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Plus500 vs Saxo

By · Facts re-checked (UTC)

Here is how Plus500 and Saxo compare on regulation, costs and platforms. See the table for regulators, costs and platforms.

Plus500Saxo
RegulatorsFCA, CySEC, ASICDanish FSA, FCA
Minimum deposit–No minimum deposit (individual account)
Spreads from–1 pip EUR/USD minimum (global page; varies by country)
Commission–USD 3 fixed commission on FX trades under 50,000 units
Max leverage1:30 on forex CFDs for retail clients–
PlatformsPlus500 WebTrader, Plus500 appSaxoTraderGO, SaxoTraderPRO, SaxoInvestor, TradingView
Retail accounts losing money–66%

Full reviews: Plus500 review · Saxo review

Frequently asked questions

Are Plus500 and Saxo regulated?

Plus500: FCA, CySEC, ASIC. Saxo: Danish FSA, FCA.

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