Scores, winners and data below compare these brokers as CFD/FX brokers (leveraged trading on forex, indices, commodities and crypto), using the data of Saxo's Denmark entity and Trading 212's Cyprus entity. Scores, winners and data below compare these brokers as stock brokers (real shares and ETFs you own outright), using the data of Saxo's Denmark entity and Trading 212's Cyprus entity.
Saxo
65% of retail investor accounts lose money when trading CFDs with this provider.
Trading 212
83% of retail investor accounts lose money when trading CFDs with this provider.
Best for
What we compare A comparison of the kinds of traders Saxo and Trading 212 are best suited to, based on what each one actually offers in .Saxo is better than Trading 212 for high-volume traders, scalpers and algo traders, while Trading 212 is better for professional traders. Both are a good fit for long-term investors, swing traders and news traders.
| Overall score | Saxo 88 Best 89 Best | Trading 212 70 -18 74 -15 |
|---|---|---|
| Day trading i | ||
| Long-term investing i | ||
| Professional traders i | ||
| High-volume traders i | ||
| Scalpers i | ||
| Swing traders i | ||
| News traders i | ||
| Algo traders i | ||
| Stock traders i | ||
| Crypto traders i | ||
| Futures traders i | ||
| Options traders i |
Regulation
What we compare A comparison between the financial authorities that supervise Saxo and the ones that supervise Trading 212.Saxo and Trading 212 are both regulated by top-tier authorities, Saxo by Finanstilsynet Denmark, ASIC (Australia) and the SFC (Hong Kong) and Trading 212 by CySEC, FSC Bulgaria and ASIC (Australia).
| Section score | Saxo 100 100 | Trading 212 100 100 |
|---|---|---|
| Tier-1 regulators | ||
| ESMA (European Union) i | Finanstilsynet (Denmark) | CySEC (Cyprus) |
| FCA (United Kingdom) i | ||
| ASIC (Australia) i | ||
| CFTC (United States) i | ||
| NFA (United States) i | ||
| SEC (United States) i | ||
| CIRO (Canada) i | ||
| MAS (Singapore) i | ||
| SFC (Hong Kong) i | ||
| JFSA (Japan) i | ||
| FINMA (Switzerland) i | ||
| Tier-2 regulators | ||
| FMA (New Zealand) i | ||
| CBR (Russia) i | ||
| FSCA (South Africa) i | ||
| DFSA (Dubai) i | ||
| CSRC (China) i | ||
| ISA (Israel) i | ||
| LFSA (Malaysia) i | ||
| JSC (Jordan) i | ||
| CMA (Kenya) i | ||
| Tier-3 regulators | ||
| FSA (Seychelles) i | ||
| MMA (Maldives) i | ||
| SCB (Bahamas) i | ||
| FSC (Mauritius) i | ||
| VFSC (Vanuatu) i | ||
| FSC (Belize) i | ||
| CIMA (Cayman Islands) i | ||
| SV FSA (Saint Vincent and the Grenadines) i | ||
| FSRC (St. Kitts & Nevis) i | ||
| BMA (Bermuda) i | ||
| BVI FSC (British Virgin Islands) i | ||
| EDR (External Dispute Resolution) i | ||
Safety
What we compare A comparison of the tools and services that Saxo and Trading 212 have in place to protect your money in .Saxo and Trading 212 both offer segregated client funds and an investor compensation scheme. Saxo also offers additional money insurance, and is a licensed bank.
| Section score | Saxo 93 Best 93 Best | Trading 212 79 -14 79 -14 |
|---|---|---|
| Company info | ||
| Is it publicly traded i | ||
| Is it a bank i | ||
| Year founded i | 1992 | 2004 |
| Parent company i | Saxo Bank A/S | Trading 212 Ltd |
| CEO i | Kim Fournais | Michael Byrne |
| Money safety | ||
| Segregated client funds i | ||
| Two-factor authentication i | ||
| Investor compensation scheme i | ||
| Additional money insurance i | ||
| Partner bank i | Saxo Bank A/S | J.P. Morgan, Barclays |
| Brand power | ||
| Number of customers worldwide i | 1,200,000 | 4,500,000 |
| Annual revenue i | USD 727,595,340 | USD 299,000,000 |
| Monthly website search traffic i | 1.7M monthly visits | |
Costs
What we compare A comparison of what it costs to trade with Saxo and with Trading 212 in , both on each trade and on holding the account.Saxo is better than Trading 212 for CFD/FX costs, since Saxo is cheaper on EUR/USD, at 10 USD per lot (against Trading 212's 13 USD), has tighter gold CFD spreads, at 0.34 points (against Trading 212's 0.89 points), and does not charge deposit fees, unlike Trading 212. Neither Saxo nor Trading 212 charges inactivity fees or account maintenance fees.
