ThinkMarkets vs switchmarkets: Comparison

Forex Broker Comparison

Detailed side-by-side analysis

ThinkMarkets
ThinkMarkets
VS
switchmarkets
switchmarkets
General Information Trading Conditions Account Types Platforms & Tools Payments Support

Quick Summary

Best for Beginners

ThinkMarkets

$0.00

Tightest Spreads

switchmarkets

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

Highest Leverage

ThinkMarkets

1:Up to 1:500 (non-EU); 1:30 (EU/UK retail)

Best Rated

switchmarkets

4.50
/5

Mobile Trading

Both

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General Information

ThinkMarkets

Regulation

CySEC (Cyprus), FCA (UK), ASIC (Australia), FSCA (South Africa), FSA (Seychelles)

Founded

N/A

Headquarters

Australia

Overall Rating

4.50/5

switchmarkets

Regulation

ASIC (Australia)

Founded

N/A

Headquarters

Australia

Overall Rating

4.50/5

Trading Conditions

Feature ThinkMarkets switchmarkets
Minimum Deposit $0.00 $40.00
Average Spreads From 0.4 pips (Standard); from 0.0 pips (Raw/ThinkZero) From 0.0 pips (Pro/ECN); 0.6 pips average on Standard (EUR/USD).
Maximum Leverage Up to 1:500 (non-EU); 1:30 (EU/UK retail) Up to 1:1000
Commission None None

Account Types

ThinkMarkets

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

switchmarkets

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

Platforms & Tools

ThinkMarkets

MetaTrader 4, MetaTrader 5, WebTrader, TradingView

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

ThinkMarkets

Deposit Methods

Credit/Debit Cards (Visa/Mastercard), Bank Wire, PayPal, Skrill, Neteller, Apple Pay, Google Pay, Cryptocurrencies (Bitcoin, Ethereum, Bitcoin Cash via BitPay)

Withdrawal Methods

Same as deposits; processed to source method within 24 hours

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 24–72 hours, with 0.5%–2% fees.

Withdrawal Fee

None

Support

ThinkMarkets

Support Languages

English, Arabic, Chinese, French, German, Indonesian, Japanese, Malay, Portuguese, Spanish, Thai, Vietnamese (12+ total)

Support Channels

24/5 live chat, email, phone; multilingual

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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