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 |
Comparing commissions and fees, both Saxo and Capital.com earn 5 out of 5 stars from ForexBrokers.com, but Capital.com ranks higher (#3 of 63) than Saxo (#8 of 63) for this category. Capital.com’s typical spreads are lower on key forex pairs, while Saxo can be a strong value for high-volume traders or clients with larger balances.
Saxo is commission-free for forex, earning its revenue from the spread; however, traders who do less than 50,000 units per month pay a $3-per-side ticket fee. As of November 2023, average EUR/USD spreads were 1.1 pips on the Classic account, 1.0 on Platinum, and 0.9 on VIP, with minimums about 0.2 pips lower. The Classic account has a $0 minimum deposit, Platinum requires $200,000 (or an upgrade via loyalty points, such as trading $40 million in forex to earn a 12‑month upgrade), and VIP requires $1,000,000 deposited or an upgrade after roughly $167 million in forex volume. Saxo also waives custody fees for share trading if you opt into securities lending.
Capital.com lists a dynamic EUR/USD spread of about 0.67 pips, which matched its April 2024 average (0.6712), coming in slightly better than the industry average. It offers a single retail account and a professional account for eligible clients (note that professional status reduces certain regulatory protections). If your priority is consistently low forex spreads with simple account setup, Capital.com has the edge; if you trade large size or maintain higher balances, Saxo’s tiered pricing can become very competitive.
| Feature |
Saxo
|
Capital.com
|
|---|---|---|
| Minimum Deposit | $0 | $20 |
| Average spread (EUR/USD) - Standard account | 1.0 | 0.64 |
| All-in Cost EUR/USD - Active | 0.8 | 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.
Comparing Saxo vs Capital.com for range of investments, Saxo offers far wider market coverage with 71,000 tradeable symbols and 190 forex pairs, while Capital.com lists 5,585 symbols and 125 forex pairs. Both brokers support forex trading (available as CFDs or spot, depending on availability). Independent ratings reflect the difference: Saxo earns 5 stars and ranks #3 out of 63 brokers for Range of Investments on ForexBrokers.com, while Capital.com holds 4.5 stars and ranks #18.
When it comes to asset types, Saxo lets you buy exchange-traded securities on both U.S. and international stock exchanges, whereas Capital.com does not offer actual share dealing. Neither broker supports buying real cryptocurrency, but both provide cryptocurrency CFDs. Copy trading isn’t available at either broker. If you want the widest choice of markets, Saxo is the clear winner; Capital.com suits traders who are comfortable with a smaller, CFD-focused lineup.
| 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 vs Capital.com on platforms and tools: both brokers offer free demo (paper) accounts, their own in‑house platforms, a Windows desktop download, and a web-based platform. You can trade directly from charts on both. Neither offers copy trading. The key difference is MetaTrader support—Capital.com offers MetaTrader 4 (MT4), while Saxo does not; MetaTrader 5 (MT5) isn’t available at either broker.
For overall platform quality, ForexBrokers.com rates Saxo at 5 stars and ranks it #3 out of 63, while Capital.com earns 4.5 stars and ranks #10. The number of technical indicators and watchlist column options wasn’t specified, but both provide the main platform types plus a handy demo mode. Choose Capital.com if MT4 is a must-have, or lean toward Saxo if top-tier platform ratings are your priority.
| 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.
Comparing the mobile trading apps from Saxo and Capital.com, both brokers offer iPhone and Android apps and support price alerts. Each app lets you draw trendlines on charts and automatically saves your drawings. Key differences show up with watchlists and charting depth: Saxo syncs watchlists between the mobile app and your online account, while Capital.com does not. For technical studies, Saxo supplies 64 indicators versus Capital.com’s 30, giving Saxo an edge for traders who rely on more chart tools.
Independent ratings reflect this gap. According to ForexBrokers.com, Saxo’s mobile app earns 5 stars and ranks #3 out of 63 brokers, while Capital.com scores 4.5 stars and ranks #11. If synced watchlists and a wider range of indicators matter to you, Saxo is the stronger pick; if you’re comfortable with fewer indicators and no watchlist syncing, Capital.com still delivers a capable mobile trading experience.
| 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.
For beginners, both Saxo and Capital.com make it easy to start learning: each offers at least 10 beginner-friendly trading videos, plus plenty of advanced videos for when you’re ready to go deeper. A key difference is live learning. Saxo runs online educational client webinars at least once a month, giving you a chance to ask questions in real time, while Capital.com does not offer monthly webinars.
In independent evaluations, ForexBrokers.com rates Saxo’s education at 5 out of 5 stars and Capital.com at 4.5 out of 5 stars. Looking at the Education category ranking out of 63 brokers, Capital.com places #8 and Saxo ranks #12. If live sessions matter to you, Saxo stands out; if you want a broker with a strong category placement and a sizable video library for self-paced study, Capital.com is a solid pick.
| 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 #12.
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 |
|
|
| Trading Fees |
|
|
| Trading Platforms |
|
|
| 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 |
|
| |
| Trading Fees |
|
| |
| Range of Investments |
|
| |
| Trading Platforms |
|
| |
| 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
Pepperstone
FP Markets
Tickmill