Trading 212 is better than Saxo for real stock costs, since Trading 212 does not charge US stock fees (against Saxo's 2 USD), does not charge ETF fees (against Saxo's 2 USD), and does not charge real-time market data fees, unlike Saxo. Neither Saxo nor Trading 212 charges inactivity fees or account maintenance fees.
| Section score | Saxo 70 Best 68 -14 | Trading 212 36 -34 82 Best |
|---|---|---|
| Broker fees | ||
| Deposit fees i | ||
| Withdrawal fees i | ||
| Overnight fees i | ||
| Inactivity fees i | ||
| Currency conversion fees i | ||
| Discounts on volume i | ||
| Real time market data fee i | ||
| Dividend withholding i | ||
| Account opening fees i | ||
| Account maintenance fee i | ||
| Portfolio management fee i | ||
| Fees on CFDs | ||
| Forex commission per lot i | Free | Free |
| EUR/USD average standard spread i | ||
| EUR/USD average raw spread i | ||
| EUR/USD average fixed spread i | ||
| EUR/USD total cost per lot i | USD 10 | USD 13 |
| S&P 500 fees (CFD) i | 0.7 points | 0.42 points |
| Gold fees (CFD) i | 0.34 points | 0.89 points |
| Bitcoin fees (CFD) i | USD 308 | USD 70.17 |
| US stocks fees (CFD) i | USD 0.08 | Free |
| Fees on stocks | ||
| Stock fee type i | Commission, Percentage | Spread, Free |
| US stocks fees (real) i | USD 2 | Free |
| ETF fees (real) i | USD 2 | Free |
| Management costs i | ||
| Connection costs i | ||
| Fees on futures | ||
| Futures fees per contract i | USD 3 | |
| Platform fees i | ||
| Fees on options | ||
| Options fees per contract i | USD 2 | |
| Event fees i | ||
| Fees on savings plans | ||
| IRA opening fee i | ||
| IRA maintenance fee i | ||
| 401k opening fee i | ||
| 401k maintenance fee i | ||
Available markets
What we compare A comparison of the markets and products you can trade with Saxo and with Trading 212 in , and of how many instruments each one gives access to.Saxo is better than Trading 212 for CFD/FX markets, as Saxo gives access to 71,000 tradable symbols (against Trading 212's 10,000), lets you own bonds and funds outright, which Trading 212 does not, and offers futures on commodities, forex and indices, which Trading 212 does not. Both Saxo and Trading 212 offer CFDs on commodities, crypto, forex, indices and stocks, and let you own ETFs and stocks outright.
Saxo is better than Trading 212 for real stock markets, because Saxo lets you own bonds and funds outright, which Trading 212 does not, gives access to 71,000 tradable symbols (against Trading 212's 10,000), and offers futures on commodities, forex and indices, which Trading 212 does not. Both Saxo and Trading 212 let you own ETFs and stocks outright, and offer CFDs on commodities, crypto, forex, indices and stocks.
| Section score | Saxo 100 Best 100 Best | Trading 212 75 -25 45 -55 |
|---|---|---|
| Total tradable symbols i | 71,000 | 10,000 |
| Currency pairs i | ||
| Indices i | ||
| Commodities i | ||
| Stocks i | ||
| ETF i | ||
| Cryptocurrencies i | ||
| Bonds i | ||
| Interest rates i | ||
| Portfolios i | ||
| CFDs i | Commodities, Crypto, Forex, Indices, Stocks | Commodities, Crypto, ETF, Forex, Indices, Stocks |
| Futures i | Commodities, Forex, Indices | |
| Options i | Commodities, Forex, Indices | |
| Assets you can own i | Bonds, ETF, Funds, Stocks | Crypto, ETF, Stocks |
Platform
What we compare A comparison of the trading platforms that Saxo and Trading 212 make available to their clients in .Saxo is better than Trading 212 for platforms, since Saxo offers AutoChartist, which Trading 212 does not. Both Saxo and Trading 212 offer a proprietary platform and social trading.
