FXCM vs Fusion Markets: Which Forex Broker Offers Better Trading in 2025?

This article provides a comparison of FXCM and Fusion Markets to aid traders in selecting the suitable broker in 2025.

FXCM and Fusion Markets are well-known forex brokers but vary in trading costs, regulation, platforms, and features.

In this guide, I will analyze their strengths, weaknesses, and overall performance from the perspective of a trader.

What is FXCM?

Founded in 1999, FXCM (Forex Capital Markets) is an online forex and CFD broker based in London and regarded as one of the world’s foremost online forex and CFD brokers.

FXCM has met the high standards of security and transparency required of regulators and has the UK’s Financial Conduct Authority (FCA) and the Australian Securities and Investments Commission (ASIC) as well as other regulatory authorities.

In addition to forex, FXCM also provides trading in commodities, cryptocurrencies, and indices using proprietary Trading Station and MetaTrader 4. Automated trading, educational materials, and advanced charting tools all help to make FXCM suitable for novices and seasoned traders alike.

Automated trading, educational materials, and advanced charting tools all help to make FXCM suitable for novices and seasoned traders alike. In addition to commendable reliability in execution, FXCM’s competitive spread offers tremendous value to customers.

What is Fusion Markets?

Established in 2017 and regulated by the Australian Securities and Investments Commission (ASIC), Fusion Markets is an Australian-based provider of online forex and CFD trading services.

Fusion Markets offers a variety of trading instruments including forex, commodities, indices, shares, and cryptocurrencies. Highly regarded for ultra-low trading costs, the broker has some of the lowest spreads and commissions in the industry.

Fusion Markets also offers their customers forex trading on MetaTrader 4, MetaTrader 5 and cTrader, thereby ensuring fast execution and satisfaction of a variety of user preferences. Transparency, flexibility, and excellent client support are values that all traders, and especially cost-conscious traders, come to expect in Fusion Markets.

Comparison of FXCM vs Fusion Markets

FXCM vs Fusion Markets Regulation

FXCM 

FXCM is overseen by the strong authorities like the UK’s Financial Conduct Authority (FCA), the Australian Securities & Investments Commission (ASIC), and the Financial Sector Conduct Authority (FSCA) in South Africa among others.

Such over-sight from multiple jurisdictions entails that FXCM would have to meet and maintain stringent expectations concerning the segregation of client funds to be maintained and the protection that deficit clients will be covered.

But against that guarantee of regulatory frameworks, the history of regulatory actions (for instance the FCA fined FXCM UK for misconduct) may result in a negative summary of the risk character.

Fusion Markets

Fusion Markets on the other hand holds regulation in Australia under ASIC (AFSL 385620) which is deemed a “tier-one” authority rep with formidable protection.

However, a portion of the clients that are outside Australia may be onboard under jurisdictions that are deemed less protective (e.g., under the Vanuatu Financial Services Commission (VFSC) and the Financial Services Authority (Seychelles) or the FSA)).

To add on, Fusion Markets is a member of the Financial Commission, an external dispute resolution body, which adds an extra layer of protection for clients in certain circumstances.

Account Types

Funding and Fees

Fusion Markets

• Fusion Markets does not charge any deposit fees for most of its payment options like bank transfers, cards, and e-wallets, for most jurisdictions.
• In many cases, withdraws are also free of charge on the brokers end. For instance, customers are able to withdraw money through local bank transfers, PayPal, and other platforms, and their fee states “$0”
• Keep in mind that with international bank transfers, intermediary banks charge their fees such as USD 20-30 which Fusion Markets are unable to defray .
• The speed of deposit processing depends on the payment method. Most of e-wallets and cards are processed instantly, while wire transfers take 1-5 business days .
• The “Zero” account has more trading-related fees. For instance, while using that account, you are subject to commissions of ~ USD 4.50 per large lot on trades. .
• As with any forex/CFD broker, overnight positions attract financing (swap) charges and no trading position is made free of charge .

