Saxo Bank vs SynergyFX

Saxo Bank vs SynergyFX Comparison Table 2022
Saxo Bank SynergyFX
United States Flag Traders from US not accepted
United States Flag 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 SynergyFX is an Australian broker offering ECN accounts & the MetaTrader platforms.
Awards
Best Forex Broker 2018 - International Business Summit Malaysia
Australian Best Forex Broker 2015 - Global Financial Market Review
Best Currency Management Fund 2015 - GFMR
Bonus
Spin & Win Draw
Instruments
Forex, CFDs, indices, shares, commodities, cryptocurrencies, futures, options, bonds, ETFs Forex, CFDs, indices, shares, commodities
Demo Account
Yes Yes
Minimum Deposit
$10000 $50
Payment Methods
Minimum Trade
Vary by asset 0.01 lots
Regulator
DFSA, MAS, FCA, SFC ASIC, VFSC
Margin Trading
No No
MetaTrader 4
No Yes
MetaTrader 5
No Yes
cTrader
No No
AlgoTrader
No
OmniTrader
No
TradingView
Yes
Autochartist
No
eSignal
No
Trading Central
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
P2P Trading
No No
Spot Trading
Yes No
Mobile Apps
SaxoTraderGo (iOS, Android, Windows) Yes
Auto Trading
Yes
Copy Trading
No No
Social Trading
No Yes
Trade Signals
Yes
VPS Hosting
No
Tournaments
No
Demo Competitions
No
Ethical Investing
No
Islamic Account
Yes Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • JPY
  • SEK
  • DKK
  • CHF
Stock Exchanges
CFD Trading
Trade across several financial markets with up to 1:400 leverage.
Leverage
1:30 1:500
FTSE Spread
1.2 pts (Variable) 1.4
GBPUSD Spread<
0.7 (var) 1.5
Oil Spread
0.03 0.030
Stocks Spread
0.10% (subject to min commission) Variable
Forex Trading
Trade forex with competitive spreads.
GBPUSD Spread
0.7 (varies by region) 1.5
EURUSD Spread
0.2 (varies by region) 0.8
EURGBP Spread
0.6 (varies by region) 1.3
Assets
40+ 40+
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