Saxo Bank vs ProfitiX

Saxo Bank vs ProfitiX Comparison Table 2022
Saxo Bank ProfitiX
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 ProfitiX offers an interactive desktop and mobile trading experience via MT5.
Bonus
None None
Instruments
Forex, CFDs, indices, shares, commodities, cryptocurrencies, futures, options, bonds, ETFs Forex, CFDs, indices, shares, commodities, cryptocurrencies
Demo Account
Yes No
Minimum Deposit
$10000 $250
Payment Methods
Credit Card, JCB Card, Mastercard, Visa, Wire Transfer Credit Card, Diners Club, Mastercard, MoneyGram, Neteller, Skrill, Visa, Western Union
Minimum Trade
Vary by asset 0.01 lots
Regulator
DFSA, MAS, FCA, SFC
Margin Trading
No No
MetaTrader 4
No No
MetaTrader 5
No Yes
cTrader
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 -
Robo Advisor
No -
Negative Balance Protection
No -
Market Maker
No -
P2P Trading
No No
Spot Trading
Yes No
Mobile Apps
SaxoTraderGo (iOS, Android, Windows) Yes
Auto Trading
- Yes (EAs)
Trade Signals
Yes Yes (MT5)
VPS Hosting
No -
Tournaments
No -
Demo Competitions
No -
Ethical Investing
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
ProfitiX offers CFDs in a range of financial markets with a choice of five account tiers.
Leverage
1:30 1:400
FTSE Spread
1.2 pts (Variable) Variable & Fixed
GBPUSD Spread
0.7 (var) Variable & Fixed
Oil Spread
0.03 Variable & Fixed
Stocks Spread
0.10% (subject to min commission) Variable & Fixed
Forex
Trade a list of currencies with floating and fixed spreads depending on the account.
GBPUSD Spread
0.7 (varies by region) Variable & Fixed
EURUSD Spread
0.2 (varies by region) Variable & Fixed
EURGBP Spread
0.6 (varies by region) Variable & Fixed
Assets
40+ 100+
Cryptocurrency
Crypto trading not offered Trade top cryptos, including Bitcoin Gold against the USD and EUR.
Spread
Variable & Fixed
Coins
BTC, ETH, LTC, BTG
Crypto Lending
No No
Crypto Mining
No -
Crypto Staking
- -
Auto Market Maker
No -
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