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Saxo Bank vs ATFX : Fees, Safety & Trading Conditions Compared (2026)
Broker Name
Saxo Bank
ATFX
Broker Overview
Broker Type (e.g., Market Maker, ECN/STP)
STP broker
ECN
Years of Existence / Established Year
1992
2017
Customer Base / Number of Accounts
1 million+ clients
254,000 +
Regulation & Security
Regulations (governing bodies)
FSA, FCA, MAS, JFSA, SFC, ASIC, DFSA, FINMA, MiFID
FCA FSCA ASIC SCA , FSC, FSA CySEC FSC Seychelles FSA SFC
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 Global Forex Broker 2024 Best Global Forex Chairman 2024 Best Forex MT4 Broker - Asia 2024 in Global Brand Magazin Awards 2024 Most trusted forex broker in Asia 2023 in FAME awards
Security Measures
Danish Depositor and Investor Guarantee Scheme DGS upto EUR 100,000 per depositor
ATFX Client funds insurance up to USD1,000,000,
SSL Encryption / 2FA
Yes
No
Segregated Funds
Yes
Yes
Negative Balance Protection
Yes
Yes (Not for professional clients)
Trading Instruments/Products Offered
Assets Types / Trading Instruments (total count and breakdown)
over 71,000 financial instruments including Turbos
300+ instruments 15+ US, European & Asian stock indices, shares
Currency Pairs
Yes
Yes
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
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
No
Trading Platforms & Technology
Trading Platform Availability
Yes
Yes
MT4
No
Yes
MT5
No
Yes
cTrader
No
No
Social Trading
Yes
Copy Trading
Yes
Yes
Other Trading Platforms (proprietary, etc.)
Saxo investor, SaxoTrader GO, SaxoTrader PRO
ATFX Mobile Trading App
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
Micro, Classic, Premium, Raw
Demo Account (Yes/No)
Yes
Yes
Islamic Accounts (Yes/No)
No
No
Minimum Deposit
$0
$100
Leverage Available
1:50-1:100
1:400
Trade Limit (maximum per trade)
Depends on the assets class
30 lots maximum trade
Commission (per account type)
$0
Raw- 7 USD per lot
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
Bank transfers Credit card Debit card E-Wallets
Withdrawal Methods
Telegraphic Transfer, MEPS
Bank transfers Credit card Debit card E-Wallets
Other E-Wallets Supported
No
Neteller Skrill Perfect money
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
Tools MT4 & MT5 ATFX Copytrade Trading Central Autochartist ATFX Support & Resistance Indicator MT4 Indicators Position size calculators
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
Spread- starts from 0.0 to 2.8 pips
Spread (typical, fixed, variable)
Variable
Variable
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
1:400
Non-Trading Fees
Dormant Fees
$0
$0
Subscription Fees (for premium features, data feeds)
100 EUR per ISIN
$0
Advisory Fees
NA
$0
Swap Fees (Overnight Financing)
Yes
NA
Statement or Document Fee
NA
NA
Account Opening Fee
NA
$0
Account Maintenance Fee
NA
$0
Deposit Fee
Plus or minus 0.25%
$0
Currency Conversion Fee
$0
0
Withdrawal Fee
$0 bank fees may apply
5 Euro/USD charged for withdrawals below 100 EUR/USD
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
24x5 forex trading hours Sydney - 10pm to 7am summer session. 11pm to 8am winter session. Tokyo - 11pm to 8am summer session. 12pm to 9am winter session. London - 7am to 4pm summer session. 8am to 5pm winter session. New York - 12pm to 9pm summer session. 1am to 10pm winter session.
Customer Support
Support Hours (e.g., 24/7, weekdays only)
24/5
24x5
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: mailto:[email protected] Line:Taiwan 00801127901 Thailand 1800012752
Support Languages
24+
10+
Additional Information
Headquarters Location
Copenhagen, Denmark
1st Floor, 32 Cornhill, London EC3V 3SG, United Kingdom
Complaints (for crypto brokers)
No
No
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