TopFX vs switchmarkets: Comparison

Forex Broker Comparison

Detailed side-by-side analysis

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

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

TopFX

1:Up to 1:30

Best Rated

switchmarkets

4.50
/5

Mobile Trading

Both

✓✓

General Information

TopFX

Regulation

CySEC (Cyprus), FSA (Seychelles)

Founded

N/A

Headquarters

Cyprus (Headquarters in Limassol)

Overall Rating

4.50/5

switchmarkets

Regulation

ASIC (Australia)

Founded

N/A

Headquarters

Australia

Overall Rating

4.50/5

Trading Conditions

Feature TopFX switchmarkets
Minimum Deposit $50.00 $40.00
Average Spreads From 0.0 pips (RAW account); average 0.5 pips on majors like EUR/USD (ZERO account) From 0.0 pips (Pro/ECN); 0.6 pips average on Standard (EUR/USD).
Maximum Leverage Up to 1:30 Up to 1:1000
Commission None None

Account Types

TopFX

Islamic Account ECN Accounts Classic Account Raw Account

switchmarkets

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

Platforms & Tools

TopFX

MetaTrader 4, 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

TopFX

Deposit Methods

💳 Credit/Debit Cards (Visa & Mastercard) | 🏦 Bank Wire | 💸 e-Wallets (Skrill, Neteller, PayPal) | 🪙 Crypto (BTC, ETH, USDT) | 🌍 Local Options (PIX, M-Pesa, FasaPay)

Withdrawal Methods

Same as deposits; minimum €100, processed in 1 business day (up to 5 for wires)

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

TopFX

Support Languages

English, Spanish, Arabic, Chinese, French, German, Italian, Portuguese, Russian (24/7 support)

Support Channels

24/7 via live chat (response <1 min), email, phone (+357 25 268 800); multilingual team

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

Ready to choose your broker?

Select the platform that best matches your needs

Open TopFX Account Open switchmarkets Account