Compare Saxo Bank vs Webull


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

Saxo Bank vs Webull
overall rating
4.8
4.4
overall pros
  • Great trading platform
  • Outstanding research
  • Broad product portfolio
  • Free stocks, ETFs, and options
  • Fast and easy account opening
  • Great trading platforms
overall cons
  • High bond, options and futures fees
  • High minimum deposit
  • Lacks live chat and 24/7 availability
  • Limited product portfolio
  • No credit/debit cards and electronic wallets for money transfer
  • No live chat and poor telephone support
fees
2.9
  • Low fund fees
  • No withdrawal fee
  • Lower fees for Platinum and VIP clients
  • Inactivity fee
  • High bond, options and futures fees
4.7
  • Low trading fees
  • Low non-trading fees
  • Free stocks, ETFs, options
  • High wire transfer costs
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
  • Only available for residents from the US
deposit and withdrawal
4.8
  • Credit/Debit card available
  • Free withdrawal
  • No deposit fee
  • Electronic wallets are not available for deposit or withdrawal
1.9
  • No deposit fee
  • User-friendly
  • Free ACH deposit and withdrawal
  • Credit/Debit card not available
  • Only one account base currency
  • High wire transfer fees
web trading platform
5.0
  • User-friendly
  • Clear fee report
  • Two-step (safer) login
4.5
  • User-friendly
  • Good customizability (for charts, workspace)
  • Good variety of order types
  • No two-step (safer) login
mobile trading platform
5.0
  • User-friendly
  • Two-step (safer) login
  • Good search function
5.0
  • User-friendly
  • Two-step (safer) login
  • Good variety of order types
desktop trading platform
5.0
  • User-friendly
  • Clear fee report
  • Good customizability (for charts, workspace)
4.5
  • User-friendly
  • Good customizability (for charts, workspace)
  • Good variety of order types
  • No two-step (safer) login
markets and products
5.0
  • Stock
  • ETF
  • Forex
  • Fund
  • Bond
  • Options
  • Futures
  • CFD
  • Crypto
  • SaxoSelect
1.7
  • Stock
  • ETF
research
5.0
  • Good interactive chart
  • Trading ideas
  • Data on asset fundamentals
  • Most fundamental data is not free of charge
3.5
  • Trading ideas
  • Data on asset fundamentals
  • User-friendly
  • Limited interactive charting
  • No/poor quality news flow
customer service
4.0
  • Phone support
  • Relevant answers
  • No live chat
  • No 24/7 support
0.8
  • Fast and relevant answers through the platform message center
  • No live chat
  • Slow telephone support
  • No answer to emails
education
4.5
  • Demo account
  • Trading platform tutorial
  • Educational videos
  • No educational articles
2.0
  • Demo account
  • No trading platform tutorial videos
  • No educational videos
  • No 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
  • High level of investor protection
  • No negative balance 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 Investors and traders looking for zero-commission trading and focusing on US markets
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