Switch Markets vs Oanda

Switch Markets vs Oanda Comparison Table 2022
Switch Markets Oanda
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted
Switch Markets offers leveraged trading on forex, commodities, indices and cryptocurrencies. Global brand offering exceptional execution, low deposit requirements and advanced charting and trading platform features.
Bonus
100% Deposit Bonus None
Instruments
Stocks, CFD, Forex, Crypto Spreadbetting, CFD, Forex, Crypto
Demo Account
Yes Yes
Minimum Deposit
$50 $0
Payment Methods
Debit Card, FasaPay, Mastercard, Neteller, Perfect Money, Skrill, UnionPay, Wire Transfer Credit Card, JCB Card, Neteller, PayNow, Skrill, Swift, Wire Transfer
Minimum Trade
$1 $0
Regulator
ASIC CFTC, MAS, IIROC, NFA, FCA, ASIC, FFAJ, BVI
Margin Trading
Yes No
MetaTrader 4
Yes Yes
MetaTrader 5
No Yes
cTrader
No No
AlgoTrader
- No
OmniTrader
No No
TradingView
- Yes
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 Yes
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, Android and Windows
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 USD, EUR, GBP, CAD, AUD, JPY, CHF
Stock Exchanges
Australian Securities Exchange -
CFD
Switch Markets offers CFDs on stocks, indices and commodities.
Leverage
1:500 1:30 EU, 1:200
FTSE Spread
1.2 Variable
GBPUSD Spread
0.5 0.6 Ave
Oil Spread
2.0 Variable
Stocks Spread
Variable Stocks not offered
Forex
Switch Markets offer 60+ currency pairs, including majors, minors and exotics.
GBPUSD Spread
0.5 1.6 pips (var)
EURUSD Spread
0.1 0.6 pips Ave
EURGBP Spread
0.6 1.3 pips (var)
Assets
60+ 70+
Cryptocurrency
Switch Markets offers four cryptocurrencies with competitive fees.
Spread
Variable $100
Coins
BTC, ETH, LTC, XRP BTC
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
- No
Auto Market Maker
No No
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