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

Broker Name

Saxo Bank

GO Markets

Broker Overview

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

STP broker

Both STP and Market maker broker

Years of Existence / Established Year

1992

2006

Customer Base / Number of Accounts

1 million+ clients

No information

Regulation & Security

Regulations (governing bodies)

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

CySEC, FSC, ASIC

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

Most Trusted Global Forex Broker, Asia 2024, Best Global Forex Broker, Asia 2024

Security Measures

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

FSCS

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

1000+ products including Share CFDs, Index CFDs, Treasury CFDs

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

Trading Platforms & Technology

Trading Platform Availability

Yes

MT4

Yes

MT5

Yes

cTrader

Yes

Social Trading

Yes

Copy Trading

Yes

Other Trading Platforms (proprietary, etc.)

Saxo investor, SaxoTrader GO, SaxoTrader PRO

Platform Compatibility (Windows, Mac, iOS, Android)

Yes

Account Types & Conditions

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

Saxo account, Joint account, Corporate account, Professional account

Go Plus account and standard account

Demo Account (Yes/No)

Yes

Islamic Accounts (Yes/No)

Yes

Minimum Deposit

Leverage Available

1:50-1:100

20:1 to 500:1

Trade Limit (maximum per trade)

Depends on the assets class

Depends on assets type

Commission (per account type)

Plus account- $2.50 per side on FX standard lot, Standard account -$0

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

Beginners to experienced traders

Beginner to experienced traders

Deposit & Withdrawal Options

Deposit Methods

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

Master card, Visa, Skrill, Neteller, Bank Transfer

Withdrawal Methods

Telegraphic Transfer, MEPS

Master card, Visa, Skrill, Neteller, Bank Transfer

Other E-Wallets Supported

Skrill, Neteller

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

Trading Education Online Courses, Market Analysis and Insights, Webinars, Trading Guides and eBooks, Video Tutorials, GoMarkets Blog Market News and Analysis, Technical Analysis Reports

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 pips

Spread (typical, fixed, variable)

Variable

Typical

Per Lot Fees

Cryptocurrencies: $10 per lot, Spot Brent and Spot WTI: $15 per lot, FX and metals: $40 per lot, BTC: $50 per lot

Options Contract Fees

$0.75

Futures Contract Fees

Markup Fees on Spread

Guaranteed Stop Loss Fees

Maximum Leverage

1:1000

500:1

Non-Trading Fees

Dormant Fees

Subscription Fees (for premium features, data feeds)

100 EUR per ISIN

$25

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

Euro:€2.00 per side, Great British Pound: €2.00 per side, New Zealand Dollar: NZ$3.50 per side, United States Dollar: US$2.50 per side

Withdrawal Fee

$0 bank fees may apply

Bonuses, Promotions & Benefits

Bonuses, Promotions, and Referrals

Yes

Customer Benefits (e.g., Retirement Plan)

Trading Hours

Trading Hours (for each asset class if applicable)

Varies by instrument

Monday 00:00 to Friday 24:00 (Platform time)

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

Call: +230 5869 0074, E-mail: [email protected], Go markets Quick support

Support Languages

24+

18+

Additional Information

Headquarters Location

Copenhagen, Denmark

Level 7 Office 12, ICONEBENE, Lot B441, Rue de L'Institut, Ebene

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.

While Saxo Bank maintains low trading fees with no minimum deposit, GO Markets includes some charges for premium features and certain asset trades, making Saxo Bank the better option for budget-focused traders.

If speed and simplicity matter to you, Saxo Bank delivers a streamlined account setup. In contrast, GO Markets includes more documentation and KYC checks, which can delay access but ensures strong compliance.

New traders may find Saxo Bank interface more welcoming, while GO Markets appeals to experienced users looking for tools like heatmaps, screeners, and market sentiment overlays.

Saxo Bank is geared toward frequent trading and analytics, while GO Markets fits those who value simplicity and guided experiences.

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