Comparison Saxo Bank vs Trading 212

A dozen different brokers were comparatively assessed on InvestorGreg.net, and the best online trading brokers were found. Here, we compare Saxo Bank vs Trading 212. Which of them: Saxo Bank or Trading 212 a better online broker?

First of all, we’ll compare the commission fees of the two brokers. Saxo Bank has a commission fee of from 0.1% commission, and Trading 212 has a commission fee of 0. For trading in Forex, the commission fee of Saxo Bank is from 0.4 pips, while the commission fee of Trading 212 is 0.8 average spread for EUR/USD. When analyzing commission fees in CFD: Saxo Bank provides from £0.85, and Trading 212 provides fees built into spreads. The full online broker reviews contains more detailed information on the brokers’ commission fees.

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, Options Trading, ETFs Trading, Mutual Funds Trading, Bonds Trading, Forex Trading, Futures Trading, Crypto Trading, Robo Advisor are provided to customers by Saxo Bank and Stocks Trading, ETFs Trading, Forex Trading are provided by Trading 212. As for platforms, Saxo Bank offers Desktop Platform (Windows), Desktop Platform (MacOS), Android App, iOS App, while Trading 212 offers Web Platform, 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. Saxo Bank was founded in 1992 in Denmark, and it is regulated by FCA, FSA, DFSA, ASIC, FSC. And Trading 212 was founded in 2004 in Bulgaria, and it is regulated by FCA, FSC. Withdrawal of funds from Saxo Bank can be done using Bank Wire with a withdrawal fee of 0. And Trading 212 provides the ability to withdraw funds using Bank Wire, Visa/Mastercard with a withdrawal fee of 0. The withdrawal time for Saxo Bank is 1-2 business days, and that one for Trading 212 is 0-5 days.

Overall, Saxo Bank boasts 4.1 stars versus Trading 212 4.3 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
Trading 212
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
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%
Trading 212
Stock
0
ETFs
0
Options
N/A
Bonds
N/A
Forex Spreads
0.8 average spread for EUR/USD
CFDs
Fees built into spreads
Futures
N/A
Metals
N/A
Cryptocurrency
N/A

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
Trading 212
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
Saxo Bank
Desktop Platform (Windows)
Desktop Platform (MacOS)
Web Platform
Trading 212
Desktop Platform (Windows)
Desktop Platform (MacOS)
Web Platform

Tools

Tools
Research & Analysis
Education
Demo account
Saxo Bank
Research & Analysis
Education
Demo account
Trading 212
Research & Analysis
Education
Demo account

Mobile App

Mobile App
Android App
iOS App
Saxo Bank
Android App
iOS App
Trading 212
Android App
iOS App

Deposits

Deposits
Minimum deposit
Bank Wire
Visa/Mastercard
PayPal
Saxo Bank
Minimum deposit
£500
Bank Wire
Visa/Mastercard
PayPal
Trading 212
Minimum deposit
£1
Bank Wire
Visa/Mastercard
PayPal

Withdrawals

Withdrawals
Bank Wire
Visa/Mastercard
Withdrawal Time
Withdrawal Fee
Saxo Bank
Bank Wire
Visa/Mastercard
Withdrawal Time
1-2 business days
Withdrawal Fee
0
Trading 212
Bank Wire
Visa/Mastercard
Withdrawal Time
0-5 days
Withdrawal Fee
0

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
Trading 212
Сountry of Origin
Bulgaria
Year Founded
2004
Regulated By
FCA, FSC

Customer Service

Customer Service
Phone
Email
Live Chat
 
Saxo Bank
Phone
+44 207 151 2100
Email
LondonReception@saxobank.com
Live Chat
-
Trading 212
Phone
Yes
Email
Yes
Live Chat
No

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