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Comparison eToro vs Saxo Bank

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

First of all, we’ll compare the commission fees of the two brokers. The commission fee of eToro on regular transactions of the stock exchange is 0.09% spread per side, and Saxo Bank has a commission fee of from 0.1% commission. Now, let’s compare commission fees in Forex, the commission fee of eToro is from 3 pips, and the commission fee of Saxo Bank is from 0.4 pips. We can also analyze commission fees for trading CFD: they are from 0.09% in eToro vs from £0.85 in Saxo Bank. And for summarizing a complete picture, we should see trading in the metal market, where these brikers provide the following commissions: from 2 pips and from 0.1% commission for eToro and Saxo Bank, respectively. You can read more detailed information on commission fees in the online broker reviews.

Investors should always know about types of online trading supported by broker and about tools provided by them in trading. It is very important information as well. Let’s compare them. are eToro provides customers with Stocks Trading, ETFs Trading, Forex Trading, Crypto Trading, and Saxo Bank provides customers with Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading, Bonds Trading, Forex Trading, Futures Trading, Crypto Trading, Robo Advisor. Concerning the platforms, eToro uses Web Platform, Android App, iOS App, while Saxo Bank uses 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. eToro was founded in 2007 in Cyprus, and it is regulated by CySEC, FCA, ASIC. And Saxo Bank was founded in 1992 in Denmark, and it is regulated by FCA, FSA, DFSA, ASIC, FSC. We can withdraw funds from eToro with the help of Bank Wire, Visa/Mastercard, and its withdrawal fee is $25. And Saxo Bank provides the ability to withdraw funds with the help of Bank Wire, and its withdrawal fee is 0. The time for withdrawal in eToro is within 1 business day, and that one in Saxo Bank is 1-2 business days.

Overall, eToro boasts 4.4 stars versus Saxo Bank 4.1 stars.

Overall Rating

 
Overall
Products & Fees
Security
Tools
Desktop Experience
Mobile Experience
Banking
Customer Support
Education
 
eToro
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
eToro
Stock
0.09% spread per side
ETFs
0.09% spread per side
Options
N/A
Bonds
N/A
Forex Spreads
From 3 pips
CFDs
From 0.09%
Futures
N/A
Metals
From 2 pips
Cryptocurrency
From 1.5%
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
eToro
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
eToro
Desktop Platform (Windows)
Desktop Platform (MacOS)
Web Platform
Saxo Bank
Desktop Platform (Windows)
Desktop Platform (MacOS)
Web Platform

Tools

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

Mobile App

Mobile App
Android App
iOS App
eToro
Android App
iOS App
Saxo Bank
Android App
iOS App

Deposits

Deposits
Minimum deposit
Bank Wire
Visa/Mastercard
PayPal
eToro
Minimum deposit
$200
Bank Wire
Visa/Mastercard
PayPal
Saxo Bank
Minimum deposit
£500
Bank Wire
Visa/Mastercard
PayPal

Withdrawals

Withdrawals
Bank Wire
Visa/Mastercard
Withdrawal Time
Withdrawal Fee
eToro
Bank Wire
Visa/Mastercard
Withdrawal Time
Within 1 business day
Withdrawal Fee
$25
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
eToro
Сountry of Origin
Cyprus
Year Founded
2007
Regulated By
CySEC, FCA, ASIC
Saxo Bank
Сountry of Origin
Denmark
Year Founded
1992
Regulated By
FCA, FSA, DFSA, ASIC, FSC

Customer Service

Customer Service
Phone
Email
Live Chat
 
eToro
Phone
+44-866-350-0881
Email
support@etoro.com
Live Chat
No
Saxo Bank
Phone
+44 207 151 2100
Email
LondonReception@saxobank.com
Live Chat
-

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