Saxo Bank
Trading 212
*Data marked with an asterisk contain additional info, expand the relevant sections below to see details.
Basic data of broker
Recommended for Investors and traders looking for a great trading platform and solid research
Best forex broker
Recommended for Equity investors and CFD traders looking for easy-to-use trading platforms
Denmark
Bulgaria
Fees
Average trading and non-trading fees, low forex fees
Commission-free real stocks and ETFs, high CFD fees
Stock and ETF fees
Forex fees
Fund fees
Bond fees
Options fees
Futures fees
Crypto fees
CFD fees
Non-trading fees
Deposit and withdrawal
26
8
Deposit type
Withdrawal type
Account opening
$2000
$0
1 day
1 day
Proof of identity: personal ID / passport / driver's licence Proof of residence: ID card / insurance card / utility bill / bank statement
Proof of identity: passport / national ID / driver's licence Proof of address: bank statement / utility bill / mortgage statement / credit card statement
Trading platform
Markets and products
Disclaimer: 67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Disclaimer: 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Research, education
Great
Great
Customer service
Security
€100,000 for cash and €20,000 for securities for most European clients; £85,000 for UK clients; CHF 100,000 for Swiss clients; HKD 500,000 for securities at Hong Kong entity; no protection for clients from Singapore, Japan and Australia
£85,000 for clients under FCA, and €20,000 for clients under CySEC or FSC Bulgaria
1992
2004
Denmark, UK, France, Italy, Switzerland, Singapore, Japan, Hong Kong, Australia
UK, Bulgaria, Cyprus
For detailed information and hands-on experience, read our review of this broker.
For detailed information and hands-on experience, read our review of this broker.
*Data marked with an asterisk contain additional info, expand the relevant sections below to see details.
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.
Saxo Bank's service is on par with Trading 212's and a comparison of their fees shows that Saxo Bank's fees are slightly higher than Trading 212's.
Account opening takes about the same effort at Saxo Bank compared to Trading 212, deposit and withdrawal processes are somewhat easier at Saxo Bank, while customer service quality is somewhat lower than Trading 212's.
Our experts rated the trading platform of Saxo Bank as being of the same quality as the platform of Trading 212, found that clients have access to slightly more markets and products with Saxo Bank, while Trading 212 provides less useful research and education.