPS support
Cons
- No EU investor compensation scheme
- Educational content is limited vs. top-tier competitors
About IC Markets
IC Markets is a leading forex and CFD broker, well-known for its exceptional trading conditions and advanced technology. Established in 2007 and regulated by multiple top-tier authorities, including ASIC, CySEC, and the FSA Seychelles, IC Markets has earned a solid reputation among retail and institutional traders alike. The broker is particularly favored by scalpers, day traders, and algorithmic traders for its ultra-tight spreads, fast execution speeds, and no-dealing-desk (NDD) model. With access to powerful platforms like MetaTrader 4, MetaTrader 5, and cTrader, IC Markets offers a seamless trading experience across various asset classes, including forex, indices, commodities, and cryptocurrencies. Its focus on transparency, competitive pricing, and exceptional liquidity ensures that traders can execute strategies efficiently. However, while IC Markets excels in trading infrastructure, it offers limited educational resources, which may not fully cater to beginners.
Pros
- Regulated by top-tier authorities (ASIC, CySEC)
- Tight spreads starting from 0.0 pips on Raw Spread accounts
- No dealing desk (NDD) model ensures transparent and fast execution
- Excellent platforms: MetaTrader 4, MetaTrader 5, and cTrader
- High liquidity and competitive pricing ideal for scalping and algorithmic trading
- Wide range of tradable assets, including cryptocurrencies
- Dedicated 24/7 customer support
Cons
- Restricted availability in some regions due to regulatory constraints
- Withdrawal fees may apply for certain methods
Fusion Markets & IC Markets Regulation
| Feature | Fusion Markets | IC Markets |
|---|---|---|
Companies | FMGP Trading Group Pty Ltd, Fusion Markets International, Gleneagle Securities Pty Limited | Raw Trading Ltd, International Capital Markets Pty Ltd, IC Markets (EU) Ltd, IC Markets (KE) Limited |
Countries | Australia, Seychelles, Vanuatu | Seychelles, Australia, Cyprus, Kenya |
Regulators | ASIC, SFSA, VFSC | SFSA, ASIC, CySEC, CMA |
Investor Protection | - | Investor Compensation Fund (ICF) |
Investor Protection Size | - | €20 000 |
Publicly Traded | ||
Segregated Accounts | ||
Guaranteed Stop Loss | ||
Negative Balance Protection |
Account Types
| Account | Fusion Markets | IC Markets |
|---|---|---|
ECN Account | ||
| Account Name | Classic | Standard |
| Min Deposit | $1 | $200 |
| Lot Size | 0.01 | 0.01 |
| Spread Type | Floating | Floating |
| Execution | Market | Market |
| Min Spread | 0.9 | 0.6 |
| Fee | No | No |
| Max Leverage | 1:500 | 1:500 |
| Stop Out | 20% | 50% |
| Margin Call | 90% | 100% |
Zero Account | ||
| Account Name | Zero | Raw Spread |
| Min Deposit | $1 | $200 |
| Lot Size | 0.01 | 0.01 |
| Spread Type | Floating | Floating |
| Execution | Market | Market |
| Min Spread | 0 | 0 |
| Fee | $4.50 per 1 lot | $7 per 1 lot |
| Max Leverage | 1:500 | 1:500 |
| Stop Out | 20% | 50% |
| Margin Call | 90% | 100% |
| Additional Features | ||
| Demo Account | ||
| VIP Account | ||
| Swap-Free Account | ||
| Copy Trading | ||
| VPS | ||
| PAMM/MAM Accounts | ||
Funding and Fees
| Feature | Fusion Markets | IC Markets |
|---|---|---|
Base currencies | USD, AUD, CAD, EUR, GBP, JPY, SGD, THB | USD, EUR, GBP, AUD, CHF, JPY, NZD, SGD, HKD |
Deposit and withdrawal methods | Credit/Debit Card, Bank Transfer, Interac, PayPal, PayID, Skrill, Neteller, Jeton, MiFinity, SticPay, Crypto (BTC, ETH, USDT), Binance Pay, DragonPay, VNPay, VAPay, XPay, DuitNow, FasaPay, ZotaPay, DragonPay, DurianPay, Pix, MPESA | Bank Wire, Credit Card, Debit Card, Neteller, PayPal, Skrill, Bpay, FasaPay, Klarna, POLi, Rapidpay |
Inactivity fee | ||
Interest on margin | ||
Withdrawal fee |
Trading Platforms and Conditions
| Feature | Fusion Markets | IC Markets |
|---|---|---|
Trading Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, TradingView, DupliTrade | MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, TradingView |
Execution Speed | - | 40 ms |
Scalping | ||
Expert Advisors (EAs) | ||
Depth of Market (DOM) | ||
Spread | low | low |
Trading Assets
| Asset | Fusion Markets | IC Markets |
|---|---|---|
Currencies | 81 | 61 |
Indices | 12 | 25 |
Stocks | 100 | 2175 |
Cryptocurrencies | 15 | 21 |
Bonds | 0 | 10 |
Metals | 5 | 7 |
Energies | 3 | 5 |
Soft Commodities | 4 | 8 |
ETFs | 0 | 38 |
Education and Analytics
| Feature | Fusion Markets | IC Markets |
|---|---|---|
Economic Calendar | ||
Indicators | ||
Robots | ||
Signals | ||
Autochartist | ||
Expert Analytics | ||
News Feed | ||
Education Articles | ||
Webinars | ||
Seminars |
Customer Support
| Contact | Fusion Markets | IC Markets |
|---|---|---|
Email | help@fusionmarkets.com | support@icmarkets.com |
Phone | +61383762706 | +2484671976 |
Telegram | Telegram | — |
Facebook | ||
LinkedIn | ||
YouTube | YouTube | — |
Instagram | ||
Twitter |
Which Broker is Better?
After comparing Fusion Markets and IC Markets, IC Markets comes out ahead as our overall pick. It ranks higher in our internal scoring and delivers a stronger balance of pricing (spreads/fees), platform experience, and product range. That said, the runner-up may still be a better fit if you prioritize specific needs—like a particular account type, funding method, or niche instruments. This is not financial advice; always choose a broker that matches your goals and local regulatory requirements.
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Andriy Bondarenko
Broker Analyst
Andriy is a seasoned expert in broker reviews with over a decade of experience in finance and trading. Under his leadership, the team produces in-depth and unbiased analyses of leading trading platforms.