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Saxo Bank vs Capital.com: 2023 Comparison

Franklin Carneiro da Silva| Updated: August 22, 2023

Are you confused about whether to choose Saxo Bank vs Capital.com as a broker for your investing needs?

In this side-by-side comparison, we analyse Saxo Bank vs Capital.com to help you understand how these apps compare on some of the most common features and make a better-informed decision about the best broker for you.

Below, you’ll find the pros and cons of each broker, as well as a comparison table that features the different fees charged, the financial instruments supported, the regulation, and more. Keep reading!

Ideal for
Advanced traders with a focus on reliability and security

Saxo Bank is a renowned online trading and investment bank that offers a wide range of financial services to individual and institutional clients.

Saxo Bank offers a range of trading platforms, including SaxoTraderGO and SaxoTraderPRO, providing clients with user-friendly and advanced options to access global markets.

Security is a paramount concern for Saxo Bank, which is evident through its strong regulatory oversight, encryption protocols, and segregated accounts.

Saxo Bank vs Capital.com: 2023 Comparison 1
Visit Capital.comAsset 3

84% of retail CFD accounts lose money.

Ideal for
Commission-free CFDs trading

Capital.com is committed to building the world’s best trading experience. They utilize AI-enabled technology and integrations with Trading view to offer a unique trading experience.

With 500,000+ active users, Capital.com is a commission-free broker in CFDs on indices, shares, cryptos, commodities, and Forex. The only charges you will notice are spreads.

The trading platforms on desktop and mobile are highly customized to your individual trading preferences. You can access news feeds, extended trading hours, and various order types.

Pros and Cons

Pros

  • Excellent research materials
  • Outstanding trading platforms (SaxoTraderPRO and SaxoTraderGO)
  • Extensive range of investment products
  • Long track record
  • Supervised by worldwide top-tier regulators

Cons

  • High minimum deposit ($2,000)
  • Fees higher than average
  • Fee structure is complex
  • Does not accept US residents

Pros

  • Capital Com (UK) Limited (“CCUK”) offers Spread betting to its clients
  • Easy to open an account
  • Demo Account
  • Minimum deposit of €20 (by credit card)
  • Extended trading hours
  • Lots of educational content
  • Strong customer support

Cons

  • The product offering is still limited to CFDs in most countries (missing bonds and other real assets)
  • To trade ETFs, users have to contact customer support to open a separate account for that purpose
  • It may be overwhelming for beginners
  • Not available in the United States, Canada, Belgium, Spain, and other countries
Saxo
Saxo Bank vs Capital.com: 2023 Comparison 2
  •  
  • General Information
  • Founded in
  • Demo Account
  • Account Minimum
  • Interest on unninvested cash (annually)
  • Products
  • Stocks
  • ETFs
  • Bonds
  • Funds
  • Options
  • Futures
  • CFDs
  • Leverage Products
  • Forex
  • Cryptocurrencies
  • Commodities
  • Fees
  • US stocks
  • EU stocks
  • ETFs
  • Cryptocurrencies
  • Custody Fee
  • Inactivity Fee
  • Withdrawal Fee
  • Connectivity Fee
  • Currency Conversion Fee
  • Security
  • Regulators
  • Investor Compensation Scheme(per person, per institution)
  • Saxo BankAsset 3
  • General Information
  • Founded in1992
  • Demo Account
  • Account Minimum$0 to $10,000, depending on the country**$/€2,000 for international accounts; £500 (UK)
  • Interest on unninvested cash (annually)USD: Up to 4.31%; EUR: Up to 2.55%
  • Products
  • Stocks
  • ETFs
  • Bonds
  • Funds
  • Options
  • Futures
  • CFDs
  • Leverage Products
  • Forex
  • Cryptocurrencies*Only 9 Crypto FX pairs
  • Commodities
  • Fees
  • US stocksFrom $0.01, $0.015 or $0.02 per share**Min. $1, $5 or $7, depending on account type: VIP, Platinum, Classic
  • EU stocksBetween 0.05% and 0.35%**Min. between €6 and €12 depending on exchange and account type
  • ETFsFrom $1**Depending on exchange and account type
  • Cryptocurrencies-
  • Custody FeeMin. $5**Between 0.05% and 0.15% depending on account type
  • Inactivity Fee£25 (UK) after one quarter of inactivity, $150 after 6 months of inactivity (International)
  • Withdrawal Fee€/$/£0
  • Connectivity Fee€/$/£0
  • Currency Conversion FeeBetween 0.3% and 1.0%**Depending on account type
  • Security
  • RegulatorsASIC, FSA, FCA, SFC, MAS, FINMA, DFSA.
  • Investor Compensation Scheme(per person, per institution)

    Depends on where the account is opened: up to €100,000 for cash and €20,000 for securities (Europe); up to £85,000 (UK); CHF 100,000 (Switzerland); HKD 500,000 (Hong Kong)

  • Capital.comAsset 3

    84% of retail CFD accounts lose money.

  • General Information
  • Founded in2016
  • Demo Account
  • Account Minimum€/$/£20
  • Interest on unninvested cash (annually)0%
  • Products
  • Stocks*Only in some countries.
  • ETFs*Only in some countries.
  • Bonds
  • Funds
  • Options
  • Futures
  • CFDs*On Stocks, ETFs, Indices, Forex, and Commodities.
  • Leverage Products
  • Forex
  • Cryptocurrencies
  • Commodities
  • Fees
  • US stocks€/$/£0
  • EU stocksNot Applicable
  • ETFs€/$/£0
  • CryptocurrenciesNot Applicable**0.25% spread on Bitcoin CFD - it varies according to each crypto.
  • Custody Fee€/$/£0
  • Inactivity Fee€/$/£0
  • Withdrawal Fee€/$/£0
  • Connectivity Fee€/$/£0
  • Currency Conversion Fee0%
  • Security
  • RegulatorsFCA, CySEC, ASIC and FSA.
  • Investor Compensation Scheme(per person, per institution)

    Up to €20.000 for clients in Europe; Up to £85.000 for clients in the UK.

Franklin Carneiro da Silva
Co-Founder & Fintech Analyst

Franklin is a CFA Level III Candidate with 3 years of experience in Wealth Management as a Fund Research Analyst and the Host of the "Edge Over Hedge" YouTube Channel.

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