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CyprusFusion Markets vs FP Markets
What each one charges, who licenses it, and how they rank against each other country by country.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
The short version
Australia is the one country where we rank both for forex, and FP Markets comes out ahead there.
We score each country separately, based on the company that would actually hold your account there, so check your own country in the table below.
Of the 2 fees we could compare, Fusion Markets is cheaper on 1 and the other is the same.
Both hold a top-tier licence from ASIC.
- Fusion Markets is cheaper for EUR/USD: 0.45 pips all-in, compared with 0.6 pips all-in at FP Markets.Edge: Fusion Markets
- Neither charges a withdrawal fee.
- Much of Fusion Markets' business runs through offshore companies, where client protection is usually weaker.Edge: FP Markets
- We list Fusion Markets in 4 of the 14 countries we cover and FP Markets in 1. They overlap in 1.Edge: Fusion Markets
- FP Markets gets more search attention than Fusion Markets (Market Signal 54 vs 34). That tells you how well known it is, not how good it is.
Where you can use each one
Where each one ranks on our list in every country we cover, its Coinish Score there, and the company that would hold your account. If a broker isn't allowed to take clients from a country, it isn't on that country's list.
Forex brokers
| Country | Fusion Markets | FP Markets |
|---|---|---|
| Australia | #15 of 1652/100Locally licensed FMGP Trading Group Pty Ltd · ASIC | #3 of 1671/100Locally licensed First Prudential Markets Pty Ltd · ASIC |
| Cyprus | #22 of 2850/100Locally licensed Fusion Markets EU Ltd · CySEC | Not listed |
| Italy | #25 of 3150/100EU passport Fusion Markets EU Ltd · CySEC | Not listed |
| Portugal | #23 of 2950/100EU passport Fusion Markets EU Ltd · CySEC | Not listed |
CFD brokers
| Country | Fusion Markets | FP Markets |
|---|---|---|
| Australia | #17 of 1852/100Locally licensed FMGP Trading Group Pty Ltd · ASIC | #4 of 1871/100Locally licensed First Prudential Markets Pty Ltd · ASIC |
| Cyprus | #25 of 3050/100Locally licensed Fusion Markets EU Ltd · CySEC | Not listed |
| Italy | #28 of 3350/100EU passport Fusion Markets EU Ltd · CySEC | Not listed |
| Portugal | #26 of 3150/100EU passport Fusion Markets EU Ltd · CySEC | Not listed |
Fees and features side by side
| Fusion Markets | FP Markets | |
|---|---|---|
| Products | Forex, CFDs | Forex, CFDs |
| Owner | Not verified yet | FP Markets Group |
| EUR/USD all-in cost | 0.45 pips, Zero account (average major spread + commission) | 0.6 pips, Raw (spread from 0.0 + $3 per lot each way) |
| Inactivity fee | Not verified yet | None |
| Withdrawal fee | None | None |
| Minimum deposit | $0 (Fusion Markets International Ltd) | A$100 (First Prudential Markets Pty Ltd) |
| Instruments | 250+ | 10,000+ |
| Platforms | MetaTrader 4, MetaTrader 5, cTrader, TradingView | MetaTrader 4, MetaTrader 5, cTrader, TradingView, WebTrader |
| Deposit methods | Credit card, PayPal, Bank transfer, Skrill, Neteller | Credit card, Debit card, Neteller, Skrill, BPAY, POLi, PayPal |
| Withdrawal time (stated) | 85% of withdrawals in under an hour | processed within one business day |
| Demo account | Yes | Yes |
| Support | phone | live chat, email, phone · 24/7 |
Every figure comes from the broker's own pages or its regulator. You'll find the sources in each review (Fusion Markets, FP Markets).
Licences
Fusion Markets
- FMGP Trading Group Pty Ltd: ASIC (Tier 1)
- Fusion Markets International Ltd: FSA Seychelles (Tier 3 (offshore))
- Fusion Markets EU Ltd: CySEC (Tier 2)
FP Markets
- First Prudential Markets Pty Ltd: ASIC (Tier 1)
- FP Markets (Pty) Ltd: FSCA (Tier 2)
- First Prudential Markets Limited: FSA Seychelles (Tier 3 (offshore))
Fusion Markets vs FP Markets: common questions
Which is better, Fusion Markets or FP Markets?
Australia is the one country where we rank both for forex, and FP Markets comes out ahead there. For reference, Fusion Markets' best ranking is #15 of 16 forex brokers in Australia, and FP Markets' best ranking is #3 of 16 forex brokers in Australia.
Is Fusion Markets cheaper than FP Markets?
Fusion Markets is cheaper for EUR/USD: 0.45 pips all-in, compared with 0.6 pips all-in at FP Markets. Neither charges a withdrawal fee.
Is Fusion Markets or FP Markets better regulated?
Both hold a top-tier licence from ASIC. Which company you actually sign up with depends on where you live; the country table on this page names it for each one.
Can I use both Fusion Markets and FP Markets where I live?
We list Fusion Markets in 4 of the 14 countries we cover and FP Markets in 1. They overlap in 1. For forex, you'll find both on our lists in Australia.