Saxo Bank vs. XTB

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:
XTB
90%
Deposit 5 EUR/USD
Spreads 0.9 EUR/USD
*The value is indicative from the broker's website. The spread amount is variable.
Established 2002
Currency Pairs (Total Forex pairs) 71
Country: Poland, Cyprus, UK
Regulation:
FCA (UK)
Authorised in the European Union (EU)
Cysec
Trading app:
Desktop Platform (Windows)
Web Platform
Number of CFD asset classes: 6
Broker type: MM
Support:
Phone
Mail
Chat
Funding methods:
Skrill
PayPal
Visa/Mastercard
Bank Wire
* Some of the payment methods may not be available in your country.
Real Stocks and ETFs:
www.xtb.com
75% of retail CFD accounts lose money.

Winner of the comparison

45%
Saxo Bank
60%
XTB
Winner
If you don’t want to read the full comparison, the winner of our review is XTB, which takes the lead with a rating of 60%, while Saxo Bank only reaches 45%. Saxo Bank requires a minimum deposit of 2000 EUR/USD, while XTB sets it at 5 EUR/USD. Conversely, XTB scores with a lower minimum deposit. For Saxo Bank, the spread is 2 EUR/USD, while for XTB it is 0.9 EUR/USD. Lower spreads at XTB give it the edge. Saxo Bank offers 182 forex pairs, while XTB provides 71. A wider selection gives Saxo Bank the advantage. Saxo Bank was founded in 1992, while XTB has been operating since 2002. 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 XTB has 3. In terms of regulation, both are equal. Saxo Bank supports 1 platforms, while XTB offers 2. More options are provided by XTB.

Comprehensive Comparison: Saxo Bank vs XTB

A detailed look at two popular brokers from our portfolio

Comparison Result
Winner of this comparison: XTB with an overall rating of 60%
Saxo Bank
Min. Deposit
2000
EUR/USD Spread
2
Currency Pairs
182
Year Established
1992
XTB
Min. Deposit
5
EUR/USD Spread
0.9
Currency Pairs
71
Year Established
2002

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
XTB
    • Offers real stocks and ETFs
    • Automatic investing
    • Pays interest on uninvested funds
    • Regulated by FCA (UK) and Cysec and under supervision
    • Video content and webinars for clients
    • XTB is a trustworthy brand established in 2002

Comparison by Categories

Trading Tools
Saxo Bank
100%
XTB
100%
Trading Platforms
Saxo Bank
14%
XTB
29%
Trading Costs
Saxo Bank
80%
XTB
40%
Educational Materials
Saxo Bank
67%
XTB
100%
Customer Support
Saxo Bank
100%
XTB
100%
Overall Rating
Saxo Bank
45%
XTB
60%

Our Recommendations

Best for Beginners
Thanks to comprehensive educational materials and a user-friendly platform, XTB is an ideal choice for new traders.
Best Platform
The trading platform of broker XTB offers an intuitive interface and advanced features for efficient trading.
Lowest Costs
Saxo Bank offers competitive spreads and lower fees, making it ideal for active traders.
Investments
# Saxo Bank XTB
Currency Pairs (Total Forex pairs) 182 71
CFDs – Total Offered 201+ 8600+
Options CFD
Share CFDs
Forex CFD
Commodities CFD
ETF CFD
Indicies CFD
Cryptocurrency traded as actual
Cryptocurrency traded as CFD
Investments rating 62% 75%
Winner
Cost
# Saxo Bank XTB
Average Spread EUR/USD *The value is indicative from the broker's website. The spread amount is variable. 2 0.9
Deposit from 2000 5
Account fee
Inactivity fee
Active Trader or VIP Discounts
Withdrawal fees
Deposit fees
Cost rating 80% 40%
Winner
Trading app
# Saxo Bank XTB
Desktop Platform (Windows)
Web Platform
Social Trading / Copy-Trading
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
Currenex
cTrader
Trading Platforms rating 14% 29%
Winner
Trading Tools
# Saxo Bank XTB
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% 100%
Winner
Research
# Saxo Bank XTB
Daily Market Commentary
Forex News (Top-Tier Sources)
Weekly Webinars
Social Sentiment – Currency Pairs
Economic Calendar
Research
Research rating 83% 100%
Winner
Education
# Saxo Bank XTB
Has Education – Forex
Has Education – CFDs
Client Webinars
Videos – Advanced Trading Videos
Investor Dictionary (Glossary)
Education
Education rating 67% 100%
Winner
Forex
# Saxo Bank XTB
GBP/USD
USD/JPY
EUR/USD
USD/CHF
USD/CAD
NZD/USD
AUD/USD
Major Forex Pairs rating 100% 100%
Winner
Commodities
# Saxo Bank XTB
Gold
Silver
WIT Oil
Brent Oil
Coffee
Cocoa
Soybeans
Rice
Corn
Platinum
Palladium
Commodities rating 36% 82%
Winner
Indicies
# Saxo Bank XTB
DAX 40
S&P 500
Nasdaq
Dow Jones
Nikkei
Indices rating 100% 100%
Winner
Cryptocurrencies
# Saxo Bank XTB
Bitcoin
Litecoin
Ethereum
Ripple
Neo
Stellar
Cardano
Tron
Monero
EOS
Cryptocurrencies rating 0% 60%
Winner
Regulations
# Saxo Bank XTB
Cysec
ASIC (Australia)
FCA (UK)
Authorised in the European Union (EU)
CFTC Registered (USA)
FINMA (Switzerland)
Regulations rating 50% 50%
Winner
Support
# Saxo Bank XTB
Chat
Phone
Mail
Support rating 100% 100%
Winner
Overall
# Saxo Bank XTB
Go to the full broker review Saxo Bank XTB
Win / Loss % 45% 60%
Winner