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 account | 1.1 | 0.67 |
| All-in Cost EUR/USD - Active | 0.9 | 0.67 |
| Non-wire bank transfer | No | No |
| PayPal (Deposit/Withdraw) | No | Yes |
| Skrill (Deposit/Withdraw) | No | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Saxo offers a far wider range of investments than Capital.com. Traders get access to 71,000 tradeable symbols at Saxo versus 5,585 at Capital.com, including 190 forex pairs at Saxo compared with 125 at Capital.com. Saxo also lets clients buy exchange-traded securities (not CFDs) on both U.S. and international exchanges, while Capital.com does not offer real shares on either. In independent assessments of range, Saxo scores 5 stars and ranks #3 out of 63 brokers, while Capital.com scores 4.5 stars and ranks #23.
Both brokers support forex trading as CFDs or spot, and both offer cryptocurrency as CFDs but not as actual delivered coins. Neither platform provides copy trading. If you want the broadest symbol count and the ability to purchase real stocks alongside CFDs and forex, Saxo stands out; if you’re focused on CFDs with a simpler lineup, Capital.com may suit your needs.
| Feature |
Saxo
|
Capital.com
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 71000 | 5585 |
| Forex Pairs (Total) | 190 | 125 |
| U.S. Stocks (Shares) | Yes | No |
| Global Stocks (Non-U.S. Shares) | Yes | No |
| Copy Trading | No | No |
| Cryptocurrency (Underlying) | No | No |
| Cryptocurrency (CFDs) | 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.
Saxo and Capital.com both offer free demo (paper trading) accounts so you can test the waters. Each broker has its own trading platform, available in a web browser and as a Windows desktop download, and both let you place orders directly from a chart. Copy trading isn’t available at either broker. For MetaTrader, Capital.com supports MT4 while Saxo does not; neither broker offers MT5. Both provide strong charting and customizable watchlists, though specific counts for indicators and watchlist columns aren’t listed here.
For trading platforms and tools, Saxo earns 5 stars and ranks #1 out of 63 brokers, while Capital.com earns 4.5 stars and ranks #10. If you want a top-rated in-house platform with a wide range of tools, Saxo is the pick. If MT4 access matters and you still want an easy web and desktop experience with a demo account, Capital.com is a solid alternative.
| Feature |
Saxo
|
Capital.com
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | No | No |
| MetaTrader 4 (MT4) | No | Yes |
| MetaTrader 5 (MT5) | No | No |
| Charting - Indicators / Studies (Total) | 61 | 97 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Saxo and Capital.com both offer full-featured mobile trading apps for iPhone and Android. Each app supports stock and forex price alerts, helping you stay on top of market moves. A key difference is watchlists: Saxo syncs your watchlist between the mobile app and your online account, so changes carry over automatically, while Capital.com does not sync watchlists across platforms.
For charting on the go, Saxo provides 64 technical studies compared with Capital.com’s 30. Both apps let you draw trendlines and automatically save your drawings. In independent ratings, Saxo earns 5 stars and ranks #2 out of 63 brokers for Mobile Trading Apps on ForexBrokers.com, while Capital.com scores 4.5 stars and ranks #11. Choose Saxo if synced watchlists and more charting tools matter most; choose Capital.com if you’re satisfied with solid charting and alerts without cross-platform watchlist sync.
| Feature |
Saxo
|
Capital.com
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 64 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | 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 (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | Yes | No |
| Trading Central | No | No |
| Client sentiment data | Yes | Yes |
| TipRanks | No | Yes |
| Acuity Trading | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
Comparing Saxo and Capital.com for beginner education, both brokers give newcomers a clear path to learn with at least 10 beginner videos and 10 advanced videos that cover key trading topics. This video depth helps you move from basics to more complex ideas at your own pace, with content that’s easy to follow for first-time traders exploring forex and CFDs.
Where they differ is live learning: Saxo runs educational webinars at least once a month, while Capital.com does not. In terms of expert reviews, Saxo earns a 5-star Education rating, and Capital.com scores 4.5 stars. However, Capital.com ranks higher in the Education category at #8 out of 63 brokers, compared with Saxo’s #13. Choose Saxo if live webinars matter to you; pick Capital.com if you prefer a broker with a stronger category ranking. Either way, both are solid options for beginners who learn best through videos.
| Feature |
Saxo
|
Capital.com
|
|---|---|---|
| Webinars | Yes | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | 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 |
|
|
| Trust Score | 99 | 87 |
| Range of Investments |
|
|
| Commissions & Fees |
|
|
| Platforms & Tools |
|
|
| Research |
|
|
| Mobile Trading |
|
|
| Education |
|
|
Online brokers Saxo and Capital.com do not let you buy actual (delivered) cryptocurrencies, but both provide access to cryptocurrency CFD trading.
Saxo and Capital.com both support bank wire transfers but not ACH or SEPA, while Capital.com additionally accepts PayPal and Skrill for deposits and withdrawals, which Saxo does not.
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.
Select Brokers
↓×Compare
0 of 5| Overall Rating | Saxo | Capital.com | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platforms & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 99 | 87 | |
| Winner | check_circle | ||
| Review | Saxo Review | Capital.com Review |
| Broker Screenshots | Saxo | Capital.com | |
|---|---|---|---|
| Broker Gallery (click to expand) |
|
IG
CMC Markets
FOREX.com
XTB
eToro
AvaTrade
Plus500
Pepperstone
FP Markets
Tickmill