TeleTrade vs Saxo Bank

TeleTrade vs Saxo Bank Comparison Table 2021
TeleTrade Saxo Bank
TeleTrade offers ECN accounts with tight spreads & powerful trading platforms. A regulated bank, Saxobank offer Equities and Forex trading on 40,000+ markets via the SaxoTrader Pro and SaxoTrader Go platforms
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted
Awards
Best Forex Broker Europe 2017 - Capital Finance International
Best CFD Broker Europe 2015 - Global Banking & Finance Review
Best Forex Customer Service Broker Europe 2015 - Global Banking & Finance Review
Best Trading Education Provider Europe 2014 - International Finance Magazine
Best Forex Broker in Europe 2014 - Global Financial Market Review
Best Trading Platform Southern Europe 2014 - Global Banking & Finance Review
Bonus
None None
Instruments
Forex, CFDs, indices, shares, commodities, cryptocurrencies Forex, CFDs, indices, shares, commodities, cryptocurrencies, futures, options, bonds, ETFs
Demo Account
Yes Yes
Minimum Deposit
100 EUR/USD $10000
Payment Methods
FasaPay, Neteller, Perfect Money, QIWI, Skrill, Visa, Yandex Money Credit Card, JCB Card, Mastercard, Visa, Wire Transfer
Minimum Trade
0.01 lots Vary by asset
Regulator
CySEC Danish FSA, FCA and Others
Margin Trading
No No
Margin Rate
MetaTrader 4
Yes No
MetaTrader 5
Yes No
cTrader
No No
STP Account
No No
ECN Account
No Yes
DMA Account
No No
Mobile Apps
Yes SaxoTraderGo (iOS, Android, Windows)
Auto Trading
Yes No
Trade Signals
Yes Yes
Social Trading
Yes No
Copy Trading
No No
Islamic Account
Yes Yes
Account Currencies
- USD, EUR, GBP, CAD, AUD, JPY, SEK, DKK, CHF
CFD
Diversify your portfolio by trading in multiple financial markets.
Leverage
1:30 Retail, 1:500 Professional 1:30
FTSE Spread
1.9 1.2 pts (Variable)
GBPUSD Spread
1.3 0.7 (var)
Oil Spread
0.09 0.03
Stocks Spread
Variable 0.10% (subject to min commission)
Forex
Participate in the global currency market with leveraged trading.
GBPUSD Spread
1.3 0.7 (varies by region)
EURUSD Spread
0.9 0.2 (varies by region)
EURGBP Spread
1 0.6 (varies by region)
Assets
60+ 40+
Cryptocurrency
TeleTrade offers a range of popular and emerging crypocurrencies. Crypto trading not offered
Spread
Floating
Coins
ADA, BCH, BSV, BTC, BTG, DSH, EOS, ETC, ETH, IOT, LTC, NEO, OMG, TRX, XLM, XMR, XRP, ZEC, ZRX