Saxo Bank vs Squared Financial

Saxo Bank vs SquaredFinancial Comparison Table 2021
Saxo Bank SquaredFinancial
A regulated bank, Saxobank offer Equities and Forex trading on 40,000+ markets via the SaxoTrader Pro and SaxoTrader Go platforms Squared Financial is a CySEC-regulated forex & CFD broker with 10,000 tradeable assets for both MT4 and MT5.
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted
Bonus
None None
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 Neteller, Skrill
Minimum Trade
Vary by asset 0.01 lots
Regulator
DFSA, MAS, FCA, SFC CySEC, FSA
Margin Trading
No No
MetaTrader 4
No Yes
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 No
Mobile Apps
SaxoTraderGo (iOS, Android, Windows) Yes
Auto Trading
- Yes
Trade Signals
Yes No
VPS Hosting
No -
Tournaments
No -
Demo Competitions
No -
Ethical Investing
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 CFDs on forex, global indices, energies, and precious metals
Leverage
1:30 1:500
FTSE Spread
1.2 pts (Variable) 0.01 pts
GBPUSD Spread
0.7 (var) 1 pip
Oil Spread
0.03 50 pips
Stocks Spread
0.10% (subject to min commission) Variable
Forex
Trade on dozens of FX pairs with zero spreads available
GBPUSD Spread
0.7 (varies by region) 1 pip
EURUSD Spread
0.2 (varies by region) 0 pips
EURGBP Spread
0.6 (varies by region) 1 pip
Assets
40+ 50
Cryptocurrency
Crypto trading not offered Trade popular cryptocurrency coins with leverage
Spread
From 0.006
Coins
BTC, BCH, ETH, LTC, XRP
Crypto Lending
No No
Crypto Mining
No No
Auto Market Maker
No No