Eightcap vs Saxo
By Akash · Facts re-checked (UTC)
Here is how Eightcap and Saxo compare on regulation, costs and platforms. See the table for regulators, costs and platforms.
| Eightcap | Saxo | |
|---|---|---|
| Regulators | ASIC, FCA, CySEC, SCB | Danish FSA, FCA |
| Minimum deposit | $100 or equivalent | No minimum deposit (individual account) |
| Spreads from | 0.0 pips (Raw); 1.0 pips (Standard) | 1 pip EUR/USD minimum (global page; varies by country) |
| Commission | Raw: $3.50 per standard lot per side (£2.25 GBP, €2.75 EUR); Standard: none on forex | USD 3 fixed commission on FX trades under 50,000 units |
| Platforms | MetaTrader 4, MetaTrader 5, TradingView, TradeLocker | SaxoTraderGO, SaxoTraderPRO, SaxoInvestor, TradingView |
| Retail accounts losing money | – | 66% |
Full reviews: Eightcap review · Saxo review
Frequently asked questions
What is the minimum deposit at Eightcap and Saxo?
Eightcap: $100 or equivalent. Saxo: No minimum deposit (individual account).
Are Eightcap and Saxo regulated?
Eightcap: ASIC, FCA, CySEC, SCB. Saxo: Danish FSA, FCA.
Which has tighter spreads, Eightcap or Saxo?
Published spreads start from 0.0 pips (Raw); 1.0 pips (Standard) at Eightcap and 1 pip EUR/USD minimum (global page; varies by country) at Saxo; commission: Eightcap Raw: $3.50 per standard lot per side (£2.25 GBP, €2.75 EUR); Standard: none on forex, Saxo USD 3 fixed commission on FX trades under 50,000 units.
Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you can afford to take the high risk of losing your money. Read more