easyMarkets Vs. Saxo Bank - Compare Trustworthiness, Capabilities, Fees and Legitimacy


Visit 61% of retail CFD accounts lose money.	Visit 69% of retail CFD accounts lose money.
Overview
Founded in 2001, easyMarkets offers three types of accounts – VIP, Premium and Standard – with fixed spreads for its Web, App and MT4 platforms.	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
Forex traders who want transparent trades with fixed spreads Traders who want access to higher leverage with its global entities	Professional investors looking to trade a variety of markets High net worth traders or investors
Licenses
Financial Licenses Regulation Regulated Top-tier Licenses 1 Other Licenses 3 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
CySec (Cyprus) FSAS (Seychelles) FSC (British Virgin Islands) ASIC (Australia)	ASIC (Australia) HKMA (Hong Kong) ADGM (United Arab Emirates) FINMA (Switzerland) MAS (Singapore) FFAJ (Japan) AFM (Netherlands)
The Good
Low minimum deposit required for standard accounts No fees or commissions Clear trading conditions with fixed spreads Offers free guaranteed stop loss	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
Asset offering isn’t that comprehensive There is no possibility of buying real stocks or ETFS Limited trading hours	High minimum deposit for certain countries Withdrawals via bank transfer only High fees on options and futures
Status
Operational	Operational
Recent News
No fresh news at the moment. Check again soon!	No fresh news at the moment. Check again soon!
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 Range
$25 for Standard account, $2,000 for premium and $10,000 for VIP	From $500 up to $2,000
💰 Payment Methods
Visa Mastercard American Express Maestro JCB Skrill Neteller AstroPay Sofort giropay Ideal Bank transfer BPay Fasapay Sticpay WebMoney bitwallet Perfect Money	Visa Mastercard Bank Transfer
💵 Account Base Currencies
19 - EUR, CAD, CZK, JPY, NZD, USD, SGD, CHF, GBP, MXN, AUD, PLN, TRY, CNY, HKD, NOK, SEK, ZAR, BTC.	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, IL, CA, AF, AI, BI, KY, KY, TD, CD, CG, DM, GQ, FJ, GW, HY, HN, IR, IQ, LA, MZ, MM, NI, KP, PW, PA, SO, SS, SD, SY, TT, TM, VU, VE, YE.	US, BR, ES, IN, KE, MX, NG, PK, ZA.
📊 STP Account
No	Yes
📊 DMA Account
No	Yes
📊 ECN Account
No	Yes
Banking License
No	No
Debit Card
No	No
Assets
📚 Assets Type
CFDs	Hybrid
Total Asset Offering
196	49,339
Exchange Access
0	0
📙 Real Stocks
0	30,000
📙 Stock CFDs
64	0
📘 Currency Pairs
0	0
📘 Currency Pair CFDs
62	182
📗 Commodities
0	0
📗 Commodities CFDs
17	19
📕 Indices
0	0
📕 Indices CFDs
13	29
📔 ETFs
0	5,400
📔 ETFs CFDs
0	5,400
💸 Cryptocurrencies
0	0
💸 Cryptocurrency CFDs
17	9
📒 Bonds
0	5,000
📒 Bonds CFDs
0	0
📓 Options
0	3,000
📓 Options CFDs
23	0
📗 Futures
0	300
📗 Futures CFDs
0	0
Trading Experience
📈 Minimum Stock Trade Size
Varies per stock (Eg: AMZN 0.05, APPL 0.25)	Unavailable
📉 Minimum ETFs Trade Size
Unavailable	Unavailable
📈 Minimum Crypto Trade Size
$2,500 (0.025 Lots)	Varies by Cryptocurrency (eg: 0.01 units of BTC)
📉 Minimum FX Trade Size
$2,500 (0.025 Lots)	$1,000 (0.01 lots)
📈 Minimum Commodities Trade Size
Varies per commodity (Eg: $25 for WTI, $75 for XAG)	Unavailable
📉 Minimum Bonds Trade Size
Unavailable	Unavailable
📈 Minimum Futures Trade Size
Unavailable	Unavailable
📉 Minimum Options Trade Size
Unavailable	Unavailable
💪 Retail Leverage
30	30
💪 Professional Leverage
500	66
✍ Customisable Leverage
Yes	No
🎲 Deleveraged Trading
No	Yes
🎓 Demo Account
Yes	Yes
📱 IOS App
Yes	Yes
📱 Android App
Yes	Yes
📺 MetaTrader 4
Yes	No
📺 MetaTrader 5
No	No
📺 cTrader
No	No
💻 Web trader
Yes	Yes
💻 TradingView Platform
Yes	Yes
💻 Proprietary Platform
Yes	Yes
📊 Multi-chart Tools
Yes	Yes
👬 Copy Trading
No	Yes
👫 Social Trading
No	No
🔑 Guaranteed Stop-loss
Yes	No
🔨 Trailing Stop-loss
No	Yes
Fees
💰 Inactivity Fee
None	Up to $150 after 6 months of inactivity, £25 after one quarter in the UK.
💰 Deposit Fees
None	None
💰 Withdrawal Fees
None	None
💰 Commissions
None	$0.02/share (min $10) for US Stocks, from 0.10% (min €10) for other equity markets, €4 per futures contract.
Spreads
📈 EUR/USD
Fixed - Based on Account Type (From 0.7 to 1.7 Pips)	Dynamic - From 0.4 to 0.8 Pips
📉 SP500
Fixed - 150 Pips	Unavailable
📈 GOLD
Fixed - Based on Account Type (From 5 Pips to 30 Pips)	Unavailable
📉 TSLA (Stock CFD)
Fixed - $13	Unavailable
📈 XLK (ETF - CFD)
Unavailable	Unavailable
📉 BTC
Fixed - $100	Unavailable
Research and Analysis
⭐ Watchlists
Yes	Yes
🔭 Stock Screener
No	Yes
🗓 Economic Calendar
Yes	Yes
📜 Integrated Newsfeed
Yes	Yes
📡 Reuters Feed
No	No
📡 Educational Content
No	No
📡 Live Chat Support
No	Yes
📡 Video Tutorials
No	No
📡 Account Management
Yes	Yes
📡 Webinars
No	No