Fusion Markets vs Questrade - BrokerCue
BrokerCue

Select your country to see eligible brokers

Account eligibility and broker availability depend on your country of residence. Setting this now allows us to hide brokers that do not accept clients from your country.

Broker Comparison

Fusion Markets vs Questrade

Compare Fusion Markets and Questrade 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
Questrade

Questrade

Low-cost Canadian self-directed investors

Questrade is a Canadian independent online brokerage founded in 1999, offering commission-free stocks and ETFโ€ฆ

Head-to-head comparison

Fusion Markets vs Questrade
Feature Fusion Markets Questrade
Minimum deposit - -
Stock trading fee - $0 commission; ECN fees of approximately $0.0035-$0.0050 per share may apply on certain order types
Regulators ASIC, FSA, VFSC CIRO, CIPF
Best for Cost-focused forex and CFD traders Low-cost Canadian self-directed investors
Markets & account
Stocks
-
ETFs
-
Forex
CFDs
Crypto
-
Bonds
-
Options
-
Margin
Demo Account
Fractional Shares
-
Funds
-
Ready Made Portfolios
-

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
Questrade

Questrade

Pros

  • $0 commission on Canadian and U.S.-listed stocks and ETFs
  • No account, maintenance or inactivity fees
  • Fractional share investing on U.S.-listed securities
  • Multiple registered account types: TFSA, RRSP, FHSA, RESP, RRIF
  • Questwealth Portfolios robo-advisor with 0.20%-0.25% management fee
  • Free electronic fund transfer withdrawals
  • Practice accounts available on Questrade Edge and Questrade Global platforms
  • Independent of Canadian big banks

Cons

  • ECN fees can apply on certain stock and ETF orders
  • Mutual fund trades cost $9.95
  • Currency conversion mark-up of approximately 2%
  • Domestic wire withdrawal costs CAD $20; international wire costs CAD $40
  • Canadian options use a per-trade plus per-contract structure
  • Fractional shares available only on U.S.-listed securities, not Canadian
  • Advanced platform features and real-time data require paid subscription tiers
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.

Questrade

Questrade

Questrade is a Canadian independent online brokerage founded in 1999, offering commission-free stocks and ETFs, options, bonds, managed portfolios via Questwealth, and forex/CFD trading.

Your capital is at risk. Other fees apply.

Not the right match?

Line up any two brokers side by side, or browse the full list to find your next platform.