Saxo Bank vs KLMFX

Saxo Bank vs KLMFX Comparison Table 2022
Saxo Bank KLMFX
WINNER
KLMFX is the better broker
United States Flag Traders from US not accepted
United States Flag Traders from US accepted
A regulated bank, Saxobank offer Equities and Forex trading on 40,000+ markets via the SaxoTrader Pro and SaxoTrader Go platforms KLMFX offers traditional assets and markets on the MetaTrader 5 platform.
Awards
  • Best Broker for Experience and Technology 2015
  • Best Broker for Customer Service 2015
  • Best Broker for Analysis and Reports 2014
Bonus
100% deposit bonus
Instruments
Forex, CFDs, indices, shares, commodities, cryptocurrencies, futures, options, bonds, ETFs Forex, stocks, indices, commodities
Demo Account
Yes Yes
Minimum Deposit
$10000 $250
Payment Methods
Minimum Trade
Vary by asset 0.01 lots
Regulator
DFSA, MAS, FCA, SFC
Margin Trading
No
MetaTrader 4
No No
MetaTrader 5
No Yes
cTrader
No No
AlgoTrader
No
OmniTrader
No
TradingView
Yes
Autochartist
No
eSignal
No
Trading Central
No
STP Account
No
ECN Account
Yes No
DMA Account
No No
MAM Account
No
PAMM Account
No
LAMM Account
No
Demat Account
No
AI / Machine Learning
No
Robo Advisor
No
Negative Balance Protection
No
Market Maker
No
P2P Trading
No
Spot Trading
Yes
Mobile Apps
SaxoTraderGo (iOS, Android, Windows) Yes
Auto Trading
Yes
Copy Trading
No No
Social Trading
No No
Trade Signals
Yes Yes
VPS Hosting
No
Tournaments
No
Demo Competitions
No
Ethical Investing
No
Custodial Account
No
Guaranteed Stop Loss
No
Islamic Account
Yes Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • JPY
  • SEK
  • DKK
  • CHF
Stock Exchanges
Commodities
CFD Trading
CFD products with 1:800 leverage is offered.
Leverage
1:30 1:800
FTSE Spread
1.2 pts (Variable) 1.2
GBPUSD Spread<
0.7 (var) 2.4
Oil Spread
0.03 0.3
Stocks Spread
0.10% (subject to min commission) Variable
Forex Trading
KLMFX offers online currency trading on majors, minors and exotics.
GBPUSD Spread
0.7 (varies by region) 2.4
EURUSD Spread
0.2 (varies by region) 1.5
EURGBP Spread
0.6 (varies by region) 2.5
Assets
40+ 44
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