This comparison guide aids individuals that have a hard time to select in between FxPro and Saxo Bank to locate the very best online broker for their trading and investment demands. It evaluates the main features of the two brokers alongside to help users contrast their solution and make an educated decision.
To aid users choose the best broker in between FxPro and Saxo Bank to discover the best-suited system, below is a checklist of broker’s pros and cons, adhered to by a comparison of their major trading attributes, including trading systems & devices, fees, mobile trading, deposit & withdrawal, properties, law, and customer support.
FxPro vs. Saxo Bank: Summary
FxPro is a reputable forex and CFD broker regulated by two tier-one regulators including the FCA and MiFID. They allow users to trade on over 2,200 tradable symbols including 400 CFDs on forex,shares, cryptos, indices and metals. FXPro users can choose from a variety of trading platforms including a proprietary platform (FxPro Edge), MetaTrader 4, MetaTrader 5, and cTrader. They also have access to various trading tools like Trading Central trading signals, over 50 indicators and a handful of charting tools.
FxPro trading fees are above industry average when compared to industry leaders like Pepperstone or IG. The broker’s minimum deposit requirement is $0.
Their customer support is available 24/7 by email, live chat, and phone in English, Arabic, and over 20 other languages.
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
- Access to 2,200 tradable symbols
- MetaTrader 4, MetaTrader 5, and cTrader integration
- Fast order execution
- Excellent customer support
- Micro lot trading
- Fast order execution
Cons
- Only offers CFD and forex trading
- Slightly above average trading fees
- Inactivity fees
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
- Access to 2,200 + tradable instruments
- Wide range of mobile trading apps (FxPro edge, MT4, MT5 and cTrader)
- Competitive forex spreads from 1.2 pips EUR/USD
- MT4, MT5 and cTrader integration
- Trading signals by Trading Central
- Fast and reliable order execution below 14ms
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
FxPro vs. Saxo Bank Comparison
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FXPro
Saxo Bank
69% of retail investor accounts lose money when trading CFDs with this provider.
BROKER COMPARISON
Trading Platform & Tools
| Automated Trading | ||
| Charting Tools | ||
| Conditional Orders | ||
| cTrader | ||
| Demo Account | ||
| Desktop Platform | ||
| Max Leverage | 500:1 | 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
| Withdrawal Fee | 0 | 0 |
| Deposit Fee | 0 | 0 |
| Inactivity Fee | $5 | |
| Cost Per Trade | 0 | 0 |
| Cost Per Month | 0 | 0 |
| Forex (EUR/USD) | 1.1 pips | 1 |
| Stocks & ETF | 0 | 0.08% with $1 min. commission on US stocks |
| CFD (Gold) | 3.5 pips | $0.60 |
| Crypto | 0 | 0 |
| Options | 0 | $0.75 |
| Conversion Fees | 0,75% | |
| Misc. Fees | 0 | 0 |
| Overnight Fees |
Deposit & Withdrawal
| Minimum deposit (in UAE) | $100 | $5000 |
| Bank Wire | ||
| Credit/Debit Card | ||
| Cash | ||
| Check | ||
| Islamic Account Transfer | ||
| E-payments | ||
| Paypal | ||
| Skrill | ||
| Neteller |
Assets
| 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 | 70 | 200 |
| CFD Indices & Funds | 42 | 50 |
| CFD Stocks | 2030 | 19.000 |
| CFD Commodities | 8 | 50 |
| CFD Crypto | 31 | 0 |
| CFD Bonds | 0 | 0 |
| Binary Options | 0 | 0 |
| SWAPS | 0 | 0 |
| Saving Plans | 0 | 0 |
Research & Education
| Webinars | ||
| Educational Resources | ||
| Daily News Updates | ||
| Market Indepth Analysis | ||
| Pers. Training & Room | ||
| Market Research |
Customer Support
| Phone | ||
| Live Chat | ||
| 24/7 support | ||
| Multilingual | ||
| Personal Account Manager |
Winner
FxPro vs. Saxo Bank Comparison Conclusion
The results of our contrast of FxPro vs. Saxo Bank are wrapped up in the table listed below.
| Broker: | Best For: |
| FxPro | Forex and CFDs; MetaTrader Broker |
| Saxo Bank | Premium Trades and CFD Trading |
Choosing the best selection in between FxPro and Saxo Bank can be challenging. Both on the internet brokers have resemblances but vary relating to trading tools, systems & applications, guideline, down payment & withdrawals, and study and education. Picking the most effective broker relies on customers’ trading & investment goals, individual choices, and experience level.
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.