Saxo Bank vs Robinhood

Saxo Bank vs Robinhood Comparison Table 2021
Saxo Bank Robinhood
A regulated bank, Saxobank offer Equities and Forex trading on 40,000+ markets via the SaxoTrader Pro and SaxoTrader Go platforms Robinshood have pioneered mobile trading in the US. Their offer attempts to provide the cheapest share trading anywhere.
We do not recommend trading with Robinhood. Their business practices have harmed traders and their "free" trading offer has been criticized for actually costing their traders millions of dollars.
United States Flag Traders from US not accepted
United States Flag Traders from US accepted
Bonus
None None
Instruments
Forex, CFDs, indices, shares, commodities, cryptocurrencies, futures, options, bonds, ETFs Stocks, Options, CFD, Binary Options, ETFs
Demo Account
Yes No
Minimum Deposit
$10000 $0
Payment Methods
Credit Card, JCB Card, Mastercard, Visa, Wire Transfer ACH Transfer, Apple Pay, Credit Card, Debit Card, Google Pay
Minimum Trade
Vary by asset $10
Regulator
DFSA, MAS, FCA, SFC SEC
Margin Trading
No No
Margin Rate
2.5%
MetaTrader 4
No No
MetaTrader 5
No No
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 No
P2P Trading
No No
Spot Trading
Yes No
Mobile Apps
SaxoTraderGo (iOS, Android, Windows) iOS, Android and Windows
Auto Trading
- -
Trade Signals
Yes -
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
Leverage
1:30 1:2
FTSE Spread
1.2 pts (Variable) N/A
GBPUSD Spread
0.7 (var) N/A
Oil Spread
0.03
Stocks Spread
0.10% (subject to min commission) 0.3% Var
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+
Binary Options
Binary options trading not offered
Payout