DEGIRO
Saxo Bank
VS
Higher Rated
Saxo Bank
Capital at risk · T&Cs apply
When comparing DEGIRO and Saxo Bank, traders will find notable distinctions in their offerings and target audiences. DEGIRO, with its very low commissions and no account minimum, appeals to cost-conscious investors seeking access to a broad range of global stock exchanges, although it lacks forex and crypto trading. In contrast, Saxo Bank caters to experienced traders with its professional-grade SaxoTraderGO platform and extensive range of instruments, including forex and CFDs, but requires a higher minimum deposit and charges higher fees for smaller accounts. Each broker offers unique advantages, but their suitability depends on the trader’s experience level and investment focus.
DEGIRO
Saxo Bank
| DEGIRO | Saxo Bank | |
|---|---|---|
| BrokerRank Score | 3.3/5 | 4.0/5 ✓ |
| Min. Deposit | $0 ✓ | $2000 |
| Spread from | 0 pips ✓ | 0.4 pips |
| Max Leverage | 1:1 | 1:200 ✓ |
| Regulation | FCA | FCA, MAS, ASIC ✓ |
| Platforms | Proprietary Web, Proprietary Mobile | Proprietary Web, Proprietary Mobile |
Saxo Bank is the better choice overall, scoring 4.0/5 vs 3.3/5 on BrokerRank's independent rating. On fees, DEGIRO offers lower spreads (0 pips).
See full side-by-side comparison belowDEGIRO
Saxo Bank
WinnerDEGIRO
Saxo Bank
DEGIRO
3.3/5
Choose DEGIRO if you want…
Saxo Bank
4.0/5
Choose Saxo Bank if you want…
Saxo Bank scores higher overall on our independent rating system. DEGIRO holds a 3.3/5 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.
DEGIRO offers spreads from 0 pips, while Saxo Bank starts at 0.4 pips. Check the fees section above for a full breakdown.
DEGIRO requires a minimum deposit of $0. Saxo Bank requires $2000.
DEGIRO is regulated by FCA, while Saxo Bank holds licences from FCA, MAS, ASIC.
DEGIRO supports Proprietary Web, Proprietary Mobile. 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.
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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.