Switch Markets review - Trading instruments, Trading platforms, Broker features, and Traders ratings.
1 REVIEWS
What is Switch Markets?
Switch Markets is a forex broker with MT4 as their sole trading platform in PC, Mobile and Web version.
SwitchMarkets.com offers over 60 forex currency pairs, commodities, gold, silver, oil, indices, shares, bitcoin and other cryptocurrencies for your personal investment and trading options.
Please read Switch Markets Reviews below and share your live trading experiences with this broker.
Broker Details
| Minimum Trade Size: | 0.01 |
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| Maximum Leverage: | 500:1 |
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| Minimum to Open Live: | $50 |
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| Established: | 2020 |
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| Address: | Unit 126, 117 Old Pittwater Road, Brookvale, NSW 2100, Australia |
| Contact: | support@switchmarkets.com, +44 1902 943 383 |
| Regional offices: | |
| Regulators: | ASIC #AFSL 420268 |
| Prohibited countries: |
| Trading platforms: | MT4 |
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| Web Trading: | ✅ Yes |
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| ECN: | ✅ Yes |
| Currencies: | (60+) |
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| Cryptocurrencies: | (5+) Bitcoin, Litecoin, Ethereum |
| CFD: | (95+) Gold, Silver, Stocks, Stock Indexes, Oil, Other Commodities |
Trading Conditions |
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| EAs/Robots: | ✅ Yes |
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| News Trading: | ✅ Yes |
| Scalping: | ✅ Yes |
| MAM: | ✅ Yes |
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| Deposit Methods: | Bank Wire (BankTransfer/SWIFT), VISA, MasterCard, Bitcoin, FasaPay, Globe Pay, Neteller, Ngan Luong, PayTrust88, PerfectMoney, Skrill, UnionPay |
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| Withdrawal Methods: | Bank Wire (BankTransfer/SWIFT), VISA, MasterCard, Bitcoin, FasaPay, Globe Pay, Neteller, Ngan Luong, PayTrust88, PerfectMoney, Skrill, UnionPay |
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1 REVIEWS
Traders Reviews
Broker have A BIG ISSUES with client's Withdrawal.
Service use: Live
Length of use: over 1 Year
i have been a client of this broker more than a year,
they giving me free VPS for me to trade , and 1 to one credit bonus,
but, the withdrawal take a long time to credit into my personal account.
based on my mt4 account 506530;
1st case, only 327 USD; requested on 25th Jan
it's take for 3 offices days for me to receives
2nd case, only 1585.28 USD; requested on 27th Jan.
still not received yet up until 4 office days.
the team representative asked me to direct asking for my local bank for pending floating amount to me,
but when i call my local bank they said, no existing floating amount towards my personal account.
the representative also always said the same answer just have to wait for the money to come without any further action or mitigation action being taken to solve the issues.
overall sum up,
VPS provides good,
credit bonus, 1:1 (no support floating)
spreads: good.
commission fee per lot. high charge, 7usd per lot
withdrawal: horrible
deposit: so fast..(so questionable here..)
they giving me free VPS for me to trade , and 1 to one credit bonus,
but, the withdrawal take a long time to credit into my personal account.
based on my mt4 account 506530;
1st case, only 327 USD; requested on 25th Jan
it's take for 3 offices days for me to receives
2nd case, only 1585.28 USD; requested on 27th Jan.
still not received yet up until 4 office days.
the team representative asked me to direct asking for my local bank for pending floating amount to me,
but when i call my local bank they said, no existing floating amount towards my personal account.
the representative also always said the same answer just have to wait for the money to come without any further action or mitigation action being taken to solve the issues.
overall sum up,
VPS provides good,
credit bonus, 1:1 (no support floating)
spreads: good.
commission fee per lot. high charge, 7usd per lot
withdrawal: horrible
deposit: so fast..(so questionable here..)