Compare moomoo vs Saxo Bank


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

moomoo vs Saxo Bank
overall rating
4.5
4.8
overall pros
  • Free stocks, ETFs and options
  • Fast and easy account opening
  • Quality analytical tools
  • Great trading platform
  • Outstanding research
  • Broad product portfolio
overall cons
  • Limited product portfolio
  • Only bank transfer for deposit/withdrawal
  • No live chat or telephone support
  • High bond, options and futures fees
  • High minimum deposit
  • Lacks live chat and 24/7 availability
fees
4.7
  • Commission-free stocks, ETFs, and options
  • No inactivity fee
  • High margin rates
3.3
  • Low forex fees
  • Low fund fees
  • No withdrawal fee
  • Inactivity fee
  • High bond, options and futures fees
account opening
4.4
  • Fully digital
  • No minimum deposit
  • Fast
  • Available only in the US and Singapore
2.5
  • Fully digital
  • User-friendly
  • Available in almost every country
  • Minimum deposit is high in certain countries
  • Slow account verification
deposit and withdrawal
1.9
  • No deposit fee
  • User-friendly
  • Credit/Debit card not available
  • Only one account base currency
  • High wire withdrawal fee
4.8
  • Credit/Debit card available
  • Free withdrawal
  • No deposit fee
  • Electronic wallets not available for deposit or withdrawal
web trading platform
5.0
  • User-friendly
  • Clear fee report
  • Two-step (safer) login
mobile trading platform
4.5
  • 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
4.5
  • User-friendly
  • Clear fee report
  • Good customizability (for charts, workspace)
  • No two-step (safer) login
5.0
  • User-friendly
  • Clear fee report
  • Good customizability (for charts, workspace)
markets and products
2.1
  • Stock
  • ETF
  • Options
5.0
  • Stock
  • ETF
  • Forex
  • Fund
  • Bond
  • Options
  • Futures
  • CFD
  • Crypto
  • SaxoSelect
research
5.0
  • Good interactive chart
  • Data on asset fundamentals
  • Good set of analytical tools
5.0
  • Good interactive chart
  • Trading ideas
  • Data on asset fundamentals
  • Most fundamental data is not free of charge
customer service
1.5
  • Good email support
  • No phone support
  • No live chat
  • No 24/7 support
4.0
  • Phone support
  • Relevant answers
  • No live chat
  • No 24/7 support
education
2.0
  • Demo account
  • Educational texts
  • No trading platform tutorial videos
  • No educational videos
  • No webinars
4.5
  • Demo account
  • Trading platform tutorial
  • Educational videos
  • No educational articles
  • Majority of clients belong to a top-tier financial authority
  • High level of investor protection
  • Parent company listed on stock exchange
  • 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 zero-commission trading and focusing on US markets. Investors and traders looking for a great trading platform and solid research
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