switchmarkets vs IronFX: Comparison

Forex Broker Comparison

Detailed side-by-side analysis

switchmarkets
switchmarkets
VS
IronFX
IronFX

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

IronFX

1:Up to 1:2000

Best Rated

switchmarkets

4.50
/5

Mobile Trading

Both

✓✓

General Information

switchmarkets

Regulation

ASIC (Australia)

Founded

N/A

Headquarters

Australia

Overall Rating

4.50/5

IronFX

Regulation

FCA (UK), CySEC (Cyprus), FSCA (South Africa)

Founded

N/A

Headquarters

Cyprus

Overall Rating

4.00/5

Trading Conditions

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

Account Types

switchmarkets

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

IronFX

beginner-friendly ecn-raw standard islamic ecn copy-trading vip raw managed zero-commission low-spread high-leverage crypto stock-cfd scalping-ea fast-execution

Platforms & Tools

switchmarkets

MetaTrader 4, WebTrader

Mobile Trading

Available

Web Trading

Available

VPS Hosting

Available

Social Trading

Available

IronFX

MetaTrader 4, WebTrader

Mobile Trading

Available

Web Trading

Available

VPS Hosting

Available

Social Trading

Available

Payments

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 24–72 hours, with 0.5%–2% fees.

Withdrawal Fee

None

IronFX

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

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

IronFX

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

Ready to choose your broker?

Select the platform that best matches your needs