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Compare Saxo Bank vs TradeStation Global


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

Saxo Bank vs TradeStation Global
overall rating
4.7 / 5.0
4.5 / 5.0
overall pros
  • Outstanding research
  • Great trading platform
  • Broad product portfolio
  • Low trading fees
  • Wide range of products
  • Fast and relevant customer service
overall cons
  • High forex, bond, options, and futures fees
  • Slow account opening
  • Missing live chat
  • Not user-friendly deposit and withdrawal
  • Complicated account opening
  • Under-developed web trading platform
fees
3 stars
  • No withdrawal fee
  • Transparent fee structure
  • Lower fees for Platinum and VIP clients
  • Inactivity fee
  • High financing rate
  • High forex, bond, options and futures fees
4 stars
  • Low financing rate
  • Withdrawal fee
  • $10 inactivity fee
account opening
3 stars
  • Fast account opening
  • Fully digital account opening
  • Available for residents of almost every country
  • Minimum deposit is higher than $500
  • Sales team pushy
  • Classic accounts available only in a single currency
2 stars
  • Fully digital account opening
  • Dedicated account manager
  • Not user-friendly
  • Slow account opening, 1-2 days
  • Minimum account balance is $1,000
deposit and withdrawal
5 stars
  • Free withdrawal
  • No deposit fee
  • Several account base currencies
  • Credit/Debit card withdrawal not available
2 stars
  • Several account base currencies
  • No charge for the first withdrawal every month.
  • Credit/Debit card not available
  • Slow funding and withdrawal - over 3 days
web trading platform
5 stars
  • User-friendly
  • Good search function
  • Looks appealing
  • No two-step (safer) login
  • Limited customizability (for charts, workspace)
2 stars
  • Clear fee report
  • Good variety of order types
  • Not user-friendly
  • Poor search function
  • Difficult to set the alerts
mobile trading platform
5 stars
  • User-friendly
  • Good search function
  • Good variety of order types
  • No two-step (safer) login
4 stars
  • Two-step (safer) login
  • Good search function
  • Innovative functions (i.e. Chatbot)
  • Not user-friendly
desktop trading platform
5 stars
  • User-friendly
  • Good customizability (for charts, workspace)
  • Good search function
  • No two-step (safer) login
3 stars
  • Good customizability (for charts, workspace)
  • Good variety of order types
  • Not user-friendly
  • No clear fee report available
  • Poor search function
markets and products
4 stars
  • Stock
  • ETF
  • Forex
  • Bond
  • Options
  • Futures
  • CFD
  • Crypto
  • SaxoSelect
5 stars
  • Stock
  • ETF
  • Forex
  • Fund
  • Bond
  • Options
  • Futures
  • CFD
  • Crypto
research
5 stars
  • Analyst recommendations for any product
  • User-friendly
  • Good set of analytical tools
  • Most fundamental data is not free of charge
3 stars
  • Good interactive chart
  • Good quality news flow
  • No analyst recommendations
  • Limited fundamental data
customer service
3 stars
  • Available in local languages
  • Relevant telephone support
  • Fast email support
  • No live chat
  • No 24/7 availability
4 stars
  • Fast response time
  • Relevant answers
  • No live chat
  • No 24/7
education
5 stars
  • Demo account
  • Trading platform tutorial
  • Educational videos
  • Good production quality
0 stars
  • Regulated by top tier financial authority
  • Banking background
  • Negative balance protection
  • Not listed on stock exchange
  • Regulated by top tier financial authority
  • High level of investor protection
  • Parent company listed on stock exchange
recommended for Investors and traders looking for a great trading platform and solid research Traders looking for low fees and a lot of products