Compare HF Markets Vs Saxo Bank: Which is the Better Forex Broker in 2024?
HF Markets Vs Saxo Bank, which one is better? Both brokers are often compared to each other to find which one comes out to be the better one. What many traders may not comprehend is that the best choice may differ for every one of them, and there's nothing wrong with it. To make it easier for you to decide which one is the best between HF Markets Vs Saxo Bank, here is the direct comparison:
Feature | HF Markets | Saxo Bank |
General Rating |
2.78/5 |
1.00/5 |
|
Score | 72 | 50 | |
Trustpilot |
4.4/5 269 users |
3.7/5 5545 users |
|
💼 Regulation | |||
❗Info | |||
⌛ Established | 2010 | 1992 | |
💲 Min Deposit | $0 | $2000 | |
⚖ Max Leverage | 1:2000 | 1:200 | |
🔢 Spread | Variable | Fixed | |
💸 Commissions | |||
💡 Min Position | 0.01 lot | 0.05 lot |
💳 Payment | Crypto, Credit/debit cards, Ethereum, FasaPay, Litecoin, Neteller, Perfect Money, Ripple, Skrill, WebMoney and Wire transfer | Wire transfer and Credit/debit cards | |
🏢 Office(s) |
|
|
🧩 Demo Account | |||
📁 Segregated Account | |||
🕋 Islamic Account | |||
👨💻 PAMM Account | |||
📈 Managed Account | |||
LAMM Account | |||
MAM Account |
💱 Hedging | |||
🇺🇸 US traders | |||
📫 Requires sending documents via postal mail | |||
🕛 Swaps | |||
☎️ Trading by telephone |
🏆 Trading contests | |||
⚡ Automated trading | |||
💰 Bonus offers | |||
📖 Free education | |||
👔 Affiliate program |
1️⃣ One-click trading | |||
⏱ Trailing stop | |||
⏳ Pending orders |
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
🗣 Website Languages | Arabic, Bulgarian, Chinese, English, French, German, Greek, Hindi, Hungarian, Italian, Japanese, Korean, Malay, Persian, Polish, Portuguese, Romanian, Russian, Slovak, Spanish, Tagalog, Thai, Urdu, Vi | Arabic, Czech, Danish, German, Greek, English, Finnish, French, Hungarian, Italian, Hebrew, Dutch, Norwegian, Polish, Romanian, Russian, Slovenian, Chinese |
🚪 Trade Now | Open HF Markets | Open Saxo Bank |
Testimonials
-
HF Markets: Abundant choices
-
HF Markets: Abundant tools, help my trades a lot
-
HF Markets: Best withdrawal
-
HF Markets: Asking my refund
-
HF Markets: Trading signal avaliable!
-
HF Markets: Abundant choices
-
HF Markets: Abundant tools, help my trades a lot
-
HF Markets: Best withdrawal
-
HF Markets: Asking my refund
-
HF Markets: Trading signal avaliable!
-
Saxo Bank: Customer service simply does not exist. Forget them. They have...
-
Saxo Bank: started the online application process but midway through i checked...
-
Saxo Bank: They seriously need to learn how to communicate to new...
-
Saxo Bank: After 2 years of being there as a trader and...
-
Saxo Bank: Saxo says no withdrawal fee, but actually withdrawal has a...
-
HF Markets: Abundant choices
-
See More HF Markets Testimonials
-
See More Saxo Bank Testimonials
News
-
Saxo Bank Wins Prime of Prime Award at FX Markets Asia Awards 2024
-
Celebrate Ramadan with HF Markets: Win an Umrah Trip and More!
