Written by ForexBrokers.com
In this head to head comparison of Swissquote vs Xtrade, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
When it comes to choosing an online broker, understanding the regulatory landscape can be crucial. Swissquote, established in 1996, is a notable choice as it holds a Trust Score of 99 out of 99, indicating a highly trusted status according to ForexBrokers.com. This Swiss broker is not only publicly traded but is also a bank, giving it a solid foundation in financial markets. Swissquote boasts 5 Tier-1 licenses, highlighting its dependable and well-regulated nature. Additionally, it holds 2 Tier-2 licenses, further establishing its credibility as a trusted broker.
Founded in 2003, Xtrade offers a different set of features. While it is not publicly traded nor a bank, Xtrade maintains a Trust Score of 74, classified as an average risk option. With 1 Tier-1 and 1 Tier-2 license, Xtrade provides a baseline level of trust, though it does not reach the same regulatory stature as Swissquote. For investors prioritizing regulation and trust, these factors may be crucial when deciding between these two online brokers.
| Feature |
Swissquote
|
Xtrade
|
|---|---|---|
| Year Founded | 1996 | 2003 |
| Publicly Traded (Listed) | Yes | No |
| Bank | Yes | No |
| Tier-1 Licenses | 5 | 1 |
| Tier-2 Licenses | 2 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 0 | 1 |
When you compare Swissquote and Xtrade on pricing, Swissquote comes out ahead, though it still isn’t among the cheapest forex brokers. Swissquote earns 3.5 out of 5 stars for commissions and fees and is ranked #54 out of 63 in this category, while Xtrade earns 2.5 out of 5 stars and is ranked #64 out of 63. In short: Swissquote generally offers clearer and more competitive pricing than Xtrade, but bargain hunters can still find lower-cost alternatives elsewhere.
Swissquote’s costs vary by region. In the U.K., there are four accounts; active traders who can deposit at least $10,000 may find the Elite account most appealing thanks to tighter spreads plus a $5 round-turn commission. The Standard account starts at 1.3 pips on EUR/USD, and the Prime account advertises minimum spreads from 0.6 pips (note: minimums, not averages). In Luxembourg, minimum spreads span roughly 1.5 pips (Standard, $1,000 minimum) down to 0.8 pips (Prime, $50,000 minimum). In Switzerland, forex pricing is higher: Standard starts at 1.7 pips, Premium at 1.4 pips ($10,000 minimum), and Prime at 1.1 pips ($50,000 minimum), with custom pricing available for high-volume traders.
Xtrade provides limited transparency on pricing—average spread data isn’t available—which makes it hard to gauge day-to-day trading costs. Reflecting that lack of clarity, Xtrade’s commissions-and-fees score is 2.5/5 with a ranking of #64 out of 63 brokers, compared with Swissquote’s 3.5/5 and #54/63.
| Feature |
Swissquote
|
Xtrade
|
|---|---|---|
| Minimum Deposit | $1000 | $250 |
| Average Spread EUR/USD - Standard | N/A | N/A |
| All-in Cost EUR/USD - Active | N/A | N/A |
| Active Trader or VIP Discounts | Yes | No |
| ACH or SEPA Transfers | Yes | No |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Swissquote vs Xtrade: both brokers support forex trading, available as CFDs or spot. Xtrade lists slightly more total tradeable symbols (482 vs Swissquote’s 472), but Swissquote offers a wider choice of forex pairs (80 vs 56). Swissquote also lets you buy real exchange-traded securities on both U.S. and international exchanges, while Xtrade does not offer real shares. For social features, Swissquote supports copy trading; Xtrade does not. In crypto, Swissquote offers both delivered cryptocurrencies and crypto derivatives, whereas Xtrade offers only crypto derivatives.
For range of investments, Swissquote earns 5 stars and ranks #2 out of 63 brokers on ForexBrokers.com, while Xtrade scores 3.5 stars and ranks #50. If you want access to more forex pairs, real stocks, and both types of crypto investing, Swissquote is the stronger pick. If you mainly trade CFDs and value a large overall symbol list, Xtrade may suffice.
| Feature |
Swissquote
|
Xtrade
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 472 | 482 |
| Forex Pairs (Total) | 80 | 56 |
| U.S. Stock Trading (Non CFD) | Yes | No |
| Int'l Stock Trading (Non CFD) | Yes | No |
| Social Trading / Copy Trading | Yes | No |
| Cryptocurrency (Physical) | Yes | No |
| Cryptocurrency (Derivative) | Yes | Yes |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
Dive deeper: Best Copy Trading Platforms.
