InstaForex vs Saxo Bank

InstaForex vs Saxo Bank Comparison Table 2021
InstaForex Saxo Bank
Instaforex provide Forex, CFDs, Stock and Cryptocurrency trading. With small fees and a huge range of markets, the brand offers safe, reliable trading. A regulated bank, Saxobank offer CFD, Stocks 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
Awards
The Best Forex Cryptocurrency Trading Platform 2018 by UK Forex Awards
Most Active Broker in Asia 2020 by AtoZ Markets Forex Awards
Bonus
None None
Instruments
Currency pairs, CFDs on commodities, indices, stocks, cryptocurrencies, metals Forex, CFDs, indices, shares, commodities, cryptocurrencies, futures, options, bonds, ETFs
Demo Account
Yes Yes
Minimum Deposit
€1 to €1000 (Account choice dependent) $10000
Payment Methods
BPAY, Credit Card, Mastercard, Perfect Money, Skrill, Sofort, Yandex Money Credit Card, Mastercard, Visa, Wire Transfer
Minimum Trade
0.01 Lots Vary by asset
Regulator
CySec Danish FSA, FCA and Others
MetaTrader 4
Yes No
MetaTrader 5
No No
cTrader
No No
ECN Account
No Yes
DMA Account
No No
Mobile Apps
iOS and Android + Browser based platform SaxoTraderGo (iOS, Android, Windows)
Auto Trading
Via Copy Trading service No
Trade Signals
Yes Yes
Social Trading
Yes No
Copy Trading
No No
Islamic Account
Yes Yes
CFD
Leverage
1:30 1:30
FTSE Spread
0 (€5 fee) 1.2 pts (Variable)
GBPUSD Spread
Av. Floating 0.8 0.7 (var)
Oil Spread
€40 per lot 0.03
Stocks Spread
0.1% Var (Average) 0.10% (subject to min commission)
Forex
Offering a range of Accounts, including ECN, Instaforex can reduce average spreads to just 0.8 pips. The range of pairs offered is also among the largest of any broker.
GBPUSD Spread
Av. Floating 0.8 0.7 (varies by region)
EURUSD Spread
Av. Floating 0.8 0.2 (varies by region)
EURGBP Spread
Av. Floating 0.8 0.6 (varies by region)
Assets
200+ 40+
Cryptocurrency
Instaforex offer crypto trading on 5 leadings currencies with very low fees, Plus cryptocurrency CFDs. Leverage is 1:2 for Eu traders.
Spread
BTC 1%, ETH 1%
Coins
BCH, BTC, ETH, LTC, XRP
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