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Saxo Bank vs NinjaTrader : Fees, Safety & Trading Conditions Compared (2026)
Broker Name
Saxo Bank
NinjaTrader
Broker Overview
Broker Type (e.g., Market Maker, ECN/STP)
STP broker
ECN/STP
Years of Existence / Established Year
1992
2003
Customer Base / Number of Accounts
1 million+ clients
1.5M
Regulation & Security
Regulations (governing bodies)
FSA, FCA, MAS, JFSA, SFC, ASIC, DFSA, FINMA, MiFID
CFTC NFA
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
Leading Broker in TASC's 2024 Readers' Choice Awards 2024 Great Place to Work Best Brokerage for Trading Futures at Benzinga Global Fintech Awards 2023
Security Measures
Danish Depositor and Investor Guarantee Scheme DGS upto EUR 100,000 per depositor
SIPC & FSCS
SSL Encryption / 2FA
Yes
Yes
Segregated Funds
Yes
Yes
Negative Balance Protection
Yes
No
Trading Instruments/Products Offered
Assets Types / Trading Instruments (total count and breakdown)
over 71,000 financial instruments including Turbos
115+ trading instruments
Currency Pairs
Yes
No
Commodities
Yes
Yes
Indices
No
Yes
Cryptocurrencies
Yes
Yes
CFDs
Yes
Yes
ETFs
Yes
Yes
Stocks
Yes
Yes
Options
Yes
Yes
Futures
Yes
Yes
Bonds
Yes
Yes
Mutual Funds
Yes
No
Fractional Shares
Exchange Traded Notes (ETNs)
No
No
Precious Metals
No
Yes
Real Estate Investment Trusts (REITs)
No
Yes
Equities
No
Yes
Trading Platforms & Technology
Trading Platform Availability
Yes
Yes
MT4
No
No
MT5
No
No
cTrader
No
No
Social Trading
No
Copy Trading
Yes
Yes
Other Trading Platforms (proprietary, etc.)
Saxo investor, SaxoTrader GO, SaxoTrader PRO
Ninjatrader 8
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
Free Plan Lifetime Plan Monthly Plan
Demo Account (Yes/No)
Yes
Yes
Islamic Accounts (Yes/No)
No
No
Minimum Deposit
$0
$0
Leverage Available
1:50-1:100
No
Trade Limit (maximum per trade)
Depends on the assets class
Depends on assets type
Commission (per account type)
$0
Free- $0.35 per micro and $1.29 per standard, Monthly- $0.25 per micro and $0.99 per standard, Lifetime- $.09 per micro contract and $0.59 per standard
Best Suited For (e.g., beginners, experienced traders)
Beginners to experienced traders
Beginners & experienced
Deposit & Withdrawal Options
Deposit Methods
VAN bank transfer, Bank transfer, Telegraphic transfer, Credit/ debit card
ACH Transfer Debit Card Wire Transfer / SEPA By Check
Withdrawal Methods
Telegraphic Transfer, MEPS
Bank Transfer
Other E-Wallets Supported
No
No
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
Video tutorials Learning tools Technical analysis
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
$.05 to $.25 per contract
Spread (typical, fixed, variable)
Variable
variable
Per Lot Fees
NA
NA
Options Contract Fees
$0.75
$0.25 per contract (order routing fees)
Futures Contract Fees
$1
$0.29 to $.85
Markup Fees on Spread
NA
Variable
Guaranteed Stop Loss Fees
NA
NA
Maximum Leverage
1:1000
NA
Non-Trading Fees
Dormant Fees
$0
$25 monthly
Subscription Fees (for premium features, data feeds)
100 EUR per ISIN
Volume Indicators - $59 Data Fees - $4 per exchange Multi-License broker - $99
Advisory Fees
NA
NA
Swap Fees (Overnight Financing)
Yes
$50
Statement or Document Fee
NA
NA
Account Opening Fee
NA
Free Plan - $0 Monthly Plan - $99 Lifetime Plan - $1499
Account Maintenance Fee
NA
NA
Deposit Fee
Plus or minus 0.25%
ACH - Free Domestic Wire Transfer - $30
Currency Conversion Fee
$0
1% of currency converted, minimum 10 units of currency sold
Withdrawal Fee
$0 bank fees may apply
$0
Bonuses, Promotions & Benefits
Bonuses, Promotions, and Referrals
Yes
Yes
Customer Benefits (e.g., Retirement Plan)
No
Yes
Trading Hours
Trading Hours (for each asset class if applicable)
Varies by instrument
Depends on the assets type
Customer Support
Support Hours (e.g., 24/7, weekdays only)
24/5
24/5
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
Emergency trade desk: 312.423.2234 General inquiries: 1.800.496.1683 Fax: 312.329.9888 Email: mailto:[email protected] , Live chat
Support Languages
24+
1
Additional Information
Headquarters Location
Copenhagen, Denmark
222 N LaSalle Street Suite 1450, Chicago, IL 60601
Complaints (for crypto brokers)
No
No
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