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IG vs XTB vs Swissquote

Choose up to four firms. We compare what matters when things go wrong: licences, compensation, legal protections, track record, then platforms and products.

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FirmIGXTBSwissquote
Protection Score 90 82 90
Licence statusEU/EEA licenceEU/EEA licenceEU/EEA licence
European licencesFCA BaFin FINMA KNF FCA CySEC FINMA FCA CSSF MFSA
Other licencesASIC MAS FSA Japan DFSA (Dubai) FMA NZ DFSA (Dubai) FSC Belize DFSA (Dubai) SFC
Compensation via EU/UK/CH entity
FCA: Up to £85,000 per person per firm for investments
BaFin: 90% of the claim, up to €20,000 per investor (investment firms)
FINMA: Securities are separated from the bank's own assets; cash is covered by deposit protection
KNF: 100% up to €3,000, 90% above, with total compensation capped at €20,100 per investor
FCA: Up to £85,000 per person per firm for investments
CySEC: 90% of the covered claim, capped at €20,000 per investor
FINMA: Securities are separated from the bank's own assets; cash is covered by deposit protection
FCA: Up to £85,000 per person per firm for investments
CSSF: Up to €20,000 per investor
MFSA: 90% of the net liability, up to €20,000 per investor
Negative balance protection (retail)Yes, by law via EU/UK entityYes, by law via EU/UK entityYes, by law via EU/UK entity
Headquarters United Kingdom Poland Switzerland
Founded197420021996
TypeForex & CFD brokersForex & CFD brokersMulti-asset brokers
Listed / bankListed group, Banking licenceListed groupListed group, Banking licence
PlatformsOwn platform, MetaTrader 4, ProRealTime, TradingViewOwn platformOwn platform, MetaTrader 4, MetaTrader 5
ProductsForex, CFDs, Spread betting, Stocks, Options, FuturesForex, CFDs, Stocks, ETFsForex, CFDs, Stocks, ETFs, Crypto, Options, Futures, Funds
FeaturesProfessional accounts, Direct market accessSavings plans, Fractional shares—
Full profileFull profileFull profile

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