XM vs Saxo Bank

XM vs Saxo Bank Comparison Table 2021
XM Saxo Bank
XM.com Offer a range of Account types and a low minimum deposit to appeal to all levels of trader. With 1000+ markets and low spreads they offer a great service. A regulated bank, Saxobank offer CFD, Stocks and Forex trading on 35,000+ 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 FX Broke Europe 2018 - World Finance
Best Forex Execution Broker 2017 - Shares
Best MT4/MT5 Broker 2021 - DayTrading.com
Bonus
Free VPN Services None
Instruments
Forex CFDs, Commodities CFDs, Equity Indices CFDs, Precious Metals CFDs and Energies CFDs Stocks, CFD, Forex, Crypto
Demo Account
Yes Yes
Minimum Deposit
5 $/€/£ $10000
Payment Methods
Cashu, Credit Card, Perfect Money, QIWI, Sofort, Sticpay, UnionPay, WorldPay, Yandex Money
Minimum Trade
0.01 Micro lots Vary by asset
Regulator
IFSC, CySec, ASIC Danish FSA, FCA and Others
MetaTrader 4
Yes Yes
MetaTrader 5
Yes No
cTrader
No No
ECN Account
No No
DMA Account
No No
Mobile Apps
iOS, Android and Windows SaxoTraderGo (iOS, Android, Windows)
Auto Trading
No No
Trade Signals
Yes Yes
Social Trading
No No
Copy Trading
Yes No
Islamic Account
Yes Yes
CFD
Leverage
1:500 1:30
FTSE Spread
1.5 pts (var) 1.2 pts (Variable)
GBPUSD Spread
2.1 (var) 0.7 (var)
Oil Spread
0.05 (var) 0.03
Stocks Spread
0.1% Var 0.10% (subject to min commission)
Forex
XM.com deliver ultra low spreads across a huge range of Forex markets. Flexible lot sizes, and Micro and XM Zero accounts accommodate every level of trader.
GBPUSD Spread
2.1 pips (var) 0.7 (varies by region)
EURUSD Spread
1.6 pips (var) 0.2 (varies by region)
EURGBP Spread
2 pips (var) 0.6 (varies by region)
Assets
55+ 40+
Cryptocurrency
Crypto trading not offered
Spread
Coins
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