Saxo Bank vs Mega Trader FX

Saxo Bank vs Mega Trader FX Comparison Table 2022
Saxo Bank Mega Trader FX
United States Flag Traders from US not accepted
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 Mega Trader FX is a multi-asset broker offering 1:500 leverage and deposit bonuses.
Bonus
20% deposit bonus up to $2,000
Instruments
Forex, CFDs, indices, shares, commodities, cryptocurrencies, futures, options, bonds, ETFs Forex, CFDs, indices, precious metals, energies
Demo Account
Yes Yes
Minimum Deposit
$10000 $0
Payment Methods
Minimum Trade
Vary by asset 0.01 lots
Regulator
DFSA, MAS, FCA, SFC CySEC
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) Yes
Auto Trading
Yes (EAs)
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
Guaranteed Stop Loss
No
Islamic Account
Yes Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • JPY
  • SEK
  • DKK
  • CHF
Stock Exchanges
CFD Trading
CFD products are available on multiple financial markets.
Leverage
1:30 1:500
FTSE Spread
1.2 pts (Variable) Variable
GBPUSD Spread<
0.7 (var) 2.6
Oil Spread
0.03 Variable
Stocks Spread
0.10% (subject to min commission) N/A
Forex Trading
Online trading is available on major, minor and exotic FX pairs.
GBPUSD Spread
0.7 (varies by region) 2.6
EURUSD Spread
0.2 (varies by region) 1.9
EURGBP Spread
0.6 (varies by region) 2.5
Assets
40+ 54
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