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

Broker Name

Saxo Bank

Exness

Broker Overview

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

STP broker

ECN / Market maker

Years of Existence / Established Year

1992

2008

Customer Base / Number of Accounts

1 million+ clients

800,000

Regulation & Security

Regulations (governing bodies)

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

FSA CBCS FSC FSCA CySEC FCA CMA JSC

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 Retail FX Broker, Most Trusted Broker 2024 , Best Multi-Asset Broker and Most Trusted Broker in Africa 2024 ,Five awards at the Cyprus Responsible Business Awards 2024

Security Measures

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

ICF

SSL Encryption / 2FA

Yes

Segregated Funds

Yes

Negative Balance Protection

Yes

Trading Instruments/Products Offered

Assets Types / Trading Instruments (total count and breakdown)

over 71,000 financial instruments including Turbos

200+ trading instruments

Currency Pairs

Yes

Commodities

Yes

Indices

Yes

Cryptocurrencies

Yes

CFDs

Yes

ETFs

Yes

Stocks

Yes

Options

Yes

Futures

Yes

Bonds

Yes

Mutual Funds

Yes

Fractional Shares

Exchange Traded Notes (ETNs)

Precious Metals

Yes

Real Estate Investment Trusts (REITs)

Equities

Yes

Trading Platforms & Technology

Trading Platform Availability

Yes

MT4

Yes

MT5

Yes

cTrader

Social Trading

Yes

Copy Trading

Yes

Other Trading Platforms (proprietary, etc.)

Saxo investor, SaxoTrader GO, SaxoTrader PRO

Exness Terminal Exness Trade App

Platform Compatibility (Windows, Mac, iOS, Android)

Yes

Account Types & Conditions

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

Saxo account, Joint account, Corporate account, Professional account

Standard Accounts Standard cent Accounts Pro Accounts Raw Spread Accounts Demo Trading Accounts Social Trading Accounts

Demo Account (Yes/No)

Yes

Islamic Accounts (Yes/No)

Minimum Deposit

$1 for standard accounts $200 for professional accounts

Leverage Available

1:50-1:100

1:30 to1 : 2000

Trade Limit (maximum per trade)

Depends on the assets class

200 lots - day time 60 lots for forex & 20 lots others - night time

Commission (per account type)

$3.5 per lot for Raw Spread accountsCommission free for Standard, Standard Cent & Pro accounts

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

Beginners to experienced traders

Beginners

Deposit & Withdrawal Options

Deposit Methods

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

Bank transfer Card E Wallets

Withdrawal Methods

Telegraphic Transfer, MEPS

Bank transfer Card E Wallets

Other E-Wallets Supported

Neteller Skrill Perfect Money Sticpay

Tools & Educational Resources

Economic Calendar

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

Analytical tools Trading calculator Currency converter Tick history VPS hosting

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

Forex- 0.0 pips, Commission- $0

Spread (typical, fixed, variable)

Variable

Per Lot Fees

Options Contract Fees

$0.75

USD 0.05 to 3.5 per contract

Futures Contract Fees

Markup Fees on Spread

Guaranteed Stop Loss Fees

Maximum Leverage

1:1000

1:2000

Non-Trading Fees

Dormant Fees

Subscription Fees (for premium features, data feeds)

100 EUR per ISIN

Advisory Fees

Swap Fees (Overnight Financing)

Yes

Statement or Document Fee

Account Opening Fee

Account Maintenance Fee

Deposit Fee

Plus or minus 0.25%

Currency Conversion Fee

Withdrawal Fee

$0 bank fees may apply

Bonuses, Promotions & Benefits

Bonuses, Promotions, and Referrals

Yes

Customer Benefits (e.g., Retirement Plan)

Yes

Trading Hours

Trading Hours (for each asset class if applicable)

Varies by instrument

Forex trading hours - Sunday 22:05 to Friday 21:59Crypto trading hours - Sunday from 21:35 to Friday 22:05Indices trading hours - Sunday 23:05 to Friday 21:00Commodities - Sunday 23:05 to Friday 21:58

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

Help Center Support hub, Live chat

Support Languages

24+

15+

Additional Information

Headquarters Location

Copenhagen, Denmark

1 Siafi Street, Portobello Office 401, Limassol 3042, Cyprus

Complaints (for crypto brokers)

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.

Both Saxo Bank and Exness offer affordable fee structures, but Saxo Bank generally edges out with no inactivity fees and lower commissions on standard trades, whereas Exness shines with bundled research and platform access.

Saxo Bank makes starting out easy with a simple application, especially for retail clients. Exness platform, while requiring more effort to join, allows experienced traders to customize their accounts from the start.

Traders who value simplicity and execution speed may prefer Saxo Bank platform. Meanwhile, Exness offers more flexibility through tools like advanced order types and multi-screen support.

Those seeking technical depth may prefer Saxo Bank, while Exness shines with intuitive design and streamlined features.

Explore More Broker Matchups

Here are more Comparisons to help you choose wisely

Compare Saxo Bank and ATC Brokers

Compare Saxo Bank and Merrill Edge

Compare Saxo Bank and E*TRADE

Compare Exness and Vantage

Compare Exness and Fidelity

Compare Exness and Saxo Bank

Our Latest Contents

Stay updated with our newest insights and guides!

Top Broker Reviews

Discover brokers trusted by global traders.

Select Your Brokers to Compare