FBS vs Fusion Markets - Fees Review included
Which broker is better FBS or Fusion Markets? Our expert assessment conducted according to TU’s own methodology showed that FBS is one of the top brokers in the financial market with the TU Overall Score of 7.33 out of 10. Fusion Markets is one of the top brokers in the financial market with the TU Overall Score of 7.19 out of 10. Find out more about TU Overall Score.
| Feature | FBS | Fusion Markets |
|---|---|---|
Overall |
4.3 |
4.3 |
4.6 |
4.2 |
|
3.9 |
4.8 |
|
4.1 |
3.6 |
|
Investment Instruments |
4.7 |
4.9 |
Platforms and Charting Tools |
4.5 |
4.4 |
Deposit and Withdrawal |
4.2 |
4.6 |
Research |
3.9 |
3.8 |
Education |
4.2 |
3.5 |
Support |
3.9 |
4.3 |
Bonuses |
5 |
3.1 |
|
|
|
FBS vs Fusion Markets: Pros and Cons
FBS (fbs.com) is an international broker operating in 190 countries. The brokerage company has been on the market for over 10 years, and during this time it has earned about 40 international awards. It is regulated by the CySEC under license number 331/17 and provides flexible conditions for Forex trading. FBS is especially popular in Asian countries such as India, Malaysia and Indonesia.
Fusion Markets is a young broker from Australia. It was created in November 2017 and began to provide full services in 2019. The company offers to trade in currency pairs and CFDs. Headquartered in Cremorne, Melbourne, Australia, the broker is regulated by ASIC (Australian Securities and Investment Commission) and VFSC (Vanuatu Financial Services Commission).
| FBS | Fusion Markets | |
|---|---|---|
| Overall Pros | A large selection of trading instruments | Low trading fees |
| Copyt trading platform | Fast registration and convenient trader's office | |
| $140 no-deposit bonus (not available for EU clients) | Several copy trading and MAM services | |
| Crypto account | Advanced ECN account | |
| no minimum account size | ||
| No fees for US Shares CFDs trading | ||
| Overall Cons | Hihg trading fees | Limited number of supported assets |
| Slow exacution speed | lack of educational content | |
| Not able in New Zealand, Russia, Ukraine, United States or its territories. | ||
| Not regulated in EU and UK |
FBS vs Fusion Markets: Safety and Regulation
| FBS | Fusion Markets | |
|---|---|---|
Max. Regulation Level |
Tier-1 |
Tier-1 |
Investor protection |
€20,000 |
No |
FCA UK Regulation |
No |
No |
FINRA (U.S) |
No |
No |
BaFin (Germany) |
No |
No |
ASIC (Australia) |
No |
Yes |
CFTC (U.S) |
No |
No |
MAS |
No |
No |
FSCA SA |
No |
No |
BVI FSC |
No |
No |
VFSC |
No |
Yes |
FSA (Seychelles) |
No |
No |
FBS vs Fusion Markets: Trading Conditions
| Trading Conditions | FBS | Fusion Markets |
|---|---|---|
Minimum Deposit |
$1 |
$1 |
Trading Platforms |
MetaTrader 4, MetaTrader 5, FBS Trader |
МТ4 (desktop, mobile, web), МТ5 (desktop, mobile), WebTrader |
Max Leverage (Futures) |
401769 |
1-30, 1-500 (just for Vanuatu regulated entity) |
Supported Markets |
Forex, CFDs on stocks, indices, metals, energies, crypto |
|
Trading assets |
200+ |
200+ |
Trading Accounts |
Standard, Cent, ECN, Micro, Zero Spread, Copy Trade |
Demo, Classic, Zero |
Base Account Currencies |
EUR, USD |
AUD, USD, EUR, GBP, JPY, CAD, SGD, THB |
FBS vs Fusion Markets: Fees
| FBS | Fusion Markets | |
|---|---|---|
Standard acc. spread EUR/USD, min pips |
0,7 |
0,1 |
Standard acc. spread EUR/USD, max pips |
1,3 |
0,4 |
ECN Commission |
2,25 |
|
ECN Spread EUR/USD |
0,1 |
|
Deposit fee, % |
No |
No |
Withdrawal fee, % |
No |
No |
Withdrawal fee, USD |
No |
No |
Inactivity fee, $ |
No |
No |
A conversion fee may be applied as withdrawals and deposits are conducted in USD. Any other currency will have to be converted.
