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
78
Rated
81
General Breakdown. This graph highlights the key scores from each Macro, uniquely calculated by us.
- eToro
- Saxo Bank
Security 94
Security 95
Badges Earned ?
4
1
0
7
3
0
Ratings Breakdown
Security Breakdown. This graph highlights the key scores from each Macro, uniquely calculated by us.
- eToro
- Saxo Bank
Cost 71
Cost 67
Badges Earned ?
Minimum Deposit
200
2000
Currency Spreads
Cost Breakdown. This graph highlights the key scores from each Macro, uniquely calculated by us.
- eToro
- Saxo Bank
Trading 69
Trading 75
Badges Earned ?
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
cTrader Desktop
cTrader Web
Mirror Trader
ZuluTrade
MT4 Dekstop
MT4 Web
MT5 Desktop
MT5 Web
Proprietary Desktop Platform
Proprietary Web Platform
MAC Platforms
Sirix
Assets
- forex-pairs
- crypto
- commodities
- stocks
- indices
1111 Assets
- forex-pairs
- crypto
- commodities
- stocks
- indices
19430 Assets
Education 63
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 ?
0
400:1
Tier-1 regulations
FSA ?
MAS ?
FINMA ?
FCA ?
CFTC ?
MIFID-ESMA ?
ASIC ?
IIROC ?
SFC ?
Tier-2 regulations
FMA ?
CBR ?
FSCA ?
SEC ?
DFSA ?
CBRC ?
CySEC ?
ISA ?
Tier-3 regulations
Offshore ?
FSC (British)
FSC (Mauritius)
Brand Power
SimilarWeb - Website Ranking
5529
1601127
SimilarWeb - Total Visits
22900
Facebook Likes
4691
179040
Twitter Likes
120000
30500
Instagram Likes
88000
2911
Deposits and Withdrawals
Minimum Deposit ?
200 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 ?
Conto Swap Free ?
Islamic Account ?
Professional Traders Account
Active Trader Program ?
Fees on 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
3.0
0.6
USD/JPY Average Spread
2.0
0.6
USD/CHF Average Spread
3.0
0.7
GBP/USD Average Spread
4.0
0.7
USD/CAD Average Spread
3.0
2.3
AUD/USD Average Spread
1.0
1.0
NZD/USD Average Spread
5.0
1.7
EUR/GBP Average Spread
4.0
1.8
Fees on Stocks
Apple
8.0
3.0
Facebook
8.0
3.0
Alphabet
27.0
3.0
Snapchat
0.0024
3.0
BP
0.0025
5.00
Tesco
0.0026
5.00
Barclays
5.00
Lloyds
0.0028
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
0
Ethereum
1.90%
0
Ripple
2.45%
0
Litecoin
1.90%
0
Bitcoin Cash
1.90%
0
Dash
2.90%
0
Monero
2.90%
0
Neo
1.90%
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 ?
Markets Available
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 ?
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 ?
25$
0.001 lots
Maximum Trade Size ?
20% of the equity
100 lots
Special Trading Conditions
MAM ?
PAMM ?
Social Trading ?
Copy Trading ?
LAMM ?
Trading Techniques Allowed
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
Market 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
Keeping you better informed
Find and Compare the Best