FXFlat vs Saxo Bank

FXFlat vs Saxo Bank Comparison Table 2024
FXFlat Saxo Bank
Not Yet Rated
4

FXFlat offers several asset classes on the MetaTrader 4 & MetaTrader 5 platforms.

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.

Customer Reviews
4
Comment by Reviewer
"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
  • Powerful proprietary trading platforms with comprehensive charting packages and advanced analysis tools
  • High-level research hub with curated market research, plus unique insights with 'Outrageous Predictions'
  • Excellent educational resources including podcasts, webinars and expert-led video insights
  • Access to comprehensive third-party analysis tools including TradingView and Updata
  • The ISA account is highly accessible and flexible with no entry or exit fees
  • Heavily regulated and trustworthy brand based in Switzerland
  • Low fees with premium account tiers
Cons
  • High funding requirements for the trading accounts
  • Access to Level 2 pricing requires a subscription
  • Clients from some jurisdictions not accepted including the US and Belgium
Instruments
Forex, CFDs, indices, shares, commodities, cryptocurrencies, futures, ETFs Forex, CFDs, indices, shares, commodities, cryptocurrencies, futures, options, warrants, bonds, ETFs
Demo Account
Yes Yes
Minimum Deposit
€200
Trading Platforms
  • MT4
  • MT5
  • TradingView
Payment Methods
Minimum Trade
0.01 Lots Vary by asset
Regulator
BaFin DFSA, MAS, FCA, SFC
Margin Trading
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 No
Robo Advisor
No No
Negative Balance Protection
No No
Market Maker
No No
P2P Trading
No No
Spot Trading
No Yes
Mobile Apps
Yes SaxoTraderGo (iOS, Android, Windows)
Auto Trading
Yes
Copy Trading
No No
Social Trading
Yes No
Trade Signals
Yes Yes
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Islamic Account
No Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • JPY
  • SEK
  • DKK
  • CHF
Stock Exchanges
Commodities
CFD Trading
Trade with leverage across financial markets. Trade 8,900+ CFDs spanning forex, stocks, indices, commodities, options and bonds with powerful tools and signals.
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 Trading
Trade over 50 online forex pairs at FXFlat. Tier 1 liquidity on an impressive range of 189 currency pairs and spot metals, plus 130 forwards, from 0.4 pips.
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. Trade cryptos against major fiat currencies or take a longer-term view with ETNs.
Spread
Variable Variable
Coins
  • BTC
  • LTC
  • RIP
  • BCC
  • DSH
  • ETH
  • BTC
  • ETH
  • LTC
  • XRP
  • XTZ
  • SOL
  • ADA
  • DOT
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
More Comparisons
FXFlat
vs
Saxo Bank
vs