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Saxo Bank vs Fusion Markets : Fees, Safety & Trading Conditions Compared (2026)
Broker Name
Saxo Bank
Fusion Markets
Broker Overview
Broker Type (e.g., Market Maker, ECN/STP)
STP broker
ECN broker
Years of Existence / Established Year
1992
2017
Customer Base / Number of Accounts
1 million+ clients
No information
Regulation & Security
Regulations (governing bodies)
FSA, FCA, MAS, JFSA, SFC, ASIC, DFSA, FINMA, MiFID
ASIC, VFSC, and FSA
Awards Won (count for the last 2 years)
Best Prime-of-Prime Broker 2024, Best Trading Platform 2024, Best Forex Broker 2024, Best CFD Broker 2023 and Best DMA/Professional Trading Account 2023
Best MetaTrader Broker, Lowest Spread Forex Broker, Lowest Commission Forex Broker in 2023, 2024
Security Measures
Danish Depositor and Investor Guarantee Scheme DGS upto EUR 100,000 per depositor
No
SSL Encryption / 2FA
Yes
Yes
Segregated Funds
Yes
Yes
Negative Balance Protection
Yes
Yes* Restriction for some regions
Trading Instruments/Products Offered
Assets Types / Trading Instruments (total count and breakdown)
over 71,000 financial instruments including Turbos
12+ metals including energies, US shares CFDs
Currency Pairs
Yes
Yes
Commodities
Yes
Yes
Indices
No
Yes
Cryptocurrencies
Yes
Yes
CFDs
Yes
Yes
ETFs
Yes
No
Stocks
Yes
No
Options
Yes
No
Futures
Yes
No
Bonds
Yes
No
Mutual Funds
Yes
No
Fractional Shares
Exchange Traded Notes (ETNs)
No
No
Precious Metals
No
Yes
Real Estate Investment Trusts (REITs)
No
No
Equities
No
Yes
Trading Platforms & Technology
Trading Platform Availability
Yes
Yes
MT4
No
Yes
MT5
No
Yes
cTrader
No
Yes
Social Trading
No
Copy Trading
Yes
Yes
Other Trading Platforms (proprietary, etc.)
Saxo investor, SaxoTrader GO, SaxoTrader PRO
No
Platform Compatibility (Windows, Mac, iOS, Android)
Yes
Yes
Account Types & Conditions
Account Types (Retail, Pro, VIP, etc.)
Saxo account, Joint account, Corporate account, Professional account
Zero, Classic, Swap free accounts
Demo Account (Yes/No)
Yes
Yes
Islamic Accounts (Yes/No)
No
Yes
Minimum Deposit
$0
$0
Leverage Available
1:50-1:100
10:1- 500:1
Trade Limit (maximum per trade)
Depends on the assets class
50,000,000 USD
Commission (per account type)
$0
Zero account- $4.5, Classic account -$0
Best Suited For (e.g., beginners, experienced traders)
Beginners to experienced traders
Beginners and active traders
Deposit & Withdrawal Options
Deposit Methods
VAN bank transfer, Bank transfer, Telegraphic transfer, Credit/ debit card
Dragon pay, Wire Transfer, SEPA (Single Euro Payments Area), Transferwise, Visa, MasterCard, Credit card, Debit card, Bitcoin payments , Ethereum payments, e-wallets
Withdrawal Methods
Telegraphic Transfer, MEPS
Dragon pay, Wire Transfer, SEPA (Single Euro Payments Area), Transferwise, Visa, MasterCard, Credit card, Debit card, Bitcoin payments , Ethereum payments, e-wallets
Other E-Wallets Supported
No
Skrill, Neteller, PayPal, Sticpay, FasaPay, Perfect Money, JetonCash, AstroPay, PayID, Doku Wallet
Tools & Educational Resources
Economic Calendar
Yes
Yes
Tools & Educational Resources (tutorials, webinars, market news, etc.)
Saxo Academy Trading Education, Market Analysis and Insights, Webinars, Trading Strategies and Ideas, Saxo TV Market News and Analysis
Trading Education, Market Analysis, Webinars, Video Tutorials, Trading Guides and eBooks, Market Insights and News
Fees & Commissions
Trading-Related Fees
Stocks - $1, ETFs-$1, Bonds- 0.05%, Mutual funds- $0, Spread on Major forex pairs- from 0.7 to 0.9 pips
Commission- $2.25 per side, Spread starts from 0.0 pips
Spread (typical, fixed, variable)
Variable
Fixed and variable spreads
Per Lot Fees
NA
$4.50
Options Contract Fees
$0.75
NA
Futures Contract Fees
$1
NA
Markup Fees on Spread
NA
0.0 pip
Guaranteed Stop Loss Fees
NA
NA
Maximum Leverage
1:1000
500:1
Non-Trading Fees
Dormant Fees
$0
$0
Subscription Fees (for premium features, data feeds)
100 EUR per ISIN
NA
Advisory Fees
NA
NA
Swap Fees (Overnight Financing)
Yes
$0
Statement or Document Fee
NA
NA
Account Opening Fee
NA
$0
Account Maintenance Fee
NA
NA
Deposit Fee
Plus or minus 0.25%
$0
Currency Conversion Fee
$0
$0
Withdrawal Fee
$0 bank fees may apply
International wire transfers $20 to $30.
Bonuses, Promotions & Benefits
Bonuses, Promotions, and Referrals
Yes
Yes
Customer Benefits (e.g., Retirement Plan)
No
No
Trading Hours
Trading Hours (for each asset class if applicable)
Varies by instrument
Varies by product
Customer Support
Support Hours (e.g., 24/7, weekdays only)
24/5
24/7
Customer Support Methods (phone, email, live chat)
Phone: +33 1 78 94 56 40, +44 (0)207 151 2100, +39 02 3668 2929, +31 (0)20 225 5900, +41 58 317 95 00. E-mail: [email protected], Live chat
E-mail: [email protected], Phone: +61 3 8376 2706, Live chat
Support Languages
24+
12+
Additional Information
Headquarters Location
Copenhagen, Denmark
Govant Building,BP 1276 Port Vila,Vanuatu.
Complaints (for crypto brokers)
No
No
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