Interactive Brokers
Fusion Markets
Interactive Brokers vs Fusion Markets
A detailed side-by-side comparison based on our hands-on testing across 8 scoring categories.
Interactive Brokers and Fusion Markets are both popular choices for forex and CFD traders, but they cater to different needs and experience levels. Interactive Brokers, founded in 1978 and headquartered in Greenwich, USA, is regulated by SEC, FCA, ASIC, MAS, IIROC and offers spreads starting from 0.1 pips with a minimum deposit of $0. Fusion Markets, established in 2017 in Melbourne, Australia, holds licenses from ASIC, VFSC with spreads from 0.0 pips and a $0 minimum deposit. In our hands-on testing across 8 scoring categories, Interactive Brokers scored 9.2/10 overall compared to Fusion Markets's 8.1/10, making it the stronger pick for most traders. That said, Fusion Markets holds its own with overall value, so your ideal broker depends on what you prioritize in a trading partner.
Key Differences at a Glance
- 📊
Interactive Brokers scores 9.2/10 overall vs 8.1/10 for Fusion Markets — a 1.1-point difference.
- 📈
Interactive Brokers offers 1,000,000+ instruments vs 250+ at Fusion Markets — a massive gap in market coverage.
- 🖥️
Interactive Brokers runs on TWS, IBKR Mobile, IBKR GlobalTrader, while Fusion Markets uses MT4, MT5, cTrader — different ecosystems for different trading styles.
- ⚡
The biggest gap is in Research & Analysis: Interactive Brokers scores 9.5 vs 6.5 for Fusion Markets — a 3.0-point difference.
Our Verdict
Interactive Brokers
Score: 9.2/10 · Wins 5 categories- You're a beginner who values learning resources
- You need advanced trading platforms and tools
- Top-tier regulation and fund safety are your priority
- You want access to a wider range of instruments
Fusion Markets
Score: 8.1/10 · Wins 0 categories- You prefer Fusion Markets's trading environment overall
Interactive Brokers takes the lead with an overall score of 9.2/10 compared to 8.1/10, winning in 5 out of 8 scoring categories. Interactive Brokers stands out for better trading platforms and stronger regulation, while Fusion Markets remains a solid alternative.
Detailed Verdict
After testing both brokers with real accounts, Interactive Brokers comes out ahead with a 9.2/10 overall rating, winning 5 out of 8 categories. Its strongest area is Regulation & Trust where it scores 10.0/10. Interactive Brokers holds Tier 1 regulation, meaning your funds benefit from top-level investor protection including segregated accounts and compensation schemes. Fusion Markets is not without merit — it scores 8.1/10 overall and excels in Trading Costs (9.5/10). For a complete breakdown, read our full Interactive Brokers review and Fusion Markets review — both include account opening walkthroughs, platform screenshots, and withdrawal test results.
Score Breakdown
Interactive Brokers wins by 0.5 points
Interactive Brokers wins by 2.5 points
Interactive Brokers wins by 2.0 points
Interactive Brokers wins by 3.0 points
Interactive Brokers wins by 3.0 points
Full Feature Comparison
| Feature | ||
|---|---|---|
| Overall Score | 9.2/10 ✓ | 8.1/10 |
| Min Deposit Lower is better | $0 ✓ | $0 ✓ |
| Max Leverage | 1:50 | 1:500 |
| Spreads From | 0.1 pips | 0.0 pips |
| Platforms | TWS, IBKR Mobile, IBKR GlobalTrader | MT4, MT5, cTrader |
| Regulation | SEC, FCA, ASIC, MAS, IIROC | ASIC, VFSC |
| Founded Older track record highlighted | 1978 ✓ | 2017 |
| Markets | 1,000,000+ ✓ | 250+ |
Fees & Costs
When it comes to trading costs, Interactive Brokers has the edge with a score of 9.5/10 versus 9.5/10 for Fusion Markets. Interactive Brokers offers spreads starting from 0.1 pips, while Fusion Markets starts from 0.0 pips. The minimum deposit at Interactive Brokers is $0, compared to $0 at Fusion Markets. Both brokers operate primarily on a spread-based pricing model, though actual costs vary by account type and instrument. For high-volume traders, even small spread differences add up significantly over time, making this an important category to weigh carefully.
