Saxo Bank vs LCG

Saxo Bank vs LCG Comparison Table 2021
Saxo Bank LCG
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.
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted
Bonus
None None
Instruments
Forex, CFDs, indices, shares, commodities, cryptocurrencies, futures, options, bonds, ETFs Stocks, Futures, CFD, Forex
Demo Account
Yes Yes
Minimum Deposit
$10000 0 $/€/£
Payment Methods
Credit Card, Mastercard, Visa, Wire Transfer
Minimum Trade
Vary by asset Lots vary by asset
Regulator
Danish FSA, FCA and Others FCA
Margin Trading
No ?
Margin Rate
MetaTrader 4
No Yes
MetaTrader 5
No ?
cTrader
No ?
STP Account
No ?
ECN Account
Yes ?
DMA Account
No ?
Mobile Apps
SaxoTraderGo (iOS, Android, Windows)
Auto Trading
? ?
Trade Signals
Yes ?
Social Trading
No ?
Copy Trading
No ?
Islamic Account
Yes No
Account Currencies
USD, EUR, GBP, CAD, AUD, JPY, SEK, DKK, CHF -
CFD
Leverage
1:30 1:30 Var
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
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+