Switch Markets vs OctaFX

Switch Markets vs OctaFX Comparison Table 2022
Switch Markets OctaFX
Not Yet Rated
United States Flag Traders from US not accepted
4.1
United States Flag Traders from US not accepted
Switch Markets offers leveraged trading on forex, commodities, indices and cryptocurrencies. OctaFX offers multi-asset trading on a range of platforms and mobile solutions.
Awards
Best ECN/STP Broker 2019 - FXDaily Info
Best Forex Broker Asia 2019 - FXDaily Info
Best Forex Broker Asia 2018 - Global Banking & Finance Review
Best FX Broker 2018 - European CEO Magazine
Best Trading Conditions 2018 - European CEO Magazine
Best Copy Trading Platform 2018 - Forex-Awards.com
Best Forex ECN Broker 2017 - UK Finance Awards
Best Trading Conditions 2016 - Forex Report Magazine
Bonus
100% Deposit Bonus 50% deposit bonus
Instruments
Stocks, CFD, Forex, Crypto Forex, CFDs, indices, commodities, cryptocurrencies
Demo Account
Yes Yes
Minimum Deposit
$50 $100
Payment Methods
Debit Card, FasaPay, Mastercard, Neteller, Perfect Money, Skrill, UnionPay, Wire Transfer Credit Card, Doku Wallet, Mastercard, MoneyGram, Paysafecard, Perfect Money, Vietcombank Transfer, Visa, Western Union, Wire Transfer, WorldPay
Minimum Trade
$1 0.01 lots
Regulator
ASIC CySEC
Margin Trading
Yes No
MetaTrader 4
Yes Yes
MetaTrader 5
No Yes
cTrader
No Yes
AlgoTrader
- No
OmniTrader
No No
TradingView
- No
Autochartist
- Yes
eSignal
- -
Trading Central
- -
STP Account
No No
ECN Account
No Yes
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 Yes (iOS & Android)
Auto Trading
Yes - Equinix Yes
Trade Signals
MT4 Yes
VPS Hosting
Yes No
Tournaments
No No
Demo Competitions
No Yes
Ethical Investing
No No
Social Trading
Yes Yes
Copy Trading
Yes Yes
Islamic Account
Yes Yes
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. Trade on the financial markets with CFDs.
Leverage
1:500 1:30
FTSE Spread
1.2 1.8
GBPUSD Spread
0.5 1.1
Oil Spread
2.0 1.1
Stocks Spread
Variable Variable
Forex
Switch Markets offer 60+ currency pairs, including majors, minors and exotics. OctaFX offers leveraged trading on currencies.
GBPUSD Spread
0.5 1.1
EURUSD Spread
0.1 0.7
EURGBP Spread
0.6 2.1
Assets
60+ 28
Cryptocurrency
Switch Markets offers four cryptocurrencies with competitive fees. Trade popular digital currencies paired with the USD.
Spread
Variable Variable
Coins
BTC, ETH, LTC, XRP BTC, LTC, ETH, ZEC, SOL, ADA, DOT, ATOM, LINK, AVAX, BTB, MANA, MATIC
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
- -
Auto Market Maker
No No
More Comparisons
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