Saxo Bank vs E-Trade

Saxo Bank vs E-Trade Comparison Table 2022
Saxo Bank E-Trade
United States Flag Traders from US not accepted
United States Flag Traders from US accepted
A regulated bank, Saxobank offer Equities and Forex trading on 40,000+ markets via the SaxoTrader Pro and SaxoTrader Go platforms eTrade provide everything from online day trading accounts to managed investment portfolios and retirement planning
Promotions

Get Up To $3,500 When You Open A New E*Trade Account

Bonus
None Commission Free Trades
Instruments
Forex, CFDs, indices, shares, commodities, cryptocurrencies, futures, options, bonds, ETFs Stocks, Futures, E-minis, Options, CFD
Demo Account
Yes Yes
Minimum Deposit
$10000 $500
Payment Methods
Credit Card, JCB Card, Mastercard, Visa, Wire Transfer Apple Pay, Cheque, Credit Card, PayPal, Western Union
Minimum Trade
Vary by asset $10
Regulator
DFSA, MAS, FCA, SFC SEC
Margin Trading
No No
MetaTrader 4
No Yes
MetaTrader 5
No No
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
Yes No
Autochartist
No No
eSignal
No No
Trading Central
No No
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 Yes
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) iOS, Android and Windows
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 -
Stock Exchanges
London Stock Exchange, New York Stock Exchange, Shenzhen Stock Exchange Chicago Mercantile Exchange
CFD
Leverage
1:30
FTSE Spread
1.2 pts (Variable) N/A
GBPUSD Spread
0.7 (var) N/A
Oil Spread
0.03 0.06 pips
Stocks Spread
0.10% (subject to min commission) 0.2% Var
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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