FXCM

• Deposits: According to FXCM, the broker does not charge a fee for account funding. Upon requests, FXCM transactions states that account funds will be made available, and there are no additional gatekeeping for fees.
• Withdrawals:
  • Withdrawals for credit/debit cards: no fee charged on behalf of FXCM .
  • Withdrawals via Bank Wire: a USD $40 fee is charged for bank wire withdrawals.
• Deposits by cards: minimum deposit is around USD 50 for many regions; the broker states that there will be no other supporting administrative fee, though there is a fee from your bank.
• Trading costs: Spreads and the costs on overall trading could be perceived to be on the higher side on FXCM and not comparable to ultra-low cost brokers. One review noted that the typical cost of trading on a retail account was around USD 13 per standard lot on EUR/USD.
• Additional notes: Bank wire deposit/withdrawal will certainly involve your bank fees and FXCM is not responsible for bank intermediary charges.

Trading Platforms and Conditions

Education and Analytics

Customer Support

FXCM

FXCM is multi-channel customer support to help traders get support whenever required. This includes a 24-hour live web chat service, available five days a week. For each territory, there are international phone numbers and clients may email  (or region-specific addresses) to get general and account-related queries answered.

For issues related to the Trading Station and MT4, clients are helped by a Level II tech support assigned for each timezone and contacted within 1-2 business days when immediate resolution is not possible via live chat or phone.

For customer service, the service complaints procedure is precise: every customer is able to use an online complaint form and this is acknowledged with written response expected within eight weeks.

Fusion Markets

Fusion Markets also provides strong support channels. They provide a dedicated phone number (+61 3 8376 2706) and email .

Based on reviews, customers find Fusion’s live chat support efficient, responding in as little as one minute, and phone support is also available. For most regions, live chat and phone support are available 24/5 (during forex trading hours).

MarketBulls also reviews as responsive. They publicly post a complaints policy that ensures support must respond to a complaint acknowledgment and provide a reply in 30 days.

Pros & Cons

Pros & Cons FXCM

Pros:

• Strong Global Regulation: High transparency and client protection as the company is regulated by the FCA (UK), ASIC (Australia), and FSCA (South Africa).
• Multiple Trading Platforms: Flexibility in trading and advanced charting through MT4, Trading Station, and TradingView.
• Rich Educational Resources: Webinars, tutorials, and detailed market research are great for both novice and experienced traders.
• Reliable Customer Support: Multilingual 24/5 customer support with the option of local and international contacts.
• Advanced Research Tools: Use of economic calendars, various indicators, and professional-grade analytics for advanced research.

Cons:

• Higher Non-Trading Fees: The company charges withdrawal and inactivity fees which can impact long-term profitability.
• Limited Product Variety: Compared to full-service brokers, real stocks and ETFs available here are fewer.
• Past Regulatory Issues: Regulatory fines and sanctions in the past.
• Average Spreads: Compared to ultra-low-cost brokers such as Fusion Markets, spreads are higher.

Pros & Cons Fusion Markets

Pros:

• Ultra-Low Spreads: Offers some of the tightest spreads in the industry, starting from 0.0 pips on major pairs.
• Low Minimum Deposit: Starting your trading journey is affordable since you only need $1 to get going, which is particularly beneficial for newcomers.
• Multiple Trading Platforms: Whether you prefer MT4, MT5, cTrader, or TradingView, you can certainly find the platform that suits your trading style.
• Fast and Simple Account Opening: Quick KYC verification and onboarding is a hot commodity for new clients.
• No Deposit or Withdrawal Fees: Most of the time, there are no extra costs for traders to deposit and withdraw.
• Excellent Execution Speed: The order processing is fast enough for scalping and algorithmic trading, which is exactly what is needed for that type of trading.

Cons:

• Mixed Regulation: ASIC regulates the main entity, but less secure custoemr clients are onboarded under offshore jurisdictions with inadequate protection.
• Limited Educational Content: Unlike FXCM. educational materials and webinars are lacking.
• No Guaranteed Stop-Loss Orders: There is higher risk exposure when the market is volatile.
• Less Brand History: Unlike FXCM, being a new broker FXCM lacks that long established reputation.

Conclusion

To sum up, both FXCM and Fusion Markets are reputable brokers, albeit catering to slightly different trader needs.

FXCM’s distinguishes itself with its global regulation, custody of its proprietary platforms, and comprehensive educational and research instruments – supportive of more experienced traders who place a premium on dependability, and detailed research.

Conversely, with ultra-low spreads, several trading platforms (MT4, MT5, cTrader), and minimal deposit requirements, Fusion Markets is more appealing to cost-sensitive traders and beginners.

In finality, FXCM is more appropriate to traders in need of sophisticated trading infrastructure and oversight on a global scale, whilst Fusion Markets is more advantageous in price and flexibility of trading platforms.

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