Saxo Markets
Trading212
BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.
Overview
Saxo Markets was founded in 2012 and is headquartered in Denmark, while Trading212 was established in 2006 and is based in UK. Both brokers are regulated by Financial Conduct Authority (FCA), among other authorities. Saxo Markets serves 10,000+ clients worldwide; Trading212 has 1,500,000+. The minimum deposit is $6500 at Saxo Markets and $1 at Trading212.
| Feature | Saxo Markets | Trading212 |
|---|---|---|
| Min. Deposit | $6500 | $1 |
| Regulation | Financial Conduct Authority (FCA) | Financial Conduct Authority (FCA), Financial Supervision Commission (FSC) |
| Founded | 2012 | 2006 |
| Country | Denmark | UK |
| Clients | 10,000+ | 1,500,000+ |
Fees
Fees are a critical factor when choosing between Saxo Markets and Trading212, directly affecting your bottom line as a trader. Trading212 has a lower barrier to entry with a minimum deposit of $1 (vs $6500 at Saxo Markets). Saxo Markets charges withdrawal fees while Trading212 does not, a notable advantage for frequent withdrawers. Saxo Markets applies inactivity fees on dormant accounts; Trading212 does not. Overall, Trading212 scores higher on fees in our assessment.
| Feature | Saxo Markets | Trading212 |
|---|---|---|
| Min. Deposit | $6500 | $1 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
Saxo Markets offers MT4, MT5, cTrader, while Trading212 supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Both brokers support copy or social trading, catering to less hands-on investors. The two brokers are closely matched on platform offering.
| Feature | Saxo Markets | Trading212 |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, Web Trader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Saxo Markets and Trading212 compare. Both provide video tutorials. Both integrate third-party research tools. The two brokers are evenly matched on educational content.
| Feature | Saxo Markets | Trading212 |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | No | No |
| Weekly Webinars | No | No |
| Daily Commentary | No | No |
| Trading Central | No | No |
| Autochartist | Yes | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Saxo Markets accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while Trading212 supports 4 (bank transfer, credit/debit card, PayPal, Skrill). Trading212 uniquely supports PayPal and Skrill among the two brokers. Trading212 scores higher on deposit and withdrawal flexibility.
| Feature | Saxo Markets | Trading212 |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | Yes |
| Skrill | No | Yes |
| Neteller | No | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Saxo Markets and Trading212 offer live chat support. Saxo Markets offers phone support; Trading212 does not. Email support is available at both brokers. Saxo Markets supports 2 languages and Trading212 supports 13, giving Trading212 broader global reach. Saxo Markets scores higher overall on customer support in our assessment.
| Feature | Saxo Markets | Trading212 |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | No |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, German, Netherlands, Spanish, French, Italian, Polish, Serbian, Norwegian, Swedish, Czech, Romanian, Turkish |