Saxo Bank vs Avatrade

Saxo Bank vs Avatrade Comparison Table 2022
Saxo Bank Avatrade
A regulated bank, Saxobank offer Equities and Forex trading on 40,000+ markets via the SaxoTrader Pro and SaxoTrader Go platforms Leading forex and CFD broker regulated in Ireland, Australia, Canada and South Africa. Avatrade are particularly strong in integration, including MT4
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted
Awards
Best Forex Broker 2019 - DayTrading.com
Best Trading App 2021 - DayTrading.com
Promotions

AvaTrade Offers Education Pack With New Accounts

Bonus
None None
Instruments
Forex, CFDs, indices, shares, commodities, cryptocurrencies, futures, options, bonds, ETFs Stocks, Options, CFD, Forex, Crypto
Demo Account
Yes Yes
Minimum Deposit
$10000 $100
Payment Methods
Credit Card, JCB Card, Mastercard, Visa, Wire Transfer Bitcoin Payments, Credit Card, Debit Card, FasaPay, JCB Card, Mastercard, MoneyGram, Perfect Money, Skrill, Swift, Webmoney, Western Union, Wire Transfer
Minimum Trade
Vary by asset $1
Regulator
DFSA, MAS, FCA, SFC CBoI, ASIC, FSB, ESMA
Margin Trading
No Yes
MetaTrader 4
No Yes
MetaTrader 5
No Yes
cTrader
No No
STP Account
No Yes
ECN Account
Yes Yes
DMA Account
No Yes
MAM Account
No Yes
PAMM Account
No Yes
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 Yes
P2P Trading
No No
Spot Trading
Yes Yes
Mobile Apps
SaxoTraderGo (iOS, Android, Windows) iOS and Android
Auto Trading
- Avatrader make auto trading easy with API integration into numerous platforms including MetaTrader4, Duplitrade and MQL5
Trade Signals
Yes -
VPS Hosting
No Yes
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Social Trading
No Yes
Copy Trading
No Yes
Islamic Account
Yes Yes
Account Currencies
USD, EUR, GBP, CAD, AUD, JPY, SEK, DKK, CHF USD, EUR, GBP, CAD, AUD
CFD
Leverage
1:30 1:400
FTSE Spread
1.2 pts (Variable) 0.5 pt
GBPUSD Spread
0.7 (var) 1.0 var
Oil Spread
0.03 0.02
Stocks Spread
0.10% (subject to min commission) 0.13 Abv Market
Forex
Avatrade offer 50+ currency pairs and their spreads are some of the best among any broker. They are regulated across 5 continents.
GBPUSD Spread
0.7 (varies by region) 1.0 var
EURUSD Spread
0.2 (varies by region) 0.7 var
EURGBP Spread
0.6 (varies by region) 1.7 var
Assets
40+ 40+
Cryptocurrency
Crypto trading not offered Regulated in 5 continents, Avatrade offer a very secure way to access Crypto markets. They offer a great range of Crypto, very tight spreads, and 1:2 leverage. [Not available in Canada]
Spread
BTC 1% ETH 2%
Coins
BCH, BTC, BTG, ETH, LTC, XRP, EOS, DASH
Crypto Lending
No No
Crypto Mining
No No
Auto Market Maker
No No
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