BlackBull Markets and Fusion Markets are online Forex and CFD brokers that offer trading services to traders and investors worldwide. Both brokers are regulated by top-tier regulatory authorities. BlackBull Markets is regulated by two tier-1 jurisdictions, and one tier-4 jurisdictions including FMA, FSA -S, and FSPR. On the other hand, Fusion Markets is regulated in one tier-1 jurisdictions, four tier-2 jurisdictions including ASIC, VFSC, and FSA -S. These two brokers offer almost similar services. However, each broker has its strengths and weaknesses.
In this article, we will compare and contrast BlackBull Markets with Fusion Markets regarding trading platforms, regulations, tradable assets, fees, customer support, and overall trading experience score. We will also explore if BlackBull Markets is better than Fusion Markets and vice versa. This comparison lets you understand which broker is better for your trading style and preferences.
BlackBull Markets
Fusion Markets is an Australian forex and CFD broker founded in 2017. It was established with the vision of providing low-cost services, modern technology, and friendly support. Fees are waived on Visa, MasterCard, and PayPal deposits, and US shares trading incurs a 0 broker fee. The broker is regulated by ASIC, VFSC, and FSA in Seychelles. Fusion Markets allows the trading of forex and CFDs on its cTrader, MT4, and MT5 platforms. Social traders can use DupliTrade, AutoTrade, or Fusion+ platforms. Additional services include free VPS, Market Buzz, analyst views, and more. To learn more, you can read our review of Fusion Markets.
Blackbull Markets Overview
- Founded In: 2014
- Founder: Michael Walker and Selwyn Loekman
- Trading Instruments: 26000+ trading instruments including Forex, Equities, Commodities (Energies, agriculture, and Metals), Futures, Indices
- Minimum Deposit: between $0 and $20,000 ( $0 for Standard, $2000 for Prime, $20,000 for Institutional Accounts)
- Maximum Leverage: upto 1:500
- Regulations: FMA ,FSA
- Trading platform: MT4,MT5, Ctrader, Tradingview
- Trading Tools: Trading Tools: VPS, Zulutrade, Myfxbook, Calculators,
- Trading Fees: starting from 0.8 pips spreads for Standard account, 0.1 pips spread+$4 per lot for Price account, Spreads 0.0 + $4 per lot for Institutional Account.
- Account Types: Standard, Prime, Institutional
- Payment Options: Bank Wire (BankTransfer/SWIFT), VISA, MasterCard, Cryptocurrency, FasaPay, Neteller, Skrill, UnionPay
- US Traders: Not Accepted
Fusion Markets
Phil Horner founded Fusion Markets in 2017 in Melbourne, Australia with the vision of providing low cost, modern technology and friendly support. The broker allows the trading of forex and CFDs on its cTrader, MT4 and MT5 platforms. Social traders can use DupliTrade, AutoTrade or Fusion+ platforms. Free VPS, Market buzz, analyst views, etc are provided.
Risk warning: 74-89% of retail traders lose money
- Founded In: 2017
- Minimum Deposit: $0
- Maximum Leverage: 500:1
- Regulations: ASIC, CySEC, SCB, and FSA
- Trading platform: MT4, MT5, Ctrader
- Account Types: Zero, Classic, Demo, Swap Free
- Payment Options: Bank Wire (BankTransfer/SWIFT), VISA, MasterCard, Bitcoin, Cryptocurrency, Ether/Ethereum, Interac, Jeton, Local Bank Transfers, Neteller, OnlineNaira, Other Crypto Currencies, PayPal, PerfectMoney, SEPA (Single Euro Payments Area), Skrill, ThunderXPay
- US Traders: Not Accept
BlackBull Markets vs : Fusion Markets Features
BlackBull Markets
- Trading Instruments: 26000+ trading instruments in 80 markets including Forex, Crypto CFDs, Indices CFDs, Commodities CFDs, Stocks CFDs,
- Maximum leverage: up to 1:500
- Minimum Deposit: $0 for standard, $2000 for Prime, $20,000 for Institutional account
- Account Types: Offers 3 account types including ECN standard, ECN Prime, and ECN institutional.
