Written by ForexBrokers.com
In this head to head comparison of Saxo vs Capital.com, 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.
Comparing Saxo to Capital.com, both online brokers offer varying levels of trust and regulation. Saxo, established in 1992, is a bank and holds a perfect Trust Score of 99 from ForexBrokers.com. This high Trust Score is backed by its possession of seven Tier-1 licenses, which indicate the highest level of credibility. In addition, Saxo holds one Tier-2 license, further enhancing its trustworthiness, although it is not publicly traded.
Capital.com, founded in 2016, holds a Trust Score of 87, indicating that it is regarded as a trusted entity. Unlike Saxo, Capital.com is not a bank, but it does maintain three Tier-1 licenses, demonstrating a solid level of trust, along with one Tier-2 license. While both brokers are private entities and not listed on any stock exchange, Saxo's longer history and higher number of top-tier licenses position it as a more established choice compared to the newer Capital.com.
| Feature |
Saxo
|
Capital.com
|
|---|---|---|
| Year Founded | 1992 | 2016 |
| Publicly Traded (Listed) | No | No |
| Bank | Yes | No |
| Tier-1 Licenses | 7 | 3 |
| Tier-2 Licenses | 1 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 0 | 2 |
When comparing Saxo and Capital.com regarding commissions and fees, both brokers offer competitive pricing, although in different ways. Saxo provides a tiered account structure with Classic, Platinum, and VIP accounts. The Classic account structured around a slightly higher average spread of 1.1 pips for EUR/USD pairs, whereas the Platinum and VIP accounts offer more competitive rates of 1.0 and 0.9 pips respectively. Notably, Saxo recently eliminated the minimum deposit requirement for their entry-level Classic account, making it more accessible. In contrast, Capital.com offers a single universal account with a consistently low average spread of 0.67 pips for EUR/USD, positioning it as a cost-effective option for traders.
Saxo shines for active traders and high rollers, providing notable benefits for those who maintain larger account balances or high trading volumes. The Saxo VIP account, in particular, is exclusive to high-net-worth clients or those who meet specific volume criteria, boasting premier pricing advantages, exclusive event access, and insights from Saxo analysts. Despite the exclusivity, Saxo maintains a commission-free model for most forex trades, with only a nominal ticket fee applied to low-volume traders. Similarly, Capital.com also operates commission-free, generating revenue through the spread, appealing to traders seeking lower trading costs without hindering on regulatory protection differences between retail and professional clients.
Both brokers boast a perfect score of five stars for commissions and fees, though they rank differently by ForexBrokers.com, with Saxo positioned at #9 and Capital.com at a higher rank of #3 out of 63 brokers. This ranking suggests that while Saxo excels in providing a premium service for the high-end market, Capital.com appears to offer better cost-effectiveness and flexibility for the average retail trader. Traders need to consider these factors alongside personal trading needs when choosing between these two renowned brokers.
| Feature |
Saxo
|
Capital.com
|
|---|---|---|
| Minimum Deposit | $0 | $10 |
| Average Spread EUR/USD - Standard | 1.1 | 0.67 |
| All-in Cost EUR/USD - Active | 0.9 | 0.67 |
| Active Trader or VIP Discounts | Yes | Yes |
| ACH or SEPA Transfers | No | No |
| 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 comparing Saxo and Capital.com in terms of their investment options, Saxo offers a considerably greater variety. Saxo provides its clients with access to 70,000 tradeable symbols, significantly more than Capital.com's 5,585. Both platforms cater to forex traders with CFDs, yet Saxo offers a wider selection of 190 tradeable forex pairs compared to Capital.com's 125. For those looking to invest in exchange-traded securities directly on U.S. or international exchanges, Saxo has the advantage, allowing clients to buy stocks like Apple or Vodafone. In contrast, Capital.com does not facilitate this type of direct investment.
