Written by ForexBrokers.com
In this head to head comparison of Saxo vs easyMarkets, 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 assessing the trustworthiness of online trading platforms, Saxo and easyMarkets offer distinct profiles. Established in 1992, Saxo is not only a bank but also holds an impressive seven Tier-1 licenses, crucial indicators of high trust. With a ForexBrokers.com Trust Score of 99 out of 99, Saxo stands as a highly trusted broker, giving users confidence in its regulatory standing and years of experience. Although not publicly traded, Saxo's banking status and extensive licensing contribute to its strong reputation.
In comparison, easyMarkets, founded in 2001, is not a bank and holds two Tier-1 licenses. Despite this, it achieves a respectable ForexBrokers.com Trust Score of 84 out of 99, categorizing it as a trusted broker. Like Saxo, easyMarkets is not listed on a stock exchange, and both brokers hold a single Tier-2 license, further supporting their credibility. For traders prioritizing trust, these details highlight how Saxo's regulatory credentials and banking status distinguish it from easyMarkets, while still considering easyMarkets a reliable option.
| Feature |
Saxo
|
easyMarkets
|
|---|---|---|
| Year Founded | 1992 | 2001 |
| Publicly Traded (Listed) | No | No |
| Bank | Yes | No |
| Tier-1 Licenses | 7 | 2 |
| Tier-2 Licenses | 1 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 0 | 2 |
When comparing the commissions and fees of Saxo and easyMarkets, it's clear that each offers distinct advantages. Saxo, highly regarded with a 5-star rating and ranked #9 among 63 brokers by ForexBrokers.com, provides excellent pricing for active and high-volume traders. Their pricing on EUR/USD averages 1.1 pips for Classic, 1.0 pips for Platinum, and 0.9 pips for VIP accounts. Saxo is commission-free for forex trading, except for accounts trading less than 50,000 units monthly. Additionally, Saxo offers incentives like a waived custody fees for share trading through its securities lending program, and features such as exclusive events for VIP account holders.
In contrast, easyMarkets, rated 3.5 stars and ranked #52, offers fixed spreads of 0.8 pips for EUR/USD on its platform and TradingView. When using MT4, the spread for a Standard account rises to 1.7 pips, though the VIP account brings it down to 0.7 pips. For those utilizing MT5, the platform offers a variable spread starting at 0.7 pips. easyMarkets may cater well to traders who favor fixed spreads and those who employ TradingView, but it generally offers less competitive pricing compared to Saxo, especially for larger volume trades.
Overall, Saxo stands out for its superior pricing model and perks for high-volume traders and those with larger account balances, offering significant cost advantages and incentives not found with easyMarkets. For traders prioritizing fixed spreads or looking for simplicity in their trading platform choice, easyMarkets could be appealing, yet their overall cost structure may be less attractive to cost-conscious traders. Saxo's strategic tiering and rewards make it an optimal choice for more seasoned traders seeking added benefits beyond standard trading operations.
| Feature |
Saxo
|
easyMarkets
|
|---|---|---|
| Minimum Deposit | $0 | $25 |
| Average Spread EUR/USD - Standard | 1.1 | 0.8 |
| All-in Cost EUR/USD - Active | 0.9 | 0.8 |
| Active Trader or VIP Discounts | Yes | Yes |
| ACH or SEPA Transfers | No | Yes |
| 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 easyMarkets in terms of their range of investments, Saxo clearly stands out with a staggering 70,000 tradeable symbols, including 190 forex pairs. In contrast, easyMarkets offers a more limited selection with just 230 tradeable symbols and 63 forex pairs. Both platforms provide forex trading options as CFDs or spot contracts, but Saxo offers the added advantage of access to exchange-traded securities on both U.S. and international exchanges. This means clients can buy shares in companies like Apple or Vodafone directly through Saxo, a feature not available with easyMarkets.
