Weltrade vs Saxo Bank

Weltrade vs Saxo Bank Comparison Table 2022
Weltrade Saxo Bank
Weltrade is an established online broker providing tight spreads & powerful tools. 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 Foreign Broker 2019 - Asia Forex Expo
Best Customer Service 2017 - Forex Choice
Best Trade Executions 2015 - China FX Expo
Best Customer Service Russia 2014 - Global Financial Market Review
Bonus
None None
Instruments
Forex, CFDs, commodities, cryptocurrencies Forex, CFDs, indices, shares, commodities, cryptocurrencies, futures, options, bonds, ETFs
Demo Account
Yes Yes
Minimum Deposit
$25 $10000
Payment Methods
Cashu, EasyPay, Neteller, Perfect Money, Skrill, Visa Credit Card, JCB Card, Mastercard, Visa, Wire Transfer
Minimum Trade
0.01 lots Vary by asset
Regulator
None DFSA, MAS, FCA, SFC
Margin Trading
No No
MetaTrader 4
Yes No
MetaTrader 5
Yes No
cTrader
No No
STP Account
No No
ECN Account
No Yes
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 No
Market Maker
No No
P2P Trading
No No
Spot Trading
No Yes
Mobile Apps
Yes SaxoTraderGo (iOS, Android, Windows)
Auto Trading
Yes -
Trade Signals
Yes Yes
VPS Hosting
No No
Tournaments
No No
Demo Competitions
Yes No
Ethical Investing
No No
Social Trading
Yes No
Copy Trading
No No
Islamic Account
No Yes
Account Currencies
- USD, EUR, GBP, CAD, AUD, JPY, SEK, DKK, CHF
CFD
Diversify your trading portfolio with CFDs.
Leverage
1:1000 1:30
FTSE Spread
N/A 1.2 pts (Variable)
GBPUSD Spread
2.1 0.7 (var)
Oil Spread
7 0.03
Stocks Spread
N/A 0.10% (subject to min commission)
Forex
Weltrade provides leveraged trading in the highly-liquid FX market.
GBPUSD Spread
2.1 0.7 (varies by region)
EURUSD Spread
1.5 0.2 (varies by region)
EURGBP Spread
2.4 0.6 (varies by region)
Assets
37 40+
Cryptocurrency
Trade crypto-only pairs and crypto coins against fiat currencies. Crypto trading not offered
Spread
Floating from zero
Coins
BCH, BTC, DSH, EOS, ETH, LTC, NEO, XMR, XRP, ZEC
Crypto Lending
No No
Crypto Mining
No No
Auto Market Maker
No No
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