ForexTB vs Saxo Bank

ForexTB vs Saxo Bank Comparison Table 2022
ForexTB Saxo Bank
Trade CFDs on a powerful and intuitive trading platform. Over 300 markets to trade, with tight spreads and multi-device support. CySec Regulated. A regulated bank, Saxobank offer Equities and Forex trading on 40,000+ markets via the SaxoTrader Pro and SaxoTrader Go platforms
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted
Bonus
None None
Instruments
Forex, CFDs, indices, shares, commodities, cryptocurrencies Forex, CFDs, indices, shares, commodities, cryptocurrencies, futures, options, bonds, ETFs
Demo Account
Yes Yes
Minimum Deposit
$250 $10000
Payment Methods
Apple Pay, Venmo, Visa Credit Card, JCB Card, Mastercard, Visa, Wire Transfer
Minimum Trade
0.01 lots Vary by asset
Regulator
CySEC DFSA, MAS, FCA, SFC
Margin Trading
No No
MetaTrader 4
Yes No
MetaTrader 5
No No
cTrader
No No
STP Account
No No
ECN Account
No Yes
DMA Account
No No
MAM Account
No No
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
- No
Robo Advisor
- No
Negative Balance Protection
- No
Market Maker
No No
P2P Trading
No No
Spot Trading
No Yes
Mobile Apps
Yes SaxoTraderGo (iOS, Android, Windows)
Auto Trading
Yes -
Trade Signals
Yes Yes
VPS Hosting
- No
Tournaments
- No
Demo Competitions
- No
Ethical Investing
- No
Social Trading
No No
Copy Trading
No No
Islamic Account
No Yes
Account Currencies
- USD, EUR, GBP, CAD, AUD, JPY, SEK, DKK, CHF
CFD
Trade CFDs on FX, commodities, major indices, and company stocks
Leverage
1:30 1:30
FTSE Spread
0.02 1.2 pts (Variable)
GBPUSD Spread
1.8 0.7 (var)
Oil Spread
0.09 0.03
Stocks Spread
Floating 0.10% (subject to min commission)
Forex
Trade major, minor & exotic currency pairs
GBPUSD Spread
From 1.8 0.7 (varies by region)
EURUSD Spread
From 1.8 0.2 (varies by region)
EURGBP Spread
From 1.8 0.6 (varies by region)
Assets
50 40+
Cryptocurrency
Trade on popular cryptocurrency coins and traditional currencies Crypto trading not offered
Spread
Floating
Coins
BTC, ETH, LTC, XRP, XMR, DSH, BCH
Crypto Lending
No No
Crypto Mining
No No
Auto Market Maker
No No
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