EQWIRE vs Xace: what each publishes
As of October 26, 2026, EQWIRE takes these industries by its own published rules: AI and SaaS; Forex and CFD, with conditions; Marketplace, 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
EQWIRE
- Austria
- Belgium
- Bulgaria
- Croatia
- Cyprus
- Czechia
- Denmark
- Estonia
- Finland
- France
- Germany
- Greece
- Hungary
- Iceland
- Ireland
- Italy
- Latvia
- Liechtenstein
- Lithuania
- Luxembourg
- Malta
- Netherlands
- Norway
- Poland
- Portugal
- Romania
- Slovakia
- Slovenia
- Spain
- Sweden
- United Kingdom
Its own list of countries, quoted below with its source and date
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 | EQWIRE | Xace |
|---|---|---|
| AI and SaaS | Yes | Yes |
| iGaming | No | With conditions |
| Forex and CFD | With conditions | No published rule |
| Marketplace | With conditions | No published rule |
| Crypto | No | No published rule |
| Adult | No | No published rule |
| Unlicensed financial services | No | No published rule |
Where owners must live
EQWIRE
No published rule
Xace
No published rule
Rules about countries
EQWIRE
EQWIRE does not accept as a customer from the following category of Unacceptable Customers and Unacceptable Businesses: … Private individuals and entities domiciled outside the UK or outside the EEA;
All countries named (31)
Austria, Belgium, Bulgaria, Croatia, Cyprus, Czechia, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, United Kingdom
EQWIRE is focused on attracting and servicing customers in the UK and the EEA for the foreseeable future, which reduces the risk. EQWIRE has no association with or processes transactions to the following sanctioned countries:
Afghanistan, Belarus, Bosnia & Herzegovina, Burundi, Central African Republic, Côte d’Ivoire, Cuba, DR Congo, Guinea, Guinea-Bissau, Haiti, Iran, Iraq, Lebanon, Libya, Mali, Myanmar, Nicaragua, North Korea, Palestinian Territories, Russia, Somalia, South Sudan, Sudan, Syria, Venezuela, Yemen, Zimbabwe
Xace
No published rule
Fees
EQWIRE
| Plan | Account opening | Monthly | Checked |
|---|---|---|---|
| Corporate, standard risk | Free ('Free standard onboarding and account maintenance, subject to approval.') | GBP 0 | · Source |
| Corporate, medium risk | Not published for this tier | GBP 100 | · Source |
| Corporate, high risk | GBP 1,700 to onboard, in two parts: GBP 850 compliance and onboarding review before the decision ('Payable before the approval decision. Non-refundable if the application is declined or withdrawn.') and GBP 850 activation after approval | GBP 750 | · Source |
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
EQWIRE
21.2. Termination by us on notice. We may close the Account by giving you at least two months’ notice, unless we are entitled to close immediately under clause 21.3.
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 | EQWIRE | Xace |
|---|---|---|
| Licensee | EQWIRE UK Limited · electronic money institution authorised by the FCA (FRN 901100) | 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 · |