|
3.7
|
4
|
 Traders from US not accepted |
Traders from US not accepted |
|
FXOpen is a highly regulated FX and CFD broker offering multiple trading platforms and spreads from 0.0 pips.
|
A regulated bank, Saxobank offer Equities and Forex trading on 40,000+ markets via the SaxoTrader Pro and SaxoTrader Go platforms
|
|
66% of retail accounts lose money. |
| Pros |
- Demo account
- MT4 integration
- Strong regulatory oversight
- Multiple payment methods
- Bonuses & trading contests
- Full range of investments
- Copy trading (global traders)
- Low minimum deposit (global traders)
|
|
| Cons |
|
|
| Awards |
- Best ECN Broker 2012 - Masterforex-V
- Best Forex Broker in Australasia 2011 - World Finance Magazine
- Best Islamic Forex Broker 2011 - IB Times Trading Awards
- Best South-East Asia Forex Broker and Best ECN Forex Broker 2011 - IB Times Trading Awards
- Best Trading Platform 2010 - Falcon Awards
|
|
| Instruments |
| Forex, CFDs, Indices, Commodities, Cryptocurrencies, ETFs, Shares |
Forex, CFDs, indices, shares, commodities, cryptocurrencies, futures, options, warrants, bonds, ETFs |
| Demo Account |
| Yes |
Yes |
| Minimum Deposit |
| $1 Global, £300 UK |
|
| Payment Methods |
|
|
| Minimum Trade |
| 0.01 Lot |
Vary by asset |
| Regulator |
| FCA, CySEC, ASIC |
DFSA, MAS, FCA, SFC |
| Margin Trading |
| Yes |
No |
| MetaTrader 4 |
| Yes |
No |
| MetaTrader 5 |
| Yes |
No |
| cTrader |
| No |
No |
| AlgoTrader |
| No |
No |
| OmniTrader |
| No |
No |
| TradingView |
| Yes |
Yes |
| Autochartist |
| No |
No |
| eSignal |
| No |
No |
| Trading Central |
| No |
No |
| STP Account |
| Yes |
No |
| ECN Account |
| Yes |
Yes |
| DMA Account |
| No |
No |
| MAM Account |
| No |
No |
| PAMM Account |
| Yes |
No |
| LAMM Account |
| No |
No |
| Demat Account |
| No |
No |
| AI / Machine Learning |
| No |
No |
| Robo Advisor |
| No |
No |
| Negative Balance Protection |
| Yes |
No |
| Market Maker |
| No |
No |
| P2P Trading |
| No |
No |
| Spot Trading |
| No |
Yes |
| Mobile Apps |
| iOS & Android |
SaxoTraderGo (iOS, Android, Windows) |
| Auto Trading |
| Yes (EAs) |
|
| Copy Trading |
| Yes |
No |
| Copy Trading Platform |
| FXOpen offers copy trading, enabling users to follow and copy the positions and strategies of other traders. Myfxbook and ZuluTrade supported. |
|
| Social Trading |
| Yes |
No |
| Trade Signals |
| Yes |
Yes |
| VPS Hosting |
| Yes |
No |
| Tournaments |
| Yes |
No |
| Demo Competitions |
| Yes |
No |
| Ethical Investing |
| No |
No |
| Custodial Account |
| No |
No |
| Guaranteed Stop Loss |
| No |
No |
| Inactivity Fee |
| $10 |
|
| Islamic Account |
| Yes |
Yes |
| Account Currencies |
|
- USD
- EUR
- GBP
- CAD
- AUD
- JPY
- SEK
- DKK
- CHF
|
| Stock Exchanges |
|
|
| Commodities |
|
|
| CFD Trading |
| Trade CFDs on currency pairs, cryptocurrencies, indices, & commodities with tight spreads |
|
| Leverage |
| 1:30 - 1:500 (varies by trading entity) |
1:30 |
| FTSE Spread |
| 0.8 |
1.2 pts (Variable) |
| GBPUSD Spread< |
| 0.2 |
0.7 (var) |
| Oil Spread |
| 4.0 |
0.03 |
| Stocks Spread |
| N/A |
0.10% (subject to min commission) |
| Forex Trading |
| Trade major, minor & emerging forex pairs with 1:30 leverage |
|
| GBPUSD Spread |
| 0.2 |
0.7 (varies by region) |
| EURUSD Spread |
| 0.2 |
0.2 (varies by region) |
| EURGBP Spread |
| 0.2 |
0.6 (varies by region) |
| Assets |
| 50+ |
40+ |
| Cryptocurrency |
| Trade on 40+ cryptocurrency coins with 1:2 leverage (Pro clients only in UK). |
Trade cryptos against major fiat currencies or take a longer-term view with ETNs. |
| Spread |
| Variable |
Variable |
| Coins |
- BTC
- BCH
- ETH
- LTC
- ETC
- EOS
- DSH
- XRP
- IOT
- XMR
- NEO
|
|
| Crypto Lending |
| No |
No |
| Crypto Mining |
| No |
No |
| Crypto Staking |
| No |
No |
| Auto Market Maker |
| No |
No |
|
|
|
|
|
66% of retail accounts lose money. |
| More Comparisons |
FXOpen
vs
|
Saxo Bank
vs
|
