Equals Money vs Xace: what each publishes
As of October 26, 2026, Equals Money takes these industries by its own published rules: Forex and CFD; iGaming, with conditions. Xace: AI and SaaS; iGaming, with conditions.
Not a ranking: the two names are in alphabetical order. The free check applies every provider’s rules to your own answers.
Where it takes companies from
Equals Money
- United Kingdom
- EU / EEA (western & northern, plus Spain, Italy, Portugal)
- EU / EEA (Baltics, central & eastern, plus Croatia, Greece, Cyprus, Malta)
The regions its own documents name, read on October 9, 2026
Xace
- United Kingdom
- EU / EEA (western & northern, plus Spain, Italy, Portugal)
- EU / EEA (Baltics, central & eastern, plus Croatia, Greece, Cyprus, Malta)
- Switzerland / Liechtenstein
The regions its own documents name, read on October 21, 2026
Policy by industry
| Industry | Equals Money | Xace |
|---|---|---|
| AI and SaaS | No published rule | Yes |
| Forex and CFD | Yes | No published rule |
| iGaming | With conditions | With conditions |
| Crypto | Depends on the activity | No published rule |
| Adult | No published rule | No published rule |
| Unlicensed financial services | No published rule | No published rule |
| Marketplace | No published rule | No published rule |
Where owners must live
Equals Money
No published rule
Xace
No published rule
Rules about countries
Equals Money
No published rule
Xace
No published rule
Fees
Equals Money
No fee we could verify
Xace
| Plan | Account opening | Monthly | Checked |
|---|---|---|---|
| Gaming Payment Account | Price on application ('£POA joining fee') | GBP 250 a month per account | · Source |
| Business Payment Account | Price on application ('£POA joining fee') | GBP 250 a month per account | · Source |
Closing an account
Equals Money
29.1 We may terminate the Services provided under these Terms at any time by giving you one (1) month's notice.
Xace
11.2 We may close a Payment Account by notifying You by e-mail or through the Portal on at least three months' notice or immediately if We suspect that there has been a breach of these Terms and Conditions.
Licence
| Licensee | Equals Money | Xace |
|---|---|---|
| Licensee | Equals Money International Ltd · EMI authorised by the FCA (FRN 900493) · Equals Money PLC · payment institution (FRN 488396) | Xace Limited · authorised payment institution, FCA (FRN 948213), and EMD agent of Modulr FS Limited (agent reference 902828) · accounts and cards provided by Modulr FS Limited · electronic money institution authorised by the FCA (FRN 900573), or by Modulr Finance B.V. · electronic money institution authorised by De Nederlandsche Bank (R182870) · Xace Malta Ltd · payment institution licensed by the Malta Financial Services Authority (C 102626) |
| Regulator | FCA · | FCA / DNB / MFSA · |