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WINNER
Switch Markets is the better broker
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 Traders from US not accepted
|
 Traders from US not accepted
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FXPIG is a straight-talking forex, indices & commodities broker offering tight spreads. |
Switch Markets offers leveraged trading on forex, commodities, indices and cryptocurrencies. |
Bonus |
|
100% Deposit Bonus |
Instruments |
Forex, Indices, Metals, Single Stocks, Cryptos, Commodities |
Stocks, CFD, Forex, Crypto |
Demo Account |
Yes |
Yes |
Minimum Deposit |
$200 |
$50 |
Payment Methods |
|
|
Minimum Trade |
0.01 lots |
$1 |
Regulator |
VFSC |
ASIC |
Margin Trading |
No |
Yes |
MetaTrader 4 |
Yes |
Yes |
MetaTrader 5 |
No |
No |
cTrader |
Yes |
No |
AlgoTrader |
No |
No |
OmniTrader |
No |
No |
TradingView |
No |
No |
Autochartist |
No |
No |
eSignal |
No |
No |
Trading Central |
No |
No |
STP Account |
Yes |
No |
ECN Account |
No |
No |
DMA Account |
No |
No |
MAM Account |
No |
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 |
No |
Yes |
P2P Trading |
No |
No |
Spot Trading |
No |
Yes |
Mobile Apps |
Yes |
iOS & Android |
Auto Trading |
Yes |
Yes - Equinix |
Copy Trading |
Yes |
Yes |
Copy Trading Platform |
|
Switch Markets offers copy trading services with low fees via the MetaTrader 4 terminal. |
Social Trading |
Yes |
Yes |
Trade Signals |
|
MT4 |
VPS Hosting |
No |
Yes |
Tournaments |
No |
No |
Demo Competitions |
No |
No |
Ethical Investing |
No |
No |
Custodial Account |
No |
No |
Guaranteed Stop Loss |
No |
No |
Islamic Account |
No |
Yes |
Account Currencies |
|
|
Stock Exchanges |
|
|
Commodities |
|
|
CFD Trading |
Trade CFDs across multiple markets with up to 1:500 leverage. |
Switch Markets offers CFDs on stocks, indices and commodities. |
Leverage |
1:500 |
1:500 |
FTSE Spread |
0.74 |
1.2 |
GBPUSD Spread< |
0.906 |
0.5 |
Oil Spread |
0.21 |
2.0 |
Stocks Spread |
N/A |
Variable |
Forex Trading |
Trade over 80+ forex currency pairs from around the world. |
Switch Markets offer 60+ currency pairs, including majors, minors and exotics. |
GBPUSD Spread |
0.906 |
0.5 |
EURUSD Spread |
0.243 |
0.1 |
EURGBP Spread |
0.6 |
0.6 |
Assets |
80+ |
60+ |
Cryptocurrency |
Crypto trading not offered |
Switch Markets offers four cryptocurrencies with competitive fees. |
Spread |
|
Variable |
Coins |
|
|
Crypto Lending |
No |
No |
Crypto Mining |
No |
No |
Crypto Staking |
No |
No |
Auto Market Maker |
No |
No |
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More Comparisons |
FXPIG vs |
Switch Markets vs |