Online brokers compared for fees, trading platforms, safety and more. See how Royal stacks up against Saxo Bank!
Last update of data—Dec 2022
Royal is an Australian forex broker. It is regulated by many regulators globally, including the top-tier Australian ASIC.
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 looking for low forex fees and preferring the MetaTrader platform.
Recommended for investors and traders looking for a great trading platform and solid research.
Royal
Royal is an Australian forex broker. It is regulated by many regulators globally, including the top-tier Australian ASIC.
Recommended for traders looking for low forex fees and preferring the MetaTrader platform.
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.
Royal's service is slightly weaker than Saxo Bank's and a comparison of their fees shows that Royal's fees are similar to Saxo Bank's.
Account opening takes somewhat less effort at Royal compared to Saxo Bank, deposit and withdrawal processes are about the same quality at Royal, while customer service quality is somewhat better than Saxo Bank's.
Our experts rated the trading platform of Royal as less user-friendly than the platform of Saxo Bank, found that clients have access to much less markets and products with Royal, while Saxo Bank provides somewhat 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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