Compare Saxo Bank vs Vantage FX


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

Saxo Bank vs Vantage FX
overall rating
4.8
4.4
overall pros
  • Great trading platform
  • Outstanding research
  • Broad product portfolio
  • Low fees
  • Super fast account opening
  • Seamless deposit and withdrawal
overall cons
  • High bond, options and futures fees
  • High minimum deposit
  • Lacks live chat and 24/7 availability
  • Limited product selection
  • Customer service could be improved
  • No investor protection
fees
3.3
  • Low forex fees
  • Low fund fees
  • No withdrawal fee
  • Inactivity fee
  • High bond, options and futures fees
4.2
  • Low forex fees
  • No withdrawal fee
  • No inactivity fee
  • High financing rate
  • High stock CFD 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
  • 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
4.5
  • Credit/Debit card available
  • No deposit fee
  • Quick deposit and withdrawal
  • International bank withdrawals (after the first one in each month) have a high fee
web trading platform
5.0
  • User-friendly
  • Clear fee report
  • Two-step (safer) login
2.8
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Order confirmation
  • No two-step (safer) login
  • No price alerts
  • Poor design
mobile trading platform
5.0
  • User-friendly
  • Two-step (safer) login
  • Good search function
3.8
  • User-friendly
  • Two-step (safer) login
  • Good search function
  • No price alerts
  • No Touch/Face ID login
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
markets and products
5.0
  • Stock
  • ETF
  • Forex
  • Fund
  • Bond
  • Options
  • Futures
  • CFD
  • Crypto
  • SaxoSelect
1.6
  • Forex
  • CFD
  • Crypto
research
5.0
  • Good interactive chart
  • Trading ideas
  • Data on asset fundamentals
  • Most fundamental data is not free of charge
4.3
  • Trading ideas
  • Data on asset fundamentals
  • User-friendly
  • Limited interactive charting
  • Most tools are available only with $1,000 minimum account balance
customer service
4.0
  • Phone support
  • Relevant answers
  • No live chat
  • No 24/7 support
2.8
  • Live chat available
  • Relevant answers on the phone
  • No 24/7 support
  • Mediocre email support
education
4.5
  • Demo account
  • Trading platform tutorial
  • Educational videos
  • No educational articles
5.0
  • Demo account
  • 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
  • Negative balance protection
  • No investor protection
  • Does not hold a banking license
  • Not listed on stock exchange
recommended for Investors and traders looking for a great trading platform and solid research Forex and CFD traders familiar with the MetaTrader trading platforms
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