Compare Saxo Bank Vs Juno Markets: Which is the Better Forex Broker in 2024?
Saxo Bank Vs Juno Markets, 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 Saxo Bank Vs Juno Markets, here is the direct comparison:
Feature | Saxo Bank | Juno Markets |
General Rating |
1.00/5 |
1.00/5 |
|
Score | 50 | 51 | |
Trustpilot |
3.7/5 5565 users |
4.6/5 340 users |
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💼 Regulation | |||
❗Info | |||
⌛ Established | 1992 | 2014 | |
💲 Min Deposit | $2000 | $100 | |
⚖ Max Leverage | 1:200 | 1:500 | |
🔢 Spread | Fixed | Fixed | |
💸 Commissions | $4 | ||
💡 Min Position | 0.05 lot | 0.01 lot |
💳 Payment | Wire transfer and Credit/debit cards | Skrill, Wire transfer, Credit/debit cards, Neteller, UnionPay, AliPay, FasaPay, Crypto, Ethereum, Tether (USDT) and USD Coin (USDC) | |
🏢 Office(s) |
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🧩 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 |
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🗣 Website Languages | Arabic, Czech, Danish, German, Greek, English, Finnish, French, Hungarian, Italian, Hebrew, Dutch, Norwegian, Polish, Romanian, Russian, Slovenian, Chinese | English, Indonesian, Vietnamese, Chinese, Malay |
🚪 Trade Now | Open Saxo Bank | Open Juno Markets |
Testimonials
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Saxo Bank: Customer service simply does not exist. Forget them. They have...
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Saxo Bank: started the online application process but midway through i checked...
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Saxo Bank: They seriously need to learn how to communicate to new...
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Saxo Bank: After 2 years of being there as a trader and...
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Saxo Bank: Saxo says no withdrawal fee, but actually withdrawal has a...
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Saxo Bank: Customer service simply does not exist. Forget them. They have...
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Saxo Bank: started the online application process but midway through i checked...
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Saxo Bank: They seriously need to learn how to communicate to new...
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Saxo Bank: After 2 years of being there as a trader and...
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Saxo Bank: Saxo says no withdrawal fee, but actually withdrawal has a...
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Juno Markets: Very easy and and straightforward trading platform and broker compare...
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Juno Markets: The staffs are very patient in guiding you in using...
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Juno Markets: Even though I am a beginner I am very happy...
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Juno Markets: Juno Markets a good broker, a very fast deposit process...
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Juno Markets: Juno Market is one of the best broker. Very simple...
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Saxo Bank: Customer service simply does not exist. Forget them. They have...
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See More Saxo Bank Testimonials
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See More Juno Markets Testimonials
News
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Saxo Bank Wins Prime of Prime Award at FX Markets Asia Awards 2024
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Charlie White-Thomson Steps Down as UK CEO of Saxo Bank Forex Broker
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Saxo Bank Sees 23% Drop in FX Volume for January
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Saxo Bank Implements Fee Reductions, Slashing Costs for Clients
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Saxo Bank Forex Broker Concludes 2023 with Impressive Trading Volumes
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Saxo Bank Forex Broker Unveils Saxo Options Talk Podcast
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Saxo Bank Hires Head of Go-to-Market for MENA, UK, and Switzerland
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Saxo Bank Selling Stakes to Geely Group
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Saxo Bank Japan Relocates to Izumi Garden Tower
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Saxo Bank Client Assets Soar to Over USD100 Billion
Bonus
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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, Saxo Bank provides their pricing with Fixed spread while Juno Markets offers Fixed spread.
Saxo Bank vs Juno Markets: 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, Saxo Bank enables trading with SaxoTraderPRO (Limited with 20 days), SaxoWebTrader (Limited with 20 days), SaxoTraderGO (Limited with 20 days). The offer is supported with One-click trading, Trailing stop, Pending orders. In comparison, Juno Markets provides trading with MetaTrader 4 with the support of One-click trading, Trailing stop, Pending orders.
Is Saxo Bank or Juno Markets 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, Saxo Bank supports trading with Forex, Gold & silver, CFD, Spread betting, Crypto, while Juno Markets presents the ability of trading with Forex, Gold & silver, CFD, Stocks, 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.
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