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Comparison Pepperstone vs Saxo Bank
The InvestorGreg.net broker comparisons assess over a dozen different brokers, finding the best online trading brokers. This comparison page compares Pepperstone vs Saxo Bank. Is Pepperstone or Saxo Bank a better online broker?
Firstly, let’s compare commission fees provided by these brokers for regular transactions. Pepperstone has a commission fee of from 0.4 pips, and Saxo Bank has a commission fee of from 0.1% commission. Now, let’s compare commission fees in Forex, the commission fee of Pepperstone is from 0.0 pips + $3.50 commission, and the commission fee of Saxo Bank is from 0.4 pips. We can also analyze commission fees for trading CFD: they are from 0.3 pips in Pepperstone 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 0.5 pips and from 0.1% commission for Pepperstone 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 Pepperstone provides customers with Stocks 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, Pepperstone uses Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, MT4, MT5, 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. Pepperstone was founded in 2010 in Australia, and it is regulated by ASIC, FCA. And Saxo Bank was founded in 1992 in Denmark, and it is regulated by FCA, FSA, DFSA, ASIC, FSC. We can withdraw funds from Pepperstone 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 time for withdrawal in Pepperstone is 3 - 5 business days, and that one in Saxo Bank is 1-2 business days.
Overall, Pepperstone boasts 4.6 stars versus Saxo Bank 4.1 stars.