Saxo Bank vs. Libertex

Winner of the comparison

In terms of overall rating, both brokers are equal – both have 45%. Saxo Bank requires a minimum deposit of 2000 EUR/USD, while Libertex sets it at 100 EUR/USD. Conversely, Libertex scores with a lower minimum deposit. For Saxo Bank, the spread is 2 EUR/USD, while for Libertex it is 1.5 EUR/USD. Lower spreads at Libertex give it the edge. Saxo Bank offers 182 forex pairs, while Libertex provides 44. A wider selection gives Saxo Bank the advantage. Saxo Bank was founded in 1992, while Libertex has been operating since 1997. The longer tradition of Saxo Bank means greater experience. A big plus for Saxo Bank is the ability to trade real stocks, which Libertex doesn’t offer. Saxo Bank is overseen by 3 regulatory bodies, while Libertex has 1. More regulations at Saxo Bank enhance its trustworthiness. Saxo Bank supports 1 platforms, while Libertex offers 2. More options are provided by Libertex.