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


Visit 69% of retail CFD accounts lose money.	Visit 74.46% of retail CFD accounts lose money.
Overview
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.	FxPro is a regulated global brokerage firm offering a vast array of tradable instruments including CFDs on FX, Stocks, Crypto, Commodities, Indices, Energies and Futures.
Best For
Professional investors looking to trade a variety of markets High net worth traders or investors	Experienced traders looking for platform and accounts variety FX Traders looking for deep liquidity and fast execution under 14 ms
Licenses
Financial Licenses Regulation Regulated Top-tier Licenses 7 Other Licenses 0 Provided by TheTradingBible.com Learn More	Financial Licenses Regulation Regulated Top-tier Licenses 1 Other Licenses 3 Provided by TheTradingBible.com Learn More
🏛 Financial Regulators
ASIC (Australia) HKMA (Hong Kong) ADGM (United Arab Emirates) FINMA (Switzerland) MAS (Singapore) FFAJ (Japan) AFM (Netherlands)	CySec (Cyprus) ASIC (Australia) SCB (Bahamas) FSCA (South Africa)
The Good
Exceptional selection of financial instruments at one place 2 highly-customizable proprietary trading platforms API integration for 3rd party services like Excel or TradingView	Moderate asset offering (around 2,500+ instruments) Great plafform variety (FxPro Edge CFD, MetaTrader 4 & 5, cTrader)
The Bad
High minimum deposit for certain countries Withdrawals via bank transfer only High fees on options and futures	No real stocks or ETFs Proprietary platform is not user friendly
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
4 days	1 day
📋 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
1992	2006
💳 Minimum Deposit Range
From $500 up to $2,000	$100
💰 Payment Methods
Visa Mastercard Bank Transfer	Visa Mastercard Bank Transfer Neteller Skrill Paypal
💵 Account Base Currencies
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.	8 - EUR, GBP, USD, CHF, PLN, AUD, JPY, ZAR.
🗽 Available to U.S Citizens
No	No
❌ Restricted Countries
US, BR, ES, IN, KE, MX, NG, PK, ZA.	US, CA, IR.
📊 STP Account
Yes	No
📊 DMA Account
Yes	Yes
📊 ECN Account
Yes	No
Banking License
No	No
Debit Card
No	No
Assets
📚 Assets Type
Hybrid	CFDs
Total Asset Offering
49,339	2,261
Exchange Access
0	0
📙 Real Stocks
30,000	0
📙 Stock CFDs
0	2,100
📘 Currency Pairs
0	0
📘 Currency Pair CFDs
182	70
📗 Commodities
0	0
📗 Commodities CFDs
19	11
📕 Indices
0	0
📕 Indices CFDs
29	29
📔 ETFs
5,400	0
📔 ETFs CFDs
5,400	0
💸 Cryptocurrencies
0	0
💸 Cryptocurrency CFDs
9	30
📒 Bonds
5,000	0
📒 Bonds CFDs
0	0
📓 Options
3,000	0
📓 Options CFDs
0	0
📗 Futures
300	0
📗 Futures CFDs
0	21
Trading Experience
📈 Minimum Stock Trade Size
Unavailable	$1,000 (0.01 Lots)
📉 Minimum ETFs Trade Size
Unavailable	Unavailable
📈 Minimum Crypto Trade Size
Varies by Cryptocurrency (eg: 0.01 units of BTC)	$1,000 (0.01 Lots)
📉 Minimum FX Trade Size
$1,000 (0.01 lots)	$1,000 (0.01 Lots)
📈 Minimum Commodities Trade Size
Unavailable	$1,000 (0.01 Lots)
📉 Minimum Bonds Trade Size
Unavailable	Unavailable
📈 Minimum Futures Trade Size
Unavailable	$1,000 (0.01 Lots)
📉 Minimum Options Trade Size
Unavailable	Unavailable
💪 Retail Leverage
30	30
💪 Professional Leverage
66	500
✍ Customisable Leverage
No	No
🎲 Deleveraged Trading
Yes	No
🎓 Demo Account
Yes	Yes
📱 IOS App
Yes	Yes
📱 Android App
Yes	Yes
📺 MetaTrader 4
No	Yes
📺 MetaTrader 5
No	Yes
📺 cTrader
No	Yes
💻 Web trader
Yes	Yes
💻 TradingView Platform
Yes	No
💻 Proprietary Platform
Yes	Yes
📊 Multi-chart Tools
Yes	Yes
👬 Copy Trading
Yes	No
👫 Social Trading
No	No
🔑 Guaranteed Stop-loss
No	No
🔨 Trailing Stop-loss
Yes	Yes
Fees
💰 Inactivity Fee
Up to $150 after 6 months of inactivity, £25 after one quarter in the UK.	$15 after 12 months of inactivity plus $5 monthly thereafter.
💰 Deposit Fees
None	None
💰 Withdrawal Fees
None	None
💰 Commissions
$0.02/share (min $10) for US Stocks, from 0.10% (min €10) for other equity markets, €4 per futures contract.	No commissions on MT4 & 5 ($45 per $1million USD traded on cTrader.
Spreads
📈 EUR/USD
Dynamic - From 0.4 to 0.8 Pips	Dynamic - From 1.2 Pips
📉 SP500
Unavailable	Dynamic - From 60 Pips
📈 GOLD
Unavailable	Dynamic - From 24 Pips
📉 TSLA (Stock CFD)
Unavailable	Dynamic - From $2.82
📈 XLK (ETF - CFD)
Unavailable	Unavailable
📉 BTC
Unavailable	Dynamic - From $88
Research and Analysis
⭐ Watchlists
Yes	No
🔭 Stock Screener
Yes	No
🗓 Economic Calendar
Yes	Yes
📜 Integrated Newsfeed
Yes	No
📡 Reuters Feed
No	No
📡 Educational Content
No	Yes
📡 Live Chat Support
Yes	No
📡 Video Tutorials
No	No
📡 Account Management
Yes	Yes
📡 Webinars
No	No