Comparing online brokers Swissquote and Xtrade on trading platforms and tools: both offer free demo (paper) accounts, in-house platforms, web-based trading, and the ability to place trades directly from charts. Swissquote adds a Windows desktop platform, while Xtrade does not. Swissquote supports MetaTrader 4 and MetaTrader 5; Xtrade does not support either. Neither broker supports DupliTrade or ZuluTrade. The number of built-in technical indicators isn’t specified for either broker, but Swissquote lists 75 drawing tools versus 100 at Xtrade. For watch lists, Swissquote offers 11 columns, compared with 9 at Xtrade.
For overall quality of trading platforms and tools, Swissquote earns 4.5 out of 5 stars and ranks #12 of 63 brokers on ForexBrokers.com, while Xtrade scores 3.5 stars and ranks #59. If you want Windows desktop access, MetaTrader compatibility, and copy trading, Swissquote is the more feature-rich choice. If you prefer a browser platform with many drawing tools and a straightforward setup, Xtrade may suit your needs.
| Feature |
Swissquote
|
Xtrade
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | No |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | No |
| MetaTrader 4 (MT4) | Yes | No |
| MetaTrader 5 (MT5) | Yes | No |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 86 | N/A |
| Charting - Drawing Tools (Total) | 75 | 100 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 11 | 9 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both Swissquote and Xtrade offer mobile trading apps for iPhone and Android. According to ForexBrokers.com, Swissquote earns 4.5 out of 5 stars and ranks #12 out of 63 brokers for Mobile Trading Apps, while Xtrade scores 4 stars and ranks #54. Neither app syncs watchlist symbols between the mobile app and the online account, so changes made in one place won’t appear in the other.
Swissquote includes more trading tools for stocks and forex: 30 technical studies, the ability to draw trendlines, switch among multiple time frames (intraday, daily, weekly), and auto-saved chart drawings. It also supports price alerts and lets you build watchlists with real-time quotes. Xtrade’s app does not offer price alerts, trendlines, multiple time frames, auto-saving of drawings, or real-time watchlist quotes, and it does not list a count of technical studies. If you want deeper charting and alerts on the go, Swissquote is the stronger choice; if you prefer a simpler setup, Xtrade may suffice.
| Feature |
Swissquote
|
Xtrade
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | No |
| Watchlist Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | N/A |
| Mobile Charting - Draw Trendlines | Yes | No |
| Mobile Charting - Multiple Time Frames | Yes | No |
| Mobile Charting - Drawings Autosave | Yes | No |
| Mobile Watchlist | Yes | No |
Dive deeper: Best Forex Trading Apps.
Swissquote and Xtrade both deliver daily market commentary and stream forex news from top-tier sources like Bloomberg, Reuters, or Dow Jones. Each broker also includes an economic calendar to track key events. Where they differ is in extra tools: Swissquote adds Autochartist for pattern and signal ideas, while Xtrade does not. Neither broker offers Trading Central, sentiment indicators showing long/short ratios, TipRanks research, or Acuity Trading tools.
These choices show up in the scores: Swissquote earns 4 stars for Research and ranks 16th out of 63 brokers at ForexBrokers.com, while Xtrade holds 3.5 stars and ranks 53rd. If you want built-in chart and pattern scanning via Autochartist, Swissquote is the stronger fit. If you mainly need daily commentary, quality news, and a calendar, both Swissquote and Xtrade cover the basics.
| Feature |
Swissquote
|
Xtrade
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | Yes | No |
| Trading Central (Recognia) | No | No |
| Social Sentiment - Currency Pairs | No | No |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
Swissquote and Xtrade both offer at least 10 forex and CFD education pieces, giving beginners a clear starting point. Swissquote goes further with monthly client webinars and a searchable archive of recorded sessions, so you can learn live or on your own time. It also provides at least 10 beginner videos plus a full set of advanced videos for when you’re ready to progress. Xtrade does not meet those video counts and does not host ongoing webinars or keep an archive. Both brokers include an investor dictionary with 50-plus terms to help decode trading jargon.
