When you’re selecting a broker, a comparison between Eightcap and Fusion Markets showcases two very different value propositions.
Eightcap stands out for its generous regulation and wide range of instruments, while Fusion Markets focuses on ultra-low trading costs and flexibility with very low or no minimum deposits. It ultimate comes down to whether trading efficiency or the level of regulation is more important to you.
What Is Eightcap?
Founded in Melbourne, Australia, and operational since 2009, EightCap is a licensed global broker. EightCap has diversified its market accessibility to allow its clients access to trading of commodities, cryptocurrencies, indices, forex, and shares.
EightCap trading conditions are secure and transparent owing to regulation by ASIC and SCB. Offers trading platforms are MetaTrader 4, MetaTrader 5, and TradingView, which supports both beginners and advanced traders.
In a bid to achieve a seamless trading experience for users, EightCap has fast execution and low spreads running its services on flexible leverage.
What Is Fusion Markets
Fusion Markets is an Australian online forex and CFD broker established in 2017 with access to global markets forex, CFDs, commodities, indices, shares and cryptocurrencies. Since it is regulated by Australian Financial Security Authority (ASIC) and VFSC, it offers safe and transparent trading environments.
Because of its ultra-low trading costs, tight spreads, and quick execution, it is one of the best in the markets. It provides trading solutions to beginner and professional traders around the globe on MetaTrader 4 and MetaTrader 5, both affordable and efficient.
Key Eightcap and IC Markets based on your provided details
| Feature | Eightcap | IC Markets |
|---|---|---|
| Headquarters | Australia | Australia |
| Regulators | ASIC, CySEC, FCA, SCB | ASIC, CySEC, FSA |
| Tier 1 Regulator(s)? | ✅ Yes | ✅ Yes |
| Owned by Public Company? | ❌ No | ❌ No |
| Year Established | 2009 | 2010 |
| Execution Type(s) | ECN/STP, Market Maker | ECN/STP |
| Minimum Deposit | $100 | $200 |
| Negative Balance Protection | N/A | ✅ Yes |
| Trading Platform(s) | MetaTrader 4, MetaTrader 5, TradingView | MetaTrader 4, MetaTrader 5, cTrader |
| Average Trading Cost (EUR/USD) | 1.0 pips | 0.0 pips ($0.00) |
| Average Trading Cost (GBP/USD) | 1.2 pips | 0.0 pips ($0.00) |
| Average Trading Cost (WTI Crude Oil) | $0.03 | $0.03 |
| Average Trading Cost (Gold) | $0.12 | $0.05 |
| Minimum Commission for Forex | $7.00 per Round Lot | N/A |
| Islamic Account | ✅ Yes | ✅ Yes |
| Signals | ✅ Yes | ✅ Yes |
| US Persons Accepted? | ❌ No | ❌ No |
| Managed Accounts | ❌ No | ✅ Yes |
| Visit Website | Visit Website | Visit Website |
Eightcap vs : Fusion Markets Features
Eightcap Features
- Trading Instruments: Provides over 1,000 instruments inclusive of Forex, Crypto CFDs, Indices CFDs, Commodities CFDs, and Stocks CFDs.
- Maximum Leverage: Up to 500:1 under SCB regulation and 30:1 for ASIC, CySEC, FCA.
- Minimum Deposit: $100 or equivalents in other currencies.
- Account Types: Provides three account types — Raw Account, Standard Account, and TradingView Account.
- Fees: $3.5 per lot per side for the Raw Account and 1 pip spread for both the Standard and TradingView Accounts.
- PAMM/MAM: Available where money managers can effectively manage multiple accounts.
- Scalping: Allowed.
- News Trading: Allowed.
- EA/Robot Trading: Allowed.
Fusion Markets Features
- Trading Instruments: Provides 250+ instruments such as Forex, Metals, Indices, and Energy.
- Maximum Leverage: Up to 500:1 depending on the jurisdiction and type of asset.
