EasyMarkets vs. Saxo Bank

EasyMarkets
85%
Deposit 5 EUR/USD
Spreads 1 EUR/USD
*The value is indicative from the broker's website. The spread amount is variable.
Established 2001
Currency Pairs (Total Forex pairs) 45
Country: Cyprus
Regulation:
Authorised in the European Union (EU)
ASIC (Australia)
Cysec
Trading app:
MetaTrader 4 (MT4)
Desktop Platform (Windows)
Web Platform
MetaTrader 5 (MT5)
Number of CFD asset classes: 6
Broker type: MM
Support:
Mail
Chat
Funding methods:
Skrill
Visa/Mastercard
Bank Wire
WebMoney
* Some of the payment methods may not be available in your country.
Real Stocks and ETFs:
Saxo Bank
45%
Deposit 2000 EUR/USD
Spreads 2 EUR/USD
*The value is indicative from the broker's website. The spread amount is variable.
Established 1992
Currency Pairs (Total Forex pairs) 182
Country: Denmark, UK
Regulation:
FCA (UK)
ASIC (Australia)
Cysec
Trading app:
Web Platform
Number of CFD asset classes: 5
Broker type: ECN, STP
Support:
Phone
Mail
Chat
Funding methods:
Visa/Mastercard
Bank Wire
* Some of the payment methods may not be available in your country.
Real Stocks and ETFs:

Winner of the comparison

38%
EasyMarkets
45%
Saxo Bank
Winner
If you don’t want to read the full comparison, the winner of our review is Saxo Bank, which takes the lead with a rating of 45%, while EasyMarkets only reaches 38%. EasyMarkets requires a minimum deposit of 5 EUR/USD, while Saxo Bank sets it at 2000 EUR/USD. Thanks to the lower deposit, EasyMarkets is more welcoming to traders with smaller budgets. For EasyMarkets, the spread is 1 EUR/USD, while for Saxo Bank it is 2 EUR/USD. Tighter spreads make EasyMarkets a more advantageous choice. EasyMarkets offers 45 forex pairs, while Saxo Bank provides 182. More options come with Saxo Bank. EasyMarkets was founded in 2001, while Saxo Bank has been operating since 1992. The older Saxo Bank has the upper hand in this regard. This advantage goes to Saxo Bank, while EasyMarkets lacks it. EasyMarkets is overseen by 3 regulatory bodies, while Saxo Bank has 3. In terms of regulation, both are equal. EasyMarkets supports 4 platforms, while Saxo Bank offers 1. A greater choice of platforms gives EasyMarkets the lead.

Comprehensive Comparison: EasyMarkets vs Saxo Bank

A detailed look at two popular brokers from our portfolio

Comparison Result
Winner of this comparison: Saxo Bank with an overall rating of 45%
EasyMarkets
Min. Deposit
5
EUR/USD Spread
1
Currency Pairs
45
Year Established
2001
Saxo Bank
Min. Deposit
2000
EUR/USD Spread
2
Currency Pairs
182
Year Established
1992

Key Strengths

EasyMarkets
    • Multiply regulated broker with a strong establishment: The broker holds multiple regulatory licenses and has a stable position in the market.
    • Great technical solutions, tools, platforms: It offers excellent technical solutions, tools, and trading platforms.
    • Good Reputation: It has a solid reputation and credibility.
    • Quality education: It provides high-quality educational materials and training.
    • Negative balance protection: It ensures protection against negative balances on accounts.
    • Regulated by ASIC and CySEC: It is regulated by ASIC and CySEC, providing clients with assurance and transparency.
    • Competitive trading conditions: It offers competitive trading conditions that can be advantageous for traders.
Saxo Bank
    • Fully licensed European company with strong backing
    • More suitable for professional traders
    • Proprietary trading platforms
    • Competitive trading spreads
    • Really large number of trading instruments

