Saxo Bank vs Trade Nation

Saxo Bank vs Trade Nation Comparison Table 2023
Saxo Bank	Trade Nation
	WINNER Trade Nation is the better broker
Review Not Yet Rated	Review 3.9
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	Trade Nation is a top FX and CFD broker regulated in multiple jurisdictions including the UK and Australia. The firm offers tight spreads and no minimum deposit.
66% of retail accounts lose money.
Bonus
	200 Sign-Up Reward Points
Instruments
Forex, CFDs, indices, shares, commodities, cryptocurrencies, futures, options, warrants, bonds, ETFs	Forex, CFDs, Indices, Shares, Commodities, Futures, Bonds
Demo Account
Yes	Yes
Minimum Deposit
	$0
Payment Methods
Credit Card JCB Card Mastercard Visa Wire Transfer	Credit Card Mastercard Skrill Visa Wire Transfer
Minimum Trade
Vary by asset	0.1 lots
Regulator
DFSA, MAS, FCA, SFC	FCA, ASIC, FSCA, SCB
Margin Trading
No	Yes
MetaTrader 4
No	Yes
MetaTrader 5
No	No
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	Yes
Market Maker
No	No
P2P Trading
No	No
Spot Trading
Yes	Yes
Mobile Apps
SaxoTraderGo (iOS, Android, Windows)	iOS & Android
Auto Trading
	EAs via MT4
Copy Trading
No	No
Social Trading
No	No
Trade Signals
Yes	Yes - Signal Centre
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	USD EUR GBP AUD ZAR SEK NOK DKK
Stock Exchanges
London Stock Exchange New York Stock Exchange S&P 500 Shenzhen Stock Exchange	Australian Securities Exchange CAC 40 Index France DAX GER 40 Index Deutsche Boerse Dow Jones Euronext FTSE UK Index Hang Seng Hong Kong Stock Exchange Japan Exchange Group London Stock Exchange Nasdaq New York Stock Exchange SIX Swiss Exchange
Commodities
Copper Corn Gold Natural Gas Oil Silver	Aluminium Copper Gold Oil Silver Zinc
CFD Trading
	Diversify trading portfolios with contracts for difference available on multiple financial markets.
Leverage
1:30	1:200
FTSE Spread
1.2 pts (Variable)	From 0.4
GBPUSD Spread<
0.7 (var)	From 0.6
Oil Spread
0.03	From 3.0
Stocks Spread
0.10% (subject to min commission)	Variable
Forex Trading
	Trade Nation offers trading on 30+ online currencies.
GBPUSD Spread
0.7 (varies by region)	From 0.6
EURUSD Spread
0.2 (varies by region)	From 0.6
EURGBP Spread
0.6 (varies by region)	From 0.6
Assets
40+	33
Cryptocurrency
Trade cryptos against major fiat currencies or take a longer-term view with ETNs.	Crypto trading not offered
Spread
Variable
Coins
BTC ETH LTC XRP XTZ SOL ADA DOT
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

Review	Review
66% of retail accounts lose money.
More Comparisons
Saxo Bank vs	Trade Nation vs