Tickmill vs Fusion Markets - Fees Review included
Which broker is better Tickmill or Fusion Markets? Our expert assessment conducted according to TU’s own methodology showed that Tickmill is one of the top brokers in the financial market with the TU Overall Score of 8.37 out of 10. Fusion Markets is one of the top brokers in the financial market with the TU Overall Score of 6.18 out of 10. Find out more about TU Overall Score.
| Feature | Tickmill | Fusion Markets |
|---|---|---|
Overall |
4.6 |
4.3 |
4.9 |
4.2 |
|
4.9 |
4.8 |
|
4.1 |
3.6 |
|
Investment Instruments |
3.9 |
4.9 |
Platforms and Charting Tools |
4.2 |
4.4 |
Deposit and Withdrawal |
4.5 |
4.6 |
Research |
4.2 |
3.8 |
Education |
4.0 |
3.5 |
Support |
4.5 |
4.3 |
Bonuses |
4.6 |
3.1 |
|
|
|
Tickmill vs Fusion Markets: Pros and Cons
Tickmill brokerage introduces a new standard in the provision of brokerage services. The focus on innovation is what the company is proud of and why traders choose it. The trading conditions of the broker are appreciated by fans of scalping and passive trading with the help of robots because Tickmill provides minimal spreads. The company has earned many awards. Thus, for two years in a row (2018 and 2019), it was awarded the “Best Execution Broker” title, and it also won the “Most Transparent Broker” title in 2019.
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).
| Tickmill | Fusion Markets | |
|---|---|---|
| Overall Pros | Well-Regulated broker | Low trading fees |
| Ultra low ECN trading fees | Fast registration and convenient trader's office | |
| Any strategy is allowed | Several copy trading and MAM services | |
| no-deposit bonus $30 (only for international entety) | Advanced ECN account | |
| Free deposit and withdrawal | no minimum account size | |
| ECN trading account | No fees for US Shares CFDs trading | |
| Limited choice of trading assets | ||
| Overall Cons | Limited number of supported assets | |
| lack of educational content | ||
| Not able in New Zealand, Russia, Ukraine, United States or its territories. | ||
| Not regulated in EU and UK |
Tickmill vs Fusion Markets: Safety and Regulation
| Regulated By: | Tickmill | Fusion Markets |
|---|---|---|
US Regulation |
No |
No |
FCA (Great Britain) |
Yes |
No |
CySec (Cyprus, EU) |
Yes |
No |
ASIC (Australia) |
No |
Yes |
Other Regulators |
FSCA (Seychelles), Malaysia |
Vanuatu company (Company Number 40256) and is regulated by the VFSC |
Tickmill vs Fusion Markets: Trading Conditions
| Trading Conditions | Tickmill | Fusion Markets |
|---|---|---|
Minimum Deposit |
$100 |
$1 |
Trading Platforms |
MT4, MT5 |
МТ4 (desktop, mobile, web), МТ5 (desktop, mobile), WebTrader |
Max Leverage (Futures) |
1-500 |
1-30, 1-500 (just for Vanuatu regulated entity) |
Supported Markets |
Forex, CFDs on indices, commodities, crypto, metals, stocks, bonds |
|
Trading assets |
200+ |
200+ |
Trading Accounts |
Classic, Pro, VIP, Demo |
Demo, Classic, Zero |
Base Account Currencies |
USD, EUR, GBP |
AUD, USD, EUR, GBP, JPY, CAD, SGD, THB |
Tickmill vs Fusion Markets: Fees
Forex Trading Fees
| Fee | Tickmill | Fusion Markets |
|---|---|---|
Standard Account EURUSD Average Spread |
1.6 pips |
0.8 pips |
Standard Account Fee |
$0 |
$0 |
ECN/STP Account Fee |
$2 per lot |
$2.25 per lot |
ECN Account EUR Average Spread |
0.1 pip |
0.2 pips |
CFD Trading Fees
| Fee | Tickmill | Fusion Markets |
|---|---|---|
CFD Trading Fee |
Floating spread |
Floating spread |
Non-Trading Fees
| Fee | Tickmill | Fusion Markets |
|---|---|---|
Account Fee |
No |
No |
Deposit Fee |
No |
No |
Withdrawal Fee |
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.
Tickmill vs Fusion Markets: Trading Assets
| Asset Name | Tickmill | 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 |
Yes (CFD) |
No |
Bonds |
Yes (CFD) |
No |
Mutual funds |
No |
No |
Stock options |
No |
No |
Futures Trading |
No |
No |
Binary Options |
No |
No |
Tickmill or Fusion Markets: Investment Programs
| Asset Name | Tickmill | Fusion Markets |
|---|---|---|
Copy Trading |
Yes |
Yes |
MAM/PAMM |
No |
Yes |
Managed Accounts |
No |
No |
Other |
No |
No |
Trading Platforms: Fusion Markets or Tickmill
| Tickmill | Fusion Markets | |
|---|---|---|
MT4 |
Yes |
Yes |
MT5 |
Yes |
Yes |
cTrader |
No |
no |
Appropriate platform |
No |
No |
Others |
No |
No |
|
|
|
Tickmill vs Fusion Markets: Deposit and Withdrawal Methods
| Deposit and Withdrawal Method | Tickmill | Fusion Markets |
|---|---|---|
Bank Transfer |
Yes |
Yes |
Debit Card |
Yes |
Yes |
Electronic Wallets |
Yes |
Yes (not available for all countries) |
Crypto |
No |
No |
Tickmill vs Fusion Markets: Research
| Research Type | Tickmill | Fusion Markets |
|---|---|---|
News Feed |
Yes |
Yes |
Fundamental Data |
Yes |
No |
Chart Analysis |
Yes |
Yes |
Trading Ideas |
No |
Yes |
E-Mail Reports |
Yes |
No |
Tickmill vs Fusion Markets: Education
| Education Type | Tickmill | Fusion Markets |
|---|---|---|
Demo-account/Paper Trading |
Yes |
Yes |
Webinars |
Yes |
No |
Articles |
Yes |
Yes |
Videos |
Yes |
Yes |
Cent account |
Yes |
No |
Fusion Markets vs Tickmill: Support
| Support Features | Tickmill | Fusion Markets |
|---|---|---|
Working Days |
24/5 |
24/5 |
Yes |
Yes |
|
Phone |
Yes |
Yes |
Online chat |
Yes |
Yes |
Other |
No |
No |
Tickmill vs Fusion Markets: Forex Bonuses and Promo
| Promo | Tickmill | Fusion Markets |
|---|---|---|
Forex Bonus |
$30 welcome bonus |
No |
Affiliate Program |
Yes |
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 |
Trading contests |
"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 reliable. Neither I nor my fellow traders have had any problems with it. Fusion Markets withdraws client profits without delays and is not engaged in fraud. They also noted that the company does not pursue any illegal or hidden goals. Thus, you can trade with confidence on the Fusion Markets platform.
