Saxo Bank vs CommSec

Saxo Bank vs CommSec Comparison Table 2022
Saxo Bank CommSec
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 CommSec is a top Australian retail broker offering a suite of trading tools & products.
Awards
Innovation Excellence 2020 - Canstar
Bonus
None None
Instruments
Forex, CFDs, indices, shares, commodities, cryptocurrencies, futures, options, bonds, ETFs Shares, Options, ETFs, Warrants, Fixed Income Securities
Demo Account
Yes No
Minimum Deposit
$10000 $500
Payment Methods
Credit Card, JCB Card, Mastercard, Visa, Wire Transfer Credit Card, PayID, Wire Transfer
Minimum Trade
Vary by asset 0.01 lots
Regulator
DFSA, MAS, FCA, SFC ASIC
Margin Trading
No No
MetaTrader 4
No No
MetaTrader 5
No No
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
Yes No
Autochartist
No -
eSignal
No -
Trading Central
No -
STP Account
No No
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 No
Market Maker
No No
P2P Trading
No No
Spot Trading
Yes No
Mobile Apps
SaxoTraderGo (iOS, Android, Windows) Yes
Auto Trading
- -
Trade Signals
Yes -
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Social Trading
No No
Copy Trading
No No
Islamic Account
Yes No
Account Currencies
USD, EUR, GBP, CAD, AUD, JPY, SEK, DKK, CHF USD, EUR, GBP, AUD
Stock Exchanges
London Stock Exchange, New York Stock Exchange, Shenzhen Stock Exchange London Stock Exchange, New York Stock Exchange
CFD
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
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+
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