Switch Markets vs Binomo

Switch Markets vs Binomo Comparison Table 2022
Switch Markets Binomo
Not Yet Rated
United States Flag Traders from US not accepted
3.4
United States Flag Traders from US not accepted
Switch Markets offers leveraged trading on forex, commodities, indices and cryptocurrencies. Leading short term trading platform, offering high payouts, quick trading and a reliable service.
Bonus
100% Deposit Bonus None
Instruments
Stocks, CFD, Forex, Crypto Fixed Time Trades
Demo Account
Yes Yes
Minimum Deposit
$50 $10
Payment Methods
Debit Card, FasaPay, Mastercard, Neteller, Perfect Money, Skrill, UnionPay, Wire Transfer Credit Card, Mastercard, Perfect Money, Skrill
Minimum Trade
$1 $1
Regulator
ASIC
Margin Trading
Yes No
MetaTrader 4
Yes No
MetaTrader 5
No No
cTrader
No No
AlgoTrader
- No
OmniTrader
No No
TradingView
- No
Autochartist
- No
eSignal
- No
Trading Central
- No
STP Account
No 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
Yes No
Market Maker
Yes No
P2P Trading
No No
Spot Trading
Yes No
Mobile Apps
iOS & Android iOS and Android
Auto Trading
Yes - Equinix -
Trade Signals
MT4 -
VPS Hosting
Yes No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Social Trading
Yes No
Copy Trading
Yes No
Islamic Account
Yes No
Account Currencies
USD, EUR, GBP, CAD, AUD, NZD, CHF, SGD -
Stock Exchanges
Australian Securities Exchange -
CFD
Switch Markets offers CFDs on stocks, indices and commodities. CFD trading not offered
Leverage
1:500
FTSE Spread
1.2
GBPUSD Spread
0.5
Oil Spread
2.0
Stocks Spread
Variable
Forex
Switch Markets offer 60+ currency pairs, including majors, minors and exotics. Forex trading not offered
GBPUSD Spread
0.5
EURUSD Spread
0.1
EURGBP Spread
0.6
Assets
60+
Cryptocurrency
Switch Markets offers four cryptocurrencies with competitive fees. Crypto trading not offered
Spread
Variable
Coins
BTC, ETH, LTC, XRP
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
- No
Auto Market Maker
No No
Binary Options
Binary options trading not offered
Payout
90%
Ladder Options
- No
Boundary Options
- Yes
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