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Saxo vs Admirals 2025

ForexBrokers.com

Written by ForexBrokers.com

February 05, 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.

Saxo
5/5 Stars Overall
  • Minimum Deposit: $0
  • Trust Score: 99
  • Tradeable Symbols (Total): 70000
Admirals
4.5/5 Stars Overall
  • Minimum Deposit: $100
  • Trust Score: 93
  • Tradeable Symbols (Total): 8702

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.

Regulation

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 Saxo logoSaxo
Admirals logoAdmirals
Year Founded info 1992 2001
Publicly Traded (Listed) info No No
Bank info Yes No
Tier-1 Licenses info 7 4
Tier-2 Licenses info 1 3
Tier-3 Licenses info 0 0
Tier-4 Licenses info 0 1

Fees

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 Saxoโ€™s offerings.

Feature Saxo logoSaxo
Admirals logoAdmirals
Minimum Deposit info $0 $100
Average Spread EUR/USD - Standard info 1.1 info 0.8 info
All-in Cost EUR/USD - Active info 0.9 info 0.8 info
Active Trader or VIP Discounts info Yes Yes
ACH or SEPA Transfers info No Yes
PayPal (Deposit/Withdraw) info No Yes
Skrill (Deposit/Withdraw) info No Yes
Visa/Mastercard (Credit/Debit) info Yes Yes
Bank Wire (Deposit/Withdraw) info Yes Yes

Dive deeper: Best Low Spread Forex Brokers.

Featured Offers


Range of investments

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 Saxo logoSaxo
Admirals logoAdmirals
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 70000 8702
Forex Pairs (Total) info 190 82
U.S. Stock Trading (Non CFD) info Yes Yes
Int'l Stock Trading (Non CFD) info Yes Yes
Social Trading / Copy Trading info Yes Yes
Cryptocurrency (Physical) info No No
Cryptocurrency (Derivative) info 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.

Trading platforms and tools

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 Saxo logoSaxo
Admirals logoAdmirals
Virtual Trading (Demo) info Yes Yes
Proprietary Platform info Yes Yes
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Social Trading / Copy Trading info Yes Yes
MetaTrader 4 (MT4) info No Yes
MetaTrader 5 (MT5) info No Yes
DupliTrade info No No
ZuluTrade info No No
Charting - Indicators / Studies (Total) info 64 30
Charting - Drawing Tools (Total) info 20 106
Charting - Trade From Chart info Yes Yes
Watchlists - Total Fields info 60 7
View More

Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.

Forex trading apps

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 Saxo logoSaxo
Admirals logoAdmirals
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Alerts - Basic Fields info Yes Yes
Watchlist Syncing info Yes No
Mobile Charting - Indicators / Studies info 64 30
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Multiple Time Frames info Yes Yes
Mobile Charting - Drawings Autosave info Yes Yes
Mobile Watchlist info Yes Yes

Dive deeper: Best Forex Trading Apps.

Market research

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 Saxo logoSaxo
Admirals logoAdmirals
Daily Market Commentary info Yes Yes
Forex News (Top-Tier Sources) info Yes Yes
Autochartist info Yes No
Trading Central (Recognia) info No Yes
Social Sentiment - Currency Pairs info Yes Yes
TipRanks info No Yes
Signal Centre (Acuity Trading) info No Yes
Economic Calendar info Yes Yes

Dive deeper: Best Brokers for Forex Research.

Beginners and education

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 Saxo logoSaxo
Admirals logoAdmirals
Education (Forex or CFDs) info Yes Yes
Client Webinars info Yes Yes
Client Webinars (Archived) info Yes Yes
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info Yes Yes
Investor Dictionary (Glossary) info Yes Yes

Dive deeper: Best Forex Brokers for Beginners.

Winner

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 Saxo logoSaxo
Admirals logoAdmirals
Overall Rating info 5/5 Stars 4.5/5 Stars
Trust Score info 99 93
Range of Investments 5/5 Stars 4.5/5 Stars
Commissions & Fees 5/5 Stars 4.5/5 Stars
Platform & Tools 5/5 Stars 4/5 Stars
Research 5/5 Stars 4/5 Stars
Mobile Trading 5/5 Stars 4/5 Stars
Education 4/5 Stars 4.5/5 Stars

FAQs

Can you trade cryptocurrency with Saxo or Admirals?

Both Saxo and Admirals provide the option to invest in cryptocurrency derivatives, though neither offers the purchase of actual, delivered cryptocurrency.

What funding options does each broker offer?

