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Comparison AvaTrade vs Saxo Bank

The InvestorGreg.net broker comparisons assess over a dozen different brokers, finding the best online trading brokers. This comparison page compares AvaTrade vs Saxo Bank. Is AvaTrade or Saxo Bank a better online broker?

Firstly, let’s compare commission fees provided by these brokers for regular transactions. AvaTrade has a commission fee of average 0.13%, and Saxo Bank has a commission fee of from 0.1% commission. When analyzing trading options, the commission fees of AvaTrade is spreads Vary, and that one of Saxo Bank is from £2.50 per lot. For trading in Forex, the commission fee of AvaTrade is from 1.3 pips, while the commission fee of Saxo Bank is from 0.4 pips. We can also analyze commission fees for trading CFD: they are from 0.13% in AvaTrade vs from £0.85 in Saxo Bank. For a more complete picture, let’s consider trading in the metal market, where AvaTrade and Saxo Bank have commission fees of from 0.4pips and from 0.1% commission, respectively. You can read more detailed information on commission fees in the online broker reviews.

It is important for investors to know what types of online trading broker supports and what tools they can use for trading. Let’s compare them. Stocks Trading, Options Trading, ETFs Trading, Bonds Trading, Forex Trading, Crypto Trading, Robo Advisor are provided to customers by AvaTrade and Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading, Bonds Trading, Forex Trading, Futures Trading, Crypto Trading, Robo Advisor are provided by Saxo Bank. As for platforms, AvaTrade offers Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, MT4, Android App, iOS App, while Saxo Bank offers Desktop Platform (Windows), Desktop Platform (MacOS), Android App, iOS App.

In conclusion, when comparing the two online brokers, we should pay our attention to the year and country of foundation, the regulatory authorities and ways to withdraw funds. AvaTrade was established in 2006 in Ireland, and it is regulated by Central Bank of Ireland. And Saxo Bank was established in 1992 in Denmark, and it is regulated by FCA, FSA, DFSA, ASIC, FSC. Withdrawal of funds from AvaTrade can be done using Bank Wire, Visa/Mastercard with a withdrawal fee of free. And Saxo Bank provides the ability to withdraw funds using Bank Wire with a withdrawal fee of 0. The time for withdrawal in AvaTrade is 1 - 2 business days, and that one in Saxo Bank is 1-2 business days.

As a result, the rating of AvaTrade is 4.8 stars versus that of Saxo Bank of 4.1 stars.

Overall Rating

 
Overall
Products & Fees
Security
Tools
Desktop Experience
Mobile Experience
Banking
Customer Support
Education
 
AvaTrade
Overall
Products & Fees
Security
Tools
Desktop Experience
Mobile Experience
Banking
Customer Support
Education
Saxo Bank
Overall
Products & Fees
Security
Tools
Desktop Experience
Mobile Experience
Banking
Customer Support
Education

Fees

Fees
Stock
ETFs
Options
Bonds
Forex Spreads
CFDs
Futures
Metals
Cryptocurrency
AvaTrade
Stock
Average 0.13%
ETFs
Average 0.13%
Options
Spreads Vary
Bonds
0.03 Over Market
Forex Spreads
From 1.3 pips
CFDs
From 0.13%
Futures
N/A
Metals
From 0.4pips
Cryptocurrency
0.75% to 1.5% Over Market
Saxo Bank
Stock
From 0.1% commission
ETFs
From 0.1% commission
Options
From £2.50 per lot
Bonds
From 0.05% commission
Forex Spreads
From 0.4 pips
CFDs
From £0.85
Futures
From £3 per lot
Metals
From 0.1% commission
Cryptocurrency
0.1%

Types of trading

Types of trading
Stocks Trading
Options Trading
ETFs Trading
Mutual Funds Trading
Bonds Trading
Forex Trading
Futures Trading
Crypto Trading
Robo Advisor
AvaTrade
Stocks Trading
Options Trading
ETFs Trading
Mutual Funds Trading
Bonds Trading
Forex Trading
Futures Trading
Crypto Trading
Robo Advisor
Saxo Bank
Stocks Trading
Options Trading
ETFs Trading
Mutual Funds Trading
Bonds Trading
Forex Trading
Futures Trading
Crypto Trading
Robo Advisor

Platforms

Platforms
Desktop Platform (Windows)
Desktop Platform (MacOS)
Web Platform
MT4
AvaTrade
Desktop Platform (Windows)
Desktop Platform (MacOS)
Web Platform
MT4
Saxo Bank
Desktop Platform (Windows)
Desktop Platform (MacOS)
Web Platform
MT4

Tools

Tools
Research & Analysis
Social trading
Education
Demo account
AvaTrade
Research & Analysis
Social trading
Education
Demo account
Saxo Bank
Research & Analysis
Social trading
Education
Demo account

Mobile App

Mobile App
Android App
iOS App
AvaTrade
Android App
iOS App
Saxo Bank
Android App
iOS App

Deposits

Deposits
Minimum deposit
Bank Wire
Visa/Mastercard
AvaTrade
Minimum deposit
$100
Bank Wire
Visa/Mastercard
Saxo Bank
Minimum deposit
£500
Bank Wire
Visa/Mastercard

Withdrawals

Withdrawals
Bank Wire
Visa/Mastercard
Withdrawal Time
Withdrawal Fee
AvaTrade
Bank Wire
Visa/Mastercard
Withdrawal Time
1 - 2 business days
Withdrawal Fee
Free
Saxo Bank
Bank Wire
Visa/Mastercard
Withdrawal Time
1-2 business days
Withdrawal Fee
0

Security & Fairness

Security & Fairness
Сountry of Origin
Year Founded
Regulated By
AvaTrade
Сountry of Origin
Ireland
Year Founded
2006
Regulated By
Central Bank of Ireland
Saxo Bank
Сountry of Origin
Denmark
Year Founded
1992
Regulated By
FCA, FSA, DFSA, ASIC, FSC

Customer Service

Customer Service
Phone
Email
Live Chat
 
AvaTrade
Phone
+1-212-941-9609
Email
Contact Form
Live Chat
Yes
Saxo Bank
Phone
+44 207 151 2100
Email
LondonReception@saxobank.com
Live Chat
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