Comparison PaxForex vs Saxo Bank

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

First of all, we’ll compare the commission fees of the two brokers. PaxForex has a commission fee of spreads from 5 pips, and Saxo Bank has a commission fee of from 0.1% commission. For trading in Forex, the commission fee of PaxForex is spreads from 0.4 pips, while the commission fee of Saxo Bank is from 0.4 pips. We can also analyze commission fees for trading CFD: they are spreads from 5 pips in PaxForex 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: spreads from 50 pips and from 0.1% commission for PaxForex and Saxo Bank, 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, Forex Trading, Crypto Trading are provided to customers by PaxForex 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, PaxForex offers Desktop Platform (Windows), Desktop Platform (MacOS), MT4, 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. PaxForex was established in 2014 in St. Vincent and Grenadines, 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. Withdrawal of funds from PaxForex can be done using Bank Wire, Visa/Mastercard with a withdrawal fee of varies. And Saxo Bank provides the ability to withdraw funds using Bank Wire with a withdrawal fee of 0. The time for withdrawal in PaxForex is within 1 business day, and that one in Saxo Bank is 1-2 business days.

Overall, PaxForex boasts 4 stars versus Saxo Bank 4.1 stars.

Overall Rating

 
Overall
Products & Fees
Security
Tools
Desktop Experience
Mobile Experience
Banking
Customer Support
Education
 
PaxForex
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
PaxForex
Stock
Spreads from 5 pips
ETFs
N/A
Options
N/A
Bonds
N/A
Forex Spreads
Spreads from 0.4 pips
CFDs
Spreads from 5 pips
Futures
N/A
Metals
Spreads from 50 pips
Cryptocurrency
Spreads from 95 pips
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
PaxForex
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)
MT4
PaxForex
Desktop Platform (Windows)
Desktop Platform (MacOS)
MT4
Saxo Bank
Desktop Platform (Windows)
Desktop Platform (MacOS)
MT4

Tools

Tools
Research & Analysis
Education
Demo account
PaxForex
Research & Analysis
Education
Demo account
Saxo Bank
Research & Analysis
Education
Demo account

Mobile App

Mobile App
Android App
iOS App
PaxForex
Android App
iOS App
Saxo Bank
Android App
iOS App

Deposits

Deposits
Minimum deposit
Bank Wire
Visa/Mastercard
Cryptocurrency
PaxForex
Minimum deposit
$10
Bank Wire
Visa/Mastercard
Cryptocurrency
Saxo Bank
Minimum deposit
£500
Bank Wire
Visa/Mastercard
Cryptocurrency

Withdrawals

Withdrawals
Bank Wire
Visa/Mastercard
Withdrawal Time
Withdrawal Fee
PaxForex
Bank Wire
Visa/Mastercard
Withdrawal Time
Within 1 business day
Withdrawal Fee
Varies
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
PaxForex
Сountry of Origin
St. Vincent and Grenadines
Year Founded
2014
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
 
PaxForex
Phone
+44 1259207457
Email
info@paxforex.com
Live Chat
Yes
Saxo Bank
Phone
+44 207 151 2100
Email
LondonReception@saxobank.com
Live Chat
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