Saxo Bank vs. Degiro

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:
Degiro
23%
Deposit 100 EUR/USD
Spreads
*The value is indicative from the broker's website. The spread amount is variable.
Established 2008
Currency Pairs (Total Forex pairs) 9
Country: Germany
Regulation:
Authorised in the European Union (EU)
Trading app:
Web Platform
Number of CFD asset classes: 2
Broker type: ECN, STP
Support:
Phone
Mail
Funding methods:
Bank Wire
* Some of the payment methods may not be available in your country.
Real Stocks and ETFs:

Winner of the comparison

45%
Saxo Bank
Winner
23%
Degiro
In terms of overall rating, both brokers are equal – both have 45%. Saxo Bank requires a minimum deposit of 2000 EUR/USD, while Degiro sets it at 100 EUR/USD. Conversely, Degiro scores with a lower minimum deposit. For Saxo Bank, the spread is 2 EUR/USD, while for Degiro it is 0 EUR/USD. Lower spreads at Degiro give it the edge. Saxo Bank offers 182 forex pairs, while Degiro provides 9. A wider selection gives Saxo Bank the advantage. Saxo Bank was founded in 1992, while Degiro has been operating since 2008. The longer tradition of Saxo Bank means greater experience. Both brokers allow trading with real stocks. Saxo Bank is overseen by 3 regulatory bodies, while Degiro has 1. More regulations at Saxo Bank enhance its trustworthiness. Saxo Bank supports 1 platforms, while Degiro offers 1. In terms of platform count, both are on the same level.

Comprehensive Comparison: Saxo Bank vs Degiro

A detailed look at two popular brokers from our portfolio

Comparison Result
Winner of this comparison: Saxo Bank with an overall rating of 45%
Saxo Bank
Min. Deposit
2000
EUR/USD Spread
2
Currency Pairs
182
Year Established
1992
Degiro
Min. Deposit
100
EUR/USD Spread
0
Currency Pairs
9
Year Established
2008

Key Strengths

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
Degiro

Comparison by Categories

Trading Tools
Saxo Bank
100%
Degiro
60%
Trading Platforms
Saxo Bank
14%
Degiro
14%
Trading Costs
Saxo Bank
80%
Degiro
80%
Educational Materials
Saxo Bank
67%
Degiro
33%
Customer Support
Saxo Bank
100%
Degiro
67%
Overall Rating
Saxo Bank
45%
Degiro
23%

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
Both brokers offer excellent trading platforms with similar features and user-friendliness.
Lowest Costs
Both brokers have comparable fee structures and spreads.
Investments
# Saxo Bank Degiro
Currency Pairs (Total Forex pairs) 182 9
CFDs – Total Offered 201+ 0
Options CFD
Share CFDs
Forex CFD
Commodities CFD
ETF CFD
Indicies CFD
Cryptocurrency traded as actual
Cryptocurrency traded as CFD
Investments rating 62% 25%
Winner
Cost
# Saxo Bank Degiro
Average Spread EUR/USD *The value is indicative from the broker's website. The spread amount is variable. 2 0
Deposit from 2000 100
Account fee
Inactivity fee
Active Trader or VIP Discounts
Withdrawal fees
Deposit fees
Cost rating 80% 80%
Winner
Trading app
# Saxo Bank Degiro
Desktop Platform (Windows)
Web Platform
Social Trading / Copy-Trading
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
Currenex
cTrader
Trading Platforms rating 14% 14%
Winner
Trading Tools
# Saxo Bank Degiro
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 100% 60%
Winner
Research
# Saxo Bank Degiro
Daily Market Commentary
Forex News (Top-Tier Sources)
Weekly Webinars
Social Sentiment – Currency Pairs
Economic Calendar
Research
Research rating 83% 33%
Winner
Education
# Saxo Bank Degiro
Has Education – Forex
Has Education – CFDs
Client Webinars
Videos – Advanced Trading Videos
Investor Dictionary (Glossary)
Education
Education rating 67% 33%
Winner
Forex
# Saxo Bank Degiro
GBP/USD
USD/JPY
EUR/USD
USD/CHF
USD/CAD
NZD/USD
AUD/USD
Major Forex Pairs rating 100% 0%
Winner
Commodities
# Saxo Bank Degiro
Gold
Silver
WIT Oil
Brent Oil
Coffee
Cocoa
Soybeans
Rice
Corn
Platinum
Palladium
Commodities rating 36% 0%
Winner
Indicies
# Saxo Bank Degiro
DAX 40
S&P 500
Nasdaq
Dow Jones
Nikkei
Indices rating 100% 100%
Winner
Cryptocurrencies
# Saxo Bank Degiro
Bitcoin
Litecoin
Ethereum
Ripple
Neo
Stellar
Cardano
Tron
Monero
EOS
Cryptocurrencies rating 0% 0%
Winner
Regulations
# Saxo Bank Degiro
Cysec
ASIC (Australia)
FCA (UK)
Authorised in the European Union (EU)
CFTC Registered (USA)
FINMA (Switzerland)
Regulations rating 50% 17%
Winner
Support
# Saxo Bank Degiro
Chat
Phone
Mail
Support rating 100% 67%
Winner
Overall
# Saxo Bank Degiro
Go to the full broker review Saxo Bank Degiro
Win / Loss % 45% 23%
Winner