Saxo Bank vs SpeedTrader

Saxo Bank vs SpeedTrader Comparison Table 2023
Saxo Bank SpeedTrader
WINNER
SpeedTrader is the better broker

SpeedTrader is #35 in our broker rankings.

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

SpeedTrader offers online trading in US stocks, options, bonds & mutual funds.

66% of retail accounts lose money.
Instruments
Forex, CFDs, indices, shares, commodities, cryptocurrencies, futures, options, warrants, bonds, ETFs Stocks, options, bonds, mutual funds
Demo Account
Yes Yes
Minimum Deposit
$30,000
Payment Methods
Minimum Trade
Vary by asset One share
Regulator
DFSA, MAS, FCA, SFC FINRA, SIPC
Margin Trading
No No
MetaTrader 4
No No
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
No
Copy Trading
No No
Social Trading
No No
Trade Signals
Yes Yes
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Islamic Account
Yes No
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • JPY
  • SEK
  • DKK
  • CHF
Stock Exchanges
Commodities
CFD Trading
CFD trading not offered
Leverage
1:30
FTSE Spread
1.2 pts (Variable)
GBPUSD Spread<
0.7 (var)
Oil Spread
0.03
Stocks Spread
0.10% (subject to min commission)
Forex Trading
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+
Cryptocurrency
Trade cryptos against major fiat currencies or take a longer-term view with ETNs. Crypto trading not offered
Spread
Variable
Coins
  • BTC
  • ETH
  • LTC
  • XRP
  • XTZ
  • SOL
  • ADA
  • DOT
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
66% of retail accounts lose money.
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