Saxo Bank vs SynergyFX

Saxo Bank vs SynergyFX Comparison Table 2021
Saxo Bank SynergyFX
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.
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted
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
None 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
Credit Card, JCB Card, Mastercard, Visa, Wire Transfer Credit Card, Doku Wallet, Mastercard, Skrill, UnionPay, Visa, Wire Transfer
Minimum Trade
Vary by asset 0.01 lots
Regulator
Danish FSA, FCA and Others ASIC, VFSC
Margin Trading
No No
Margin Rate
MetaTrader 4
No Yes
MetaTrader 5
No Yes
cTrader
No No
STP Account
No No
ECN Account
Yes No
DMA Account
No No
Mobile Apps
SaxoTraderGo (iOS, Android, Windows) Yes
Auto Trading
No Yes
Trade Signals
Yes No
Social Trading
No Yes
Copy Trading
No No
Islamic Account
Yes Yes
Account Currencies
USD, EUR, GBP, CAD, AUD, JPY, SEK, DKK, CHF -
CFD
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
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+