IC Markets vs Fusion Markets: Which Broker Is Better?

IC Markets scores higher than Fusion Markets on BrokrRank (4.7 vs 4.5), mainly for a larger range of markets and stronger regulation. Fusion Markets is the cheaper of the two, with a lower commission per lot and no minimum deposit.

How do IC Markets and Fusion Markets compare?

IC Markets logoIC Markets
Fusion Markets logoFusion Markets
BrokrRank score4.74.5
Regulation & safety (35%)4.74.4
Trading costs (25%)4.95.0
Platforms (15%)4.94.6
Asset selection (15%)4.33.6
Account opening (10%)4.74.9
Minimum deposit$200$0
Commission per lot (raw account)$7$4.5
UAE licenceNone listedNone listed
Key regulatorsASIC, CySECASIC
PlatformsMT4, MT5, cTrader, TradingViewMT4, MT5, cTrader, TradingView, DupliTrade
Instruments2,200+250+ Instruments

Scores follow our rating methodology. Conditions are taken from each broker's published documents and can change; check the broker's site before opening an account.

Which is cheaper, IC Markets or Fusion Markets?

Fusion Markets scores a full 5.0 for costs in our ratings against 4.9 for IC Markets, with a lower commission on its raw-spread account and no minimum deposit.

Which offers more markets?

IC Markets lists around 2,200 instruments against roughly 250 at Fusion Markets, so IC Markets suits traders who want share CFDs as well as forex and indices.

Which is better regulated?

Both are ASIC-regulated in Australia. IC Markets also holds a CySEC licence, while Fusion Markets relies on offshore entities in Vanuatu and Seychelles for many international clients. Neither holds a UAE licence.

IC Markets

73.42% of retail CFD accounts lose money

Fusion Markets

74-89% of retail CFD accounts lose money. Your capital is at risk. Not financial advice.

BrokrRank may earn a commission if you open an account through the links above. This does not affect our ratings; see How We Make Money. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. This page is not investment advice. Our services are not intended for residents of the United States or Canada.

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