Fusion Markets vs IC Markets 2026

This is where Fusion Markets makes its name. Its Zero account charges just A$2.25 per side — the lowest commission we have tested at any ASIC-regulated broker, roughly 35% below the A$3.50 standard. Our 30-day spread recording captured quotes at three fixed windows daily — 10:00 AEDT, 17:00 AEDT and 23:00 AEDT. Fusion Zero averaged 0.10 pips on EUR/USD; IC Markets cTrader Raw averaged 0.08 pips.

IC Markets has the marginally tighter spread, but Fusion’s far lower commission wins the all-in battle comfortably. A 1-lot EUR/USD round trip costs around A$6.00 at Fusion versus about A$7.60 at IC Markets. For high-frequency traders, that gap compounds quickly across hundreds of trades.

Most ASIC ECN brokers cluster around A$3.00–A$3.50 per side. Fusion’s A$2.25 breaks that band. For an active trader doing 50 lots a month, that difference alone saves roughly A$125 a month versus a A$3.50/side broker — before counting spread. If your strategy is high-frequency and cost-sensitive, this is the single most important number on the page.

IC Markets isn’t trying to be the cheapest — it’s trying to be the most complete. The tighter raw spread, faster execution, free VPS and 2,250+ instruments are what you’re paying the extra commission for. For traders whose needs go beyond pure forex cost, that trade-off can be worth it. Verify current rates directly with each broker before opening an account.

Fusion Markets offers MT4, MT5, cTrader and TradingView — the complete mainstream line-up, which few brokers provide. It also runs Fusion+, a native copy-trading system, and offers commission-free US share CFDs. For a low-cost broker, the platform breadth is genuinely strong.

IC Markets matches MT4, MT5 and cTrader but has no TradingView. Its advantage is the free VPS for accounts trading 20+ lots/month — valuable for EA traders needing 24/7 uptime — and a far deeper instrument range. If your automation setup depends on a hosted server, IC Markets is the more practical home.

Both brokers are ASIC-regulated — the baseline requirement we insist on for any broker listed on KolaTrading. Both hold segregated client funds at major Australian banks (Fusion uses NAB) and provide negative balance protection. For Australian retail traders, the ASIC protection is identical at both.

For an Australian retail trader, both deliver identical ASIC protections — verify both AFSLs on the ASIC Connect register at any time. IC Markets adds CySEC (EU) coverage and has the longer operating history since 2007. Fusion’s secondary licences (VFSC, FSA Seychelles) are offshore and offer lighter oversight. Australian retail clients of either broker should make sure they are onboarded under the ASIC entity to keep local protections. Both are credible; IC Markets simply has the broader regulatory footprint.

We processed real AUD bank withdrawals at both brokers in March 2026. Fusion Markets funds arrived 1 business day after submission with no fee. IC Markets funds also arrived in 1 business day with no fee. Local funding is free at both.

Fusion’s A$0 minimum is the most accessible entry point of any broker we’ve reviewed. The one watch-out is its international wire deposit fee of A$20–30 — not an issue if you fund by local transfer or card, but worth knowing if you wire from overseas. IC Markets keeps international funding fee-free but asks for a A$200 minimum to start.