Head-to-Head Comparison
eToro vs Saxo Bank
Complete side-by-side comparison based on verified data from official sources. See which broker offers better trading conditions for your needs.
eToro
FCA
Est. 2007
VS
Score
2:1
Saxo Bank
FSA
Est. 1992
Quick Summary
eToro (established 2007) and Saxo Bank (established 1992) are both regulated forex and CFD brokers. Saxo Bank offers tighter spreads starting from 0.4 pips, compared to eToro's 1 pips. Both brokers offer similar maximum leverage of 400:1. eToro has a lower minimum deposit requirement of $50.
Trading Conditions
Feature
eToro
Saxo Bank
Min. Spread
1 pips
0.4 pips
Min. Deposit
$50
$2000
Max Leverage
400:1
30:1
Execution
Market Maker
Market Maker
Instruments
3000+
71000+
Founded
2007
1992
Headquarters
Israel
Denmark
Regulation & Licensing
eToro
FCA(583263)
United Kingdom
CySEC(109/10)
Cyprus
ASIC(491139)
Australia
FSA(SD076)
Seychelles
Saxo Bank
FSA(1149)
Denmark
FCA(440751)
United Kingdom
ASIC(321946)
Australia
Platforms & Features
Feature
eToro
Saxo Bank
Platforms
eToro WebTrader, eToro Mobile App
SaxoTraderGO, SaxoTraderPRO
Copy Trading
VPS Hosting
Neg. Balance Protection
Islamic Account
Demo Account
Account Types
eToro
Retail Account
Spread: 1 pipsMin: $50Lev: 400:1
Professional Account
Spread: 1 pipsMin: $200Lev: 400:1
Saxo Bank
Classic
Spread: 0.6 pipsMin: $2000Lev: 30:1
Platinum
Spread: 0.4 pipsMin: $200000Lev: 30:1
Verdict: eToro vs Saxo Bank
Based on our verified data analysis, eToro has a slight edge in this comparison with a score of 2 vs 1.
Choose Saxo Bank if you prioritize the tightest possible spreads. Choose eToro for a lower entry barrier.
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Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.