Saxo vs Trade Nation
By Akash · Facts re-checked (UTC)
Here is how Saxo and Trade Nation compare on regulation, costs and platforms. See the table for regulators, costs and platforms.
| Saxo | Trade Nation | |
|---|---|---|
| Regulators | Danish FSA, FCA | FCA |
| Minimum deposit | No minimum deposit (individual account) | No minimum (UK: £0.01 to £5 depending on payment method) |
| Spreads from | 1 pip EUR/USD minimum (global page; varies by country) | EUR/USD 0.3 (TN Trader/TradingView, fixed) |
| Commission | USD 3 fixed commission on FX trades under 50,000 units | No commission; spread only |
| Max leverage | – | 30:1 on major FX pairs (Trade Nation Financial UK Ltd, FCA) |
| Platforms | SaxoTraderGO, SaxoTraderPRO, SaxoInvestor, TradingView | TN Trader, TradingView, MetaTrader 4 |
| Retail accounts losing money | 66% | – |
Full reviews: Saxo review · Trade Nation review
Frequently asked questions
What is the minimum deposit at Saxo and Trade Nation?
Saxo: No minimum deposit (individual account). Trade Nation: No minimum (UK: £0.01 to £5 depending on payment method).
Are Saxo and Trade Nation regulated?
Saxo: Danish FSA, FCA. Trade Nation: FCA.
Which has tighter spreads, Saxo or Trade Nation?
Published spreads start from 1 pip EUR/USD minimum (global page; varies by country) at Saxo and EUR/USD 0.3 (TN Trader/TradingView, fixed) at Trade Nation; commission: Saxo USD 3 fixed commission on FX trades under 50,000 units, Trade Nation No commission; spread only.
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