Saxo Bank vs BP Prime

Saxo Bank vs BP Prime Comparison Table 2022
Saxo Bank BP Prime
WINNER
Saxo Bank is the better broker
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted
A regulated bank, Saxobank offer Equities and Forex trading on 40,000+ markets via the SaxoTrader Pro and SaxoTrader Go platforms BP Prime offers MT4 trading with fast executions and a mobile app solution.
Awards
  • Forex & CFD Broker of the Year 2018 - Le Fonti Awards
Instruments
Forex, CFDs, indices, shares, commodities, cryptocurrencies, futures, options, bonds, ETFs Forex, CFDs, indices, commodities, cryptocurrencies
Demo Account
Yes Yes
Minimum Deposit
$10000 $5,000
Payment Methods
Minimum Trade
Vary by asset 0.01 lots
Regulator
DFSA, MAS, FCA, SFC FCA
Margin Trading
No
MetaTrader 4
No Yes
MetaTrader 5
No No
cTrader
No No
AlgoTrader
No
OmniTrader
No
TradingView
Yes
Autochartist
No
eSignal
No
Trading Central
No
STP Account
No
ECN Account
Yes No
DMA Account
No No
MAM Account
No
PAMM Account
No
LAMM Account
No
Demat Account
No
AI / Machine Learning
No
Robo Advisor
No
Negative Balance Protection
No
Market Maker
No
P2P Trading
No
Spot Trading
Yes
Mobile Apps
SaxoTraderGo (iOS, Android, Windows) Yes
Auto Trading
Yes
Copy Trading
No No
Social Trading
No No
Trade Signals
Yes
VPS Hosting
No
Tournaments
No
Demo Competitions
No
Ethical Investing
No
Custodial Account
No
Guaranteed Stop Loss
No
Islamic Account
Yes No
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • JPY
  • SEK
  • DKK
  • CHF
Stock Exchanges
Commodities
CFD Trading
Invest in online CFDs with 1:30 leverage.
Leverage
1:30 1:30
FTSE Spread
1.2 pts (Variable) 1.0
GBPUSD Spread<
0.7 (var) 1.4
Oil Spread
0.03 3.8
Stocks Spread
0.10% (subject to min commission) N/A
Forex Trading
Trade two-dozen+ FX pairs with low spreads.
GBPUSD Spread
0.7 (varies by region) 1.4
EURUSD Spread
0.2 (varies by region) 1.4
EURGBP Spread
0.6 (varies by region) 1.4
Assets
40+ 27
Cryptocurrency
Crypto trading not offered Trade cryptocurrencies with 1:10 leverage.
Spread
BTC, LTC, ETH, XRP
Coins
  • Variable
Crypto Lending
No
Crypto Mining
No
Crypto Staking
No
Auto Market Maker
No
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