Compare Saxo Bank vs Libertex

Saxo Bank Saxo Bank Saxo Bank Libertex
Saxo Bank Libertex
Established 1992 Established 1997
Web Web
Location Philip Heymans Alle 15 2900 Hellerup Denmark Location Iacovou Tompazi 1, Vashiotis Business Center, 1st Floor Office 101, Neapoli 3107, Limassol, Cyprus.
Phone +44 (0)207 151 2000 Phone +357 22 025 100
E-mail LondonReception@saxobank.com E-mail info@libertex.com
Country Denmark, UK Country Cyprus
Regulation FCA (UK) ASIC (Australia) Cysec Regulation Cysec
Number of instruments CFD 5 Number of instruments CFD 5
Broker type ECN, STP Broker type MM
Support Phone Mail Chat Support Phone Mail Chat
Deposit from 2000 EUR/USD Deposit from 100 EUR/USD
Spreads 2 EUR/USD * Spread is dated 02.01.2024 12:00, spread amount is subject to change. Spreads 1.5 EUR/USD * Spread is dated 02.01.2024 12:00, spread amount is subject to change.
Real Stocks and ETFs Real Stocks and ETFs
Platforms Web Platform Platforms Web Platform MetaTrader 5 (MT5)
Instruments CFD Commodities, Share CFDs, Forex, ETF, Indicies Instruments CFD Commodities, Share CFDs, Forex, Cryptocurrency traded as CFD, Indicies
Funding methods
Visa/Mastercard Bank Wire
* Some of the payment methods may not be available in your country.
Funding methods
Visa/Mastercard Bank Wire
* Some of the payment methods may not be available in your country.

We have compared Saxo Bank and Libertex to see what the key differences are between these brokers.

Our goal was to create a comparison of brokers so you can get an overview of their features, fees, trading platforms, instruments and more.

Below is a comparison of Saxo Bank VS Libertex

During our testing, we evaluated various points that we liked, disliked or were indifferent to. When evaluating certain features, we tried to be objective and fair based on what features the broker offered versus how competitive its fees were. In addition, we created our own unique rating system that we use to judge all brokers.

Compare broker parameters depending on what you are interested in, cryptocurrencies, stocks, commodities or Forex? What is the difference between brokers Saxo Bank vs Libertex? At broker Saxo Bank you can trade a total of 182 currency pairs, in total you can find over 201+ instruments. At broker Libertex you can trade a total of 44 of currency pairs, in total you will find over 320 instruments. Broker Saxo Bank provides Client Webinars, Has Education – CFDs, Has Education – Forex, Videos – Advanced Trading Videos. Broker Libertex offers trading platforms of type Web Platform, MetaTrader 5 (MT5).

Investments

# Saxo Bank Libertex
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
Real Stocks and ETFs Yes No
Investments rating 62% 62%
Winner

Cost

# Saxo Bank Libertex
Average Spread EUR/USD * Spread is dated 02.01.2024 12:00, spread amount is subject to change. 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
Cost rating 80% 80%
Winner

Trading Platforms

# Saxo Bank Libertex
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 Platforms rating 100% 100%
Winner

Trading Tools

# Saxo Bank Libertex
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
Trading Tools rating 100% 100%
Winner

Mobile Trading

# Saxo Bank Libertex
Android App Yes Yes
Apple iOS App Yes Yes
Alerts – Basic Fields Yes No
SMS alerts Yes No
Mobile Trading Yes No
Mobile Trading rating 100% 40%
Winner

Research

# Saxo Bank Libertex
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
Research rating 83% 33%
Winner

Education

# Saxo Bank Libertex
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
Education rating 67% 33%
Winner

Major Forex Pairs

# Saxo Bank Libertex
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
Major Forex Pairs rating 100% 86%
Winner

Commodities

# Saxo Bank Libertex
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
Commodities rating 36% 27%
Winner

Indices

# Saxo Bank Libertex
DAX 30 Yes Yes
S&P 500 Yes Yes
Nasdaq Yes Yes
Dow Jones Yes No
Nikkei Yes No
Indices rating 100% 60%
Winner

Cryptocurrencies

# Saxo Bank Libertex
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
Cryptocurrencies rating 0% 20%
Winner

Regulations

# Saxo Bank Libertex
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
Regulations rating 50% 17%
Winner

Support

# Saxo Bank Libertex
Chat Yes Yes
Phone Yes Yes
Mail Yes Yes
Support rating 100% 100%
Winner

Overall

# Saxo Bank Libertex
Link Saxo Bank Libertex
Win / Loss % 45% 35%
Winner