Saxo Bank vs Markets.com

Saxo Bank vs Markets.com Comparison Table 2023
Saxo Bank	Markets.com
Review 4	Review 2.9
Traders from US not accepted	Traders from US not accepted
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.	Markets.com offer CFDs across a huge range of assets from shares and indices to commodities and cryptocurrencies. 79.9% of retail accounts lose money..
66% of retail accounts lose money.
Comment by Reviewer
"Saxo is best for active traders and advanced investors with an unrivalled selection of instruments alongside premium market research and fee rebates. The 190 currency pairs with tight spreads also make Saxo great for forex traders."
Pros
Powerful proprietary trading platforms with comprehensive charting packages and advanced analysis tools High-level research hub with curated market reports, plus unique insights with 'Outrageous Predictions' Excellent educational resources including podcasts, webinars and expert-led video insights Access to comprehensive third-party analysis tools including TradingView and Updata Highly accessible and flexible ISA account with no entry or exit fees Heavily regulated and trustworthy brand based in Switzerland Low fees with premium account tiers
Cons
High deposit requirements for trading accounts Access to Level 2 pricing requires a subscription Clients from some jurisdictions not accepted including the US and Belgium
Awards
	Best Trading Platform 2020 - FXScouts Runner Up - Best FX Broker 2019 - DayTrading.com Best Forex Provider 2017 - UK Forex Awards Best FX Platform 2017 - UK Forex Awards
Instruments
Forex, CFDs, indices, shares, commodities, cryptocurrencies, futures, options, warrants, bonds, ETFs	CFD, Forex, Crypto, Spread betting (UK Only)
Demo Account
Yes	Yes
Minimum Deposit
	$100
Payment Methods
Credit Card JCB Card Mastercard TransferWise Visa Wire Transfer	Credit Card Debit Card Neteller PayPal Skrill Wire Transfer
Minimum Trade
Vary by asset	0.01 lots
Regulator
DFSA, MAS, FCA, SFC	FCA, CySEC, ASIC, FSCA, FSC, ESMA
Margin Trading
No	No
MetaTrader 4
No	Yes
MetaTrader 5
No	Yes
cTrader
No	No
AlgoTrader
No	No
OmniTrader
No	No
TradingView
Yes	No
Autochartist
No	No
eSignal
No	No
Trading Central
No	Yes
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	Yes
Market Maker
No	Yes
P2P Trading
No	No
Spot Trading
Yes	No
Mobile Apps
SaxoTraderGo (iOS, Android, Windows)	iOS, Android
Copy Trading
No	No
Social Trading
No	No
Trade Signals
Yes	Yes
VPS Hosting
No	No
Tournaments
No	No
Demo Competitions
No	No
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	Yes
Islamic Account
Yes	Yes
Account Currencies
USD EUR GBP CAD AUD JPY SEK DKK CHF	USD EUR GBP ZAR SEK NOK DKK PLN CZK AED
Stock Exchanges
London Stock Exchange New York Stock Exchange S&P 500 Shenzhen Stock Exchange Toronto Stock Exchange	S&P 500
Commodities
Copper Corn Gold Natural Gas Oil Silver	Gold Natural Gas Oil Silver
CFD Trading
Trade 8,900+ CFDs spanning forex, stocks, indices, commodities, options and bonds with powerful tools and signals.
Leverage
1:30	1:30
FTSE Spread
1.2 pts (Variable)	2 pips
GBPUSD Spread
0.7 (var)	1.3 pips (var)
Oil Spread
0.03	0.05
Stocks Spread
0.10% (subject to min commission)	4 pips
Forex Trading
Get tier 1 liquidity on an impressive range of 189 currency pairs and spot metals, plus 130 forwards, from 0.4 pips.	67 major, minor and exotic FX pairs
Forex App
	Markets.com operate MarketsX – the bespoke platform, both on WebTrader and mobile applications. The app, available on android and iOS has been downloaded over a million times.
GBPUSD Spread
0.7 (varies by region)	1.3 pips (var)
EURUSD Spread
0.2 (varies by region)	0.70 pips (var)
EURGBP Spread
0.6 (varies by region)	1 pip var
Assets
40+	67
Cryptocurrency
Trade cryptos against major fiat currencies or take a longer-term view with ETNs.	Trade 25 different cryptocurrencies via the Markets.com feature rich platform. Leverage capped at 1:2 for EU traders.
Spread
Variable	BTC 88.94 (USD), ETH 5 (USD)
Coins
BTC ETH LTC XRP XTZ SOL ADA DOT	BTC BCH DASH ETH LTC XRP TRON BAT NEO ADA
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

Review	Review
66% of retail accounts lose money.
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