Fusion Markets vs IC Markets: which broker is better in 2026?
We compare Fusion Markets and IC Markets — two forex & CFD brokers — side by side across regulation, fees, platforms, minimum deposit, and our editorial scores. Based on our overall editorial score, IC Markets edges ahead (4.1/5), but the right choice depends on what matters most to you — check the breakdown below.
Side-by-side comparison
CriteriaFusion MarketsIC Markets
Overall score 3.9 4.1
Regulation & safety 3.5 3.5
Fees & deposit 4.5 4.5
Platform & assets 3.5 4.5
User support 4.0 4.0
Trust score76/10080/100
Minimum depositVaries by account type — check the official siteVaries by account type — check the official site
Demo accountAvailableAvailable
PlatformsMetaTrader 4, MetaTrader 5, cTrader, TradingViewMetaTrader 4, MetaTrader 5, cTrader, TradingView, WebTrader, IC Mobile App
Fee modelVery low commission — among the lowest in the industrySeveral account types (Raw Spread, Standard, Raw Pro/Pro+, cTrader Raw Spread, Swap Free) — the fee structure per account type has not been verified in detail
Pros & cons
- One of the lowest costs in the industry (very small commission)
- ASIC regulation + wide platform selection
- Well-regarded support
- A relatively new (2019) & small broker
- Many clients via the VFSC Vanuatu entity (light regulation)
- Leverage is high-risk
- One of the most popular raw-spread ECN brokers for scalping/algo trading (very low costs)
- Very complete platform selection (MT4/MT5/cTrader/TradingView)
- Regulated by ASIC (Australia) + CySEC for certain entities
- A class-action record (reported since 2024) alleging it misled investors — no verdict yet, but a relevant public fact
- Many clients via offshore entities (Seychelles/Bahamas)
- Leverage is high-risk
Regulation at a glance
Fusion Markets
Australian (2019) — regulated by ASIC (Australia), VFSC (Vanuatu for the global entity), FSA (Seychelles).
IC Markets
Exact license numbers not yet verified — the official site mentions multi-regulation but the detailed regulation page was inaccessible during our check. Verify directly with the regulator (ASIC, CySEC, or the Seychelles FSA depending on the entity) before signing up.