Written by ForexBrokers.com
In this head to head comparison of Saxo vs Earn, 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 the online brokers Saxo and Earn, notable differences emerge in their regulatory standings and history. Established in 1992, Saxo benefits from its status as a bank and holds an impeccable reputation with a ForexBrokers.com Trust Score of 99, placing it in the highly trusted category. It possesses seven Tier-1 licenses, which highlights its extensive regulatory compliance. On the other hand, Earn, founded in 1994, operates as a non-bank and holds just one Tier-1 license, coupled with a Trust Score of 71, indicating an average risk profile.
Neither Saxo nor Earn are listed on stock exchanges; however, their regulatory frameworks differ significantly. Saxo’s standing as a bank with a portfolio of trusted licenses suggests stronger oversight and reliability. Meanwhile, Earn, with no Tier-2 licenses and only one trusted Tier-1 license, presents a different profile of trustworthiness. Investors seeking well-regulated brokers may note these distinctions when considering their options in the financial market.
| Feature |
Saxo
|
Earn
|
|---|---|---|
| Year Founded | 1992 | 1994 |
| Publicly Traded (Listed) | No | No |
| Bank | Yes | No |
| Tier-1 Licenses | 7 | 1 |
| Tier-2 Licenses | 1 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 0 | 0 |
Saxo offers competitive pricing for active and high-volume traders with varying account levels: Classic, Platinum, and VIP. The average spread for the EUR/USD is 1.1 pips for the Classic account, while the Platinum and VIP accounts offer tighter spreads at 1.0 and 0.9 pips, respectively. Saxo's pricing aligns closely with industry averages, except for the Classic account, where it is pricier. Notably, minimum spreads for these accounts are about 0.2 pips lower than the averages, providing some competitive edge. Saxo is commission-free for forex trading except for those trading less than 50,000 units monthly. Saxo rates five stars for commissions and fees and is ranked #9 out of 63 brokers.
Saxo's Classic account features no minimum deposit for new customers, making it accessible for entry-level traders. The Platinum account, suitable for serious investors, requires a minimum deposit of $200,000 and offers an opportunity to upgrade from Classic through Saxo's Loyalty Program. Platinum traders can enjoy more favorable trading terms and lower fees. Saxo’s VIP account, deemed exceptional for client experience, mandates a $1,000,000 deposit but promises substantial savings on pricing for elite investors. The VIP tier also grants entry to exclusive events and networking opportunities, with high-value traders potentially qualifying through elevated trading activity.
On the other hand, Earn's commission and fees structure lacks detailed average spread information. Despite this, Earn garners a respectable rating of four stars for its relative affordability. However, it ranks lower at #45 out of 63 brokers in the commission and fee category. This positions Saxo as a more attractive choice for traders prioritizing cost-effective transactions and comprehensive account benefits.
| Feature |
Saxo
|
Earn
|
|---|---|---|
| Minimum Deposit | $0 | $100 |
| Average Spread EUR/USD - Standard | 1.1 | N/A |
| All-in Cost EUR/USD - Active | 0.9 | N/A |
| Active Trader or VIP Discounts | Yes | Yes |
| ACH or SEPA Transfers | No | No |
| PayPal (Deposit/Withdraw) | No | No |
| 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 Earn for their range of investment options, Saxo offers a significantly broader selection, boasting 70,000 tradeable symbols compared to Earn's 500. Forex traders with Saxo can access an extensive array of 190 forex pairs, while Earn provides 61 forex pairs. Both brokers support forex trading through CFDs or spot contracts. However, Saxo stands out by allowing clients to trade exchange-traded securities (not CFDs) on both U.S. and international exchanges, empowering investors to purchase stocks like Apple and Vodafone directly. In contrast, Earn does not offer exchange-traded securities on U.S. or international exchanges.
In terms of cryptocurrency options, neither Saxo nor Earn provides the ability to purchase actual (delivered) cryptocurrencies, but they both offer cryptocurrency derivatives. Saxo and Earn also both offer copy trading services, catering to investors interested in mirroring successful traders. Overall, Saxo is rated 5 stars for its range of investments, ranking #3 out of 63 brokers by ForexBrokers.com. Earn, on the other hand, earns a rating of 3.5 stars and is ranked #45. These rankings reflect Saxo's diverse investment offerings, making it a more attractive choice for those seeking a wide range of investable options.
| Feature |
Saxo
|
Earn
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 70000 | 500 |
| Forex Pairs (Total) | 190 | 61 |
| U.S. Stock Trading (Non CFD) | Yes | No |
| Int'l Stock Trading (Non CFD) | Yes | No |
| 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 the trading platforms and tools of Saxo and Earn, both brokers offer simulated trading with free virtual demo accounts. Saxo has developed its own proprietary platform, while Earn integrates third-party software. Both brokers provide a Windows-based desktop platform and web-based trading options, making them accessible to users who prefer flexibility. However, only Saxo is recognized with the top rating of 5 stars for its trading platforms, while Earn follows closely with 4 stars. Saxo comes out ahead, ranked #1 by ForexBrokers.com, as opposed to Earn's #51 placement.
For advanced features, Saxo and Earn both support copy trading, but Earn stands out by supporting popular platforms like MetaTrader 4 and MetaTrader 5, whereas Saxo does not. Meanwhile, Saxo offers a richer set of charting tools with 20 drawing tools compared to Earn's 15. Saxo also offers more in-depth watchlist customization with 60 columns versus Earn's 7. While both brokers allow trading directly from stock charts, Saxo provides a more comprehensive service overall, particularly in terms of customizing your trading setup.
| Feature |
Saxo
|
Earn
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | No |
| 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 | Yes |
| Charting - Indicators / Studies (Total) | 64 | 35 |
| Charting - Drawing Tools (Total) | 20 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 60 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When comparing the mobile trading apps of Saxo and Earn, both platforms cater to iPhone and Android users, offering the convenience of trading on the go. Users enjoy access to real-time quotes and can customize their watchlists on both apps. Stock and forex price alerts are also available, keeping traders informed of market movements. While both apps provide multiple viewing time frames and allow users to draw trendlines on charts, Saxo takes the lead with more comprehensive charting features, offering 64 technical studies compared to Earn's 35.
