Compare Axi vs Saxo Bank


Online brokers compared for fees, trading platforms, safety and more. See how Axi stacks up against Saxo Bank!

Axi vs Saxo Bank
overall rating
4.4
4.8
overall pros
  • Low forex fees and no inactivity fee
  • No withdrawal and deposit fees
  • Fully digital account opening
  • Great trading platform
  • Outstanding research
  • Broad product portfolio
overall cons
  • Offers only forex and CFD trading
  • Limited research tools
  • 24/5 customer service
  • High bond, options and futures fees
  • High minimum deposit
  • Lacks live chat and 24/7 availability
fees
4.3
  • Low non-trading fees
  • Low forex fees
  • Average CFD fees
3.0
  • Low forex fees
  • Low fund fees
  • No withdrawal fee
  • Inactivity fee
  • High bond, options and futures fees
account opening
4.4
  • Fully digital
  • No minimum deposit
  • Low minimum deposit
  • Slower account opening time
2.5
  • Fully digital
  • User-friendly
  • Available in almost every country
  • Minimum deposit is high in certain countries
  • Slow account verification
deposit and withdrawal
4.4
  • Credit/Debit card available
  • Free withdrawal
  • No deposit fee
  • Withdrawal only via wire transfer or e-wallets
4.8
  • Credit/Debit card available
  • Free withdrawal
  • No deposit fee
  • Electronic wallets not available for deposit or withdrawal
web trading platform
2.8
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Order confirmation
  • No two-step (safer) login
  • No price alerts
  • Poor design
5.0
  • User-friendly
  • Clear fee report
  • Two-step (safer) login
mobile trading platform
3.8
  • User-friendly
  • Good search function
  • Price alerts
  • No two-step (safer) login
  • No Touch/Face ID login
  • No order confirmation
5.0
  • User-friendly
  • Two-step (safer) login
  • Good search function
desktop trading platform
3.4
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Price alerts
  • No two-step (safer) login
  • Poor design
  • Search function could be improved
5.0
  • User-friendly
  • Clear fee report
  • Good customizability (for charts, workspace)
markets and products
1.8
  • Forex
  • CFD
  • Crypto
5.0
  • Stock
  • ETF
  • Forex
  • Fund
  • Bond
  • Options
  • Futures
  • CFD
  • Crypto
  • SaxoSelect
research
3.0
  • User-friendly
  • Great economic calendar
  • No trading ideas
  • No fundamental data available
5.0
  • Good interactive chart
  • Trading ideas
  • Data on asset fundamentals
  • Most fundamental data is not free of charge
customer service
3.9
  • Phone support
  • Live chat
  • Fast response time
  • No 24/7 support
4.0
  • Phone support
  • Relevant answers
  • No live chat
  • No 24/7 support
education
4.5
  • Demo account
  • Trading platform tutorial
  • Educational videos
  • Not all contents are translated
4.5
  • Demo account
  • Trading platform tutorial
  • Educational videos
  • No educational articles
  • Majority of clients belong to a top-tier financial authority
  • Negative balance protection
  • Does not hold a banking license
  • Not listed on stock exchange
  • Financial information is not publicly available
  • Majority of clients belong to a top-tier financial authority
  • Banking background
  • Negative balance protection for EU (+some MENA) customers
  • Not listed on stock exchange
recommended for Forex traders familiar with the MetaTrader 4 platform Investors and traders looking for a great trading platform and solid research
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