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Saxo Bank vs LCG

Saxo Bank vs LCG Comparison Table 2023
Saxo Bank LCG
WINNER
Saxo Bank is the better broker
Review
United States Flag Traders from US not accepted
Review
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 London Capital Group provide trading on 7000+ markets over 9 asset classes. Spreads are competitive but active traders may have better broker options elsewhere.
75% of retail accounts lose money.
Instruments
Forex, CFDs, indices, shares, commodities, cryptocurrencies, futures, options, bonds, ETFs Stocks, Futures, CFD, Forex
Demo Account
Yes Yes
Minimum Deposit
0 $/€/£
Payment Methods
Minimum Trade
Vary by asset Lots vary by asset
Regulator
DFSA, MAS, FCA, SFC FCA
Margin Trading
No No
MetaTrader 4
No Yes
MetaTrader 5
No No
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 No
ECN Account
Yes No
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 No
Market Maker
No No
P2P Trading
No No
Spot Trading
Yes No
Mobile Apps
SaxoTraderGo (iOS, Android, 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
Islamic Account
Yes No
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • JPY
  • SEK
  • DKK
  • CHF
Stock Exchanges
Commodities
CFD Trading
Leverage
1:30 1:30
FTSE Spread
1.2 pts (Variable) 1 pt
GBPUSD Spread<
0.7 (var) 0.5 pips
Oil Spread
0.03 3 pips (Variable)
Stocks Spread
0.10% (subject to min commission) 0.3% Var
Forex Trading
GBPUSD Spread
0.7 (varies by region) 0.5 pips
EURUSD Spread
0.2 (varies by region) 0.3 pips
EURGBP Spread
0.6 (varies by region) 0.4 pips
Assets
40+ 60+
Review
Review
75% of retail accounts lose money.
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