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Saxo Bank vs Plus500 Futures : Fees, Safety & Trading Conditions Compared (2026)

Broker Name

Saxo Bank

Saxo Bank

VS
Plus500 Futures

Plus500 Futures

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Broker Overview

Broker Type (e.g., Market Maker, ECN/STP)

STP broker

Market Maker

Years of Existence / Established Year

1992

2008

Customer Base / Number of Accounts

1 million+ clients

30+ Million


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Regulation & Security

Regulations (governing bodies)

FSA, FCA, MAS, JFSA, SFC, ASIC, DFSA, FINMA, MiFID

NFA, CFTC

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

NA

Security Measures

Danish Depositor and Investor Guarantee Scheme DGS upto EUR 100,000 per depositor

NA

SSL Encryption / 2FA

Yes

Yes

Segregated Funds

Yes

Yes

Negative Balance Protection

Yes

No


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Trading Instruments/Products Offered

Assets Types / Trading Instruments (total count and breakdown)

over 71,000 financial instruments including Turbos

2800+ including Equity index

Currency Pairs

Yes

Yes

Commodities

Yes

Yes

Indices

No

No

Cryptocurrencies

Yes

Yes

CFDs

Yes

Yes

ETFs

Yes

No

Stocks

Yes

No

Options

Yes

No

Futures

Yes

Yes

Bonds

Yes

Yes

Mutual Funds

Yes

No

Fractional Shares

No

No

Exchange Traded Notes (ETNs)

No

No

Precious Metals

No

Yes

Real Estate Investment Trusts (REITs)

No

No

Equities

No

No


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Trading Platforms & Technology

Trading Platform Availability

Yes

Yes

MT4

No

No

MT5

No

No

cTrader

No

No

Social Trading

Yes

No

Copy Trading

Yes

No

Other Trading Platforms (proprietary, etc.)

Saxo investor, SaxoTrader GO, SaxoTrader PRO

Mobile and web trading platform

Platform Compatibility (Windows, Mac, iOS, Android)

Yes

Yes


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Account Types & Conditions

Account Types (Retail, Pro, VIP, etc.)

Saxo account, Joint account, Corporate account, Professional account

Plus500 futures trading account

Demo Account (Yes/No)

Yes

Yes

Islamic Accounts (Yes/No)

No

No

Minimum Deposit

$0

$100

Leverage Available

1:50-1:100

1:30 - 1:300

Trade Limit (maximum per trade)

Depends on the assets class

Depends on the asset type

Commission (per account type)

$0

$0

Best Suited For (e.g., beginners, experienced traders)

Beginners to experienced traders

Beginners


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Deposit & Withdrawal Options

Deposit Methods

VAN bank transfer, Bank transfer, Telegraphic transfer, Credit/ debit card

Visa, Master card, Bank transfer, e-wallets

Withdrawal Methods

Telegraphic Transfer, MEPS

Visa, Master card, Bank transfer, e-wallets

Other E-Wallets Supported

No

Apple pay, GPay, Klarna


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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 academy, News and Markets insights, Risk management tools


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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

NFA Regulatory Fee- $0.02 per side, Commission -$0.49 to $0.89

Spread (typical, fixed, variable)

Variable

Fixed

Per Lot Fees

NA

NA

Options Contract Fees

$0.75

NA

Futures Contract Fees

$1

NA

Markup Fees on Spread

NA

NA

Guaranteed Stop Loss Fees

NA

NA

Maximum Leverage

1:1000

1:300 for professional account


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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

NA

Statement or Document Fee

NA

$0

Account Opening Fee

NA

NA

Account Maintenance Fee

NA

NA

Deposit Fee

Plus or minus 0.25%

$0

Currency Conversion Fee

$0

NA

Withdrawal Fee

$0 bank fees may apply

$0


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Bonuses, Promotions & Benefits

Bonuses, Promotions, and Referrals

Yes

Yes

Customer Benefits (e.g., Retirement Plan)

No

Yes


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Trading Hours

Trading Hours (for each asset class if applicable)

Varies by instrument

Depends on the assets type


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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 through Query Form, Live chat

Support Languages

24+

2


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Additional Information

Headquarters Location

Copenhagen, Denmark

Israel

Complaints (for crypto brokers)

No

No


At TradingCritique, we don't just list brokers. We test, compare, and simplify your decision-making. Whether you're a beginner or a pro, our data-driven comparisons are built to match your trading style and region. Learn how we Evaluate a broker.
Value depends on what you trade: Saxo Bank can suit multi-asset portfolios, while Plus500 Futures is simple for exchange-traded futures with transparent per-order fees.
Saxo Bank commonly provides multiple account options and may include more manual checks. Plus500 Futures keeps onboarding streamlined and digital, includes a demo account, and requires a $100 minimum deposit.
Saxo Bank may emphasize research add-ons or screeners. Plus500 Futures focuses on efficient futures execution via WebTrader/mobile connectivity.
Saxo Bank can suit traders seeking broader product menus or research-heavy workflows. Plus500 Futures is better aligned to futures-led strategies with transparent, exchange-style pricing.