Saxo vs Admirals 2025
In this head to head comparison of Saxo vs Admirals, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
In this head to head comparison of Saxo vs Admirals, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 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.
When comparing Saxo and Admirals, several factors can inform potential users about the trustworthiness and history of these online brokers. Saxo, established in 1992, holds a strong position with a Trust Score rating of 99, making it highly trusted according to ForexBrokers.com. As a bank, Saxo boasts 7 Tier-1 licenses and 1 Tier-2 license, indicators of its secure and reliable standing in the financial industry. While not publicly traded, Saxo's long history and regulatory accolades underscore its credibility.
Admirals, founded in 2001, also scores well with a ForexBrokers.com Trust Score of 93. Though not a bank, Admirals maintains 4 Tier-1 and 3 Tier-2 licenses, reflecting its commitment to trust and transparency. Like Saxo, Admirals is not listed on any stock exchanges, yet its regulatory compliance illustrates its dedication to safeguarding client interests. Overall, both brokers hold substantial trust ratings, offering secure platforms for trading, each with its unique strengths in regulatory compliance.
Feature |
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Year Founded | 1992 | 2001 |
Publicly Traded (Listed) | No | No |
Bank | Yes | No |
Tier-1 Licenses | 7 | 4 |
Tier-2 Licenses | 1 | 3 |
Tier-3 Licenses | 0 | 0 |
Tier-4 Licenses | 0 | 1 |
When comparing online brokers Saxo and Admirals, both offer competitive commissions and fees, but they cater to different trading profiles. Saxo is particularly appealing for active and high-volume traders who can maintain large account balances. With average spreads on EUR/USD ranging from 0.9 to 1.1 pips across its Classic, Platinum, and VIP accounts, Saxo's Platinum and VIP prices align with the industry average, while the Classic account is slightly above. Saxo also provides a commission-free structure for forex trading, except for accounts transacting fewer than 50,000 units monthly. Notably, Saxo waives custody fees for share traders participating in securities lending.
Saxo offers three distinct account tiers catering to various investor requirements. The Classic account requires no minimum deposit, making it accessible for new traders, whereas the Platinum account demands a $200,000 deposit, with an option for upgrading through loyalty points. The VIP account mandates a $1,000,000 deposit or a high trading volume for direct access to exclusive benefits. Saxo's tiered account structure reflects its prestigious ranking, earning it a 5-star rating for commissions and fees and placing it at #9 out of 62 brokers on ForexBrokers.com.
In contrast, Admirals presents a simpler pricing model, with typical spreads starting at 0.8 pips for its Trade and Zero account types. Admirals earns a 4.5-star rating for its competitive pricing and ranks #17 among 62 brokers in the Commissions and Fees category. This makes Admirals a potentially more straightforward choice for traders seeking competitive pricing without the tiered complexity of Saxoโs offerings.
Feature |
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Minimum Deposit | $0 | $100 |
Average Spread EUR/USD - Standard | 1.1 | 0.8 |
All-in Cost EUR/USD - Active | 0.9 | 0.8 |
Active Trader or VIP Discounts | Yes | Yes |
ACH or SEPA Transfers | No | Yes |
PayPal (Deposit/Withdraw) | No | Yes |
Skrill (Deposit/Withdraw) | No | Yes |
Visa/Mastercard (Credit/Debit) | Yes | Yes |
Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When considering the array of investment opportunities at Saxo and Admirals, Saxo clearly stands out with a staggering 70,000 tradeable symbols, in contrast to Admirals' offering of 8,702. Both platforms provide the ability to trade forex, either as CFDs or spot contracts. However, Saxo gives investors access to 190 forex pairs, while Admirals offers 82. Both brokers allow clients to invest in exchange-traded securities on U.S. and international exchanges, ensuring that you can easily purchase globally recognized stocks such as Apple and Vodafone.
For those interested in cryptocurrency derivatives, both Saxo and Admirals provide the opportunity, though neither offers the purchase of actual cryptocurrencies. Additionally, both brokers support copy trading, appealing to investors who prefer following seasoned traders. Based on ratings, Saxo receives an impressive 5 stars compared to Admirals' 4.5 stars, and Saxo is ranked at #3 in the Range of Investments category by ForexBrokers.com, while Admirals is positioned at #19, making Saxo the preferred choice for those seeking diverse investment options.
