Broker comparison

Fusion Markets vs.
TMGM

Which broker fits your needs?

Platforms, products and fees side by side.

Updated: October 2026

See comparison

Summary

Your goal decides.

Fusion Markets has a higher rating of 4.2/5 compared to TMGM (3.8/5). The minimum deposit is lower at Fusion Markets with 0 $. TMGM has been in the market since 2013, making it the more experienced provider. On spreads, Fusion Markets offers EUR/USD from 0.0 pip (Zero) + $4.50 per lot round turn — one of the lowest commissions in the industry, while TMGM offers EUR/USD from 0.0 pip (Edge) + $7.00 per lot round turn, 1.0 pip (Standard).

Australian low-cost Forex broker with one of the lowest commissions worldwide

ASIC-regulated Forex broker with fast execution and premium liquidity

At a glance

The key differences

Criterion
PlatformsMT4, MT5, cTrader, TradingViewMT4, MT5, IRESS
Product typesForex, CFDs, Indices, Commodities, Crypto CFDs, Stocks CFDsForex, CFDs, Indices, Commodities, Stocks CFDs, Crypto CFDs
Options tradingNoNo
Fee modelfrom 0.0 pips + $2.25 commission per lot (Zero account)from 0.0 pips (Edge account) + $3.50 commission per lot
Minimum deposit0 $100 $
RegulationASICASIC
More informationDetailsDetails

Platforms

Fusion Markets

MT4, MT5, cTrader, TradingView

TMGM

MT4, MT5, IRESS

Product types

Fusion Markets

Forex, CFDs, Indices, Commodities, Crypto CFDs, Stocks CFDs

TMGM

Forex, CFDs, Indices, Commodities, Stocks CFDs, Crypto CFDs

Options trading

Fusion Markets

No

TMGM

No

Fee model

Fusion Markets

from 0.0 pips + $2.25 commission per lot (Zero account)

TMGM

from 0.0 pips (Edge account) + $3.50 commission per lot

Minimum deposit

Fusion Markets

0 $

TMGM

100 $

Regulation

Fusion Markets

ASIC

TMGM

ASIC

More information

Fusion Markets

Details

Product access and costs depend on market, account and permissions.

Detailed comparison

Comparing fees

Compare total costs, not just the order fee.

from 0.0 pips + $2.25 commission per lot (Zero account)

Published fee
from 0.0 pips + $2.25 commission per lot (Zero account)
Minimum deposit
0 $
Spread figure
EUR/USD from 0.0 pip (Zero) + $4.50 per lot round turn — one of the lowest commissions in the industry
See terms at provider

from 0.0 pips (Edge account) + $3.50 commission per lot

Published fee
from 0.0 pips (Edge account) + $3.50 commission per lot
Minimum deposit
100 $
Spread figure
EUR/USD from 0.0 pip (Edge) + $7.00 per lot round turn, 1.0 pip (Standard)
See terms at provider

The relevant costs depend on market, currency, order size and trading style.

Execution quality

Order type, venue and liquidity affect execution.

Check the provider’s execution policy and available order types for your account.

Provider information

Check the provider’s execution policy and available order types for your account.

Provider information

Product range

ForexCFDsIndicesCommoditiesCrypto CFDsStocks CFDs
ForexCFDsIndicesCommoditiesStocks CFDsCrypto CFDs

Categories come from broker profiles. Check specific markets and permissions before deciding.

Trading platforms

MT4 · MT5 · cTrader · TradingView

Fusion Markets offers one of the broadest platform selections on the market: MetaTrader 4, MetaTrader 5, cTrader, and TradingView. MT4 and MT5 deliver Expert Advisors and automated trading. cTrader provides Level II market depth and advanced order types. TradingView integration enables trading directly from one of the world's most popular charting platforms.

Explore platform

MT4 · MT5 · IRESS

TMGM offers MetaTrader 4, MetaTrader 5, and the professional IRESS platform. MT4 and MT5 deliver proven Forex trading functionality with Expert Advisors. IRESS is the premium offering, enabling direct market access (DMA) to Australian and international stock markets with Level II market depth and professional order types.

Explore platform

Regulation & security

ASIC

Regulatory information

Regulation does not prevent market losses. The relevant authority depends on the contracting entity.

Your investor profile

Who might it suit?

Australian low-cost Forex broker with one of the lowest commissions worldwide

  • One of the lowest commissions in the industry ($2.25 per lot)
  • ASIC-regulated and based in Australia
  • No minimum deposit required
  • Very young broker (founded 2019)
  • Limited educational and research materials

ASIC-regulated Forex broker with fast execution and premium liquidity

  • ASIC-regulated with premium liquidity access
  • Tight spreads from 0.0 pips on Edge account
  • IRESS platform for direct exchange access
  • Minimum deposit of $100
  • Less known in Europe

Find the broker that fits

Fusion Markets oder TMGM?

Side by side. Decided with knowledge.

See the differences that matter, and the Academy lessons that explain them.

Fusion Markets4.2
  • One of the lowest commissions in the industry ($2.25 per lot)
  • ASIC-regulated and based in Australia
  • No minimum deposit required
TMGM3.8
  • ASIC-regulated with premium liquidity access
  • Tight spreads from 0.0 pips on Edge account
  • IRESS platform for direct exchange access
VS
  • Fees
  • Platform
  • Regulation
  • Matching lessons
Two brokers. Many options. Your call.
Open The Dealing Room

Your questions

Frequently asked questions

How do fees differ between Fusion Markets and TMGM?
Fusion Markets: from 0.0 pips + $2.25 commission per lot (Zero account). TMGM: from 0.0 pips (Edge account) + $3.50 commission per lot. Compare total costs for the specific market, product, currency and order size in the current fee schedule.
Which broker offers more products: Fusion Markets or TMGM?
Fusion Markets offers Forex, CFDs, Indices, Commodities, Crypto CFDs, Stocks CFDs. TMGM offers Forex, CFDs, Indices, Commodities, Stocks CFDs, Crypto CFDs.
How are Fusion Markets and TMGM regulated?
The broker profiles list ASIC for Fusion Markets and ASIC for TMGM. Your account's contracting entity determines the applicable oversight and protection rules; check its current disclosures.
Is Fusion Markets or TMGM better for beginners?
Fusion Markets lists a 0 $ minimum deposit and offers MT4, MT5, cTrader, TradingView. TMGM lists 100 $ and offers MT4, MT5, IRESS. Compare usability, available products and costs for your intended use.
Fusion Markets vs TMGM: Which broker is better overall?
The choice between Fusion Markets (4.2/5, 480 reviews) and TMGM (3.8/5, 410 reviews) depends on your needs. Fusion Markets: Australian low-cost Forex broker with one of the lowest commissions worldwide. TMGM: ASIC-regulated Forex broker with fast execution and premium liquidity.
How do spreads compare between Fusion Markets and TMGM?
Fusion Markets offers typical spreads of EUR/USD from 0.0 pip (Zero) + $4.50 per lot round turn — one of the lowest commissions in the industry. TMGM offers EUR/USD from 0.0 pip (Edge) + $7.00 per lot round turn, 1.0 pip (Standard). Tighter spreads reduce trading costs especially for active trading.

Your next step

Your next step

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Before you pick a broker

The guides worth reading before your first trade, whichever of the two you choose.

Options risks & opportunitiesWhat you can lose, and what the risk buys you.Options taxes in GermanyFlat-rate tax, loss offsetting and allowances.Options trading basicsStrike, expiry, underlying: the building blocks of every option.
Terms in the glossary:MarginPremiumCall optionUnderlyingExercise