 Traders from US not accepted |
Traders from US not accepted |
|
FP Markets is a multi-asset broker offering a choice of trading platforms. |
Switch Markets offers leveraged trading on forex, commodities, indices and cryptocurrencies. |
| Awards |
Best Global Forex Value Broker 2019 - Global Forex Awards
Best Quality of Trade Execution 2019 - Investment Trends |
|
| Bonus |
| None |
100% Deposit Bonus |
| Instruments |
| Forex, CFDs, indices, shares, commodities, cryptocurrencies |
Stocks, CFD, Forex, Crypto |
| Demo Account |
| Yes |
Yes |
| Minimum Deposit |
| $100 |
$50 |
| Payment Methods |
| BPAY, Credit Card, Dragonpay, FasaPay, Neteller, PayPal, Paytrust, POLi, Skrill, Visa, Wire Transfer |
Debit Card, FasaPay, Mastercard, Neteller, Perfect Money, Skrill, UnionPay, Wire Transfer |
| Minimum Trade |
| 0.01 lots |
$1 |
| Regulator |
| ASIC, CySEC, ESMA |
ASIC |
| Margin Trading |
| No |
Yes |
| MetaTrader 4 |
| Yes |
Yes |
| MetaTrader 5 |
| Yes |
No |
| cTrader |
| No |
No |
| STP Account |
| Yes |
No |
| ECN Account |
| Yes |
No |
| DMA Account |
| Yes |
No |
| MAM Account |
| Yes |
No |
| PAMM Account |
| No |
No |
| LAMM Account |
| No |
No |
| Demat Account |
| No |
No |
| AI / Machine Learning |
| No |
No |
| Robo Advisor |
| No |
No |
| Negative Balance Protection |
| No |
Yes |
| Market Maker |
| Yes |
Yes |
| P2P Trading |
| No |
No |
| Spot Trading |
| Yes |
Yes |
| Mobile Apps |
| Yes |
iOS & Android |
| Auto Trading |
| Yes |
Yes - Equinix |
| Trade Signals |
| - |
MT4 |
| VPS Hosting |
| No |
Yes |
| Tournaments |
| No |
No |
| Demo Competitions |
| No |
No |
| Ethical Investing |
| No |
No |
| Social Trading |
| Yes |
Yes |
| Copy Trading |
| Yes |
Yes |
| Islamic Account |
| Yes |
Yes |
| Account Currencies |
| USD, EUR, GBP, CAD, AUD, JPY, TRY, CHF, PLN, CZK |
USD, EUR, GBP, CAD, AUD, NZD, CHF, SGD |
| CFD |
| Trade thousands of CFDs across a range of markets with up to 1:500 leverage. |
Switch Markets offers CFDs on stocks, indices and commodities. |
| Leverage |
| 1:500 |
1:500 |
| FTSE Spread |
| 0.31 |
1.2 |
| GBPUSD Spread |
| 0.49 |
0.5 |
| Oil Spread |
| 0.03 |
2.0 |
| Stocks Spread |
| Variable |
Variable |
| Forex |
| Trade on dozens of forex pairs with low spreads. |
Switch Markets offer 60+ currency pairs, including majors, minors and exotics. |
| GBPUSD Spread |
| 0.49 |
0.5 |
| EURUSD Spread |
| 0.09 |
0.1 |
| EURGBP Spread |
| 0.61 |
0.6 |
| Assets |
| 60+ |
60+ |
| Cryptocurrency |
| Trade a handful of leading cryptocurrency coins against the US Dollar. |
Switch Markets offers four cryptocurrencies with competitive fees. |
| Spread |
| Floating |
Variable |
| Coins |
| BTC, BCH, LTC, ETH, RPL |
BTC, ETH, LTC, XRP |
| Crypto Lending |
| No |
No |
| Crypto Mining |
| No |
No |
| Crypto Staking |
| No |
- |
| Auto Market Maker |
| No |
No |
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| More Comparisons |
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FP Markets vs |
Switch Markets vs |
Traders from US not accepted