Feature |
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Forex Trading (Spot or CFDs) | Yes | Yes |
Tradeable Symbols (Total) | 70000 | 8702 |
Forex Pairs (Total) | 190 | 82 |
U.S. Stock Trading (Non CFD) | Yes | Yes |
Int'l Stock Trading (Non CFD) | Yes | Yes |
Social Trading / Copy Trading | Yes | Yes |
Cryptocurrency (Physical) | No | No |
Cryptocurrency (Derivative) | Yes | Yes |
Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
Dive deeper: Best Copy Trading Platforms.
When comparing Saxo and Admirals for their trading platforms and tools, both brokers stand out for offering a comprehensive suite of features. They each provide free virtual demo accounts, making it easy for new traders to practice without risk. Saxo and Admirals have their proprietary platforms available for Windows desktop and web-based trading, and both support copy trading. However, Admirals edges ahead with MetaTrader 4 and MetaTrader 5 support, platforms that numerous traders are accustomed to using, whereas Saxo does not offer MT4 or MT5. Despite this, Saxo impressively leads with its platform tools by providing 60 columns for watch lists, compared to Admirals' seven.
In terms of charting tools, Saxo might offer fewer options than Admirals, which boasts 106 drawing tools, yet both allow direct trading from stock charts. Saxo's excellence in trading platforms and tools is reflected in its top ranking and five stars from ForexBrokers.com, outstripping Admirals, which holds a 20th place rank with four stars. These distinctions highlight the tailored and high-caliber trading experiences that these platforms strive to offer. Both brokers maintain a strong reputation; however, Saxo shines with its broader array of trading features and tools.
Feature |
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Virtual Trading (Demo) | Yes | Yes |
Proprietary Platform | Yes | Yes |
Desktop Platform (Windows) | Yes | Yes |
Web Platform | Yes | Yes |
Social Trading / Copy Trading | Yes | Yes |
MetaTrader 4 (MT4) | No | Yes |
MetaTrader 5 (MT5) | No | Yes |
DupliTrade | No | No |
ZuluTrade | No | No |
Charting - Indicators / Studies (Total) | 64 | 30 |
Charting - Drawing Tools (Total) | 20 | 106 |
Charting - Trade From Chart | Yes | Yes |
Watchlists - Total Fields | 60 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When it comes to mobile trading apps, both Saxo and Admirals accommodate iPhone and Android users. They enable users to receive stock or forex price alerts, draw trendlines, and view various timeframes like daily, weekly, or intraday on charts. They also support creating watchlists with real-time quotes that enhance the trading experience. However, a key difference is seen in the syncing functionality. Saxo's app offers seamless watchlist syncing across devices, meaning changes made on the mobile app can reflect on the online account, while Admirals lacks this feature.
For those interested in charting capabilities, Saxo's mobile app provides 64 technical studies, more than double Admiralsโ 30. Both apps also auto-save chart drawings, helping traders maintain their analyses without manual updates. When considering overall user satisfaction, ratings differ, with Saxo securing a top-tier 5-star rating for its mobile trading experience, while Admirals is rated at 4 stars. In the broader competitive space, Saxo is recognized more favorably in the Mobile Trading Apps category, ranking 2nd out of 62 brokers, whereas Admirals holds the 28th position according to ForexBrokers.com.
Feature |
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Android App | Yes | Yes |
Apple iOS App | Yes | Yes |
Mobile Alerts - Basic Fields | Yes | Yes |
Watchlist Syncing | Yes | No |
Mobile Charting - Indicators / Studies | 64 | 30 |
Mobile Charting - Draw Trendlines | Yes | Yes |
Mobile Charting - Multiple Time Frames | Yes | Yes |
Mobile Charting - Drawings Autosave | Yes | Yes |
Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When comparing Saxo and Admirals for market research, both brokers excel in offering daily market commentary and forex news from top-tier sources like Bloomberg and Reuters. Saxo shines with its inclusion of Autochartist tools, known for facilitating technical and fundamental analysis. On the other hand, Admirals differentiates itself by featuring Trading Central's technical analytics, making it a valuable ally for those relying on these specific services. Both platforms offer sentiment-based trading tools to help gauge market trends and have comprehensive economic calendars to keep clients informed about significant global events.
Additional features unique to Admirals include market research from TipRanks and tools from Acuity Trading, further broadening its resource offerings. Despite these additions, Saxo leads in market research accolades, boasting a perfect 5-star rating and securing the top ranking for research among 62 brokers on ForexBrokers.com. Admirals, while commendable with a 4-star rating, ranks 15th in the same category, suggesting Saxo may be the preferred choice for those prioritizing extensive research capabilities.
