Swissquote vs XTB: licences compared

Side-by-side view of each broker's licences, regulator tiers and key facts. Remember that protection depends on which entity holds your account.

AttributeSwissquoteXTB
Licence Score92Very strong75Strong
Strongest licence 1 Tier 1 1 Tier 1
Licences on record76
1 FCA United Kingdom LicensedLicensed
1 MAS Singapore Licensed—
1 FINMA Switzerland Licensed—
1 SFC Hong Kong Licensed—
2 CySEC Cyprus —Licensed
2 FSCA South Africa —Licensed
2 DFSA United Arab Emirates LicensedLicensed
2 MFSA Malta Licensed—
2 KNF Poland —Licensed
2 CSSF Luxembourg Licensed—
4 FSC (Belize) Belize —Licensed
Founded19962002
HeadquartersSwitzerlandPoland
TypeTrading bankMulti-asset broker
Publicly listedSIX:SQNWSE:XTB
PlatformsMT4, MT5, ProprietaryProprietary
Minimum depositUS$1,000No minimum
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Frequently asked questions

Is Swissquote or XTB better regulated?

Swissquote has the higher Licence Score (92 vs 75), based on the number and tier of licences, operating history and public listing.

Which regulators license both Swissquote and XTB?

Both are matched to licences from FCA and DFSA.

Risk warning: CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail investor accounts lose money when trading CFDs. Consider whether you understand how they work and whether you can afford to take the high risk of losing your money. Read more.