Your cookie choices

We use necessary cookies to make this site work. With your permission, analytics cookies help us understand usage and marketing cookies support advertising.

You can reject non-essential cookies and still use the site. Change your choices anytime in Cookie settings.

Cookie settingsCookie policy

Updated September 29, 2026 · SumCue Editorial Team

Qonto vs XTB

Qonto scores 8.6 and XTB 9.3 out of 10. Compare their differences and shared features below.
Qonto

Qonto

8.6/10
Visit
XTB

XTB

Higher score in this comparison

9.3/10
Visit

Qonto vs XTB: the differences

Qonto vs XTB
CompareQontoQontoReviewVisitVisitXTBXTBReviewVisitVisit
Currency conversion fee2%0.5%Lower
Annual fee€0Not confirmed
APR17.5%Not confirmed
Rewards typeNoneNot confirmed
PerksCard insurance included (travel, business purchases, fraud), Deferred debit option on Plus and X Cards at no extra cost, Account remuneration 5% AER for 2 months then 1.5% (Smart and Premium plans), Apple Pay and Google Pay compatible, 24/7 support in France, 7 days a week elsewhereNot confirmed
Card kindCreditNot confirmed
RegulatorsNot confirmedCyprus Securities and Exchange Commission (CySEC), FCA, KNF

We earn a commission when you sign up through links on this site. Partner status can affect where a brand appears in our rankings. Partners with a live offer in your country come first, then every other brand by score.

Key differences

  • XTB scores higher overall: 9.3 vs 8.6.
  • Founded is lower at XTB: 2002 vs 2017.
  • XTB is licensed in 2 more countries.
  • Currency conversion fee is lower at XTB: 0.5% vs 2%.
  • Support channels: only Qonto offers Help centre.
  • Pricing model: only Qonto offers No annual fee.
  • Pricing model: only XTB offers Commission free, Low fees.
  • Features: only Qonto offers Multi currency, Virtual card, Travel.
  • Features: only XTB offers Demo account, Mobile app, Crypto.
  • Audience: only Qonto offers Business.

Our verdict on each

Qonto

Qonto suits businesses that want a low-cost Mastercard debit card with included card insurance and account remuneration. It is less suitable for frequent cash withdrawals or overseas spending, because free ATM withdrawals are €0 and currency conversion costs 2%.

Read the full Qonto review

XTB

XTB suits beginners who want an account for shares, forex, CFDs and crypto without a monthly charge, and the cost side is thin: the account fee is €0 and the stock trade fee is €0. The catch is the inactivity fee of €10 and a currency conversion fee of 0.5%.

Read the full XTB review

Score breakdown

Qonto vs XTB
AreaQontoXTB
Cost8.4Qonto charges a monthly fee of €9, currency conversion costs 2%, and the card has an annual fee of €0.9.2HigherAccount fee of €0 and stock trade fee of €0 lead, with an inactivity fee of €10 the offset.
Offer9.4Higher9.2
Trust8.49.5Higher

Sources behind this comparison

Qonto

  • qonto.com: 11 facts, checked September 26, 2026
  • euclid.eba.europa.eu: 2 facts, checked September 26, 2026

XTB

  • xtb.com: 4 facts, checked September 26, 2026
  • esma.europa.eu: 2 facts, checked September 26, 2026
  • hello-brokers.com: 2 facts, checked September 26, 2026
  • linkedin.com: 1 fact, checked September 26, 2026

How they place

Qonto vs XTB
RankingQontoXTB
Savings11 of 14922 of 1492
Savings accounts8 of 6582 of 658
Credit and debit cards12 of 15941 of 1594

Every fact side by side

Qonto vs XTB
FactQontoXTB
Pricing modelNo annual feeCommission free, Low fees
FeaturesMulti currency, Virtual card, TravelDemo account, Mobile app, Crypto
AudienceBusinessBeginners
Legal entityQONTOXTB Limited
HeadquartersFranceCyprus
Founded20172002Lower
Support channelsChat, Phone, Email, Help centreCovers moreEmail, Chat, Phone

Savings

Qonto vs XTB
FactQontoXTB
Headline rate1.5%4%Higher
Rate typeVariableVariable
Minimum deposit€0€0
Deposit protectionEU DGS up to EUR 100,000FSCS up to GBP 85,000
Access termsInstant access to the money, no notice period; remuneration activated in the app, calculated daily on the total balance and paid on the 2nd of each month; requires at least 5 eligible payment transactions of at least 1 EUR per monthInterest on uninvested funds, calculated daily and paid monthly within five days of month end, no minimum or maximum balance, withdraw any amount to your bank account
Monthly fee€9£0
Account kindCash managementEasy access

Crypto exchanges

Qonto vs XTB
FactQontoXTB
Taker feeNot confirmed0%
Coins listedNot confirmed45
Fiat deposit methodsNot confirmedBank
Maker feeNot confirmed0%
Withdrawal feeNot confirmedFree above 100 USD/EUR
DerivativesNot confirmedYes
Exchange typeNot confirmedCex

Where each stands against the rest

Qonto vs XTB
FactQontoXTBMedian
Annual fee€0at the medianNot confirmed€0
APR17.5%above the medianNot confirmed11.635%
Currency conversion fee2%above the median0.5%below the median1%

Median across 486 listed providers.