-
Comment
I started trading on the Forex Markets through Fusion Markets. Traders I know told me that this company was transparent and there were no hidden problems. I started with a small trading account and then increased it. Now I have been trading with Fusion Markets for five years; I am happy with everything here.
-
Comment
Fusion Market offers seamless depositing, withdrawal, and transfer between accounts. All operations are carried out promptly and clearly. You can choose a company with various regulators and trading conditions. Spreads are at an acceptable level, though they may widen. The customer support is excellent, quickly responding to all inquiries. Currently, I continue my collaboration with Fusion Market.
-
Comment
I have been using the services of the Fusion Market broker for a year and a half now and it fully matches my trading strategy. Although I can’t say that everything is going smoothly, the conditions are good: moderate spreads and swaps. I have already withdrawn money three times and each time it happened without any problems. Therefore, my feedback is positive.
-
Comment
FusionMarkets broker is excellent. I liked working with this company. There were delays in processing withdrawals, however, a couple of times. I have several cards open for brokerage. The analytics are good, I constantly additionally browse on German business platforms. I just started working because I was laid off, but I saw a lot of interesting options. I like to work for myself at home. And the level is quite high. I believe that there are a lot of opportunities on the FusionMarkets website for beginners and professionals
Top 5 Reviews on Tickmill
-
Comment
I trade independently and believe that Tickmill is honest. From time to time I attend webinars that provide quite good analytics, which are more aimed at novice traders. Once I had a problem with an order, but the broker decided in my favor and canceled the trade. Withdrawing money is fast, I use a bank card for this. I can recommend Tickmill.
-
Comment
Recently I received affiliate payments from tickmill. I am very glad, since it is a good percentage of my passive income. But I recommend Tickmill because it respects traders. The platform is quite functional, spreads are narrow, and fees on the ECN account are small. There are no problems with withdrawals; I have never been deceived.
-
Comment
I have been using the brokerage services of Tickmill for over two years. It's a serious broker with transparent conditions. I am currently trading on a classic account, but I plan to switch to the Pro account because Tickmill offers zero spreads on that account, which is very beneficial for active trading. I withdraw profits to my bank account, and the funds are received within three days.
-
Comment
Tickmill is an excellent broker. I recommend it to everyone who trades or starts trading. I started trading with Tickmill several years ago. I didn’t find any problems with the system connection of the platform. This broker withdraws money without any problems.
-
Comment
I would like to share my experience with Tickmill, which turned out to be a good choice. Positive aspects include high leverage, which can be useful for experienced traders. Accounts are open incredibly quickly within only 3 minutes. I liked that information on the Tickmill website is available in different languages, which makes it easy to interact with. All this made my work in the market easy and comfortable. I actively trade major currency pairs and spreads on them fully meet my requirements.
- Quotex vs Tickmill
- TIOmarkets vs Tickmill
- AMEGA vs Tickmill
- Deriv vs Tickmill
- MTrading vs Tickmill
- Eightcap vs Tickmill
- XTB vs Tickmill
- Capital.com vs Tickmill
- FBS vs Tickmill
- Tickmill vs AMP Global
- Tickmill vs Vantage
- Tickmill vs BlackBull Markets
- Tickmill vs London Capital Group (LCG)
- Tickmill vs FXCC
- Tickmill vs Fullerton Markets
- Tickmill vs FXChoice
- Tickmill vs IFC Markets
- Tickmill vs NAGA
- Tickmill vs IG
- Tickmill vs Dukascopy
- Tickmill vs WelTrade
- Tickmill vs FP Markets
- Tickmill vs OctaFX
- Tickmill vs HotForex
- Tickmill vs Pepperstone
- Tickmill vs FXTM
- Tickmill vs Interactive Brokers
- Tickmill vs AvaTrade
- Tickmill vs Forex.com
- Tickmill vs XM
- Tickmill vs Oanda
- Tickmill vs IC Markets
- Tickmill vs Exness
- Tickmill vs RoboForex
- FxPro vs Tickmill
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.
The area of responsibility of Mikhail includes covering the news of currency and stock markets, fact checking, updating and editing the content published on the Traders Union website. He successfully analyzes complex financial issues and explains their meaning in simple and understandable language for ordinary people. Mikhail generates content that provides full contact with the readers.
Mikhail’s motto: Learn something new and share your experience – never stop!