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 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 MT4/MT5 Broker 2021 - DayTrading.com
Global Forex Broker of the Year 2020 - Global Forex Awards
Best FX Broke Europe 2018 - World Finance
Best Forex Execution Broker 2017 - Share
Bonus
Free VPN Services None
Instruments
Forex CFDs, Commodities CFDs, Equity Indices CFDs, Precious Metals CFDs and Energies CFDs Forex, CFDs, indices, shares, commodities, cryptocurrencies, futures, options, bonds, ETFs
Demo Account
Yes Yes
Minimum Deposit
5 $/€/£ $10000
Payment Methods
Cashu, Credit Card, Perfect Money, QIWI, Sofort, Sticpay, UnionPay, WorldPay, Yandex Money Credit Card, Mastercard, Visa, Wire Transfer
Minimum Trade
0.01 Micro lots Vary by asset
Regulator
FCA, IFSC, CySec, ASIC Danish FSA, FCA and Others
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
iOS, Android and Windows SaxoTraderGo (iOS, Android, Windows)
Auto Trading
Yes (EAs) No
Trade Signals
Yes Yes
Social Trading
No No
Copy Trading
Yes No
Islamic Account
Yes Yes
Account Currencies
USD, EUR, GBP, CAD, AUD, JPY, ZAR, CHF USD, EUR, GBP, CAD, AUD, JPY, CHF
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+
More Comparisons
XM vs Saxo Bank vs