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Saxo Bank vs Testing (Broker Name Here) 2022

April 26, 2022
Last modified June 23, 2022

Saxo Bank is better than Testing (Broker Name Here).

Trying to decide between Saxo Bank and Testing (Broker Name Here)? 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.

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Overall Rating expand_moreexpand_less Saxo Bank Testing (Broker Name Here) AvaTrade
Overall Rating star 9.5 / 10 star 4.5 / 10 star 8.2 / 10
Account Type expand_moreexpand_less Saxo Bank Testing (Broker Name Here) AvaTrade
Standard Account Yes No Yes
Mini Account Yes No Yes
Micro Account Yes No Yes
Islamic Account No No Yes
Copy Trading expand_moreexpand_less Saxo Bank Testing (Broker Name Here) AvaTrade
Social Trading / Copy Trading Yes No Yes
DupliTrade No No Yes
ZuluTrade No No Yes
Cryptocurrency expand_moreexpand_less Saxo Bank Testing (Broker Name Here) AvaTrade
Cryptocurrency (Physical) No No No
Cryptocurrency (CFD) Yes No Yes
Bitcoin Yes No Yes
ethereum Yes No Yes
Forex Trading expand_moreexpand_less Saxo Bank Testing (Broker Name Here) AvaTrade
Forex Trading Yes No Yes
Trading - Forex or CFDs Yes No Yes
Indices (Index CFDs) expand_moreexpand_less Saxo Bank Testing (Broker Name Here) AvaTrade
DAX Yes No Yes
Dow Jones Yes No Yes
FTSE Yes No Yes
NASDAQ 100 Yes No Yes
Nikkei Yes No Yes
SP 500 Yes No Yes
Investments expand_moreexpand_less Saxo Bank Testing (Broker Name Here) AvaTrade
Forex Trading Yes No Yes
Trading - Forex or CFDs Yes No Yes
Spread Betting No No Yes
Social Trading / Copy Trading Yes No Yes
Metals Yes No Yes
Energies Yes No Yes
Agriculturals Yes No Yes
ETF Yes No No
U.S. Stocks (CFD) Yes No Yes
Trading Platforms expand_moreexpand_less Saxo Bank Testing (Broker Name Here) AvaTrade
Apple iOS App Yes No Yes
Android App Yes No Yes
Proprietary Platform Yes No Yes
Desktop Platform (Windows) Yes No Yes
Web Platform Yes No Yes
MetaTrader 4 (MT4) Yes No Yes
MetaTrader 5 (MT5) No No Yes
Regulatory Licenses expand_moreexpand_less Saxo Bank Testing (Broker Name Here) AvaTrade
Tier-1 Licenses 6 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 3
Tier-3 Licenses 0 1
Research, Education expand_moreexpand_less Saxo Bank Testing (Broker Name Here) AvaTrade
Trading Central (Recognia) No No Yes
Forex News (Top-Tier Sources) Yes No Yes
Daily Market Commentary Yes No 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 expand_moreexpand_less Saxo Bank Testing (Broker Name Here) AvaTrade
Minimum Initial Deposit $2,000 $100
Average Spread EUR/USD - Standard 0.8 (August 2020) 0.91 (Aug 2020)
All-in Cost EUR/USD - Active 0.6 (August 2020) 5 0.61 (Aug 2020)
Active Trader or VIP Discounts Yes No Yes
Bank Wire (Deposit/Withdraw) Yes No Yes
Visa/Mastercard (Credit/Debit) Yes No Yes
PayPal (Deposit/Withdraw) No No Yes
Trading Tools expand_moreexpand_less Saxo Bank Testing (Broker Name Here) AvaTrade
Watchlists - Total Fields 62 6
Mobile Watchlist Yes No Yes
Charting - Indicators / Studies (Total) 62 90
Mobile Charting - Indicators / Studies 62 73
Trust Factors expand_moreexpand_less Saxo Bank Testing (Broker Name Here) AvaTrade
Year Founded 1992 2006
Publicly Traded (Listed) No No No
Bank Yes No No
Authorised in European Union Yes No Yes
Trust Score 99 93
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