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Pepperstone vs Saxo

By · Facts re-checked (UTC)

Here is how Pepperstone and Saxo compare on regulation, costs and platforms. See the table for regulators, costs and platforms.

PepperstoneSaxo
RegulatorsCySECDanish FSA, FCA
Minimum deposit–No minimum deposit (individual account)
Spreads fromfrom 0.0 pips (Razor, FX)1 pip EUR/USD minimum (global page; varies by country)
CommissionUSD 3.50 per lot per side (Razor, FX and spot gold)USD 3 fixed commission on FX trades under 50,000 units
PlatformsTradingView, MT5, Pepperstone platformSaxoTraderGO, SaxoTraderPRO, SaxoInvestor, TradingView
Retail accounts losing money–66%

Full reviews: Pepperstone review · Saxo review

Frequently asked questions

Are Pepperstone and Saxo regulated?

Pepperstone: CySEC. Saxo: Danish FSA, FCA.

Which has tighter spreads, Pepperstone or Saxo?

Published spreads start from from 0.0 pips (Razor, FX) at Pepperstone and 1 pip EUR/USD minimum (global page; varies by country) at Saxo; commission: Pepperstone USD 3.50 per lot per side (Razor, FX and spot gold), 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