Written by ForexBrokers.com
In this head to head comparison of Saxo vs Exness, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
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Saxo vs Exness: Saxo was founded in 1992 and Exness in 2008. Neither broker is publicly traded. Saxo is a bank, while Exness is not—an important distinction for some traders comparing regulation and oversight.
Regulation and trust: Per ForexBrokers.com, Saxo holds 7 Tier-1 licenses and 1 Tier-2 license, with a Trust Score of 99/99 (90–99 = highly trusted). Exness holds 2 Tier-1 and 3 Tier-2 licenses, with a Trust Score of 80/99 (80–89 = trusted). Both are internationally regulated, with Saxo carrying more top-tier licensing and the higher Trust Score.
| Feature |
Saxo
|
Exness
|
|---|---|---|
| Year Founded | 1992 | 2008 |
| Publicly Traded (Listed) | No | No |
| Bank | Yes | No |
| Tier-1 Licenses | 7 | 2 |
| Tier-2 Licenses | 1 | 3 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 0 | 3 |
Saxo scores 5 stars and ranks #8 out of 36 brokers for commissions and fees. Overall, it offers very competitive pricing, especially for active and high-volume traders or those who can keep larger balances. Saxo’s forex trading is generally commission-free, with costs built into the spread, though traders who trade less than 50,000 units per month may pay a $3 ticket fee per side. Its EUR/USD spreads averaged 1.1 pips on the Classic account, 1.0 pips on Platinum, and 0.9 pips on VIP, with the lower-tier Classic account pricing sitting a bit above the industry average.
Exness scores 4 stars and ranks #32 out of 36 brokers for commissions and fees. Its pricing depends on the account type you choose, with some accounts being spread-only and others adding commission in exchange for tighter spreads. The Standard Cent and Standard accounts are commission-free but tend to have wider spreads, while the Pro account offers lower spreads with either instant or market execution. For traders seeking lower spread pricing, Exness also offers the Zero Spread account, which charges a $0.05 commission per trade, and the Raw account, which charges up to $7 per round turn lot, or $3.5 per side.
In simple terms, Saxo is the better pick for overall commissions and fees, especially for traders who want strong pricing at higher balances or higher trade volumes. Exness gives more account choices, which may suit traders who want different cost structures, but its overall fees and pricing rank lower than Saxo’s.
| Feature |
Saxo
|
Exness
|
|---|---|---|
| Minimum Deposit | $0 | $100 |
| Average spread (EUR/USD) - Standard account | 1.0 | N/A |
| All-in Cost EUR/USD - Active | 0.8 | N/A |
| Non-wire bank transfer | No | No |
| PayPal (Deposit/Withdraw) | No | No |
| Skrill (Deposit/Withdraw) | No | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Saxo offers a much wider range of investments than Exness. Saxo supports forex trading, stock CFDs, cryptocurrency CFDs, and exchange-traded securities on both U.S. and international exchanges, so clients can buy real shares such as Apple or Vodafone rather than only derivatives. It also lists about 71,000 tradeable symbols and 190 forex pairs, giving investors far more choice across markets. By comparison, Exness also offers forex trading and cryptocurrency CFDs, but it does not provide exchange-traded securities on U.S. or international exchanges and has a smaller selection of about 239 tradeable symbols and 78 forex pairs.
For range of investments, Saxo is rated 5 stars and ranks #3 out of 36 brokers on ForexBrokers.com, while Exness is rated 3.5 stars and ranks #35. Neither broker offers copy trading or the ability to buy actual, delivered cryptocurrency. If you want the broader market access and larger product list, Saxo has the clear edge over Exness.
| Feature |
Saxo
|
Exness
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 71000 | 239 |
| Forex Pairs (Total) | 190 | 78 |
| 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 Exness both give traders a good mix of platform choices, including a free demo account, a proprietary trading platform, a Windows desktop app, and a web-based platform. Both also let users trade directly from charts, which can make order entry quicker and easier. Neither broker offers copy trading, so this area may matter less for traders who prefer to follow others.
The main difference is that Exness supports MetaTrader 4 and MetaTrader 5, while Saxo does not. That may appeal to traders who want access to the familiar MT4/MT5 setup. Still, Saxo leads overall in trading platforms and tools, with a 5-star rating and a #3 ranking from ForexBrokers.com, compared with Exness at 4 stars and #15. In simple terms, Saxo stands out for its platform quality, while Exness is stronger for traders who want MT4 and MT5.
| Feature |
Saxo
|
Exness
|
|---|---|---|
| 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 | Yes |
| Charting - Indicators / Studies (Total) | 61 | 106 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Saxo and Exness both make it easy to trade on the go with iPhone and Android apps, plus price alerts, watchlist syncing, and the ability to draw trendlines on charts. That means you can follow the markets, keep an eye on favorite symbols, and manage trades from your phone with either broker. For everyday mobile use, both apps cover the core needs most traders look for.
