Saxo Bank vs Moomoo
| Saxo | Moomoo | 
|---|---|
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                                4
                             
                                                
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                                4.3
                             
                                                                            Moomoo is #10 in our broker rankings.  | 
            
                      Traders from US not accepted
                                            
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                      Traders from US 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.  | 
                
                     Moomoo is an SEC-regulated app-based investment platform that offers a straightforward and affordable way to invest in Chinese, Hong Kong, Singaporean, Australian and US stocks, ETFs and other assets. Margin trading is available and the brand offers a zero-deposit account as well as several bonuses.  | 
            
| 66% of retail accounts lose money. | |
| Customer Reviews | |
| 
                                     3.3 
                                    Based on 3 Saxo customer reviews 
                                   | 
        
                                     3.3 
                                    Based on 3 Moomoo customer reviews 
                                   | 
    
| Bonus Offer | |
| Get up to 15 free stocks worth up to $2000 | |
| 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." | "Moomoo remains an excellent choice for new and intermediate stock traders who want to build a diverse investment portfolio. What really stands out is the broker's user-friendly app and the low trading fees." | 
| 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, Options, ETFs, ADRs, OTCs | 
| Demo Account | |
| Yes | Yes | 
| Minimum Deposit | |
| $0 | |
| Trading Platforms | |
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| Payment Methods | |
| Minimum Trade | |
| Vary by asset | $0 | 
| Regulator | |
| DFSA, MAS, FCA, SFC, FINMA, AMF, CONSOB | SEC, FINRA, MAS, ASIC, SFC | 
| Margin Trading | |
| No | Yes | 
| Margin Rate | |
| 6.8 | |
| STP Account | |
| No | No | 
| ECN Account | |
| Yes | No | 
| DMA Account | |
| No | No | 
| 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 | No | 
| Market Maker | |
| No | No | 
| P2P Trading | |
| No | No | 
| Spot Trading | |
| Yes | Yes | 
| Mobile Apps | |
| SaxoTraderGo (iOS, Android, Windows) | Yes (iOS & Android) | 
| Android App Rating | |
4.6  | 
        3.3  | 
    
| iOS App Rating | |
4.6  | 
        4.6  | 
    
| Copy Trading | |
| No | No | 
| Social Trading | |
| No | No | 
| Trade Signals | |
| Yes | None | 
| VPS Hosting | |
| No | No | 
| Tournaments | |
| No | No | 
| Demo Competitions | |
| No | No | 
| Ethical Investing | |
| No | No | 
| Custodial Account | |
| No | No | 
| 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 | 1:2 | 
| FTSE Spread | |
| 1.2 pts (Variable) | |
| GBPUSD Spread | |
| 0.7 (var) | |
| Oil Spread | |
| 0.03 | |
| Stocks Spread | |
| 0.10% (subject to min commission) | $0 per trade | 
| 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) | |
| EURUSD Spread | |
| 0.2 (varies by region) | |
| EURGBP Spread | |
| 0.6 (varies by region) | |
| 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 | 
                                            
                        
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| 66% of retail accounts lose money. | |


 Traders from US not accepted