Saxo vs Swissquote
By Akash · Facts re-checked (UTC)
Here is how Saxo and Swissquote compare on regulation, costs and platforms. See the table for regulators, costs and platforms.
| Saxo | Swissquote | |
|---|---|---|
| Regulators | Danish FSA, FCA | FCA |
| Minimum deposit | No minimum deposit (individual account) | USD 1,000 (Standard tier) |
| Spreads from | 1 pip EUR/USD minimum (global page; varies by country) | EUR/USD 1.7 pips (Standard), 1.4 (Premium), 1.1 (Prime, USD 50,000 minimum) |
| Commission | USD 3 fixed commission on FX trades under 50,000 units | – |
| Max leverage | – | 1:100 standard leverage (international site) |
| Platforms | SaxoTraderGO, SaxoTraderPRO, SaxoInvestor, TradingView | CFXD, TradingView, MetaTrader 4, MetaTrader 5 |
| Retail accounts losing money | 66% | – |
Full reviews: Saxo review · Swissquote review
Frequently asked questions
What is the minimum deposit at Saxo and Swissquote?
Saxo: No minimum deposit (individual account). Swissquote: USD 1,000 (Standard tier).
Are Saxo and Swissquote regulated?
Saxo: Danish FSA, FCA. Swissquote: FCA.
Which has tighter spreads, Saxo or Swissquote?
Published spreads start from 1 pip EUR/USD minimum (global page; varies by country) at Saxo and EUR/USD 1.7 pips (Standard), 1.4 (Premium), 1.1 (Prime, USD 50,000 minimum) at Swissquote; commission: Saxo USD 3 fixed commission on FX trades under 50,000 units, Swissquote none listed.
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