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Title Saxo Capital Markets vs eToro | Broker Comparison

Best trading broker comparisons. We compared Saxo Capital Markets VS eToro to see what key differences we could find.

Our goal was to create a side by side comparison of the approved brokers on wecomparebrokers to give you an at-a-glance overview of their features, broker details and fees. Our broker reviews and comparisons done by us testing accounts with real money and from the traders view point. You can also use our broker finder to look for a broker specific to your requirements.

Below is a comparison between Saxo Capital Markets VS eToro.

In our testing, we used our trading accounts and ranked various points that we liked, did not like or were indifferent to. We tried to be objective and be fair minded when evaluating certain characteristics, based on what features the broker had to offer in compared with how competitive their fees are. Additionally, we have created our own unique rating system which use for judging all brokers in our side-by-side broker comparisons.

Basic Information

Year Founded

First broker:

UK since 2006

Second broker:

2007

Headquarters Location

First broker:

Denmark, UK subsidiary

Second broker:

Cyprus, Israel, UK

Publicly Traded (Entity or Parent)

First broker:

YES

Second broker:

YES

Regulated?

First broker:

YES

Second broker:

YES

Primary Regulator

First broker:

FCA

Second broker:

CySEC

Minimum Deposit

First broker:

$2000

Second broker:

$200

Fixed Spreads?

First broker:

NO

Second broker:

NO

Trading Type

First broker:

Dealing Desk, Mkt Mak, STP

Second broker:

Market Maker, NDD, STP

Commissions on Trades

First broker:

YES

Second broker:

YES

CFD Loss Rate

First broker:

72% loss rate on CFDs

Second broker:

76% loss rate on CFDs

Maximum Leverage

First broker:

1:30

Second broker:

1:30

Currency Pairs Offered

First broker:

182

Second broker:

47

General Average Rating - 3 scale

First broker:

1,95

Second broker:

1,68

Background

Value

Score

Value

Score

Year Founded

First broker:

UK since 2006

2,5

Second broker:

2007

3,0

Headquarters location + Offices

First broker:

Denmark, UK subsidiary

2,0

Second broker:

Cyprus, Israel, UK

2,0

Publicly traded?

First broker:

YES

3,0

Second broker:

Private

1,5

Size Measure

First broker:

Annual Revs > $100 million

3,0

Second broker:

Over 5 million accts

3,0

Summary Score

First broker:

2,63

Second broker:

2,38

Regulatory Compliance

Value

Score

Value

Score

Regulated or unregulated?

First broker:

YES

3,0

Second broker:

YES

3,0

Primary regulator

First broker:

FCA

3,0

Second broker:

CySEC

2,0

Multiple compliance

First broker:

ESMA

2,0

Second broker:

FCA, ASIC, ESMA

3,0

Safety of Deposits

First broker:

Very Secure

3,0

Second broker:

Offshore, No crypto protect

1,5

Summary Score

First broker:

2,75

Second broker:

2,38

Fees & Charges

Value

Score

Value

Score

Commissions, Fees & Charges

First broker:

Comm + spread on trades

1,0

Second broker:

Spreads can widen

1,5

General

First broker:

Confusing fee schedules

1,0

Second broker:

Overnight and weekend apply

1,5

Spreads

First broker:

Competitive

1,0

Second broker:

High on average

1,5

Summary Score

First broker:

1,50

Second broker:

1,33

Investment Products

Value

Score

Value

Score

Stocks - Breadth

First broker:

Expansive - 35,000 items

3,0

Second broker:

Medium

1,5

Forex - Breadth

First broker:

Major, minor, and exotic

3,0

Second broker:

47 pairs

2,5

Other: Comm, Crypto, Spread, CFD?

First broker:

No Spread Betting, No Crypto

1,5

Second broker:

Primary CFD, cryptos

2,0

Summary Score

First broker:

2,50

Second broker:

2,0

Platform experience

Value

Score

Value

Score

MT4 or equivalant

First broker:

Limited access thru API

1,5

Second broker:

None, only proprietary

1,0

Proprietary options

First broker:

Advanced proprietary platform

2,0

Second broker:

Single platform

1,5

Special Advanced?

First broker:

Mobile apps low security

1,5

Second broker:

No streaming news

1,0

Summary Score

First broker:

1,67

Second broker:

1,17

Special Features

Value

Score

Value

Score

Feature A

First broker:

Fee discounts at high levels

1,5

Second broker:

Heavy focus on social trading

2,5

Feature B

First broker:

High acct open fee, inactivity fees

1,5

Second broker:

No volume discounts

1,5

Feature C

First broker:

High-end institutional support

2,5

Second broker:

Loss protect only at high level

1,0

Summary Score

First broker:

1,83

Second broker:

1,67

Research Tools/Guidance

Value

Score

Value

Score

Financial Commentary

First broker:

Top line analyst commentary

2,5

Second broker:

Minimal

1,0

Technical Anlaysis

First broker:

Archive search needs work

2,5

Second broker:

Minimal

1,0

Other Guidance

First broker:

No social trading for small accts

1,0

Second broker:

Social Trading

2,5

Summary Score

First broker:

1,67

Second broker:

1,50

Education Support

Value

Score

Value

Score

Basic Library

First broker:

Not focused on small client

1,5

Second broker:

Basic Minimal

1,0

Webinars/Support

First broker:

Basic webinars

1,5

Second broker:

Some access

1,5

General

First broker:

72% loss rate on CFDs

1,5

Second broker:

76% loss rate on CFDs

1,5

Summary Score

First broker:

1,50

Second broker:

1,33

Customer Support

Value

Score

Value

Score

Live Chat, Web, Tele, Offices

First broker:

No live chat small accts

1,5

Second broker:

No Live Chat, ticket system

1,0

Responsiveness

First broker:

Better than Average

2,5

Second broker:

Average

1,5

FAQs? Quality?

First broker:

Support delays

1,5

Second broker:

Sufficient

2,0

Summary Score

First broker:

1,83

Second broker:

1,50

General Pros & Cons

Value

Score

Value

Score

Pro #1

First broker:

Advanced charting tools

2,0

Second broker:

Pioneer in social trading

2,5

Pro #2

First broker:

News and research integrated

2,5

Second broker:

Good charting tools

2,0

Pro #3

First broker:

Customizable Desktop

2,5

Second broker:

Broad crypto coverage

2,0

Con #1

First broker:

Lack of Security features

1,0

Second broker:

Poor education area

1,0

Con #2

First broker:

Focus on large clients

1,0

Second broker:

Poor cust service access

1,0

Con #3

First broker:

No Stop Loss guarantee

1,0

Second broker:

Designed for low skill traders

1,0

Summary Score

First broker:

1,67

Second broker:

1,58

General Average Rating - 3 scale

General Average Rating - 3 scale

First broker:

1,95

Second broker:

1,68

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