Saxo Bank vs eToro

Saxo Bank vs eToro Comparison Table 2022
Saxo Bank eToro
A regulated bank, Saxobank offer Equities and Forex trading on 40,000+ markets via the SaxoTrader Pro and SaxoTrader Go platforms eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.
United States Flag Traders from US not accepted
United States Flag Traders from US accepted
Bonus
None None
Instruments
Forex, CFDs, indices, shares, commodities, cryptocurrencies, futures, options, bonds, ETFs Stocks, CFD, Forex, Crypto, ETFs
Demo Account
Yes Yes
Minimum Deposit
$10000 $200 ($50 in US, $10 in UK)
Payment Methods
Credit Card, JCB Card, Mastercard, Visa, Wire Transfer Apple Pay, BPAY, Debit Card, Diners Club, Dragonpay, JCB Card, Neteller, PayPal, Perfect Money, Rapid Transfer, Skrill, Swift, UnionPay, Venmo, Visa, Webmoney, Wire Transfer, Yandex Money
Minimum Trade
Vary by asset $1
Regulator
DFSA, MAS, FCA, SFC FCA, CySEC
Margin Trading
No Yes
MetaTrader 4
No No
MetaTrader 5
No No
cTrader
No No
STP Account
No Yes
ECN Account
Yes Yes
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 Yes
Negative Balance Protection
No Yes
Market Maker
No Yes
P2P Trading
No No
Spot Trading
Yes Yes
Mobile Apps
SaxoTraderGo (iOS, Android, Windows) iOS, Android and Windows
Auto Trading
- Automate your trades via Copy Trading - Follow profitable traders. Open and close trades automatically when they do.
Trade Signals
Yes via Copy Trading
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No Yes
Social Trading
No Yes
Copy Trading
No Yes
Islamic Account
Yes Yes
Account Currencies
USD, EUR, GBP, CAD, AUD, JPY, SEK, DKK, CHF USD
CFD
Leverage
1:30 1:30 EU, 1:100
FTSE Spread
1.2 pts (Variable) 1 pt
GBPUSD Spread
0.7 (var) 2 pips
Oil Spread
0.03 5 pts
Stocks Spread
0.10% (subject to min commission) 0.24% Var
Forex
GBPUSD Spread
0.7 (varies by region) 2 pips
EURUSD Spread
0.2 (varies by region) 1 pips
EURGBP Spread
0.6 (varies by region) 1.5 pips
Assets
40+ 50+
Cryptocurrency
Crypto trading not offered eToro lead the way in Crypto trading. The lowest spreads (from 1% for BTC), their own wallet service and the largest number of Cryptos to trade. FCA Regulated.
Spread
BTC <1%, ETH 2%
Coins
BTC, ETH, BCH, XRP, DASH, LTC, ETC, ADA, MIOTA, XLM, EOS, NEO, ZEC, BNB, VET
Crypto Lending
No No
Crypto Mining
No No
Auto Market Maker
No No
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