- Minimum Deposit: No minimum deposit required, allowing traders to begin with any amount they choose.
- Account Types: Offers two account types — Zero Account and Classic Account.
- Trading Fees: On the Classic Account, your spreads begin at 0.9 pips or $2.25 per lot per side on the Zero Account.
- PAMM/MAM: Available, preferable for fund managers and multi-account traders.
- Scalping: Allowed, traders are able to execute high-frequency, short-duration trades.
- News Trading: Allowed, suitable for traders who exploit market volatility caused by the release of economic data.
- EA/Robot Trading: Allowed, full support is given for automated and algorithmic strategies.
Conditions
| Feature | Eightcap | Fusion Markets |
|---|---|---|
| Forex Pairs | 55 | 81 |
| Crypto Pairs | 100 | 13 |
| Pros | Great platform choice, Excellent education, Low minimum deposits, Tight spreads, Excellent market analysis | Great platform choice, Excellent education, Low minimum deposits, Tight spreads, Excellent market analysis |
| Cons | Limited demo account, No swap-free account option | Limited demo account, No swap-free account option |
| % Lose with this broker | 0% | 89% |
| Leverage | 500:1 | 500:1 |
| Spread | 0 pips | 0 pips |
| Hedging | Yes | Yes |
| Scalping | Yes | Yes |
| Account Types | Raw, Standard, TradingView | Classic, Zero |
| Islamic Account | No | Yes |
| Trading Platforms | MT4, MT5, TradingView | MT4, MT5, cTrader, TradingView |
| Funding Methods | Bank Transfer, BPay, Mastercard, Neteller, POLi, Skrill, UnionPay, Visa | Astropay, Bank Transfer, Cryptocurrencies, Mastercard, Neteller, Paypal, PerfectMoney, Skrill, Visa |
| Trading Commissions | 7 USD / lot | 4.5 AUD / lot (EUR/USD) |
| Minimum Deposit | AUD 100 | AUD 0 |
| Trading Cost | AUD 10 | AUD 4.50 |
Fees
| Feature | Eightcap | IC Markets |
|---|---|---|
| Average Trading Cost EUR/USD | 1.0 pips | 0.0 pips ($0.00) |
| Average Trading Cost GBP/USD | 1.2 pips | 0.0 pips ($0.00) |
| Average Trading Cost WTI Crude Oil | $0.03 | $0.03 |
| Average Trading Cost Gold | $0.12 | $0.05 |
| Average Trading Cost Bitcoin | $12 | $12.47 |
| Minimum Commission for Forex | $7.00 per Round Lot | N/A |
| Withdrawal Fee | N/A | N/A |
| Inactivity Fee | No | N/A |
Regulation
| Feature | Eightcap | Fusion Markets |
|---|---|---|
| Regulation | Australian Securities & Investments Commission (ASIC), Cyprus Securities & Exchange Commission (CySEC), Financial Conduct Authority (FCA), Securities Commission of the Bahamas (SCB) | Australian Securities & Investments Commission (ASIC), Vanuatu Financial Services Commission (VFSC) |
| Trading Desk Type | Market Maker, NDD (No Dealing Desk) | ECN/DMA (Electronic Communication Network / Direct Market Access) |
| Trading Instruments | Commodities, Cryptocurrencies, Stock CFDs, Forex, Indices, Metals | Commodities, Cryptocurrencies, Stock CFDs, Forex, Indices |
Pros & Cons of Eightcap vs Fusion Markets
Pros & Cons of Eightcap
| Pros | Cons |
|---|---|
| Regulated by multiple top‑tier authorities including ASIC, FCA and CySEC. | Range of markets (assets/instruments) is narrower than some competitors. |
| Competitive trading costs: very tight raw spreads from ~0.0 pips and low commissions on the Raw account. | Educational resources, research tools and market‑analysis are limited compared with larger brokers. |
| Low minimum deposit (≈ $100) makes it accessible to many traders. | Not all client protections are available across all jurisdictions (e.g., negative balance protection may be missing). |
| Supports major platforms (MT4, MT5, TradingView) for flexible trading styles. | Some regional restrictions apply: for example, availability of account types, leverage or protections may vary by local entity. |
| No deposit fees and a generally transparent fee structure for many account types. | Does not offer a proprietary platform (only third‑party platforms) which some traders may prefer. |
Pros & Cons of Fusion Markets
| Pros | Cons |
|---|---|
