 Traders from US not accepted |
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 |
Switch Markets offers leveraged trading on forex, commodities, indices and cryptocurrencies. |
| Bonus |
| None |
100% Deposit Bonus |
| Instruments |
| Forex, CFDs, indices, shares, commodities, cryptocurrencies, futures, options, bonds, ETFs |
Stocks, CFD, Forex, Crypto |
| Demo Account |
| Yes |
Yes |
| Minimum Deposit |
| $10000 |
$50 |
| Payment Methods |
| Credit Card, JCB Card, Mastercard, Visa, Wire Transfer |
Debit Card, FasaPay, Mastercard, Neteller, Perfect Money, Skrill, UnionPay, Wire Transfer |
| Minimum Trade |
| Vary by asset |
$1 |
| Regulator |
| DFSA, MAS, FCA, SFC |
ASIC |
| Margin Trading |
| No |
Yes |
| MetaTrader 4 |
| No |
Yes |
| 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 |
No |
| Robo Advisor |
| No |
No |
| Negative Balance Protection |
| No |
Yes |
| Market Maker |
| No |
Yes |
| P2P Trading |
| No |
No |
| Spot Trading |
| Yes |
Yes |
| Mobile Apps |
| SaxoTraderGo (iOS, Android, Windows) |
iOS & Android |
| Auto Trading |
| - |
Yes - Equinix |
| Trade Signals |
| Yes |
MT4 |
| VPS Hosting |
| No |
Yes |
| Tournaments |
| No |
No |
| Demo Competitions |
| No |
No |
| Ethical Investing |
| No |
No |
| Social Trading |
| No |
Yes |
| Copy Trading |
| No |
Yes |
| Islamic Account |
| Yes |
Yes |
| Account Currencies |
| USD, EUR, GBP, CAD, AUD, JPY, SEK, DKK, CHF |
USD, EUR, GBP, CAD, AUD, NZD, CHF, SGD |
| CFD |
|
Switch Markets offers CFDs on stocks, indices and commodities. |
| Leverage |
| 1:30 |
1:500 |
| FTSE Spread |
| 1.2 pts (Variable) |
1.2 |
| GBPUSD Spread |
| 0.7 (var) |
0.5 |
| Oil Spread |
| 0.03 |
2.0 |
| Stocks Spread |
| 0.10% (subject to min commission) |
Variable |
| Forex |
|
Switch Markets offer 60+ currency pairs, including majors, minors and exotics. |
| GBPUSD Spread |
| 0.7 (varies by region) |
0.5 |
| EURUSD Spread |
| 0.2 (varies by region) |
0.1 |
| EURGBP Spread |
| 0.6 (varies by region) |
0.6 |
| Assets |
| 40+ |
60+ |
| Cryptocurrency |
| Crypto trading not offered |
Switch Markets offers four cryptocurrencies with competitive fees. |
| Spread |
|
Variable |
| Coins |
|
BTC, ETH, LTC, XRP |
| Crypto Lending |
| No |
No |
| Crypto Mining |
| No |
No |
| Crypto Staking |
| - |
- |
| Auto Market Maker |
| No |
No |
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Saxo Bank vs |
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Traders from US not accepted