Higher Rated
Saxo Bank
Capital at risk · T&Cs apply
In the realm of brokerage services, Hargreaves Lansdown and Saxo Bank cater to distinct types of traders, each with unique offerings. Hargreaves Lansdown, with a 2.79/5 rating, appeals to UK-based investors seeking a comprehensive range of investment products, including Stocks and Shares ISA and SIPP, supported by robust research tools. In contrast, Saxo Bank, rated 4/5, is tailored for experienced traders aiming for access to a broad spectrum of global markets, including forex and commodities, via their professional-grade SaxoTraderGO platform. The key difference lies in Hargreaves Lansdown's UK-centric, long-term investment focus, while Saxo Bank provides a more dynamic trading environment with higher leverage and a wider array of instruments.
Hargreaves Lansdown
Saxo Bank
| Hargreaves Lansdown | Saxo Bank | |
|---|---|---|
| BrokerRank Score | 2.8/5 | 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 2.8/5 on BrokerRank's independent rating. On fees, Hargreaves Lansdown offers lower spreads (0 pips).
See full side-by-side comparison belowHargreaves Lansdown
Saxo Bank
WinnerHargreaves Lansdown
Saxo Bank
Hargreaves Lansdown
2.8/5
Choose Hargreaves Lansdown if you want…
Saxo Bank
4.0/5
Choose Saxo Bank if you want…
Saxo Bank scores higher overall on our independent rating system. Hargreaves Lansdown holds a 2.8/5 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.
Hargreaves Lansdown offers spreads from 0 pips, while Saxo Bank starts at 0.4 pips. Check the fees section above for a full breakdown.
Hargreaves Lansdown requires a minimum deposit of $0. Saxo Bank requires $2000.
Hargreaves Lansdown is regulated by FCA, while Saxo Bank holds licences from FCA, MAS, ASIC.
Hargreaves Lansdown 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.