Fusion Markets vs IC Markets - BrokerCue
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Broker Comparison

Fusion Markets vs IC Markets

Compare Fusion Markets and IC Markets side by side: fees, regulation, platforms.

Fusion Markets

Fusion Markets

Cost-focused forex and CFD traders

Fusion Markets is an Australian CFD and forex broker offering MT4, MT5, cTrader and TradingView with low-costโ€ฆ

VS
IC Markets

IC Markets

Active forex and CFD traders

IC Markets is a Forex and CFD broker offering MT4, MT5, cTrader and TradingView, with raw spreads from 0.0 piโ€ฆ

Head-to-head comparison

Fusion Markets vs IC Markets
Feature Fusion Markets IC Markets
Minimum deposit - Raw Spread, cTrader and Standard accounts: $0; Raw Pro: $5,000; Raw Pro+: $100,000
Stock trading fee - ASX market data fee fixed at $22 AUD per month; ASX Share CFDs minimum commission fee of $7 AUD per trade
Regulators ASIC, FSA, VFSC FSA, CySEC
Best for Cost-focused forex and CFD traders Active forex and CFD traders
Markets & account
Stocks
-
Forex
CFDs
Crypto
Bonds
-
Futures
-
Margin
-
Demo Account

Pros & cons

Fusion Markets

Fusion Markets

Pros

  • Zero account commission of $4.50 round-turn is below the industry average
  • No minimum deposit requirement
  • No deposit, withdrawal, or inactivity fees
  • Four major platforms: MT4, MT5, cTrader and TradingView
  • Free VPS hosting for traders executing 20+ lots per month
  • ASIC-regulated with client funds in segregated NAB accounts
  • Fusion+ copy trading service free for traders meeting minimum 2.5 lot/month threshold
  • 24/7 live human customer support

Cons

  • No negative balance protection for clients under FSA or VFSC entities
  • No investor compensation scheme under any entity
  • Demo account expires after 30 days unless the live account is funded
  • Limited educational content compared to full-service brokers
  • Products limited to CFDs - no real stock or ETF ownership
  • High overnight swap rates relative to many competitors
  • cTrader and TradingView restricted to Zero account holders only
IC Markets

IC Markets

Pros

  • Raw spreads start from 0.0 pips
  • Raw Spread, cTrader and Standard accounts have $0 minimum deposit
  • Standard account shows $0 commission
  • IC charges no additional deposit or withdrawal fees
  • Average execution speed is under 40ms
  • 24-hour trading on over 100 leading US stocks
  • Free demo account is available

Cons

  • Raw Pro+ requires a $100,000 minimum deposit
  • Raw Pro requires a $5,000 minimum deposit
  • MetaTrader Raw Spread charges $3.50 per lot per side
  • ASX market data costs $22 AUD per month
  • ASX Share CFDs have a $7 AUD minimum commission per trade
  • International bank wire withdrawals may take up to 14 days
  • Withdrawal processing fee may apply if deposits were not used for trading
Fusion Markets

Fusion Markets

Fusion Markets is an Australian CFD and forex broker offering MT4, MT5, cTrader and TradingView with low-cost Classic and Zero account pricing.

Your capital is at risk. Other fees apply.

IC Markets

IC Markets

IC Markets is a Forex and CFD broker offering MT4, MT5, cTrader and TradingView, with raw spreads from 0.0 pips and forex, stocks, bonds, futures and crypto CFDs.

Your capital is at risk. Other fees apply.

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