image Saxo Capital Markets VISIT SAXO CAPITAL MARKETS image ActivTrades VISIT ACTIVTRADES image IG VISIT IG
About

Saxo Capital Markets is regulated by the Financial Conduct Authority. Saxo Capital Markets have provided Forex, CFD, Binary options, Indices, CFDs, ETF & ETCs, Bonds and Stocks trading services since 2012.

ActivTrades is regulated by the Financial Conduct Authority. ActivTrades have provided Forex, Indices, Shares and Commodities trading services since 2001.

IG is regulated by the Financial Conduct Authority and ASIC. IG have provided forex, spread betting, CFD, and stock trading services since 1974.

Why choose them?
  • Yes Over 6 years in business
  • Yes Segregates clients funds
  • Yes Regulated by Financial Conduct Authority
  • Yes Over 17 years in business
  • Yes Segregates clients funds
  • Yes Regulated by Financial Conduct Authority
  • Yes Over 44 years in business
  • Yes Segregates clients funds
  • Yes Regulated by Financial Conduct Authority and ASIC
Headquarters London, UK 1 Thomas More Square London E1W 1YN UK London, UK

TRADING SERVICES OFFERED

Spot Forex Yes Yes Yes
Forex (CFD) Yes No Yes
CFD Yes No Yes
Spread Betting No No Yes
Social Trading No Yes No
MARKETS & INSTRUMENTS
Forex (currency pairs) 180 47 90
Commodities Offered 70 12 34
Stocks Offered 19000 532 8000
Bitcoin No No Yes
Majors Yes Yes Yes
Indices Yes Yes Yes
US Stocks Yes Yes Yes
Penny stocks No No No
Energies Yes Yes Yes
Metals Yes Yes Yes
Agriculturals Yes Yes Yes
FTSE Yes Yes Yes
Dow Jones Yes Yes Yes
Dax Yes Yes Yes
Nikkei No Yes Yes
ETFs Yes Yes Yes
IPO No Yes Yes
See all instruments

69% of retail investor accounts lose money when trading CFDs with this provider.

See all instruments

71% of retail investor accounts lose money when trading CFDs with this provider

See all instruments

76% of retail investor accounts lose money when trading spread bets and CFDs with this provider

PLATFORM & FEATURES

See the platforms and features offered by each broker

Screenshot image image image
MT4 No Yes Yes
MT5 No Yes No
MT4 Mac Yes No Yes
WebTrader Yes Yes Yes
Mirror Trader No No No
ZuluTrade No Yes No
Sirix No No No
cTrader No No No
PAMM No No No
Custom Platforms SaxoTrader Activ Trader ProRealTime & L2 Dealer

APPS

iOS image Yes Yes Yes
Android image Yes Yes Yes
Windows image Yes Yes No
Available Languages

Arabic, Chinese, Czech, Danish, Dutch, English, Finnish, French, German, Greek, Hungarian, Italian, Norwegian, Polish, Romanian, Russian, Slovenian, and Spanish

English, French, German, Spanish, and Portuguese

See platform & features

69% of retail investor accounts lose money when trading CFDs with this provider.

See platform & features

71% of retail investor accounts lose money when trading CFDs with this provider

See platform & features

76% of retail investor accounts lose money when trading spread bets and CFDs with this provider

ACCOUNT INFORMATION

From micro accounts to ECN accounts, compare the accounts offered by Saxo Capital Markets and ActivTrades

Demo account Yes No Yes
Mini account Yes Yes Yes
Micro account No Yes No
Standard account Yes Yes Yes
ECN Account Yes No No
Islamic account No Yes No
Zero spread account No Yes No
VIP account No No Yes
Fixed spreads No No No
Variable spreads Yes Yes Yes
See account options

69% of retail investor accounts lose money when trading CFDs with this provider.

