0% Commissions for all Deposits

When you make a deposit into your trading accounts, the commission is always 0%. That’s right, we cover all fees.

Trustpilot reviews
  • Instant Funding - The average processing time is 1 min 02 seconds
  • 11 Account Currencies - Deposit funds in 11 major currencies including USD, AUD, GBP, EUR & CAD.
  • $50 Min Deposit - Deposit as little as $50 and start trading in no time!
  • 14+ Deposit Options - Deposit your funds using Bank Transfer, Credit Card or Crypto.
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Deposit Processing Time

The average processing time is

1 min 02 sec

Near Instant Deposits

At Switch Markets we believe all traders are entitled to a hassle-free experience when it comes to your funds.
After all, it is your money, you should be able to handle it with ease. Deposit your money instantly using our wide range of options.

Payment System Fees Currencies Processing Time
visa no charge AUD, CAD, CHF, EUR, GBP, HKD, LBP, NZD, SGD, USD Within our nearest working day
mastercard no charge AUD, CAD, CHF, EUR, GBP, HKD, LBP, NZD, SGD, USD Within our nearest working day
Bank Wire no charge* AED, AUD, CAD, CHF, DKK, EUR, GBP, HKD, HUF, JPY, LBP, MXN, NZD, PLN, SEK, SGD, THB, TRY, USD, ZAR Within 3-5 business days
Digital Currencies 0.8%** BTC, ETH Within our nearest working day
neteller no charge AUD, CAD, CHF, EUR, GBP, SGD, USD Almost instant once processed
skrill no charge CHF, EUR, GBP, USD Almost instant once processed
fasapay no charge*** IDR, USD Almost instant once processed
nganluong no charge VND Almost instant once processed
globepay no charge EUR, GBP, INR, USD Within our nearest working day
perfect money no charge EUR, USD Almost instant once processed
paytrust no charge IDR, VND, THB, MYR Within our nearest working day
union pay no charge CNY Within our nearest working day
Interac no charge CAD Almost instant once processed

* Switch Markets covers all deposit fees on Westpac, AstroBank and Hellenic Bank wires, plus up to $30 (or base currency equivalent) of any intermediary fees on deposits over $500

** Minimum Initial Deposit: Equivalent to $50 or base currency. Maximum Deposit: No limitations. Currency Conversion Fee: Applicable upon conversion to a single currency.

*** Switch Markets covers all deposit fees on FasaPay deposits over $1000 (or base currency equivalent).

PayTrust88 Deposit Fees: Switch Markets covers all deposit fees on deposits over $1,000 (or base currency equivalent).

Region Restriction: Neteller is not available to EU residents.

Currency Conversion Fees: Applicable to unavailable currencies for Globepayinc, Perfect Money, Nganluong, PayTrust88 & CUP. Neteller charges 3.99% and Skrill charges 2.99% on unavailable currencies. There are no conversion fees for Fasapay

Deposit Your Funds in Your Preferred Currency

We enable our clients to open accounts and deposit funds in 11 account base currencies including USD, AUD, GBP, EUR & CAD.

USD

$50

Minimum Deposit

AUD

$50

Minimum Deposit

EUR

$50

Minimum Deposit

GBP

$50

Minimum Deposit

NZD

$50

Minimum Deposit

CAD

$50

Minimum Deposit

Your security. Our priority.

Safety is on top of our list when it comes to dealing with money. Deposit your money with a complete peace of mind today

  • Robust security measures to ensure your money is as safe and secure
  • Switch Markets follows all relevant regulations, requirements and laws
  • Switch Markets is registered with relevant regulatory institutions
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Much more than just a broker

Explore the benefits and extras you can get if you open an account with Switch Markets.

Much more than just a broker

Explore the benefits and extras you can get if you open an account with Switch Markets.

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Ready to make a Deposit? Start Trading with Switch Markets today!

Open an account in 4 simple steps…

Follow this link to open a Live Account

Open Account

Fill in the questionnaire to complete your profile

Upload your documents for verification purposes

You’re ready to deposit and start trading!

Deposit & Withdrawal FAQs

Take a look at the most commonly asked questions about our deposits and withdrawals. Still have questions? Contact our 24/5 support team.

How are my funds handled with Switch Markets?

All the funds we receive from our clients are securely held in segregated funds accounts with tier one banks. All is done in accordance with the Rules and Regulations of the jurisdiction the clients chose to open an account with.

Can I deposit funds into my account using someone else’s credit card?

Unfortunately, you can't. The funds must be deposited from an account / credit card in the same name as your Switch Markets trading account. We do not accept third party payments; in such instances, the funding fees apply.

If my partner and I have a joint account, can it be funded by both of us?

In the case of a joint account, we accept funding using one account / credit card pertaining to one or both of the approved parties on the joint trading account.

Are all transfer without fees?

Yes, Switch Markets covers all the fees (on deposits using credit & debit cards and eWallts), but when it comes to bank wires, Switch Markets covers all deposit fees on Westpac, AstroBank and Hellenic Bank wires, plus up to $30 (or equivalent in base currency) of any intermediary fees on all deposits over $500.

Can deposit time ever take longer than stated in Switch Markets deposit terms and conditions?

There might be unforeseen circumstances that might prolong the deposit time from what is stated under each deposit option.

Do I get charged for currency conversion?

Currency conversion may apply to unavailable currecies.

What are ‘unavailable currencies’?

Our payment service providers accept certain currencies, but in some instances, there are currencies they can’t accept without charging you conversion fee. You can find the list of available currencies in the Available Currencies column under each payment method.

Can I ever be charged a transaction fee on deposits Swich Markets supposedly covers?

If a client is deemed to be abusing or inappropriately depositing (e.g. making several deposits without any further trading), Switch Markets then has the right to charge the client any transaction fees incurred with deposits and withdrawals, without providing notice.