Swissquote
Swiss-regulated, premium banking ★ ★ ★ ★ ★ 4.3
Licensed Swiss bank, listed on the SIX exchange (SWX: SQN) — premium positioning with real Swiss banking security.
Swissquote vs XTB
A side-by-side look at Swissquote and XTB — score, fees, platforms and who each one actually fits best.
XTB
Publicly listed, transparent ★ ★ ★ ★ ★★4.6
FCA, KNF and CySEC regulated with a real, accessible affiliate program. KNF fined it in 2026 for MiFID II conduct issues — worth disclosing, not disqualifying for a large public broker.
Quick verdict
XTB scores higher overall (4.6 vs 4.3), but a higher score doesn't automatically mean it's the right pick for you.
Swissquote is the stronger fit for traders who value Swiss banking regulation and reputation, while XTB is built more around beginner-friendly education, EU/UK regulated access.
Regulation: Swissquote — FINMA (Switzerland), FCA (UK). XTB — FCA (522157), CySEC (169/12), KNF (0000217580) - operating since 2002, publicly listed (WSE) since 2016.
Minimum deposit: Swissquote — $1,000, varies by account. XTB — No minimum on standard account.
Side by side
SwissquoteXTB
Best forTraders who value Swiss banking regulation and reputationBeginner-friendly education, EU/UK regulated access
PlatformsAdvanced Trader, MT4/MT5xStation 5 only
RegulationFINMA (Switzerland), FCA (UK)FCA (522157), CySEC (169/12), KNF (0000217580) - operating since 2002, publicly listed (WSE) since 2016
Minimum deposit$1,000, varies by accountNo minimum on standard account
Swissquote strengths
- Licensed Swiss bank
- Publicly listed (SIX exchange)
- Strong reputation/security
XTB strengths
- Publicly traded (transparent reporting)
- Accessible affiliate program
- Strong education content
Which one should you pick?
Pick Swissquote if you're mainly after traders who value Swiss banking regulation and reputation. It stands out for licensed Swiss bank and publicly listed (SIX exchange).
Pick XTB if you're mainly after beginner-friendly education, EU/UK regulated access. It stands out for publicly traded (transparent reporting) and accessible affiliate program.
Common questions
Swissquote vs XTB FAQ
Is Swissquote better than XTB?
XTB scores higher in our rating (4.6 vs 4.3), but Swissquote may still be the better fit if you specifically need traders who value Swiss banking regulation and reputation.
What's the difference in regulation between Swissquote and XTB?
Swissquote: FINMA (Switzerland), FCA (UK). XTB: FCA (522157), CySEC (169/12), KNF (0000217580) - operating since 2002, publicly listed (WSE) since 2016.