Swissquote vs XM
Side-by-side broker intelligence across regulation, spreads, fees, platforms, and overall model score. Category winners use transparent heuristics and should be treated as editorial guidance, not investment advice.
4.5
4.5
6 pts
Head to head
Winners by category
Full comparison table
Rating
Swissquote
4.5
XM
4.5
Model score
Swissquote
80
XM
86
Regulation
Swissquote
Supervised under stringent Tier-1 banking regulations. Key regulators include the Swiss Financial Market Supervisory Authority (FINMA), Financial Conduct Authority (FCA, UK), Dubai Financial Services Authority (DFSA), Monetary Authority of Singapore (MAS), and Securities and Futures Commission (SFC, Hong Kong).
XM
ASIC (Australia), CySEC (Cyprus), DFSA (Dubai), FSC (Belize)
Spreads
Swissquote
Provides reliable, bank-grade liquidity aggregation without dealing-desk intervention. Pricing is structured around fixed or floating spread models depending on the account tier, with rapid execution and high fill rates.
XM
Spreads start from 0.6 pips on XM Ultra Low accounts. 99.35% of orders executed in under 1 second with no requotes or order rejections.
Fees
Swissquote
Spreads and commissions are tiered by deposit size (Premium, Prime, and Elite). Premium accounts trade on spread markups starting at 1.4 pips for EUR/USD, while Prime accounts (from $5,000) drop to 1.1 pips. Custody and maintenance fees apply for certain physical equity and banking holdings.
XM
XM Ultra Low Account: Spread-only pricing from 0.6 pips with zero commissions. Standard & Micro Accounts: Spreads start from 1.0 pips with no commission. Shares Account: Commission-based equity trading.
Platforms
Swissquote
Proprietary Advanced Trader (desktop, web, and mobile), MetaTrader 4 (MT4), MetaTrader 5 (MT5), and FIX API integration for quantitative funds and high-frequency trading.
XM
MetaTrader 4 (MT4), MetaTrader 5 (MT5), XM App
Account types
Swissquote
Retail forex accounts include Premium (min. $1,000), Prime (min. $5,000), and Elite (min. $50,000). Also offers multi-asset Swiss banking accounts, corporate accounts, and institutional partner structures.
XM
Micro, Standard, XM Ultra Low, Shares Account, Swap-Free (Islamic), Demo
Min deposit
Swissquote
$1,000 (or CHF 1,000 / €1,000) for the entry-level Premium forex account.
XM
$5
| Topic | Swissquote | XM |
|---|---|---|
| Rating | 4.5 | 4.5 |
| Model score | 80 | 86 |
| Regulation | Supervised under stringent Tier-1 banking regulations. Key regulators include the Swiss Financial Market Supervisory Authority (FINMA), Financial Conduct Authority (FCA, UK), Dubai Financial Services Authority (DFSA), Monetary Authority of Singapore (MAS), and Securities and Futures Commission (SFC, Hong Kong). | ASIC (Australia), CySEC (Cyprus), DFSA (Dubai), FSC (Belize) |
| Spreads | Provides reliable, bank-grade liquidity aggregation without dealing-desk intervention. Pricing is structured around fixed or floating spread models depending on the account tier, with rapid execution and high fill rates. | Spreads start from 0.6 pips on XM Ultra Low accounts. 99.35% of orders executed in under 1 second with no requotes or order rejections. |
| Fees | Spreads and commissions are tiered by deposit size (Premium, Prime, and Elite). Premium accounts trade on spread markups starting at 1.4 pips for EUR/USD, while Prime accounts (from $5,000) drop to 1.1 pips. Custody and maintenance fees apply for certain physical equity and banking holdings. | XM Ultra Low Account: Spread-only pricing from 0.6 pips with zero commissions. Standard & Micro Accounts: Spreads start from 1.0 pips with no commission. Shares Account: Commission-based equity trading. |
| Platforms | Proprietary Advanced Trader (desktop, web, and mobile), MetaTrader 4 (MT4), MetaTrader 5 (MT5), and FIX API integration for quantitative funds and high-frequency trading. | MetaTrader 4 (MT4), MetaTrader 5 (MT5), XM App |
| Account types | Retail forex accounts include Premium (min. $1,000), Prime (min. $5,000), and Elite (min. $50,000). Also offers multi-asset Swiss banking accounts, corporate accounts, and institutional partner structures. | Micro, Standard, XM Ultra Low, Shares Account, Swap-Free (Islamic), Demo |
| Min deposit | $1,000 (or CHF 1,000 / €1,000) for the entry-level Premium forex account. | $5 |