Trading Platforms
Interactive Brokers scores 8.5/10 for platforms compared to 8/10 for Fusion Markets. Interactive Brokers provides TWS, IBKR Mobile, IBKR GlobalTrader, while Fusion Markets offers MT4, MT5, cTrader. The choice of platform affects your charting, order execution speed, and available technical indicators. Traders who rely on MetaTrader's algorithmic trading capabilities should check which MT4/MT5 features each broker supports, including custom indicators and expert advisors.
Regulation & Safety
Regulation is crucial for fund safety. Interactive Brokers is regulated by SEC, FCA, ASIC, MAS, IIROC (Tier 1), while Fusion Markets holds licenses from ASIC, VFSC (Tier 1). Interactive Brokers scores 10/10 and Fusion Markets scores 7.5/10 in this category. Tier 1 regulators like FCA, ASIC, and CySEC offer the strongest investor protection, including segregated client funds and compensation schemes. Always verify your broker's specific license for your jurisdiction before opening an account.
Education & Research
For learning resources, Interactive Brokers leads with 8/10 compared to 6/10. Quality education materials can shorten your learning curve significantly. Look for brokers offering structured courses, live webinars, and practice demo accounts. Interactive Brokers and Fusion Markets both provide demo accounts for risk-free practice, but the depth of educational content varies. Beginners should prioritize this category when choosing between the two.
Customer Support
Interactive Brokers offers 24/6 Live Chat, Email, Phone and scores 7.5/10, while Fusion Markets provides 24/5 Live Chat, Email with a score of 7.5/10. Reliable support becomes critical during market volatility or when you encounter account issues. Look for brokers with 24/5 or 24/7 availability, multiple contact channels, and support in your preferred language.
Deposit & Withdrawal
Interactive Brokers scores 8/10 for deposits and withdrawals, while Fusion Markets scores 8/10. Interactive Brokers accepts Bank Transfer, ACH, and Fusion Markets supports Bank Transfer, Credit Card, Skrill, Neteller, Crypto. Processing times, fees, and available currencies vary. Interactive Brokers requires a minimum deposit of $0 versus $0 for Fusion Markets. Always check withdrawal conditions and any potential fees before funding your account.
Which Broker Is Right for You?
Choose Interactive Brokers if you...
- You're a beginner who values learning resources
- You need advanced trading platforms and tools
- Top-tier regulation and fund safety are your priority
- You want access to a wider range of instruments
Choose Fusion Markets if you...
- You prefer Fusion Markets's trading environment overall
🗳️ Which Broker Do You Prefer?
Cast your vote — see what other traders think
Frequently Asked Questions
Is Interactive Brokers better than Fusion Markets?
Interactive Brokers scores higher overall (9.2/10 vs 8.1/10), winning 5 of 8 categories. However, Fusion Markets remains competitive. The best choice depends on what matters most to your trading style.
Which has lower fees, Interactive Brokers or Fusion Markets?
Interactive Brokers scores higher for trading costs. Interactive Brokers offers spreads from 0.1 pips with a $0 minimum deposit, while Fusion Markets starts from 0.0 pips with $0 minimum. Actual trading costs depend on your instrument, volume, and account type.
Is Interactive Brokers safe to trade with?
Interactive Brokers is regulated by SEC, FCA, ASIC, MAS, IIROC and scores 10/10 for regulation. Fusion Markets is regulated by ASIC, VFSC with a score of 7.5/10. Both hold recognized licenses, but verify the specific entity covering your region.
Which has better trading platforms, Interactive Brokers or Fusion Markets?
Interactive Brokers scores 8.5/10 for platforms. Interactive Brokers offers TWS, IBKR Mobile, IBKR GlobalTrader, while Fusion Markets provides MT4, MT5, cTrader. Your ideal platform depends on whether you prefer proprietary tools, MetaTrader, or third-party solutions.
What's the minimum deposit for Interactive Brokers vs Fusion Markets?
Interactive Brokers requires a minimum deposit of $0, while Fusion Markets requires $0. Fusion Markets has the lower entry barrier, making it more accessible for beginners or those testing with smaller amounts.
Ready to Start Trading?
Open a free account with either broker and start trading today.