Saxo Bank vs. VT Markets

Page Summary

Saxo Bank and VT Markets are leading online brokers with top-tier licenses. Saxo Bank has premium trading platforms and research tools. It follows a transparent fee structure and offers trading discounts. Saxo Bank has licenses from the SFC, ASIC, FSA, MAS, FINMA, and FCA. We recommend it for active traders of all levels of experience. 

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Saxo

Saxo Bank

Open account Read review

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

VT Markets logo

VT Markets

Open account Read review

74-89% of retail CFD accounts lose money

BROKER COMPARISON

Saxo
VT Markets logo

Overall rating

4,9/5

3,8/5

Overall rating

4,9/5

3,8/5

Trading Platform & Tools

4.9

4.2

See details
Automated Trading
Charting Tools
Conditional Orders
cTrader
Demo Account
Desktop Platform
Max Leverage 1:20 500:1
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

4.6

See details
Withdrawal Fee 0 $20
Deposit Fee 0 0
Inactivity Fee 0
Cost Per Trade 0 0
Cost Per Month 0 0
Forex (EUR/USD) 1 0.2 pips
Stocks & ETF 0.08% with $1 min. commission on US stocks 0.1 pips
CFD (Gold) $0.60 0.1 pips
Crypto 0 0
Options $0.75 0
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

3.1

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

Assets

4.9

2.0

See details
Shares 30.000 0
ETF & Funds 5.800 0
Crypto 9 0
Commodities 0 0
Indices 0 0
Options 3.000 0
Futures 300 0
Bonds 4.200 0
Forex Instruments 200 40
CFD Indices & Funds 50 18
CFD Stocks 19.000 121
CFD Commodities 50 9
CFD Crypto 0 16
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

4.8

2.1

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

Customer Support

4.9

4.0

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

Winner

VT Markets is a MetaTrader4 broker with premium tools from Trading Central. It has top-tier licenses from the ASIC and FCA. VT Markets offers an excellent learning center on its website. We recommend it for both beginner and experienced traders because of its impressive offer. 

Both brokers have strengths and weaknesses. This article discusses the main differences between Saxo Bank and VT Markets. 

Top findings from the Saxo Bank vs. VT Markets review:  

  1. Saxo Bank is a premium broker with excellent social trading features. 
  2. VT Markets is an online broker with useful learning tools for new traders. 
  3. Both brokers offer a virtual trading account to test their offering. 

We recommend Saxo Bank to all traders who want reliable trading tools. However, VT Markets is a better choice for new traders as it has a dedicated learning center. 

Level of experience  

Both brokers provide reliable tools for new traders. Saxo Bank has many educational and market data, useful for advanced traders. It offers webinars, tutorials, and premium information. 

VT Markets is an online broker with reliable educational and research tools for beginners. It offers access to Trading Central and an investor dictionary. This broker has ZuluTrade and a demo account. 

Fees  

Saxo Bank has a high minimum deposit fee of US$10,000. VT Markets charges $200 for creating new accounts. The average EUR/USD spread at Saxo Bank is 0.8, while at VT Markets is 1.3. Saxo Bank offers an active trader discount, while VT Markets doesn’t. 

Assets  

Saxo Bank has 170 forex currency pairs, while VT Markets has 38 available pairs. Saxo Bank provides access to 9000 CFDs, while VT Markets has 129 available CFDs. 

Trading platform  

Saxo Bank has a premium desktop, web, and mobile trading platforms. These come with excellent research tools and a virtual trading account. Saxo Bank offers MetaTrader4 and social trading. It is a good choice for traders of all levels of experience. Saxo Bank has a higher initial deposit than competitor brokers. The trading fees at Saxo Bank are lower than competitor brokers. 

VT Markets is an online broker with access to the MT4 suite. It offers a dedicated learning center, including a demo account. VT Markets is an excellent choice for traders of all levels of experience because of its impressive tools and easy-to-learn features. 

Banking services  

Banking services are vital for an seamless online trading experience. Saxo Bank is a fully featured bank and offers bank transfers and credit/debit cards as funding options for its clients. VT Markets has 4 funding options, including bank transfers, credit/debit, and Skrill. 

Final verdict  

Saxo Bank and VT Markets are leading online brokers. Both have advantages and disadvantages depending on your trading needs and experience. We recommend Saxo Bank to active traders who want a VIP trading experience. VT Markets is a better choice for beginners because of its learning tools and competitive prices. 

Saxo Bank compared to other brokers:

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