| overall rating |
|
|
| overall pros |
- Low trading fees (free stock and ETF trading)
- User-friendly mobile trading platform
- Great research tools
|
- Great trading platform
- Outstanding research
- Broad product portfolio
|
| overall cons |
- Only US markets, no forex
- Only bank transfer
- Slow live chat
|
- High bond, options and futures fees
- High minimum deposit
- Lacks live chat and 24/7 availability
|
|
fees
|
- Free stock and ETF trading
- Some mutual funds and bonds are free
- Low non-trading fees
- High fees for non-free mutual funds
|
- Low forex fees
- Low fund fees
- No withdrawal fee
- Inactivity fee
- Custody fee
- High fees for options&futures
|
|
account opening
|
- Fully digital
- No minimum deposit
- User-friendly
- Slow account verification
|
- Fully digital
- User-friendly
- Available in almost every country
- Minimum deposit is high in certain countries
- Slow account verification
|
|
deposit and withdrawal
|
- No deposit fee
- User-friendly
- Credit/Debit card not available
- High fee for wire transfer withdrawal
|
- Credit/Debit card available
- Free withdrawal
- No deposit fee
- Electronic wallets not available for deposit or withdrawal
|
|
web trading platform
|
- User-friendly
- Clear fee report
- Two-step (safer) login
- Limited customizability (for charts, workspace)
|
- User-friendly
- Clear fee report
- Two-step (safer) login
|
|
mobile trading platform
|
- User-friendly
- Good search function
- Good variety of order types
|
- User-friendly
- Two-step (safer) login
- Good search function
|
|
desktop trading platform
|
|
- User-friendly
- Clear fee report
- Good customizability (for charts, workspace)
|
|
markets and products
|
- Stock
- ETF
- Fund
- Bond
- Options
- Futures
- Crypto
|
- Stock
- ETF
- Forex
- Fund
- Bond
- Options
- Futures
- CFD
- Crypto
- SaxoSelect
|
|
research
|
- Good interactive chart
- Trading ideas
- Data on asset fundamentals
|
- Good interactive chart
- Trading ideas
- Data on asset fundamentals
- Most fundamental data is not free of charge
|
|
customer service
|
- Phone support
- Live chat
- Relevant answers
|
- Phone support
- Relevant answers
- No live chat
- No 24/7 support
|
|
education
|
- Trading platform tutorial
- Educational videos
- Good production quality
- Demo account is only for Power E*TRADE
|
- Demo account
- Trading platform tutorial
- Educational videos
|
|
safety
|
- Majority of clients belong to a top-tier financial authority
- High level of investor protection
- Banking background
- No 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 |
Investors and traders looking for solid research and a great mobile trading platform
|
Investors and traders looking for a great trading platform and solid research
|