For education quality, Swissquote earns 4 stars and ranks #20 out of 63 brokers at ForexBrokers.com, while Xtrade scores 3.5 stars and ranks #46. If you want live classes, recorded webinars, and a larger video library to grow from beginner to advanced, Swissquote is the stronger pick. If you mainly need basic reading material and a glossary, Xtrade can cover the essentials.
| Feature |
Swissquote
|
Xtrade
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | Yes | No |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | Yes | No |
| Investor Dictionary (Glossary) | Yes | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that Swissquote is better than Xtrade. Swissquote finished with an overall rank of #11, while Xtrade finished with an overall rank of #60.
Traders choose Swissquote for its quality research and vast multi-asset offering – as long as they are willing to pay a premium to have their brokerage account held with a Swiss bank.
| Feature |
Swissquote
|
Xtrade
|
|---|---|---|
| Overall Rating |
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| Trust Score | 99 | 74 |
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While both Swissquote and Xtrade provide options for trading cryptocurrency derivatives, Swissquote uniquely enables investors to purchase actual cryptocurrencies directly, distinguishing it from Xtrade, which does not offer this feature.
In comparing online brokers Swissquote and Xtrade, both offer Skrill, Visa, Mastercard, and bank wire options for depositing and withdrawing account funds, but Swissquote additionally supports ACH, SEPA, and PayPal transfers, whereas Xtrade does not provide these options.
Please note:
We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.
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0 of 5| Overall Rating | Swissquote | Xtrade | |
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| Trust Score | 99 | 74 | |
| Winner | check_circle | ||
| Review | Swissquote Review | Xtrade Review |
| Broker Screenshots | Swissquote | Xtrade | |
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| Regulation | Swissquote | Xtrade | |
|---|---|---|---|
| Trust Score | 99 | 74 | |
| Year Founded | 1996 | 2003 | |
| Publicly Traded (Listed) | Yes | No | |
| Bank | Yes | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 5 | 1 | |
| Tier-2 Licenses | 2 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 0 | 1 |
| Tier-1 Licenses (Highly Trusted) | Swissquote | Xtrade | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | Yes | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | Yes | No | |
| Switzerland (FINMA Authorised) | Yes | ||
| United Kingdom (U.K.) (FCA Authorised) | Yes | No | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes |
| Tier-2 Licenses (Trusted) | Swissquote | Xtrade | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | Yes | |
| UAE (DFSA, FSRA, or SCA Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | Swissquote | Xtrade | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 472 | 482 | |
| Forex Pairs (Total) | 80 | 56 | |
| U.S. Stock Trading (Non CFD) | Yes | No | |
| Int'l Stock Trading (Non CFD) | Yes | No | |
| Social Trading / Copy Trading | Yes | No | |
| Cryptocurrency (Physical) | Yes | No | |
| Cryptocurrency (Derivative) | Yes | Yes | |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
| Cost | Swissquote | Xtrade | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | N/A | N/A | |
| All-in Cost EUR/USD - Active | N/A | N/A | |
| Active Trader or VIP Discounts | Yes | No | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | Yes | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | Swissquote | Xtrade | |
|---|---|---|---|
| Minimum Deposit | $1000 | $250 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | Yes | No |
| Trading Platforms | Swissquote | Xtrade | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | No | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | No | |
| MetaTrader 4 (MT4) | Yes | No | |
| MetaTrader 5 (MT5) | Yes | No | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | Swissquote | Xtrade | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | No | |
| Watchlists - Total Fields | 11 | 9 | |
| Charting - Indicators / Studies (Total) | 86 | N/A | |
| Charting - Drawing Tools (Total) | 75 | 100 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | No |
| Mobile Trading | Swissquote | Xtrade | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | No | |
| Mobile Watchlist | Yes | No | |
| Watchlist Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 30 | N/A | |
| Mobile Charting - Draw Trendlines | Yes | No | |
| Mobile Charting - Multiple Time Frames | Yes | No | |
| Mobile Charting - Drawings Autosave | Yes | No | |
| Mobile Economic Calendar | Yes | No |
| Research | Swissquote | Xtrade | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | Yes | No | |
| Trading Central (Recognia) | No | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | No | No | |
| Economic Calendar | Yes | Yes |
| Education | Swissquote | Xtrade | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | Swissquote | Xtrade | |
|---|---|---|---|
| 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 | |
| Review | Swissquote Review | Xtrade Review |
| Overall | Swissquote | Xtrade | |
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| Trust Score | 99 | 74 | |
| Winner | check_circle | ||
| Review | Swissquote Review | Xtrade Review |
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