MultiBank vs Fusion Markets - Fees Review included
Which broker is better MultiBank or Fusion Markets? Our expert assessment conducted according to TU’s own methodology showed that MultiBank is one of the top brokers in the financial market with the TU Overall Score of 6.82 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 | MultiBank | Fusion Markets |
|---|---|---|
Overall |
4.2 |
4.3 |
4.9 |
4.2 |
|
4.0 |
4.8 |
|
4.8 |
3.6 |
|
Investment Instruments |
4.8 |
4.9 |
Platforms and Charting Tools |
3.9 |
4.4 |
Deposit and Withdrawal |
4.3 |
4.6 |
Research |
3.1 |
3.8 |
Education |
2.8 |
3.5 |
Support |
4.1 |
4.3 |
Bonuses |
4.3 |
3.1 |
|
|
|
MultiBank vs Fusion Markets: Pros and Cons
Established in 2005, MultiBank Group has successfully stamped its authority in the world of trading. It has a valid impact in the foreign exchange industry with providing exemplary products, services, and trading platforms. With a paid-up capital of over $322 million, MultiBank Group is recognized as one of the largest only financial derivatives providers worldwide. The Group is closely supervised by over 10 financial regulators worldwide across various jurisdictions, what ensures investor protection. Entities regulated by ASIC, BAFIN, CNMV, FMA, TFG, HKCE, AUSTRAC, VFSA, CIMA.
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).
| MultiBank | Fusion Markets | |
|---|---|---|
| Overall Pros | Professional ECN accounts with floating spreads from 0.1 pips | Low trading fees |
| popular trading platforms MT4 and MT5, mobile apps and web terminals compatible with various OS and browsers | Fast registration and convenient trader's office | |
| several options for passive earnings including a service for copying trades, PAMM accounts, and an affiliate program | Several copy trading and MAM services | |
| 20,000+ CFD Products across six asset classes | Advanced ECN account | |
| supervised by over 10 financial regulators worldwide across various jurisdictions | no minimum account size | |
| No fees for US Shares CFDs trading | ||
| Overall Cons | trading restrictions on scalping | Limited number of supported assets |
| Limited education and research | lack of educational content | |
| High inactivity fee | Not able in New Zealand, Russia, Ukraine, United States or its territories. | |
| Not regulated in EU and UK |
MultiBank vs Fusion Markets: Safety and Regulation
| MultiBank | Fusion Markets | |
|---|---|---|
Max. Regulation Level |
Tier-1 |
Tier-1 |
Investor protection |
€20,000 €100,000 (DE) SGD 75,000 |
No |
FCA UK Regulation |
No |
No |
FINRA (U.S) |
No |
No |
BaFin (Germany) |
Yes |
No |
ASIC (Australia) |
Yes |
Yes |
CFTC (U.S) |
No |
No |
MAS |
Yes |
No |
FSCA SA |
No |
No |
BVI FSC |
Yes |
No |
VFSC |
Yes |
Yes |
FSA (Seychelles) |
No |
No |
MultiBank vs Fusion Markets: Trading Conditions
| Trading Conditions | MultiBank | Fusion Markets |
|---|---|---|
Minimum Deposit |
$50 |
$1 |
Trading Platforms |
MT4, MT5, WebTrader, Mobile app |
МТ4 (desktop, mobile, web), МТ5 (desktop, mobile), WebTrader |
Max Leverage (Futures) |
1-500 (no for all markets, EU, AU - 1-30, please look for your regulator rules) |
1-30, 1-500 (just for Vanuatu regulated entity) |
Supported Markets |
Forex, Metals, Shares, Indices, Commodities, Cryptocurrencies |
|
Trading assets |
20000+ |
200+ |
Trading Accounts |
Pro, ECN, Standard, Demo |
Demo, Classic, Zero |
Base Account Currencies |
USD, GBP, EUR, CHF, AUD, AED, NZD, CAD |
AUD, USD, EUR, GBP, JPY, CAD, SGD, THB |
MultiBank vs Fusion Markets: Fees
| MultiBank | Fusion Markets | |
|---|---|---|
Standard acc. spread EUR/USD, min pips |
0,1 |
0,1 |
Standard acc. spread EUR/USD, max pips |
0,5 |
0,4 |
ECN Commission |
3 |
2,25 |
ECN Spread EUR/USD |
0,3 |
0,1 |
Deposit fee, % |
No |
No |
Withdrawal fee, % |
No |
No |
Withdrawal fee, USD |
No |
No |
Inactivity fee, $ |
60 |
No |
A conversion fee may be applied as withdrawals and deposits are conducted in USD. Any other currency will have to be converted.