Pros and cons

Qonto

Pros

  • The Mastercard debit card has an annual fee of €0.
  • Card insurance for travel, business purchases and fraud is included through Card insurance included (travel, business purchases, fraud), Deferred debit option on Plus and X Cards at no extra cost and Account remuneration 5% AER for 2 months then 1.5% (Smart and Premium plans).
  • Eligible Smart and Premium plans can receive account remuneration under the terms in Card insurance included (travel, business purchases, fraud), Deferred debit option on Plus and X Cards at no extra cost and Account remuneration 5% AER for 2 months then 1.5% (Smart and Premium plans).

Cons

  • Qonto charges a monthly fee of €9, while bunq lists a monthly fee of €0.
  • Free ATM withdrawals are €0, which may be costly for a business that regularly uses cash machines.
  • The currency conversion fee of 2% is above the site median of 1%.

XTB

Pros

  • The account fee is €0 and the stock trade fee is €0, which places XTB at 1 of 166 brands on the share dealing charge.
  • The minimum deposit is €0, putting XTB at 1 of 218 brands on the amount needed to start.
  • Deposit protection is FSCS up to GBP 85,000 and investor protection is EU ICS up to EUR 20,000, both stated with figures rather than vague wording.

Cons

  • The inactivity fee is €10, and at 39 of 56 brands on that measure XTB sits well outside the free group.
  • A currency conversion fee of 0.5% applies even though the stock trade fee is €0, which bites on any US share held in a euro or sterling account.
  • Retail leverage runs to 1:30 and 77% of retail accounts lose money, so free dealing does not mean free from risk.

Who each suits

Qonto

Who it suits

  • Businesses that regularly use a Mastercard debit card for travel or business purchases.
  • Smart and Premium plan customers who meet the remuneration terms in Card insurance included (travel, business purchases, fraud), Deferred debit option on Plus and X Cards at no extra cost and Account remuneration 5% AER for 2 months then 1.5% (Smart and Premium plans).
  • Users who want chat, phone, email and help-centre support through chat, phone and email.

Who should look elsewhere

  • Businesses focused on low cost that may prefer bunq, whose monthly fee is €0.
  • Frequent overseas spenders who prefer Wise and want to compare its fee with Qonto's 2%.
  • Cash-heavy businesses that want free ATM withdrawals, because Qonto offers €0.

XTB

Who it suits

  • Beginners new to investing, since the audience XTB is built for is beginners and the minimum deposit is €0.
  • UK and EU customers who want stocks, etfs and forex behind a single login and who read FSCS up to GBP 85,000 before funding.
  • People who want the same platform on desktop and phone, with xStation 5 and xStation Mobile both carrying the account.

Who should look elsewhere

  • Not bunq, which asks for a minimum deposit of €10 where XTB opens at €0.
  • Not CFI if the opening amount is your only guide, since its minimum deposit is also $0 and the real difference is markets and protection.
  • Not Fiesta Credito MX, listed under CONDUSEF for credit rather than for trading stocks, etfs and forex.

Current offers

Qonto

Current offer

  • Free trial

    1-month free trial on all Qonto plans: 1 month free

    Shown on Basic, Smart, Premium, Essential, Business and Enterprise plan cards on the pricing page.

    Source, checked September 26, 2026

  • First period offer

    Remunerated account: 5% AER for 2 months, then 1.5% AER: 5% AER for 2 months, then 1.5% AER

    Smart and Premium plans; requires at least 5 eligible transactions per month; remunerated balance cap EUR 50,000 (Smart) or EUR 100,000 (Premium).

    Source, checked September 26, 2026

Country by country

Qonto vs XTB
CountryQontoXTB
AustriaYesNo
BelgiumYesNo
FranceYesNo
GermanyYesNo
ItalyYesNo
NetherlandsYesNo
PortugalYesNo
SpainYesNo

Questions about each

Qonto

What does Qonto charge each month?+

Qonto's account fee is €9. The Mastercard debit card itself has an annual fee of €0. The card also offers a deferred debit option on Plus and X Cards at no extra cost under Card insurance included (travel, business purchases, fraud), Deferred debit option on Plus and X Cards at no extra cost and Account remuneration 5% AER for 2 months then 1.5% (Smart and Premium plans).

What does Qonto charge for currency conversion?+

Currency conversions cost 2%. This matters for business travel or purchases made outside the account's working currency. Qonto supports multi-currency features, but the conversion charge remains 2%.

XTB

What does it cost to hold an XTB account?+

The account fee is €0 and the monthly fee is £0, so there is no standing charge for keeping the account open. The recurring cost to watch is the inactivity fee of €10, which applies when an account is left unused. If you hold uninvested funds you also earn interest, calculated daily and paid monthly, with no minimum or maximum balance.

How much does it cost to buy shares on XTB?+

The stock trade fee is €0 and the account runs on a commission free and low fees model, so a share trade carries no commission. The charges that remain are the currency conversion fee of 0.5% when the trade currency and your account currency differ, and any spread built into the price. For an account holding US shares, that conversion fee is what turns a trade with a stock trade fee of €0 into a cost.

Other options to compare

Qonto

Visit

XTB

Visit