Saxo Bank vs DEGIRO 2026: Which Broker is Better?
Choosing between Saxo Bank and DEGIRO depends on your trading style, preferred markets, and budget. Saxo Bank is headquartered in Copenhagen, Denmark, while DEGIRO operates from Amsterdam, Netherlands. Saxo Bank has the longer track record, established in 1992, compared to DEGIRO which was founded in 2013. 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
DEGIRO
| Saxo Bank | DEGIRO | |
|---|---|---|
| BrokerRank Score | 4.0/5 ✓ | 3.3/5 |
| Min. Deposit | $2000 | $0 ✓ |
| Spread from | 0.4 pips | 0 pips ✓ |
| Max Leverage | 1:200 ✓ | 1:1 |
| Regulation | FCA, MAS, ASIC ✓ | FCA |
| 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 belowSaxo Bank vs DEGIRO: Key Differences
Saxo Bank
WinnerDEGIRO
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Fees Comparison
Saxo Bank
DEGIRO
Regulation & Trust
Saxo Bank holds licences from FCA, MAS, ASIC. DEGIRO is regulated by FCA.
Markets & Assets
Both brokers offer access to Stocks, Indices, Commodities markets. Saxo Bank additionally covers Forex, Cfd.
Fees & Spreads
On spreads, DEGIRO is more competitive with EUR/USD spreads from 0.0 pips, compared to 0.4 pips at Saxo Bank.
Trading Platforms
Saxo Bank supports Proprietary Web, Proprietary Mobile. DEGIRO offers Proprietary Web, Proprietary Mobile. Both brokers are available on Proprietary Web, Proprietary Mobile.
Minimum Deposit
Saxo Bank requires a minimum deposit of $2,000, while DEGIRO sets no minimum deposit. This makes DEGIRO accessible to traders with any budget.
Overall Ratings
BrokerRank scores Saxo Bank at 4.00/5 and DEGIRO at 3.27/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. Saxo Bank leads overall with a clear advantage.
BrokerRank Verdict
Who Should Choose Which?
Saxo Bank
4.0/5
Choose Saxo Bank if you want…
- Higher overall rating (4.0/5)
- Higher leverage (up to 1:200)
- More regulatory licences (3)
- More market types (5)
DEGIRO
3.3/5
Choose DEGIRO if you want…
- Tighter spreads (from 0 pips)
- No minimum deposit
Also consider
We earn a commission when you open an account through these links, at no extra cost to you. Our ratings are scored independently — see the full independent ranking.
Both Saxo Bank & DEGIRO are available in
Frequently Asked Questions
1Is Saxo Bank better than DEGIRO?
Saxo Bank scores higher overall on our independent rating system. Saxo Bank holds a 4.0/5 rating vs DEGIRO's 3.3/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
2Which has lower fees, Saxo Bank or DEGIRO?
Saxo Bank offers spreads from 0.4 pips, while DEGIRO starts at 0 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for Saxo Bank vs DEGIRO?
Saxo Bank requires a minimum deposit of $2000. DEGIRO requires $0.
4Which broker is safer, Saxo Bank or DEGIRO?
Saxo Bank is regulated by FCA, MAS, ASIC, while DEGIRO holds licences from FCA.
5What trading platforms do Saxo Bank and DEGIRO support?
Saxo Bank supports Proprietary Web, Proprietary Mobile. DEGIRO supports Proprietary Web, Proprietary Mobile.
6Can I use both Saxo Bank and DEGIRO?
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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