Fusion Markets vs FXCentrum

Fusion Markets or FXCentrum – which is better for UK traders 2024? Compare Fusion Markets and FXCentrum in this detailed breakdown of their platforms, features and fees.

Fusion Markets vs FXCentrum Comparison Table 2024
Fusion Markets FXCentrum
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4.5
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3.3
Fusion Markets is ranked #19 among CFD brokers. FXCentrum is ranked #85 among CFD brokers.
Fusion Markets is an online broker established in 2017 and regulated by the ASIC, VFSC and FSA. It is best known for its low-cost forex and CFD trading, although its multiple account types and copy trading solutions cater to a range of traders. New clients can sign up and start trading in 3 easy steps. FXCentrum is an offshore broker that offers highly leveraged, commission-free trading on diverse instruments with tight spreads. Traders can access forex, equity and commodities markets via MetaTrader 5 or the proprietary FXC platform and use the award-winning ZuluTrade platform for copy trading.
Pros
  • The market analysis features, Market Buzz and Analyst Views, are great tools for discovering opportunities and conveniently integrated into the client dashboard.
  • The range of charting platforms and social trading features is excellent, with MT4, MT5, cTrader and more recently TradingView, catering to a wide range of trader preferences.
  • Fusion Markets continues to impress with its pricing that provides tight spreads with below-average commissions that will appeal to active traders.
  • Fusion Markets is set up to support algo traders with a sponsored VPS solution and a 25% discount if you opt for the NYC Servers VPS for MT4 or cTrader.
  • Average execution speeds of around 37 milliseconds are noticeably faster than many rivals and can help traders secure optimal prices in fast-moving markets.
  • Fusion Markets offers best-in-class support with very fast, friendly and helpful responses during tests and no frustrating automated chatbot to navigate.
  • Very competitive pricing with no commissions and spreads from 0.2 pips
  • Flexible trading platform options with the popular MetaTrader 5 as well as a bespoke platform
  • Good selection of forex, stocks and commodities to trade with over 3000 instruments
  • Personal 'retention manager' assigned to account holders
  • Great suite of educational content for beginners
  • Low starting deposit of just $10
  • Copy trading via ZuluTrade
Cons
  • Fusion Market trails alternatives, notably eToro and IG, in the education department with limited guides and live video sessions to upskill new traders.
  • While the selection of currency pairs trumps most rivals, the broker's alternative investment offering is average with no stock CFDs beyond the US.
  • Traders outside of Australia must sign up with weakly regulated global entities with limited safeguards and no negative balance protection.
  • There is no proprietary trading platform or app built with beginners in mind, a notable drawback compared to AvaTrade.
  • The demo account expires after 30 days, limiting its potential as a useful trading tool alongside a real-money account.
  • Few educational resources or additional tools for advanced traders
  • Bonuses have difficult withdrawal requirements
  • Clients from USA and Poland not accepted
  • Monthly withdrawal charges
  • No MetaTrader 4 platform
  • Monthly inactivity fee
  • Offshore regulation
FCA Regulated
No

List of FCA Regulated Brokers

No

List of FCA Regulated Brokers

Instruments
CFDs, Forex, Stocks, Indices, Commodities, Crypto CFDs, Forex, Stocks, ETFs, Commodities
Bonus
$160 no deposit bonus
Demo Account
Yes Yes
Minimum Deposit
$0 $10
Payment Methods
Minimum Trade
0.01 Lots 0.1 Lots
Regulator
ASIC, VFSC, FSA SFSA
Mobile Apps
iOS & Android iOS & Android
Trading App

Fusion Markets offers seamless integration with the cTrader, MT4, MT5 and TradingView apps, available on Android or iOS. Although we find the design of the MetaTrader app increasingly outdated, detracting from the user experience, it excels for its premium charting package, integrated news stream and push notifications. The cTrader app performed even better during tests, featuring a superior design and an extensive suite of over 70 indictors and 26 timeframes, making it the obvious choice for advanced traders.