Regarding other investment features, Saxo supports copy trading, a service not available on Capital.com. Both platforms, however, provide options for trading cryptocurrency derivatives without offering the actual cryptocurrencies themselves. In terms of recognition, Saxo's comprehensive range earned it a 5-star rating for investment options and a #3 ranking by ForexBrokers.com, whereas Capital.com received a slightly lower 4.5-star rating and is ranked #21. With these attributes, Saxo proves the superior choice for investors seeking diverse opportunities.
| Feature |
Saxo
|
Capital.com
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 70000 | 5585 |
| Forex Pairs (Total) | 190 | 125 |
| U.S. Stock Trading (Non CFD) | Yes | No |
| Int'l Stock Trading (Non CFD) | Yes | No |
| Social Trading / Copy Trading | Yes | No |
| 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 the online trading platforms and tools between Saxo and Capital.com, both brokers provide a seamless trading experience with their proprietary platforms that are accessible across multiple devices. Saxo and Capital.com each offer simulated trading through free demo accounts, ensuring traders can practice strategies without financial risk. Both brokers also support desktop downloads for Windows and web-based platforms for trading directly through a browser. However, a significant distinction is that Saxo supports copy trading, which allows traders to mirror the trades of experienced investors, whereas Capital.com does not provide this feature. On the other hand, Capital.com offers the popular MetaTrader 4 platform, which Saxo does not.
Both brokers allow trading directly from stock charts, but there are notable differences in their charting tools. Saxo delivers 20 drawing tools for charting, while Capital.com offers an impressive 60, facilitating a more detailed analysis. When it comes to watch lists, Saxo significantly outpaces Capital.com, providing up to 60 columns/fields compared to Capital.com's 11. Saxo holds a rating of 5 stars for its trading platforms and tools, leading the pack at #1 among 63 brokers according to ForexBrokers.com. In contrast, Capital.com, rated at 4.5 stars, is ranked #10, highlighting its competence yet not quite surpassing Saxo’s platform sophistication and toolset variety.
| Feature |
Saxo
|
Capital.com
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | No |
| MetaTrader 4 (MT4) | No | Yes |
| MetaTrader 5 (MT5) | No | No |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 64 | 97 |
| Charting - Drawing Tools (Total) | 20 | 60 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 60 | 11 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When comparing the mobile trading apps of Saxo and Capital.com, both brokers offer apps for both iPhone and Android devices, allowing traders to manage their investments on the go with ease. They both provide stock and forex price alerts, ensuring that users stay informed about market movements. While both platforms support creating watchlists with real-time quotes, only Saxo offers syncing of watchlist symbols between the mobile app and the online account, enabling a seamless experience across devices.
In terms of charting features, Saxo leads the way with 64 technical studies available, compared to Capital.com's 30 studies. Both apps allow users to draw trendlines, view multiple time frames, and auto-save chart drawings. However, with a higher rating of 5 stars and being ranked #2 by ForexBrokers.com out of 63 brokers for mobile trading apps, Saxo stands out as a preferred choice. Capital.com is slightly behind, with 4.5 stars and a ranking of #11, but still offers a competitive option for mobile trading.
| Feature |
Saxo
|
Capital.com
|
|---|---|---|
| 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 the market research offerings of Saxo and Capital.com, both online brokers deliver daily market commentary and access to forex news from leading sources such as Bloomberg and Reuters. They also provide sentiment-based trading tools that reflect the ratio of long and short positions across different markets, along with comprehensive economic calendars that track global news events. However, Saxo stands out by offering tools from Autochartist for technical or fundamental analysis, a feature not available with Capital.com.
On the other hand, Capital.com provides market research services via TipRanks, which Saxo does not. Despite this, Saxo receives a higher research rating of 5 stars, compared to Capital.com's 4.5 stars, reflecting its overall edge in the category. According to ForexBrokers.com, Saxo takes the top spot among 63 brokers for research, while Capital.com is ranked 14th, showcasing how Saxo maintains a leading position with its research offerings.
| Feature |
Saxo
|
Capital.com
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | Yes | No |
| Trading Central (Recognia) | No | No |
| Social Sentiment - Currency Pairs | Yes | Yes |
| TipRanks | No | Yes |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When it comes to educational resources for beginner traders, both Saxo and Capital.com have a lot to offer, but they do have some differences. Saxo provides a wide range of forex and CFD educational materials, including articles, videos, and archived webinars. They facilitate learning with regular online educational webinars held at least once a month, and they also maintain a searchable archive of these webinars, allowing users to revisit past sessions easily. Saxo's selection includes over ten beginner-oriented video tutorials, alongside advanced content for more experienced traders. Additionally, Saxo helps new traders with an investor dictionary boasting more than 50 investing terms, paving the way for an informed trading journey.
