United States
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Portugal
CyprusFusion Markets vs Pepperstone
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
We rank both for forex in 4 countries, and Pepperstone comes out ahead in every one of them.
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.
On the one fee we could check for both, Fusion Markets is cheaper.
Both hold top-tier (tier-1) licences: Fusion Markets from ASIC, Pepperstone from ASIC and FCA.
- Fusion Markets is cheaper for EUR/USD: 0.45 pips all-in, compared with 0.7 pips all-in at Pepperstone.Edge: Fusion Markets
- Much of Fusion Markets' business runs through offshore companies, where client protection is usually weaker.Edge: Pepperstone
- We list Fusion Markets in 4 of the 14 countries we cover and Pepperstone in 11. They overlap in 4.Edge: Pepperstone
- Pepperstone gets more search attention than Fusion Markets (Market Signal 45 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 | Pepperstone |
|---|---|---|
| Australia | #15 of 1652/100Locally licensed FMGP Trading Group Pty Ltd · ASIC | #11 of 1660/100Locally licensed Pepperstone Group Limited · ASIC |
| Cyprus | #22 of 2850/100Locally licensed Fusion Markets EU Ltd · CySEC | #9 of 2860/100Locally licensed Pepperstone EU Limited · CySEC |
| Italy | #25 of 3150/100EU passport Fusion Markets EU Ltd · CySEC | #11 of 3160/100EU passport Pepperstone EU Limited · CySEC |
| Portugal | #23 of 2950/100EU passport Fusion Markets EU Ltd · CySEC | #10 of 2960/100EU passport Pepperstone EU Limited · CySEC |
| Austria | Not listed | #10 of 2860/100EU passport Pepperstone EU Limited · CySEC |
| Croatia | Not listed | #8 of 2660/100EU passport Pepperstone EU Limited · CySEC |
| Germany | Not listed | #11 of 2960/100EU passport Pepperstone EU Limited · CySEC |
| Netherlands | Not listed | #10 of 2860/100EU passport Pepperstone EU Limited · CySEC |
| Spain | Not listed | #11 of 2960/100EU passport Pepperstone EU Limited · CySEC |
| United Arab Emirates | Not listed | #8 of 1158/100Locally licensed Pepperstone Financial Services (DIFC) Ltd · DFSA |
| United Kingdom | Not listed | #12 of 1761/100Locally licensed Pepperstone Limited · FCA |
CFD brokers
| Country | Fusion Markets | Pepperstone |
|---|---|---|
| Australia | #17 of 1852/100Locally licensed FMGP Trading Group Pty Ltd · ASIC | #13 of 1860/100Locally licensed Pepperstone Group Limited · ASIC |
| Cyprus | #25 of 3050/100Locally licensed Fusion Markets EU Ltd · CySEC | #11 of 3060/100Locally licensed Pepperstone EU Limited · CySEC |
| Italy | #28 of 3350/100EU passport Fusion Markets EU Ltd · CySEC | #13 of 3360/100EU passport Pepperstone EU Limited · CySEC |
| Portugal | #26 of 3150/100EU passport Fusion Markets EU Ltd · CySEC | #12 of 3160/100EU passport Pepperstone EU Limited · CySEC |
| Austria | Not listed | #12 of 3060/100EU passport Pepperstone EU Limited · CySEC |
| Croatia | Not listed | #10 of 2860/100EU passport Pepperstone EU Limited · CySEC |
| Germany | Not listed | #13 of 3160/100EU passport Pepperstone EU Limited · CySEC |
| Netherlands | Not listed | #12 of 3060/100EU passport Pepperstone EU Limited · CySEC |
| Spain | Not listed | #13 of 3160/100EU passport Pepperstone EU Limited · CySEC |
| United Arab Emirates | Not listed | #9 of 1258/100Locally licensed Pepperstone Financial Services (DIFC) Ltd · DFSA |
| United Kingdom | Not listed | #13 of 1861/100Locally licensed Pepperstone Limited · FCA |
Fees and features side by side
| Fusion Markets | Pepperstone | |
|---|---|---|
| Products | Forex, CFDs | Forex, CFDs |
| Owner | Not verified yet | Pepperstone Group |
| EUR/USD all-in cost | 0.45 pips, Zero account (average major spread + commission) | 0.7 pips, Razor (min spread 0.0 pips + $3.50 per lot per side) |
| Inactivity fee | Not verified yet | None |
| Withdrawal fee | None | $20, international bank withdrawals only; other methods free |
| Minimum deposit | $0 (Fusion Markets International Ltd) | $10 (Pepperstone Markets Limited) |
| Instruments | 250+ | 1,350+ |
| Platforms | MetaTrader 4, MetaTrader 5, cTrader, TradingView | MT4, MT5, cTrader, TradingView |
| Deposit methods | Credit card, PayPal, Bank transfer, Skrill, Neteller | Debit/credit card, Apple Pay, Google Pay, PayPal, Skrill, Neteller, Bank transfer, Crypto |
| Withdrawal time (stated) | 85% of withdrawals in under an hour | up to 1 business day (cards, e-wallets, crypto); bank transfer up to 7 business days |
| Demo account | Yes | Yes |
| Support | phone | 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, Pepperstone).
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)
Fusion Markets vs Pepperstone: common questions
Which is better, Fusion Markets or Pepperstone?
We rank both for forex in 4 countries, and Pepperstone comes out ahead in every one of them. For reference, Fusion Markets' best ranking is #15 of 16 forex brokers in Australia, and Pepperstone's best ranking is #8 of 26 forex brokers in Croatia.
Is Fusion Markets cheaper than Pepperstone?
Fusion Markets is cheaper for EUR/USD: 0.45 pips all-in, compared with 0.7 pips all-in at Pepperstone.
Is Fusion Markets or Pepperstone better regulated?
Both hold top-tier (tier-1) licences: Fusion Markets from ASIC, Pepperstone from ASIC and FCA. 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 Pepperstone where I live?
We list Fusion Markets in 4 of the 14 countries we cover and Pepperstone in 11. They overlap in 4. For forex, you'll find both on our lists in Australia, Cyprus, Italy and Portugal.