| Section score | Saxo 86 Best 86 Best | Trading 212 81 -5 81 -5 |
|---|---|---|
| Proprietary platform i | ||
| MetaTrader 4 i | ||
| MetaTrader 5 i | ||
| cTrader i | ||
| Social trading platform i | ||
| Copy trading platform i | ||
| ZuluTrade i | ||
| TradingView i | ||
| Duplitrade i | ||
| Mirror Trader i | ||
| NinjaTrader i | ||
| AutoChartist i | ||
| Real time pricing i | ||
| 5 digit pricing i | ||
| One-click trading i |
Mobile
What we compare A comparison of the mobile apps of Saxo and Trading 212 in , and of what each one lets you do from your phone.Saxo is better than Trading 212 for mobile trading, because Saxo offers mobile charting tools and mobile drawing tools, which Trading 212 does not. Both Saxo and Trading 212 offer a proprietary mobile app and mobile trading signals.
| Section score | Saxo 87 Best 87 Best | Trading 212 74 -13 74 -13 |
|---|---|---|
| Proprietary app i | ||
| Social trading app i | ||
| Copy trading app i | ||
| MetaTrader 4 app i | ||
| MetaTrader 5 app i | ||
| cTrader app i | ||
| Mobile trading signals i | ||
| Mobile alerts i | ||
| Mobile charting tools i | ||
| Mobile drawing tools i | ||
| Mobile watchlist i | ||
| Smartwatch app i |
Trading features
What we compare A comparison of the trading tools and strategies that Saxo and Trading 212 allow on their platforms in .Saxo is better than Trading 212 for CFD/FX trading features, since Saxo offers tier-1 liquidity providers, which Trading 212 does not, and allows for scalping and automated trading. Saxo and Trading 212 both offer negative balance protection and trailing stops.
Trading 212 is better than Saxo for real stock trading features, since Trading 212 offers fractional shares, which Saxo does not. Both Saxo and Trading 212 offer trailing stops and API access.
| Section score | Saxo 85 Best 77 -12 | Trading 212 73 -12 89 Best |
|---|---|---|
| Trade execution | ||
| Broker type i | NDD | Agency |
| Average execution time i | 12 ms | |
| Slippage occurrence i | 20.7% | |
| Requotes occurrence i | ||
| Tier-1 liquidity providers i | ||
| PFOF i | ||
| Leverage | ||
| Major FX pairs leverage i | 30:1 | 30:1 |
| Minor/Exotic FX pairs leverage i | 20:1 | 20:1 |
| Major indices leverage i | 20:1 | 20:1 |
| Minor indices leverage i | 10:1 | 10:1 |
| Gold leverage i | 20:1 | 20:1 |
| Commodities leverage i | 10:1 | 10:1 |
| Equities leverage i | 5:1 | 5:1 |
| Cryptocurrency leverage i | 2:1 | 2:1 |
| Risk management | ||
| Stop losses i | ||
| Take profits i | ||
| Limit orders i | ||
| Trailing stop i | ||
| Margin call i | ||
| OCO orders i | ||
| Guaranteed stop loss i | ||
| Negative balance protection i | ||
| Minimum trade size (FX) i | 0.01 lots | 0.01 lots |
| Minimum trade size (stocks) i | USD 0 | USD 1 |
| Fractional stocks i | ||
| Trading compliance | ||
| Scalping strategies allowed i | ||
| Hedging strategies allowed i | ||
| Automated trading strategy allowed i | ||
| EAs use allowed i | ||
| HFT strategy allowed i | ||
| VPS use allowed i | ||
| API use allowed i | ||
| Price scraping allowed i | ||
| FIFO rule applies i | ||
Account types
What we compare A comparison of the kinds of account you can open at Saxo and at Trading 212 in , and of who each one is meant for.Saxo is better than Trading 212 for CFD/FX account types, given that Saxo offers a corporate account, a managed account and a raw spread account, which Trading 212 does not. Both Saxo and Trading 212 offer a demo account and a standard account.
Saxo is better than Trading 212 for real stock account types, since Saxo offers a corporate account and a managed account, which Trading 212 does not. Saxo and Trading 212 both offer a stock investing account and a demo account.
| Section score | Saxo 46 Best 83 Best | Trading 212 38 -8 69 -14 |
|---|---|---|
| Demo account i | ||
| Unlimited demo account i | ||
| Standard account i | ||
| Micro account i | ||
| Cent account i | ||
| Nano account i | ||
| Raw spread account i | ||
| ECN account i | ||
| Swap-free account i | ||
| Islamic account i | ||
| Professional traders account i | ||
| Fixed spread account i | ||
| Spread betting account i | ||
| Copy trading account i | ||
| Corporate account i | ||
| Managed account i | ||
| Stock investing account i | ||
| Margin investing account i | ||
| Savings account i | ||
| Retirement account i |
Account opening
What we compare A comparison of what it takes to open and fund an account with Saxo and with Trading 212 in .Trading 212 is better than Saxo for account opening, given that Trading 212 offers 12 account base currencies (against Saxo's 2), and credits deposits faster, within 1 day (against Saxo's 2 days). That said, Saxo asks for no minimum deposit at all (against Trading 212's 11 USD).
