Detailed side-by-side analysis
Best for Beginners
switchmarkets
$40.00Tightest Spreads
switchmarkets
From 0.0 pips (Pro/ECN); 0.6 pips average on Standard (EUR/USD). pipsHighest Leverage
IronFX
1:Up to 1:2000Best Rated
switchmarkets
Mobile Trading
Both
✓✓Regulation
ASIC (Australia)
Founded
N/A
Headquarters
Australia
Overall Rating
Regulation
FCA (UK), CySEC (Cyprus), FSCA (South Africa)
Founded
N/A
Headquarters
Cyprus
Overall Rating
| Feature | switchmarkets | IronFX |
|---|---|---|
| Minimum Deposit | $40.00 | $50.00 |
| Average Spreads | From 0.0 pips (Pro/ECN); 0.6 pips average on Standard (EUR/USD). | Starting from 0.0 pips (raw ECN accounts); average 1.2 pips on standard accounts for EUR/USD; fixed options from 1.2 pips. |
| Maximum Leverage | Up to 1:1000 | Up to 1:2000 |
| Commission | None | None |
MetaTrader 4, WebTrader
Mobile Trading
Available
Web Trading
Available
VPS Hosting
Available
Social Trading
Available
MetaTrader 4, WebTrader
Mobile Trading
Available
Web Trading
Available
VPS Hosting
Available
Social Trading
Available
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 24–72 hours, with 0.5%–2% fees.
Withdrawal Fee
None
Deposit Methods
Credit/debit cards, bank wire, e-wallets (Skrill, Neteller, FasaPay, WebMoney, Paysafe), local transfers, digital assets (crypto).
Withdrawal Methods
Same as deposits; processed in 1-7 business days (instant for e-wallets).
Withdrawal Fee
None
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
Support Languages
English, French, Spanish, Chinese, Korean, Farsi, Japanese, and more.
Support Channels
24/5 via live chat, email, and phone (for active clients); multilingual and responsive.
Account Manager
Available
Select the platform that best matches your needs