MultiBank vs Fusion Markets: Trading Assets
| Asset Name | MultiBank | Fusion Markets |
|---|---|---|
Overall |
20000+ |
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 |
MultiBank or Fusion Markets: Investment Programs
| Asset Name | MultiBank | Fusion Markets |
|---|---|---|
Copy Trading |
Yes |
Yes |
MAM/PAMM |
Yes |
Yes |
Managed Accounts |
No |
No |
Other |
No |
No |
Trading Platforms: Fusion Markets or MultiBank
| MultiBank | Fusion Markets | |
|---|---|---|
MT4 |
Yes |
Yes |
MT5 |
Yes |
Yes |
cTrader |
No |
no |
Appropriate platform |
No |
No |
Others |
No |
No |
|
|
|
MultiBank vs Fusion Markets: Deposit and Withdrawal Methods
| MultiBank | Fusion Markets | |
|---|---|---|
Bank Wire |
Yes |
Yes |
Bank Card |
Yes |
Yes |
Neteller |
Yes |
Yes |
BTC |
Yes |
Yes |
Wise |
No |
No |
Payoneer |
No |
No |
USDT |
Yes |
Yes |
MultiBank vs Fusion Markets: Research
| Research Type | MultiBank | Fusion Markets |
|---|---|---|
News Feed |
Yes |
Yes |
Fundamental Data |
No |
No |
Chart Analysis |
Yes |
Yes |
Trading Ideas |
No |
Yes |
E-Mail Reports |
NO |
No |
MultiBank vs Fusion Markets: Education
| Education Type | MultiBank | Fusion Markets |
|---|---|---|
Demo-account/Paper Trading |
Yes |
Yes |
Webinars |
No |
No |
Articles |
Yes |
Yes |
Videos |
Yes |
Yes |
Cent account |
No |
No |
Fusion Markets vs MultiBank: Support
| Support Features | MultiBank | Fusion Markets |
|---|---|---|
Working Days |
24/5 |
24/5 |
Yes |
Yes |
|
Phone |
Yes |
Yes |
Online chat |
Yes |
Yes |
Other |
No |
No |
MultiBank vs Fusion Markets: Forex Bonuses and Promo
| Promo | MultiBank | Fusion Markets |
|---|---|---|
Forex Bonus |
“Trading Bonuses”, traders can benefit from various trading bonuses including the 20% deposit bonus whereby traders can earn a bonus up to $40,000 |
No |
Affiliate Program |
“Introducing Broker Program”, this IB program is dedicated to benefit a community of 30,000+ IBs with one of the highest rebates and offers in the industry. “CPA Affiliate Program”, this CPA program allows digital marketers such as portal websites, media buyers, email marketers, affiliate networks, bloggers, and influencers of the forex or financial services community to earn a commission for every active trader they introduce to MultiBank Group. |
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 |
"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. |
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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 MultiBank
-
Comment
MultiBank is regulated by a significant number of authorities—licensed in 11 jurisdictions including BaFin, ASIC, CySEC, CIMA, MAS, and others—which enhances client trust. In terms of safety, negative balance protection is in place, and the stop-out level is set at 50%. The minimum trade size is 0.01 lots, while Pro and ECN accounts with tighter spreads and faster execution are available for high-volume clients. Withdrawals are guaranteed within 24 hours; however, customer support doesn’t always respond promptly to complex inquiries, despite claiming 24/7 availability.
-
Comment
MultiBank offers a wide range of platforms — MT4, MT5, WebTrader, and a mobile app — making it convenient for traders with different styles. The minimum deposit is $50, and spreads start from 0.3 pips on major currency pairs. One of MultiBank’s strengths is its extensive range of instruments: over 20,000 CFDs on currencies, stocks, indices, metals, commodities, and cryptocurrencies. Leverage of up to 1:500 allows for aggressive position building, though new clients should be mindful of the associated risks. Funding and withdrawals are available in over six account currencies with a variety of methods, including cards, e-wallets, and cryptocurrencies. Withdrawal fees aren’t always clearly stated, so it’s best to check the terms for your selected method in advance.
-
Comment
I think that MultiBank is a reliable and normal broker. Ask why? Because my money was drained with another company, and when I registered and started trading with MultiBank I had no problems. The quotes are real, and most importantly, I managed to earn $300 in 2 months with a deposit of $2,000, although I’m not that experienced. I think I’ll continue trading here and if anything changes — I’ll let you know.
-
Comment
I recommend working with MultiBank to everyone, and for novice traders I recommend trading on a demo account until you learn how to trade profitably. For normal trading, MultiBank requires a sufficient deposit. But with a small deposit there is absolutely nothing to do in the financial market. The platform is normal and with a good strategy you can make money here.
-
Comment
I’ve been trading with multibank for about a year. At first I started with a small deposit, as I wanted to check the conditions and had doubts about withdrawals. Yes, the first withdrawal was delayed for several days, but subsequent ones were without problems — withdrawals arrived on the day of requests. Personally, I have no problems with MultiBank, perhaps because I trade honestly and not aggressively.
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.