Trying to figure out what is the best between Saxo Bank and Plus500?

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We have compared more then 100 variables and features for you to carefully compare these two brokers.

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Company’s information

SAXO BANKPLUS500
saxo bank dma ukplus500 lowest spread broker
Founded in19922008
Regulatedyesyes
Publicly Tradednoyes
Is a bankyesno
EU Clientsyesyes
NO ESMA Availableyesyes
US Clientsnono
Canada Clientsyesno
Website Languagesen - chi (t/s) - fz - dan - fr - it - hu - ar - ne - nor - pol - ru - swi - sg - slv - jpen - fr - nor - swe - mal - cro - pol - tur - cz - isl - po - bul - dan - latv - ru - heb - de - lit - rom - ar - est - hu - slo - chi(t/s) - es - malt - sk - gre - ne - fi
Saxo Bank ReviewPlus500 Review

Regulations and Licenses

SAXO BANKPLUS500
TIER 1
ASICyesyes
IIROCnono
SFCyesno
FSAyesno
MASyesyes
FINMAyesno
FCAyesyes
CFTCnono
MIFID-ESMAyesyes
TIER 2
CBRCnono
CYSECyesyes
ISAnoyes
FMAnoyes
CBRnono
FSByesno
SECnono
DFSAyesno
TIER 3
FSC (British)nono
FSC (Mauritius)nono
OFFSHOREnono
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Spread and Fees

SAXO BANKPLUS500
EUR/USD Average Spread (Variable)0.60.6
USD/JPY Average Spread (Variable)0.60.745
GBP/USD Average Spread (Variable)0.71.3
USD/CHF Average Spread (Variable)0.71.7
EUR/USD Spread (Fixed)nono
USD/JPY Spread (Fixed)nono
GBP/USD Spread (Fixed)nono
USD/CHF Spread (Fixed)nono
Active Trader Program?yesno
Fees
Depositnono
Withdrawnono
Overnight - Swapyesyes
Inactivitynoyes
Conversionyesyes
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Deposit and Withdrawal

SAXO BANKPLUS500
Minimum Deposit$2000€100
Minimum Withdrawno€50
Credit Cardyesyes
Bank Transferyesyes
PayPalnoyes
Netellernono
Skrillnoyes
Other Methods AvailableMaestro, Dankort, Carte Bleueno
Deposit Waiting Time1-2 business days1 business day
Withdraw Waiting Time1-2 business days1 business day
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Account Types

SAXO BANKPLUS500
Demo Accountyesyes
Demo Expires? Yes or Noyes (20 days)no
Mini Accountyesno
Micro Accountnono
Fixed Spread Accountnoyes
Variable Spread Accountyesyes
Zero Spread Accountnono
ECN Accountyesno
Islamic Accountnoyes
Professional Traders Account - VIPnoyes
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Markets and Instruments

SAXO BANKPLUS500
Forex Spotyesyes
Forex CFDyesyes
Total Number Forex Pairs18060
Crypto (real)nono
Crypto CFDnoyes
Total Number of Crypto014
Commodities (real)nono
Commodities CFDyesyes
Total Number of Commodities7017
Stocks (real)nono
Stocks CFDyesyes
Total Number of Stocks20.0001816
Indices (real)nono
Indices CFDnoyes
Total Number of Indices067
ETFyesyes
Futuresyesno
Optionsyesyes
Bondsyesno
Interestes Ratesnono
IPOnono
Blendsnoyes
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Leverage – Execution – Platforms – Tools

SAXO BANKPLUS500
PLATFORMS
Proprietary Desktop Platformyesyes
Proprietary Web Platformyesyes
MT4 Dekstopnono
MT4 Webnono
MT5 Desktopnono
MT5 Webnono
cTrader desktopnono
cTrader webnono
MAC Platformsyesno
Mirror Tradernono
ZuluTradenono
Sirixnono
TRADING EXECUTIONS
Direct Market Access (DMA)nono
Straigh Through Processing (STP)yesno
Electronic Communication Network (ECN)yesno
Market Makeryesyes
Non Dealing Desk (NDD)nono
LEVERAGE
EU clients30:130:1
NON-EU clients400:1300:1
USnono
Canada400:1no
Australia400:1300:1
TRADING TECHNIQUES
Scalpingyesno
Hedgingnono
Spread Bettingnono
Expert Advisor (EA)yesno
Virtual Private Serveryesno
SPECIAL TRADING CONDITIONS
MAMnono
PAMMnono
Social Tradingyesno
Copy Tradingnono
TRADING TOOLS
One-Click Tradingyesno
Signal Tradingnono
Price Alertsyesyes
Number Chart Indicators47103
Number Chart Drawing Tools170
Trade directly from Chartyesno
Watchlistyesyes
RISK MANAGEMENT
Stop Lossesyesyes
Take Profitsyesyes
Limit Ordersyesyes
Trailing Stopyesyes
Margin Callyesyes
MOBILE TRADING
Androidyesyes
iOSyesyes
Windowsyesyes
Trading signals on Mobileyesyes
Smart Watch Appnono
Forexyesyes
CFDyesyes
Alertsyesyes
Chartings-Drawing Toolsyesno
Watchlistyesyes
Mobile Available Languagear - chi - cz - da - ne - en - fi - fr - de - gr - hu - it - nor - pol - ro - ru - slv - esen - fr- it - es - po - de - ne - pol - ar - heb - dan - nor - cz - sk - bul - chi
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Customer Support – Education – Research

SAXO BANKPLUS500
CUSTOMER SUPPORT
email supportyesyes
Phone Supportyesno
Live Chatnoyes
Support Language Availablear - chi - cz - da - ne - en - fi - fr - de - gr - hu - it - nor - pol - ro - ru - slv - esen - fr - nor - swe - mal - cro - pol - tur - cz - isl - po - bul - dan - latv - ru - heb - de - lit - rom - ar - est - hu - slo - chi(t/s) - es - malt - sk - gre - ne - fi
EDUCATION
Education Centeryesno
Webinarsyesno
Platform Tutorial Videoyesno
Video on Trading for Beginnersyesno
Video on Trading for Expertsyesno
Tutorial Guideyesno
Glossaryyesno
RESEARCH
News via Twitteryesyes
News via FaceBookyesyes
Daily Market Commentaryyesno
Daily email with Trading Ideasnono
Professional Reportsyesno
Analysis from Trading Central (Recognia)nono
Analysis from Delkos Researchnono
AutoChartistyesno
Social Trading Features - Social Feedsyesno
Traders Sentimentyesno
Economic Calendaryesyes
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Brand Power

SAXO BANKPLUS500
WEBSITE TRAFFIC
SimilarWeb - Website ranking1.601.12714.397
SimilarWeb - Total Visits< 50.0004.120.000
Facebook179.040192.258
Twitter30.50088.000
Instagram2.9116110
AWARDS WONSAXO BANKPLUS500
Best Retail FX Platform 2017 - FX Week e-FX AwardsAtlético de Madrid main sponsor 2015-2021
Best Platform for the Active Trader 2017 - ADVFN International Financial AwardsBrumbies sponsor since 2017
Best Forex Broker 2016 - Finance Magnates Awards+ more awards
Best Prime of Prime/Retail Liquidity Provider 2017 - Finance Magnates Awards
+ 17 awards
TRUSTPILOT UKTrustpilot Saxo BankTrustpilot Plus500
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