Saxo Bank vs TMS Brokers

Saxo Bank vs TMS Brokers Comparison Table 2023
Saxo Bank TMS Brokers
WINNER
Saxo Bank is the better broker
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

TMS Brokers is a leading European trading broker providing powerful tools and a suite of financial instruments.

66% of retail accounts lose money.
Awards
  • Best FX Broker 2020 - Invest Cuffs
  • Forecast Accuracy Ranking Q1 2019 - Bloomberg
Instruments
Forex, CFDs, indices, shares, commodities, cryptocurrencies, futures, options, warrants, bonds, ETFs Forex, CFDs, indices, shares, commodities, cryptocurrencies, ETFs
Demo Account
Yes Yes
Minimum Deposit
$0
Payment Methods
Minimum Trade
Vary by asset 0.01 lots
Regulator
DFSA, MAS, FCA, SFC Polish Financial Supervision Authority (KNF)
Margin Trading
No No
MetaTrader 4
No No
MetaTrader 5
No Yes
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
Yes
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
Flexible contracts for difference are available in many markets, including FX, cryptos and stocks.
Leverage
1:30 1:20
FTSE Spread
1.2 pts (Variable) 2.5
GBPUSD Spread<
0.7 (var) 1.3
Oil Spread
0.03 0.04
Stocks Spread
0.10% (subject to min commission) Variable
Forex Trading
TMS Brokers offers a suite of forex pairs with decent leverage levels.
GBPUSD Spread
0.7 (varies by region) 1.3
EURUSD Spread
0.2 (varies by region) 1.0
EURGBP Spread
0.6 (varies by region) 1.0
Assets
40+ 42
Cryptocurrency
Trade cryptos against major fiat currencies or take a longer-term view with ETNs. Start leveraged crypto trading against the US Dollar.
Spread
Variable Floating
Coins
  • BTC
  • ETH
  • LTC
  • XRP
  • XTZ
  • SOL
  • ADA
  • DOT
  • BTC
  • ETH
  • LTC
  • XRP
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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