Alpari
Saxo Bank
VS
Higher Rated
Saxo Bank
Capital at risk · T&Cs apply
In the competitive landscape of online trading, Alpari and Saxo Bank present distinct offerings tailored to different types of traders. Alpari, with its low minimum deposit of $5 and high leverage of up to 1:1000, appeals primarily to retail traders who prioritise accessibility and leverage flexibility, albeit with the caveat of offshore regulation. In contrast, Saxo Bank caters to more experienced traders and investors, leveraging its strong regulatory framework and extensive market access, but requiring a higher minimum deposit of $2,000 and offering a sophisticated proprietary platform with over 40,000 instruments.
Alpari
Saxo Bank
| Alpari | Saxo Bank | |
|---|---|---|
| BrokerRank Score | 3.1/5 | 4.0/5 ✓ |
| Min. Deposit | $5 | $2000 ✓ |
| Spread from | 0.4 pips | 0.4 pips |
| Max Leverage | 1:1000 ✓ | 1:200 |
| Regulation | FSA | FCA, MAS, ASIC ✓ |
| Platforms | MT4, MT5 | Proprietary Web, Proprietary Mobile |
Saxo Bank is the better choice overall, scoring 4.0/5 vs 3.1/5 on BrokerRank's independent rating. On fees, Alpari offers lower spreads (0.4 pips).
See full side-by-side comparison belowAlpari
Saxo Bank
Alpari
Lower feesSaxo Bank
Alpari
3.1/5
Choose Alpari if you want…
Saxo Bank
4.0/5
Choose Saxo Bank if you want…
Saxo Bank scores higher overall on our independent rating system. Alpari holds a 3.1/5 rating vs Saxo Bank's 4.0/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
Alpari offers spreads from 0.4 pips, while Saxo Bank starts at 0.4 pips. Check the fees section above for a full breakdown.
Alpari requires a minimum deposit of $5. Saxo Bank requires $2000.
Alpari is regulated by FSA, while Saxo Bank holds licences from FCA, MAS, ASIC.
Alpari supports MT4, MT5. Saxo Bank supports Proprietary Web, Proprietary Mobile.
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
Only 26% of Brokers Are Truly Fee-Free
BrokerRank Research — Hidden costs across 345 brokers
58% of Brokers Hold a Single Licence
BrokerRank Research — Regulation quality analysis
71% of Retail Traders Lose Money
BrokerRank Research — Loss rates across 50 EU brokers
76% of Brokers Use Proprietary Platforms
BrokerRank Research — MT4 vs MT5 vs proprietary
Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.