iOS App Rating
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4.8
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Android App Rating
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4.4
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Margin Trading
Yes Yes
MetaTrader 4
Yes No
MetaTrader 5
Yes Yes
cTrader
Yes No
AlgoTrader
No No
OmniTrader
No No
TradingView
Yes No
Autochartist
No No
eSignal
No No
Trading Central
No No
STP Account
No Yes
ECN Account
Yes Yes
DMA Account
No No
MAM Account
Yes No
PAMM Account
Yes No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
Yes Yes
Market Maker
No No
P2P Trading
No No
Spot Trading
Yes Yes
Auto Trading
Expert Advisors (EAs) on MetaTrader, cBots on cTrader Expert Advisors (EAs) on MetaTrader
Copy Trading
Yes Yes
Copy Trading Platform
Fusion+, the broker's native copy trading platform, offers access to experienced traders with low fees and a hassle-free follower process. Alternatively, a third-party tool, DupliTrade, connects aspiring investors with established traders, ensuring a choice of hands-free solutions for different preferences. Copy trading is available via the award-winning ZuluTrade platform. There are over 100,000 registered users and master traders, providing an array of trading opportunities and strategies to follow.
Social Trading
Yes Yes
Trade Signals
Yes
VPS Hosting
Yes No
Tournaments
No Yes
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
$0
Islamic Account
Yes Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • NZD
  • JPY
  • CHF
  • HKD
  • SGD
  • USD
  • EUR
Commodities
  • Gold
  • Silver
  • Oil
  • Aluminium
  • Copper
  • Palladium
  • Platinum
  • Zinc
  • Wheat
  • Corn
  • Cotton
  • Cocoa
  • Coffee
  • Sugar
  • Natural Gas
  • Nickel
  • Lead
  • Soybeans
  • Orange Juice
  • Cocoa
  • Coffee
  • Gold
  • Silver
  • Oil
  • Copper
  • Gasoline
  • Platinum
  • Aluminium
  • Nickel
CFD
You can go long or short on a range of CFDs covering forex, commodities, shares, indices and cryptos. High leverage up to 1:500 is available for experienced traders in some locations, whilst beginners will appreciate access to micro-lots. There are no restrictions on short-term trading strategies using CFDs. Trade commission-free CFDs on 3000+ instruments from forex, stock and commodities markets with volumes starting from 0.1 lots, a low minimum deposit of $10 and tight floating spreads. The selection of CFDs beats most competitors.
Leverage
1:500 1:1000
FTSE Spread
1.0 2.0
GBPUSD Spread<
0.13 0.4
Oil Spread
2.0 0.05
Stocks Spread
0.01 Variable
Forex
Fusion Markets offers an excellent selection of 90+ currency pairs, providing a range of short-term trading opportunities. It continues to excel for its ultra-tight spreads from 0.0 pips and exceptionally low commissions of $2.25 per side. You also get access to leading forex software in MetaTrader 4. Trade 50+ forex pairs including popular majors and minors with very high leverage available up to 1:1000. Gold, silver, palladium and platinum pairs with USD are also available.
Assets
90+ 50+
GBPUSD Spread
0.13 0.4
EURUSD Spread
0.05 0.2
EURGBP Spread
0.09 0.5
Cryptocurrency
Fusion Markets offers the best-known crypto tokens paired with USD, and up to 1:10 leverage depending on your location. Bitcoin spreads are competitive starting from 0.04%, while it shines for its top-notch charting tools in MT4, MT5, cTrader and TradingView.
Spread
From 0.04%
Coins
  • BTC
  • BCH
  • ADA
  • ETH
  • LTC
  • EOS
  • XLM
  • DOT
  • LNK
  • AVAX
  • SOL
  • MATIC
  • DOGE
  • BNB
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
Fusion Markets FXCentrum
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