Advertiser Disclosure

InvestorGreg.net is compensated in exchange for featured placement of sponsored products and services, or your clicking on links posted on this website. That's how we make money. This compensation may impact how, where and in what order products appear. InvestorGreg.net does not include all companies or all available products. We will never allow advertisers to influence our opinion of financial products that appear on this site.

Comparison IQ Option vs Saxo Bank

A dozen different brokers were comparatively assessed on InvestorGreg.net, and the best online trading brokers were found. Here, we compare IQ Option vs Saxo Bank. Which of them: IQ Option or Saxo Bank a better online broker?

First of all, we’ll compare the commission fees of the two brokers. IQ Option has a commission fee of from 0.16%, and Saxo Bank has a commission fee of from 0.1% commission. When analyzing trading options, the commission fees of IQ Option is from 0.035%, and that one of Saxo Bank is from £2.50 per lot. For trading in Forex, the commission fee of IQ Option is from 0.03%, while the commission fee of Saxo Bank is from 0.4 pips. We can also analyze commission fees for trading CFD: they are from 0.16% in IQ Option vs from £0.85 in Saxo Bank. For a more complete picture, let’s consider trading in the metal market, where IQ Option and Saxo Bank have commission fees of from 0.093% and from 0.1% commission, respectively. The full online broker reviews contains more detailed information on the brokers’ commission fees.

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 IQ Option provides customers with Stocks Trading, Options 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, IQ Option uses Web Platform, Android App, iOS App, while Saxo Bank uses 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. IQ Option was established in 2013 in Seychelles, and it is regulated by Not Regulated. And Saxo Bank was established in 1992 in Denmark, and it is regulated by FCA, FSA, DFSA, ASIC, FSC. We can withdraw funds from IQ Option with the help of Bank Wire, Visa/Mastercard, and its withdrawal fee is free. 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 IQ Option is within 1 business day, and that one for Saxo Bank is 1-2 business days.

As a result, the rating of IQ Option is 3.9 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
 
IQ Option
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
IQ Option
Stock
From 0.16%
ETFs
From 0.018%
Options
From 0.035%
Bonds
N/A
Forex Spreads
From 0.03%
CFDs
From 0.16%
Futures
N/A
Metals
From 0.093%
Cryptocurrency
From 0.064%
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
IQ Option
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
IQ Option
Desktop Platform (Windows)
Desktop Platform (MacOS)
Web Platform
Saxo Bank
Desktop Platform (Windows)
Desktop Platform (MacOS)
Web Platform

Tools

Tools
Research & Analysis
Education
Demo account
IQ Option
Research & Analysis
Education
Demo account
Saxo Bank
Research & Analysis
Education
Demo account

Mobile App

Mobile App
Android App
iOS App
IQ Option
Android App
iOS App
Saxo Bank
Android App
iOS App

Deposits

Deposits
Minimum deposit
Bank Wire
Visa/Mastercard
PayPal
Cryptocurrency
IQ Option
Minimum deposit
$10
Bank Wire
Visa/Mastercard
PayPal
Cryptocurrency
Saxo Bank
Minimum deposit
£500
Bank Wire
Visa/Mastercard
PayPal
Cryptocurrency

Withdrawals

Withdrawals
Bank Wire
Visa/Mastercard
Withdrawal Time
Withdrawal Fee
IQ Option
Bank Wire
Visa/Mastercard
Withdrawal Time
Within 1 business day
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
IQ Option
Сountry of Origin
Seychelles
Year Founded
2013
Regulated By
Not Regulated
Saxo Bank
Сountry of Origin
Denmark
Year Founded
1992
Regulated By
FCA, FSA, DFSA, ASIC, FSC

Customer Service

Customer Service
Phone
Email
Live Chat
 
IQ Option
Phone
+44 20 8068 0760
Email
support@iqoption.com
Live Chat
Yes
Saxo Bank
Phone
+44 207 151 2100
Email
LondonReception@saxobank.com
Live Chat
-

Related Comparisons