PrimeXBT vs Saxo Bank

PrimeXBT vs Saxo Bank Comparison Table 2022
PrimeXBT Saxo Bank
PrimeXBT is a Bitcoin-based platform offering highly leveraged trading in FX, indices, commodities, & cryptocurrencies. 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 not accepted
United States Flag Traders from US not accepted
Bonus
None None
Instruments
Forex, indices, commodities, cryptocurrencies Forex, CFDs, indices, shares, commodities, cryptocurrencies, futures, options, bonds, ETFs
Demo Account
No Yes
Minimum Deposit
0.001 BTC $10000
Payment Methods
Bitcoin Payments Credit Card, JCB Card, Mastercard, Visa, Wire Transfer
Minimum Trade
0.01 contract Vary by asset
Regulator
Unregulated DFSA, MAS, FCA, SFC
Margin Trading
No No
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 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
- -
Trade Signals
No Yes
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Social Trading
Yes No
Copy Trading
Yes No
Islamic Account
No Yes
Account Currencies
- 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
Trade on close to 20 currency pairs, including crypto pairs. 'Covest' and follow experienced traders.
GBPUSD Spread
Variable 0.7 (varies by region)
EURUSD Spread
Variable 0.2 (varies by region)
EURGBP Spread
Variable 0.6 (varies by region)
Assets
18 40+
Cryptocurrency
Trade on popular cryptocurrency coins with an award winning trading platform. Leverage up to 1:100 subject to regulation. Crypto trading not offered
Spread
0.05% BTC, 0.05% ETH
Coins
BTC, LTC, ETH, XRP, EOS
Crypto Lending
No No
Crypto Mining
No No
Auto Market Maker
No No
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