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.
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 considering online brokers, Saxo and Exness present different profiles in terms of experience and trust ratings. Founded in 1992, Saxo not only operates as a bank but also holds a prestigious position in the financial world with a perfect Trust Score of 99 out of 99, indicating it is highly trusted. With seven Tier-1 licenses, Saxo is well-regulated, which adds to its credibility. In contrast, Exness, which started in 2008, is not a bank but still maintains a respectable presence with a Trust Score of 81, putting it in the trusted category. Exness is regulated with two Tier-1 licenses and three Tier-2 licenses, demonstrating a commitment to meeting high standards in various jurisdictions.
Neither Saxo nor Exness is publicly traded on a stock exchange, which is a notable consideration for potential investors seeking transparency and accountability. However, Saxo's status as a bank and its extensive regulatory credentials offer a significant assurance of security and stability. Meanwhile, Exness holds its own with a solid regulatory framework, catering to traders looking for a trusted broker with a slightly more flexible structure. Overall, both brokers provide reliable options, though Saxo stands out for those prioritizing a highly regulated environment.
| 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 vs. Exness on commissions and fees: Saxo earns 5 stars and ranks #8 out of 63 brokers, while Exness earns 4 stars and ranks #31. Saxo uses spread-only pricing for forex (commission-free) and is best for active, high-volume traders and larger balances; a small ticket fee applies only if you trade less than 50,000 units per month. Exness offers multiple account types; its commission accounts aim for lower spreads, while the commission-free accounts carry wider spreads.
For Saxo, average EUR/USD spreads were 1.1 pips (Classic), 1.0 (Platinum), and 0.9 (VIP) as of November 2023, with minimums about 0.2 pips lower. Platinum and VIP pricing sits closer to the industry average, while Classic is slightly higher. The Classic account has a $0 minimum deposit; Platinum requires $200,000 (AUD 300,000 in Australia), and VIP requires $1,000,000. You can also upgrade via Saxo’s Loyalty Program (about $40 million in forex volume for Platinum and about $167 million for VIP, valid for 12 months). Saxo waives custody fees for share trading if you opt into securities lending, and charges a $3-per-side ticket fee only if you trade under 50,000 units per month.
For Exness, Standard Cent has the highest spreads, Standard is slightly tighter, and Pro offers lower spreads with a choice of instant or market execution. The commission accounts target even lower spreads: Zero Spread charges a $0.05 per-trade commission with market execution, while Raw charges up to $7 per round turn lot ($3.5 per side). These commission accounts have no preset leverage cap or stop-out, with margin calls at 30%. Your overall cost at Exness depends on the account you choose and your trading volume.
| Feature |
Saxo
|
Exness
|
|---|---|---|
| Minimum Deposit | $0 | $10 |
| 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 and Exness both let you trade forex as CFDs and spot, and each offers crypto via CFDs (neither supports buying actual crypto). Where they differ is scale and access. Saxo lists about 71,000 tradeable instruments, including 190 forex pairs, plus exchange-traded stocks on both U.S. and international markets. Exness offers 209 symbols with 96 forex pairs and does not provide direct stock trading on U.S. or international exchanges. Exness does include copy trading, while Saxo does not.
For range of investments, ForexBrokers.com rates Saxo 5 stars (ranked #3 of 63) and Exness 3.5 stars (ranked #34). Choose Saxo if you want the widest market selection, including global shares alongside forex and CFDs. Pick Exness if your focus is forex and CFDs and you value built-in copy trading over access to exchange-traded stocks.
| Feature |
Saxo
|
Exness
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 71000 | 209 |
| Forex Pairs (Total) | 190 | 96 |
| U.S. Stocks (Shares) | Yes | No |
| Global Stocks (Non-U.S. Shares) | Yes | No |
| Copy Trading | No | Yes |
| 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 Exness: both brokers provide free demo (paper) accounts, proprietary in-house platforms, Windows desktop downloads, and web-based platforms. Each also lets you place trades directly from charts. The big differences are feature support: Exness offers copy trading and access to MetaTrader 4 (MT4) and MetaTrader 5 (MT5), while Saxo does not. If you want MetaTrader or social/copy features, Exness is the better fit; if you prefer an in-house platform experience on desktop and web with chart trading, both have you covered.
