FXFlat vs Saxo Bank

FXFlat vs Saxo Bank Comparison Table 2022
FXFlat Saxo Bank
United States Flag Traders from US accepted
United States Flag Traders from US not accepted
FXFlat offers several asset classes on the MetaTrader 4 & MetaTrader 5 platforms. A regulated bank, Saxobank offer Equities and Forex trading on 40,000+ markets via the SaxoTrader Pro and SaxoTrader Go platforms
Bonus
None None
Instruments
Forex, CFDs, indices, shares, commodities, cryptocurrencies, futures, ETFs Forex, CFDs, indices, shares, commodities, cryptocurrencies, futures, options, bonds, ETFs
Demo Account
Yes Yes
Minimum Deposit
€200 $10000
Payment Methods
Credit Card, Diners Club, Giropay, PayPal, Skrill, Sofort, Visa Credit Card, JCB Card, Mastercard, Visa, Wire Transfer
Minimum Trade
0.01 lots Vary by asset
Regulator
BaFin DFSA, MAS, FCA, SFC
Margin Trading
No No
MetaTrader 4
Yes No
MetaTrader 5
Yes No
cTrader
No No
AlgoTrader
- No
OmniTrader
- No
TradingView
- Yes
Autochartist
- No
eSignal
- No
Trading Central
- 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
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
Yes No
Copy Trading
No No
Islamic Account
No Yes
Account Currencies
- USD, EUR, GBP, CAD, AUD, JPY, SEK, DKK, CHF
Stock Exchanges
- London Stock Exchange, New York Stock Exchange, Shenzhen Stock Exchange
CFD
Trade with leverage across financial markets.
Leverage
1:30 1:30
FTSE Spread
1.0 1.2 pts (Variable)
GBPUSD Spread
0.9 0.7 (var)
Oil Spread
0.03 0.03
Stocks Spread
Variable 0.10% (subject to min commission)
Forex
Trade over 50 online forex pairs at FXFlat.
GBPUSD Spread
0.9 0.7 (varies by region)
EURUSD Spread
0.8 0.2 (varies by region)
EURGBP Spread
0.8 0.6 (varies by region)
Assets
50+ 40+
Cryptocurrency
Trade cryptos against the US Dollar and Euro. Crypto trading not offered
Spread
Variable
Coins
BTC, LTC, RIP, BCC, DSH, ETH
Crypto Lending
No No
Crypto Mining
- No
Crypto Staking
- No
Auto Market Maker
- No
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