FxPro vs Switch Markets - Forex Broker Comparison (April 2026)
Head-to-head comparison of FxPro 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.
|
FxPro
Award-Winning Global CFD Broker Since 2006
|
Switch Markets
Australian-Backed Multi-Asset CFD Broker With 1:1000 Leverage
|
|
|---|---|---|
| Overview | ||
| Trustpilot Rating | 3 | 4.6 |
| Trustpilot Reviews | 771 | 864 |
| Headquarters | United Kingdom | Australia |
| Founded | 2006 | 2019 |
| Best For | Algo Trading Scalping Low Spreads Day Trading Copy 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) SCB (Bahamas) FSCA (South Africa) | VFSC (Vanuatu) FSA (St. Vincent and the Grenadines) |
| Fund Segregation | ✅ Yes | ✅ Yes |
| Negative Balance Protection | ✅ Yes | ✅ Yes |
| Compensation Scheme | Up to GBP 85,000 under UK FSCS; Up to EUR 20,000 under CySEC ICF | None (offshore entity). Client funds held in segregated accounts at tier-one banks. |
| Trading Costs | ||
| Min Spread | From 0.0 pips (Raw+/Elite), From 0.4 pips (Standard), From 0.5 pips (cTrader) | From 0.0 pips (Pro), From 1.4 pips (Standard) |
| Commission | None (Standard), $3.50/lot/side (Raw+), $3.50/lot/side with rebates (Elite), $35 per $1M traded (cTrader) | $3.50/lot/side ($7 round turn) on Pro, None on Standard |
| Swap-Free (Islamic) | ✅ Yes | ✅ Yes |
| Inactivity Fee | $10 one-off after 6 months inactivity, then $10/month ongoing | None |
| Deposit/Withdrawal Fees | No deposit or withdrawal fees for standard methods | No deposit or withdrawal fees charged by the broker. Most withdrawals processed within 1 business day. |
| Trading Conditions | ||
| Max Leverage | 1:200 (Global), 1:500 (Professional UK), 1:30 (EU/UK retail) | 1:1000 (Global) |
| Min Deposit | $100 (Standard/Raw+/cTrader), $30000 (Elite) | $50 |
| Execution Type | STP | STP |
| Stop Out Level | 50% (FCA/CySEC), 20% (SCB MT4), 30% (SCB MT5/cTrader) | 20% |
| Margin Call Level | 50% | 50% |
| Instruments | 75 Forex 1873 Stocks 18 Indices 5 Commodities 12 Metals 3 Energies 20 Futures 28 Crypto | 65 Forex 1319+ Stocks 26 Indices 15 Commodities 2 Metals 2 Energies 41 Crypto |
| Currency Pairs | 75 | 65 |
| Min Lot Size | 0.01 | 0.01 |
| Platforms & Tools | ||
| Trading Platforms | MetaTrader 4 MetaTrader 5 cTrader | 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 | FxPro Trading Academy Video Tutorials Webinars Daily Market Analysis Trading Calculators Economic Calendar | Trading Academy Video Tutorials Trading Glossary Market News Economic Calendar Webinars |
| Account & Support | ||
| Account Types | Standard Raw+ Elite cTrader Islamic (Swap-Free) Demo | Standard Pro (Raw) Islamic PAMM Demo Micro |
| Payment Methods | Credit/Debit Cards (Visa Mastercard Maestro) Bank Wire PayPal Skrill Neteller UnionPay | Credit/Debit Cards (Visa Mastercard) Bank Wire Skrill Neteller FasaPay Perfect Money Crypto (Bitcoin) Globepay Paytrust Nganluong |
| Withdrawal Speed | Same day (e-wallets), 1-2 days (cards), 3-5 days (bank wire) | Same Day (most methods, processed within 1 business day) |
| Support Hours | 24/5 Live Chat, Email, Phone | 24/5 Live Chat, Email, Phone (multilingual) |