Questrade vs Saxo Bank

Questrade vs Saxo Bank Comparison Table 2021
Questrade Saxo Bank
Questrade is an online brokerage providing self-investing and trading products. 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
Awards
#1 Investor Satisfaction 2020 - J.D. Power's Self Directed Investor Satisfaction Study
Seal of Service Excellence 2019 - DALBAR
Bonus
5 commission-free trades None
Instruments
Forex, CFDs, indices, shares, precious metals, mutual bonds, options, warrants, GICs, ETFs Forex, CFDs, indices, shares, commodities, cryptocurrencies, futures, options, bonds, ETFs
Demo Account
Yes Yes
Minimum Deposit
$1,000 $10000
Payment Methods
Visa Credit Card, JCB Card, Mastercard, Visa, Wire Transfer
Minimum Trade
0.01 lots Vary by asset
Regulator
IIROC Danish FSA, FCA and Others
Margin Trading
No No
Margin Rate
MetaTrader 4
No No
MetaTrader 5
No No
cTrader
No No
STP Account
No No
ECN Account
No Yes
DMA Account
No No
Mobile Apps
Yes SaxoTraderGo (iOS, Android, Windows)
Auto Trading
No No
Trade Signals
Yes Yes
Social Trading
No No
Copy Trading
No No
Islamic Account
No Yes
Account Currencies
- USD, EUR, GBP, CAD, AUD, JPY, SEK, DKK, CHF
CFD
Trade CFDs in online financial markets.
Leverage
1:3.33 1:30
FTSE Spread
N/A 1.2 pts (Variable)
GBPUSD Spread
2 0.7 (var)
Oil Spread
0.05 0.03
Stocks Spread
1 cent per share 0.10% (subject to min commission)
Forex
Trade on FX pairs with spreads from 0.8 pips.
GBPUSD Spread
2 0.7 (varies by region)
EURUSD Spread
1.9 0.2 (varies by region)
EURGBP Spread
2.1 0.6 (varies by region)
Assets
110+ 40+