Comparison DEGIRO vs Saxo Bank
The InvestorGreg.net broker comparisons assess over a dozen different brokers, finding the best online trading brokers. This comparison page compares DEGIRO vs Saxo Bank. Is DEGIRO or Saxo Bank a better online broker?
Firstly, let’s compare commission fees provided by these brokers for regular transactions. DEGIRO has a commission fee of from 0.014% + £1.75, and Saxo Bank has a commission fee of from 0.1% commission. When analyzing trading options, the commission fees of DEGIRO is from £0.38, and that one of Saxo Bank is from £2.50 per lot. The full online broker reviews contains more detailed information on the brokers’ commission fees.
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, Mutual Funds Trading, Bonds Trading, Forex Trading, Futures Trading, Crypto Trading are provided to customers by DEGIRO 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, DEGIRO offers Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, Android App, iOS App, while Saxo Bank offers Desktop Platform (Windows), Desktop Platform (MacOS), Android App, iOS App.
Finally, by comparing the two online brokers, we want to pay attention to the year and country of establishing, the regulatory authorities and the possibility of withdrawing funds. DEGIRO was founded in 2013 in Netherlands, and it is regulated by AFM, DNB. And Saxo Bank was founded in 1992 in Denmark, and it is regulated by FCA, FSA, DFSA, ASIC, FSC. We can withdraw funds from DEGIRO with the help of Bank Wire, and its withdrawal fee is 0. And Saxo Bank provides the ability to withdraw funds with the help of Bank Wire, and its withdrawal fee is 0. The withdrawal time for DEGIRO is 1-2 business days, and that one for Saxo Bank is 1-2 business days.
As a result, the rating of DEGIRO is 4.1 stars versus that of Saxo Bank of 4.1 stars.