Saxo Bank vs Trading 212
Side-by-side comparison of regulation, trading costs, platforms, and account types for Saxo Bank and Trading 212.
Saxo BankTrust 9.4/10
DFSA
FCA
ASIC
MAS
Danish investment bank, premium broker for serious traders. SaxoTraderGO and SaxoTraderPRO platforms. Access to 70,000+ instruments across forex, stocks, bonds, options.
Trading 212Trust 8.3/10
FCA
CySEC
BaFin
FSC-Bulgaria
UK-based commission-free broker offering Stocks, ISA, and CFD products through a clean proprietary app. One of the largest UK retail brokerages by client count, with interest paid on uninvested cash.
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 | Saxo Bank | Trading 212 |
|---|---|---|
| Trust score | 9.4 | 8.3 |
| Regulators | DFSA, FCA, ASIC, MAS, JFSA, FINMA | FCA, CySEC, BaFin, FSC-Bulgaria |
| Headquarters | — | United Kingdom |
| Founded | — | 2004 |
| Min deposit | $0.00 | $1 |
| Max leverage | 1:200 | 1:30 |
| EUR/USD spread | 0.40 pips | 1.20 pips |
| Commission per lot | $0.00 | $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, Apple Pay, Google Pay |
| Withdrawal methods | — | Bank Wire |
| Withdrawal speed | — | 24h |
| Base currencies | — | USD, EUR, GBP, PLN, CZK, CHF |
Saxo Bank is best for
Sophisticated traders
Multi-asset investors
High-net-worth clients
Trading 212 is best for
Beginners
Stock CFD traders
Swing traders