Updated September 28, 2026 · VaultCue Editorial Team
Qonto Portugal Business Account vs XTB
Qonto Portugal Business Account
XTB
Higher score in this comparison
Where Qonto Portugal Business Account and XTB differ
| Compare | Qonto Portugal Business AccountReviewVisitVisit | XTBReviewVisitVisit |
|---|---|---|
| Monthly fee | €9 | £0 |
| Deposit protection | EU DGS up to EUR 100,000 | FSCS up to GBP 85,000 |
| Currency conversion fee | 0.8% to 1.8% | 0.5%Lower |
| Transfer fee | 30 SEPA transfers/month included, then EUR 0.20 per extra transaction (Basic plan) | Deposits free of XTB fee; withdrawals free above 100 EUR/USD, 10 EUR (or 10 USD) below |
| Licence type | Payment institution | Not confirmed |
| Currencies | from 30 | Not confirmed |
| Local account details | IBAN | Not confirmed |
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 8.7.
- Founded is lower at XTB: 2004 vs 2017.
- XTB is licensed in 6 more countries.
- XTB is available in 1 more country.
- Currency conversion fee is lower at XTB: 0.5% vs 0.8% to 1.8%.
Our verdict on each
Qonto Portugal Business Account
Qonto Portugal Business Account suits small businesses and freelancers who want a euro account with reach into many currencies and EU deposit protection. The trade-off is the €9 monthly fee, against €0 at XTB and €0 at AXI Card every month.
XTB
XTB suits savers who want their cash reachable at any moment, and traders who park money between deals. A 4% easy-access rate on uninvested funds, with support by email, chat and phone, makes it a practical holding pot for active investors rather than a rate chaser.
Score breakdown
| Area | Qonto Portugal Business Account | XTB |
|---|---|---|
| Cost | 8.5It charges a monthly fee of €9 where €0 is the norm on the site, offset by conversion fees of 0.8% to 1.8%. | 9.3HigherA monthly fee of £0 and a minimum deposit of £0 match the savings medians, and the 0.5% conversion fee matches the category median. |
| Offer | 9.5 | 9.6HigherThe 4% rate beats the savings median of 3.08% but ranks 142 of 473, and it is variable. |
| Trust | 8.3 | 9.1Higher |
Spending 1,000 abroad
Qonto Portugal Business Account
8 to 18
0.8% to 1.8% of 1,000
XTB
5
0.5% of 1,000
XTB comes out 3 lower in this example.
Worked out from the stated prices and rates; your own total depends on how you use it. Facts checked September 26, 2026.
Where each is licensed and available
| Country | Qonto Portugal Business Account | XTB |
|---|---|---|
| Belize | Not confirmed | |
| Cyprus | Not confirmed | Cyprus Securities and Exchange Commission (CySEC) MiCA CASP 259400HM2TR4U3LF5D43 |
| France | FR_ACPR PSD_PI FR_ACPR!68677 | Not confirmed |
| Poland | Not confirmed | |
| South Africa | Not confirmed | |
| Spain | Not confirmed | |
| United Arab Emirates | Not confirmed | |
| United Kingdom | Not confirmed | Financial Conduct Authority (FCA) FRN 522157 |
Available in 2 countries for both. Additional countries for Qonto Portugal Business Account: 6. Additional countries for XTB: 7.
Also worth a look
eToro has currency conversion fee at 0%, against 0.8% to 1.8% for Qonto Portugal Business Account and 0.5% for XTB.
eToro reviewEvery fact side by side
| Fact | Qonto Portugal Business Account | XTB |
|---|---|---|
| Audience | Business, Freelancer | Not confirmed |
| Pricing model | Not confirmed | No monthly fee |
| Features | Digital only | Not confirmed |
| Legal entity | QONTO | XTB Limited |
| Headquarters | France | Cyprus |
| Founded | 2017 | 2004Lower |
| Support channels | Chat, Phone, Email, Help centre | Email, Chat, Phone, Help centre |
Where each stands against the rest
| Fact | Qonto Portugal Business Account | XTB | Median |
|---|---|---|---|
| Currency conversion fee | 0.8% to 1.8%above the median | 0.5%at the median | 0.5 |
| Currencies | from 30highest quarter | Not confirmed | 5 |
Median across 536 listed accounts.
Pros and cons
Qonto Portugal Business Account
Pros
- The account covers from 30 currencies, well above the 5 seen across the site.
- Deposits sit under EU DGS up to EUR 100,000, so the working balance stays inside the EU guarantee.
- Support runs on chat, phone and email, including a phone line for urgent payment problems.
Cons
- The €9 monthly fee is the cost rivals skip, with XTB at €0 and AXI Card at €0.
- Currency conversion costs of 0.8% to 1.8% apply to any payment made outside the euro zone.
- The account is digital only, so there is no branch counter and no paper trail outside the app.
XTB
Pros
- The easy access account pays 4% on uninvested funds, with interest calculated daily and paid monthly, and any amount withdrawn straight to a bank account.
