| overall rating |
|
|
| overall pros |
- Free stock trading
- Fast and easy account opening
- Great mobile trading platform
|
- Great trading platform
- Outstanding research
- Broad product portfolio
|
| overall cons |
- Limited product portfolio
- Basic research and missing educational tools
- Poor customer service
|
- High bond, options and futures fees
- High minimum deposit
- Lacks live chat and 24/7 availability
|
|
fees
|
- Low trading fees
- Low non-trading fees
- Free stock trading
|
- Low forex fees
- Low fund fees
- No withdrawal fee
- Inactivity fee
- High bond, options and futures fees
|
|
account opening
|
- Fast
- Fully digital
- No minimum deposit
|
- Fully digital
- User-friendly
- Available in almost every country
- Minimum deposit is high in certain countries
- Slow account verification
|
|
deposit and withdrawal
|
- Credit/Debit card available
- Free withdrawal
- No deposit fee
- Only one account base currency
- Funds can be blocked after cancel order
|
- 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
|
|
mobile trading platform
|
- User-friendly
- Good search function
- Touch/Face ID login
- No two-step (safer) login
- Limited 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
- Forex
- Fund
- Bond
- Options
- Futures
- CFD
- Crypto
- SaxoSelect
|
|
research
|
- User-friendly
- Live market data
- Limited interactive charting
- No trading ideas
- No fundamental data available
|
- Good interactive chart
- Trading ideas
- Data on asset fundamentals
- Most fundamental data is not free of charge
|
|
customer service
|
- No 24/7 support
- Irrelevant answers
- Only pre-recorded answers on the phone
|
- Phone support
- Relevant answers
- No live chat
- No 24/7 support
|
|
education
|
- No demo account
- No trading platform tutorial videos
- No educational videos
|
- Demo account
- Trading platform tutorial
- Educational videos
|
|
safety
|
- Majority of clients belong to a top-tier financial authority
- Banking background
- Not listed on stock exchange
- Financial information is not publicly available
|
- 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 |
Beginners looking for free trading and a great mobile-only trading platform
|
Investors and traders looking for a great trading platform and solid research
|