Feature |
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Daily Market Commentary | Yes | Yes |
Forex News (Top-Tier Sources) | Yes | Yes |
Autochartist | Yes | No |
Trading Central (Recognia) | No | Yes |
Social Sentiment - Currency Pairs | Yes | Yes |
TipRanks | No | Yes |
Signal Centre (Acuity Trading) | No | Yes |
Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
For beginners diving into the world of trading, both Saxo and Admirals provide comprehensive educational resources designed to ease the learning process. Each broker offers a minimum of ten educational pieces focused on forex and CFDs, available as articles, videos, and archived webinars. Those keen on attending live sessions can access monthly webinars from both Saxo and Admirals, coupled with searchable archives of past webinars for convenient, on-demand learning.
Both brokers excel in catering to various levels of trading expertise, including over ten videos specifically aimed at beginners. As traders advance, they can also benefit from advanced video content. For those looking to expand their trading vocabulary, Saxo and Admirals both offer a dictionary with definitions for at least fifty investing terms. While Saxo enjoys a perfect five-star education rating, Admirals follows closely with four stars. In the ForexBrokers.com rankings, Admirals slightly edges out Saxo, securing the 12th spot compared to Saxo's 13th among 62 brokers in the education category.
Feature |
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|
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Education (Forex or CFDs) | Yes | Yes |
Client Webinars | Yes | Yes |
Client Webinars (Archived) | Yes | Yes |
Videos - Beginner Trading Videos | Yes | Yes |
Videos - Advanced Trading Videos | Yes | Yes |
Investor Dictionary (Glossary) | Yes | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 62 of the best forex brokers, our research and account testing finds that Saxo is better than Admirals. Saxo finished with an overall rank of #3, while Admirals finished with an overall rank of #18.
Saxo is an exclusive multi-asset broker with brilliant research and a superb trading platform experience โ as well as a stunning selection of over 40,000 securities.
Feature |
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Overall Rating |
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Trust Score | 99 | 93 |
Range of Investments |
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Commissions & Fees |
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Platform & Tools |
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Research |
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Mobile Trading |
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Education |
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Both Saxo and Admirals provide the option to invest in cryptocurrency derivatives, though neither offers the purchase of actual, delivered cryptocurrency.
When comparing online brokers, Admirals surpasses Saxo with more diverse deposit and withdrawal options, including ACH and SEPA transfers, PayPal, and Skrill, while both offer Visa or Mastercard and bank wire transactions.
Please note:
We review each brokerโs overall global offering โ a โYesโ checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.
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0 of 5Overall Rating | Saxo | Admirals | |
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Research |
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Trust Score | 99 | 93 | |
Winner | check_circle | ||
Review | Saxo Review | Admirals Review |
Broker Screenshots | Saxo | Admirals | |
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Trading Platforms Gallery (click to expand) | |||
Mobile Trading Gallery (click to expand) | |||
Research Gallery (click to expand) | |||
Education Gallery (click to expand) |
Regulation | Saxo | Admirals | |
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Trust Score | 99 | 93 | |
Year Founded | 1992 | 2001 | |
Publicly Traded (Listed) | No | No | |
Bank | Yes | No | |
Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
Tier-1 Licenses | 7 | 4 | |
Tier-2 Licenses | 1 | 3 | |
Tier-3 Licenses | 0 | 0 | |
Tier-4 Licenses | 0 | 1 |
Tier-1 Licenses (Highly Trusted) | Saxo | Admirals | |
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Australia (ASIC Authorised) | Yes | Yes | |
Canada (CIRO Authorised) | No | Yes | |
