Saxo Bank vs FP Markets

Saxo Bank vs FP Markets Comparison Table 2022
Saxo Bank FP Markets
WINNER
FP Markets 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 FP Markets is a multi-asset broker offering a choice of trading platforms.
Awards
  • Best Global Forex Value Broker 2019 - Global Forex Awards
  • Best Quality of Trade Execution 2019 - Investment Trends
Instruments
Forex, CFDs, indices, shares, commodities, cryptocurrencies, futures, options, bonds, ETFs Forex, CFDs, indices, shares, commodities, cryptocurrencies
Demo Account
Yes Yes
Minimum Deposit
$10000 $100
Payment Methods
Minimum Trade
Vary by asset 0.01 lots
Regulator
DFSA, MAS, FCA, SFC ASIC, CySEC, ESMA
Margin Trading
No No
MetaTrader 4
No Yes
MetaTrader 5
No Yes
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
Yes No
Autochartist
No Yes
eSignal
No No
Trading Central
No No
STP Account
No Yes
ECN Account
Yes Yes
DMA Account
No Yes
MAM Account
No Yes
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 Yes
P2P Trading
No No
Spot Trading
Yes Yes
Mobile Apps
SaxoTraderGo (iOS, Android, Windows) Yes
Auto Trading
Yes
Copy Trading
No Yes
Copy Trading Platform
FP Markets Social Trading app allows for the straightforward mirroring of established traders with an easy-to-follow ranking system.
Social Trading
No Yes
Trade Signals
Yes
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No
Guaranteed Stop Loss
No
Inactivity Fee
0
Islamic Account
Yes Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • JPY
  • SEK
  • DKK
  • CHF
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • JPY
  • TRY
  • CHF
  • PLN
  • CZK
Stock Exchanges
CFD Trading
Trade thousands of CFDs across a range of markets with up to 1:500 leverage.
Leverage
1:30 1:500
FTSE Spread
1.2 pts (Variable) 0.31
GBPUSD Spread<
0.7 (var) 0.49
Oil Spread
0.03 0.03
Stocks Spread
0.10% (subject to min commission) Variable
Forex Trading
Trade on dozens of forex pairs with low spreads.
GBPUSD Spread
0.7 (varies by region) 0.49
EURUSD Spread
0.2 (varies by region) 0.09
EURGBP Spread
0.6 (varies by region) 0.61
Assets
40+ 60+
Cryptocurrency
Crypto trading not offered Trade a handful of leading cryptocurrency coins against the US Dollar.
Spread
Floating
Coins
  • BTC
  • BCH
  • LTC
  • ETH
  • RPL
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
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