Saxo Bank vs Scope Markets

Saxo Bank vs Scope Markets Comparison Table 2022
Saxo Bank Scope Markets
United States Flag Traders from US not accepted
United States Flag Traders from US accepted
A regulated bank, Saxobank offer Equities and Forex trading on 40,000+ markets via the SaxoTrader Pro and SaxoTrader Go platforms Scope Markets offers day trading and investing in over 250 spot & CFD instruments. The firm is regulated and boasts competitive trading conditions, several account types and a range of payment methods.
Bonus
None None
Instruments
Forex, CFDs, indices, shares, commodities, cryptocurrencies, futures, options, bonds, ETFs Stocks, Futures, CFD, Forex, ETFs
Demo Account
Yes No
Minimum Deposit
$10000 $500
Payment Methods
Credit Card, JCB Card, Mastercard, Visa, Wire Transfer Credit Card, Debit Card, M-Pesa, Mastercard, Neteller, Skrill, Visa, Wire Transfer
Minimum Trade
Vary by asset 0.01 lots
Regulator
DFSA, MAS, FCA, SFC CMA, CySEC, FSCA
Margin Trading
No Yes
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 No
Robo Advisor
No No
Negative Balance Protection
No Yes
Market Maker
No No
P2P Trading
No No
Spot Trading
Yes Yes
Mobile Apps
SaxoTraderGo (iOS, Android, Windows) iOS & Android
Auto Trading
- Yes
Trade Signals
Yes -
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Social Trading
No No
Copy Trading
No No
Islamic Account
Yes Yes
Account Currencies
USD, EUR, GBP, CAD, AUD, JPY, SEK, DKK, CHF USD, EUR, GBP
CFD
Scope Markets clients can trade up to 63 CFD instruments, covering forex, precious metals, energies, indices and global shares.
Leverage
1:30 1:30 Retail, 1:100 Professional
FTSE Spread
1.2 pts (Variable) 0.4
GBPUSD Spread
0.7 (var) 1.0
Oil Spread
0.03 0.2
Stocks Spread
0.10% (subject to min commission) Variable
Forex
Scope Markets offers MT5 trading for a range of major, minor and exotic currency pairs with leverage rates as high as 1:30 for retail clients and 1:100 for professional traders.
GBPUSD Spread
0.7 (varies by region) 1.0
EURUSD Spread
0.2 (varies by region) 1.0
EURGBP Spread
0.6 (varies by region) 1.0
Assets
40+ 44
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