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.




announcementPlease note:

We review each brokerโ€™s overall global offering โ€“ a โ€œYesโ€ 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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Compare

0 of 5
Overall Rating Saxo Admirals
Overall Rating info 5/5 Stars 4.5/5 Stars
Commissions & Fees 5/5 Stars 4.5/5 Stars
Range of Investments 5/5 Stars 4.5/5 Stars
Platform & Tools 5/5 Stars 4/5 Stars
Mobile Trading 5/5 Stars 4/5 Stars
Research 5/5 Stars 4/5 Stars
Education 4/5 Stars 4.5/5 Stars
Trust Score info 99 93
Winner check_circle
Review Saxo Review Admirals Review
Broker Screenshots Saxo Admirals
Trading Platforms Gallery (click to expand) info
Mobile Trading Gallery (click to expand) info
Research Gallery (click to expand) info
Education Gallery (click to expand) info
Regulation Saxo Admirals
Trust Score info 99 93
Year Founded info 1992 2001
Publicly Traded (Listed) info No No
Bank info Yes No
Regulated in one or more EU or EEA countries (MiFID). info Yes info Yes info
Tier-1 Licenses info 7 4
Tier-2 Licenses info 1 3
Tier-3 Licenses info 0 0
Tier-4 Licenses info 0 1
Tier-1 Licenses (Highly Trusted) Saxo Admirals
Australia (ASIC Authorised) info Yes Yes
Canada (CIRO Authorised) info No Yes
Hong Kong (SFC Authorised) info Yes No
Japan (SFC Authorised) info Yes No
Singapore (MAS Authorised) info Yes No
Switzerland (FINMA Authorised) info Yes No
United Kingdom (U.K.) (FCA Authorised) info Yes Yes
USA (CFTC Authorized) info No No
New Zealand (FMA Authorised) info No No
Regulated in one or more EU or EEA countries (MiFID). info Yes info Yes info
Tier-2 Licenses (Trusted) Saxo Admirals
Kenya (CMA Authorised) info No Yes
Israel (ISA Authorised) info No No
South Africa (FSCA Authorised) info No No
UAE (DFSA/Central Bank Authorised) info Yes info No
India (SEBI Authorised) info No No
Jordan (JSC Authorised) info No Yes
Investments Saxo Admirals
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 70000 8702
Forex Pairs (Total) info 190 82
U.S. Stock Trading (Non CFD) info Yes Yes
Int'l Stock Trading (Non CFD) info Yes Yes
Social Trading / Copy Trading info Yes Yes
Cryptocurrency (Physical) info No No
Cryptocurrency (Derivative) info 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 info 1.1 info 0.8 info
All-in Cost EUR/USD - Active info 0.9 info 0.8 info
Active Trader or VIP Discounts info Yes Yes
Inactivity Fee info Yes Yes
Execution: Agency Broker info Yes Yes
Execution: Market Maker info Yes Yes
Funding Saxo Admirals
Minimum Deposit info $0 $100
PayPal (Deposit/Withdraw) info No Yes
Skrill (Deposit/Withdraw) info No Yes
Visa/Mastercard (Credit/Debit) info Yes Yes
Bank Wire (Deposit/Withdraw) info Yes Yes
ACH or SEPA Transfers info No Yes
Trading Platforms Saxo Admirals
Proprietary Platform info Yes Yes
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Social Trading / Copy Trading info Yes Yes
MetaTrader 4 (MT4) info No Yes
MetaTrader 5 (MT5) info No Yes
cTrader info No No
DupliTrade info No No
ZuluTrade info No No
Trading Tools Saxo Admirals
Virtual Trading (Demo) info Yes Yes
Alerts - Basic Fields info Yes Yes
Watchlists - Total Fields info 60 7
Charting - Indicators / Studies (Total) info 64 30
Charting - Drawing Tools (Total) info 20 106
Charting - Trade From Chart info Yes Yes
Charts can be saved info Yes Yes
Mobile Trading Saxo Admirals
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Alerts - Basic Fields info Yes Yes
Mobile Watchlist info Yes Yes
Watchlist Syncing info Yes No
Mobile Charting - Indicators / Studies info 64 30
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Multiple Time Frames info Yes Yes
Mobile Charting - Drawings Autosave info Yes Yes
Mobile Economic Calendar info Yes Yes
Research Saxo Admirals
Daily Market Commentary info Yes Yes
Forex News (Top-Tier Sources) info Yes Yes
Autochartist info Yes No
Trading Central (Recognia) info No Yes
TipRanks info No Yes
Social Sentiment - Currency Pairs info Yes Yes
Economic Calendar info Yes Yes
Education Saxo Admirals
Education (Forex or CFDs) info Yes Yes
Client Webinars info Yes Yes
Client Webinars (Archived) info Yes Yes
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info Yes Yes
Investor Dictionary (Glossary) info Yes Yes
Major Forex Pairs Saxo Admirals
GBP/USD info Yes Yes
USD/JPY info Yes Yes
EUR/USD info Yes Yes
USD/CHF info Yes Yes
USD/CAD info Yes Yes
NZD/USD info Yes Yes
AUD/USD info Yes Yes
Review Saxo Review Admirals Review
Overall Saxo Admirals
Overall Rating info 5/5 Stars 4.5/5 Stars
Commissions & Fees 5/5 Stars 4.5/5 Stars
Range of Investments 5/5 Stars 4.5/5 Stars
Platform & Tools 5/5 Stars 4/5 Stars
Mobile Trading 5/5 Stars 4/5 Stars
Research 5/5 Stars 4/5 Stars
Education 4/5 Stars 4.5/5 Stars
Trust Score info 99 93
Winner check_circle
Review Saxo Review Admirals Review
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