Pepperstone vs Saxo Bank

Pepperstone vs Saxo Bank Comparison Table 2022
Pepperstone Saxo Bank
Pepperstone offers CFD trading to both retail and professional traders. Clients can trade FX, indices, commodities and shares on MT4, MT5 and cTrader platforms. A regulated bank, Saxobank offer Equities and Forex trading on 40,000+ markets via the SaxoTrader Pro and SaxoTrader Go platforms
CFDs and FX are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs.
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted
Awards
Best Forex Broker 2021 - DayTrading.com
Bonus
None None
Instruments
CFD, Forex, Indices, Crypto, Futures, Spread betting Forex, CFDs, indices, shares, commodities, cryptocurrencies, futures, options, bonds, ETFs
Demo Account
Yes Yes
Minimum Deposit
£200 / $200 $10000
Payment Methods
Apple Pay, Credit Card, Debit Card, Mastercard, POLi, QIWI, UnionPay, Visa Credit Card, JCB Card, Mastercard, Visa, Wire Transfer
Minimum Trade
0.01 Lots Vary by asset
Regulator
FCA, ASIC, SCB, DFSA, CMA, BaFin DFSA, MAS, FCA, SFC
Margin Trading
Yes No
MetaTrader 4
Yes No
MetaTrader 5
Yes No
cTrader
Yes No
STP Account
No No
ECN Account
Yes Yes
DMA Account
No No
MAM Account
Yes No
PAMM Account
Yes No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
Yes No
Robo Advisor
No No
Negative Balance Protection
Yes No
Market Maker
Yes No
P2P Trading
No No
Spot Trading
Yes Yes
Mobile Apps
iOS, Android and Windows SaxoTraderGo (iOS, Android, Windows)
Auto Trading
Yes -
Trade Signals
Yes (Via Chartist Software) Yes
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Social Trading
No No
Copy Trading
Yes No
Islamic Account
No Yes
Account Currencies
USD, EUR, GBP, CAD, AUD, JPY, CHF USD, EUR, GBP, CAD, AUD, JPY, SEK, DKK, CHF
CFD
Leverage
1:500 1:30
FTSE Spread
1 pt 1.2 pts (Variable)
GBPUSD Spread
0.38 pips (Via Razor) 0.7 (var)
Oil Spread
0.7 pips 0.03
Stocks Spread
DAX (0.9 pts in main trading session), DOW (1.6 pts in main trading session) 0.10% (subject to min commission)
Forex
Pepperstone offers spreads from 0.0 pips on the Razor account and have almost 61+ pairs available to trade. Lots start at 0.01.
GBPUSD Spread
0.38 pips (Via Razor) 0.7 (varies by region)
EURUSD Spread
0.09 pips (Via Razor) 0.2 (varies by region)
EURGBP Spread
0.49 pips (Via Razor) 0.6 (varies by region)
Assets
180 40+
Cryptocurrency
Pepperstone offers trading on the major Cryptocurrencies via a range of trading platforms. Crypto trading not offered
Spread
BTC $10, ETH $4
Coins
BCH, BTC, ETH, LTC, DASH
Crypto Lending
No No
Crypto Mining
No No
Auto Market Maker
No No
CFDs and FX are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs.
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