Saxo Bank vs Admiral Markets

Saxo Bank vs Admiral Markets Comparison Table 2023
Saxo Bank	Admiral Markets
Review 4	Review 3.5
Traders from US not accepted	Traders from US not accepted
Saxo is a multi-award-winning trading brokerage, investment firm and regulated bank. With a huge 72,000+ trading instruments, plus investment products and managed portfolios, clients have no shortage of opportunities. The trusted brand also offers transparent pricing and top-tier regulatory protection from 10+ agencies including FINMA, FCA & ASIC.	Admiral Markets is leading Forex and CFD broker offering the MT4 & MT5 platforms, low fees and extensive educational tools.
66% of retail accounts lose money.
Comment by Reviewer
"Saxo is best for active traders and advanced investors with an unrivalled selection of instruments alongside premium market research and fee rebates. The 190 currency pairs with tight spreads also make Saxo great for forex traders."
Pros
Powerful proprietary trading platforms with comprehensive charting packages and advanced analysis tools High-level research hub with curated market reports, plus unique insights with 'Outrageous Predictions' Excellent educational resources including podcasts, webinars and expert-led video insights Access to comprehensive third-party analysis tools including TradingView and Updata Highly accessible and flexible ISA account with no entry or exit fees Heavily regulated and trustworthy brand based in Switzerland Low fees with premium account tiers	Demo account MT4 integration Copy trading Low minimum deposit Good execution speed Full range of investments
Cons
High deposit requirements for trading accounts Access to Level 2 pricing requires a subscription Clients from some jurisdictions not accepted including the US and Belgium	Inactivity fee US traders not accepted
Awards
	Best Education & Training (Germany) - 2020 Best Forex Broker (Spain) - 2020 Best Forex Company - 2019
Instruments
Forex, CFDs, indices, shares, commodities, cryptocurrencies, futures, options, warrants, bonds, ETFs	Forex, CFDs, indices, shares, commodities, cryptocurrencies, ETFs, bonds, spread betting
Demo Account
Yes	Yes
Minimum Deposit
	$100
Payment Methods
Credit Card JCB Card Mastercard TransferWise Visa Wire Transfer	Credit Card iDeal Klarna Mastercard Neteller PayPal POLi Skrill Sofort Swift Wire Transfer
Minimum Trade
Vary by asset	0.01 lots
Regulator
DFSA, MAS, FCA, SFC	FCA, CySEC, ASIC, JSC
Margin Trading
No	Yes
MetaTrader 4
No	Yes
MetaTrader 5
No	Yes
cTrader
No	No
AlgoTrader
No	No
OmniTrader
No	No
TradingView
Yes	No
Autochartist
No	No
eSignal
No	No
Trading Central
No	Yes
STP Account
No	Yes
ECN Account
Yes	No
DMA Account
No	Yes
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	Yes
Market Maker
No	No
P2P Trading
No	No
Spot Trading
Yes	No
Mobile Apps
SaxoTraderGo (iOS, Android, Windows)	Yes
Auto Trading
	EAs
Copy Trading
No	Yes
Copy Trading Platform
	Admiral Markets offers an intuitive copy trading solution where subscribers can mirror the strategies of proven investors while setting their own stop loss and take profit limits in line with their risk appetite.
Social Trading
No	Yes
Trade Signals
Yes	Yes (MetaQuotes)
VPS Hosting
No	Yes
Tournaments
No	No
Demo Competitions
No	No
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Inactivity Fee
	$10
Islamic Account
Yes	Yes
Account Currencies
USD EUR GBP CAD AUD JPY SEK DKK CHF	USD EUR GBP SEK CHF CZK
Stock Exchanges
London Stock Exchange New York Stock Exchange S&P 500 Shenzhen Stock Exchange Toronto Stock Exchange	Australian Securities Exchange Bombay Stock Exchange CAC 40 Index France DAX GER 40 Index Dow Jones Euronext FTSE UK Index Hang Seng Hong Kong Stock Exchange IBEX 35 Nasdaq Nasdaq Nordic & Baltics Shanghai Stock Exchange SIX Swiss Exchange
Commodities
Copper Corn Gold Natural Gas Oil Silver	Cocoa Copper Cotton Gold Lithium Natural Gas Nickel Orange Juice Platinum Silver Sugar
CFD Trading
Trade 8,900+ CFDs spanning forex, stocks, indices, commodities, options and bonds with powerful tools and signals.	CFDs are available on thousands of markets, including forex, indices, shares, and commodities
Leverage
1:30	1:30, 1:500 (non-EU)
FTSE Spread
1.2 pts (Variable)	0.8
GBPUSD Spread
0.7 (var)	1.3
Oil Spread
0.03	0.03
Stocks Spread
0.10% (subject to min commission)	0.5
Forex Trading
Get tier 1 liquidity on an impressive range of 189 currency pairs and spot metals, plus 130 forwards, from 0.4 pips.	50 currency pairs are available, including majors, minors, and exotics
GBPUSD Spread
0.7 (varies by region)	1
EURUSD Spread
0.2 (varies by region)	0.6
EURGBP Spread
0.6 (varies by region)	1
Assets
40+	50
Currency Indices
	USD
Cryptocurrency
Trade cryptos against major fiat currencies or take a longer-term view with ETNs.	Trading is available on crypto cross pairs and crypto pairs with fiat currencies
Spread
Variable	1%
Coins
BTC ETH LTC XRP XTZ SOL ADA DOT	BTC BCH DSH EOS ETC ETH LTC XLM XMR XRP ZEC
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

Review	Review
66% of retail accounts lose money.
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