eToro vs Saxo Bank: Comparison and Analysis
Trying to figure out whether to use eToro or Saxo Bank? This comparison article lays out the features of both brokers in detail, so you can see which is the best platform according to your needs.
We’ve compared more than 100 variables and features so you can see the pros and cons of eToro and Saxo Bank side by side. We’ve divided the comparisons into a logical structure so it’s easy to navigate.
Scroll the whole post below, or use the quick menu to jump to the relevant section.
Overall Ratings
Rated
77
Rated
81
General Breakdown. This graph highlights the key scores from each Macro, uniquely calculated by us.
- eToro
- Saxo Bank
Security 95
Security 95
Cost 70
Cost 67
Trading 68
Trading 75
Education 64
Education 76
Company Info
Foundation
2007
1992
Is it Regulated?
Is it Publicly Traded?
Is it a Bank?
Segregated Clients Funds ?
No-ESMA Branches? ?
Accepts EU Clients?
Accepts US Clients?
Accepts Canadian Clients?
Website Languages
en, ar, chi(t/s), cz, dan, de, es, fi, fr, ne, nor, pol, rom, ru, swe, thai, viet, mal, it
en, ar, chi(t/s), dan, fr, hu, ne, nor, pol, ru, slo, it, swi, sg
Leverage
Non-EU Leverage ?
30:1
400:1
European Leverage ?
30:1
30:1
Australian Leverage ?
30:1
30:1
US Leverage ?
1:1
0
Canadian Leverage ?
N/A
400:1
Tier 1 Regulation
FSA ?
MAS ?
FINMA ?
FCA ?
CFTC ?
MIFID-ESMA ?
ASIC ?
IIROC ?
SFC ?
Tier 2 Regulation
FMA ?
CBR ?
FSCA ?
SEC ?
DFSA ?
CBRC ?
CySEC ?
ISA ?
Tier 3 Regulation
Offshore ?
MMA (Maldives) ?
EDR ?
FSA (Seychelles) ?
SCB (Bahamas) ?
FSC (Mauritius) ?
VFSC (Vanuatu) ?
IFSC (Belize) ?
CIMA (Cayman Islands) ?
SVG (Saint Vincent and the Grenadines) ?
FSRC (St. Kitts & Nevis) ?
BMA (Bermuda) ?
BVI (British Virgin Islands) ?
Brand Power
SimilarWeb - Website Ranking
5529
1601127
SimilarWeb - Total Visits
22900
Facebook Likes
4691
179040
Twitter Likes
120000
30500
Instagram Likes
88000
2911
Deposit and Withdrawal
Minimum Deposit ?
10 USD
2000 USD
Minimum Withdraw ?
50
Credit Card ?
Bank Transfer ?
PayPal
Neteller
Skrill
Other Methods Available ?
UnionPay, Rapid Transfer, Sofort
Maestro, Carte Bleue, Dankort
Deposit Waiting Time ?
up to 10 minutes
1-2 business days
Withdraw Waiting Time ?
1 business day
1-2 business days
Bonus Program ?
Costs and Fees
Deposit Fees ?
Withdrawal Commissions ?
Overnight/Swap Fee ?
Inactivity Fee ?
Conversion Fee ?
Account Types
Demo Account ?
Demo Account Expiration ?
Account Currencies ?
USD
EUR, USD
Standard Account ?
Micro Account ?
Low-cost Account ?
Variable Spread Account ?
Fixed Spread Account ?
Zero Spread Account ?
ECN Account ?
Swap Free Account ?
Islamic Account ?
Professional Traders Account ?
Active Trader Program ?
Commodities
Crude Oil ?
5.0
Natural Gas ?
10.0
Silver ?
5.0
13.0
Platinum ?
35.0
Copper ?
2.0
Soybeans ?
Corn ?
Gold ?