A notable advantage of Saxo is its watchlist symbol syncing, ensuring seamless integration between the mobile app and the user's online account. This feature is not offered by Earn, which may affect the user experience for traders who switch between platforms. Additionally, Saxo outshines in user ratings and industry rankings, achieving a 5-star rating and securing the #2 spot out of 63 brokers on ForexBrokers.com, while Earn has a respectable 4-star rating but ranks at #27. These distinctions highlight Saxo's strength in delivering a refined and efficient mobile trading experience.
| Feature |
Saxo
|
Earn
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 64 | 35 |
| 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.
Both Saxo and Earn provide daily market commentary and deliver forex news from esteemed sources like Bloomberg and Reuters. However, Saxo clearly distinguishes itself with additional features, such as its collaboration with Autochartist, offering unique technical analysis and research tools unavailable at Earn. Furthermore, Saxo users benefit from a sentiment-based trading tool, giving insights into long or short positions across different currency pairs — a feature not offered by Earn.
In terms of global market insights, both platforms provide economic calendars highlighting worldwide economic events. Despite certain similarities, Saxo's comprehensive research tools and the additional features provide it with a significant edge. This is reflected in the ratings, with Saxo earning 5 stars and ranking first in research among 63 brokers, whereas Earn holds a score of 3.5 stars, placing it 38th according to ForexBrokers.com.
| Feature |
Saxo
|
Earn
|
|---|---|---|
| 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 | No |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When comparing the educational resources offered by Saxo and Earn for beginner traders, Saxo clearly stands out. Saxo provides a wide variety of learning materials, including more than 10 articles, videos, and archived webinars focusing on forex or CFDs. They also offer monthly client webinars to engage and educate their users, along with a searchable archive of past sessions, making it easy for newcomers to revisit previous lessons. In contrast, Earn lacks these extensive educational offerings, leaving beginners with fewer resources to help them get started in the trading world.
Further enriching the learning experience, Saxo supplies at least 10 beginner-focused videos on trading topics and an additional set of advanced videos for experienced traders. Their comprehensive investor dictionary covering over 50 investing terms is another plus for those looking to expand their financial knowledge. Consequently, Saxo receives a 5-star rating in education and ranks 13th out of 63 brokers according to ForexBrokers.com. On the other hand, Earn doesn't provide the same depth of resources, earning a 3.5-star rating and ranking 62nd. Overall, Saxo offers significantly better educational support for beginners looking to develop their trading skills.
| Feature |
Saxo
|
Earn
|
|---|---|---|
| Education (Forex or CFDs) | Yes | No |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | Yes | No |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | Yes | No |
| Investor Dictionary (Glossary) | Yes | No |
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 Earn. Saxo finished with an overall rank of #3, while Earn finished with an overall rank of #50.
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
|
Earn
|
|---|---|---|
| Overall Rating |
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| Trust Score | 99 | 71 |
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While both Saxo and Earn do not provide the option to buy actual delivered cryptocurrencies, they do offer the ability to purchase cryptocurrency derivatives.
Both Saxo and Earn do not support ACH, SEPA, or PayPal for account deposits or withdrawals; however, while Saxo and Earn both accept Visa, Mastercard, and bank wires, only Earn offers the additional option of using Skrill for transactions.
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 | Earn | |
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| Trust Score | 99 | 71 | |
| Winner | check_circle | ||
| Review | Saxo Review |
| Broker Screenshots | Saxo | Earn | |
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| Regulation | Saxo | Earn | |
|---|---|---|---|
| Trust Score | 99 | 71 | |
| Year Founded | 1992 | 1994 | |
| Publicly Traded (Listed) | No | No | |
| Bank | Yes | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 7 | 1 | |
| Tier-2 Licenses | 1 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 0 | 0 |
| Tier-1 Licenses (Highly Trusted) | Saxo | Earn | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| 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 | No | |
| 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 | Earn | |
|---|---|---|---|
| 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 | Earn | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 70000 | 500 | |
| Forex Pairs (Total) | 190 | 61 | |
| U.S. Stock Trading (Non CFD) | Yes | No | |
| Int'l Stock Trading (Non CFD) | Yes | No | |
| 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 | Earn | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.1 | N/A | |
| All-in Cost EUR/USD - Active | 0.9 | N/A | |
| Active Trader or VIP Discounts | Yes | Yes | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | Yes | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | Saxo | Earn | |
|---|---|---|---|
| Minimum Deposit | $0 | $100 | |
| PayPal (Deposit/Withdraw) | No | No | |
| 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 | Earn | |
|---|---|---|---|
| Proprietary Platform | Yes | No | |
| 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 | Yes |
| Trading Tools | Saxo | Earn | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 60 | 7 | |
| Charting - Indicators / Studies (Total) | 64 | 35 | |
| Charting - Drawing Tools (Total) | 20 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Saxo | Earn | |
|---|---|---|---|
| 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 | 35 | |
| 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 | Earn | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | Yes | No | |
| Trading Central (Recognia) | No | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | Saxo | Earn | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | No | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | Yes | No |
| Major Forex Pairs | Saxo | Earn | |
|---|---|---|---|
| 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 |
| Overall | Saxo | Earn | |
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| Trust Score | 99 | 71 | |
| Winner | check_circle | ||
| Review | Saxo Review |
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