| Section score | Saxo 65 -12 65 -12 | Trading 212 77 Best 77 Best |
|---|---|---|
| Minimum deposit i | USD 0 | USD 11About this value. This is the minimum deposit at Trading 212 Markets Ltd (CySEC). At Trading 212's other companies: USD 1 (Australia, the UK). |
| Minimum withdrawal i | USD 0 | USD 1 |
| Wire transfers i | ||
| Credit cards i | ||
| Debit cards i | ||
| eWallets i | ||
| Local payment methods i | ||
| Account base currencies i | EUR, USDAbout this value. This is the account base currencies at Saxo Bank A/S (Finanstilsynet). It is different at Saxo's companies in Australia. | GBP, USD, EUR, CAD, CHF, DKK, NOK, PLN, SEK, CZK, RON, HUFAbout this value. This is the account base currencies at Trading 212 Markets Ltd (CySEC). It is different at Trading 212's companies in Australia. |
| Deposit waiting time i | up to 2 business days | up to 1 business days |
| Withdrawal waiting time i | up to 2 business days | up to 2 business days |
| Bonus program i |
Customer care
What we compare A comparison of the customer support of Saxo and Trading 212 in , in how it can be reached and how fast it answers.Saxo is better than Trading 212 for customer care, since Saxo offers customer support in 15 languages (against Trading 212's 11), has a website in 12 languages (against Trading 212's 11), and offers a dedicated account manager, which Trading 212 does not. Saxo and Trading 212 both offer email support.
| Section score | Saxo 87 Best 87 Best | Trading 212 58 -29 58 -29 |
|---|---|---|
| Number of languages supported i | 15 | 11 |
| Website languages i | Arabic, Danish, English, French, Hungarian, Italian, Dutch, Norwegian, Polish, Russian, Slovenian, Chinese | Arabic, German, English, French, Italian, Dutch, Polish, Romanian, Russian, Spanish, Chinese |
| Website available in English i | ||
| Customer support languages i | Arabic, Czech, German, English, Finnish, French, Hungarian, Italian, Dutch, Norwegian, Polish, Russian, Slovenian, Spanish, Chinese | Arabic, German, English, French, Italian, Dutch, Polish, Romanian, Russian, Spanish, Chinese |
| Customer support in English i | ||
| Call back request i | ||
| Email support i | ||
| Phone support i | ||
| Live chat i | ||
| Priority customer support i | ||
| Dedicated account manager i | ||
| Cash sweep i | ||
| Stock lending i | ||
| Distributes proceeds i | ||
| Tax withholding agent i | ||
| Tax assistance i |
Learning
What we compare A comparison of the educational material that Saxo and Trading 212 provide to their clients in .Saxo is better than Trading 212 for learning, since Saxo offers education for advanced traders, webinars and professional reports, which Trading 212 does not. Both Saxo and Trading 212 offer education for beginners and an education center.
| Section score | Saxo 100 Best 100 Best | Trading 212 43 -57 43 -57 |
|---|---|---|
| Education | ||
| Education center i | ||
| Education for beginners i | ||
| Education for advanced traders i | ||
| Webinars i | ||
| Tutorials i | ||
| Glossary i | ||
| Research | ||
| Economic calendar i | ||
| Traders' sentiment i | ||
| Daily market commentary i | ||
| Daily trading ideas i | ||
| News via social media i | ||
| Professional reports i | ||
| Watchlist i | ||
Saxo vs Trading 212: which one should you choose?
Saxo
CFD/FX Choose Saxo if you want a CFD and forex broker for scalping and high-volume trading, with high-frequency trading strategies.
Stocks Choose Saxo if you want a broker for securities investing with bonds, funds, options and futures.
Open Account 65% of retail investor accounts lose money when trading CFDs with this provider.
Trading 212
CFD/FX Choose Trading 212 if you want an online CFD broker with ETFs and hedging.
Stocks Choose Trading 212 if you want a share dealing service with commission-free US stocks and crypto.
Open Account 83% of retail investor accounts lose money when trading CFDs with this provider.Other popular comparisons
Below are other head-to-head comparisons that include Saxo or Trading 212, each scored with the same data and method as this page.
