MC-Prime Broker vs switchmarkets: Comparison

Forex Broker Comparison

Detailed side-by-side analysis

MC-Prime Broker
MC-Prime Broker
VS
switchmarkets
switchmarkets

Quick Summary

Best for Beginners

switchmarkets

$40.00

Tightest Spreads

switchmarkets

From 0.0 pips (Pro/ECN); 0.6 pips average on Standard (EUR/USD). pips

Highest Leverage

switchmarkets

1:Up to 1:1000

Best Rated

switchmarkets

4.50
/5

Mobile Trading

Both

โœ“โœ“

General Information

MC-Prime Broker

Regulation

CySEC (Cyprus), FSCA (South Africa), FSA (Seychelles), FSC (Mauritius)

Founded

N/A

Headquarters

Seychelles (Headquartered)

Overall Rating

4.20/5

switchmarkets

Regulation

ASIC (Australia)

Founded

N/A

Headquarters

Australia

Overall Rating

4.50/5

Trading Conditions

Feature MC-Prime Broker switchmarkets
Minimum Deposit $100.00 $40.00
Average Spreads From 0.4 pips From 0.0 pips (Pro/ECN); 0.6 pips average on Standard (EUR/USD).
Maximum Leverage 1:500 Up to 1:1000
Commission None None

Account Types

MC-Prime Broker

Standard Accounts Islamic Account ECN Accounts VIP Accounts Raw Account

switchmarkets

Standard Accounts Islamic Account ECN Accounts Copy Trading Accounts VIP Accounts Raw Account

Platforms & Tools

MC-Prime Broker

MetaTrader 4, MetaTrader 5, WebTrader

Mobile Trading

Available

Web Trading

Available

VPS Hosting

Available

Social Trading

Available

switchmarkets

MetaTrader 4, WebTrader

Mobile Trading

Available

Web Trading

Available

VPS Hosting

Available

Social Trading

Available

Payments

MC-Prime Broker

Deposit Methods

๐Ÿ’ณ Credit/Debit Cards (Visa, Mastercard) | ๐Ÿฆ Bank Wire Transfer | ๐Ÿ’ผ E-wallets (Skrill, Neteller) | โ‚ฟ Cryptocurrencies (Bitcoin, Ethereum) | ๐ŸŒ Local Payment Methods (varies by region)

Withdrawal Methods

๐Ÿฆ Bank Wire Transfer | ๐Ÿ’ณ Credit/Debit Cards | ๐Ÿ’ผ E-wallets (Skrill, Neteller) | โ‚ฟ Cryptocurrencies

Withdrawal Fee

None

switchmarkets

Deposit Methods

Bank Wire, Credit/Debit Cards (Visa/Mastercard), E-Wallets (Skrill, Neteller), Cryptocurrencies (Bitcoin, Ethereum), Local Methods (e.g., FPS for Asia). Instant processing for most; no deposit fees except crypto blockchain.

Withdrawal Methods

Same as deposits; processed 24โ€“72 hours, with 0.5%โ€“2% fees.

Withdrawal Fee

None

Support

MC-Prime Broker

Support Languages

English, Spanish, Arabic, Chinese, French, Russian, and more (over 15 languages supported).

Support Channels

24/7 support via live chat, email, and phone ยท Multilingual team for global accessibility ยท Dedicated account managers for premium accounts ยท Fast response times (average under 5 minutes for live chat)

Account Manager

Available

switchmarkets

Support Languages

English, Spanish, Arabic, Chinese, Malay, Indonesian (multilingual support).

Support Channels

24/5 live chat, email, WhatsApp; highly rated for responsiveness (4.7/5 on Trustpilot).

Account Manager

Available

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