Compare Saxo Bank Vs Exness: Which is the Better Forex Broker in 2024?
Saxo Bank Vs Exness, 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 Exness, here is the direct comparison:
Compare | Saxo Bank | Exness |
General Rating |
1.00/5 |
3.81/5 |
Score | ||
Trustpilot |
3.7/5 5435 users |
4.5/5 5686 users |
πΌ Regulation | ||
β Info | ||
β Established | 1992 | 2008 |
π² Min Deposit | $2000 | $10 |
β Max Leverage | 1:200 | 1:2000 |
π’ Spread | Fixed | Variable |
πΈ Commissions | $3.50 | |
π‘ Min Position | 0.05 lot | 0.01 lot |
π³ Payment | Wire transfer and Credit/debit cards | WebMoney, Skrill, Wire transfer, Credit/debit cards, Neteller, Perfect Money, Crypto, Tether (USDT) and USD Coin (USDC) |
π’ Office(s) |
𧩠Demo Account | ||
π Segregated Account | ||
π Islamic Account | ||
π¨βπ» PAMM Account | ||
π Managed Account |
π± Hedging | ||
πΊπΈ US traders | ||
π Swaps |
π Trading contests | ||
β‘ Automated trading | ||
π° Bonus offers | ||
π Free education |
1οΈβ£ One-click trading | ||
β± Trailing stop | ||
β³ Pending orders |
Forex | ||
CFD | ||
Indexes | ||
Spread Betting | ||
Gold & Silver | ||
Crypto | ||
Stocks | ||
Oil | ||
Metals | ||
Energies | ||
Futures | ||
ETF | ||
Options | ||
Agriculture | ||
Indices | ||
Commodities | ||
Etf | ||
Bonds | ||
Stock | ||
Binary Options | ||
ETFs | ||
Corporate Stocks | ||
Shares | ||
EU Stocks | ||
Physical Stock | ||
Index |
π£ Website Languages | Arabic, Czech, Danish, German, Greek, English, Finnish, French, Hungarian, Italian, Hebrew, Dutch, Norwegian, Polish, Romanian, Russian, Slovenian, Chinese | Arabic, Bengali/Bangla, German, English, Spanish, French, Hindi, Indonesian, Italian, Japanese, Korean, Portuguese, Russian, Thai, Urdu, Vietnamese, Chinese |
πͺ Trade Now | Open Saxo Bank | Open Exness |
Compare Again
Testimonials
-
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...
-
Exness: need a little more improvement
-
Exness: Recommended!
-
Exness: Good but Customer Service is conserning
-
Exness: Thrilled
-
Exness: Dissapointing results
-
See More Saxo Bank Testimonials
-
See More Exness Testimonials
News
-
Exness Earns Accolades as a Top Workplace Worldwide in 2024
-
Charlie White-Thomson Steps Down as UK CEO of Saxo Bank Forex Broker
-
Exness Achieves Record Monthly Volumes of $3.86 Trillion in January
-
Saxo Bank Sees 23% Drop in FX Volume for January
-
Damian Bunce Steps Down as Chief Customer Officer at Exness
-
Exness Forex Broker Claims "Most Trusted" Title in MEA at iFX EXPO Dubai
-
Exness Records $3.6 Trillion in December Trading Volume
-
Saxo Bank Implements Fee Reductions, Slashing Costs for Clients
-
Exness Forex Broker Marks 15 Years with a Brand Revolution
-
See More Related Saxo Bank News
-
See More Related Exness News
Article
-
How to Protect Your Exness Account from Frauds
-
Exclusive Interview with Damian Bunce on the Success and Vision of Exness
-
Exness Tick History Report: a Beginner's Guide
-
Share and Make Money with Exness Social Trading
-
Comparing Exness Vs XM Trading App
-
Is Exness Standard Account Better than FP Markets?
-
What is Exness Cost Saving Feature?
-
Cut Your Trading Costs 50 Percent with Exness Dollar Rewards
-
Achieve Elite Status through Exness Premier Level
-
See More Related Saxo Bank Article
-
See More Related Exness Article
More Comparisons
- Exness vs FBS
- IC Markets vs Octa
- RoboForex vs XM
- HF Markets vs Pepperstone
- Admirals vs AvaTrade
- ThinkMarkets vs LiteFinance
- eToro vs FXOpen
- InstaForex vs FP Markets
- FXTM vs Forex4You
- FirewoodFX vs Vantage Markets
- FIBOGroup vs BDSwiss
- JustMarkets vs Tickmill
- FxPro vs MTrading
- Grand Capital vs
- More Comparisson
- 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, Saxo Bank provides their pricing with Fixed spread while Exness offers Variable spread.
Saxo Bank vs Exness: 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, Exness provides trading with MetaTrader 4, MetaTrader 5, Social trading, Web with the support of One-click trading, Trailing stop, Pending orders.
Is Saxo Bank or Exness 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 Exness presents the ability of trading with Forex, Gold & silver, CFD, Oil, Stocks, Indexes, Metals, Energies, Crypto, Commodities.
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 Saxo Bank and Exness:
- Compare Saxo Bank vs ADSS
- Compare Saxo Bank vs MTrading
- Compare Saxo Bank vs Orbex
- Compare Exness vs FxPro
- Compare Exness vs AvaTrade
- Compare Exness vs easyMarkets
For more comparisons, visit this page.