Tier1FX vs Saxo Bank

Tier1FX vs Saxo Bank Comparison Table 2022
Tier1FX Saxo Bank
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted
Tier1FX is a regulated CFD and forex trading broker. A regulated bank, Saxobank offer Equities and Forex trading on 40,000+ markets via the SaxoTrader Pro and SaxoTrader Go platforms
Bonus
None None
Instruments
Forex, CFDs, indices, shares, energies, metals, cryptocurrencies Forex, CFDs, indices, shares, commodities, cryptocurrencies, futures, options, bonds, ETFs
Demo Account
Yes Yes
Minimum Deposit
$1,000 $10000
Payment Methods
Credit Card, JCB Card, Mastercard, Visa, Wire Transfer
Minimum Trade
0.01 lots Vary by asset
Regulator
MFSA DFSA, MAS, FCA, SFC
Margin Trading
- No
MetaTrader 4
Yes No
MetaTrader 5
No No
cTrader
No No
AlgoTrader
- No
OmniTrader
- No
TradingView
- Yes
Autochartist
- No
eSignal
- No
Trading Central
- No
STP Account
- No
ECN Account
No Yes
DMA Account
No No
MAM Account
- No
PAMM Account
- No
LAMM Account
- No
Demat Account
- No
AI / Machine Learning
- No
Robo Advisor
- No
Negative Balance Protection
- No
Market Maker
- No
P2P Trading
- No
Spot Trading
- Yes
Mobile Apps
Yes SaxoTraderGo (iOS, Android, Windows)
Auto Trading
Yes -
Trade Signals
No Yes
VPS Hosting
- No
Tournaments
- No
Demo Competitions
- No
Ethical Investing
- No
Social Trading
No No
Copy Trading
No No
Islamic Account
No Yes
Account Currencies
- USD, EUR, GBP, CAD, AUD, JPY, SEK, DKK, CHF
Stock Exchanges
- London Stock Exchange, New York Stock Exchange, Shenzhen Stock Exchange
CFD
Trade CFDs on indices, FX, precious metals, energies, and cryptocurrencies.
Leverage
1:30 1:30
FTSE Spread
1.3 pts 1.2 pts (Variable)
GBPUSD Spread
0.4 pips 0.7 (var)
Oil Spread
2.3 pips 0.03
Stocks Spread
N/A 0.10% (subject to min commission)
Forex
Trade on dozens of major, minor and exotic FX pairs.
GBPUSD Spread
0.4 0.7 (varies by region)
EURUSD Spread
0.2 0.2 (varies by region)
EURGBP Spread
0.4 0.6 (varies by region)
Assets
60 40+
Cryptocurrency
Trade on popular cryptocurrency and USD pairs. Crypto trading not offered
Spread
0.05
Coins
BTC, BCH, ETH, LTC, XRP
Crypto Lending
- No
Crypto Mining
- No
Crypto Staking
- No
Auto Market Maker
- No
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