- Fees: starting from 0.8 pips for a standard account, (0.1 pips + $6) per lot for an ECN Prime Account, and (0.0 Pips +$4) for an Institutional account.
- PAMM/ MAM: Yes,
- Zulutrade: Yes
- Scalping: Allowed
- News Trading: Allowed
- EA/ Robot Trading: Allowed
Fusion Markets
- Trading Instruments: 250+Trading instruments Forex Metals Indices Energy & Soft Commodities Cryptocurrency US Share CFDs
- Maximum leverage: The maximum leverage of fusion markets is as high as 500:1. Leverage may vary based on jurisdiction and tradable assets.
- Minimum Deposit: No Minimum Deposit required. You may deposit as low as possible.
- Account Types: Two ( Zero Account, Classic Account)
- Trading Fees: Spread starting from 0.9 pips for Classic Account or Commission $2.25 per lot per side for Zero Account.
- PAMM/ MAM: Available
- Scalping: Allowed
- News Trading: Allowed
- EA/ Robot Trading: Allowed
BlackBull Markets vs Fusion Markets: Side By Side Comparison
BlackBull Markets vs Fusion Markets: Pros and Cons
BlackBull Markets Pros & Cons
- Regulated by FMA, FSPR, FSP, FSA-S
- Founded in New Zealand and operating globally
- Professional and Retail Trading options
- No Minimum Deposit Requirement ($0)
- The Maximum Leverage is as high as 1:500
- Allow Scalping, News Trading, EA/Robot Trading
- Offers Multiple Trading platforms including MT4, MT5, WebTrader, TradingView
- Supports multiple third-party copy trading platforms, such as ZuluTrade, Duplitrade, and Myfxbook.
- BlackBull lacks additional Tier-1 regulatory licenses outside of New Zealand.
- $2,000 minimum deposit for Prime Account
- The Ctrader platform is not offered
- Withdrawal fees
- Limited Research Tools
- Not very diverse range of tradable assets
Fusion Markets Pros & Cons
- Regulated by ASIC, VFSC, FSA
- The maximum leverage is as high as 1:500
- The minimum deposit is as low as $1
- Allows scalping, News trading, EA/Robot trading
- Offers passive investment programme ( MAM, Copy Trading)
- No Deposit withdrawal fees, and inactivity fees
- Fast and Easy Account Opening
- Negative balance protection for users under ASIC regulations
- Paypal and crypto deposits are available
- Not regulated by FCA, CySEC
- No investor protection for non-EU clients
- Limited availability of localized customer support
- Only CFDs are offered. No possibility of trading real stocks, or assets
- Limited product selections
BlackBull Markets Vs Fusion Markets: Our Scores and Ratings
We rated both brokers, BlackBull Markets and Fusion Markets, on a scale of 1 to 10, with 0.1 increments. To achieve a comprehensive rating, we broadly grouped all services offered by brokers into 6 macro categories and assigned percentage weights to them. Each macro category is subdivided into several data points which contributes to the total score of 1.0-10.0 assigned to each macro category. Since all categories are not equally important, our weight percentage plays a significant role in assessing the broker accurately. For example, Regulation and Security contributes a total weight of 40% to the whole ratings because this is the most important rating category. To learn more, read our methodology.
BlackBull Markets:
Fusion Markets
Final Verdict :
BlackBull Markets and Fusion Markets are regulated forex and CFD brokers in the industry. They offer similar trading services including forex and CFD trading. They both allow scalping, hedging, EA trading and Copy trading. Neither of these brokers accept US Clients. The minimum order size for both of them is 0.01.
However, there are a few areas where you may find some differences. For example, the minimum deposit for BlackBull Markets is $0, whereas the minimum deposit for Fusion Markets is $1. Additionally, the maximum leverage for the BlackBull Markets is 500:1. On the other hand, the maximum leverage for Fusion Markets is 500:1.
Our score for BlackBull Markets is 8.2, and for Fusion Markets, it is 9.2 So, if you are looking for the most trusted forex brokers with tight spreads, you may choose BlackBull Markets. However, If you prefer a forex broker with a lower minimum deposit and offering a similar trading service to BlackBull Markets, you may choose Fusion Markets.
