Compare Saxo Bank vs Trade Nation


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

Saxo Bank vs Trade Nation
overall rating
4.8
4.4
overall pros
  • Great trading platform
  • Outstanding research
  • Broad product portfolio
  • Free deposit and withdrawal
  • Excellent research and education tools
  • Good customer support
overall cons
  • High bond, options and futures fees
  • High minimum deposit
  • Lacks live chat and 24/7 availability
  • Slim product portfolio
  • No live chat
  • Desktop platform lacks safer login
fees
3.3
  • Low forex fees
  • Low fund fees
  • No withdrawal fee
  • Inactivity fee
  • High bond, options and futures fees
3.5
  • No inactivity fee
  • Low stock and index CFD fees
  • High forex fees
  • Average trading fees
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
  • No minimum deposit
deposit and withdrawal
4.8
  • Credit/Debit card available
  • Free withdrawal
  • No deposit fee
  • Electronic wallets not available for deposit or withdrawal
4.5
  • Credit/Debit card available
  • Free withdrawal
  • No deposit fee
  • Few minor account base currency available
web trading platform
5.0
  • User-friendly
  • Clear fee report
  • Two-step (safer) login
4.5
  • User-friendly
  • Good search function
  • Guaranteed Stops
  • No two-step (safer) login
mobile trading platform
5.0
  • User-friendly
  • Two-step (safer) login
  • Good search function
4.3
  • User-friendly
  • Good search function
  • 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)
3.4
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Price alerts
  • No two-step (safer) login
  • Poor design
  • Search function could be improved
markets and products
5.0
  • Stock
  • ETF
  • Forex
  • Fund
  • Bond
  • Options
  • Futures
  • CFD
  • Crypto
  • SaxoSelect
1.5
  • Forex
  • CFD
  • Spread betting
research
5.0
  • Good interactive chart
  • Trading ideas
  • Data on asset fundamentals
  • Most fundamental data is not free of charge
4.3
  • Good interactive chart
  • Quality news flow
  • No fundamental data available
customer service
4.0
  • Phone support
  • Relevant answers
  • No live chat
  • No 24/7 support
4.0
  • Phone support
  • Fast response time
  • Email
  • No live chat
  • No 24/7 support
education
4.5
  • Demo account
  • Trading platform tutorial
  • Educational videos
  • No educational articles
5.0
  • Trading platform tutorial
  • Educational videos
  • Webinars
  • 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
  • Negative balance protection
  • 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 Spread, forex and CFD traders looking for a great trading platform and quality customer service
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