Saxo Bank vs Interactive Brokers

Saxo Bank vs Interactive Brokers Comparison Table 2021
Saxo Bank Interactive Brokers
A regulated bank, Saxobank offer Equities and Forex trading on 40,000+ markets via the SaxoTrader Pro and SaxoTrader Go platforms IB Boast a huge market share of global trading. With a minimum deposit of $10,000 however, they remain an option for larger traders only.
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, Futures, E-minis, Options, CFD, Forex, Crypto
Demo Account
Yes Yes
Minimum Deposit
$10000 $10000
Payment Methods
Credit Card, Mastercard, Visa, Wire Transfer Apple Pay, Cheque, Credit Card, Google Pay, Mastercard, Samsung Pay
Minimum Trade
Vary by asset $100
Regulator
Danish FSA, FCA and Others SEC, FCA
MetaTrader 4
No No
MetaTrader 5
No No
cTrader
No No
STP Account
No Yes
ECN Account
Yes No
DMA Account
No Yes
Mobile Apps
SaxoTraderGo (iOS, Android, Windows) iOS, Android and Windows
Auto Trading
No No
Trade Signals
Yes No
Social Trading
No No
Copy Trading
No No
Islamic Account
Yes No
Account Currencies
USD, EUR, GBP, CAD, AUD, JPY, CHF USD, EUR, GBP, CAD, AUD, JPY, NOK, CHF
CFD
Leverage
1:30 1:50 Var
FTSE Spread
1.2 pts (Variable) 0.005% (£1 Min)
GBPUSD Spread
0.7 (var) Commission (.20 pts x trade value)
Oil Spread
0.03 N/A
Stocks Spread
0.10% (subject to min commission) From 0.003 per share, variable
Forex
GBPUSD Spread
0.7 (varies by region) Commission (.20 pts x trade value)
EURUSD Spread
0.2 (varies by region) Commission (.20 pts x trade value)
EURGBP Spread
0.6 (varies by region) Commission (.20 pts x trade value)
Assets
40+ 70+
Cryptocurrency
Crypto trading not offered
Spread
Coins
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