Switch Markets
Switch Markets is a multi-asset CFD broker founded in 2019 and headquartered in Brookvale, New South Wales, Australia. It is part of the OneRoyal group of companies, a global financial services organisation with a presence in 21 countries and almost 100 staff. Client services for international traders are provided through Royal CM LTD, authorised by the Vanuatu Financial Services Commission (VFSC), with additional group entities licensed by the FSA of Saint Vincent and the Grenadines.The broker offers more than 1,400 tradable instruments across forex, indices, shares, commodities, metals and digital currencies through MetaTrader 4 and MetaTrader 5 (desktop, mobile and web versions). Two main account types are available: a zero-commission Standard account with spreads from 1.4 pips and a Pro (Raw) account with spreads from 0.0 pips at $3.50 per side per lot. Both accounts share a $50 minimum deposit, leverage up to 1:1000, micro-lot trading from 0.01 lots and an Islamic swap-free option.Switch Markets distinguishes itself with a free VPS bundle, a free Perks Package valued at $8,937, social trading (PAMM), and 24/5 multilingual customer support. There are no deposit fees, no inactivity fees, and most withdrawals are processed within one business day. Negative balance protection and segregated client funds at tier-one banks are in place across all live accounts.
MetaTrader 4
MetaTrader 5
Trust & Safety
| Segregated Funds | Yes |
| Negative Balance Protection | Yes |
| Compensation Scheme | None (offshore entity). Client funds held in segregated accounts at tier-one banks. |
| Founded | 2019 |
| Headquarters |  Australia |
Trading Costs
| EUR/USD Spread | From 0.0 pips (Pro), From 1.4 pips (Standard) |
| Commission | $3.50/lot/side ($7 round turn) on Pro, None on Standard |
| Islamic Account | Yes |
| Inactivity Fee | None |
| Deposit/Withdrawal Fees | No deposit or withdrawal fees charged by the broker. Most withdrawals processed within 1 business day. |
Trading Conditions
| Max Leverage | 1:1000 (Global) |
| Minimum Deposit | $50 |
| Execution Type | STP |
| Stop Out Level | 20% |
| Margin Call Level | 50% |
| Min Lot Size | 0.01 |
| Instruments | 65 Forex 1319+ Stocks 26 Indices 15 Commodities 2 Metals 2 Energies 41 Crypto |
| Currency Pairs | 65+ |
Platforms & Tools
| Platforms | MetaTrader 4 MetaTrader 5 |
| Mobile App | Yes |
| Copy Trading | Yes |
| EA/Algo Trading | Yes |
| Free VPS | Yes |
| API Access | No |
| Education Resources | Trading Academy Video Tutorials Trading Glossary Market News Economic Calendar Webinars |
| Research Tools | Trading Central Economic Calendar Market News Daily Market Commentary Free VPS |
Account & Support
| Account Types | Standard Pro (Raw) Islamic PAMM Demo Micro |
| Base Currencies | USD EUR AUD GBP CAD NZD CHF |
| Payment Methods | Credit/Debit Cards (Visa Mastercard) Bank Wire Skrill Neteller FasaPay Perfect Money Crypto (Bitcoin) Globepay Paytrust Nganluong |
| Withdrawal Speed | Same Day (most methods, processed within 1 business day) |
| Support Hours | 24/5 Live Chat Email Phone (multilingual) |
| Best For | Beginners Low Deposit High Leverage Low Spreads Scalping Algo Trading Copy Trading Day Trading Swing Trading News Trading Hedging Zero Spread No Commission Professional |
| Restricted Countries | United States Canada Japan North Korea Iran Syria Iraq Cuba Sudan Myanmar Afghanistan Yemen Libya Somalia |
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