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Switch Markets Forex Broker keeps up-to-date with the latest trading account information, including Pro, Standard maximum leverage of 1:1000, trading varieties, and more
Rating Index
Pros
Competitive trading conditions with low minimum deposit of $50 and leverage up to 1:1000.
Access to a wide range of trading instruments, including over 60 forex pairs, commodities, and cryptocurrencies.
Strong customer support available 24/7 with multiple contact methods and a free VPS for automated trading.
Cons
Relatively high spreads on standard accounts, which may affect overall trading costs.
Lack of extensive educational resources and comprehensive trading tools compared to some competitors.
Regulation by offshore entities may raise concerns regarding investor protection and trustworthiness.
Switch Markets broker Accounts
Pro
Environment
--
Currency
--
Maximum Leverage
1:1000
SupportedEA
Minimum Deposit
$50
Minimum Spread
from 0.0
Depositing Method
(16+) Neteller VISA MASTER Skrill
Withdrawal Method
(16+) VISA Neteller Skrill MASTER
Minimum position
--
Commission
$3.5 per lot
Products
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Standard
Environment
--
Currency
--
Maximum Leverage
1:1000
SupportedEA
Minimum Deposit
$50
Minimum Spread
from 1.4
Depositing Method
(16+) Neteller VISA MASTER Skrill
Withdrawal Method
(16+) VISA Neteller Skrill MASTER
Minimum position
--
Commission
$0
Products
--
Switch Markets Account Type
Switch Markets offers two main types of trading accounts to cater to different trading styles and experience levels:
- Standard Account:
- Minimum Deposit: $50
- Spreads: Floating from 1.4 pips
- Commission: $0
- Suitable For: Beginner to intermediate-level traders.
- Pro Account:
- Minimum Deposit: $50
- Spreads: Floating from 0.0 pips
- Commission: $3.5 per lot
- Suitable For: Advanced and high-frequency traders.
- Visit the Website: Go to the official Switch Markets website.
- Start Trading: Click on the "Start Trading Today" button.
- Fill Out the Registration Form: Enter your personal information accurately, including your name, email, and phone number.
- Verification: Upload necessary documents for verification (ID and proof of address).
- Deposit Funds: Once your account is approved, you can deposit a minimum of $50 to start trading.
Both account types provide access to the MetaTrader 4 and MetaTrader 5 platforms, allowing traders to utilize advanced trading tools and features.
Switch Markets Broker Account Opening Process
To open an account with Switch Markets, follow these steps:
The entire process is straightforward and can be completed online.
For more information, visit: Switch Markets
Switch Markets Similar Broker Accounts
Explore broker markets account types: forex/trading accounts with demo access.
Switch Markets accounts can be viewed for products that can be traded -- accounts with a minimum deposit of $50 by (2+) (16+) Neteller VISA MASTER Skrill.