FlowBank vs Saxo Bank
| FlowBank | Saxo Bank |
|---|---|
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4
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 Traders from US not accepted
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Traders from US not accepted
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FlowBank is a regulated bank and trading broker with a wide range of instruments including forex, funds, cryptos and thousands of stocks, that offers direct and high-leverage CFD trading on the MetaTrader 4 and MetaTrader 5 platforms. Traders benefit from ultra-tight spreads, low or no commissions and a free stock joining bonus. |
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. |
| 66% of retail accounts lose money. | |
| Customer Reviews | |
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4
Based on 1 Saxo Bank customer reviews
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| Bonus Offer | |
| Free Welcome Stock Up To 500 CHF | |
| Comment by Reviewer | |
| "FlowBank is an excellent fit for active Swiss traders looking to build a diverse portfolio with a wide range of instruments and ultra-low fees, including zero commissions on Swiss stocks. The 20+ accepted currencies, $0 minimum deposit, and 4 platforms also make the broker accessible to global traders." | "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." |
| Pros | |
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| Cons | |
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| Instruments | |
| CFDs, Stocks, ETFs, Funds, Commodities, Cryptos | Forex, CFDs, indices, shares, commodities, cryptocurrencies, futures, options, warrants, bonds, ETFs |
| Demo Account | |
| Yes | Yes |
| Minimum Deposit | |
| $0 | |
| Trading Platforms | |
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| Payment Methods | |
| Minimum Trade | |
| 0.01 Lots | Vary by asset |
| Regulator | |
| FINMA | DFSA, MAS, FCA, SFC, FINMA, AMF, CONSOB |
| Margin Trading | |
| Yes | No |
| STP Account | |
| Yes | No |
| ECN Account | |
| Yes | Yes |
| DMA Account | |
| Yes | 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 | |
| Yes | No |
| P2P Trading | |
| No | No |
| Spot Trading | |
| Yes | Yes |
| Mobile Apps | |
| iOS & Android | SaxoTraderGo (iOS, Android, Windows) |
| App Review | |
The FlowBank trading app offers advanced technical and fundamental analysis features, over 50 forex pairs, plus instant and pending orders. Traders can download the app to Apple and Android devices. |
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| Auto Trading | |
| Expert Advisors (EAs) on MetaTrader | |
| Copy Trading | |
| No | No |
| Social Trading | |
| No | No |
| Trade Signals | |
| MetaTrader | Yes |
| VPS Hosting | |
| No | No |
| Tournaments | |
| Yes | No |
| Demo Competitions | |
| No | No |
| Ethical Investing | |
| No | No |
| Custodial Account | |
| No | No |
| Guaranteed Stop Loss | |
| No | No |
| Inactivity Fee | |
| $0 | |
| Islamic Account | |
| No | Yes |
| Account Currencies | |
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| Stock Exchanges | |
| Commodities | |
| CFD Trading | |
| Trade 4500+ CFDs with tight spreads and no commission except stocks. Choose between 4 different trading platforms and apps, including MT4, MT5 and proprietary options. The broker also sometimes offer joining promotions. | Trade 8,900+ CFDs spanning forex, stocks, indices, commodities, options and bonds with powerful tools and signals. |
| Leverage | |
| 1:200 | 1:30 |
| FTSE Spread | |
| 1.0 | 1.2 pts (Variable) |
| GBPUSD Spread | |
| 0.7 | 0.7 (var) |
| Oil Spread | |
| 0.03 | 0.03 |
| Stocks Spread | |
| 0.02¢ commission | 0.10% (subject to min commission) |
| Forex Trading | |
| Trade 50+ major, minor and exotic pairs with spreads form 0.5 pips, no commissions and leverage up to 1:200. Importantly, the heavily regulated broker also provides a relatively secure forex trading environment. | Tier 1 liquidity on an impressive range of 189 currency pairs and spot metals, plus 130 forwards, from 0.4 pips. |
| Forex App | |
The FlowBank trading app offers advanced technical and fundamental analysis features, over 50 forex pairs, plus instant and pending orders. Traders can download the app to Apple and Android devices. |
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| GBPUSD Spread | |
| From 0.0 | 0.7 (varies by region) |
| EURUSD Spread | |
| From 0.0 | 0.2 (varies by region) |
| EURGBP Spread | |
| From 0.0 | 0.6 (varies by region) |
| Assets | |
| 50+ | 40+ |
| Cryptocurrency | |
| Speculate on crypto markets via 10 crypto/USD pairs as well as ETPs, ETNs, ETF, tracker certificates and closed-end funds. This range of derivatives offer diversified exposure to digital markets that aren't found at many alternatives. | Trade cryptos against major fiat currencies or take a longer-term view with ETNs. |
| Spread | |
| From 0.3 | 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. | |