FBS vs Fusion Markets: Trading Assets
| Asset Name | FBS | Fusion Markets |
|---|---|---|
Overall |
200+ |
200+ |
Forex |
Yes |
Yes |
Stocks |
Yes (CFD) |
Yes (CFD) |
Metals |
Yes (CFD) |
Yes (CFD) |
Cryptocurrencies |
Yes (CFD) |
Yes (CFD) |
Energy |
Yes (CFD) |
Yes (CFD) |
Indices |
Yes (CFD) |
Yes (CFD) |
ETFs |
No |
No |
Bonds |
No |
No |
Mutual funds |
No |
No |
Stock options |
No |
No |
Futures Trading |
No |
No |
Binary Options |
No |
No |
FBS or Fusion Markets: Investment Programs
| Asset Name | FBS | Fusion Markets |
|---|---|---|
Copy Trading |
Yes |
Yes |
MAM/PAMM |
Yes |
Yes |
Managed Accounts |
No |
No |
Other |
No |
No |
Trading Platforms: Fusion Markets or FBS
| FBS | Fusion Markets | |
|---|---|---|
MT4 |
Yes |
Yes |
MT5 |
Yes |
Yes |
cTrader |
No |
no |
Appropriate platform |
FBSTrader |
No |
Others |
No |
No |
|
|
|
FBS vs Fusion Markets: Deposit and Withdrawal Methods
| FBS | Fusion Markets | |
|---|---|---|
Bank Wire |
Yes |
Yes |
Bank Card |
Yes |
Yes |
Neteller |
Yes |
Yes |
BTC |
No |
No |
Wise |
No |
No |
Payoneer |
No |
No |
USDT |
No |
No |
FBS vs Fusion Markets: Research
| Research Type | FBS | Fusion Markets |
|---|---|---|
News Feed |
Yes |
Yes |
Fundamental Data |
Yes |
No |
Chart Analysis |
Yes |
Yes |
Trading Ideas |
Yes |
Yes |
E-Mail Reports |
Yes |
No |
FBS vs Fusion Markets: Education
| Education Type | FBS | Fusion Markets |
|---|---|---|
Demo-account/Paper Trading |
Yes |
Yes |
Webinars |
Yes |
No |
Articles |
Yes |
Yes |
Videos |
Yes |
Yes |
Cent account |
Yes |
No |
Fusion Markets vs FBS: Support
| Support Features | FBS | Fusion Markets |
|---|---|---|
Working Days |
24/5 |
24/5 |
Yes |
Yes |
|
Phone |
Yes |
Yes |
Online chat |
Yes |
Yes |
Other |
FB Messenger |
No |
FBS vs Fusion Markets: Forex Bonuses and Promo
| Promo | FBS | Fusion Markets |
|---|---|---|
Forex Bonus |
$140 no deposit bonus, up to 100% deposit bonus (Bonuses are not available for EU and UK clients) |
No |
Affiliate Program |
Invite a friend affiliate program. As soon as your friend registers and starts trading, the broker will deposit $50 to the account of each member of the affiliate program which includes the referral and the partner who attracted him. Fusion Affiliates program - will be interesting for trading sites, popular Youtube channels, bloggers, arbitrageurs, email marketers, media, as well as those who have a lot of subscribers in social networks. |
|
Other Promos |
By activating the option in the personal account, a trader can receive a cashback of up to $15 per lot |
"Bring a friend" bonus, according to the rules. For an attracted active referral, you can get either a bonus on the account or benefits on commissions. Check with the support team for the most current details. |
|
|
|
Top 5 Reviews on Fusion Markets
-
Comment
Fusion Markets is regulated by ASIC and VFSC, which provides basic fund protection but does not include compensation fund insurance. Accounts are available in USD, EUR, GBP, JPY, SGD, and THB. Only live accounts—Classic and Zero—are supported, as the broker does not offer demo accounts. The partnership programs are divided into IB and Affiliate models, allowing for ongoing income from client trade commissions. Despite its strong focus on experienced users, the broker offers quick account setup and a low minimum deposit of just $1, which may appeal to beginner traders.
-
Comment
Fusion Markets targets a professional audience, especially when it comes to copy trading. The ability to connect to managed accounts via MAM or PAMM with a minimum threshold of $5,000 and a mandatory license for the manager makes this service appealing for long-term investors. The range of assets includes over 90 currency pairs, 100 CFDs on stocks, metals, indices, and cryptocurrencies. On the downside, the lack of webinars and educational courses may be limiting for beginners.
