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Fusion Markets
VS
XM

Fusion Markets vs XM: which broker is better in 2026?

We compare Fusion Markets and XM — two forex & CFD brokers — side by side across regulation, fees, platforms, minimum deposit, and our editorial scores. Based on our overall editorial score, Fusion Markets edges ahead (3.9/5), but the right choice depends on what matters most to you — check the breakdown below.

Side-by-side comparison

CriteriaFusion MarketsXM
Overall score 3.9 3.6
Regulation & safety 3.5 3.0
Fees & deposit 4.5 3.5
Platform & assets 3.5 4.0
User support 4.0 4.0
Trust score76/10069/100
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, XM app
Fee modelVery low commission — among the lowest in the industryStandard / ultra-low spread; figures vary

Pros & cons

Fusion Markets
  • 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
XM
  • Very large client base, strong multilingual education & support
  • MT4/MT5 + many instruments
  • CySEC license for the EU entity
  • Many retail clients via the offshore entity (Belize) — weaker protection
  • Standard spread is not the cheapest
  • Leverage is high-risk

Regulation at a glance

Fusion Markets

Australian (2019) — regulated by ASIC (Australia), VFSC (Vanuatu for the global entity), FSA (Seychelles).

XM

Trading Point group — regulated by CySEC (Cyprus), ASIC (historically), DFSA (Dubai), FSC (Belize), FSCA (South Africa). Many retail clients via the offshore entity (Belize).