Saxo Bank vs Trade Republic

Saxo Bank vs Trade Republic Comparison Table 2021
Saxo Bank Trade Republic
A regulated bank, Saxobank offer Equities and Forex trading on 40,000+ markets via the SaxoTrader Pro and SaxoTrader Go platforms Trade Republic is a German-based mobile-only securities bank and stockbroker that supports stocks, derivatives and crypto trading.
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted
Bonus
None None
Instruments
Forex, CFDs, indices, shares, commodities, cryptocurrencies, futures, options, bonds, ETFs Stocks, ETFs, Indices, Derivatives, Cryptos
Demo Account
Yes No
Minimum Deposit
$10000 $0
Payment Methods
Credit Card, JCB Card, Mastercard, Visa, Wire Transfer Credit Card, Mastercard, Visa, Wire Transfer
Minimum Trade
Vary by asset 0.01 lots
Regulator
Danish FSA, FCA and Others BaFin, Bundesbank
Margin Trading
No No
Margin Rate
MetaTrader 4
No No
MetaTrader 5
No No
cTrader
No No
STP Account
No Yes
ECN Account
Yes No
DMA Account
No No
Mobile Apps
SaxoTraderGo (iOS, Android, Windows) iOS & Android
Auto Trading
No No
Trade Signals
Yes No
Social Trading
No No
Copy Trading
No No
Islamic Account
Yes No
Account Currencies
USD, EUR, GBP, CAD, AUD, JPY, SEK, DKK, CHF EUR
CFD
Trade Republic offers over 40,000 derivatives assets, including CFDs, with no commission charges or spread mark-ups.
Leverage
1:30
FTSE Spread
1.2 pts (Variable) Market
GBPUSD Spread
0.7 (var) Market
Oil Spread
0.03 Market
Stocks Spread
0.10% (subject to min commission) Market
Forex
Trade Republic offers derivatives trading on a range of currencies for its European clients.
GBPUSD Spread
0.7 (varies by region) Market
EURUSD Spread
0.2 (varies by region) Market
EURGBP Spread
0.6 (varies by region) Market
Assets
40+ Limited
Cryptocurrency
Crypto trading not offered Trade Republic supports derivatives trading on four leading cryptocurrencies.
Spread
Market
Coins
BTC, ETH, LTC, BCH
Binary Options
Binary options trading not offered Binary options are offered on popular financial markets.
Payout
Undisclosed%