switchmarkets vs PrimeXBT: Comparison

Forex Broker Comparison

Detailed side-by-side analysis

switchmarkets
switchmarkets
VS
PrimeXBT
PrimeXBT

Quick Summary

Best for Beginners

PrimeXBT

$10.00

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

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General Information

switchmarkets

Regulation

ASIC (Australia)

Founded

N/A

Headquarters

Australia

Overall Rating

4.50/5

PrimeXBT

Regulation

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

Founded

N/A

Headquarters

Seychelles / Saint Lucia / South Africa

Overall Rating

4.20/5

Trading Conditions

Feature switchmarkets PrimeXBT
Minimum Deposit $40.00 $10.00
Average Spreads From 0.0 pips (Pro/ECN); 0.6 pips average on Standard (EUR/USD). from 0.1 pips
Maximum Leverage Up to 1:1000 1000:1
Commission None None

Account Types

switchmarkets

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

PrimeXBT

Standard Accounts Islamic Account Copy Trading Accounts Micro Accounts

Platforms & Tools

switchmarkets

MetaTrader 4, WebTrader

Mobile Trading

Available

Web Trading

Available

VPS Hosting

Available

Social Trading

Available

PrimeXBT

MetaTrader 5, WebTrader, TradingView

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

PrimeXBT

Deposit Methods

🪙 Cryptocurrencies (BTC, ETH, USDT, USDC, and more)  |  💵 Fiat via third-party providers (e.g., Perfect Money, Volet, bank cards)  |  🔄 Instant crypto-to-crypto & fiat-to-crypto exchanges within the platform (e.g., via MetaMask, Coinify, AdvCash, etc.)

Withdrawal Methods

🪙 Cryptocurrency withdrawals only (BTC, ETH, USDT, USDC, COV, etc.)  |  🔒 Withdrawals processed once daily at 12:00 UTC (can cancel before cutoff)  |  💼 Withdraw to external wallets (no fiat withdrawal support)

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

PrimeXBT

Support Languages

Supports multiple languages, including English, Spanish, Chinese, Russian, and 20+ others for global accessibility.

Support Channels

24/7 support via live chat, email, and phone, with a reputation for responsiveness and professionalism.

Account Manager

Available

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