Saxo Bank vs. Swissquote Comparison

This contrast guide aids users who struggle to select between Saxo Bank and Swissquote to locate the most effective online broker for their trading and financial investment requirements. It assesses the main features of both brokers side-by-side to aid users contrast their solution and make a notified decision.

To help individuals pick the best broker between Saxo Bank and Swissquote to find the best-suited system, below is a list of broker’s pros and cons, adhered to by a contrast of their primary trading functions, including trading platforms & tools, charges, mobile trading, down payment & withdrawal, properties, law, and customer support.

Saxo Bank vs. Swissquote: Summary

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.

Swissquote logo

Swissquote is a low risk forex and CFD online broker, regulated by 4 top-tier financial regulators. It is a great choice for traders who are looking for high quality research, daily market updates, a great variety of tradable assets and account security on a Swiss bank.

Their Advance Trader proprietary trading platform suite is available as desktop, web and mobile version. Together with the MetaTrader platform suite, it delivers an excellent trading experience for traders and investors at all levels. Minimum deposit is $1000 and trading fees are above industry average. Swissquote operates a bank.

Choose Swissquote if you are looking to trade physical cryptos with a highly trusted online broker that also offers great banking services.

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

Pros

  • Great choice of trading instruments offered
  • Very good research and education
  • Great For Mobile Trading

Cons

  • Few deposit and withdrawal option

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

Key features

  • Access to 3,000 + financial instruments
  • Full MetaTrader Integration (MT4, MT5 and Advanced Trader)
  • Wide range of advanced trading tools and features
  • No inactivity fees
  • Algorithmic trading availability

Saxo Bank vs. Swissquote Comparison

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Compare brokers
Saxo

Saxo Bank

Open account Read review

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

Swissquote logo

Swissquote

Open account Read review

84.5% of retail investor accounts lose money when trading CFDs with this provider.

BROKER COMPARISON

Saxo
Swissquote logo

Overall rating

4,9/5

4,2/5

Overall rating

4,9/5

4,2/5

Trading Platform & Tools

4.9

4.2

See details
Automated Trading
Charting Tools
Conditional Orders
cTrader
Demo Account
Desktop Platform
Max Leverage 1:20 1:400
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
Mobile Version
Mutual Fund Management
Proprietary Platform
Social/Copy Trading
Trading Alerts
Trading signals
Watchlist
Web Version

Fees

4.7

3.0

See details
Withdrawal Fee 0 $10
Deposit Fee 0 0
Inactivity Fee 0
Cost Per Trade 0 0
Cost Per Month 0 0
Forex (EUR/USD) 1 1.6 pips
Stocks & ETF 0.08% with $1 min. commission on US stocks $9
CFD (Gold) $0.60 5.37 pips
Crypto 0 0.50%
Options $0.75 $1.49 per contract
Conversion Fees 0,75% 0
Misc. Fees 0 0
Overnight Fees

Mobile Trading

5.0

5.0

See details
Android
Apple
Watchlist
Econ. Calendar
Charting Tools

Deposit & Withdrawal

4.7

1.9

See details
Minimum deposit (in UAE) $5000 0
Bank Wire
Credit/Debit Card
Cash
Check
Islamic Account Transfer
E-payments
Paypal
Skrill
Neteller

Assets

4.9

4.9

See details
Shares 30.000 60
ETF & Funds 5.800 9000
Crypto 9 26
Commodities 0 0
Indices 0 0
Options 3.000 6
Futures 300 6
Bonds 4.200 53000
Forex Instruments 200 80
CFD Indices & Funds 50 26
CFD Stocks 19.000 0
CFD Commodities 50 12
CFD Crypto 0 12
CFD Bonds 0 3
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

4.8

5.0

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

Customer Support

4.9

4.5

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

Winner

Saxo Bank vs. Swissquote Comparison Conclusion

The outcomes of our contrast of Saxo Bank vs. Swissquote are involved the table listed below.

Broker:Best For:
Saxo BankPremium Trades and CFD Trading
SwissquoteInvestors

Picking the ideal selection between Saxo Bank and Swissquote can be tough. Both on-line brokers have similarities but vary concerning trading instruments, systems & applications, regulation, down payment & withdrawals, and research and education. Selecting the best broker depends upon users’ trading & investment objectives, specific 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.

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