Comparison Saxo Bank vs Swissquote

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

Firstly, let’s compare commission fees provided by these brokers for regular transactions. Saxo Bank has a commission fee of from 0.1% commission, and Swissquote has a commission fee of from £15. When analyzing trading options, the commission fees of Saxo Bank is from £2.50 per lot, and that one of Swissquote is £1 per contract (Minimum £5). For trading in Forex, the commission fee of Saxo Bank is from 0.4 pips, while the commission fee of Swissquote is average spread of 1.3 pips. When analyzing commission fees in CFD: Saxo Bank provides from £0.85, and Swissquote provides from 0.06%. And for summarizing a complete picture, we should see trading in the metal market, where these brikers provide the following commissions: from 0.1% commission and £1 per contract (Minimum £5) for Saxo Bank and Swissquote, 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 Saxo Bank provides customers with Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading, Bonds Trading, Forex Trading, Futures Trading, Crypto Trading, Robo Advisor, and Swissquote provides customers with Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading, Bonds Trading, Forex Trading, Futures Trading, Crypto Trading, Robo Advisor. As for platforms, Saxo Bank offers Desktop Platform (Windows), Desktop Platform (MacOS), Android App, iOS App, while Swissquote offers Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, MT4, 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. Saxo Bank was established in 1992 in Denmark, and it is regulated by FCA, FSA, DFSA, ASIC, FSC. And Swissquote was established in Switzerland in 1996, and it is regulated by FCA, FINMA, DFSA, MAS, SFC. Withdrawal of funds from Saxo Bank can be done using Bank Wire with a withdrawal fee of 0. And Swissquote provides the ability to withdraw funds using Bank Wire with a withdrawal fee of depends on account type. The withdrawal time for Saxo Bank is 1-2 business days, and that one for Swissquote is 1-2 working days.

As a result, the rating of Saxo Bank is 4.1 stars versus that of Swissquote of 4 stars.

Overall Rating

 
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
Swissquote
Overall
Products & Fees
Security
Tools
Desktop Experience
Mobile Experience
Banking
Customer Support
Education

Fees

Fees
Stock
ETFs
Options
Mutual Funds
Bonds
Forex Spreads
CFDs
Futures
Metals
Cryptocurrency
Saxo Bank
Stock
From 0.1% commission
ETFs
From 0.1% commission
Options
From £2.50 per lot
Mutual Funds
N/A
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%
Swissquote
Stock
From £15
ETFs
From £15
Options
£1 per contract (Minimum £5)
Mutual Funds
From £9
Bonds
0.3% (Minimum of £50)
Forex Spreads
Average spread of 1.3 pips
CFDs
From 0.06%
Futures
£1 per contract (Minimum £5)
Metals
£1 per contract (Minimum £5)
Cryptocurrency
Starting at 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
Saxo Bank
Stocks Trading
Options Trading
ETFs Trading
Mutual Funds Trading
Bonds Trading
Forex Trading
Futures Trading
Crypto Trading
Robo Advisor
Swissquote
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
MT4
Saxo Bank
Desktop Platform (Windows)
Desktop Platform (MacOS)
Web Platform
MT4
Swissquote
Desktop Platform (Windows)
Desktop Platform (MacOS)
Web Platform
MT4

Tools

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

Mobile App

Mobile App
Android App
iOS App
Saxo Bank
Android App
iOS App
Swissquote
Android App
iOS App

Deposits

Deposits
Minimum deposit
Bank Wire
Visa/Mastercard
Saxo Bank
Minimum deposit
£500
Bank Wire
Visa/Mastercard
Swissquote
Minimum deposit
£0
Bank Wire
Visa/Mastercard

Withdrawals

Withdrawals
Bank Wire
Withdrawal Time
Withdrawal Fee
Saxo Bank
Bank Wire
Withdrawal Time
1-2 business days
Withdrawal Fee
0
Swissquote
Bank Wire
Withdrawal Time
1-2 working days
Withdrawal Fee
Depends on account type

Security & Fairness

Security & Fairness
Сountry of Origin
Year Founded
Regulated By
Saxo Bank
Сountry of Origin
Denmark
Year Founded
1992
Regulated By
FCA, FSA, DFSA, ASIC, FSC
Swissquote
Сountry of Origin
1996
Year Founded
Switzerland
Regulated By
FCA, FINMA, DFSA, MAS, SFC

Customer Service

Customer Service
Phone
Email
Live Chat
 
Saxo Bank
Phone
+44 207 151 2100
Email
LondonReception@saxobank.com
Live Chat
-
Swissquote
Phone
Yes
Email
Yes
Live Chat
Yes

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