ForexTime vs. Saxo Bank

Comparison: ForexTime vs. Saxo Bank – 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: ForexTime with an overall rating of 46%

ForexTime vs. Saxo Bank
ForexTime
Saxo Bank

Basic information

Deposit
200 EUR/USD
2000 EUR/USD
Spreads
1.5 EUR/USD
2 EUR/USD
Established
2011
1992
Currency Pairs (Total Forex pairs)
35
182
Country
Cyprus
Denmark, UK
Regulation
FCA (UK), Cysec
FCA (UK), ASIC (Australia), Cysec
Trading app
MetaTrader 4 (MT4), MetaTrader 5 (MT5)
Web Platform
Number of CFD asset classes
6
5
Broker type
ECN, STP
ECN, STP
Support
Phone, Mail, Chat
Phone, Mail, Chat
Funding methods
* Some of the payment methods may not be available in your country. Skrill, Visa/Mastercard, Bank Wire, WebMoney
* 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.

Comparison Result

In terms of overall rating, both brokers are equal – both have 46%. ForexTime requires a minimum deposit of 200 EUR/USD, while Saxo Bank sets it at 2000 EUR/USD. Thanks to the lower deposit, ForexTime is more welcoming to traders with smaller budgets. For ForexTime, the spread is 1.5 EUR/USD, while for Saxo Bank it is 2 EUR/USD. Tighter spreads make ForexTime a more advantageous choice. ForexTime offers 35 forex pairs, while Saxo Bank provides 182. More options come with Saxo Bank. ForexTime was founded in 2011, while Saxo Bank has been operating since 1992. The older Saxo Bank has the upper hand in this regard. This advantage goes to Saxo Bank, while ForexTime lacks it. ForexTime is overseen by 2 regulatory bodies, while Saxo Bank has 3. Stricter oversight at Saxo Bank gives it an advantage. ForexTime supports 2 platforms, while Saxo Bank offers 1. A greater choice of platforms gives ForexTime the lead.
46%
ForexTime
45%
Saxo Bank

Key Strengths

ForexTime
  • Strong educational materials: FXTM provides a wide range of educational materials that can help traders improve their skills and understanding of the markets.
  • Flexible account types: The platform offers various account types, allowing traders to choose the right option according to their needs and preferences.
  • Dedicated account representative: FXTM provides each client with a dedicated account representative who can assist with any questions or issues.
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

Comparison by Categories

  1. Investments 75 62
  2. Cost 80 80
  3. Trading app 29 14
  4. Trading Tools 90 100
  5. Research 50 83
  6. Education 67 67
  7. Forex 100 100
  8. Commodities 55 36
  9. Indicies 100 100
  10. Cryptocurrencies 30 0
  11. Regulations 33 50
  12. Support 100 100
  13. Overall 46 45

Comprehensive Comparison: ForexTime vs Saxo Bank

ForexTime
Saxo Bank

Investments

75 % 62 %
Currency Pairs (Total Forex pairs)
35
182
CFDs – Total Offered
250+
201+
Options CFD
No
No
Share CFDs
Yes
Yes
Forex CFD
Yes
Yes
Commodities CFD
Yes
Yes
ETF CFD
Yes
Yes
Indicies CFD
Yes
Yes
Cryptocurrency traded as actual
No
No
Cryptocurrency traded as CFD
Yes
No
Winner
No
No

Cost

80 % 80 %
Average Spread EUR/USD *The value is indicative from the broker's website. The spread amount is variable.
1.5
2
Deposit from
200
2000
Account fee
No
No
Inactivity fee
Yes
Yes
Active Trader or VIP Discounts
No
No
Withdrawal fees
No
No
Deposit fees
No
No
Winner
No
No

Trading app

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

Trading Tools

90 % 100 %
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
No
Yes
Winner
No
No

Research

50 % 83 %
Daily Market Commentary
Yes
Yes
Forex News (Top-Tier Sources)
Yes
Yes
Weekly Webinars
Yes
Yes
Social Sentiment – Currency Pairs
No
No
Economic Calendar
No
Yes
Research
No
Yes
Winner
No
No

Education

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

Forex

100 % 100 %
GBP/USD
Yes
Yes
USD/JPY
Yes
Yes
EUR/USD
Yes
Yes
USD/CHF
Yes
Yes
USD/CAD
Yes
Yes
NZD/USD
Yes
Yes
AUD/USD
Yes
Yes
Winner
No
No

Commodities

55 % 36 %
Gold
Yes
Yes
Silver
Yes
Yes
WIT Oil
Yes
Yes
Brent Oil
Yes
Yes
Coffee
No
No
Cocoa
No
No
Soybeans
No
No
Rice
No
No
Corn
No
No
Platinum
Yes
No
Palladium
Yes
No
Winner
No
No

Indicies

100 % 100 %
DAX 40
Yes
Yes
S&P 500
Yes
Yes
Nasdaq
Yes
Yes
Dow Jones
Yes
Yes
Nikkei
Yes
Yes
Winner
No
No

Cryptocurrencies

30 % 0 %
Bitcoin
Yes
No
Litecoin
Yes
No
Ethereum
Yes
No
Ripple
No
No
Neo
No
No
Stellar
No
No
Cardano
No
No
Tron
No
No
Monero
No
No
EOS
No
No
Winner
No
No

Regulations

33 % 50 %
Cysec
Yes
Yes
ASIC (Australia)
No
Yes
FCA (UK)
Yes
Yes
Authorised in the European Union (EU)
No
No
CFTC Registered (USA)
No
No
FINMA (Switzerland)
No
No
Winner
No
No

Support

100 % 100 %
Chat
Yes
Yes
Phone
Yes
Yes
Mail
Yes
Yes
Winner
No
No

Overall

46 % 45 %
Winner
No
No

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 ForexTime

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

Lowest Costs

Both brokers have comparable fee structures and spreads.

ForexTime Saxo Bank