Passfolio vs Saxo Bank

Passfolio vs Saxo Bank Comparison Table 2022
Passfolio Saxo Bank
Passfolio is a regulated American stockbroker that boasts cryptocurrency trading and a range of US markets. 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 accepted
United States Flag Traders from US not accepted
Bonus
None None
Instruments
Stocks, Crypto, ETFs Forex, CFDs, indices, shares, commodities, cryptocurrencies, futures, options, bonds, ETFs
Demo Account
No Yes
Minimum Deposit
$1 $10000
Payment Methods
Bitcoin Payments, Credit Card, Debit Card, Mastercard, PIX Payment, Visa, Wire Transfer Credit Card, JCB Card, Mastercard, Visa, Wire Transfer
Minimum Trade
N/A Vary by asset
Regulator
SEC, FINRA DFSA, MAS, FCA, SFC
Margin Trading
Yes No
Margin Rate
8%
MetaTrader 4
No 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
Yes Yes
Mobile Apps
iOS & Android SaxoTraderGo (iOS, Android, Windows)
Auto Trading
- -
Trade Signals
- 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 USD, EUR, GBP, CAD, AUD, JPY, SEK, DKK, CHF
CFD
CFD trading not offered
Leverage
1:30
FTSE Spread
1.2 pts (Variable)
GBPUSD Spread
0.7 (var)
Oil Spread
0.03
Stocks Spread
0.10% (subject to min commission)
Forex
Forex trading not offered
GBPUSD Spread
0.7 (varies by region)
EURUSD Spread
0.2 (varies by region)
EURGBP Spread
0.6 (varies by region)
Assets
40+
Cryptocurrency
Passfolio offers cryptocurrency trading with over 30 tokens on its proprietary platform. Crypto trading not offered
Spread
Coins
BTC, ETH, LTC, BCH, ZEC, FIL, ZRX, AAVE, AMP, BAT, BAL, LINK, COMP, CRV, DAI, MANA, KNC, MKR, OXT, PAXG, REN, STORJ, SNX, UMA, UNI, YFI, BNT, 1INCH, LRC, SAND, SKL, GRT, ENJ, ALCX, ANKR, BOND, FTM, INJ, LPT, MIR, MATIC, CUBE, SUSHI
Crypto Lending
No No
Crypto Mining
No No
Auto Market Maker
No No
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