Pepperstone vs. Fusion Markets Comparison

• Features and Platforms
• Available Markets
• Typical Spreads and Fees
• Security and Trust
• Pepperstone vs Fusion Markets - Verdict

Pepperstone and Fusion Markets are leading global Forex brokers, but which one should you trust for your Forex portfolios?

I have conducted an in-depth review of Pepperstone vs. Fusion Markets to determine the better overall choice, and which types of traders will benefit most from the offerings of each broker.

Here is a snapshot of the most notable advantages of Pepperstone:

• Low trading fees and volume-based rebates
• Capitalise AI MT4 plugin for algorithmic trading in a code-free environment
• VPS hosting for 24/5 low-latency Forex trading
• Deep liquidity pools and NDD order execution
• An average order execution speed of 30 milliseconds
• 28-plugin Smart Trader Tools package and Autochartist upgrades for MT4
• TradingView for social traders to engage with 50M+ peers

Here is a snapshot of the most notable advantages of Fusion Markets:

• MT4, MT5, cTrader, and TradingView
• Proprietary copy trading service and DupliTrade
• Low-latency 24/5 Forex trading via VPS hosting
• MAM module for multi-account management services
• A high-paying partnership program, including up to $3,000 in a refer-a-friend program for referrer and referee

Features and Platforms

MT4
MT5
cTrader
Proprietary Platform
Automated Trading
DOM?
Guaranteed Stop Loss
Scalping
Hedging
One-Click Trading
OCO Orders
Interest on Margin
	Visit Website 75-95% of traders on margin lose	Visit Website

Available Markets

Currency Pairs
Cryptocurrencies	N/A
Commodities
Crude Oil
Gold
Metals
Equity Indices
Stocks (non-CFDs)	N/A
Bonds	N/A
ETFs
Futures
Synthetics
	Visit Website 75-95% of traders on margin lose	Visit Website

During my Pepperstone review, I found that traders have access to over 1,350 trading instruments, significantly more than the 250+ assets available at Fusion Markets.

Here is why Pepperstone is a better choice for most traders:

• Wider asset selection, including ETFs
• Deeper liquidity and faster order execution
• Lower fees with volume-based rebate program
• Currency indices

Typical Spreads and Fees

Average Trading Cost EUR/USD	1.1 pips	0.3 pips ($3.00)
Average Trading Cost GBP/USD	1.4 pips	1.4 pips ($14.00)
Average Trading Cost WTI Crude Oil	$2.50	$0.02
Average Trading Cost Gold	$0.15	$0.11
Average Trading Cost Bitcoin	25	$48.00
Minimum Raw Spreads	0.0 pips	0.0 pips
Minimum Standard Spreads	1.0 pips	0.9 pips
Minimum Commission for Forex	6.00 per round lot (cTrader) / $7.00 per round lot (MT4/MT5)	$4.50 per lot
Deposit Fee
Withdrawal Fee
Inactivity Fee	$0	N/A
	Visit Website 75-95% of traders on margin lose	Visit Website

Both multi-asset brokers offer commission-free and commission-based accounts, but which is cheaper?

Pepperstone and Fusion Markets offer raw spread trading from 0.0 pips, but Fusion Markets has lower commissions for Forex, granting it a notable cost advantage. The Pepperstone fee structure has lower commission-free account costs and lower average spreads.

Account Types

The account structure at Pepperstone and Fusion Markets is identical and caters well to various trading requirements. Neither broker has a minimum deposit requirement.

Are there any other noteworthy differences in the account structure between Pepperstone vs. Fusion Markets?

Here is what stands out the most:

• Pepperstone supports more account base currencies
• Fusion Markets has lower commission-based fees
• Pepperstone has lower commission-free costs
• Pepperstone offers volume-based rebates

Minimum Deposit

How difficult is it to deposit at Pepperstone vs. Fusion Markets?

Fusion Markets lists no minimum deposit, but payment processors impose minimum requirements between $1 and $50, with most requiring at least $10. There is no Pepperstone minimum deposit requirement. Fusion Markets offers more payment processors and deposit currencies, creating a more user-friendly deposit infrastructure, including cryptocurrency deposits. Still, Pepperstone caters well to its core base.

Minimum Withdrawal

Which withdrawal process is better: Pepperstone or Fusion Markets?

