Compare City Index vs Saxo Bank

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

City Index vs Saxo Bank
open account	Visit broker 75% of retail CFD accounts lose money	Visit broker
overall rating	4.6	4.8
overall pros	Low fees for forex Fast and smooth account opening Diverse research tools	Great trading platform Outstanding research Broad product portfolio
overall cons	Limited product portfolio High stock CFD fees Non-user-friendly desktop platform	High bond, options and futures fees High minimum deposit Lacks live chat and 24/7 availability
fees	3.8 Low forex fees No withdrawal fee Inactivity fee High stock CFD fees	3.0 Low forex fees Low fund fees No withdrawal fee Inactivity fee High bond, options and futures fees
account opening	5.0 Fast Fully digital No minimum deposit	2.5 Fully digital User-friendly Available in almost every country Minimum deposit is high in certain countries Slow account verification
deposit and withdrawal	4.3 Credit/Debit card available Free withdrawal No deposit fee Problem with credit card withdrawal	4.8 Credit/Debit card available Free withdrawal No deposit fee Electronic wallets not available for deposit or withdrawal
web trading platform	4.3 User-friendly Good customizability (for charts, workspace) Good variety of order types No two-step (safer) login	5.0 User-friendly Clear fee report Two-step (safer) login
mobile trading platform	4.3 User-friendly Good search function Good variety of order types No two-step (safer) login No Touch/Face ID login	5.0 User-friendly Two-step (safer) login Good search function
desktop trading platform	3.0 Clear fee report Good customizability (for charts, workspace) Good variety of order types Not user-friendly No two-step (safer) login Outdated design	5.0 User-friendly Clear fee report Good customizability (for charts, workspace)
markets and products	2.0 Forex CFD Crypto	5.0 Stock ETF Forex Fund Bond Options Futures CFD Crypto SaxoSelect
research	4.3 Good interactive chart Trading ideas Quality news flow 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	4.0 Live chat Great phone support No 24/7 support Slow email support	4.0 Phone support Relevant answers No live chat No 24/7 support
education	5.0 Demo account Trading platform tutorial Educational videos	4.5 Demo account Trading platform tutorial Educational videos No educational articles
safety	Majority of clients belong to a top-tier financial authority Listed on stock exchange Negative balance protection	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 and CFD traders looking for low forex fees and great research tools	Investors and traders looking for a great trading platform and solid research

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