ThinkMarkets vs Saxo Bank

ThinkMarkets vs Saxo Bank Comparison Table 2022
ThinkMarkets Saxo Bank
WINNER
ThinkMarkets is the better broker
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted
ThinkMarkets is a multi-regulated forex and CFD broker A regulated bank, Saxobank offer Equities and Forex trading on 40,000+ markets via the SaxoTrader Pro and SaxoTrader Go platforms
71.89% of retail investor accounts lose money when trading CFDs with this provider.
Awards
  • Best CFD Provider 2021 - City of London Wealth Management Awards (COLWMA)
  • Best Value Broker in Asia at the 2020 - Global Forex Awards
  • Best Forex Trading Experience 2017 - UK Forex Awards
  • Best Forex Trading Innovation 2017 - UK Forex Awards
  • Best Customer Service 2013 - UK Forex Awards
Instruments
Forex, CFDs, ETFs, Futures, Shares, Commodities, Cryptocurrencies, Spread Betting (UK Only) Forex, CFDs, indices, shares, commodities, cryptocurrencies, futures, options, bonds, ETFs
Demo Account
Yes Yes
Minimum Deposit
$0 $10000
Payment Methods
Minimum Trade
0.01 lots Vary by asset
Regulator
FCA, ASIC, FSCA, CySEC, JFSA, FSA Seychelles DFSA, MAS, FCA, SFC
Margin Trading
No No
MetaTrader 4
Yes No
MetaTrader 5
Yes No
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
No Yes
Autochartist
Yes No
eSignal
No No
Trading Central
Yes No
STP Account
Yes No
ECN Account
No Yes
DMA Account
No No
MAM Account
No No
PAMM Account
Yes No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
Yes No
Market Maker
No No
P2P Trading
No No
Spot Trading
No Yes
Mobile Apps
Yes SaxoTraderGo (iOS, Android, Windows)
Auto Trading
Yes - EAs compatible
Copy Trading
Yes No
Social Trading
Yes No
Trade Signals
No Yes
VPS Hosting
Yes No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Islamic Account
Yes Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • JPY
  • SEK
  • DKK
  • CHF
Stock Exchanges
CFD Trading
CFDs are available on multiple markets, including FX, indices, shares, commodities & cryptocurrency
Leverage
1:500 1:30
FTSE Spread
0.7 1.2 pts (Variable)
GBPUSD Spread<
0.4 0.7 (var)
Oil Spread
0.03 0.03
Stocks Spread
From 0.4 0.10% (subject to min commission)
Forex Trading
Trading available on 46 major, minor, and exotic currency pairs
GBPUSD Spread
0.3 (ThinkZero) Variable 0.7 (varies by region)
EURUSD Spread
0.0 (ThinkZero) Variable 0.2 (varies by region)
EURGBP Spread
0.0 (ThinkZero) Variable 0.6 (varies by region)
Assets
46 40+
Cryptocurrency
Trading on popular 20+ crypto coins, including Bitcoin, Ethereum & Dash. Leverage up to 1:10 Crypto trading not offered
Spread
BTC 25, ETH 6 (Variable)
Coins
  • BCH
  • LTC
  • XMR
  • DOGE
  • XLM
  • BTC
  • ETH
  • XRP
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
71.89% of retail investor accounts lose money when trading CFDs with this provider.
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