RannForex vs Switch Markets

Both forex brokers have built a positive reputation, and feedback from our members supports that. Both brokers have the same overall rating, 4.5. RannForex has a lower minimum deposit, at 0.0. Both platforms offer their clients demo accounts, mobile trading, scalping. Traders should note that both companies offer the same minimum (0.01) and maximum lot size (100.0). RannForex offers a lower maximum leverage of 1:500, whereas Switch Markets allows trading with up to 1:1000.
If youre unsure which of these two brokers to choose, you can always explore our full list of recommended brokers here or ask for opinions from other members in Myfxbook Community.
Overall Rating: Platform: Pricing: Customer service: Features:
4.5/5 (9 reviews)
4.5/5
4.5/5
4.5/5
4.5/5
4.5/5 (15 reviews)
4.5/5
4.5/5
4.7/5
4.4/5
Minimum deposit ($) 0.0 50.0
Commission 4.0 3.5
Accepting US clients?
Swap free accounts
Segregated accounts
Interest on margin
Managed accounts
Accounts for money managers (MAM, PAMM)
One click trading
API
OCO orders
Trading over the phone
Hedging allowed
Trailing stops
Mobile trading
Scalping allowed
Bonuses
Demo Accounts
Web based trading
Contests
Decimals 5 5
Minimum lot size 0.01 0.01
Maximum lot size 100.0 100.0
Spread Variable Variable
Broker type STP, ECN, NDD, Prime of Prime STP, ECN, Pro, Cent
Maximal leverage (1:?) 500 1000
Availability STP, ECN, NDD, Prime of Prime STP, ECN, Pro, Cent
Regulation FSA (Seychelles) -
Trading Platforms MetaTrader 5 (MT5) MetaTrader 4 (MT4), MetaTrader 5 (MT5), Web Platform, Mobile Platform
Funding/Withdrawal methods Wire Transfer, Crypto, AdvCash Wire Transfer, Credit Card, Debit Card, Perfect Money, Neteller, UnionPay, Skrill, FasaPay, Local Deposits, Bitcoin, Multiple local methods, PayTrust, PayRetailers, Payment Asia, Crypto, Dragonpay, USDT, Visa, Mastercard, cryptoPay
Account Currency USD USD, GBP, EUR, CHF, NZD, CAD, AUD, PHP
Languages English, Spanish, Russian English, Spanish, Portuguese, Italian, Russian, Filipino, Tagalog
Country Seychelles Singapore
Trading platform(s) timezone Seychelles Australia, Cyprus, Singapore
Other trading instruments Indices, Energies, Precious Metals, Forex -
spreads
EUR/USD - -
GBP/USD - -
USD/JPY - -
USD/CAD - -
XAU/USD - -

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