FP Markets vs Switch Markets

FP Markets vs Switch Markets Comparison Table 2022
FP Markets Switch Markets
United States Flag Traders from US not accepted
United States Flag 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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