Saxo Bank
Bitpanda
VS
Higher Rated
Saxo Bank
Capital at risk · T&Cs apply
Choosing between Saxo Bank and Bitpanda depends on your trading style, preferred markets, and budget. Saxo Bank is headquartered in Copenhagen, Denmark, while Bitpanda operates from Vienna, Austria. Saxo Bank has the longer track record, established in 1992, compared to Bitpanda which was founded in 2014. 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
Bitpanda
Saxo Bank is the better choice overall, scoring 4.0/5 vs 3.2/5 on BrokerRank's independent rating. On fees, Bitpanda offers lower spreads (0 pips).
See full side-by-side comparison belowOverall Rating
Saxo Bank
4.0 vs 3.2
Lowest Fees
Bitpanda
0.4 vs 0 pips
Regulation
Saxo Bank
3 vs 1 licences
Min. Deposit
Bitpanda
$2000 vs $1
Saxo Bank
WinnerBitpanda
Saxo Bank
Bitpanda
Saxo Bank holds licences from FCA, MAS, ASIC. Bitpanda is regulated by CySEC.
Both brokers offer access to Stocks, Indices markets. Saxo Bank additionally covers Forex, Cfd, Commodities. Bitpanda adds Crypto.
On spreads, Bitpanda is more competitive with EUR/USD spreads from 0.0 pips, compared to 0.4 pips at Saxo Bank.
Saxo Bank supports Proprietary Web, Proprietary Mobile. Bitpanda offers Proprietary Web, Proprietary Mobile. Both brokers are available on Proprietary Web, Proprietary Mobile.
Saxo Bank requires a minimum deposit of $2,000, while Bitpanda sets a minimum deposit of $1. Both are suitable for traders with moderate starting capital.
BrokerRank scores Saxo Bank at 4.00/5 and Bitpanda at 3.20/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. Saxo Bank leads overall with a clear advantage.
Saxo Bank scores higher overall on our independent rating system. Saxo Bank holds a 4.0/5 rating vs Bitpanda's 3.2/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
Saxo Bank offers spreads from 0.4 pips, while Bitpanda starts at 0 pips. Check the fees section above for a full breakdown.
Saxo Bank requires a minimum deposit of $2000. Bitpanda requires $1.
Saxo Bank is regulated by FCA, MAS, ASIC, while Bitpanda holds licences from CySEC.
Saxo Bank supports Proprietary Web, Proprietary Mobile. Bitpanda 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.