Forex Broker Comparison
Detailed side-by-side analysis
Quick Summary
Best for Beginners
InstaForex
$1.00Tightest Spreads
InstaForex
From 0.0 pips pipsHighest Leverage
switchmarkets
1:Up to 1:1000Best Rated
switchmarkets
Mobile Trading
Both
✓✓General Information
InstaForex
Regulation
FSC (Mauritius)
Founded
N/A
Headquarters
British Virgin Islands (headquartered)
Overall Rating
switchmarkets
Regulation
ASIC (Australia)
Founded
N/A
Headquarters
Australia
Overall Rating
Trading Conditions
| Feature | InstaForex | switchmarkets |
|---|---|---|
| Minimum Deposit | $1.00 | $40.00 |
| Average Spreads | From 0.0 pips | From 0.0 pips (Pro/ECN); 0.6 pips average on Standard (EUR/USD). |
| Maximum Leverage | Up to 1:1000 | Up to 1:1000 |
| Commission | None | None |
Account Types
InstaForex
switchmarkets
Platforms & Tools
InstaForex
MetaTrader 4, MetaTrader 5, 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
InstaForex
Deposit Methods
🏦 Bank Wire Transfer, 💳 Credit/Debit Cards (Visa, Mastercard), ₿ Cryptocurrencies (e.g., Bitcoin), 💸 E-wallets (e.g., Skrill, Neteller), 🌍 Local payment methods (varies by region).
Withdrawal Methods
🏦 Bank Wire Transfer, 💳 Credit/Debit Cards, ₿ Cryptocurrencies, 💸 E-wallets (Skrill, Neteller).
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
InstaForex
Support Languages
English, Russian, Spanish, Chinese, Arabic, Indonesian, Malay, Thai, Vietnamese, Hindi, and more (over 20 languages supported, based on global reach)
Support Channels
InstaForex offers 24/7 customer support via email, live chat, callback requests, and specialized departments to assist traders worldwide.
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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