Where Saxo pulls ahead is in overall app quality and chart convenience. Saxo’s mobile app includes 64 technical studies, auto-saves chart drawings, and earns a 5-star Mobile Trading Apps rating, ranking #3 out of 36 brokers from ForexBrokers.com. Exness offers more technical studies at 100, but its app does not auto-save drawings, and it holds a 4-star rating with a #18 ranking. If you want a smoother all-around mobile experience, Saxo has the edge, while Exness may appeal to traders who want a wider set of chart indicators.
| Feature |
Saxo
|
Exness
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | Yes | Yes |
| Mobile Charting - Indicators / Studies | 64 | 100 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | No |
Dive deeper: Best Forex Trading Apps.
Saxo and Exness both give traders useful market research basics, including daily market commentary, news from top-tier sources like Bloomberg, Reuters, and Dow Jones, plus an economic calendar for tracking major global events. Both platforms also make it easier to stay on top of market-moving updates without needing to leave the broker’s site.
Where Saxo pulls ahead is in the range of extra research tools. Saxo includes Autochartist and a sentiment tool that shows long-versus-short positioning, while Exness offers Trading Central instead of Autochartist and does not provide a sentiment tool. This wider set of features helps explain why Saxo is rated 5 stars for Research and ranked #1 out of 36 brokers by ForexBrokers.com, compared with Exness at 3.5 stars and #32.
| Feature |
Saxo
|
Exness
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | Yes | No |
| Trading Central | No | Yes |
| Client sentiment data | Yes | No |
| TipRanks | No | No |
| Acuity Trading | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
For beginners looking for trading education, both Saxo and Exness offer a wide range of learning tools, including at least 10 forex or CFD education pieces, monthly online client webinars, and 10 or more beginner and advanced videos. This means each broker gives new traders and more experienced users access to lessons on core trading topics, making it easier to learn at a steady pace. Still, Saxo stands out more in this area, with a 5-star Education rating and a #12 ranking out of 36 brokers from ForexBrokers.com.
Exness also gives beginners plenty of educational content, but its overall Education score is lower at 3.5 stars, and it ranks #21 out of 36 brokers. In simple terms, both brokers support learning well, but Saxo appears to offer a stronger education experience overall, especially for traders who want more structured guidance and a higher-rated selection of learning materials.
| Feature |
Saxo
|
Exness
|
|---|---|---|
| Webinars | Yes | Yes |
| 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 Exness. Saxo finished with an overall rank of #3, while Exness finished with an overall rank of #31.
Saxo is a 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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Exness
|
|---|---|---|
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| Trust Score | 99 | 80 |
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In the Saxo vs Exness comparison, neither broker lets you buy actual delivered cryptocurrency, but both offer cryptocurrency CFD trading, allowing you to speculate on crypto prices without owning the underlying asset.
In a Saxo vs Exness comparison of funding methods, both online brokers support bank wire deposits and withdrawals and do not offer ACH/SEPA or PayPal, while Exness additionally accepts Skrill and Saxo does not; Visa/Mastercard availability for both is not specified.
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 | Exness | |
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| Trust Score | 99 | 80 | |
| Winner | check_circle | ||
| Review | Saxo Review | Exness Review |
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| Regulation | Saxo | Exness | |
|---|---|---|---|
| Trust Score | 99 | 80 | |
| Year Founded | 1992 | 2008 | |
| 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 | 3 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 0 | 3 |
| Tier-1 Licenses (Highly Trusted) | Saxo | Exness | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | Yes | No | |
| Japan (FSA Authorised) | Yes | No | |
| Singapore (MAS Authorised) | Yes | No | |
| Switzerland (FINMA Authorised) | Yes | ||
| United Kingdom (U.K.) (FCA Authorised) | Yes | Yes | |
| 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 | Exness | |
|---|---|---|---|
| Kenya (CMA Authorised) | Yes | ||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | Yes | |
| UAE (DFSA, FSRA, or CMA Authorised) | Yes | Yes | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | Yes |
| Investments | Saxo | Exness | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 71000 | 239 | |
| Forex Pairs (Total) | 190 | 78 | |
| 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). |
| Cost | Saxo | Exness | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 1.0 | N/A | |
| All-in Cost EUR/USD - Active | 0.8 | N/A | |
| Inactivity Fee | Yes | No | |
| Order execution: Agency | Yes | Yes | |
| Order execution: Market Maker | Yes | Yes |
| Funding | Saxo | Exness | |
|---|---|---|---|
| Minimum Deposit | $0 | $100 | |
| PayPal (Deposit/Withdraw) | No | No | |
| Skrill (Deposit/Withdraw) | No | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer | No | No |
| Trading Platforms | Saxo | Exness | |
|---|---|---|---|
| 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 | Yes | |
| cTrader | No | No |
| Trading Tools | Saxo | Exness | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 61 | 106 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Saxo | Exness | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | Yes | Yes | |
| Mobile Charting - Indicators / Studies | 64 | 100 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | No | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | Saxo | Exness | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | Yes | No | |
| Trading Central | No | Yes | |
| TipRanks | No | No | |
| Client sentiment data | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | Saxo | Exness | |
|---|---|---|---|
| Webinars | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | Yes |
| Major Forex Pairs | Saxo | Exness | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | Saxo Review | Exness Review |
| Overall | Saxo | Exness | |
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| Trust Score | 99 | 80 | |
| Winner | check_circle | ||
| Review | Saxo Review | Exness Review |
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