Hong Kong (SFC Authorised) | Yes | No | |
Japan (SFC Authorised) | Yes | No | |
Singapore (MAS Authorised) | Yes | No | |
Switzerland (FINMA Authorised) | Yes | No | |
United Kingdom (U.K.) (FCA Authorised) | Yes | Yes | |
USA (CFTC Authorized) | No | No | |
New Zealand (FMA Authorised) | No | No | |
Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes |
Tier-2 Licenses (Trusted) | Saxo | Admirals | |
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Kenya (CMA Authorised) | No | Yes | |
Israel (ISA Authorised) | No | No | |
South Africa (FSCA Authorised) | No | No | |
UAE (DFSA/Central Bank Authorised) | Yes | No | |
India (SEBI Authorised) | No | No | |
Jordan (JSC Authorised) | No | Yes |
Investments | Saxo | Admirals | |
---|---|---|---|
Forex Trading (Spot or CFDs) | Yes | Yes | |
Tradeable Symbols (Total) | 70000 | 8702 | |
Forex Pairs (Total) | 190 | 82 | |
U.S. Stock Trading (Non CFD) | Yes | Yes | |
Int'l Stock Trading (Non CFD) | Yes | Yes | |
Social Trading / Copy Trading | Yes | Yes | |
Cryptocurrency (Physical) | No | No | |
Cryptocurrency (Derivative) | Yes | Yes | |
Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
Cost | Saxo | Admirals | |
---|---|---|---|
Average Spread EUR/USD - Standard | 1.1 | 0.8 | |
All-in Cost EUR/USD - Active | 0.9 | 0.8 | |
Active Trader or VIP Discounts | Yes | Yes | |
Inactivity Fee | Yes | Yes | |
Execution: Agency Broker | Yes | Yes | |
Execution: Market Maker | Yes | Yes |
Funding | Saxo | Admirals | |
---|---|---|---|
Minimum Deposit | $0 | $100 | |
PayPal (Deposit/Withdraw) | No | Yes | |
Skrill (Deposit/Withdraw) | No | Yes | |
Visa/Mastercard (Credit/Debit) | Yes | Yes | |
Bank Wire (Deposit/Withdraw) | Yes | Yes | |
ACH or SEPA Transfers | No | Yes |
Trading Platforms | Saxo | Admirals | |
---|---|---|---|
Proprietary Platform | Yes | Yes | |
Desktop Platform (Windows) | Yes | Yes | |
Web Platform | Yes | Yes | |
Social Trading / Copy Trading | Yes | Yes | |
MetaTrader 4 (MT4) | No | Yes | |
MetaTrader 5 (MT5) | No | Yes | |
cTrader | No | No | |
DupliTrade | No | No | |
ZuluTrade | No | No |
Trading Tools | Saxo | Admirals | |
---|---|---|---|
Virtual Trading (Demo) | Yes | Yes | |
Alerts - Basic Fields | Yes | Yes | |
Watchlists - Total Fields | 60 | 7 | |
Charting - Indicators / Studies (Total) | 64 | 30 | |
Charting - Drawing Tools (Total) | 20 | 106 | |
Charting - Trade From Chart | Yes | Yes | |
Charts can be saved | Yes | Yes |
Mobile Trading | Saxo | Admirals | |
---|---|---|---|
Android App | Yes | Yes | |
Apple iOS App | Yes | Yes | |
Mobile Alerts - Basic Fields | Yes | Yes | |
Mobile Watchlist | Yes | Yes | |
Watchlist Syncing | Yes | No | |
Mobile Charting - Indicators / Studies | 64 | 30 | |
Mobile Charting - Draw Trendlines | Yes | Yes | |
Mobile Charting - Multiple Time Frames | Yes | Yes | |
Mobile Charting - Drawings Autosave | Yes | Yes | |
Mobile Economic Calendar | Yes | Yes |
Research | Saxo | Admirals | |
---|---|---|---|
Daily Market Commentary | Yes | Yes | |
Forex News (Top-Tier Sources) | Yes | Yes | |
Autochartist | Yes | No | |
Trading Central (Recognia) | No | Yes | |
TipRanks | No | Yes | |
Social Sentiment - Currency Pairs | Yes | Yes | |
Economic Calendar | Yes | Yes |
Education | Saxo | Admirals | |
---|---|---|---|
Education (Forex or CFDs) | Yes | Yes | |
Client Webinars | Yes | Yes | |
Client Webinars (Archived) | Yes | Yes | |
Videos - Beginner Trading Videos | Yes | Yes | |
Videos - Advanced Trading Videos | Yes | Yes | |
Investor Dictionary (Glossary) | Yes | Yes |
Major Forex Pairs | Saxo | Admirals | |
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GBP/USD | Yes | Yes | |
USD/JPY | Yes | Yes | |
EUR/USD | Yes | Yes | |
USD/CHF | Yes | Yes | |
USD/CAD | Yes | Yes | |
NZD/USD | Yes | Yes | |
AUD/USD | Yes | Yes | |
Review | Saxo Review | Admirals Review |
Overall | Saxo | Admirals | |
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Overall Rating |
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Commissions & Fees |
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Range of Investments |
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Platform & Tools |
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Mobile Trading |
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Research |
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Education |
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Trust Score | 99 | 93 | |
Winner | check_circle | ||
Review | Saxo Review | Admirals Review |