-
Charlie White-Thomson Steps Down as UK CEO of Saxo Bank Forex Broker
-
Saxo Bank Sees 23% Drop in FX Volume for January
-
Celebrate Lunar New Year with HF Markets Angpao Giveaway
-
Saxo Bank Implements Fee Reductions, Slashing Costs for Clients
-
Saxo Bank Forex Broker Concludes 2023 with Impressive Trading Volumes
-
Saxo Bank Forex Broker Unveils Saxo Options Talk Podcast
-
HF Markets Unveils Pro Account to Upgrade Copy Trading
-
Saxo Bank Hires Head of Go-to-Market for MENA, UK, and Switzerland
Articles
-
HF Markets Recap in 2023: A Performance Review
-
HF Markets Gives IDR17 Million for Indonesian Traders on Independence Day
-
Boost Your Account Up to 100% with HF Markets Top Up Bonus
-
Trade with HF Markets, Earn $30 No Deposit Bonus
-
Be a Top Trader and Win $1000 Every Month from HF Markets
-
Trade Forex Risk-Free with HF Markets $50 No Deposit Bonus
-
HF Markets Loyalty Program: Get Cash and Free VPS for Months
-
Advance Your Trades with HF Markets Credit Bonus
-
Get Rewarded 100 Percent with HF Markets Supercharged Bonus
-
Join HF Markets No Deposit Bonus to Enjoy USD35 Benefit
Bonus
Promotions
More Comparisons
- FXOpen vs easyMarkets
- Tickmill vs FXTM
- FBS vs MTrading
- Blueberry Markets vs IC Markets
- OANDA vs HF Markets
- XM vs eToro
- AvaTrade vs FP Markets
- Dukascopy vs JustMarkets
- Pepperstone vs Admirals
- Axi vs RoboForex
- InstaForex vs Vantage Markets
- ThinkMarkets vs Octa
- LiteFinance vs Interactive Brokers
- FirewoodFX vs Exness
- Comparison List
Which one has the better spread?
Considering that spread is a trading cost, the lower the spread, the better it is for traders. However, spread information among brokers is not easy to get, as not every broker transparently publishes their spreads data.
However, traders can still choose their ideal brokers by the type of their spreads. The most two popular types of spread are fixed and variable. The pros and cons between the two spreads can vary for every trader. In this case, HF Markets provides their pricing with Variable spread while Saxo Bank offers Fixed spread.
HF Markets vs Saxo Bank: Who hosts the best trading platform?
The trading platform is essential as you can't execute a trade without it. Additionally, trading platforms provide price charts and an assortment of analytical tools to help traders with their strategies.
To support their clients, HF Markets enables trading with MetaTrader 4 (Limited with 30 days), MetaTrader 5, Social trading. The offer is supported with One-click trading, Trailing stop, Pending orders. In comparison, Saxo Bank provides trading with SaxoTraderPRO (Limited with 20 days), SaxoWebTrader (Limited with 20 days), SaxoTraderGO (Limited with 20 days) with the support of One-click trading, Trailing stop, Pending orders.
Is HF Markets or Saxo Bank better in providing the trading instruments?
It is widely known that forex brokers offer other trading instruments other than currency pairs. The offer gives interesting choices for traders to explore other markets that may be proven beneficial for them and to diversify their trading portfolios.
In this case, HF Markets supports trading with Forex, Metals, Energies, CFD, Indices, Bonds, Commodities, ETF, Crypto, Physical Stock, Gold, Cryptocurrencies, Shares, while Saxo Bank presents the ability of trading with Forex, Gold & silver, CFD, Spread betting, Crypto.
In conclusion, deciding the better broker eventually comes down to your consideration. If you are an active trader, it is better to choose a broker with a variable spread that is generally lower than the fixed one. For the trading platform, MetaTrader 4 is the standard choice for every trader. But if you want to have a different experience with a more advanced platform, choose the broker that provides alternative platforms. The same goes for trading instruments; if you want to try delving into different markets, seek for a broker with more options on trading instruments.
Looking for more references? Here are other comparisons related to HF Markets and Saxo Bank:
- Compare HF Markets vs Array
- Compare HF Markets vs Array
- Compare HF Markets vs Array
- Compare Saxo Bank vs Array
- Compare Saxo Bank vs Array
- Compare Saxo Bank vs Array
For more comparisons, visit this page.