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Compare DEGIRO vs Saxo Bank


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

DEGIRO vs Saxo Bank
overall rating
4.7 / 5.0
4.7 / 5.0
overall pros
  • One of the lowest fees in the market
  • Broad access to international markets
  • Easy to use web and mobile platform
  • Outstanding research
  • Great trading platform
  • Broad product portfolio
overall cons
  • Limited research and education
  • No forex trading
  • No credit/debit card deposit and withdrawal
  • High forex, bond, options, and futures fees
  • Slow account opening
  • Missing live chat
fees
5 stars
  • Low trading fees
  • Low non-trading fees
  • No withdrawal fee
  • At some ETFs, one free trade per month
  • Yearly service fee for mutual funds
  • Higher trading fees for Asian and smaller European stock exchanges
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
5 stars
  • Fully digital account opening
  • No minimum deposit
  • User-friendly
3 stars
  • Fast account opening
  • Fully digital account opening
  • Available for residents of almost every country
  • Minimum deposit is higher than $500
  • Sales team pushy
  • Classic accounts available only in a single currency
deposit and withdrawal
3 stars
  • Free withdrawal
  • No deposit fee
  • Several account base currencies
  • Credit/Debit card 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
  • Two-step (safer) login
  • Looks appealing
  • Limited customizability (for charts, workspace)
  • No price alerts
5 stars
  • User-friendly
  • Good search function
  • Looks appealing
  • No two-step (safer) login
  • Limited customizability (for charts, workspace)
mobile trading platform
4 stars
  • User-friendly
  • Two-step (safer) login
  • Good variety of order types
  • Order confirmation
  • Available in several languages
  • No price alerts
5 stars
  • User-friendly
  • Good search function
  • Good variety of order types
  • No two-step (safer) login
desktop trading platform
-
5 stars
  • User-friendly
  • Good customizability (for charts, workspace)
  • Good search function
  • No two-step (safer) login
markets and products
3 stars
  • Stock
  • ETF
  • Fund
  • Bond
  • Options
  • Futures
  • CFD
  • Crypto
4 stars
  • Stock
  • ETF
  • Forex
  • Bond
  • Options
  • Futures
  • CFD
  • Crypto
  • SaxoSelect
research
2 stars
  • User-friendly
  • No analyst recommendations
  • No fundamental data available
  • No/limited set of analytic tools
5 stars
  • Analyst recommendations for any product
  • User-friendly
  • Good set of analytical tools
  • Most fundamental data is not free of charge
customer service
3 stars
  • Available in local languages
  • Relevant and fast telephone support
  • No live chat
  • No 24/7 availability
  • Not reliable email answer
3 stars
  • Available in local languages
  • Relevant telephone support
  • Fast email support
  • No live chat
  • No 24/7 availability
education
2 stars
  • Trading platform tutorial
  • Educational videos
  • No demo account
  • Only in the UK and NL
  • Missing educational texts
5 stars
  • Demo account
  • Trading platform tutorial
  • Educational videos
  • Good production quality
  • Regulated by top tier financial authority
  • Negative balance protection
  • Does not hold a banking license
  • Not listed on stock exchange
  • Regulated by top tier financial authority
  • Banking background
  • Negative balance protection
  • Not listed on stock exchange
recommended for Price-sensitive buy and hold investors and traders looking for only execution Investors and traders looking for a great trading platform and solid research