See account options

71% of retail investor accounts lose money when trading CFDs with this provider

See account options

76% of retail investor accounts lose money when trading spread bets and CFDs with this provider

TRADING CONDITIONS

Scalping Yes Yes Yes
Hedging No Yes Yes
Expert advisors (EAs) Yes No Yes
Virtual private server Yes No Yes
Direct market access No No Yes
STP broker Yes Yes Yes
Market maker Yes Yes No
Min trade 0.01 Lot 0.01 Lot £1
Max trade None £100/point Variable
Min deposit 6,500 $100 $250

RISK MANAGEMENT

Stop losses Yes Yes Yes
Limit orders Yes Yes Yes
One-click trading Yes Yes Yes
Trailing stops Yes Yes Yes
Price alerts Yes No Yes
Signal trading No No Yes

FUNDING METHODS

Credit card Yes Yes Yes
Bank transfer Yes Yes Yes
Standard account Yes Yes Yes
Paypal No No Yes
Neteller No Yes No
Skrill No No No
Payment processing time Varies Varies Varies
Withdrawal processing time Varies 1 business day Varies
See all funding options

69% of retail investor accounts lose money when trading CFDs with this provider.

See all funding options

71% of retail investor accounts lose money when trading CFDs with this provider

See all funding options

76% of retail investor accounts lose money when trading spread bets and CFDs with this provider

DETAILED INFO

Excluded countries US US BE,FR,IN,IL,PL,ZW
Contact email Send Email Send Email Send Email
phone number No +44 (0) 207 6500 567 44 20 7633 5300
Live Chat No Yes Yes
Website http://uk.saxomarkets.com/ https://www.activtrades.com/en/ http://www.ig.com/
Forex Spreads
EUR/USD 0.10 0.50 0.60
GBP/USD 1.50 0.80 0.90
USD/JPY 1.10 0.50 0.70
AUD/USD 0.4 0.6 0.6
Cryptocurrency Spreads N/A N/A 10
View all FX spreads

69% of retail investor accounts lose money when trading CFDs with this provider.

View all FX spreads

71% of retail investor accounts lose money when trading CFDs with this provider

View all FX spreads

76% of retail investor accounts lose money when trading spread bets and CFDs with this provider

INDICE SPREADS
Dax 30 1 1 1.0
Nasdaq 100 0.5 0.75 1.0
Euro Stoxx 50 1.75 2 1.5
ASX 200 1.0
S&P 500 0.4 0.5 0.4
FTSE 100 0.85 1.5 1.0
Google N/A N/A 1 to 20
Facebook N/A N/A 4 points per side
View all spreads

69% of retail investor accounts lose money when trading CFDs with this provider.

View all spreads

71% of retail investor accounts lose money when trading CFDs with this provider

View all spreads

76% of retail investor accounts lose money when trading spread bets and CFDs with this provider

FEES

Inactivity Fee No Yes
Commission Yes Yes Yes (0.1%)
Deposit Fee No Varies Varies
Withdrawal Fee No No No
View All Fees

69% of retail investor accounts lose money when trading CFDs with this provider.

View All Fees

71% of retail investor accounts lose money when trading CFDs with this provider

View All Fees

76% of retail investor accounts lose money when trading spread bets and CFDs with this provider

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Last update

All information collected from http://uk.saxomarkets.com/. Last updated on 01/06/2019.

All information collected from https://www.activtrades.com/en/. Last updated on 01/06/2019.

All information collected from http://www.ig.com/. Last updated on 01/06/2019.

Company

Saxo Capital Markets provides both retail and institutional traders access to FX, CFDs, ETFs, Stocks, Futures and Options markets using their award winning SaxoTrader platform providing traders the speed and performance you need. They are a trusted broker regulated by the Financial Conduct Authority in the UK. Saxo Capital Markets has access to over 30, 000 assets including over 19, 000 stocks and 9000 CFDs. With over 20 years in electronic trading, Saxo Capital Markets is a broker you can trust.

For more information about trading with Saxo Capital Markets, we have put together an indepth Saxo Capital Markets review with some of the pros and cons about this broker.

