Online brokers compared for fees, trading platforms, safety and more. See how eToro stacks up against Saxo Bank!
Last update of data—Jan 2023
eToro is a global social trading broker. It is regulated by top-tier authorities such as the UK FCA or Australia's ASIC. eToro USA LCC does not offer CFDs, only real Crypto assets available.
Saxo Bank is a Danish investment bank. It is regulated by several top-tier financial authorities globally, including the UK regulator called FCA (Financial Conduct Authority).
Recommended for traders interested in social trading (i.e. copying other investors’ trades) and zero commission stock trading.
Recommended for investors and traders looking for a great trading platform and solid research.
eToro
eToro is a global social trading broker. It is regulated by top-tier authorities such as the UK FCA or Australia's ASIC. eToro USA LCC does not offer CFDs, only real Crypto assets available.
Recommended for traders interested in social trading (i.e. copying other investors’ trades) and zero commission stock trading.
Saxo Bank
Saxo Bank is a Danish investment bank. It is regulated by several top-tier financial authorities globally, including the UK regulator called FCA (Financial Conduct Authority).
Recommended for investors and traders looking for a great trading platform and solid research.
eToro's service is on par with Saxo Bank's and a comparison of their fees shows that eToro's fees are lower than Saxo Bank's.
Account opening takes somewhat less effort at eToro compared to Saxo Bank, deposit and withdrawal processes are somewhat more complicated at eToro, while customer service quality is somewhat lower than Saxo Bank's.
Our experts rated the trading platform of eToro as being of the same quality as the platform of Saxo Bank, found that clients have access to about the same number of markets and products with eToro, while Saxo Bank provides better research and education.
Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology.
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