Switch Markets vs FXChoice

Switch Markets vs FXChoice Comparison Table 2023
Switch Markets	FXChoice
Review Not Yet Rated	Review 4.3
Traders from US not accepted	Traders from US not accepted
Switch Markets offers leveraged trading on forex, commodities, indices and cryptocurrencies.	FXChoice is an offshore retail broker offering MT4 and MT5 platform downloads and online CFD trading.
Awards
	Exceptional Customer Service 2019 - 2021 - LiveHelpNow
Bonus
100% Deposit Bonus	50% or 65% Welcome Deposit Bonus
Instruments
Stocks, CFD, Forex, Crypto	CFDs, Forex, Indices, Commodities, Cryptocurrencies, Shares
Demo Account
Yes	Yes
Minimum Deposit
$50	$100
Payment Methods
Debit Card FasaPay GlobePay Mastercard Neteller Perfect Money Skrill UnionPay Wire Transfer	ADVcash Airtm AstroPay Bitcoin Payments Credit Card Debit Card Ethereum Payments FasaPay Mastercard Neteller PayRedeem Paysafecard Perfect Money POLi Skrill Sticpay Visa
Minimum Trade
$1	0.01 lots
Regulator
ASIC	FSC
Margin Trading
Yes	Yes
MetaTrader 4
Yes	Yes
MetaTrader 5
No	Yes
cTrader
No	No
AlgoTrader
No	No
OmniTrader
No	No
TradingView
No	No
Autochartist
No	No
eSignal
No	No
Trading Central
No	No
STP Account
No	No
ECN Account
No	Yes
DMA Account
No	No
MAM Account
No	Yes
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	Yes
Market Maker
Yes	Yes
P2P Trading
No	No
Spot Trading
Yes	Yes
Mobile Apps
iOS & Android	iOS & Android
Auto Trading
Yes - Equinix	Yes (EAs)
Copy Trading
Yes	Yes
Copy Trading Platform
Switch Markets offers copy trading services with low fees via the MetaTrader 4 terminal.	FXChoice has partnered with ZuluTrade to offer copy trading solutions to all account holders.
Social Trading
Yes	Yes
Trade Signals
MT4	Yes - MQL5
VPS Hosting
Yes	Yes
Tournaments
No	No
Demo Competitions
No	No
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Islamic Account
Yes	Yes
Account Currencies
USD EUR GBP CAD AUD NZD CHF SGD	USD EUR GBP CAD AUD
Stock Exchanges
Australian Securities Exchange	Euronext FTSE UK Index Japan Exchange Group Nasdaq New York Stock Exchange S&P 500
Commodities
Gold Natural Gas Oil Silver	Gold Oil Silver
CFD Trading
Switch Markets offers CFDs on stocks, indices and commodities.	FXChoice offers leveraged CFD products on a breadth of financial markets.
Leverage
1:500	1:200
FTSE Spread
1.2	From $18.53
GBPUSD Spread<
0.5	From $8
Oil Spread
2.0	From $40
Stocks Spread
Variable	Variable
Forex Trading
Switch Markets offer 60+ currency pairs, including majors, minors and exotics.	Trade 36 forex pairs, including the US Dollar and Euro.
Forex App
	MT4 and MT5 apps are available to download form the Apple and Google Play stores. Both applications offers one-click trading, advanced charts and graphs, built-in support, plus instant and pending order types. MT4 is best suited to forex beginners while MT5 will meet the needs of experienced FX traders.
GBPUSD Spread
0.5	From $8
EURUSD Spread
0.1	From $5
EURGBP Spread
0.6	From $6.95
Assets
60+	36
Cryptocurrency
Switch Markets offers four cryptocurrencies with competitive fees.	FXChoice offers trading on leading crypto cross pairs with the US Dollar.
Spread
Variable	0.11 - 3.0 pips
Coins
BTC ETH LTC XRP	BTC LTC ETH
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	Yes

Review	Review
More Comparisons
Switch Markets vs	FXChoice vs