Saxo Bank vs FP Markets

Saxo Bank vs FP Markets Comparison Table 2021
Saxo Bank FP Markets
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.
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted
Awards
Best Global Forex Value Broker 2019 - Global Forex Awards
Best Quality of Trade Execution 2019 - Investment Trends
Bonus
None None
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
Credit Card, JCB Card, Mastercard, Visa, Wire Transfer BPAY, Credit Card, FasaPay, Neteller, PayPal, POLi, Skrill, Visa, Wire Transfer
Minimum Trade
Vary by asset 0.01 lots
Regulator
Danish FSA, FCA and Others ASIC, CySEC
Margin Trading
No No
Margin Rate
MetaTrader 4
No Yes
MetaTrader 5
No Yes
cTrader
No No
STP Account
No Yes
ECN Account
Yes Yes
DMA Account
No Yes
Mobile Apps
SaxoTraderGo (iOS, Android, Windows) Yes
Auto Trading
No Yes
Trade Signals
Yes No
Social Trading
No Yes
Copy Trading
No Yes
Islamic Account
Yes Yes
Account Currencies
USD, EUR, GBP, CAD, AUD, JPY, SEK, DKK, CHF USD, EUR, GBP, CAD, AUD, JPY, TRY, CHF
CFD
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
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