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 |
Comparing commissions and fees, Saxo earns 5/5 stars and ranks #9 out of 63 brokers for this category at ForexBrokers.com, while easyMarkets scores 3.5/5 stars and ranks #53 out of 63. Saxo tends to favor active or high-balance traders with tiered pricing, whereas easyMarkets offers straightforward spreads that vary by platform and account type.
For forex, Saxo is spread-only and charges a $3-per-side ticket fee if you trade under 50,000 units in a month. As of November 2023, average EUR/USD spreads were 1.1 pips (Classic), 1.0 pips (Platinum), and 0.9 pips (VIP), with minimums about 0.2 pips lower. Classic has a $0 minimum deposit, Platinum requires $200,000, and VIP typically requires $1,000,000 (both Platinum and VIP can also be unlocked via trading volume). Saxo also waives custody fees for share trading if you opt into securities lending.
easyMarkets’ EUR/USD spreads are fixed at 0.8 pips on its own platform and on TradingView. On MT4, spreads are 1.7 pips for the Standard account and 0.7 pips for VIP, while MT5 offers variable spreads starting from 0.7 pips. In short, easyMarkets offers predictable pricing on its proprietary platform, but high-volume traders may find Saxo’s Platinum and VIP tiers deliver lower effective costs.
| 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.
Saxo offers a much wider range of investments than easyMarkets. Saxo lists 70,000 tradeable symbols and 190 forex pairs, compared with easyMarkets’ 230 symbols and 63 pairs. Both brokers provide forex trading (CFD or spot), copy trading, and access to cryptocurrency via derivatives—though neither lets you buy actual crypto. A key difference is stock market access: only Saxo offers exchange-traded securities on U.S. and international exchanges, so you can buy shares like Apple (NASDAQ: AAPL) or Vodafone (LSE: VOD); easyMarkets does not.
For range of investments, ForexBrokers.com rates Saxo at 5 stars and ranks it #3 out of 63 brokers, while easyMarkets earns 3.5 stars and ranks #55. If you want the broadest market access and the ability to buy real shares, Saxo stands out; if you prefer a smaller lineup with familiar features like copy trading and crypto derivatives, easyMarkets may fit.
| 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.
Saxo and easyMarkets both deliver modern trading platforms and tools, including free demo (paper) accounts, in-house proprietary platforms, web-based and Windows desktop access, and copy trading. Traders can place orders directly from charts with either broker. The biggest platform difference is MetaTrader: easyMarkets supports both MetaTrader 4 (MT4) and MetaTrader 5 (MT5), while Saxo does not. In independent testing by ForexBrokers.com, Saxo earned 5 stars and ranked #1 out of 63 brokers for Trading Platforms & Tools, compared with easyMarkets’ 4 stars and a #36 ranking.
For charting and workspace customization, easyMarkets offers about 30 drawing tools versus 20 at Saxo, and both let you trade directly from charts. Saxo shines for watchlists, with 60 columns (fields) compared with 8 at easyMarkets—useful if you track many data points. Overall, choose Saxo for top-tier in-house platforms and deep watchlist control, and pick easyMarkets if you want MetaTrader 4/5 and a wider set of drawing tools.
| 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 mobile trading apps for iPhone and Android, with synced watchlists that mirror changes between the app and your online account, plus the ability to build watchlists with real-time quotes. A key difference is price alerts: Saxo supports stock and forex alerts, while easyMarkets does not. For on-chart work, both apps let you draw trendlines and switch among multiple time frames.
When it comes to charting depth, easyMarkets lists 81 technical studies versus Saxo’s 64, but Saxo auto-saves your drawings and annotations while easyMarkets does not. Overall results reflect these trade-offs: ForexBrokers.com rates Saxo’s mobile app 5 stars and ranks it #2 out of 63 brokers, while easyMarkets earns 4 stars and ranks #32. If alerts and saved drawings matter most, Saxo is the better fit; if you want more built-in indicators, easyMarkets has the edge.
| 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.
Saxo and easyMarkets both keep traders informed with daily market commentary, an economic calendar, and a sentiment tool showing the long/short split. Each also provides forex news from top-tier sources like Bloomberg, Reuters, or Dow Jones. Neither broker includes research from TipRanks or Acuity Trading.
Where they differ: Saxo supplies Autochartist tools, while easyMarkets offers Trading Central instead. For overall research quality, ForexBrokers.com rates Saxo 5 stars and ranks it #1 out of 63 brokers; easyMarkets earns 3.5 stars and ranks #44. If you want Autochartist-driven ideas, Saxo makes sense; if you prefer Trading Central insights, easyMarkets is the match—both still cover the essentials.
| 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
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easyMarkets
|
|---|---|---|
| Overall Rating |
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| Trust Score | 99 | 84 |
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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.
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0 of 5| Overall Rating | Saxo | easyMarkets | |
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| Trust Score | 99 | 84 | |
| Winner | check_circle | ||
| Review | Saxo Review | easyMarkets Review |
| Broker Screenshots | Saxo | easyMarkets | |
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| 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 | ||
| 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) | |||
| 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) |
| 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 | |
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| Trust Score | 99 | 84 | |
| Winner | check_circle | ||
| Review | Saxo Review | easyMarkets Review |
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