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Swissquote vs XM Group 2020

Is Swissquote better than XM Group? After testing 30 of the best forex brokers over five months, Swissquote is better than XM Group. For traders who require a multi-asset solution and are willing to pay a premium to have their brokerage account held with a Swiss bank, Swissquote is worth a consideration. Otherwise, Swissquote’s UK-based offering provides a better all-round deal.



CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Overall Rating

Feature Swissquote XM Group
Overall 4 4
Swissquote Review XM Group Review
77% of retail CFD accounts lose money 73.57% of retail CFD accounts lose money

Regulation

Feature Swissquote XM Group
Trust Score 99 80
Year Founded
1996 2009
Publicly Traded (Listed)
Yes No
Bank
Yes No
Tier-1 Licenses
4 1
Tier-2 Licenses
1 1
Tier-3 Licenses
0 1
Authorised in the European Union
Yes Yes

Tier-1 Licenses

Feature Swissquote XM Group
ASIC Authorised (Australia)
No Yes
IIROC Authorised (Canada)
No No
SFC Authorised (Hong Kong)
Yes No
FSA Authorised (Japan)
No No
MAS Authorised (Singapore)
Yes No
FINMA Authorised (Switzerland)
Yes No
FCA Authorised (UK)
Yes Yes
CFTC Registered (USA)
No No

Investments

Feature Swissquote XM Group
Forex: Spot Trading
Yes Yes
Social Trading / Copy-Trading
Yes Yes
Currency Pairs (Total Forex pairs)
78 57
CFDs - Total Offered
52 Over 1000
Cryptocurrency traded as actual
Yes No
Cryptocurrency traded as CFD
No No
Offering of Investments 4.5 4
Winner check_circle

Cost

Feature Swissquote XM Group
Average Spread EUR/USD - Standard
N/A 1.6 (as of Jan 18)
All-in Cost EUR/USD - Active
N/A 0.8
Active Trader or VIP Discounts
Yes No
Commissions & Fees 3.5 3.5
Winner check_circle

Funding

Feature Swissquote XM Group
Minimum Initial Deposit
$1000.00 $5-100
Bank Wire (Deposit/Withdraw)
Yes Yes
Visa/Mastercard (Credit/Debit)
Yes Yes
PayPal (Deposit/Withdraw)
Yes No
Skrill (Deposit/Withdraw)
Yes Yes

Trading Platforms

Feature Swissquote XM Group
Proprietary Platform
Yes No
Desktop Platform (Windows)
Yes Yes
Web Platform
Yes Yes
Social Trading / Copy-Trading
Yes Yes
MetaTrader 4 (MT4)
Yes Yes
MetaTrader 5 (MT5)
Yes Yes
cTrader
No No

Trading Tools

Feature Swissquote XM Group
Virtual Trading (Demo)
Yes Yes
Alerts - Basic Fields
Yes Yes
Watchlists - Total Fields
7 (Default MT4/MT5)
Charting - Indicators / Studies (Total)
49 (Default MT4/MT5)
Charting - Drawing Tools (Total)
16 (Default MT4/MT5)
Charting - Trade From Chart
Yes Yes
Charting - Drawings Autosave
Yes Yes
Order Type - Trailing Stop
Yes Yes
Platform & Tools 4 3.5
Winner check_circle

Mobile Trading

Feature Swissquote XM Group
Android App
Yes Yes
Apple iOS App
Yes Yes
Trading - Forex
Yes Yes
Trading - CFDs
Yes Yes
Alerts - Basic Fields
No Yes
Watch List
No Yes
Watch List Syncing
No Yes
Charting - Indicators / Studies
30 (Default MT4/MT5)
Charting - Draw Trend Lines
No Yes
Charting - Trend Lines Moveable
No No
Charting - Multiple Time Frames
Yes Yes
Charting - Drawings Autosave
No No
Forex Calendar
No No
Mobile Trading 4 3.5
Winner check_circle

Research

Feature Swissquote XM Group
Daily Market Commentary
Yes Yes
Forex News (Top-Tier Sources)
Yes Yes
Weekly Webinars
Yes Yes
AutoChartist
Yes Yes
Trading Central (Recognia)
Yes No
Delkos Research
No No
Social Sentiment - Currency Pairs
No Yes
Economic Calendar
Yes Yes
Research 4 4
Winner check_circle

Education

Feature Swissquote XM Group
Has Education - Forex
Yes No
Has Education - CFDs
No No
Client Webinars
Yes Yes
Client Webinars (Archived)
Yes No
Videos - Beginner Trading Videos
Yes Yes
Videos - Advanced Trading Videos
No Yes
Investor Dictionary (Glossary)
Yes No
Education 4 4
Winner check_circle

Major Forex Pairs

Feature Swissquote XM Group
GBP/USD
Yes Yes
USD/JPY
Yes Yes
EUR/USD
Yes Yes
USD/CHF
Yes Yes
USD/CAD
Yes Yes
NZD/USD
Yes Yes
AUD/USD
Yes Yes

Overall

Feature Swissquote XM Group
Swissquote Review XM Group Review
Overall 4 4
Winner check_circle

Comparing forex brokers side by side is no easy task. For our 2020 annual forex broker review, we spent hundreds of hours assessing 30 forex and CFD brokerages to find the best forex broker. Let's compare Swissquote vs XM Group.

Does Swissquote or XM Group offer lower pricing?
Comparing the trading costs of forex and CFDs is not easy. Not every broker publishes average spreads data, and pricing structures vary. Based on our thorough annual assessment, Swissquote offers better pricing overall for traders.

Is Swissquote or XM Group safer for forex and CFDs trading?
At ForexBrokers.com, we track where each forex and CFD broker is regulated across over 20 international regulator databases. Here's our findings. Swissquote holds 4 global Tier-1 licenses, while XM Group holds 1. Both Swissquote and XM Group hold 1 global Tier-2 licenses. All regulators considered, Swissquote has a Trust Score of 99.00, while XM Group's Trust Score is 80.00.

Which trading platform is better: Swissquote or XM Group?
To compare the trading platforms of both Swissquote and XM Group, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, Swissquote offers a better experience. With research, Swissquote offers superior market research. Finally, we found Swissquote to provide better mobile trading apps.

What about MetaTrader and copy trading?
For forex and CFDs traders, copy trading and MetaTrader are both popular platform options. Swissquote and XM Group both offer copy trading. Both Swissquote and XM Group offer MetaTrader 4 (MT4).

How many forex pairs and CFDs are available to trade?
Swissquote provides traders 78 currency pairs (e.g., EUR/USD) compared to XM Group's 57 available pairs. Forex pairs aside, Swissquote offers traders access to 52 CFDs while XM Group has Over 1000 available CFDs, a difference of 52.

Overall, between Swissquote and XM Group, Swissquote is the better forex broker.

Swissquote Review
XM Group Review

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Trading CFDs, FX, and cryptocurrencies involve a high degree of risk. All providers have a percentage of retail investor accounts that lose money when trading CFDs with their company. You should consider whether you can afford to take the high risk of losing your money and whether you understand how CFDs, FX, and cryptocurrencies work. All data was obtained from a published web site as of 01/20/2020 and is believed to be accurate, but is not guaranteed. The ForexBrokers.com staff is constantly working with its online broker representatives to obtain the latest data. If you believe any data listed above is inaccurate, please contact us using the link at the bottom of this page.

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