Zerodha vs Saxo Bank

Zerodha vs Saxo Bank Comparison Table 2023
Zerodha Saxo Bank
WINNER
Saxo Bank is the better broker
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted

Zerodha is India's largest stock broker, offering stocks and shares alongside futures, options, mutual funds, ETFs, commodities and more.

A regulated bank, Saxobank offer Equities and Forex trading on 40,000+ markets via the SaxoTrader Pro and SaxoTrader Go platforms

66% of retail accounts lose money.
Bonus
None
Instruments
ETFs, mutual funds, bonds, stocks, futures & options Forex, CFDs, indices, shares, commodities, cryptocurrencies, futures, options, warrants, bonds, ETFs
Demo Account
No Yes
Minimum Deposit
0
Payment Methods
Minimum Trade
0 Vary by asset
Regulator
SEBI DFSA, MAS, FCA, SFC
Margin Trading
Yes No
MetaTrader 4
No No
MetaTrader 5
No No
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
No Yes
Autochartist
No No
eSignal
No No
Trading Central
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
Yes 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
Yes Yes
Mobile Apps
Kite 3, Coin SaxoTraderGo (iOS, Android, Windows)
Copy Trading
No No
Social Trading
No No
Trade Signals
Yes Yes
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Islamic Account
No Yes
Account Currencies
  • INR
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • JPY
  • SEK
  • DKK
  • CHF
Stock Exchanges
Commodities
CFD Trading
CFD trading not offered
Leverage
1:5 1:30
FTSE Spread
1.2 pts (Variable)
GBPUSD Spread<
0.7 (var)
Oil Spread
0.03
Stocks Spread
0.10% (subject to min commission)
Forex Trading
Zerodha accepts futures trading on a limited number of currency pairs.
GBPUSD Spread
Variable 0.7 (varies by region)
EURUSD Spread
Variable 0.2 (varies by region)
EURGBP Spread
Variable 0.6 (varies by region)
Assets
4 40+
Cryptocurrency
Crypto trading not offered Trade cryptos against major fiat currencies or take a longer-term view with ETNs.
Spread
Variable
Coins
  • BTC
  • ETH
  • LTC
  • XRP
  • XTZ
  • SOL
  • ADA
  • DOT
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
66% of retail accounts lose money.
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