Equiti vs Saxo Bank
Side-by-side comparison of regulation, trading costs, platforms, and account types for Equiti and Saxo Bank.
Multi-region broker headquartered in London with strong regulatory presence in Jordan, Cyprus and the UAE. STP execution model and zero minimum on the Standard account, with raw spreads from 0.0 pips for active traders.
Established Danish investment bank offering one of the broadest product ranges in retail trading: forex, CFDs, stocks, ETFs, bonds, futures, and options across 50+ markets. Multi-regulated under FINMA, FCA, ASIC, MAS, JFSA. Premium platform (SaxoTraderGO/PRO) suits experienced and institutional traders. Important note: 2025 was a difficult regulatory year for Saxo - Danish FSA imposed an approximately USD 46M AML fine in January 2025 (white-label oversight 2021-2023), AMF France issued EUR 300,000 fine in July 2025, and Hong Kong SFC issued a USD 4M fine. In February 2025, Saxo agreed to sell 80.1% of Saxo Australia to DMA (Johannesburg fintech) - existing AU clients should verify their current entity. Saxo Bank itself remains operating across its other regulated entities.
Quick verdict
- Trust: Saxo Bank has the higher trust score.
- EUR/USD spread: Saxo Bank is tighter on EUR/USD.
Side-by-side comparison
| Feature | Equiti | Saxo Bank |
|---|---|---|
| Trust score | 8.1 | 9.4 |
| Regulators | FCA, CySEC, JSC, DFSA, FSA-Seychelles, SCA-UAE | DFSA, FCA, ASIC, MAS, JFSA, FINMA |
| Headquarters | London, United Kingdom | — |
| Founded | 2008 | — |
| Min deposit | $0.00 | $0.00 |
| Max leverage | 1:500 | 1:200 |
| EUR/USD spread | 0.60 pips | 0.40 pips |
| Commission per lot | $4 | $0.00 |
| Raw spread account | ||
| Standard account | ||
| Swap-free account | ||
| cTrader | ||
| MT4 | ||
| MT5 | ||
| TradingView | ||
| Scalping allowed | ||
| EAs / algo allowed | ||
| Hedging allowed | ||
| Copy trading | ||
| Deposit methods | Bank Wire, Credit/Debit Card, Skrill, Neteller | — |
| Withdrawal methods | Bank Wire, Credit/Debit Card, Skrill, Neteller | — |
| Withdrawal speed | 24h | — |
| Base currencies | USD, EUR, GBP | — |