Saxo Bank vs Interactive Brokers
Saxo Bank | Interactive Brokers |
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4
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4.3
Interactive Brokers is #12 in our CFD broker rankings. |
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Saxo is a multi-award-winning trading brokerage, investment firm and regulated bank. With a huge 72,000+ trading instruments, plus investment products and managed portfolios, clients have no shortage of opportunities. The trusted brand also offers transparent pricing and top-tier regulatory protection from 10+ agencies including FINMA, FCA & ASIC. |
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. |
66% of retail accounts lose money. | |
Pros | |
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Cons | |
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Instruments | |
Forex, CFDs, indices, shares, commodities, cryptocurrencies, futures, options, warrants, bonds, ETFs | Stocks, Futures, E-minis, Options, CFD, Forex, Crypto, Exchange Linked Warrants |
Demo Account | |
Yes | Yes |
Minimum Deposit | |
$10000 | |
Payment Methods | |
Minimum Trade | |
Vary by asset | $100 |
Regulator | |
DFSA, MAS, FCA, SFC | SEC, FCA, IIROC, SFC |
Margin Trading | |
No | Yes |
Margin Rate | |
1.55 - 2.59% | |
MetaTrader 4 | |
No | No |
MetaTrader 5 | |
No | No |
cTrader | |
No | No |
AlgoTrader | |
No | Yes |
OmniTrader | |
No | Yes |
TradingView | |
Yes | No |
Autochartist | |
No | No |
eSignal | |
No | Yes |
Trading Central | |
No | Yes |
STP Account | |
No | Yes |
ECN Account | |
Yes | No |
DMA Account | |
No | Yes |
MAM Account | |
No | Yes |
PAMM Account | |
No | No |
LAMM Account | |
No | No |
Demat Account | |
No | No |
AI / Machine Learning | |
No | Yes |
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 |
Copy Trading | |
No | No |
Social Trading | |
No | No |
Trade Signals | |
Yes | |
VPS Hosting | |
No | No |
Tournaments | |
No | No |
Demo Competitions | |
No | No |
Ethical Investing | |
No | No |
Custodial Account | |
No | No |
Guaranteed Stop Loss | |
No | No |
Inactivity Fee | |
0 | |
Islamic Account | |
Yes | No |
Account Currencies | |
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Stock Exchanges | |
Commodities | |
CFD Trading | |
Trade 8,900+ CFDs spanning forex, stocks, indices, commodities, options and bonds with powerful tools and signals. | |
Leverage | |
1:30 | 1:50 |
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 Trading | |
Get tier 1 liquidity on an impressive range of 189 currency pairs and spot metals, plus 130 forwards, from 0.4 pips. | |
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 | |
Trade cryptos against major fiat currencies or take a longer-term view with ETNs. | |
Spread | |
Variable | |
Coins | |
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Crypto Lending | |
No | No |
Crypto Mining | |
No | No |
Crypto Staking | |
No | No |
Auto Market Maker | |
No | No |
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66% of retail accounts lose money. | |
More Comparisons | |
Saxo Bank vs |
Interactive Brokers vs |