ActivTrades was found in 2001 as a small brokerage house in Switzerland, it has since grown to be a global award-winning broker for both retail and institutional traders. ActivTrades has seen rapid growth through with their focus on client satisfaction by providing the best trading technology including the latest MetaTrader 5, innovative trading tools like Autochartist and VPS hosting , outstanding customer service and competitive pricing with pips starting as low as 0.8 for EURUSD.

Since 2005, ActivTrades has made the financial capital of the world - London its headquarters and is regulated by the Financial Conduct of Authority in the UK. ActivTrades offer a wide range of popular products for traders including spread betting, CFDs and Forex trading. ActivTrades also offer their clients an unrivalled loyalty program - ActivTrades Rewards.

Trader training is another top priority at ActivTrades and they offer a customised and unique personal approach to their traders and offer one on one training sessions as part of their educational programs. They also offer Balance Protection policy to guarantee you will never lose more than your deposit and as an added protection, your account will automatically be credited to zero if it goes into the negative. With all the superior training, protection policies, low spreads and the latest trading technology, ActivTrades are a superior choice for traders.

Founded in 1974, IG are one of the largest and most respected brokers in the world. With over 125,000 traders, low margins and spreads, and a range of platforms, they're a popular choice for traders looking for a reputable broker that also offers a good range of markets and trading options.

IG are also one of the few brokers that offer experienced traders the chance to upgrade to an elective professional status. For more information about trading with IG, we have put together an indepth IG review with all the pros and cons about this broker.

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Popular comparisons feat. ActivTrades

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Saxo Capital Markets or ActivTrades?

ECN execution or low spreads?

If you’re a trader looking for a broker that offers ECN execution (as opposed to a market maker), Saxo Capital Markets is likely the better choice. However, if you want a broker with lower spreads on currency pairs like EUR/USD, ActivTrades may be more appropriate.

Which broker is more reliable?

You can determine a broker’s reliability & trustworthiness by looking at eight factors:

  • Who are they regulated by?
  • How long have they been around for?
  • Do they hold your money in a separate bank account?
  • Do they use reputable “tier-1” banks like Barclays, Goldman Sachs or HSBC?
  • Have they been fined or penalised in the last five years?
  • The popularity of their service/website
  • Are they publicly listed?
  • Where are they located?

Based on these eight factors, we consider Saxo Capital Markets and ActivTrades to be equally reliable. We’ve broken down why below:

Who are they regulated by?

Saxo Capital Markets and ActivTrades are both regulated by Financial Conduct Authority

As the Financial Conduct Authority are one of the most stringent regulators in the world, both Saxo Capital Markets and ActivTrades will have very strict guidelines to follow to ensure they protect their retail trader clients.

IG are also regulated by the Financial Conduct Authority.

How long have they been around for?

If a broker has been around for a long period of time, they’re likely to be more reliable (in comparison, most scam brokers only exist for several years before they disappear).

This also suggests that a broker has good risk management processes that have prevented them being caught out by major financial events, as was the case with Alpari UK going bust when they were there was a policy reversal of capping the Swiss Franc against the Euro.

Saxo Capital Markets has been around for 7 years, while ActivTrades have been around for 18 years. Our third alternative broker, IG, have been around for 45 years.

Do they hold your money in a separate bank account?

You wouldn’t want your broker paying their staff out of the same bank account account that you’re depositing your trading funds into, would you?

Fortunately, all regulated brokers must use segregated bank accounts to hold client money. This is one of the reasons why we only feature regulated brokers here on BrokerNotes.

All three brokers above will hold your money in a separate bank account.

Do they use reputable “tier-1” banks like Barclays, Goldman Sachs or HSBC?

Most tier-1 banks like Barclays and HSBC have been around for over 100 years and manage trillions of dollars of assets, proving that they have stood the test of time.

Both Saxo Capital Markets and ActivTrades use tier one banks, but we are not sure of which bank specifically.

Have they been fined or penalised in the last five years?

