Swissquote
Xtrade
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Overview
Swissquote was founded in 1999 and is headquartered in Switzerland, while Xtrade was established in 2003 and is based in Australia. Swissquote holds licences including Financial Conduct Authority (FCA), while Xtrade is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. Swissquote serves 300,000+ clients worldwide; Xtrade has 10,000+. The minimum deposit is $0 at Swissquote and $1 at Xtrade.
| Feature | Swissquote | Xtrade |
|---|---|---|
| Min. Deposit | $0 | $1 |
| Regulation | Financial Conduct Authority (FCA) | Cyprus Securities and Exchange Commission (CySEC) |
| Founded | 1999 | 2003 |
| Country | Switzerland | Australia |
| Clients | 300,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Swissquote and Xtrade, directly affecting your bottom line as a trader. Swissquote has a lower barrier to entry with a minimum deposit of $0 (vs $1 at Xtrade). Neither broker charges withdrawal fees. Xtrade charges deposit fees; Swissquote does not. The two brokers are broadly comparable on fee structure.
| Feature | Swissquote | Xtrade |
|---|---|---|
| Min. Deposit | $0 | $1 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | Yes |
| CFD Fees | No | Yes |
Platforms
Swissquote offers MT5, cTrader, while Xtrade supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Swissquote supports social and copy trading features, which Xtrade does not offer. Xtrade edges ahead on platform breadth and functionality in our scoring.
| Feature | Swissquote | Xtrade |
|---|---|---|
| MT4 | No | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, MT5, ZuluTrade, Web Trader, Tablet & Mobile apps | Not available |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Swissquote and Xtrade compare. Swissquote has a video library; Xtrade does not. Swissquote integrates third-party research tools (Autochartist); Xtrade does not. Swissquote scores higher overall in education and research.
| Feature | Swissquote | Xtrade |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | No | No |
| Weekly Webinars | No | No |
| Daily Commentary | No | No |
| Trading Central | No | No |
| Autochartist | Yes | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Swissquote uniquely supports bank transfer and credit/debit card among the two brokers. Swissquote scores higher on deposit and withdrawal flexibility.
| Feature | Swissquote | Xtrade |
|---|---|---|
| Bank Transfer | Yes | Not available |
| Credit Card | Yes | Not available |
| PayPal | No | Not available |
| Skrill | No | Not available |
| Neteller | No | Not available |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Swissquote and Xtrade offer live chat support. Both provide phone support. Email support is available at both brokers. Swissquote offers multilingual support. Both brokers are comparable on support quality.
| Feature | Swissquote | Xtrade |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, German, French, Italian, Spanish, Arabic, Russian, and Chinese | Not available |