Both Saxo and easyMarkets allow for copy trading and give the option to trade cryptocurrency derivatives. However, neither platform offers the purchase of actual, delivered cryptocurrency. In terms of overall range of investments, Saxo earns a five-star rating, ranking third among 63 brokers according to ForexBrokers.com, whereas easyMarkets receives a 3.5-star rating, ranking 54th. This disparity illustrates Saxo’s far-reaching investment options compared to the more constrained offering from easyMarkets.
| Feature |
Saxo
|
easyMarkets
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 70000 | 230 |
| Forex Pairs (Total) | 190 | 63 |
| 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 Saxo and easyMarkets on their trading platforms and tools, both brokers provide investors with the opportunity to practice trading through free virtual demo accounts, making them equally attractive for beginners. Each broker boasts a proprietary in-house developed platform, available for both Windows desktop and web-based browser use. Both also have integrated copy trading features, allowing users to mimic successful traders' strategies. However, the availability of the popular MetaTrader platforms marks a notable distinction; easyMarkets supports both MT4 and MT5, while Saxo does not provide either option.
In terms of advanced trading features, Saxo offers an impressive 60 columns for watch lists, considerable for those who value comprehensive market monitoring. easyMarkets, on the other hand, provides 8 columns. Additionally, easyMarkets offers 30 drawing tools, slightly surpassing Saxo's 20 tools. Both platforms facilitate trading directly from stock charts, which is appealing for users looking for seamless trade execution. Overall, Saxo has been rated 5 stars for trading platforms and tools, securing the #1 spot among 63 brokers by ForexBrokers.com, while easyMarkets holds a 4-star rating and ranks #35, indicating a strong performance yet room for growth in comparison to Saxo.
| Feature |
Saxo
|
easyMarkets
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | Yes |
| 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 | No |
| Charting - Indicators / Studies (Total) | 64 | 15 |
| Charting - Drawing Tools (Total) | 20 | 30 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 60 | 8 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both Saxo and easyMarkets offer convenient mobile trading apps for iPhone and Android users, enabling easy access to the financial markets. While both platforms provide essential features like watchlist symbol syncing and the ability to draw trendlines on charts, Saxo stands out by offering stock and forex price alerts, which easyMarkets lacks. Additionally, Saxo's app ensures your drawings auto-save, a feature that easyMarkets does not provide. When it comes to charting, easyMarkets takes the lead with 81 technical studies compared to Saxo's 64, although both allow for viewing multiple time frames such as daily, weekly, or intraday.
In terms of user satisfaction and rankings, Saxo receives a full 5-star rating for its mobile trading apps, placing it at an impressive #2 out of 63 brokers according to ForexBrokers.com. In contrast, easyMarkets holds a 4-star rating and ranks #30 in the same category. Both apps allow users to create watchlists with real-time quotes, but Saxo's higher overall rating and ranking might make it a preferable choice for traders who prioritize additional alert functionalities and a seamless charting experience.
| Feature |
Saxo
|
easyMarkets
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | No |
| Watchlist Syncing | Yes | Yes |
| Mobile Charting - Indicators / Studies | 64 | 81 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | No |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When exploring the market research offerings of Saxo and easyMarkets, both brokers provide daily market commentary and access to quality forex news from leading sources like Bloomberg and Reuters. Saxo distinguishes itself with tools from Autochartist, providing an edge with its technical analysis capabilities, while easyMarkets caters to traders with resources from Trading Central, known for its technical analytics. Both platforms offer sentiment-based trading tools and maintain comprehensive economic calendars to keep traders updated with global events. Neither broker, however, incorporates resources from TipRanks or Acuity Trading in their research suites.
In terms of research ratings, Saxo shines with a perfect 5-star rating, claiming the top position out of 63 brokers as rated by ForexBrokers.com. easyMarkets, while still providing valuable insights with a focus on Trading Central, ranks at #43 with a 3.5-star rating. This comparison highlights Saxo's strength in leveraging top-tier resources and innovative tools to support traders, offering a more comprehensive and well-rounded research experience compared to easyMarkets.
| Feature |
Saxo
|
easyMarkets
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | Yes | No |
| Trading Central (Recognia) | No | Yes |
| Social Sentiment - Currency Pairs | Yes | Yes |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When comparing Saxo and easyMarkets, both online brokers provide a solid range of educational resources specifically tailored for beginners interested in forex and CFDs trading. Each platform offers over ten educational pieces, including articles and videos, designed to help new traders grasp the fundamentals of trading. They also provide regular monthly webinars and maintain a searchable archive of previous sessions, allowing users to review and learn at their own pace.
