Senderos has failed to make the expected impact at Villa Park since moving to the club in June 2014.
An Aston Villa statement read: “Aston Villa and Philippe Senderos have mutually agreed to terminate the defender’s contract.
“Senderos arrived in June 2014 and made nine appearances in claret and blue.
“The club wishes Philippe all the best in his future career.”
— Aston Villa FC (@AVFCOfficial) January 27, 2016