
Switch Markets
This broker does not accept traders from United States.
Switch Markets is a multi-asset CFD brokerage, regulated by ASIC and SVGFSA. The new brand offers trading on the MT4 platform and leverage up to 1:500. The broker boasts over 180 instruments, with some additional tools including copy trading services and free VPS hosting.
Min. Deposit | $50 |
Min. Trade | $1 |
Regulated By | ASIC |
Mobile Apps | iOS & Android |
Currencies | USD, EUR, GBP, CAD, AUD, NZD, CHF, SGD |
CFD
Switch Markets offers 180+ CFD instruments with 1:500 leverage and fast order execution speeds of <76 ms. I find commissions are also fairly competitive, coming in at $7 per round turn for Pro account holders.
FTSE Spread | 1.2 |
GBPUSD Spread | 0.5 |
Oil Spread | 2.0 |
Stocks Spread | Variable |
Leverage | 1:500 |
Forex
I think the range of 60+ major, minor and exotic currency pairs is fairly competitive, especially with spreads from 0 pips in the Pro account. Experienced traders can also access high leverage up to 1:500 in the popular MT4 platform.
GBPUSD Spread | 0.5 |
EURGBP Spread | 0.6 |
EURUSD Spread | 0.1 |
Assets | 60+ |
Cryptos
There's only 6 crypto CFDs available at Switch Markets, though I was pleased to see leverage of 1:3 available. I like that you can also benefit from BTC, ETH, XRP, USDT and USDTRC20 deposit options.
Coins | BTC, ETH, LTC, XRP |
Spread | Variable |