Saxo Bank vs. ActivTrades
Comparison: Saxo Bank vs. ActivTrades – Which broker is better? A quick comparison of platform, fees, deposits, withdrawals and regulation.
Winner of this comparison: ActivTrades with an overall rating of 46%
Basic information
| Basic information |  Saxo Bank |  ActivTrades |
|---|---|---|
| Deposit | 2000 EUR/USD | 10 EUR/USD |
| Spreads | 2 EUR/USD | 0.72 EUR/USD |
| Established | 1992 | 2001 |
| Currency Pairs (Total Forex pairs) | 182 | 48 |
| Country | Denmark, UK | UK |
| Regulation | FCA (UK), ASIC (Australia), Cysec | FCA (UK), Authorised in the European Union (EU) |
| Trading app | Web Platform | MetaTrader 4 (MT4), Desktop Platform (Windows), Web Platform, MetaTrader 5 (MT5) |
| Number of CFD asset classes | 5 | 4 |
| 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. Skrill, PayPal, Visa/Mastercard, Bank Wire |
| Real Stocks and ETFs | Yes | Yes |
*The value is indicative from the broker's website. The spread amount is variable.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 61 % and 89 % of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 61 % and 89 % of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Comparison Result
If you don’t want to read the full comparison, the winner of our review is ActivTrades, which takes the lead with a rating of 46%, while Saxo Bank only reaches 45%. Saxo Bank requires a minimum deposit of 2000 EUR/USD, while ActivTrades sets it at 10 EUR/USD. Conversely, ActivTrades scores with a lower minimum deposit. For Saxo Bank, the spread is 2 EUR/USD, while for ActivTrades it is 0.72 EUR/USD. Lower spreads at ActivTrades give it the edge. Saxo Bank offers 182 forex pairs, while ActivTrades provides 48. A wider selection gives Saxo Bank the advantage. Saxo Bank was founded in 1992, while ActivTrades has been operating since 2001. The longer tradition of Saxo Bank means greater experience. A big plus for Saxo Bank is the ability to trade real stocks, which ActivTrades doesn’t offer. Saxo Bank is overseen by 3 regulatory bodies, while ActivTrades has 2. More regulations at Saxo Bank enhance its trustworthiness. Saxo Bank supports 1 platforms, while ActivTrades offers 4. More options are provided by ActivTrades.
45%
Saxo Bank
46%
ActivTrades
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
ActivTrades
- Long-term experience and reliability : ActivTrades has over 20 years of market experience and is regulated by several significant regulatory bodies (FCA, SCB, CSSF, BACEN, CMVM).
- High-quality trading platforms : Offers a wide range of trading platforms, including MetaTrader 4, MetaTrader 5, TradingView, and its own ActivTrader platform.
- Low spreads and fast execution : Spreads start from 0.5 pips and the average execution time is 0.004 seconds, which is advantageous for day traders.
- Security and fund protection : ActivTrades offers fund insurance up to 1 million dollars and uses secure encryption protocols.
- Education and tools : The broker provides free webinars, educational materials, and advanced trading tools such as SmartCalculator, SmartPattern, and more.
Comparison by Categories
Comprehensive Comparison: Saxo Bank vs ActivTrades
Saxo Bank ActivTrades Investments
62 % 50 %| Investments | Saxo Bank | ActivTrades |
|---|---|---|
| Currency Pairs (Total Forex pairs) | 182 | 48 |
| CFDs – Total Offered | 201+ | 1000+ |
| Options CFD | No | No |
| Share CFDs | Yes | No |
| 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 | No | No |
Cost
80 % 80 %| Cost | Saxo Bank | ActivTrades |
|---|---|---|
| Average Spread EUR/USD *The value is indicative from the broker's website. The spread amount is variable. | 2 | 0.72 |
| Deposit from | 2000 | 10 |
| 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 % 57 %| Trading app | Saxo Bank | ActivTrades |
|---|---|---|
| Desktop Platform (Windows) | No | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy-Trading | No | No |
| MetaTrader 4 (MT4) | No | Yes |
| MetaTrader 5 (MT5) | No | Yes |
| Currenex | No | No |
| cTrader | No | No |
Trading Tools
100 % 70 %| Trading Tools | Saxo Bank | ActivTrades |
|---|---|---|
| Financial leverage | Yes | Yes |
| Virtual Trading (Demo) | Yes | Yes |
| Alerts – Basic Fields | Yes | No |
| Charting – Indicators / Studies (Total) | Yes | Yes |
| Charting – Drawing Tools (Total) | Yes | Yes |
| Charting – Trade From Chart | Yes | No |
| Stop-Loss | Yes | Yes |
| Finacial Calendar | Yes | Yes |
| Daily financial news | Yes | Yes |
| Order Type – Trailing Stop | Yes | No |
Research
83 % 50 %| Research | Saxo Bank | ActivTrades |
|---|---|---|
| Daily Market Commentary | Yes | No |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| Social Sentiment – Currency Pairs | No | No |
| Economic Calendar | Yes | Yes |
| Research | Yes | No |
Education
67 % 50 %| Education | Saxo Bank | ActivTrades |
|---|---|---|
| Has Education – Forex | Yes | Yes |
| Has Education – CFDs | Yes | Yes |
| Client Webinars | Yes | No |
| Videos – Advanced Trading Videos | Yes | No |
| Investor Dictionary (Glossary) | No | Yes |
| Education | No | No |
Forex
100 % 86 %| Forex | Saxo Bank | ActivTrades |
|---|---|---|
| GBP/USD | Yes | Yes |
| USD/JPY | Yes | Yes |
| EUR/USD | Yes | No |
| USD/CHF | Yes | Yes |
| USD/CAD | Yes | Yes |
| NZD/USD | Yes | Yes |
| AUD/USD | Yes | Yes |
Commodities
36 % 55 %| Commodities | Saxo Bank | ActivTrades |
|---|---|---|
| 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 | No | Yes |
| Palladium | No | Yes |
Indicies
100 % 100 %| Indicies | Saxo Bank | ActivTrades |
|---|---|---|
| DAX 40 | Yes | Yes |
| S&P 500 | Yes | Yes |
| Nasdaq | Yes | Yes |
| Dow Jones | Yes | Yes |
| Nikkei | Yes | Yes |
Cryptocurrencies
0 % 70 %| Cryptocurrencies | Saxo Bank | ActivTrades |
|---|---|---|
| Bitcoin | No | Yes |
| Litecoin | No | Yes |
| Ethereum | No | No |
| Ripple | No | Yes |
| Neo | No | Yes |
| Stellar | No | Yes |
| Cardano | No | Yes |
| Tron | No | No |
| Monero | No | No |
| EOS | No | Yes |
Regulations
50 % 33 %| Regulations | Saxo Bank | ActivTrades |
|---|---|---|
| Cysec | Yes | No |
| ASIC (Australia) | Yes | No |
| FCA (UK) | Yes | Yes |
| Authorised in the European Union (EU) | No | Yes |
| CFTC Registered (USA) | No | No |
| FINMA (Switzerland) | No | No |
Support
100 % 100 %| Support | Saxo Bank | ActivTrades |
|---|---|---|
| Chat | Yes | Yes |
| Phone | Yes | Yes |
| Yes | Yes |
Overall
45 % 46 %| Overall | Saxo Bank | ActivTrades |
|---|
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 ActivTrades
The trading platform of broker ActivTrades offers an intuitive interface and advanced features for efficient trading.
Lowest Costs
Both brokers have comparable fee structures and spreads.
Saxo Bank ActivTrades