Traders have fewer Pepperstone withdrawal methods than at Fusion Markets, but an equally high-quality process. The former offers same-day withdrawals if requests arrive before 12:00 AEST/AEDT. The latter features instant-to-near-instant processing. Neither broker levies internal fees, and the minimum withdrawal depends on the payment processor.

Security and Trust

Country of the Regulator	United Arab Emirates, Australia, The Bahamas, Cyprus, Germany, Kenya, United Kingdom	Antigua and Barbuda, Australia, Seychelles, Vanuatu
Name of the Regulator	ASIC, BaFin, CMA, CySEC, DFSA, FCA, SCB	ASIC, FSA, VFSC
Regulatory License Number	414530, 91279, 128, 388/20, F004356, 684312, F217	226199, SD096, SD096
Regulatory Tier	N/A	1, 4, 4
	Visit Website 75-95% of traders on margin lose	Visit Website

Which broker is more secure and trustworthy?

Pepperstone and Fusion Markets segregate client deposits from corporate funds and offer negative balance protection. Both have an excellent regulatory track record, but Pepperstone has more operational history and more regulatory oversight. Still, I rank Pepperstone and Fusion Markets as equally secure and trustworthy.

Pepperstone versus Fusion Markets Verdict

Pepperstone

Fusion Markets

Which Forex Broker is Better?

Pepperstone and Fusion Markets are industry-leading brokers, and I recommend traders test the trading environments in their respective demo accounts.

Here is my verdict:

Fusion Markets shines with ultra-low, commission-based trading fees, but Pepperstone is the superior choice overall due to its cutting-edge trading infrastructure.

FAQs

How trusted is Pepperstone?

Pepperstone has established itself among the most trusted Forex brokers, with an excellent regulatory track record spanning over 15 years.

Which Broker Is Better For MetaTrader 4?

Pepperstone ranks among the best MT4 brokers due to its extensive upgrades, third-party trading tools, and underlying trading infrastructure.

Does Pepperstone or Fusion Markets have lower costs?

While both brokers maintain competitive trading fees, Fusion Markets has lower costs.

Is Fusion Markets good for beginners?

Fusion Markets is not ideal for beginners seeking educational resources, but it is a good choice for traders interested in copy trading.

How much commission does Pepperstone take?

Pepperstone commissions are $6.00 to $7.00 per deal ticket, depending on the asset.

Which is better, Pepperstone or Fusion Markets?

Fusion Markets is an excellent broker with ultra-low fees. Pepperstone is the overall superior broker with cutting-edge trading tools, a competitive trading infrastructure for demanding traders, and a broader asset selection.

By Tobi Amure

Tobi Opeyemi Amure has more than seven years of experience as a financial market analyst. He holds a Bachelor's Degree from Obafemi Awolowo University. Tobi's main area of expertise is in personal finance and the Forex industry. He has contributed to top platforms such as Investopedia, GoBankingRates, and Investing.com, where his expertise in Forex markets and digital assets is widely recognized. Tobi’s engaging storytelling and data-driven analysis have earned him a feature on Forbes and TheStreet, setting him apart as a trusted voice in Forex and online finance. In his free time, he explores emerging Forex trends, refines his market strategies, and actively engages with the global finance community.

Reviewer Adam Lemon

Adam Lemon began his role at DailyForex in 2013 when he was brought in as an in-house Chief Analyst. Adam trades Forex, stocks and other instruments in his own account. Adam believes that it is very possible for retail traders/investors to secure a positive return over time provided they limit their risks, follow trends, and persevere through short-term losing streaks – provided only reputable brokerages are used. He has previously worked within financial markets over a 12-year period, including 6 years with Merrill Lynch.

Fact-checker DailyForex.com Team

The DFX Team at DailyForex is a group of veteran financial analysts, traders, and brokerage industry experts dedicated to producing in-depth broker reviews and cutting-edge market insights, plus analysis of market trends. Holding over 16 years of experience in global financial markets, and 4 B.A. level academic qualifications in relevant degrees, we conduct thorough, unbiased evaluations of brokers to enable traders make informed decisions, using the most advanced methodology in the industry. Also, the DFX team is involved in generating technical analysis, signals, and trading strategies, with a consistent commitment to accuracy and transparency. Whether you’re a beginner or a professional trader, the DFX Team works to ensure you have the tools and insights you need to succeed as a trader in the retail CFD industry.