Exness vs Switch Markets - Forex Broker Comparison (April 2026)
Head-to-head comparison of Exness and Switch Markets. Check max funding, profit splits, daily and overall drawdown rules, leverage, tradable assets, payout frequency, payment and payout methods, trading permissions and KYC restrictions before you buy a challenge. Data refreshed April 2026.
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Exness
Global Multi-Asset Broker with Unlimited Leverage
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Switch Markets
Australian-Backed Multi-Asset CFD Broker With 1:1000 Leverage
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|---|---|---|
| Overview | ||
| Trustpilot Rating | 4.7 | 4.6 |
| Trustpilot Reviews | 27,019 | 864 |
| Headquarters | Cyprus | Australia |
| Founded | 2008 | 2019 |
| Best For | High Leverage Scalping High-Volume Low Spreads Beginners Copy Trading Day Trading Swing Trading News Trading Hedging Zero Spread No Commission Professional | Beginners Low Deposit High Leverage Low Spreads Scalping Algo Trading Copy Trading Day Trading Swing Trading News Trading Hedging Zero Spread No Commission Professional |
| Trust & Safety | ||
| Regulation | FCA (UK) CySEC (Cyprus) FSCA (South Africa) FSA (Seychelles) CMA (Kenya) | VFSC (Vanuatu) FSA (St. Vincent and the Grenadines) |
| Fund Segregation | ✅ Yes | ✅ Yes |
| Negative Balance Protection | ✅ Yes | ✅ Yes |
| Compensation Scheme | Up to EUR 20,000 via Financial Commission Compensation Fund | None (offshore entity). Client funds held in segregated accounts at tier-one banks. |
| Trading Costs | ||
| Min Spread | From 0.0 pips (Raw/Zero), From 0.1 pips (Pro), From 0.2 pips (Standard) | From 0.0 pips (Pro), From 1.4 pips (Standard) |
| Commission | $3.50/lot/side (Raw Spread), From $0.05/lot/side (Zero), None (Standard/Pro) | $3.50/lot/side ($7 round turn) on Pro, None on Standard |
| Swap-Free (Islamic) | ✅ Yes | ✅ Yes |
| Inactivity Fee | None | None |
| Deposit/Withdrawal Fees | No deposit or withdrawal fees | No deposit or withdrawal fees charged by the broker. Most withdrawals processed within 1 business day. |
| Trading Conditions | ||
| Max Leverage | 1:2000000000 (Unlimited/Offshore), 1:30 (EU/UK retail), 1:200 (EU/UK professional) | 1:1000 (Global) |
| Min Deposit | $10 (Standard), $1 (Standard Cent), $200 (Pro/Raw Spread/Zero) | $50 |
| Execution Type | Hybrid | STP |
| Stop Out Level | 0% (most entities) | 20% |
| Margin Call Level | 60% (Standard), 30% (Pro/Raw/Zero) | 50% |
| Instruments | 100+ Forex 10+ Metals 3 Energies 5 Commodities 10+ Indices 80+ Stocks 35+ Crypto | 65 Forex 1319+ Stocks 26 Indices 15 Commodities 2 Metals 2 Energies 41 Crypto |
| Currency Pairs | 100 | 65 |
| Min Lot Size | 0.01 | 0.01 |
| Platforms & Tools | ||
| Trading Platforms | MetaTrader 4 MetaTrader 5 | MetaTrader 4 MetaTrader 5 |
| Mobile App | ✅ Yes | ✅ Yes |
| Copy Trading | ✅ Yes | ✅ Yes |
| Expert Advisors (EA) | ✅ Yes | ✅ Yes |
| VPS Hosting | ✅ Yes | ✅ Yes |
| API Access | ✅ Yes | ❌ No |
| Education | Trading Academy Video Tutorials Webinars Market Analysis Trading Glossary | Trading Academy Video Tutorials Trading Glossary Market News Economic Calendar Webinars |
| Account & Support | ||
| Account Types | Standard Standard Cent Pro Raw Spread Zero Islamic Demo | Standard Pro (Raw) Islamic PAMM Demo Micro |
| Payment Methods | Credit/Debit Cards (Visa Mastercard) Bank Wire Skrill Neteller Perfect Money Crypto (Bitcoin USDT) | Credit/Debit Cards (Visa Mastercard) Bank Wire Skrill Neteller FasaPay Perfect Money Crypto (Bitcoin) Globepay Paytrust Nganluong |
| Withdrawal Speed | Instant (e-wallets/crypto), 1-3 business days (cards/bank wire) | Same Day (most methods, processed within 1 business day) |
| Support Hours | 24/7 Live Chat, Email, Phone | 24/5 Live Chat, Email, Phone (multilingual) |