For platform quality, ForexBrokers.com rates Saxo 5 stars and ranks it #3 out of 63 for Trading Platforms and Tools, while Exness earns 4 stars and ranks #15. In short, Saxo scores higher overall, but Exness wins if MetaTrader or copy trading matters most to you. Both are strong choices for starting with a free demo and trading from either a browser or a Windows desktop app.
| 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 | Yes |
| MetaTrader 4 (MT4) | No | Yes |
| MetaTrader 5 (MT5) | No | Yes |
| Charting - Indicators / Studies (Total) | 61 | 107 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
In the Saxo vs Exness mobile trading app comparison, both brokers offer iPhone and Android apps with price alerts and trendline drawing. Where they differ: Saxo syncs watchlists between the app and your online account, while Exness does not. Saxo also auto-saves chart drawings; Exness does not. For charting tools, Saxo includes 64 technical studies versus 35 at Exness.
Ratings reflect these gaps: ForexBrokers.com gives Saxo’s mobile apps 5 stars and ranks it #3 out of 63 brokers, while Exness earns 4 stars and a #18 ranking. If you want deeper charting, auto-saved drawings, and synced watchlists, Saxo may suit you. If you mainly need the essentials on iPhone or Android with alerts and basic charting, Exness still covers the basics.
| Feature |
Saxo
|
Exness
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 64 | 35 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | No |
Dive deeper: Best Forex Trading Apps.
Saxo vs Exness: both brokers deliver daily market commentary, top-tier forex news, sentiment tools, and a clear economic calendar. That said, ForexBrokers.com rates Saxo 5 stars and ranks it #1 for Research out of 63 brokers, while Exness holds 3.5 stars and ranks #31. If you want stronger, platform-driven market research, Saxo takes the lead; Exness still covers the essentials for traders who need reliable updates and news.
Key tool differences: Saxo includes Autochartist for technical analysis, while Exness does not. Exness offers Trading Central, which Saxo lacks. Neither broker adds TipRanks or Acuity/Signal Centre. Both provide forex news from major sources like Bloomberg, Reuters, or Dow Jones, plus daily commentary, sentiment data, and an economic calendar. Choose Saxo if you want Autochartist and top research scores; pick Exness if Trading Central is on your must-have list.
| 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 | Yes |
| TipRanks | No | No |
| Acuity Trading | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
Comparing Saxo vs Exness for beginner education, both online brokers deliver plenty of forex and CFD learning content, meeting the bar of 10+ dedicated pieces. Each also hosts client webinars at least once per month. New traders will find at least 10 beginner-focused videos at both brokers, which helps cover basics like how markets work, placing trades, and managing risk.
For growing your skills, both Saxo and Exness also provide 10+ advanced videos. That said, independent ratings suggest a difference in overall quality and depth: ForexBrokers.com gives Saxo 5 stars and ranks it #12 out of 63 for Education, while Exness earns 3.5 stars and ranks #21. If you want the most polished path from beginner to advanced topics, Saxo has the edge; if you mainly need core lessons and steady webinars, Exness remains a practical choice.
| 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 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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Exness
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| Trust Score | 99 | 81 |
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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 | 81 | |
| Winner | check_circle | ||
| Review | Saxo Review | Exness Review |
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| Regulation | Saxo | Exness | |
|---|---|---|---|
| Trust Score | 99 | 81 | |
| 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 SCA 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 | 209 | |
| Forex Pairs (Total) | 190 | 96 | |
| U.S. Stocks (Shares) | Yes | No | |
| Global Stocks (Non-U.S. Shares) | Yes | No | |
| Copy Trading | No | Yes | |
| 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 | $10 | |
| 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 | Yes | |
| 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 | 107 | |
| 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 | No | |
| Mobile Charting - Indicators / Studies | 64 | 35 | |
| 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 | Yes | |
| 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 | 81 | |
| Winner | check_circle | ||
| Review | Saxo Review | Exness Review |
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