If a broker has been penalised by a regulator in the past five years, it may mean that they were caught doing something they shouldn’t be doing - which may be of concern to you as an end client.

We’re not aware of any penalties or fines imposed by regulators on Saxo Capital Markets or ActivTrades in the past five years.

How popular is their service/website?

While not always the case, the number of traders a broker has can be a good metric for understanding how reputable a brokers is.

Are they publicly listed?

Companies that are publicly listed on a stock exchange tend to be considered more reputable as they will be required to disclose their financials, and aspects of their operations, to the public.

Saxo Capital Markets is a publicly listed company, while on the other hand ActivTrades is still a privately owned company.

Where are they located?

Most reputable brokers tend to be headquartered in a major capital city or a financial hub such as Cyprus.

Saxo Capital Markets are based in London, UK, while ActivTrades are based in 1 Thomas More Square London E1W 1YN UK.

Do they offer the features you need?

Assuming the brokers you’re choosing between are reputable, the next point to consider is whether they offer all of the features you require to trade.

This can be broken down into three categories:

  • Services & instruments
  • Platforms & account types
  • Trading features, risk management tools & funding methods

Services and Instruments

If you’re looking to trade currency pairs, both Saxo Capital Markets and ActivTrades offer forex trading. Saxo Capital Markets have a slightly larger variety of currency pairs with 180 pairs, compared to 47 offered by ActivTrades. Also, if you’re looking to trade cryptocurrencies,

Both Saxo Capital Markets and ActivTrades allow you to trade commodities like gold, silver and crude oil.

ActivTrades also offer social trading, which allows you to follow the trading activity, engage in discussion, and even copy the trades of other traders.

Platforms & Account Types

In addition to the platform, you’ll also want to ensure that the broker you choose offers the account type best suited to your needs. IG, for example, offer a mini account, standard account and VIP account.

Trading features, risk management tools & funding methods

If you have a certain trading style (e.g. scalping, hedging, or using EAs), you’ll want to double check that the broker you choose allows this, as not all of them do.

Saxo Capital Markets does allow scalping but doesn't allow hedging. While ActivTrades also allows scalping and hedging. You can trade with EAs (expert advisors) on Saxo Capital Markets but you can't trade EAs (expert advisors) with ActivTrades.

In terms of risk management tools, Saxo Capital Markets doesn't offer negative balance protection, but ActivTrades does. Negative balance protection prevents you owing your broker more than you’ve deposited.

Saxo Capital Markets also offer stop losses, limit orders, and price alerts to help you automate aspects of your trading strategy.

Saxo Capital Markets accept Payoneer while ActivTrades accept Neteller.

Are they affordable for what you need?

Comparing the fee structures of different brokers can be a minefield at times. The important thing to consider is what the spreads & fees are on the specific instruments and account type that you will be using.

For trading EUR/USD, Saxo Capital Markets charges 0.10 points, while ActivTrades charges 0.50 points. Therefore, Saxo Capital Markets is the more affordable for this instrument. If you want to compare their spreads across more instruments, You can jump back up to our comparison of their currency pair & indice spreads above.

Another consideration is whether or not your broker charges inactivity, deposit/withdrawal fees, or commissions on trades. If you’re a frequent trader, inactivity fees are unlikely to be an issue.

The Verdict: Saxo Capital Markets or ActivTrades?

There’s no such thing as a perfect broker, but some are going to be a better fit for you than others.

Objectively, ActivTrades is more reliable based on our criteria above. ActivTrades has a wider range of instruments to trade. Saxo Capital Markets offer lower spreads on popular forex instruments like EUR/USD and are used by more traders.

Both brokers offer demo accounts, allowing you to test their platforms to see which is suitable for you. You can test drive their demos using the links below:

Finally, if you’re really not sure you can always use our free tool (takes 15 seconds) that will help you find a suitable broker based on your precise requirements here.

Between 54-87% of retail CFD accounts lose money. Based on 69 brokers who display this data.