Compare Saxo Bank vs Stake


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

Saxo Bank vs Stake
overall rating
4.8
4.4
overall pros
  • Great trading platform
  • Outstanding research
  • Broad product portfolio
  • Free stock and ETF trading
  • Fast and fully digital account opening
  • Easy-to-use trading platforms
overall cons
  • High bond, options and futures fees
  • High minimum deposit
  • Lacks live chat and 24/7 availability
  • Basic product portfolio
  • Limited availability of customer service
  • Lack of educational tools
fees
3.0
  • Low forex fees
  • Low fund fees
  • No withdrawal fee
  • Inactivity fee
  • High bond, options and futures fees
4.8
  • Free stock and ETF trading
  • No inactivity fee
  • Transparent fee structure
  • Withdrawal fee
account opening
2.5
  • Fully digital
  • User-friendly
  • Available in almost every country
  • Minimum deposit is high in certain countries
  • Slow account verification
5.0
  • Fast
  • Fully digital
  • Low minimum deposit
deposit and withdrawal
4.8
  • Credit/Debit card available
  • Free withdrawal
  • No deposit fee
  • Electronic wallets not available for deposit or withdrawal
3.7
  • Credit/Debit card available for AU, NZ customers
  • Only one account base currency
  • $2 withdrawal fee
web trading platform
5.0
  • User-friendly
  • Clear fee report
  • Two-step (safer) login
3.6
  • User-friendly
  • Clear fee report
  • Two-step (safer) login
  • Limited customizability (for charts, workspace)
  • No price alerts
mobile trading platform
5.0
  • User-friendly
  • Two-step (safer) login
  • Good search function
3.6
  • User-friendly
  • Touch/Face ID login
  • Order confirmation
  • No two-step (safer) login
  • No price alerts
desktop trading platform
5.0
  • User-friendly
  • Clear fee report
  • Good customizability (for charts, workspace)
markets and products
5.0
  • Stock
  • ETF
  • Forex
  • Fund
  • Bond
  • Options
  • Futures
  • CFD
  • Crypto
  • SaxoSelect
1.6
  • Stock
  • ETF
research
5.0
  • Good interactive chart
  • Trading ideas
  • Data on asset fundamentals
  • Most fundamental data is not free of charge
3.3
  • Data on asset fundamentals
  • User-friendly
  • Live market data
  • Limited interactive charting
  • No/limited set of analytic tools
  • Some research tools available only for premium account holders
customer service
4.0
  • Phone support
  • Relevant answers
  • No live chat
  • No 24/7 support
0.4
  • Fast response time
  • No phone support
  • No live chat
  • No 24/7 support
education
4.5
  • Demo account
  • Trading platform tutorial
  • Educational videos
  • No educational articles
0.5
  • Easy to understand
  • No demo account
  • No trading platform tutorial videos
  • No educational videos
  • 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
  • Majority of clients belong to a top-tier financial authority
  • High level of investor protection
  • Does not hold a banking license
  • Not listed on stock exchange
  • Financial information is not publicly available
recommended for Investors and traders looking for a great trading platform and solid research Beginners and investors looking for free US stocks/ETFs and a simple, easy to use trading platform
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