Saxo Bank vs Trading 212 : Fees, Safety & Trading Conditions Compared (2026)

Broker Name

Saxo Bank

Trading 212

Broker Overview

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

STP broker

Years of Existence / Established Year

1992

2003

Customer Base / Number of Accounts

1 million+ clients

3 million- lifetime funded account

Regulation & Security

Regulations (governing bodies)

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

FCA, CySEC, ASIC, FSC

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

No major awards listed

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

13,000+ Global stocks and ETFs

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

Yes

Exchange Traded Notes (ETNs)

Precious Metals

Real Estate Investment Trusts (REITs)

Yes

Equities

Trading Platforms & Technology

Trading Platform Availability

Yes

MT4

MT5

cTrader

Social Trading

Yes

Copy Trading

Yes

Other Trading Platforms (proprietary, etc.)

Saxo investor, SaxoTrader GO, SaxoTrader PRO

Trading 212 web and mobile trading platform

Platform Compatibility (Windows, Mac, iOS, Android)

Yes

Account Types & Conditions

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

Saxo account, Joint account, Corporate account, Professional account

Invest, CFD, Stock ISA, and cash ISA

Demo Account (Yes/No)

Yes

Islamic Accounts (Yes/No)

Minimum Deposit

£1, €1, $1

Leverage Available

1:50-1:100

1:30

Trade Limit (maximum per trade)

Depends on the assets class

Commission (per account type)

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

Beginners to experienced traders

Deposit & Withdrawal Options

Deposit Methods

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

Bank transfer, Instant bank transfer, Card payments, Online banking PL, Carte Bleue, Blik, Direct e-banking, e-wallets

Withdrawal Methods

Telegraphic Transfer, MEPS

Bank transfer, Instant bank transfer, Card payments, Online banking PL, Carte Bleue, Blik, Direct e-banking, e-wallets

Other E-Wallets Supported

Apple Pay, Google Pay, PayPal, iDEAL

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 Academy, Market News and Analysis, Webinars, Video Tutorial, Trading Guides and eBooks

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

FX fees- 0.5%

Spread (typical, fixed, variable)

Variable

Per Lot Fees

Options Contract Fees

$0.75

Futures Contract Fees

Markup Fees on Spread

Guaranteed Stop Loss Fees

Maximum Leverage

1:1000

1:30

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%

0.70%

Currency Conversion Fee

0.15%

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

pre-market session from 04:00 - 09:30 ET, regular trading from 09:30 - 16:00 ET, after-hours session from 16:00 - 20:00 ET

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

Live chat, E-mail- [email protected] Phone- +447385762101

Support Languages

24+

18+

Additional Information

Headquarters Location

Copenhagen, Denmark

Aldermary House, 10-15 Queen Street, London, EC4N 1TX.

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.

If minimizing trading costs is your top priority, Saxo Bank might be more attractive due to its lower commissions. Meanwhile, Trading 212 justifies its moderate fees with more robust tools and professional-grade features.

If speed and simplicity matter to you, Saxo Bank delivers a streamlined account setup. In contrast, Trading 212 includes more documentation and KYC checks, which can delay access but ensures strong compliance.

Traders who value simplicity and execution speed may prefer Saxo Bank platform. Meanwhile, Trading 212 offers more flexibility through tools like advanced order types and multi-screen support.

Saxo Bank is geared toward frequent trading and analytics, while Trading 212 fits those who value simplicity and guided experiences.

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