Saxo Bank vs FXCentrum

Saxo Bank vs FXCentrum Comparison Table 2022
Saxo Bank FXCentrum
WINNER
FXCentrum 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 FXCentrum offers welcome deposit bonuses plus STP and ECN trade execution. Three trading platforms, mobile apps and copy trading are also available.
Promotions

FXCentrum: 100% First Deposit Bonus

Bonus
$160 no deposit bonus
Instruments
Forex, CFDs, indices, shares, commodities, cryptocurrencies, futures, options, bonds, ETFs Stocks, CFD, Forex, ETFs, Volatility Index
Demo Account
Yes Yes
Minimum Deposit
$10000 $10
Payment Methods
Minimum Trade
Vary by asset 0.1 lots
Regulator
DFSA, MAS, FCA, SFC SFSA
Margin Trading
No Yes
MetaTrader 4
No No
MetaTrader 5
No Yes
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 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 No
Robo Advisor
No No
Negative Balance Protection
No Yes
Market Maker
No No
P2P Trading
No No
Spot Trading
Yes Yes
Mobile Apps
SaxoTraderGo (iOS, Android, Windows) iOS & Android
Auto Trading
Yes - EAs
Copy Trading
No Yes
Copy Trading Platform
Copy trading via the award-winning ZuluTrade platform. Over 100,000 registered users and master traders.
Social Trading
No Yes
Trade Signals
Yes Yes
VPS Hosting
No No
Tournaments
No Yes
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Islamic Account
Yes Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • JPY
  • SEK
  • DKK
  • CHF
  • USD
  • EUR
Stock Exchanges
Commodities
CFD Trading
Leveraged CFD trading with a choice of floating or fixed spread accounts
Leverage
1:30 1:1000
FTSE Spread
1.2 pts (Variable) 2.0
GBPUSD Spread<
0.7 (var) 0.4
Oil Spread
0.03 0.05
Stocks Spread
0.10% (subject to min commission) Variable
Forex Trading
Speculate on major, minor and exotic currency pairs with leverage up to 1:000
GBPUSD Spread
0.7 (varies by region) 0.4
EURUSD Spread
0.2 (varies by region) 0.2
EURGBP Spread
0.6 (varies by region) 0.5
Assets
40+ 50+
More Comparisons
Saxo Bank vs FXCentrum vs