Eightcap vs Fusion Markets: Compare Features, Safety & More (2024)

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Ryan Hardy sitting before his forex trading desk
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Eightcap 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. Eightcap is regulated by three tier-1 jurisdictions and one tier-4 jurisdictions including ASIC, FCA, CySEC, SCB. 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 Eightcap with Fusion Markets regarding trading platforms, regulations, tradable assets, fees, customer support, and overall trading experience score. We will also explore if Eightcap is better than Fusion Markets and vice versa. This comparison lets you understand which broker is better for your trading style and preferences.

Eightcap vs Fusion Markets: In a Nutshell

Eightcap

EightCap was registered in Melbourne, Australia in 2009. The broker allows the trading of over 800 forex and CFDs on its platforms which include MT4, MT4, and TradingView. Traders are provided with tools like free VPS, Crypto Crusher, Capitalise.ai, FlashTrader, Trade Idea, outlook, etc.

Eightcap Overview
  • Founded In: 2009
  • Minimum Deposit: $100
  • Maximum Leverage: 1:1000
  • Regulations: ASIC,FCA, CySEC, SCB
  • Trading platform: MT4, MT5, TradingView, Webtrader
  • Account Types: Standard, Raw, Tradingview
  • Payment Options: Bank Wire (BankTransfer/SWIFT), VISA, MasterCard, BPAY, Neteller, PayPal, Poli, Skrill, UnionPay, XPAY
  • US Traders: Not Accept

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.

Fusion Markets Overview
  • 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

Eightcap vs Fusion Markets: Pros and Cons

Eightcap

Pros
  • Regulated by ASIC, FCA, VFSA 
  • The Maximum Leverage is as high as 1:500
  • Offers passive investment programme(MAM, PAMM accounts) 
  • No Deposit/Withdrawal Fees
  • Easy To Open An Account
  • Scalping and EA Trading are allowed 
  • 100+ Crypto CFDs available
Cons
  • Minimum deposit is $100
  • No Investor Protection for non-EU Clients
  • The Broker is not regulated by FCA UK 
  • Conditions and trading costs vary according to the entity
  • Hedging is not allowed with the ASIC entity
  • No joint accounts, copy trading, referral program, or other options for passive income

Fusion Markets

Pros
  • 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 
Cons
  •   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 

  

Eightcap vs Fusion Markets: Side-by-Side Comparison

Eightcap
Fusion Markets
Product
Founded In
Founded In
2009
2017
Founded By
Founded By
Alex Howard
Phil Horner
Headquarters
Headquarters
Melbourne, Australia
Melbourne, Victoria, Australia
Regulations
Regulations
ASIC,FCA, CySEC, SCB
ASIC, CySEC, SCB, and FSA
Min Deposit
Min Deposit
$100
None
Max Leverage
Max Leverage
500:1
500:1
Tradable Assets
Tradable Assets
Forex,Commodities,Indices,Shares,Crypto
Forex, Metals, Indices, Energy & Soft ,Commodities, Cryptocurrency ,US Share CFDs
Fees
Fees
Spread from 1 pips or $3.5 per standard lot traded
Spread from 0.0 pips on Major, commissions $2.25 /round lot.
Platforms and Tools
Platforms and Tools
MT4, MT5, TradingView, Webtrade
MT4, MT5 and cTrader
US Traders
US Traders
Not Allowed
Not Allowed

EightcapVs Fusion Markets: Our Scores and Ratings

We rated both brokers, Eightcap 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.

Eightcap :

9
Total Score
Regulation and Security (40%)9.6
Fees and Commissions (20%)9
Trading (15%)8.5
Trading tools (10%)8.6
Customer Support (10%)9
Trading Education (5%)7.2

Fusion Markets

9.2
Fusion Markets Score
Regulation and Security (40%)9.4
Fees and Commissions (20%)9.3
Trading (15%)9.2
Trading tools (10%)9
Customer Support (10%)9
Trading Education (5%)8

Final Verdict :

Eightcap 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 Eightcap is $100, whereas the minimum deposit for Fusion Markets is $1. Additionally, the maximum leverage for the Eightcap is 500:1. On the other hand, the maximum leverage for Fusion Markets is 500:1. 

Our score for Eightcap is 9, 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 Eightcap. However, If you prefer a forex broker with a lower minimum deposit and offering a similar trading service to Eightcap, you may choose Fusion Markets.

Written by

Jason Paine is a forex trader, researcher, and tech enthusiast. He is passionate about financial markets and cutting-edge technology. With a dynamic 16-year trading career, he's on a mission to guide fellow traders. Having navigated diverse forex brokers, Jason shares his insights at Brokersway to bridge the gap between traders and the right brokerage.

Fact Checked by
Ryan Hardy is a Content Writer, Researcher, and Fact Checker at Brokersway. Specializing in forex trading, he focuses on ensuring accuracy in information related to broker regulations, scams, and safety measures. With a commitment to transparency, Ryan plays a vital role in providing traders with reliable insights into the world  of forex brokers
Edited by

Richard Walz, a seasoned content writer and broker’s research specialist, is your go-to authority for decoding online forex brokers and trading platforms. As an editor, he ensures precision and clarity, offering traders valuable insights on Brokersway, a trusted resource for informed decision-making in the dynamic world of currency trading. Richard's role as an editor ensures that the information presented is not only accurate but also presented in a manner that resonates with traders seeking clarity in making better decision.

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