Saxo Bank vs M1 Finance

Saxo Bank vs M1 Finance Comparison Table 2021
Saxo Bank M1 Finance
A regulated bank, Saxobank offer Equities and Forex trading on 40,000+ markets via the SaxoTrader Pro and SaxoTrader Go platforms M1 Finance offers customizable and automated trading services for US investors.
United States Flag Traders from US not accepted
United States Flag Traders from US accepted
Bonus
None $4,000 switching bonus
Instruments
Forex, CFDs, indices, shares, commodities, cryptocurrencies, futures, options, bonds, ETFs Stocks, ETFs, funds
Demo Account
Yes Yes
Minimum Deposit
$10000 $100
Payment Methods
Credit Card, JCB Card, Mastercard, Visa, Wire Transfer Wire Transfer
Minimum Trade
Vary by asset $1
Regulator
Danish FSA, FCA and Others FINRA, SEC
Margin Trading
No Yes
Margin Rate
2 - 3.5%
MetaTrader 4
No No
MetaTrader 5
No No
cTrader
No No
STP Account
No No
ECN Account
Yes No
DMA Account
No No
Mobile Apps
SaxoTraderGo (iOS, Android, Windows) Yes
Auto Trading
No Yes
Trade Signals
Yes No
Social Trading
No No
Copy Trading
No No
Islamic Account
Yes No
Account Currencies
USD, EUR, GBP, CAD, AUD, JPY, SEK, DKK, CHF -
CFD
CFD trading not offered
Leverage
1:30
FTSE Spread
1.2 pts (Variable)
GBPUSD Spread
0.7 (var)
Oil Spread
0.03
Stocks Spread
0.10% (subject to min commission)
Forex
Forex trading not offered
GBPUSD Spread
0.7 (varies by region)
EURUSD Spread
0.2 (varies by region)
EURGBP Spread
0.6 (varies by region)
Assets
40+