Etoro vs Fusion Markets: Compare Features, Ratings & More (2024)

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Traders consistently seek trusted and reliable trading platforms that suit their trading styles and preferences. Etoro and Fusion Markets are top-tier regulated brokers providing online trading services worldwide. Etoro is known for its social trading and multi-asset platform, regulated in four tier-1 jurisdictions and one tier-4 jurisdiction including CySEC, FCA, Finra, FSA-S, and SIPC. On the other hand, Fusion Markets specializes in online forex and CFD trading, regulated by one tier-1 jurisdictions, and four tier-2 jurisdictions including  ASIC, VFSC, and FSA -S. While these brokers offer similar services, they each have their own strengths and weaknesses.

In this article, I have compared Etoro and Fusion Markets in terms of trading platforms, Pros, Cons, regulations, tradable assets, fees, customer support, and overall trading experience score. This analysis aims to help you determine which broker better suits your trading style and preferences.

eToro vs Fusion Markets: In a Nutshell

eToro:

eToro is a multi-asset investment company that offers 5000+ trading instruments for clients worldwide. Its headquarters are located in Central Israel. The platform is known for its advanced proprietary social investing and copy-trading platform. eToro is regulated by multiple regulatory authorities including FCA, ASIC, CySEC, FINRA, SEC, and SIPC. etoro is also available on NASDAQ with the FTCV ticker.   It has built a huge community comprising over 30 million traders who interact with each other while investors automatically copy the trades of expert traders. Additionally, you can trade real stocks, ETFs, and cryptos with eToro. To learn more, you can read our review on Etoro. 

Etoro Overview

Etoro Overview
  • Founded In: 2007
  • Founder: Yoni Assia, Ronen Assia
  • Headquarters: UK
  • Minimum Deposit: $50
  • Maximum Leverage: 30:1 EU, 50:1  USA
  • Regulations: SEC, FINRA, FCA, CySEC, FSA-S, SIPC
  • Trading platform: eToro Trading Platforms
  • Account Types: Standard, Professional, Corporate
  • Payment Options: Bank Wire (BankTransfer/SWIFT), VISA, MasterCard, Giropay, Local Bank Deposits, Local Bank Transfers, Neteller, PayPal, Skrill, UnionPay, WebMoney, Yandex Money

Fusion 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

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

eToro vs Fusion Markets: Features

eToro

  • Trading Instruments: Stocks, Indices, ETFs, Currencies, Commodities, Crypto
  • Maximum leverage: 1:3000
  • Minimum Deposit: $5
  • Account Types: Personal (retail) account, professional account, corporate account, and Islamic account 
  • Trading Fees: Spread starting from 1 pip 
  • PAMM/ MAM: Not available. A dedicated Copy trading Platform is available 
  • Scalping: Not Allowed 
  • News Trading: Allowed
  • EA/ Robot Trading: Not 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

eToro vs Fusion Markets: Pros and Cons

eToro:

Pros
  • Regulated in numerous jurisdictions including CySEC, FCA, ASIC, FinCEN, MSB, FSA Seychelles, FSC Gibraltar, and FSA Malta.
  • Trading over 5,000 forex and CFD assets plus real stocks/ETFs and Cryptocurrencies.
  • A large community of social traders
  • Trading tools like market sentiments, news feed, Trading Central analysis, etc.
  • Investors can copy the trades of expert traders or invest in ‘CopyPortfolios’
  • Real Stocks and ETFs are Available 
  • Negative Balance Protection
Cons
  • Traders pay withdrawal fees, inactivity fees, and conversion fees.
  • You have no other platform choice than the eToro platform.
  • You cannot automate your strategies via trading robots.
  • No multiple account types; you can only have a retail account or a professional account.
  • Margin trading is not available to U.S. users
  • No limit orders for stocks.
  • Not Available in American Samoa, Guam, Hawaii, Nevada, New York, Puerto Rico and US Virgin Islands

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 

  

eToro vs Fusion Markets: Side-by-Side Comparison

Etoro
Fusion Markets
Product
Product
Etoro
Fusion Markets
Founded In
Founded In
2007
2017
Founded By
Founded By
Yoni Assia
Phil Horner
Headquarters
Headquarters
London, United Kingdom
Melbourne, Victoria, Australia
Regulations
Regulations
SEC, FINRA, FCA, CySEC, FSA-S, SIPC, ADGM
ASIC, VFSC, and FSA
Min Deposit
Min Deposit
$50
None
Max Leverage
Max Leverage
30:1 EU, 50:1 USA
500:1
Tradable Assets
Tradable Assets
Offer you over 5,000 instruments from a wide range of asset classes: Stocks, Indices, ETFs, Currencies, Commodities, Crypto
Forex, Energy, Precious metals, Equity Indices, US Share CFDs, Crypto
Fees
Fees
Spread from 1 pips
Spread starting from 0.9 pips or commission $2.25
Platforms and Tools
Platforms and Tools
eToro trading platform
MT4, MT5 and cTrader
US Traders
US Traders
Allowed
Not Allowed

eToro Vs Fusion Markets: Our Scores and Ratings

We rated both brokers, eToro 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.

eToro:

9.1
Total Score
Regulation and Security (40%)10
Fees and Commissions (20%)8
Trading (15%)9
Trading tools (10%)7
Customer Support (10%)9.5
Trading Education (5%)9

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 :

Both eToro and Fusion Markets are regulated online trading platforms in the industry, offering services to traders and investors. However, there are some differences between them. eToro is a multi-asset and social trading platform, providing over 5000+ trading instruments, including Forex, CFDs, real stocks, and cryptocurrencies. It offers both leverage and non-leverage tradable assets. On the other hand, Fusion Markets is a forex and CFD broker that offers Forex, Metals, Indices, Energy & Soft, Commodities, Cryptocurrency, and US Share CFDs trading.

Our score for eToro is 8.5, and for Fusion Markets, it is 9.2(based on our research; a score above 8 is considered safe and trustworthy). If you are seeking a social trading platform where you can copy other successful traders and have a one-stop solution for various types of trading, you may choose eToro. However, if you want to trade forex and CFDs, you may choose Fusion Markets.

Risk Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89 % of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

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.

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