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Saxo Bank vs Plus500 Futures : Fees, Safety & Trading Conditions Compared (2026)
Broker Name
Saxo Bank
Plus500 Futures
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
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
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
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
No
MT5
No
No
cTrader
No
No
Social Trading
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
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
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
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
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
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
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
Depends on the assets type
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
Additional Information
Headquarters Location
Copenhagen, Denmark
Israel
Complaints (for crypto brokers)
No
No
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