eToro vs switchmarkets: Comparison

Forex Broker Comparison

Detailed side-by-side analysis

eToro
eToro
VS
switchmarkets
switchmarkets
General Information Trading Conditions Account Types Platforms & Tools Payments Support

Quick Summary

Best for Beginners

switchmarkets

$40.00

Tightest Spreads

switchmarkets

From 0.0 pips (Pro/ECN); 0.6 pips average on Standard (EUR/USD). pips

Highest Leverage

switchmarkets

1:Up to 1:1000

Best Rated

switchmarkets

4.50
/5

Mobile Trading

Both

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General Information

eToro

Regulation

CySEC (Cyprus), FCA (UK), ASIC (Australia), FSCA (South Africa), FSA (Seychelles)

Founded

N/A

Headquarters

Israel (Global HQ)

Overall Rating

4.50/5

switchmarkets

Regulation

ASIC (Australia)

Founded

N/A

Headquarters

Australia

Overall Rating

4.50/5

Trading Conditions

Feature eToro switchmarkets
Minimum Deposit $50.00 $40.00
Average Spreads From 1 pip (forex majors); variable on CFDs/stocks From 0.0 pips (Pro/ECN); 0.6 pips average on Standard (EUR/USD).
Maximum Leverage 1:30 Up to 1:1000
Commission None None

Account Types

eToro

Standard Accounts Islamic Account Classic Account Copy Trading Accounts VIP Accounts

switchmarkets

Standard Accounts Islamic Account ECN Accounts Copy Trading Accounts VIP Accounts Raw Account

Platforms & Tools

eToro

cTrader

Mobile Trading

Available

Web Trading

Available

VPS Hosting

Available

Social Trading

Available

switchmarkets

MetaTrader 4, WebTrader

Mobile Trading

Available

Web Trading

Available

VPS Hosting

Available

Social Trading

Available

Payments

eToro

Deposit Methods

Credit/Debit Cards (Visa/Mastercard), PayPal, Bank Wire Transfer, Neteller, Skrill, Trustly, ClearPay

Withdrawal Methods

Bank Wire Transfer, PayPal, Credit/Debit Cards, Neteller, SkrillPayment Methods: USD/GBP/EUR accounts; supports local currencies in EEA/UK to avoid FX fees

Withdrawal Fee

None

switchmarkets

Deposit Methods

Bank Wire, Credit/Debit Cards (Visa/Mastercard), E-Wallets (Skrill, Neteller), Cryptocurrencies (Bitcoin, Ethereum), Local Methods (e.g., FPS for Asia). Instant processing for most; no deposit fees except crypto blockchain.

Withdrawal Methods

Same as deposits; processed 24–72 hours, with 0.5%–2% fees.

Withdrawal Fee

None

Support

eToro

Support Languages

English, Spanish, French, German, Italian, Arabic, Chinese, Japanese, Korean, Portuguese, Russian, Thai, Turkish (20+ total)

Support Channels

24/5 live chat, email, ticket system; multilingual phone in select regions

Account Manager

Available

switchmarkets

Support Languages

English, Spanish, Arabic, Chinese, Malay, Indonesian (multilingual support).

Support Channels

24/5 live chat, email, WhatsApp; highly rated for responsiveness (4.7/5 on Trustpilot).

Account Manager

Available

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