Admiral Markets Vs. Saxo Bank - Compare and Choose the Right One


Visit 75% of retail CFD accounts lose money.	Visit 65% of retail CFD accounts lose money.
Overview
Admiral Markets (now Admirals) is a global broker headquartered in Estonia with a comprehensive asset offering (5000+) in CFDs and real stocks or ETFs along with MetaTrader 4 & 5.	Saxo Bank is a Danish investment bank operating since 1992. It is one of the most regulated brokerages in the world with an exceptional selection of financial instruments.
Best For
Beginners looking to get started investing in stocks or ETFs Intermediate and advanced traders looking to trade CFDs Professional traders and asset managers	Professional investors looking to trade a variety of markets High net worth traders or investors
Licenses
Financial Licenses Regulation Regulated Top-tier Licenses 2 Other Licenses 2 Provided by TheTradingBible.com Learn More	Financial Licenses Regulation Regulated Top-tier Licenses 7 Other Licenses 0 Provided by TheTradingBible.com Learn More
🏛 Financial Regulators
ASIC (Australia) CySec (Cyprus) FCA (United Kingdom) JSC (Jordan)	ASIC (Australia) HKMA (Hong Kong) ADGM (United Arab Emirates) FINMA (Switzerland) MAS (Singapore) FFAJ (Japan) AFM (Netherlands)
The Good
Broad offering of 5000+ assets including CFDs, real stocks and ETFs MetaTrader 4 & 5 along their propietary trading app Tools for professionals and asset managers	Exceptional selection of financial instruments at one place 2 highly-customizable proprietary trading platforms API integration for 3rd party services like Excel or TradingView
The Bad
Costly spreads in some of their assets when compared to similar competitors No propietary web trading platform	High minimum deposit for certain countries Withdrawals via bank transfer only High fees on options and futures
Status
Operational	Operational
Recent News
N/A	N/A
Key Data
⌛ Account Opening Time
1 Day	4 Days
📋 Documents Required
Valid identity document (Passport, ID Card, etc) Valid proof of residence document (Bank statement, utility bills) All documents must be under the account holder's name.	Valid identity document (Passport, ID Card, etc) Valid proof of residence document (Bank statement, utility bills) All documents must be under the account holder's name.
📍 Year Founded
2001	1992
💳 Minimum Deposit
€, £, $ - 100	From 500 € to 2,000 € depending on residence
💰 Payment Methods
Visa Mastercard Bank Transfer Neteller Skrill	Visa Mastercard Bank Transfer
💵 Account Base Currencies
10 -EUR, GBP, USD, CHF, BGN, CZK, HRK, HUF, PLN, RON.	26 - AED, AUD, CAD, CHF, CNH, CZK, DKK, EUR, GBP, HKD, HUF, ILS, JPY, LTL, MXN, MYR, NOK, NZD, PLN, RON, RUB, SEK, SGD, TRY, USD, ZAR
🗽 Available to U.S Citizens
No	No
❌ Restricted Countries
US, CA.	US,BR,ES,IN,KE,MX,NG,PK,ZA
📊 STP Account
Yes	Yes
📊 DMA Account
Yes	Yes
📊 ECN Account
No	Yes
Assets
📚 Available Assets
Real stocks and ETFs CFDs on stocks, commodities, currencies, cryptocurrencies, indices and ETFs.	Real stocks, ETFs, bonds and options. CFDs on currencies, commodities, stocks, indices, ETFs, cryptocurrencies and bonds.
📙 Stocks
778 Real Stocks / 3,254 CFDs	30,000+
📘 Currency Pairs
40	182
📗 Commodities
28	19 (CFDs)
📕 Indices
43	29 (CFDs)
📔 ETFs
372 ETFs CFDs / 192 Real ETFs	5,400+
💸 Cryptocurrencies
42	9
📒 Bonds
2	5,000+
📓 Options
N/A	3,000+
📗 Futures
N/A	300+
📝 Notes:
Admiral Markets provides the option to trade either CFDs or real stocks and ETFs with their direct market access offering.	N/A
Trading Experience
📈 Minimum Stock Trade Size
Varies by share (Fractional share trading)	N/A
📉 Minimum ETFs Trade Size
N/A	N/A
📈 Minimum Crypto Trade Size
Varies by cryptocurrency (Eg: 0.01 BTC)	Varies by Cryptocurrency (eg: 0.01 units of BTC)
📉 Minimum FX Trade Size
$1000 (0.01 Lots)	$1,000 (0.01 lots)
📈 Minimum Commodities Trade Size
Varies by Commodity (Eg: 1 Troy ounce of Gold)	N/A
📉 Minimum Bonds Trade Size
N/A	N/A
📈 Minimum Futures Trade Size
N/A	N/A
📉 Minimum Options Trade Size
N/A	N/A
💪 Retail Leverage
Up to 1:30	Up to 1:30
💪 Professional Leverage
Up to 1:500	Up to 1:66
✍ Customisable Leverage
No	No
🎲 Deleveraged Trading
Yes	Yes
🎓 Demo Account
Yes	Yes
📱 IOS App
Yes	Yes
📱 Android App
Yes	Yes
📺 MetaTrader 4
Yes	No
📺 MetaTrader 5
Yes	No
💻 Web trader
Yes	Yes
💻 TradingView Platform
No	Yes (through API)
💻 Proprietary Platform
Yes (Only on mobile)	Yes
📊 Multi-chart Tools
Yes	Yes
👬 Copy Trading
Yes	Yes
👫 Social Trading
No	No
🔑 Guaranteed Stop-loss
Yes	No
🔨 Trailing Stop-loss
No	Yes
Fees
💰 Inactivity Fee
$10 monthly after 24 months of inactivity	Up to $150 after 6 months of inactivity, £25 after one quarter in the UK
💰 Deposit Fees
No	No
💰 Withdrawal Fees
No	No
💰 Commissions
Yes depending on account type (Eg: Zero MT4 or 5 accounts have a $3 per lot round turn commission, ASX shares have a 0.15% fee, etc)	$0.02/share (min $10) for US Stocks, from 0.10% (min €10) for other equity markets, €4 per futures contract
Spreads
📈 EUR/USD
From 0.8 Pips	0.8 Pips average - 0.4 for VIPs
📉 SP500
From 50 Pips	N/A
📈 GOLD
Dynamic - From 20 Pips	N/A
📉 TSLA (Stock CFD)
Dynamic - From $1.45	N/A
📈 XLK (ETF - CFD)
Dynamic - From 2 Pips	N/A
📉 BTC
Variable - From $208	N/A
Research and Analysis
⭐ Watchlists
Yes	Yes
🔭 Stock Screener
No	Yes
🗓 Economic Calendar
Yes	Yes
📜 Integrated Newsfeed
No	Yes
📡 Reuters Feed
No	No