Forex Broker Comparison
Detailed side-by-side analysis
Quick Summary
Best for Beginners
switchmarkets
$40.00Tightest Spreads
MH Markets
From 0.0 pips pipsHighest Leverage
switchmarkets
1:Up to 1:1000Best Rated
switchmarkets
Mobile Trading
Both
✓✓General Information
switchmarkets
Regulation
ASIC (Australia)
Founded
N/A
Headquarters
Australia
Overall Rating
MH Markets
Regulation
FSC (Mauritius)
Founded
N/A
Headquarters
Mauritius (licensed), UAE office
Overall Rating
Trading Conditions
| Feature | switchmarkets | MH Markets |
|---|---|---|
| Minimum Deposit | $40.00 | $50.00 |
| Average Spreads | From 0.0 pips (Pro/ECN); 0.6 pips average on Standard (EUR/USD). | From 0.0 pips |
| Maximum Leverage | Up to 1:1000 | 1:2000 |
| Commission | None | None |
Account Types
switchmarkets
MH Markets
No account types specified
Platforms & Tools
switchmarkets
MetaTrader 4, WebTrader
Mobile Trading
Available
Web Trading
Available
VPS Hosting
Available
Social Trading
Available
MH Markets
MetaTrader 4, MetaTrader 5, WebTrader
Mobile Trading
Available
Web Trading
Available
VPS Hosting
Not Available
Social Trading
Available
Payments
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
MH Markets
Deposit Methods
🏦 Bank/Wire | 💳 VISA/MasterCard | 🏛️ Local Banking | 📱 QR | 💰 Tether (USDT)
Withdrawal Methods
Same as deposits; processing typically 1 business day; wire may take 3–5 days
Withdrawal Fee
None
Support
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
MH Markets
Support Languages
Multi‑lingual support: English, Thai (and others)
Support Channels
24/7 multilingual support; strong reviews, though some variability in response times
Account Manager
Available
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