Fusion Markets vs Global Prime
Fusion Markets | Global Prime |
---|---|
4.5
|
3.8
|
Traders from US not accepted
|
Traders from US not accepted
|
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. |
Global Prime is a multi-regulated trading broker offering 150+ markets. Traders can get started with a $200 minimum deposit and trade with leverage up to 1:100. The firm also has a high trust score and a good reputation with a license from the ASIC. |
Customer Reviews | |
4
Based on 2 Fusion Markets customer reviews
|
|
Comment by Reviewer | |
"Fusion Markets is a standout option for forex traders looking for excellent pricing with spreads near zero, industry-low commissions and recently TradingView integration. It’s a particularly good broker for Australian traders where the company is headquartered and regulated by the ASIC." | "Global Prime is suitable for both beginners and seasoned traders with excellent market access, low fees and a range of tools including copy trading." |
Pros | |
|
|
Cons | |
|
|
Instruments | |
CFDs, Forex, Stocks, Indices, Commodities, Crypto | Forex, indices, commodities, cryptocurrencies, shares, bonds |
Demo Account | |
Yes | Yes |
Minimum Deposit | |
$0 | A$200 |
Trading Platforms | |
|
|
Payment Methods | |
Minimum Trade | |
0.01 Lots | 0.01 Lots |
Regulator | |
ASIC, VFSC, FSA | ASIC, VFSC, FSA |
Margin Trading | |
Yes | Yes |
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 | Yes |
Robo Advisor | |
No | No |
Negative Balance Protection | |
Yes | Yes |
Market Maker | |
No | No |
P2P Trading | |
No | No |
Spot Trading | |
Yes | No |
Mobile Apps | |
iOS & Android | iOS & Android |
App Review | |
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 Although we find the design of the MetaTrader app increasingly outdated, detracting from the user experience, it excels for its premium charting package, integrated news stream and push notifications.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 day traders. |
|
Android App Rating | |
4.4 |
|
iOS App Rating | |
4.8 |
|
Auto Trading | |
Expert Advisors (EAs) on MetaTrader, cBots on cTrader | Yes |
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. | Interact with and copy the trades of experienced investors with Global Prime's exclusive copy trading service. Over 40 different setups can be copied on the popular Myfxbook Autotrade platform. |
Social Trading | |
Yes | Yes |
VPS Hosting | |
Yes | 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 | No |
Account Currencies | |
|
|
Stock Exchanges | |
Commodities | |
CFD Trading | |
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. | Global Prime offers CFD trading opportunities on 150+ global markets including forex, indices, commodities, cryptocurrencies and bonds. Spreads are tight with a raw ECN account available starting from zero. |
Leverage | |
1:500 | 1:200 |
FTSE Spread | |
1.0 | 0.84 |
GBPUSD Spread | |
0.13 | 0.64 |
Oil Spread | |
2.0 | 1.6 |
Stocks Spread | |
0.01 (Apple Inc) | Variable |
Forex Trading | |
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. | Global Prime traders can access 48 forex pairs including majors, minors and exotics with tight spreads from 0.9 with no commission or from 0 with a $7 round turn. Forex is traded via the leading MT4 platform, micro lots are available and latency is low via a New York-based server. |
Forex App | |
The MT4 platform is available on Android and iOS. The application offers advanced charting, automated trading plus an integrated news stream. Clients can manage all forex trading activity from the free mobile app. |
|
GBPUSD Spread | |
0.13 | 0.75 |
EURUSD Spread | |
0.05 | 0.16 |
EURGBP Spread | |
0.09 | 0.85 |
Assets | |
90+ | 48 |
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. | Global Prime crypto CFDs cover a good range of 35 tokens with impressive commissions of 0.1% and leverage available in some jurisdictions. The tokens include Bitcoin, Ethereum and other popular choices as well as smaller tokens like Sandbox and Avalanche. |
Spread | |
From 0.04% | Floating |
Coins | |
|
|
Crypto Lending | |
No | No |
Crypto Mining | |
No | No |
Crypto Staking | |
No | No |
Auto Market Maker | |
No | No |