Saxo Bank
AvaTrade
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Saxo Bank
Capital at risk · T&Cs apply
Choosing between Saxo Bank and AvaTrade depends on your trading style, preferred markets, and budget. Saxo Bank is headquartered in Copenhagen, Denmark, while AvaTrade operates from Dublin, Ireland. Saxo Bank has the longer track record, established in 1992, compared to AvaTrade which was founded in 2006. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.
Saxo Bank
AvaTrade
| Saxo Bank | AvaTrade | |
|---|---|---|
| BrokerRank Score | 4.0/5 ✓ | 4.0/5 |
| Min. Deposit | $2000 | $100 ✓ |
| Spread from | 0.4 pips ✓ | 0.9 pips |
| Max Leverage | 1:200 | 1:400 ✓ |
| Regulation | FCA, MAS, ASIC | FCA, ASIC, MAS |
| Platforms | Proprietary Web, Proprietary Mobile | MT4, MT5, Proprietary Mobile |
Saxo Bank (4.0/5) and AvaTrade (4.0/5) are closely matched. Saxo Bank has lower spreads; the better pick depends on your priorities.
See full side-by-side comparison belowSaxo Bank
AvaTrade
WinnerSaxo Bank
AvaTrade
Saxo Bank holds licences from FCA, MAS, ASIC. AvaTrade is regulated by FCA, ASIC, MAS.
Both brokers offer access to Stocks, Forex, Cfd, Indices markets. Saxo Bank additionally covers Commodities. AvaTrade adds Crypto.
On spreads, Saxo Bank is more competitive with EUR/USD spreads from 0.4 pips, compared to 0.9 pips at AvaTrade.
Saxo Bank supports Proprietary Web, Proprietary Mobile. AvaTrade offers MT4, MT5, Proprietary Mobile. Both brokers are available on Proprietary Mobile.
Saxo Bank requires a minimum deposit of $2,000, while AvaTrade sets a minimum deposit of $100. Both are suitable for traders with moderate starting capital.
BrokerRank scores Saxo Bank at 4.00/5 and AvaTrade at 3.98/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. Saxo Bank leads overall with a marginal advantage.
Saxo Bank
4.0/5
Choose Saxo Bank if you want…
AvaTrade
4.0/5
Choose AvaTrade if you want…
Saxo Bank (4.0/5) and AvaTrade (4.0/5) are closely matched on our independent rating scale. The better choice depends on your priorities — fees, regulation, platforms, or available markets. See the full comparison above.
Saxo Bank offers spreads from 0.4 pips, while AvaTrade starts at 0.9 pips. Check the fees section above for a full breakdown.
Saxo Bank requires a minimum deposit of $2000. AvaTrade requires $100.
Saxo Bank is regulated by FCA, MAS, ASIC, while AvaTrade holds licences from FCA, ASIC, MAS.
Saxo Bank supports Proprietary Web, Proprietary Mobile. AvaTrade supports MT4, MT5, 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.