Capital.com, on the other hand, also offers extensive educational content with a similar variety of articles and videos covering both beginner and advanced topics. While they don’t conduct monthly live webinars, they do provide a searchable archive of recorded sessions, ensuring that users can still benefit from past educational materials. Capital.com's investor dictionary matches Saxo’s in terms of the breadth of definitions, equipped with over 50 essential investing terms. Rated slightly below Saxo, Capital.com is recognized with a 4.5-star rating for educational resources, yet it ranks slightly higher than Saxo in the ForexBrokers.com education category, placing at #8 out of 63 brokers. Both platforms present strong options for those eager to learn the ins and outs of forex and CFD trading, though Saxo edges out with live webinar offerings.
| Feature |
Saxo
|
Capital.com
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | Yes | No |
| 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 63 of the best forex brokers, our research and account testing finds that Saxo is better than Capital.com. Saxo finished with an overall rank of #3, while Capital.com finished with an overall rank of #10.
Saxo is an exclusive multi-asset broker with brilliant research and a superb trading platform experience – as well as a stunning selection of over 40,000 securities.
| Feature |
Saxo
|
Capital.com
|
|---|---|---|
| Overall Rating |
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| Trust Score | 99 | 87 |
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Both Saxo and Capital.com do not offer the ability to buy actual cryptocurrency, but they do provide the option to trade cryptocurrency derivatives.
When comparing online brokers, Saxo and Capital.com both support Visa, Mastercard, and bank wire transfers for deposits and withdrawals, but unlike Saxo, Capital.com additionally offers PayPal and Skrill options for added flexibility.
Please note:
We review each broker’s overall global offering – a “Yes” 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 5| Overall Rating | Saxo | Capital.com | |
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| Trust Score | 99 | 87 | |
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| Review | Saxo Review | Capital.com Review |
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| Regulation | Saxo | Capital.com | |
|---|---|---|---|
| Trust Score | 99 | 87 | |
| Year Founded | 1992 | 2016 | |
| Publicly Traded (Listed) | No | No | |
| Bank | Yes | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 7 | 3 | |
| Tier-2 Licenses | 1 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 0 | 2 |
| Tier-1 Licenses (Highly Trusted) | Saxo | Capital.com | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | Yes | |
| Canada (CIRO Authorised) | No | No | |
| 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 | Capital.com | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| 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 | No |
| Investments | Saxo | Capital.com | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 70000 | 5585 | |
| Forex Pairs (Total) | 190 | 125 | |
| U.S. Stock Trading (Non CFD) | Yes | No | |
| Int'l Stock Trading (Non CFD) | Yes | No | |
| Social Trading / Copy Trading | Yes | No | |
| 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 | Capital.com | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.1 | 0.67 | |
| All-in Cost EUR/USD - Active | 0.9 | 0.67 | |
| Active Trader or VIP Discounts | Yes | Yes | |
| Inactivity Fee | Yes | Yes | |
| Execution: Agency Broker | Yes | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | Saxo | Capital.com | |
|---|---|---|---|
| Minimum Deposit | $0 | $10 | |
| 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 | No |
| Trading Platforms | Saxo | Capital.com | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | No | |
| MetaTrader 4 (MT4) | No | Yes | |
| MetaTrader 5 (MT5) | No | No | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | Saxo | Capital.com | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 60 | 11 | |
| Charting - Indicators / Studies (Total) | 64 | 97 | |
| Charting - Drawing Tools (Total) | 20 | 60 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Saxo | Capital.com | |
|---|---|---|---|
| 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 | Capital.com | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | Yes | No | |
| Trading Central (Recognia) | No | No | |
| TipRanks | No | Yes | |
| Social Sentiment - Currency Pairs | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | Saxo | Capital.com | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | Yes | No | |
| 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 | Capital.com | |
|---|---|---|---|
| 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 | Capital.com Review |
| Overall | Saxo | Capital.com | |
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| Trust Score | 99 | 87 | |
| Winner | check_circle | ||
| Review | Saxo Review | Capital.com Review |
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