FBS vs. Saxo Bank Comparison

This comparison overview aids individuals who battle to select in between FBS and Saxo Bank to discover the very best online broker for their trading and financial investment requirements. It assesses the main features of both brokers alongside to assist individuals compare their solution and make an educated choice.

To assist individuals select the appropriate broker in between FBS and Saxo Bank to locate the best-suited system, listed below is a checklist of broker’s benefits and drawbacks, followed by a contrast of their main trading attributes, consisting of trading systems & tools, charges, mobile trading, down payment & withdrawal, possessions, law, and client assistance.

FBS vs. Saxo Bank: Summary

FBS logo

FBS is a CFD broker founded in 2009. It is regulated by two tier-one regulators ( the CySec and ASIC) and is therefore considered trustworthy. FBS offers access to over 100 forex pairs and a handful of stocks, stock indexes, commodities and CFDs.

FBS charges low stock and stock index trading fees. The broker also doesn’t charge inactivity, deposit and withdrawal fees, which makes their overall costs low. FBS’s proprietary webtrader platform has an intuitive design and allows MetaTrader 4 and 5 integration. As a non-dealing desk (NDD) and STP broker, FBS guarantees fast and reliable order execution.

FBS’s customer support is available via email, phone, and WhatsApp 24/7.

Saxo Bank logo

Saxo Bank is a reputable global brand known for its complete overall offer and exclusive conditions for high volume traders and investors. Users can enjoy cutting edge trading technology paired with a premium interface and great trade execution on mobile and desktop. The Saxo Bank trading platform offers a feature rich trading experience, easy to use interface, competitive margin rates, and trading on over 40,000 financial instruments. This makes them an industry leader in trading assets coverage as an ECN broker.

If you can afford the minimum deposit of $10.000, this is the go to broker for traders and investors at all levels. They combine high-quality in-house research with top-tier third-party providers and a diverse portfolio of investment options.

Investors who are looking to trade in accordance with Sharia Law can open an islamic account. Saxo Bank also offers high quality customer service in Arabic and English language via phone, email or in person at their local office with guaranteed satisfying answers.

Pros

  • Low minimum deposit ($10)
  • Low spreads from 0.8 pips EUR/USD
  • Competitive stock trading fees
  • Compatibility with MT4 and MT5
  • Wide range of trading account types

Cons

  • Comparing others relatively few trading instruments are offered

Pros

  • Industry leading market coverage
  • Excellent Trading Features with SaxoTraderGo
  • Advanced order type and account protection features
  • Intuitive and easy to use mobile trading app
  • Great education and research materials
  • Competitive fee structure for active traders

Cons

  • $10,000 minimum deposit for UAE users
  • High time investment to set up
  • Only for advanced traders

Key features

  • Competitive overall fees
  • Compatible with MetaTrader 4 and 5
  • Access to 100+ forex pairs
  • Up to 1:500 leverage for professional traders
  • Standard, Cent, and Crypto accounts
  • Free courses, webinars, lessons, and signals

Key features

  • 40.000 tradable symbols available (crypto derivatives, forex options and futures)
  • Advanced account protection and order types
  • Fast execution of trades
  • $2.000 minimum deposit
  • “Best in class” educational resources
  • Great ease of use level combined with advanced features

FBS vs. Saxo Bank Comparison

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Compare brokers
FBS logo

FBS

Open account Read review

75.2% of retail CFD accounts lose money

Saxo

Saxo Bank

Open account Read review

69% of retail investor accounts lose money when trading CFDs with this provider.

BROKER COMPARISON

FBS logo
Saxo

Overall rating

4,1/5

4,9/5

Overall rating

4,1/5

4,9/5

Trading Platform & Tools

4.2

4.9

See details
Automated Trading
Charting Tools
Conditional Orders
cTrader
Demo Account
Desktop Platform
Max Leverage 1:3000 1:20
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
Mobile Version
Mutual Fund Management
Proprietary Platform
Social/Copy Trading
Trading Alerts
Trading signals
Watchlist
Web Version

Fees

4.5

4.7

See details
Withdrawal Fee 0 0
Deposit Fee 0 0
Inactivity Fee 0
Cost Per Trade 0 0
Cost Per Month 0 0
Forex (EUR/USD) 0.5 pips 1
Stocks & ETF 2.32 pips 0.08% with $1 min. commission on US stocks
CFD (Gold) 2,32 pips $0.60
Crypto 32.55 pips 0
Options 0 $0.75
Conversion Fees 0,75%
Misc. Fees 0
Overnight Fees

Mobile Trading

5.0

5.0

See details
Android
Apple
Watchlist
Econ. Calendar
Charting Tools

Deposit & Withdrawal

3.1

4.7

See details
Minimum deposit (in UAE) $100 $5000
Bank Wire
Credit/Debit Card
Cash
Check
Islamic Account Transfer
E-payments
Paypal
Skrill
Neteller

Assets

1.9

4.9

See details
Shares 0 30.000
ETF & Funds 0 5.800
Crypto 0 9
Commodities 0 0
Indices 0 0
Options 0 3.000
Futures 0 300
Bonds 0 4.200
Forex Instruments 44 200
CFD Indices & Funds 11 50
CFD Stocks 98 19.000
CFD Commodities 6 50
CFD Crypto 30 0
CFD Bonds 0 0
Binary Options 0 0
SWAPS 0 0
Saving Plans 0 0

Regulation

5.0

5.0

See details
Tier 1 License
Tier 2 License
Tier 3 License

Research & Education

4.3

4.8

See details
Webinars
Educational Resources
Daily News Updates
Market Indepth Analysis
Pers. Training & Room
Market Research

Customer Support

4.5

4.9

See details
Email
Phone
Live Chat
24/7 support
Multilingual
Personal Account Manager

Winner

FBS vs. Saxo Bank Comparison Conclusion

The outcomes of our comparison of FBS vs. Saxo Bank are wrapped up in the table below.

Broker:Best For:
FBSForex and CFD trading
Saxo BankPremium Trades and CFD Trading

Choosing the appropriate option in between FBS and Saxo Bank can be difficult. Both on the internet brokers have similarities but vary pertaining to trading tools, systems & applications, law, down payment & withdrawals, and study and education. Selecting the most effective broker depends upon individuals’ trading & investment objectives, specific choices, and experience degree.

To make a better-informed decision, users can read our detailed broker reviews, comparison or use our broker selector to help them find the ideal broker.

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