Saxo Bank vs Admiral Markets

Saxo Bank vs Admiral Markets Comparison Table 2024
Saxo Bank	Admiral Markets
Review 4	Review 3.5

Saxo Markets 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.	Admirals is an FCA- and ASIC-regulated broker with an excellent range of leveraged instruments, including forex, stocks, indices, ETFs, commodities, cryptos and more. The broker supports the MetaTrader 4, MetaTrader 5 and TradingCentral platforms. With both spread betting and CFDs available and thousands of instruments, this broker provides more flexibility than most rivals.
Customer Reviews
4 Based on 1 Saxo Bank customer reviews
Comment by Reviewer
"Saxo is best for active traders and high-volume 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."	"Admirals is a good pick for novice-to-intermediate traders that want a trustworthy, regulated broker with access to a wide range of markets with tight spreads and no commission."
Pros
Powerful proprietary trading platforms with comprehensive charting packages and advanced analysis tools High-level research hub with curated market research, 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 The ISA account is highly accessible and flexible with no entry or exit fees Heavily regulated and trustworthy brand based in Switzerland Low fees with premium account tiers	Low minimum deposit from $100 MetaTrader 4 platform and app integration Copy trading service with easy account controls Full range of investments including cryptos and spread betting Demo account to test the broker before real-money trading Admirals is a multi-regulated broker with a long list of industry awards and accolades Tight spreads and low to zero commissions mean Admiral Markets is a good option for active traders The low minimum deposit, fractional shares and easy three-step account registration process will appeal to beginners
Cons
High funding requirements for the trading accounts Access to Level 2 pricing requires a subscription Clients from some jurisdictions not accepted including the US and Belgium	Monthly inactivity fee US traders not accepted The demo account expires after 30 days
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
Trading Platforms
TradingView	MT4 MT5 TradingCentral
Payment Methods
Credit Card Mastercard 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
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
	Expert Advisors (EAs) on MetaTrader
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 (ASX) 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.	Trade CFDs on forex, stocks, indices, commodities, ETFs, bonds and cryptocurrencies with variable leverage up to 1:30. The broker provides great value to traders with six free trades per day on US, UK and European stocks, tight spreads on forex and low commissions on ETFs.
Leverage
1:30	1:30 (EU), 1:500 (Global)
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
Tier 1 liquidity on an impressive range of 189 currency pairs and spot metals, plus 130 forwards, from 0.4 pips.	Trade 80+ major, minor and exotic forex pairs. This is a very competitive range of currency pairs with 50+ exotics to choose from, and traders will benefit from fast execution and support from extra features including a pip calculator. The MetaTrader 4 software was also designed for online forex trading.
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.	Trade 42 crypto CFDs including 10 crypto cross pairs and 32 fiat pairs with USD and EUR. This is a very competitive offering for a CFD broker that gives diverse and flexible trading options.
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

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