45.0
12.0
Forex Fixed Spreads
EUR/GBP Spread
EUR/USD Spread
USD/JPY Spread
GBP/USD Spread
USD/CHF Spread
AUD/USD Spread
USD/CAD Spread
NZD/USD Spread
Forex Variable Spreads
EUR/USD Average Spread
1
0.6
USD/JPY Average Spread
1
0.6
USD/CHF Average Spread
1.5
0.7
GBP/USD Average Spread
2
0.7
USD/CAD Average Spread
1.5
2.3
AUD/USD Average Spread
1.0
1.0
NZD/USD Average Spread
2.5
1.7
EUR/GBP Average Spread
2
1.8
Fees on Stocks
Apple
0.0
3.0
Facebook
0.0
3.0
Alphabet
0.0
3.0
Snapchat
0.0
3.0
BP
0.0
5.00
Tesco
0.0
5.00
Barclays
0.0
5.00
Lloyds
0.0
5.00
Fees on Indices
FTSE100
150
S&P500
75
Dow Jones
Nasdaq
100
CAC40
200
DAX30
200
Nikkei 225
1000
Euro Stoxx 50
300
Fees on Cryptocurrencies
Bitcoin
1,00%
0
Ethereum
1,00%
0
Ripple
1,00%
0
Litecoin
1,00%
0
Bitcoin Cash
1,00%
0
Dash
1,00%
0
Monero
1,00%
0
Neo
1,00%
0
Platforms
cTrader Desktop
cTrader Web
Mirror Trader
ZuluTrade ?
MT4 Dekstop
MT4 Web
MT5 Desktop
MT5 Web
Proprietary Desktop Platform
Proprietary Web Platform
MAC Platforms
Sirix
Mobile Trading
Android ?
iOS ?
Windows ?
Trading Signals on Mobile ?
Smart Watch App ?
Forex Trading ?
CFD Trading ?
Alerts ?
Chartings-Drawing Tools ?
Mobile Available Language ?
en, de, es, fr, it
en, ar, cz, de, es, fi, fr, hu, ne, nor, pol, ru, slo, it, chi
Watchlist Mobile ?
Available Markets
Forex Pairs ?
47
180
Crypto ?
47
180
Commodities ?
47
70
Stocks ?
957
19000
Indices ?
13
ETF ?
145
3000
Futures ?
10
Options ?
Bonds ?
5000
Metal ?
4
4
Agricultural ?
3
Energies ?
2
2
Interest Rates ?
Penny Stocks ?
IPO ?
Blends ?
19
Dow Jones ?
FTSE ?
Dax ?
Nikkei ?
Gold Market ?
Bitcoin ?
Real Assets ?
Crypto, ETF, Penny Stocks, Stocks
Trading Execution
Direct Market Access (DMA) ?
Straigh Through Processing (STP) ?
Electronic Communication Network (ECN) ?
Market Maker ?
Non Dealing Desk (NDD) ?
FIFO Applies? ?
4 Digits Decimal Pricing ?
5 Digits Decimal Pricing ?
Risk Management
Stop Losses ?
Take Profits ?
Limit Orders ?
Trailing Stop ?
Margin Call ?
OCO Orders ?
Guaranteed Stop Loss ?
Negative Balance Protection ?
Minimum Trade Size ?
10$
0.001 lots
Maximum Trade Size ?
20% of the equity
100 lots
Special Trading Conditions
MAM ?
PAMM ?
Social Trading ?
Copy Trading ?
LAMM ?
Available Trading Techniques
Scalping ?
Hedging ?
Spread Betting ?
Expert Advisor (EA) ?
Virtual Private Server ?
API ?
Trading Tools
One-Click Trading ?
Signal Trading ?
Price Alerts ?
Number Chart Indicators ?
67
47
Number Chart Drawing Tools ?
14
17
Trade Directly From Chart ?
Watchlist ?
Education
Education Center ?
Webinars
Platform Tutorial Video ?
Video on Trading for Beginners ?
Video on Trading for Experts ?
Tutorial Guide
Glossary
Customer Support
Call Back Request ?
Email Support
Phone Support
Live Chat
Support Language Available
en, ru
en, ar, cz, de, es, fi, fr, hu, ne, nor, pol, ru, slo, it, chi
Research
Professional Reports
Social Trading Features - Social Feeds ?
Economic Calendar
Daily Email With Trading Ideas
Analysis From Trading Central (Recognia)
Analysis From Delkos Research
AutoChartist
Traders Sentiment ?
News via Twitter
News via FaceBook
Daily Market Commentary
