eToro vs Saxo Bank
An in-depth comparison to help you choose the right broker for your trading journey.
QUICK VERDICT
Who Wins?
HEAD-TO-HEAD 
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)
Up to 30:1 (EU)
Instruments
3,000+
71,000+
Fees Score
3.5/5
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
ANALYSIS
Open eToro Account
Open Saxo Bank Account
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)
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
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