- Running costs sit at the floor: a monthly fee of £0 and a minimum deposit of £0 on the easy access account.
- The 4% rate is above the savings median of 3.08% and higher than PayPal Colombia's 3.3%.
Cons
- On the headline rate the account ranks 142 of 473 brands, well behind AXI Card Tarjeta y Credito at 21.59% and Plazo ES at 24.19%.
- The rate is variable, so what a balance earns can shift over the months it sits there.
- Withdrawals below a set threshold carry a flat XTB fee, which matters for anyone moving money out in small bites.
Who each suits
Qonto Portugal Business Account
Who it suits
- Businesses and freelancers, the audiences the account is built for, billing in euros.
- Companies with customers in several markets, since the account covers from 30 currencies.
- Finance teams that want deposit cover in the same account they pay suppliers from, under EU DGS up to EUR 100,000.
Who should look elsewhere
- XTB, when the monthly fee decides it: XTB lists €0 and this account charges €9.
- AXI Card, for the same reason, with a monthly fee of €0 against €9 here.
- Skrill, if a wallet balance fits the money flow better than a business account carrying €9 a month and 0.8% to 1.8% on conversion.
XTB
Who it suits
- Traders and investors who leave cash uninvested inside a brokerage wallet, since interest is calculated daily, paid monthly and any amount can be moved to a bank account.
- Savers who put access and running cost ahead of the top rate, given that the 4% rate ranks 142 of 473 while the £0 minimum deposit ranks 1 of 370.
- UK residents who want regulated oversight alongside a cash balance, holding both the FRN 522157 and MiCA CASP 259400HM2TR4U3LF5D43 registrations in view.
Who should look elsewhere
- Savings hunters sorting purely on the headline number: Plazo ES shows 24.19% and AXI Card Tarjeta y Credito 21.59%, both well ahead of the 4% here.
- Anyone who wants a return locked for a set term, because the rate here is variable and moves with the market.
Current offers
Qonto Portugal Business Account
Current offer
Free trial
1-month free trial: 1 month free
Offered on the self-employed Basic, Smart and Premium plans; prices shown are monthly equivalents on an annual plan
Source, checked September 26, 2026
Bonus
Account remuneration: boosted rate for 2 months: 5% AER for 2 months, then 1.5% AER
Smart and Premium plans; requires at least 5 eligible transactions per month; balance cap EUR 50,000 (Smart) or EUR 100,000 (Premium)
Source, checked September 26, 2026
XTB
Current offer
Free trial
Free training account: Free
Test your investing strategies and experience the market without risking your own capital
Source, checked September 26, 2026
Country by country
| Country | Qonto Portugal Business Account | XTB |
|---|---|---|
| Austria | Yes | No |
| Belgium | Yes | No |
| Belize | No | Yes |
| Chile | No | Yes |
| Cyprus | No | Yes |
| France | Yes | No |
| Italy | Yes | No |
| Netherlands | Yes | No |
8 of 15 countries where either is available.
Questions about each
Qonto Portugal Business Account
What does the account cost each month?+
The account carries a monthly fee of €9 on the Basic plan. Payment activity adds to it: transfers beyond the included bundle each carry a flat charge. Budget for the fee as the baseline cost of keeping the account open.
What do extra SEPA transfers cost?+
On the Basic plan a bundle of SEPA transfers is included each month, and every transfer after that is charged at a flat rate per transaction. The monthly fee of €9 does not cover extra payment volume, so busy months cost more than the headline price.
XTB
What does it cost to keep uninvested cash at XTB?+
The monthly fee on the easy access account is £0, and the account runs on a no monthly fee model, so there is no standing charge for holding funds. Deposits are free of XTB fees. Currency conversion runs at 0.5%, matching the savings median of 0.5%.
Is my money protected if the firm fails?+
Deposit protection is listed as FSCS up to GBP 85,000, so anything held above that figure sits outside the scheme. The firm is authorised in the UK by the Financial Conduct Authority under FRN 522157 and registered in Cyprus with the Cyprus Securities and Exchange Commission under MiCA CASP 259400HM2TR4U3LF5D43.
Other options to compare
Other matchups
- Qonto Portugal Business Account vs Airwallex
- Qonto Portugal Business Account vs Wise
- Qonto Portugal Business Account vs Paysera
- Qonto Portugal Business Account vs VaultLeap
- XTB vs PayPal Colombia
- XTB vs Bit2Me
- XTB vs Varo Visa® Debit Card
- XTB vs Amonatbonk
- Qonto Portugal Business Account vs Finom
- XTB vs Linxea
- XTB vs bunq
- XTB vs Bitpanda
- Qonto Portugal Business Account vs Skrill
- Qonto Portugal Business Account vs CitiBank AE
- Qonto Portugal Business Account vs Novo
- Qonto Portugal Business Account vs Crew
- Qonto Portugal Business Account vs Kraken
- Qonto Portugal Business Account vs Revolut AU
- Qonto Portugal Business Account vs Revolut UK