Saxo seems to have an edge over easyMarkets when it comes to educational resources. Both brokers offer more than ten beginner and advanced trading videos, as well as a dictionary with definitions of over 50 investing terms. However, Saxo is rated higher with 5 stars for education, compared to easyMarkets' 3.5 stars, making it a preferred choice for those who prioritize comprehensive educational material. Reflecting this, Saxo is ranked 13th among 63 brokers by ForexBrokers.com in the Education category, whereas easyMarkets sits at 39th, suggesting a broader range and deeper quality of educational content offered by Saxo.
| Feature |
Saxo
|
easyMarkets
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | Yes | Yes |
| 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 easyMarkets. Saxo finished with an overall rank of #3, while easyMarkets finished with an overall rank of #42.
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
|
easyMarkets
|
|---|---|---|
| Overall Rating |
|
|
| Trust Score | 99 | 84 |
| Range of Investments |
|
|
| Commissions & Fees |
|
|
| Platforms & Tools |
|
|
| Research |
|
|
| Mobile Trading |
|
|
| Education |
|
|
Both Saxo and easyMarkets do not offer the ability to purchase actual (delivered) cryptocurrencies, but they do provide options to trade cryptocurrency derivatives.
When comparing funding options between online brokers, Saxo and easyMarkets, it's notable that easyMarkets supports ACH/SEPA transfers and Skrill in addition to offering Visa, Mastercard, and bank wires, while Saxo provides Visa, Mastercard, and bank wire options but lacks ACH/SEPA and Skrill support, with neither broker offering PayPal as a funding option.
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 | easyMarkets | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platforms & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 99 | 84 | |
| Winner | check_circle | ||
| Review | Saxo Review | easyMarkets Review |
| Broker Screenshots | Saxo | easyMarkets | |
|---|---|---|---|
| Trading Platforms Gallery (click to expand) |
| ||
| Mobile Trading Gallery (click to expand) |
| ||
| Research Gallery (click to expand) |
| ||
| Education Gallery (click to expand) |
|
| Regulation | Saxo | easyMarkets | |
|---|---|---|---|
| Trust Score | 99 | 84 | |
| Year Founded | 1992 | 2001 | |
| Publicly Traded (Listed) | No | No | |
| Bank | Yes | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 7 | 2 | |
| Tier-2 Licenses | 1 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 0 | 2 |
| Tier-1 Licenses (Highly Trusted) | Saxo | easyMarkets | |
|---|---|---|---|
| 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 | 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 | easyMarkets | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | Yes | |
| UAE (DFSA/Central Bank Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | Saxo | easyMarkets | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 70000 | 230 | |
| Forex Pairs (Total) | 190 | 63 | |
| 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 | easyMarkets | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.1 | 0.8 | |
| All-in Cost EUR/USD - Active | 0.9 | 0.8 | |
| Active Trader or VIP Discounts | Yes | Yes | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | Yes | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | Saxo | easyMarkets | |
|---|---|---|---|
| Minimum Deposit | $0 | $25 | |
| 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 | Yes |
| Trading Platforms | Saxo | easyMarkets | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| 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 | No |
| Trading Tools | Saxo | easyMarkets | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 60 | 8 | |
| Charting - Indicators / Studies (Total) | 64 | 15 | |
| Charting - Drawing Tools (Total) | 20 | 30 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Saxo | easyMarkets | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | No | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | Yes | Yes | |
| Mobile Charting - Indicators / Studies | 64 | 81 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | No | |
| Mobile Economic Calendar | Yes | Yes |
| Research | Saxo | easyMarkets | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | Yes | No | |
| Trading Central (Recognia) | No | Yes | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | Saxo | easyMarkets | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | Yes | Yes | |
| 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 | easyMarkets | |
|---|---|---|---|
| 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 | easyMarkets Review |
| Overall | Saxo | easyMarkets | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platforms & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 99 | 84 | |
| Winner | check_circle | ||
| Review | Saxo Review | easyMarkets Review |
IG
CMC Markets
FOREX.com
XTB
eToro
AvaTrade
Plus500
Pepperstone
FP Markets
Tickmill