-
Comment
Fusion Markets is a solid choice for those looking for a simple and transparent commission structure. The Zero account is ideal for scalping and news trading, thanks to instant execution and no hidden fees. Leverage varies—from 1:30 under ASIC regulation to 1:500 via VFSC—so it’s important to pay attention to the jurisdiction when signing up. There are no bonuses or promotions, but the affiliate program offers $50 for each referred client, which can be appealing for partners.
-
Comment
Fusion Markets is geared toward traders who value low costs and a user-friendly interface. You can trade via MetaTrader 4, MetaTrader 5, and cTrader, allowing for platform flexibility based on personal preferences. Margin requirements include a 90% stop-out level and leverage of up to 1:500, which may appeal to experienced speculators. However, the lack of a bonus program and cent accounts limits flexibility for beginners. For professional money managers, a MAM service is available, requiring at least 3 months of experience and a minimum of 3 clients.
-
Comment
Fusion Markets offers transparent trading conditions, particularly attractive for active traders. Zero-type spreads start from 0 pips, with a round-turn commission of $4.50. For those who prefer commission-free trading, a Classic account is available with spreads starting from 0.8 pips. The broker is regulated by ASIC (No. 385620), which adds credibility, though clients from the EU and some other regions may find the level of protection somewhat limited. The minimum deposit is just $1, but full access to MAM strategies requires the manager to have at least $5,000 in their account.
Top 5 Reviews on FBS
-
Comment
Broker FBS provides access to trading on more than 150 markets, including forex, indices, metals, and futures contracts. The minimum deposit is $5, making FBS accessible for beginner traders. Leverage goes up to 1:3000, and the minimum spread on major currency pairs starts from 0.7 pips. Trading platforms available include MetaTrader 4, MetaTrader 5, and FBS Trader, with a minimum trade size of 0.01 lots.
-
Comment
I've been working with FBS for over six months. Withdrawals to a card usually take up to 48 hours, and fees depend on the chosen method. On the Pro account, spreads start from 0.5 pips but can widen during news releases. The company is regulated by the IFSC — not the strictest regulator, but it's something.
-
Comment
I occasionally use copy trading from FBS. It’s convenient that you can start with just $1. However, when choosing a trader, it’s important to carefully analyze their statistics — not all of them trade consistently. On the plus side, there’s automation; on the downside, the search filters are limited.
-
Comment
I started working with FBS because of the wide variety of account types. The conditions vary: for example, the Cent account requires just a $1 minimum deposit, while the ECN account starts at $1000. Each account suits a different trading strategy. The key is to carefully review the spreads and commissions before opening an account.
-
Comment
I did not get the answer I was seeking or I might have read a different thing online, I really can’t say because when I contacted the FBS support team. After trying the live chat option to no avail, I decided to try the Telegram channel. Initially, it was supposed to be a bot but I got a message that an agent would join. When I asked for the accounts available and features and the ideal one for Forex I got a long message which I did not understand (I was expecting a list of accounts and their features). Later the agent said they only offer standard accounts.
FAQs
What should I start Forex trading with?
It is desirable for novice traders to explore trading using a demo account to learn the market and how to work on the trading platform without the risk of suffering losses. At the same time, it is advisable to review the educational materials of the broker, learn trading basics. Then you can deposit the minimum required amount to perform a small number of transactions. If you manage to close several months in a row in the black, without substantial drawdowns on the account, then you can try increasing your deposit. Also trying to copy trades automatically is a good option for a start.
What amount should I start trading with?
The minimum deposit of $10 may be enough to trade on the cent account. However, for trading on Standard/ECT accounts, experts recommend starting with at least $200-500. With this amount, you can use not a very big leverage. Remember, getting carried away with the margin is the main cause of losses among beginners.
What should I take into consideration when choosing a broker?
Experts recommend looking at the broker’s reliability first and foremost. The other important features include basic trading conditions, commissions and fees, customer reviews. If brokers are approximately the same in terms of basic criteria, you need to choose based on your experience and tasks. One broker may be good for professionals and another – for novice traders.
Is it possible to be scammed by a broker with a license from a reputable regulator?
In theory, yes. But in practice, it takes so much time and money to comply with the requirements of reputable regulators that it is not worth it for scammers to bother obtaining a legitimate license.
Team that worked on the article
Mikhail Vnuchkov joined Traders Union as an author in 2020. He began his professional career as a journalist-observer at a small online financial publication, where he covered global economic events and discussed their impact on the segment of financial investment, including investor income. With five years of experience in finance, Mikhail joined Traders Union team, where he is in charge of forming the pool of latest news for traders, who trade stocks, cryptocurrencies, Forex instruments and fixed income.