Saxo Bank vs. Libertex

Comparison: Saxo Bank vs. Libertex – Which broker is better? A quick comparison based on the trading platform, fees, deposit or withdrawal options, and regulation in 2026.

Winner of this comparison: Saxo Bank with an overall rating of 45%

Saxo Bank vs. Libertex

Basic information

Basic information
Saxo Bank Libertex
Deposit 2000 EUR/USD 100 EUR/USD
Spreads 2 EUR/USD 1.5 EUR/USD
Established 1992 1997
Currency Pairs (Total Forex pairs) 182 44
Country Denmark, UK Cyprus
Regulation FCA (UK), ASIC (Australia), Cysec Cysec
Trading app Web Platform Web Platform, MetaTrader 5 (MT5)
Number of CFD asset classes 5 5
Broker type ECN, STP MM
Support Phone, Mail, Chat Phone, Mail, Chat
Funding methods * Some of the payment methods may not be available in your country. Visa/Mastercard, Bank Wire * Some of the payment methods may not be available in your country. Visa/Mastercard, Bank Wire
Real Stocks and ETFs Yes Yes

*The value is indicative from the broker's website. The spread amount is variable.

83% of retail investor accounts lose money when trading CFDs with this provider.

Comparison Result

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.
45%
Saxo Bank
35%
Libertex

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
Libertex
  • Trading school for beginners
  • Free information service and technical analysis
  • Regulation
  • Clear fee information

Comparison by Categories

  1. Investments 62 62
  2. Cost 80 80
  3. Trading app 14 29
  4. Trading Tools 100 100
  5. Research 83 33
  6. Education 67 33
  7. Forex 100 86
  8. Commodities 36 27
  9. Indicies 100 60
  10. Cryptocurrencies 0 20
  11. Regulations 50 17
  12. Support 100 100
  13. Overall 45 35

Comprehensive Comparison: Saxo Bank vs Libertex

Saxo Bank
Libertex

Investments

62 % 62 %
Investments
Investments Saxo BankLibertex
Currency Pairs (Total Forex pairs) 182 44
CFDs – Total Offered 201+ 320+
Options CFD No No
Share CFDs Yes Yes
Forex CFD Yes Yes
Commodities CFD Yes Yes
ETF CFD Yes No
Indicies CFD Yes Yes
Cryptocurrency traded as actual No No
Cryptocurrency traded as CFD No Yes

Cost

80 % 80 %
Cost
Cost Saxo BankLibertex
Average Spread EUR/USD *The value is indicative from the broker's website. The spread amount is variable. 2 1.5
Deposit from 2000 100
Account fee No No
Inactivity fee Yes Yes
Active Trader or VIP Discounts No No
Withdrawal fees No No
Deposit fees No No

Trading app

14 % 29 %
Trading app
Trading app Saxo BankLibertex
Desktop Platform (Windows) No No
Web Platform Yes Yes
Social Trading / Copy-Trading No No
MetaTrader 4 (MT4) No No
MetaTrader 5 (MT5) No Yes
Currenex No No
cTrader No No

Trading Tools

100 % 100 %
Trading Tools
Trading Tools Saxo BankLibertex
Financial leverage Yes Yes
Virtual Trading (Demo) Yes Yes
Alerts – Basic Fields Yes Yes
Charting – Indicators / Studies (Total) Yes Yes
Charting – Drawing Tools (Total) Yes Yes
Charting – Trade From Chart Yes Yes
Stop-Loss Yes Yes
Finacial Calendar Yes Yes
Daily financial news Yes Yes
Order Type – Trailing Stop Yes Yes

Research

83 % 33 %
Research
Research Saxo BankLibertex
Daily Market Commentary Yes Yes
Forex News (Top-Tier Sources) Yes Yes
Weekly Webinars Yes No
Social Sentiment – Currency Pairs No No
Economic Calendar Yes No
Research Yes No

Education

67 % 33 %
Education
Education Saxo BankLibertex
Has Education – Forex Yes Yes
Has Education – CFDs Yes Yes
Client Webinars Yes No
Videos – Advanced Trading Videos Yes No
Investor Dictionary (Glossary) No No
Education No No

Forex

100 % 86 %
Forex
Forex Saxo BankLibertex
GBP/USD Yes Yes
USD/JPY Yes Yes
EUR/USD Yes Yes
USD/CHF Yes No
USD/CAD Yes Yes
NZD/USD Yes Yes
AUD/USD Yes Yes

Commodities

36 % 27 %
Commodities
Commodities Saxo BankLibertex
Gold Yes Yes
Silver Yes Yes
WIT Oil Yes Yes
Brent Oil Yes No
Coffee No No
Cocoa No No
Soybeans No No
Rice No No
Corn No No
Platinum No No
Palladium No No

Indicies

100 % 60 %
Indicies
Indicies Saxo BankLibertex
DAX 40 Yes Yes
S&P 500 Yes Yes
Nasdaq Yes Yes
Dow Jones Yes No
Nikkei Yes No

Cryptocurrencies

0 % 20 %
Cryptocurrencies
Cryptocurrencies Saxo BankLibertex
Bitcoin No Yes
Litecoin No No
Ethereum No Yes
Ripple No No
Neo No No
Stellar No No
Cardano No No
Tron No No
Monero No No
EOS No No

Regulations

50 % 17 %
Regulations
Regulations Saxo BankLibertex
Cysec Yes Yes
ASIC (Australia) Yes No
FCA (UK) Yes No
Authorised in the European Union (EU) No No
CFTC Registered (USA) No No
FINMA (Switzerland) No No

Support

100 % 100 %
Support
Support Saxo BankLibertex
Chat Yes Yes
Phone Yes Yes
Mail Yes Yes

Overall

45 % 35 %
Overall
Overall Saxo BankLibertex

Our Recommendations

Best for Saxo Bank

Thanks to comprehensive educational materials and a user-friendly platform, Saxo Bank is an ideal choice for new traders.

Best Platform Libertex

The trading platform of broker Libertex offers an intuitive interface and advanced features for efficient trading.

Lowest Costs

Both brokers have comparable fee structures and spreads.

Saxo Bank Libertex