When comparing premium trading platforms in 2025, Saxo Bank and FOREX.com both emerge as elite options. They cater to serious retail and professional traders alike — offering deep market access, robust platforms, and global regulatory coverage.
But which one delivers better value for your trading needs? In this detailed review, we’ll evaluate Saxo Bank vs FOREX.com across 10+ factors — including regulation, spreads, platforms, tools, and account features — to help you choose the better broker.
Broker Review Contents
🛡 Regulation & Trust
Saxo Bank:
- Regulated by:
- FSA (Denmark)
- FCA (UK)
- ASIC (Australia)
- MAS (Singapore)
- FINMA (Switzerland)
- A fully licensed investment bank
- Founded in 1992, HQ in Copenhagen
- Unmatched institutional credibility
FOREX.com:
- Regulated by:
- CFTC/NFA (USA)
- FCA (UK)
- ASIC (Australia)
- CySEC (Europe)
- Owned by StoneX, a U.S. publicly listed financial firm
👉 Winner: Saxo Bank
Both brokers are top-tier regulated, but Saxo’s status as a licensed bank gives it a stronger institutional edge.
🌍 Tradable Instruments
| Asset Class | Saxo Bank | FOREX.com |
|---|---|---|
| Forex | ✅ Yes | ✅ Yes |
| Stocks (real) | ✅ Yes | ❌ No (CFDs only) |
| Stock CFDs | ✅ Yes | ✅ Yes |
| ETFs (real & CFDs) | ✅ Yes | ❌ No |
| Bonds | ✅ Yes | ✅ Yes |
| Futures/Options | ✅ Yes | ❌ No |
| Cryptocurrencies | ✅ Yes (ETNs) | ✅ Yes (CFDs) |
| Commodities | ✅ Yes | ✅ Yes |
👉 Winner: Saxo Bank
Offers access to real stocks, ETFs, futures, and options — more than just CFDs.
💰 Spreads & Trading Costs
| Instrument | Saxo Avg Spread | FOREX.com Avg |
|---|---|---|
| EUR/USD | 0.6 pips | 1.0 pips |
| Gold | 0.3 | 0.15 |
| S&P 500 | 0.5 | 0.6 |
| Bitcoin | 90 | 90 |
- Saxo offers lower FX spreads for larger accounts
- FOREX.com is better for gold traders
👉 Winner: Tie
Saxo wins for FX on VIP tiers; FOREX.com wins for precious metals.
👥 Account Types & Minimum Deposits
| Feature | Saxo Bank | FOREX.com |
|---|---|---|
| Standard Account | ✅ Yes | ✅ Yes |
| VIP/Platinum Tiers | ✅ Yes | ✅ Yes |
| Commission Account | ✅ Yes | ✅ Yes |
| Islamic Account | ❌ No | ✅ Yes |
| Minimum Deposit | €2,000–10,000 | $100 |
👉 Winner: FOREX.com
Much more accessible for beginners — Saxo requires high deposits.
💻 Trading Platforms
| Platform | Saxo Bank | FOREX.com |
|---|---|---|
| MetaTrader 4 | ❌ No | ✅ Yes |
| MetaTrader 5 | ❌ No | ✅ Yes |
| Proprietary Platform | ✅ SaxoTraderGO/Pro | ✅ Web & App |
| Advanced Tools | ✅ Yes (Screener, Heatmaps) | ✅ Yes (Calendars, Charts) |
👉 Winner: FOREX.com
Includes MT4 and MT5, making it more versatile for algo and retail traders.
⚙️ Execution Technology
- Saxo Bank: Bank-grade pricing, deep liquidity, and tiered pricing models
- FOREX.com: Offers DMA execution, high-frequency order matching, and fast fills
👉 Winner: Tie
Saxo is best for professional/wealth clients; FOREX.com better suits retail algo and MT5 users.
💳 Deposit & Withdrawal Methods
| Method | Saxo Bank | FOREX.com |
|---|---|---|
| Bank Transfer | ✅ Yes | ✅ Yes |
| Credit/Debit | ✅ Yes | ✅ Yes |
| PayPal | ❌ No | ✅ Yes |
| Skrill/Neteller | ❌ No | ❌ No |
👉 Winner: FOREX.com
Better deposit flexibility for most retail users.
🧠 Trading Tools & Research
| Tool/Feature | Saxo Bank | FOREX.com |
|---|---|---|
| Stock Screeners | ✅ Yes | ❌ No |
| Heatmaps & Analytics | ✅ Yes | ✅ Basic |
| Trading Central Integration | ✅ Yes | ✅ Yes |
| AI Insights | ✅ Yes | ❌ No |
| Educational Library | ✅ Yes | ✅ Yes |
👉 Winner: Saxo Bank
More advanced tools for multi-asset analysis, wealth planning, and market scanning.
📊 Scorecard Summary
| Category | Saxo Bank | FOREX.com |
|---|---|---|
| Regulation | 10/10 | 9/10 |
| Instruments | 10/10 | 8/10 |
| Spreads & Pricing | 8/10 | 8/10 |
| Accounts & Minimums | 5/10 | 9/10 |
| Platforms | 7/10 | 9/10 |
| Execution Quality | 9/10 | 9/10 |
| Deposits/Withdrawals | 6/10 | 8/10 |
| Trading Tools | 10/10 | 7/10 |
| Total Score | 65/80 | 67/80 |
🏁Saxo Bank or FOREX.com?
- Choose Saxo Bank if you’re a high-net-worth trader, professional investor, or want access to real shares, ETFs, futures, and wealth tools.
- Choose FOREX.com if you’re a retail trader, scalper, or MT5 user who values low-cost access, tight spreads, and platform versatility.
