Saxo Bank vs OctaFX

Saxo Bank vs OctaFX Comparison Table 2021
Saxo Bank OctaFX
A regulated bank, Saxobank offer Equities and Forex trading on 40,000+ markets via the SaxoTrader Pro and SaxoTrader Go platforms OctaFX offers multi-asset trading on a range of platforms and mobile solutions.
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted
Awards
Best ECN/STP Broker 2019 - FXDaily Info
Best Forex Broker Asia 2019 - FXDaily Info
Best Forex Broker Asia 2018 - Global Banking & Finance Review
Best FX Broker 2018 - European CEO Magazine
Best Trading Conditions 2018 - European CEO Magazine
Best Copy Trading Platform 2018 - Forex-Awards.com
Best Forex ECN Broker 2017 - UK Finance Awards
Best Trading Conditions 2016 - Forex Report Magazine
Bonus
None 50% deposit bonus
Instruments
Forex, CFDs, indices, shares, commodities, cryptocurrencies, futures, options, bonds, ETFs Forex, CFDs, indices, commodities, cryptocurrencies
Demo Account
Yes Yes
Minimum Deposit
$10000 $100
Payment Methods
Credit Card, JCB Card, Mastercard, Visa, Wire Transfer Credit Card, Doku Wallet, Mastercard, MoneyGram, Paysafecard, Perfect Money, Vietcombank Transfer, Visa, Western Union, Wire Transfer, WorldPay
Minimum Trade
Vary by asset 0.01 lots
Regulator
DFSA, FCA, SFC CySEC
Margin Trading
No No
MetaTrader 4
No Yes
MetaTrader 5
No Yes
cTrader
No Yes
STP Account
No No
ECN Account
Yes Yes
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
Trade Signals
Yes Yes
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No Yes
Ethical Investing
No No
Social Trading
No Yes
Copy Trading
No Yes
Islamic Account
Yes Yes
Account Currencies
USD, EUR, GBP, CAD, AUD, JPY, SEK, DKK, CHF -
CFD
Trade on the financial markets with CFDs.
Leverage
1:30 1:30
FTSE Spread
1.2 pts (Variable) 1.8
GBPUSD Spread
0.7 (var) 1.1
Oil Spread
0.03 1.1
Stocks Spread
0.10% (subject to min commission) Variable
Forex
OctaFX offers leveraged trading on currencies.
GBPUSD Spread
0.7 (varies by region) 1.1
EURUSD Spread
0.2 (varies by region) 0.7
EURGBP Spread
0.6 (varies by region) 2.1
Assets
40+ 28
Cryptocurrency
Crypto trading not offered Trade popular digital currencies at OctaFX.
Spread
Variable
Coins
BTC, LTC, ETH
Crypto Lending
No No
Crypto Mining
No No
Auto Market Maker
No No