This contrast overview helps individuals that struggle to choose between Saxo Bank and Trading212 to locate the best online broker for their trading and financial investment demands. It evaluates the main features of both brokers alongside to help users compare their solution and make an informed decision.
To help customers select the ideal broker in between Saxo Bank and Trading212 to locate the best-suited system, below is a list of broker’s benefits and drawbacks, adhered to by a contrast of their primary trading features, consisting of trading platforms & devices, fees, mobile trading, down payment & withdrawal, properties, guideline, and customer support.
Saxo Bank vs. Trading212: Summary
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.
Trading212 is a reputable CFD broker regulated by two top-tier regulators (CySEC and FCA). They offer users access to 7,000+ trading instruments including CFDs on forex, stocks, indexes, commodities and real stocks & ETFs. Trading 212 has two proprietary platforms; one for stocks and ETFs and the other one for CFDs. Both platforms are intuitively designed, and offer beginner to advanced trading features. These include dynamic charting, multiple advanced order types, and technical analysis tools like indicators.
Trading 212 has average trading fees compared to similar brokers like Pepperstone and IC Markets. They offer free stock and ETF trading, while forex trading fees are high. The broker does not charge deposit, withdrawal on inactivity fees.
Trading212’s customer support is available by live chat and email in English, German, French, and 5 other languages.
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
- Low minimum deposit ($0)
- 0% commission stock and ETF trading
- Access to 7,000 tradable symbols
- Availability of real stocks and ETFs
- Fast account opening
- Up to 1:30 leverage
Cons
- Not compatible with external trading platforms
- High deposit fees of 0,7%
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 a wide range of markets (stocks, commodities, forex, ETF’s, and cryptocurrency CFDs)
- Advanced trading and technical analysis tools
- Investors protection of up to $20,000
- Availability of fractional shares
- Easy to use mobile app
Saxo Bank vs. Trading212 Comparison
Select up to 3 Brokers
Saxo Bank
69% of retail investor accounts lose money when trading CFDs with this provider.
Trading212
BROKER COMPARISON
Trading Platform & Tools
| Automated Trading | ||
| Charting Tools | ||
| Conditional Orders | ||
| cTrader | ||
| Demo Account | ||
| Desktop Platform | ||
| Max Leverage | 1:20 | 1:500 |
| 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) | 1 | 2 pips |
| Stocks & ETF | 0.08% with $1 min. commission on US stocks | $0.007 per share |
| CFD (Gold) | $0.60 | 0.5 pips |
| Crypto | 0 | 50 pips |
| Options | $0.75 | 0 |
| Conversion Fees | 0,75% | |
| Misc. Fees | 0 | |
| Overnight Fees |
Deposit & Withdrawal
| Minimum deposit (in UAE) | $5000 | 0 |
| Bank Wire | ||
| Credit/Debit Card | ||
| Cash | ||
| Check | ||
| Islamic Account Transfer | ||
| E-payments | ||
| Paypal | ||
| Skrill | ||
| Neteller |
Assets
| Shares | 30.000 | 10000 |
| ETF & Funds | 5.800 | 1800 |
| Crypto | 9 | 2 |
| Commodities | 0 | 0 |
| Indices | 0 | 0 |
| Options | 3.000 | 0 |
| Futures | 300 | 0 |
| Bonds | 4.200 | 0 |
| Forex Instruments | 200 | 179 |
| CFD Indices & Funds | 50 | 63 |
| CFD Stocks | 19.000 | 1730 |
| CFD Commodities | 50 | 28 |
| 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
Saxo Bank vs. Trading212 Comparison Conclusion
The results of our contrast of Saxo Bank vs. Trading212 are wrapped up in the table listed below.
| Broker: | Best For: |
| Saxo Bank | Premium Trades and CFD Trading |
| Trading212 | CFD trading and equity investing |
Choosing the ideal selection between Saxo Bank and Trading212 can be tough. Both on the internet brokers have similarities yet differ relating to trading tools, platforms & apps, law, down payment & withdrawals, and research and education. Selecting the very best broker depends on customers’ trading & financial investment objectives, individual preferences, 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.