XTB
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79% of retail CFD accounts lose money.

Vs.

Swissquote
Visit

74-89% of retail CFD accounts lose money.

XTB Vs. Swissquote - Compare Trustworthiness, Capabilities, Fees and Legitimacy

Updated Dec 22 2022

Visit

79% of retail CFD accounts lose money.

Visit

74-89% of retail CFD accounts lose money.

Overview

XTB is an international broker specialised in CFD trading and low cost forex spreads.

Swissquote is a global broker and investment bank headquartered in Switzerland that offers traditional securities and CFD trading along with advanced research tools.

Best For
  • Experienced forex traders looking for low spreads
  • Experienced stock traders looking for trading particular stocks under low spreads (with commission)
  • Traditional equity investors looking for a broad range of markets
  • Experienced traders looking to benefit from their amazing research tools
Licenses

Financial
Licenses

Regulation

Regulated

Top-tier Licenses

2

Other Licenses

2

Provided by
TheTradingBible.com

Learn More

Financial
Licenses

Regulation

Regulated

Top-tier Licenses

4

Other Licenses

1

Provided by
TheTradingBible.com

Learn More
🏛 Financial Regulators
  • CySec (Cyprus)
  • FCA (UK)
  • CMNV (Spain)
  • UKNF (Poland)
  • FCA (UK)
  • ADGM (United Arab Emirates)
  • FINMA (Switzerland)
  • MFSA (Malta)
  • HKMA (Hong Kong)
The Good
  • Low forex & stock spreads
  • Professional platform with customisable layouts
  • Outstanding asset offering with more than 60 exchanges across the world
  • Amazing research and analysis tools for all trader levels
  • Thematic investments with preconfigured product baskets
  • Offers banking services along with debit card
The Bad
  • No ability to remove or customise leverage
  • High commissions on stocks & ETFs
  • All instruments are CFDs, you can't buy underlying assets (real stocks or cryptocurrencies)
  • Their proprietary platform lacks many features and is not user friendly
  • Their commissions are extremely high
  • Overall everything feels complicated to use
Status
Operational Operational
Recent News

No fresh news at the moment. Check again soon!

No fresh news at the moment. Check again soon!

Key Data
⌛ Account Opening Time
1 day 1 day
📋 Documents Required
  • Valid identity document (Passport, ID Card, etc)
  • Valid proof of residence document (Bank statement, utility bills)

All documents must be under the account holder's name.

  • Valid identity document (Passport, ID Card, etc)
  • Valid proof of residence document (Bank statement, utility bills)

All documents must be under the account holder's name.

📍 Year Founded
2002 1996
💳 Minimum Deposit Range
0 0
💰 Payment Methods
  • Visa
  • Mastercard
  • Bank Transfer
  • Sofort
  • Neteller
  • Paypal
  • Skrill
  • Visa
  • Mastercard
  • Bank Transfer
💵 Account Base Currencies
5 - USD, GBP, EUR, PLN, HUF. 21 - AED, AUD, CAD, EUR, DKK USD, GBP, HKD, HUF, ILS, CHF, JPY, PLN, NOK, SGD, MXN, NZD, SEK, TRY, THB, ZAR.
🗽 Available to U.S Citizens
No No
❌ Restricted Countries

US, SY, IR.

US, JP, SY, IR.

📊 STP Account
Yes Yes
📊 DMA Account
No Yes
📊 ECN Account
No Yes
Banking License
No Yes
Debit Card
No Yes
Assets
📚 Assets Type
CFDs Hybrid
Total Asset Offering
2,131 175,533
Exchange Access
0 60
📙 Real Stocks
0 100,000
📙 Stock CFDs
1,877 0
📘 Currency Pairs
0 0
📘 Currency Pair CFDs
57 80
📗 Commodities
0 0
📗 Commodities CFDs
21 12
📕 Indices
0 0
📕 Indices CFDs
36 26
📔 ETFs
0 1,400
📔 ETFs CFDs
135 0
💸 Cryptocurrencies
0 0
💸 Cryptocurrency CFDs
5 12
📒 Bonds
0 54,000
📒 Bonds CFDs
0 3
📓 Options
0 10,000
📓 Options CFDs
0 0
📗 Futures
0 10,000
📗 Futures CFDs
0 0
Trading Experience
📈 Minimum Stock Trade Size
$50 trade value From $50
📉 Minimum ETFs Trade Size
$50 trade value From $50
📈 Minimum Crypto Trade Size
Varies by Crypto (Eg: 0.01 BTC) $1,000 (0.01 Lots)
📉 Minimum FX Trade Size
$1,000 (0.01 Lots) $1,000 (0.01 Lots)
📈 Minimum Commodities Trade Size
Varies by Commoditty (Eg: 0.01 Troy ounces of Gold) From $50
📉 Minimum Bonds Trade Size
Unavailable From $50
📈 Minimum Futures Trade Size
Unavailable From $50
📉 Minimum Options Trade Size
Unavailable From $50
💪 Retail Leverage
30 30
💪 Professional Leverage
500 500
✍ Customisable Leverage
No No
🎲 Deleveraged Trading
No Yes
🎓 Demo Account
Yes Yes
📱 IOS App
Yes Yes
📱 Android App
Yes Yes
📺 MetaTrader 4
Yes Yes
📺 MetaTrader 5
No Yes
📺 cTrader
No No
💻 Web trader
Yes Yes
💻 TradingView Platform
No Yes
💻 Proprietary Platform
Yes Yes
📊 Multi-chart Tools
Yes Yes
👬 Copy Trading
No No
👫 Social Trading
No No
🔑 Guaranteed Stop-loss
No No
🔨 Trailing Stop-loss
Yes Yes
Fees
💰 Inactivity Fee

$10 monthly after 1 year of inactivity.

None
💰 Deposit Fees
None None
💰 Withdrawal Fees
None

$10 per withdrawal.

💰 Commissions

For Stocks and ETFs there is an 0.08% commission with $8 minimum.

For CFDs there are no commissions as the spreads are the cost. For other assets from $9 up to $210 based on transaction volume and depending on the exchange.

Spreads
📈 EUR/USD
Dynamic - From 0 to 0.8 Pips Dynamic - From 0 to 1.3 Pips
📉 SP500
Dynamic - From 50 Pips Dynamic - From 60 Pips
📈 GOLD
Dynamic - From 35 Pips Unavailable
📉 TSLA (Stock CFD)
Dynamic - Market Spread Dynamic - Market Spread
📈 XLK (ETF - CFD)
Dynamic - Market Spread Dynamic - Market Spread
📉 BTC
Dynamic - From $120 Unavailable
Research and Analysis
⭐ Watchlists
Yes Yes
🔭 Stock Screener
Yes Yes
🗓 Economic Calendar
Yes Yes
📜 Integrated Newsfeed
No Yes
📡 Reuters Feed
No Yes
📡 Educational Content
Yes Yes
📡 Live Chat Support
No No
📡 Video Tutorials
No Yes
📡 Account Management
No No
📡 Webinars
Yes No