Pepperstone vs Fusion Markets Compared 2024 : Pros, Cons, and More!

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Pepperstone and Fusion Markets are two popular forex and CFD brokers that offer online trading services to traders and investors worldwide. Both brokers are regulated by top-tier regulatory authorities. Pepperstone is regulated by three Tier-1, two Tier-2, and two Tier-4 jurisdictions, including FCA, ASIC, CySEC, DFSA, CMA, and SCB. On the other hand, the Fusion Markets is regulated by one Tier-1 jurisdiction, and four Tier-2 jurisdictions including  ASIC, VFSC, and FSA -S. These two brokers offer similar services. However, each broker has its strengths and weaknesses.

In this article, we will compare Pepperstone with Fusion Markets regarding trading platforms, regulations, tradable assets, fees, customer support, and overall trading experience score. We will also explore if Pepperstone is better than Fusion Markets and vice versa. This comparison lets you understand which broker suits your trading style and preferences better.

Pepperstone vs Fusion Markets: In a Nutshell

Pepperstone

Founded in 2010; Pepperstone is an Australian-based forex and CFD broker that offers online trading services globally. The broker gives you access to trade more than 1200 forex/CFDs on its powerful platforms; MT4, MT5, cTrader, and TradingView. With its technological infrastructure, Pepperstone offers lightning-speed executions, multiple trading tools, and low trading fees. It is regulated in 7 jurisdictions and boasts of over 400,000 clients from all over the world.

Pepperstone At a Glance

Pepperstone At a Glance
  • Founded In: 2010
  • Founder: Owen Kerr and Joe Davenport
  • Headquarters : Melbourne, Australia,
  • Minimum Deposit: None (However, Pepperstone recommends $200 or equivalent for margin requirements. 
  • Maximum Leverage: Upto 30:1 for ASIC, CySEC, FCA, BaFin, and DFSA jurisdictions, 400:1 for CMA, 200:1 for SCB, and 500:1 for Professional Accounts
  • Regulations: FCA, ASIC, CySEC, BaFIN, DFSA, CMA, and SCB
  • Trading platform: MT4, MT5, cTrader, TradingView
  • Account Types: Standard, Standard (cTrader/MetaTrader 4&5),  Razor (MT4, MT5, cTrader & TradingView)
  • Trading Styles: All including Scalping, Hedging, News Trading, EA Trading
  • Payment Options: Bank Wire (BankTransfer/SWIFT), VISA, MasterCard, BPAY, Local Bank Transfers, M-Pesa, Neteller, PayPal, Poli, Skrill, UnionPay
  • US Clients: Not Accepted

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

Pepperstone vs Fusion Markets: Features

Pepperstone:

  • Trading Instruments: 1250+Trading instruments including Forex, Commodities, Cryptocurrencies, Shares/Stocks CFDs, etc 
  • Maximum leverage: 1:30 for retail traders of ASIC, CySEC, FCA, and BaFin jurisdictions, 1:200 for SCB Jurisdiction, 1:400 for CMA Jurisdiction, and 1:500 for professional traders. 
  • Minimum Deposit: No Minimum Deposit. However, Pepperstone recommends $200 or equivalent for the margin requirement. 
  • Account Types: Two ( Standard account, Razor Account) 
  • Trading Fees: Spread starting from 1 pip for Standard Account or Commission 3.00 to 3.50 per lot for Razor Account on a Single Trip. 
  • PAMM/ MAM:  Available 
  • 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

Pepperstone vs Fusion Markets: Pros and Cons

Pepperstone

Pros
  • Regulated in 7 Reputed Jurisdictions (FCA in the UK, CySEC in Cyprus, ASIC in Australia, BaFin in Germany, DFSA in Dubai, CMA in Kenya, and SCB in the Bahamas) 
  • Fast order execution (fast execution on an average of 30 ms) 
  • Competitive spread starting from 0.0 pips 
  • Segregated clients fund with tire 1 bank 
  • No Inactivity Fees 
  • Attractive Trading Conditions 
  • Wide Range of Instruments Offered 
  • Fast and full online account opening 
  • MT4 Smart trader tools, Autochartist, Capitalise.ai, and free VPS are some of the trading tools available.
Cons
  • US Traders not allowed 
  • Only CFDs are Offered 
  • No cent/Micro Account 
  • Minimum deposit 200
  • Support works only 24/5  
  • Limited account protection for non-U.K./E.U. clients
  • No guaranteed Stop loss 
  • 30-day expiry for demo accounts

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 

  

Pepperstone vs Fusion Markets: Side-by-Side Comparison

Pepperstone
Fusion Markets
Product
Product
Pepperstone
Fusion Markets
Founded In
Founded In
2010
2017
Founded By
Founded By
Owen Kerr and Joe Davenport
Phil Horner
Headquarters
Headquarters
Melbourne, Australia
Melbourne, Victoria, Australia
Regulations
Regulations
FCA, ASIC, SCB, CMA, CySEC and BaFin
ASIC, VFSC, and FSA
Min Deposit
Min Deposit
None
None
Max Leverage
Max Leverage
1:500
500:1
Tradable Assets
Tradable Assets
Over 1200 forex, CFDs in stocks, indices, commodities, ETFs and Cryptos
Forex, Energy, Precious metals, Equity Indices, US Share CFDs, Crypto
Fees
Fees
Spread from 1.0 pips, commissions $7/round lot
Spread starting from 0.9 pips or commission $2.25
Platforms and Tools
Platforms and Tools
MT4, MT5, cTrader, TradingView
MT4, MT5 and cTrader
US Traders
US Traders
Not Allowed
Not Allowed

Pepperstone Vs Fusion Markets: Our Scores and Ratings

We rated both brokers, Pepperstone 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.

Pepperstone :

9.4
Total Score
Regulation and Security (40%)10
Fees and Commissions (20%)9.2
Trading (15%)8.5
Trading tools (10%)9
Customer Support (10%)9.6
Trading Education (5%)8

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 :

Pepperstone and Fusion Markets are regulated forex and CFD brokers in the industry. Both offer similar trading services; they both allow scalping, hedging, EA trading, and Copy trading EA. 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 Pepperstone is $0 (with $200 recommended), whereas the minimum deposit for Fusion Markets is $1. Additionally, the maximum leverage for Pepperstone is 500:1 for professional traders and 200:1 for retail traders, whereas the maximum leverage for Fusion Markets is 500:1. Pepperstone offers passive investment programs like MAM and PAMM, while Fusion Markets does not have any passive investment programs.

Our score for Pepperstone is 9.4, and for Fusion Markets, it is 9.2 So, if you are looking for the most trusted forex brokers with MAM and PAMM services, you may choose Pepperstone. However, if you prefer a lower minimum deposit forex broker that offers similar services, you may choose Fusion Markets.

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. 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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