Saxo Bank vs Coinbase

Saxo Bank vs Coinbase Comparison Table 2024
Saxo Bank	Coinbase
Review 4	Review 1.4

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.	Coinbase is a leading cryptocurrency exchange that provides access to 18,000+ crypto assets that can be traded on the marketplace, stored in a wallet or borrowed via the brand's DeFi function. The US-based firm has over 10 million clients and offers educational support to individual traders and tailor-made derivative products for businesses.
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Customer Reviews
4 Based on 1 Saxo Bank customer reviews
Bonus Offer
	£5/$5 in BTC. Terms and Conditions Apply. See Review
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."	"Coinbase is a good option for dedicated crypto investors who want a vast selection of established and low-market-cap tokens. The platform makes it straightforward for new crypto investors to buy and sell Bitcoin in a few clicks."
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	Powerful purpose-built crypto trading platform with backtesting capabilities Well-regarded crypto exchange with thousands of tokens available One of the most trusted brands in the crypto space Fast execution speeds on the trading software Slick app with excellent customer feedback Margin trading available in some countries You can sign up in three quick steps
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	Coinbase trades don't take place anonymously Occasional bugs have caused issues on the system Lower safety score vs established crypto brokers
Instruments
Forex, CFDs, indices, shares, commodities, cryptocurrencies, futures, options, warrants, bonds, ETFs	Cryptos
Demo Account
Yes	No
Minimum Deposit
	$0
Trading Platforms
TradingView	AlgoTrader
Payment Methods
Credit Card Mastercard Visa Wire Transfer	ACH Transfer Apple Pay Credit Card Debit Card Google Wallet iDeal PayPal Sofort Visa Wire Transfer
Minimum Trade
Vary by asset	0.0001 XBT
Regulator
DFSA, MAS, FCA, SFC	CBoI
Margin Trading
No	Yes
STP Account
No	No
ECN Account
Yes	No
DMA Account
No	No
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	No
Market Maker
No	No
P2P Trading
No	No
Spot Trading
Yes	Yes
Mobile Apps
SaxoTraderGo (iOS, Android, Windows)	Yes
Copy Trading
No	No
Social Trading
No	No
Trade Signals
Yes
VPS Hosting
No	No
Tournaments
No	No
Demo Competitions
No	No
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Inactivity Fee
	$0
Islamic Account
Yes	No
Account Currencies
USD EUR GBP CAD AUD JPY SEK DKK CHF
Stock Exchanges
London Stock Exchange New York Stock Exchange S&P 500 Shenzhen Stock Exchange Toronto Stock Exchange
Commodities
Copper Corn Gold Natural Gas Oil Silver
CFD Trading
Trade 8,900+ CFDs spanning forex, stocks, indices, commodities, options and bonds with powerful tools and signals.	CFD trading not offered
Leverage
1:30
FTSE Spread
1.2 pts (Variable)
GBPUSD Spread
0.7 (var)
Oil Spread
0.03
Stocks Spread
0.10% (subject to min commission)
Forex Trading
Tier 1 liquidity on an impressive range of 189 currency pairs and spot metals, plus 130 forwards, from 0.4 pips.	Forex trading not offered
GBPUSD Spread
0.7 (varies by region)
EURUSD Spread
0.2 (varies by region)
EURGBP Spread
0.6 (varies by region)
Assets
40+
Cryptocurrency
Trade cryptos against major fiat currencies or take a longer-term view with ETNs.	With some 18,000 digital assets available to trade, Coinbase is one of the leading exchanges in the crypto world with a wider selection of tokens than most alternatives. Traders access crypto markets through a powerful platform and can enjoy margin trading in some jurisdictions. Maker and taker fees are low and there are no hidden account charges.
Spread
Variable	BTC 0.1%, ETH 0.1%
Coins
BTC ETH LTC XRP XTZ SOL ADA DOT	BCH BTC ETH LTC XRP IOTA NEO EOS XMR FIL WBTC SHIB BNB
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	Yes
Auto Market Maker
No	No

Review	Review
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