Swissquote vs XM
Side-by-side comparison of regulation, trading costs, platforms, and account types for Swissquote and XM.
SwissquoteTrust 8.9/10
FINMA
FCA
MAS
SFC
Swiss bank-grade broker offering forex and CFDs alongside traditional banking. FINMA-regulated and listed on the SIX Swiss Exchange — a premium choice for security-focused traders willing to accept higher entry costs.
XMTrust 8.4/10
ASIC
CySEC
DFSA
FSCA
Global broker with multi-jurisdictional licensing (CySEC, ASIC, FSCA, FSC-Belize, IFSC). Strong cTrader and MT4/MT5 offering, low minimum deposits, and broad product range.
Quick verdict
- Trust: Swissquote has the higher trust score.
- EUR/USD spread: XM is tighter on EUR/USD.
Side-by-side comparison
| Feature | Swissquote | XM |
|---|---|---|
| Trust score | 8.9 | 8.4 |
| Regulators | FINMA, FCA, MAS, SFC, DFSA | ASIC, CySEC, DFSA, FSCA, FSC-Belize |
| Headquarters | Gland, Switzerland | Cyprus |
| Founded | 1996 | 2009 |
| Min deposit | $1,000 | $5 |
| Max leverage | 1:100 | 1:1000 |
| EUR/USD spread | 1.30 pips | 0.70 pips |
| Commission per lot | $0.00 | $0.00 |
| Raw spread account | ||
| Standard account | ||
| Swap-free account | ||
| cTrader | ||
| MT4 | ||
| MT5 | ||
| TradingView | ||
| Scalping allowed | ||
| EAs / algo allowed | ||
| Hedging allowed | ||
| Copy trading | ||
| Deposit methods | Bank Wire, Credit/Debit Card | Bank Wire, Credit/Debit Card, Skrill, Neteller |
| Withdrawal methods | Bank Wire | Bank Wire, Credit/Debit Card, Skrill, Neteller |
| Withdrawal speed | 24h | 24h |
| Base currencies | USD, EUR, GBP, CHF | USD, EUR, GBP, AUD, JPY, SGD |
Swissquote is best for
Swing traders
High-volume traders
XM is best for
Beginners
Day traders
Copy traders