Switch Markets is an emerging CFD broker providing investment services across various trading markets including Forex, commodities, indices, stocks, and cryptocurrencies. It does not offer trading services to residents of the United States, Yemen, Iran, North Korea, or any other country/region where offering such services might contravene local laws or regulations.
Core Values
The core values of Switch Markets include customer support and transparency.
- Customer Support: Switch Markets offers 24/7 customer support to ensure that clients can receive assistance at any time. Whether it is an account issue or a trading query, the customer support team can provide professional solutions.
- Transparency: Maintaining transparency in all operations ensures that clients understand every trading step and fee, making information open and clear.
Account Types
Switch Markets offers two types of accounts to cater to different traders' needs: Standard Account and Pro Account.
Standard Account:
- Spreads: From 1.4 pips
- Zero commission
- Free VPS
- Bonus: Up to $5,000
- Maximum leverage: 1:500
- MT4/5 platforms
- Minimum deposit: $50
- Account currencies: USD, EUR, AUD, GBP, CAD, NZD, CHF
Pro Account:
- Spreads: From 0.0 pips
- Trading commission: From $3.5
- Free VPS
- Bonus: Up to $5,000
- Maximum leverage: 1:500
- MT4/5 platforms
- Minimum deposit: $50
- Account currencies: USD, EUR, AUD, GBP, CAD
Trading Platforms
Switch Markets supports MetaTrader 4 and MetaTrader 5.
- MetaTrader 4: MT4 is the world's most widely used trading platform, offering desktop, mobile, and web versions. It supports EA automated trading, advanced charting tools, and one-click trading functionality. The MT4 platform is highly stable with fast execution, suitable for all types of traders.
- MetaTrader 5: MT5 is an upgraded version of MT4, providing more powerful features, more order types, advanced charting tools, and market depth functionality. The MT5 platform supports various trading strategies, making it suitable for professional traders.
Deposits and Withdrawals
Switch Markets offers clients a variety of convenient deposit and withdrawal methods. All deposits are fee-free, and withdrawals are also completely free. Supported payment methods include Visa, MasterCard, Skrill, Neteller, etc. The processing time is swift, ensuring that clients' funds are promptly credited. Clients can choose from multiple currencies for deposits and withdrawals, including USD, AUD, EUR, GBP, CAD, CHF, with a minimum deposit amount of $50. Customers can make deposits and withdrawals at any time.
Trading Tools and Markets
Switch Markets offers a wide range of trading markets and tools to meet the needs of different types of traders. The trading tools provided by the company include:
- Forex: Major pairs, minor pairs, and exotic currency pairs. Clients can trade various currency pairs including EUR/USD, GBP/USD, USD/JPY, and others.
- Metals: Including precious metals like gold and silver, suitable for hedging and speculative trading.
- Indices: Major global market indices such as the S&P 500 in the USA, DAX 30 in Europe, FTSE 100 in the UK, and others.
- CFD Stocks: Clients can trade stocks of popular global companies like Apple, Google, Amazon, etc.
- Cryptocurrencies: Including major digital currencies like Bitcoin and Ethereum, suitable for clients interested in digital currency trading.
- Commodities: Such as crude oil, natural gas, and other commodities, providing more trading opportunities.
Education and Resources
Switch Markets provides a wealth of educational resources and tools to help traders improve their trading skills. These include market analysis, trading guides, economic calendars, and trading calculators. The company also regularly publishes market analysis reports, offering the latest market insights and trading recommendations to help clients make informed trading decisions. Additionally, Switch Markets offers detailed trading guides to help novice traders understand trading processes and techniques.
The educational resources at Switch Markets are not limited to trading guides and market analysis but also include a series of video tutorials and webinars. Clients can learn about the latest trading strategies and technical analysis methods through these resources, enhancing their trading skills.
Customer Support
Switch Markets offers 24/7 customer support services. Clients can contact the customer support team via phone, email, and online chat. Whether it is an account issue or a trading query, the customer support team can provide professional solutions.
Moreover, Switch Markets offers a range of self-service tools. Clients can check frequently asked questions and answers on the official website to quickly find the information they need. The company also provides detailed user guides to help clients understand the functionalities and usage of the trading platform, ensuring a smooth trading experience.
Conclusion
Switch Markets is an emerging CFD broker offering various trading services including forex, commodities, indices, stocks, and cryptocurrencies. It does not provide services to residents of the United States, Yemen, Iran, and North Korea.
Currently, this broker is marked as "Active" on Traderknows.
