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Compare Comdirect vs Saxo Bank


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

Comdirect vs Saxo Bank
overall rating
4.2 / 5.0
4.7 / 5.0
overall pros
  • Great research tools
  • Trading platform is customizable
  • Listed on a stock exchange, strong parent company
  • Outstanding research
  • Great trading platform
  • Broad product portfolio
overall cons
  • High fees
  • Complicated account opening for non-Germans/non-Austrians
  • Service only in German
  • High forex, bond, options, and futures fees
  • Slow account opening
  • Missing live chat
fees
2 stars
  • No withdrawal fee
  • Transparent fee structure
  • High trading fees
  • Inactivity fee
  • High financing rate
3 stars
  • No withdrawal fee
  • Transparent fee structure
  • Lower fees for Platinum and VIP clients
  • Inactivity fee
  • High financing rate
  • High forex, bond, options and futures fees
account opening
2 stars
  • Fully digital account opening process for German and Austrian clients
  • Complicated account opening for non-German citizens
3 stars
  • Fast account opening
  • Fully digital account opening
  • Available for residents of almost every country
  • Minimum account balance is higher than $500
  • Sales team pushy
  • Classic accounts available only in a single currency
deposit and withdrawal
4 stars
  • Free withdrawal
  • No deposit fee
  • Credit/Debit card deposit and withdrawal not available
5 stars
  • Free withdrawal
  • No deposit fee
  • Several account base currencies
  • Credit/Debit card withdrawal not available
web trading platform
4 stars
  • User-friendly
  • Good search function
  • Good customizability (for charts, workspace)
  • No price alerts
  • Slow
  • Separate platform for CFD trading
5 stars
  • User-friendly
  • Good search function
  • Looks nice
  • No two-step (safe) login
  • Limited customizability (for charts, workspace)
mobile trading platform
3 stars
  • Good search function
  • Good variety of order types
  • Order confirmation
  • Not user-friendly
  • No price alerts
5 stars
  • User-friendly
  • Good search function
  • Good variety of order types
  • No two-step (safe) login
desktop trading platform
-
5 stars
  • User-friendly
  • Good customizability (for charts, workspace)
  • Good search function
  • No two-step (safe) login
markets and products
3 stars
  • Stock
  • ETF
  • Forex
  • Fund
  • Bond
  • Options
  • Futures
  • CFD
  • Crypto
4 stars
  • Stock
  • ETF
  • Forex
  • Bond
  • Options
  • Futures
  • CFD
  • Crypto
  • SaxoSelect
research
5 stars
  • Good interactive chart
  • Analyst recommendations for stocks, bonds, etc.
  • Data on asset fundamentals
5 stars
  • Analyst recommendations for stocks, bonds, etc.
  • User-friendly
  • Good set of analytical tools
  • Most fundamental data is not free of charge
customer service
4 stars
  • Phone support
  • Live chat
  • Relevant answers
  • Communication only in German
  • Slow phone support
3 stars
  • Available in local languages
  • Relevant telephone support
  • Fast email support
  • No live chat
  • No 24/7 availability
education
4 stars
  • Demo account
  • Trading platform tutorial videos
  • Educational videos
5 stars
  • Demo account
  • Trading platform tutorial videos
  • Educational videos
  • Good production quality
  • Regulated by top tier financial authority
  • High level of investor protection
  • Banking background
  • Listed on stock exchange
  • Negative balance protection
  • Financial information is publicly available
  • Regulated by top tier financial authority
  • Banking background
  • Negative balance protection
  • Not listed on stock exchange
recommended for German speaking investors and CFD traders focusing mainly on European securities Investors and traders looking for a great trading platform and solid research