| Extremely low trading costs with tight spreads and low/no non‑trading fees. | Product range and tradable instruments are somewhat limited compared to many competitors. |
| No minimum deposit required in many cases, making access easier for smaller traders. | Not all jurisdictions offer the same level of investor protection; for some clients regulatory safeguards are weaker. |
| Offers multiple strong trading platforms (MT4, MT5, cTrader, TradingView) and supports scalping, EAs, news trading. | Educational resources and research tools are less robust compared to industry‑leading brokers. |
| No or very low inactivity fees, and good customer support responses according to user reviews. | The broker is relatively younger and some traders report issues with withdrawals or delays in certain cases. |
Trust and Regulation
When selecting a Forex broker, trust and compliance to avoid legal issues is paramount, as they signal the trustworthiness of a broker and the safety of client funds. Brokers with top-tier regulatory licenses will ensure greater safety for the investors and implement stricter standards on the operational side.
When comparing:
- Eightcap has three Tier 1 licenses but does not have Tier 2 licenses, suggesting a higher trust rating.
- Fusion Markets holds one Tier 1 license and lacks Tier 2 licenses too, and hence has a comparatively lower trust rating.
Trustworthiness in the case of Eightcap is because of the more extensive regulatory oversight on the top tiers.
Eightcap vs Fusion Markets Customer Support
Comments from users suggest that Eightcap offers commendable customer support. Users appreciate prompt customer support through various options—live chat, telephone, and email. Most users find live chat responses to be less than five minutes.
On the other hand, support is only available from Monday to Friday and the phone support is less responsive.
On the other hand, customer service at Fusion Markets has received positive remarks and customer reviews highlighted the fast, courteous and responsive service, effective customer satisfaction, and quick withdrawal processing.
Overall, considering the level of customer support, it seems that Fusion Markets offers a slightly better experience. For Eightcap, the support is still very reliable, albeit with a reduction in coverage on weekends and outside standard market hours.
Conclusion
To conclude, both Eightcap and Fusion Markets present admirable options for forex and CFD traders, each having their own pros and cons. For Eightcap, having multiple Tier 1 jurisdictions is positive, having a variety of accounts and a wide range of instruments is also helpful.
Users did note some downsides though, such as limited educational content and client protection being a bit less consistent in some areas.
For Fusion Markets, exceeding client expectations in terms of customer service as well as having low account balances and flexible cost structures, is a positive, however, having less product options and lower regulation is a downside.
Ultimately, your decision will be based on your priorities such as trust, low cost, or availability of options within a platform.
FAQ
What trading platforms do they offer?
Eightcap provides MetaTrader 4, MetaTrader 5, and TradingView, allowing users to trade with popular desktop and mobile platforms. Fusion Markets supports MT4, MT5, cTrader, and TradingView, giving traders a wider platform choice including cTrader’s advanced features.
What is the minimum deposit?
Eightcap requires a minimum deposit of around $100, while Fusion Markets allows deposits as low as possible, effectively having no minimum.
Are Islamic or swap-free accounts available?
Eightcap does not clearly provide swap-free accounts, whereas Fusion Markets offers Islamic accounts for clients needing them.
How are they regulated?
Eightcap holds multiple Tier 1 regulatory licenses from ASIC, FCA, and CySEC, giving it a higher trust rating. Fusion Markets is regulated by ASIC and Vanuatu authorities but has fewer top-tier licenses.
