BROKER COMPARISON

eToro vs Saxo Bank

An in-depth comparison to help you choose the right broker for your trading journey.

Quick Verdict

4/5

Best for: Social traders

Visit eToro

4.5/5

Best for: Professional traders

Visit Saxo Bank

Side-by-Side Comparison

Feature

Overall Rating

4/5

4.5/5

Minimum Deposit

$50

$2,000

Spreads From

1.0 pips

0.4 pips

Max Leverage

Up to 30:1 (EU)

Instruments

3,000+

71,000+

Fees Score

3.5/5

Platforms Score

4/5

4.8/5

Education Score

4.2/5

4.3/5

Safety Score

4.5/5

4.9/5

Platforms

eToro Platform, eToro Mobile App

SaxoTraderGO, SaxoTraderPRO, SaxoInvestor

Founded

2007

1992

Headquarters

Tel Aviv, Israel

Copenhagen, Denmark

Pros & Cons

Pros

+ Industry-leading copy trading (CopyTrader)
+ Low minimum deposit of $50
+ Commission-free stock trading
+ User-friendly mobile app
+ Large social community of 30M+ users

Cons

- $5 withdrawal fee
- Spreads higher than traditional brokers
- Limited advanced charting tools
- Proprietary platform only (no MT4/MT5)

Open eToro Account

Pros

+ 71,000+ instruments
+ Award-winning platforms
+ Bank-level security
+ Premium research
+ Options and futures

Cons

- High minimum deposit ($2,000)
- Premium pricing
- Complex for beginners
- Inactivity fees

Open Saxo Bank Account

Our Recommendation

Choose

If you:

Social traders
Beginners
Copy trading enthusiasts
Part-time investors

Visit eToro →

Choose

If you:

Professional traders
High-net-worth investors
Multi-asset portfolios

Visit Saxo Bank →

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