IFC Markets vs Fusion Markets

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

IFC Markets vs Fusion Markets Comparison Table 2024
IFC Markets Fusion Markets
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2.9
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4.5
IFC Markets is ranked #93 among CFD brokers. Fusion Markets is ranked #20 among CFD brokers.
IFC Markets is an STP broker that was founded in 2006 and has since gained 200,000 clients and several awards. This broker has some of the most interesting and wide-ranging additional tools, elevating its clients' trading experience via portfolio quoting, personal composite instruments and extensive analytics. 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.
Pros
  • Users can choose from the powerful MT4, MT5 or the firm's proprietary NetTradeX platform for all assets
  • I appreciate that the broker offers beginner-friendly Micro accounts with a minimum deposit of just $1
  • The brokerage supports a unique system that allows clients to develop their own synthetic instruments
  • IFC Markets clients can trade more than 600 instruments with fixed or floating spreads from 0.4 pips
  • Clients have a wide range of payment methods and base currencies to choose from
  • 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.
Cons
  • IFC Markets is regulated by the British Virgin Islands Financial Services Commission, a weak financial regulator
  • I'm disappointed that several payment methods incur steep deposit and withdrawal fees of up to 20%
  • GBP base currency isn't supported, so UK clients will have to pay hefty currency conversion fees
  • 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.
Awards
  • Best Broker South East Asia 2020 - International Business Magazine 
FCA Regulated
No

List of FCA Regulated Brokers

No

List of FCA Regulated Brokers

Instruments
Forex, CFDs, indices, shares, commodities, cryptocurrencies, ETFs, bonds CFDs, Forex, Stocks, Indices, Commodities, Crypto
Demo Account
Yes Yes
Minimum Deposit
$1, ¥100 $0
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
BVI FSC, SC, Labuan Financial Services Authority ASIC, VFSC, FSA
Mobile Apps
Yes 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
Android App Rating
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4.4
Margin Trading
No Yes
MetaTrader 4
Yes Yes
MetaTrader 5
Yes Yes
cTrader
No Yes
AlgoTrader
No No
OmniTrader
No No
TradingView
No Yes
Autochartist
No No
eSignal
No No
Trading Central
No No
STP Account
No No
ECN Account
No Yes
DMA Account
No No
MAM Account
No Yes
PAMM Account
No Yes
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
No Yes
Market Maker
No No
P2P Trading
No No
Spot Trading
No Yes
Auto Trading
Yes (APIs) Expert Advisors (EAs) on MetaTrader, cBots on cTrader
Copy Trading
Yes Yes
Copy Trading Platform
Follow and profit from top traders using IFC Market's copy solution. 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.
Social Trading
Yes Yes
Trade Signals
Yes (Via Chartist Software)
VPS Hosting
No Yes
Tournaments
No No
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
Commodities
  • Gold
  • Silver
  • Copper
  • Cotton
  • Corn
  • Coffee
  • Palladium
  • Cocoa
  • Wheat
  • Soybeans
  • Orange Juice
  • Gold
  • Silver
  • Oil
  • Aluminium
  • Copper
  • Palladium
  • Platinum
  • Zinc
  • Wheat
  • Corn
  • Cotton
  • Cocoa
  • Coffee
  • Sugar
  • Natural Gas
  • Nickel
  • Lead
  • Soybeans
  • Orange Juice
CFD
IFC Markets clients can access CFDs across commodities, cryptos, indices and ETFs. I’m pleased to see that assets are all available on MT4, MT5 and NetTradeX with decent leverage rates of up to 1:400. 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.
Leverage
1:400 1:500
FTSE Spread
300 1.0
GBPUSD Spread<
3 0.13
Oil Spread
12 2.0
Stocks Spread
Variable 0.01 (Apple Inc)
Forex
I like that there’s a decent range of 50+ major, minor and exotic forex pairs available at IFC Markets, with just a $1 minimum deposit. That said, spreads are fixed from 1.8 pips, which isn’t the lowest I’ve seen. 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.
Assets
50 90+
GBPUSD Spread
3 0.13
EURUSD Spread
1.8 0.05
EURGBP Spread
1.8 0.09
Currency Indices
  • USD
  • EUR
  • GBP
  • JPY
  • CAD
Cryptocurrency
IFC Markets also boasts a good selection of 15 cryptocurrency CFD pairs and I’m particularly impressed to see Bitcoin futures on offer. The free demo account is an excellent place to start if you want to practice your crypto trading strategies. 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
50 pips From 0.04%
Coins
  • BTC
  • 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
IFC Markets Fusion Markets
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