Saxo Bank vs Degiro
Saxo Bank | DEGIRO |
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4
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1.8
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Traders from US not accepted
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Traders from US not accepted
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Saxo Markets is a multi-award-winning trading brokerage, investment firm and regulated bank. With a huge 72,000+ trading instruments, plus investment products and managed portfolios, clients have no shortage of opportunities. The trusted brand also offers transparent pricing and top-tier regulatory protection from 10+ agencies including FINMA, FCA & ASIC. |
DEGIRO is a Netherlands-headquartered broker with millions of users and authorization from leading regulators, including the BaFin and FCA. Clients can access global exchanges anytime, anywhere, and on any device. DEGIRO offers stock trading with exceptionally low fees and a huge range of markets. DEGIRO are not CFD brokers and do not offer CFDs. |
66% of retail accounts lose money. | Investing involves risk of loss |
Customer Reviews | |
4
Based on 1 Saxo Bank customer reviews
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Promotions | |
Limited-Time Offer at Saxo: Trade US Stocks With No Commission |
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Comment by Reviewer | |
"Saxo is best for active traders and high-volume investors with an unrivalled selection of instruments alongside premium market research and fee rebates. The 190 currency pairs with tight spreads also make Saxo great for forex traders." | "Degiro is perfect for low-cost stock trading on US, UK and European markets with a straightforward platform and app. Casual investors will appreciate that there are no inactivity fees while long-term traders will rate the wide selection of ETFs." |
Pros | |
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Cons | |
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Awards | |
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Instruments | |
Forex, CFDs, indices, shares, commodities, cryptocurrencies, futures, options, warrants, bonds, ETFs | Stocks, ETFs, Bonds, Futures, Options, Warrants |
Demo Account | |
Yes | No |
Minimum Deposit | |
$0 | |
Trading Platforms | |
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Payment Methods | |
Minimum Trade | |
Vary by asset | Variable |
Regulator | |
DFSA, MAS, FCA, SFC, FINMA, AMF, CONSOB | BaFin, FCA, AFM |
Margin Trading | |
No | Yes |
Margin Rate | |
4% | |
STP Account | |
No | No |
ECN Account | |
Yes | No |
DMA Account | |
No | Yes |
MAM Account | |
No | No |
PAMM Account | |
No | No |
LAMM Account | |
No | No |
Demat Account | |
No | No |
AI / Machine Learning | |
No | No |
Robo Advisor | |
No | No |
Negative Balance Protection | |
No | Yes |
Market Maker | |
No | No |
P2P Trading | |
No | No |
Spot Trading | |
Yes | No |
Mobile Apps | |
SaxoTraderGo (iOS, Android, Windows) | iOS, Android & Windows |
Copy Trading | |
No | No |
Social Trading | |
No | No |
Trade Signals | |
Yes | |
VPS Hosting | |
No | No |
Tournaments | |
No | No |
Demo Competitions | |
No | No |
Ethical Investing | |
No | Yes |
Custodial Account | |
No | Yes |
Guaranteed Stop Loss | |
No | No |
Inactivity Fee | |
$0 | |
Islamic Account | |
Yes | No |
Account Currencies | |
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Stock Exchanges | |
Commodities | |
CFD Trading | |
Trade 8,900+ CFDs spanning forex, stocks, indices, commodities, options and bonds with powerful tools and signals. | CFD trading not offered |
Leverage | |
1:30 | |
FTSE Spread | |
1.2 pts (Variable) | N/A |
GBPUSD Spread | |
0.7 (var) | N/A |
Oil Spread | |
0.03 | N/A |
Stocks Spread | |
0.10% (subject to min commission) | N/A (Flat fee applies) |
Forex Trading | |
Tier 1 liquidity on an impressive range of 189 currency pairs and spot metals, plus 130 forwards, from 0.4 pips. | Forex trading not offered |
GBPUSD Spread | |
0.7 (varies by region) | N/A |
EURUSD Spread | |
0.2 (varies by region) | N/A |
EURGBP Spread | |
0.6 (varies by region) | N/A |
Assets | |
40+ | |
Cryptocurrency | |
Trade cryptos against major fiat currencies or take a longer-term view with ETNs. | Crypto trading not offered |
Spread | |
Variable | |
Coins | |
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Crypto Lending | |
No | No |
Crypto Mining | |
No | No |
Crypto Staking | |
No | No |
Auto Market Maker | |
No | No |
66% of retail accounts lose money. | Investing involves risk of loss |