Comparison by Categories

Trading Tools
EasyMarkets
60%
Saxo Bank
100%
Trading Platforms
EasyMarkets
57%
Saxo Bank
14%
Trading Costs
EasyMarkets
80%
Saxo Bank
80%
Educational Materials
EasyMarkets
33%
Saxo Bank
67%
Customer Support
EasyMarkets
67%
Saxo Bank
100%
Overall Rating
EasyMarkets
38%
Saxo Bank
45%

Our Recommendations

Best for Beginners
Thanks to comprehensive educational materials and a user-friendly platform, Saxo Bank is an ideal choice for new traders.
Best Platform
The trading platform of broker EasyMarkets offers an intuitive interface and advanced features for efficient trading.
Lowest Costs
Both brokers have comparable fee structures and spreads.
Investments
# EasyMarkets Saxo Bank
Currency Pairs (Total Forex pairs) 45 182
CFDs – Total Offered 150+ 201+
Options CFD
Share CFDs
Forex CFD
Commodities CFD
ETF CFD
Indicies CFD
Cryptocurrency traded as actual
Cryptocurrency traded as CFD
Investments rating 75% 62%
Winner
Cost
# EasyMarkets Saxo Bank
Average Spread EUR/USD *The value is indicative from the broker's website. The spread amount is variable. 1 2
Deposit from 5 2000
Account fee
Inactivity fee
Active Trader or VIP Discounts
Withdrawal fees
Deposit fees
Cost rating 80% 80%
Winner
Trading app
# EasyMarkets Saxo Bank
Desktop Platform (Windows)
Web Platform
Social Trading / Copy-Trading
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
Currenex
cTrader
Trading Platforms rating 57% 14%
Winner
Trading Tools
# EasyMarkets Saxo Bank
Financial leverage
Virtual Trading (Demo)
Alerts – Basic Fields
Charting – Indicators / Studies (Total)
Charting – Drawing Tools (Total)
Charting – Trade From Chart
Stop-Loss
Finacial Calendar
Daily financial news
Order Type – Trailing Stop
Trading Tools rating 60% 100%
Winner
Research
# EasyMarkets Saxo Bank
Daily Market Commentary
Forex News (Top-Tier Sources)
Weekly Webinars
Social Sentiment – Currency Pairs
Economic Calendar
Research
Research rating 50% 83%
Winner
Education
# EasyMarkets Saxo Bank
Has Education – Forex
Has Education – CFDs
Client Webinars
Videos – Advanced Trading Videos
Investor Dictionary (Glossary)
Education
Education rating 33% 67%
Winner
Forex
# EasyMarkets Saxo Bank
GBP/USD
USD/JPY
EUR/USD
USD/CHF
USD/CAD
NZD/USD
AUD/USD
Major Forex Pairs rating 100% 100%
Winner
Commodities
# EasyMarkets Saxo Bank
Gold
Silver
WIT Oil
Brent Oil
Coffee
Cocoa
Soybeans
Rice
Corn
Platinum
Palladium
Commodities rating 0% 36%
Winner
Indicies
# EasyMarkets Saxo Bank
DAX 40
S&P 500
Nasdaq
Dow Jones
Nikkei
Indices rating 100% 100%
Winner
Cryptocurrencies
# EasyMarkets Saxo Bank
Bitcoin
Litecoin
Ethereum
Ripple
Neo
Stellar
Cardano
Tron
Monero
EOS
Cryptocurrencies rating 20% 0%
Winner
Regulations
# EasyMarkets Saxo Bank
Cysec
ASIC (Australia)
FCA (UK)
Authorised in the European Union (EU)
CFTC Registered (USA)
FINMA (Switzerland)
Regulations rating 50% 50%
Winner
Support
# EasyMarkets Saxo Bank
Chat
Phone
Mail
Support rating 67% 100%
Winner
Overall
# EasyMarkets Saxo Bank
Go to the full broker review EasyMarkets Saxo Bank
Win / Loss % 38% 45%
Winner