Saxo Bank vs IC Markets

Saxo Bank vs IC Markets Comparison Table 2022
Saxo Bank IC Markets
Not Yet Rated
United States Flag Traders from US not accepted
4.8
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 Trade Forex on 0.0 pip spreads with the world's leading True Raw forex broker - IC Markets.
Awards
Best Forex Broker 2022 - DayTrading.com
Best Overall Broker 2020 - DayTrading.com
Best Trading App 2020 - DayTrading.com
Bonus
None None
Instruments
Forex, CFDs, indices, shares, commodities, cryptocurrencies, futures, options, bonds, ETFs Futures, CFD, Forex, Crypto, REITs, Volatility Index
Demo Account
Yes Yes
Minimum Deposit
$10000 $200
Payment Methods
Credit Card, JCB Card, Mastercard, Visa, Wire Transfer BPAY, Credit Card, FasaPay, Giropay, Mastercard, Neteller, PayPal, POLi, QIWI, Rapid Transfer, Skrill, UnionPay, Visa, Wire Transfer, Yandex Money
Minimum Trade
Vary by asset 0.01 Lots
Regulator
DFSA, MAS, FCA, SFC ASIC, CySec, FSA
Margin Trading
No No
MetaTrader 4
No Yes
MetaTrader 5
No Yes
cTrader
No Yes
STP Account
No No
ECN Account
Yes No
DMA Account
No Yes
MAM Account
No Yes
PAMM Account
No Yes
LAMM Account
No Yes
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
No No
Market Maker
No No
P2P Trading
No No
Spot Trading
Yes Yes
Mobile Apps
SaxoTraderGo (iOS, Android, Windows) iOS, Android and Windows
Auto Trading
- Yes, via EQUINIX NY 4
Trade Signals
Yes Yes (Via Robot Feature)
VPS Hosting
No Yes
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Social Trading
No No
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, CHF
CFD
Leverage
1:30 ASIC and CySEC -1:30, FSA - 1:500
FTSE Spread
1.2 pts (Variable) 1 pt
GBPUSD Spread
0.7 (var) 0.5 pips
Oil Spread
0.03 1 pt
Stocks Spread
0.10% (subject to min commission)
Forex
Trade Forex on 0.0 pip spreads with one of the world's leading forex brokers - IC Markets. Great choice for serious traders. ASIC regulated.
GBPUSD Spread
0.7 (varies by region) 0.5 pips
EURUSD Spread
0.2 (varies by region) 0.1 pips
EURGBP Spread
0.6 (varies by region) 0.5 pips
Assets
40+ 56+
Cryptocurrency
Crypto trading not offered IC Markets offer a diverse range of cryptos, with super small spreads. They also offer many cryptocurrencies not available elsewhere, without the need of a virtual wallet.
Spread
BTC 0.4%, ETH 1%
Coins
BTC, BCH, ETH, LTC, DASH, XRP, EOS, EMC, NMC, PPC
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
- No
Auto Market Maker
No No
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