Saxo Bank is better than GBE brokers.
Trying to decide between Saxo Bank and GBE brokers? We’ve taken the guesswork out of the equation with our Comparison Tool. Use our tool to compare hundreds of data points, side-by-side, to see how these two brokers stack up against each other.
| Overall Rating | Saxo Bank | GBE brokers | AvaTrade |
|---|---|---|---|
| Overall Rating | 9.5 / 10 | 6.7 / 10 | 8.2 / 10 |
| Account Type | Saxo Bank | GBE brokers | AvaTrade |
|---|---|---|---|
| Standard Account | Yes | Yes | Yes |
| Mini Account | Yes | Yes | Yes |
| Micro Account | Yes | Yes | Yes |
| Islamic Account | No | No | Yes |
| Copy Trading | Saxo Bank | GBE brokers | AvaTrade |
|---|---|---|---|
| Social Trading / Copy Trading | Yes | Yes | Yes |
| DupliTrade | No | No | Yes |
| ZuluTrade | No | No | Yes |
| Cryptocurrency | Saxo Bank | GBE brokers | AvaTrade |
|---|---|---|---|
| Cryptocurrency (Physical) | No | No | No |
| Crypto Trading | No | No | No |
| Bitcoin | Yes | Yes | Yes |
| ethereum | Yes | Yes | Yes |
| Forex Trading | Saxo Bank | GBE brokers | AvaTrade |
|---|---|---|---|
| Forex Trading | No | No | No |
| Trading - Forex or CFDs | Yes | Yes | Yes |
| Indices (Index CFDs) | Saxo Bank | GBE brokers | AvaTrade |
|---|---|---|---|
| DAX | Yes | Yes | Yes |
| Dow Jones | Yes | Yes | Yes |
| FTSE | Yes | Yes | Yes |
| NASDAQ 100 | Yes | Yes | Yes |
| Nikkei | Yes | Yes | Yes |
| SP 500 | Yes | Yes | Yes |
| Investments | Saxo Bank | GBE brokers | AvaTrade |
|---|---|---|---|
| Forex Trading | No | No | No |
| Trading - Forex or CFDs | Yes | Yes | Yes |
| Spread Betting | No | No | Yes |
| Social Trading / Copy Trading | Yes | Yes | Yes |
| Metals | Yes | Yes | Yes |
| Energies | Yes | Yes | Yes |
| Agriculturals | Yes | Yes | Yes |
| ETF | Yes | No | No |
| U.S. Stocks (CFD) | Yes | Yes | Yes |
| Trading Platforms | Saxo Bank | GBE brokers | AvaTrade |
|---|---|---|---|
| Android App | No | No | No |
| Apple iOS App | Yes | Yes | Yes |
| Proprietary Platform | Yes | No | Yes |
| Desktop Platform (Windows) | No | No | No |
| Web Platform | No | No | No |
| MetaTrader 4 (MT4) | Yes | Yes | Yes |
| MetaTrader 5 (MT5) | No | Yes | Yes |
| Regulatory Licenses | Saxo Bank | GBE brokers | AvaTrade |
|---|---|---|---|
| Tier-1 Licenses | 6 | 0 | 4 |
| ASIC Authorised (Australia) | Yes | No | Yes |
| IIROC Authorised (Canada) | No | No | Yes |
| FCA Authorised (U.K.) | Yes | No | No |
| SFC Authorised (Hong Kong) | Yes | No | No |
| MAS Authorised (Singapore) | Yes | No | No |
| FINMA Authorised (Switzerland) | Yes | No | No |
| CFTC Registered (USA) | No | No | No |
| Tier-2 Licenses | 1 | 1 | 3 |
| Tier-3 Licenses | 0 | 0 | 1 |
| Research, Education | Saxo Bank | GBE brokers | AvaTrade |
|---|---|---|---|
| Trading Central (Recognia) | No | No | Yes |
| Forex News (Top-Tier Sources) | Yes | No | Yes |
| Daily Market Commentary | Yes | Yes | Yes |
| Autochartist | Yes | No | No |
| Investor Dictionary (Glossary) | Yes | No | Yes |
| Videos - Beginner Trading Videos | Yes | No | Yes |
| Client Webinars (Archived) | Yes | No | Yes |
| Trading Costs | Saxo Bank | GBE brokers | AvaTrade |
|---|---|---|---|
| Minimum Deposit | $2,000 | $500 | $100 |
| Average Spread EUR/USD - Standard | 0.8 (August 2020) | -1 | 0.91 (Aug 2020) |
| All-in Cost EUR/USD - Active | 0.6 (August 2020) | -1 | 0.61 (Aug 2020) |
| Active Trader or VIP Discounts | Yes | No | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | Yes |
| PayPal (Deposit/Withdraw) | No | Yes | Yes |
| Trading Tools | Saxo Bank | GBE brokers | AvaTrade |
|---|---|---|---|
| Watchlists - Total Fields | 62 | 7 | 6 |
| Mobile Watchlist | Yes | Yes | Yes |
| Charting - Indicators / Studies (Total) | 62 | 30 | 90 |
| Mobile Charting - Indicators / Studies (INTL) | 62 | 30 | 73 |
| Trust Factors | Saxo Bank | GBE brokers | AvaTrade |
|---|---|---|---|
| Year Founded | 1992 | 2013 | 2006 |
| Publicly Traded (Listed) | No | No | No |
| Bank | Yes | No | No |
| Authorised in European Union | Yes | Yes | Yes |
| Trust Score | 99 | 67 | 93 |
