This comparison overview assists users who battle to select in between Sarwa and Saxo Bank to find the best online broker for their trading and investment requirements. It evaluates the main features of the two brokers alongside to aid users contrast their service and make an educated decision.
To help users choose the right broker in between Sarwa and Saxo Bank to locate the best-suited system, below is a checklist of broker’s benefits and drawbacks, adhered to by a contrast of their major trading functions, including trading platforms & tools, fees, mobile trading, down payment & withdrawal, possessions, policy, and customer support.
Sarwa vs. Saxo Bank: Summary
Sarwa is a UAE based robo-advisor founded in 2017. It is regulated by both UAE financial regulators: the DFSA and the FSRA. Sarwa combines automated and manual investment services across various markets including stocks, ETFs, mutual funds, cryptocurrencies and indices.
Sarwa charges $0 commissions on stocks and cryptocurrencies. The broker does not charge conversion, withdrawal or inactivity fees. This makes Sarwa a low cost broker.
The minimum deposit required at Sarwa is low ($0). They allow direct deposits and withdrawals in AED (no conversion fees apply). Funding options at Sarwa are limited to bank wire transfers.
Sarwa’s customer service is available by email and phone. Their website additionally features and extensive FAQ section that answers users common questions on a regular basis.
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
- Direct AED deposits (without conversion fees)
- Automated and manual trading services
- Suitable for both beginner and professional traders
- Free financial advisory services
- Option to visit their offices in Dubai or Abu Dhabi and receive direct investment advice
- Competitive trading fees (0% commission on stocks and ETFs)
Cons
- Few banking options
- Limited markets
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
- Low stock trading fees ($0 commission)
- Wide range of assets (4,000 stocks & fractional shares)
- Easy to use trading interface
- Direct AED Deposits
- Simple buy and sell options
- Regulated by the DFSA and FSRA
- 0$ Minimum Deposit
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
Sarwa vs. Saxo Bank Comparison
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Sarwa
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 | 1:1 | 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 | 0 | |
| Cost Per Trade | 0 | 0 |
| Cost Per Month | 0 | 0 |
| Forex (EUR/USD) | 0 | 1 |
| Stocks & ETF | 0.85% | 0.08% with $1 min. commission on US stocks |
| CFD (Gold) | 0 | $0.60 |
| Crypto | 0.75% | 0 |
| Options | 0.85% | $0.75 |
| Conversion Fees | 0 | 0,75% |
| Misc. Fees | 0 | 0 |
| Overnight Fees |
Deposit & Withdrawal
| Minimum deposit (in UAE) | $0 | $5000 |
| Bank Wire | ||
| Credit/Debit Card | ||
| Cash | ||
| Check | ||
| Islamic Account Transfer | ||
| E-payments | ||
| Paypal | ||
| Skrill | ||
| Neteller |
Assets
| Shares | 4000 | 30.000 |
| ETF & Funds | 1 | 5.800 |
| Crypto | 1 | 9 |
| Commodities | 0 | 0 |
| Indices | 0 | 0 |
| Options | 1 | 3.000 |
| Futures | 1 | 300 |
| Bonds | 1 | 4.200 |
| Forex Instruments | 0 | 200 |
| CFD Indices & Funds | 0 | 50 |
| CFD Stocks | 0 | 19.000 |
| CFD Commodities | 0 | 50 |
| CFD Crypto | 0 | 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
Sarwa vs. Saxo Bank Comparison Conclusion
The outcomes of our contrast of Sarwa vs. Saxo Bank are involved the table listed below.
| Broker: | Best For: |
| Sarwa | Stocks and ETFs; Robo-advisor |
| Saxo Bank | Premium Trades and CFD Trading |
Selecting the best option in between Sarwa and Saxo Bank can be difficult. Both on the internet brokers have similarities yet differ concerning trading instruments, systems & applications, regulation, deposit & withdrawals, and study and education and learning. Choosing the very best broker relies on individuals’ trading & financial investment objectives, specific preferences, 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.