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

Broker Name

Saxo Bank

Saxo Bank

VS
Fineco Bank

Fineco Bank

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Broker Overview

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

STP broker

NA

Years of Existence / Established Year

1992

1999

Customer Base / Number of Accounts

1 million+ clients

1.4M


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Regulation & Security

Regulations (governing bodies)

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

FCA, PRA Bank of Italy and Consob

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

Winner of EMAS Italia 2023 Best in ESG in MF investment and advisor awards 2023 Sustainability leaders 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

NBP for derivatives not available for professional traders


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Trading Instruments/Products Offered

Assets Types / Trading Instruments (total count and breakdown)

over 71,000 financial instruments including Turbos

6000+ financial products including ETCs

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

Yes

Mutual Funds

Yes

Yes

Fractional Shares

No

Yes

Exchange Traded Notes (ETNs)

No

Yes

Precious Metals

No

Yes

Real Estate Investment Trusts (REITs)

No

No

Equities

No

Yes


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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

PowerDesk Fineco App

Platform Compatibility (Windows, Mac, iOS, Android)

Yes

Yes (except iOS)


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Account Types & Conditions

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

Saxo account, Joint account, Corporate account, Professional account

Fineco Account Trading Account

Demo Account (Yes/No)

Yes

No

Islamic Accounts (Yes/No)

No

No

Minimum Deposit

$0

Euro 0

Leverage Available

1:50-1:100

100:1

Trade Limit (maximum per trade)

Depends on the assets class

CFDs Min 2% to Max 6% for intraday trading Min 7% to Max 100% for multiday trading

Commission (per account type)

$0

NA

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

Beginners to experienced traders

Beginners & experienced


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Deposit & Withdrawal Options

Deposit Methods

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

Bank transfer Credit / Debit cards

Withdrawal Methods

Telegraphic Transfer, MEPS

Bank transfer Credit / Debit cards

Other E-Wallets Supported

No

No


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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

Margination Automatic Orders Multicurrency Multiple Filters Remunerated Portfolio Video guides & online webinars


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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

CFD Stocks - Euro 0 CFD Indices - Euro 0 CFD Commodities -Euro 0 CFD Forex - Euro0 CFD Crypto -Euro 0 Knock out - Euro 0 ETF promotion -Euro 0 Certificates - Euro 0 Euro 3.95 per order on investments

Spread (typical, fixed, variable)

Variable

Variable

Per Lot Fees

NA

Up to Euro 0.85 and $1 per lot

Options Contract Fees

$0.75

IDEM options - Euro 1.95 EUREX Options - Euro 1.95 CBOE Options - $1.95

Futures Contract Fees

$1

Futures IDEM - Euro 1.95 EUREX Futures - Euro 0.95 CME Futures - $1

Markup Fees on Spread

NA

$0

Guaranteed Stop Loss Fees

NA

NA

Maximum Leverage

1:1000

100:1


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Non-Trading Fees

Dormant Fees

$0

Euro 0

Subscription Fees (for premium features, data feeds)

100 EUR per ISIN

0.25%

Advisory Fees

NA

$0

Swap Fees (Overnight Financing)

Yes

NA

Statement or Document Fee

NA

$0

Account Opening Fee

NA

$0

Account Maintenance Fee

NA

Euro 2.95 per month

Deposit Fee

Plus or minus 0.25%

$0

Currency Conversion Fee

$0

$0

Withdrawal Fee

$0 bank fees may apply

$0


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Bonuses, Promotions & Benefits

Bonuses, Promotions, and Referrals

Yes

No

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

24/5

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

UK - 08006406667 Abroad - +44 (0) 20 7065 7557 Monday to Friday, from 10:00 am to 6:30 pm.Email: mailto:[email protected]

Support Languages

24+

2


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Additional Information

Headquarters Location

Copenhagen, Denmark

Rivoluzione d'Ottobre 16, Reggio Emilia, Italy 42123

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.
Saxo Bank stands out for its zero-commission trading model, appealing to cost-conscious investors. In contrast, Fineco Bank offers more comprehensive services with slightly higher fees, especially for advanced tools and asset classes.
New users will likely find Saxo Bank sign-up process more intuitive. Meanwhile, Fineco Bank takes a more regulated path to onboarding, which could benefit traders seeking high capital limits and detailed agreements.
Saxo Bank excels in real-time trade execution with minimal latency, whereas Fineco Bank complements its execution with strong analytical modules and educational support within the platform.
If you're after professional-grade platforms, Saxo Bank may be ideal. For casual investors, Fineco Bank offers a low-barrier entry.