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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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: commissions and fees compared. Saxo earns 5 out of 5 stars and ranks #9 of 63 for Commissions and Fees at ForexBrokers.com, while Exness earns 4 out of 5 stars and ranks #36. Saxo is known for excellent all-around pricing that especially benefits active, high-volume traders and clients with larger balances. Exness focuses on flexibility, letting you pick between spread-only pricing or very tight spreads with a per-trade commission.
For forex, Saxo is commission-free and makes money on the spread, with a small ticket fee of $3 per side only 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 min 0.9). Platinum and VIP tiers are nearer to the industry average, while Classic runs slightly higher; VIP brings the most savings overall. Account minimums: Classic $0; Platinum $200,000 (AUD 300,000 in Australia); VIP $1,000,000 or via Loyalty upgrades. Saxo also waives custody fees for share trading if you opt into securities lending.
Exness offers two commission-free accounts (Standard Cent, Standard) with higher spreads and market execution, plus a Pro account that’s also commission-free with lower spreads and the choice of instant or market execution. Its commission-based options aim for very tight 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), also with market execution. Both Zero Spread and Raw have no leverage or stop-out restrictions and a 30% margin call trigger. In short, if you want simple spread-only pricing that improves with higher balances and volume, Saxo is compelling; if you prefer ultra-thin spreads and don’t mind paying a commission, Exness’s Zero Spread or Raw accounts are appealing alternatives.
| Feature |
Saxo
|
Exness
|
|---|---|---|
| Minimum Deposit | $0 | $10 |
| Average spread (EUR/USD) - Standard account | 1.1 | N/A |
| All-in Cost EUR/USD - Active | 0.9 | 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 vs Exness for range of investments: Saxo offers far more markets, with about 71,000 tradeable symbols and 190 forex pairs, compared with Exness’s 209 symbols and 96 currency pairs. Both brokers support forex trading as CFDs (contracts for difference) and/or spot, and both offer cryptocurrency CFDs; neither lets you buy actual crypto.
For stocks, Saxo lets clients buy exchange-traded securities on U.S. and international exchanges (for example, Apple on Nasdaq and Vodafone in London), while Exness does not offer exchange-traded shares. Exness does provide copy trading, which Saxo does not. According to ForexBrokers.com, Saxo earns 5 stars and ranks #3 out of 63 brokers for Range of Investments, while Exness earns 3.5 stars and ranks #56.
| 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 and Exness both check the core boxes for trading platforms and tools: each offers a free demo account for practice, an in‑house (proprietary) platform, a Windows desktop download, a web-based platform, and the ability to place trades directly from charts. The key differences are where Exness adds copy trading plus MetaTrader 4 and MetaTrader 5 (MT4/MT5) support, while Saxo does not. These extras can appeal if you want social features or prefer MetaTrader’s ecosystem. Indicator counts and watchlist column details weren’t specified for either broker.
On quality scores, Saxo earns 5 stars for Trading Platforms and Tools and ranks #1 out of 63 brokers at ForexBrokers.com, while Exness scores 4 stars and ranks #26. In short: pick Saxo if you want a highly rated in-house platform experience with strong chart trading; pick Exness if you value copy trading and MT4/MT5 alongside web and desktop access, with a solid overall tools rating.
| 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.
Saxo and Exness both offer iPhone and Android mobile trading apps with price alerts and the ability to draw trendlines on forex and stock charts. The key differences show up in features that power everyday use: Saxo syncs watchlists with your online account, while Exness does not. Saxo also provides 64 technical studies versus 35 on Exness, and it auto-saves your chart drawings, whereas Exness does not. If you want deeper chart analysis and seamless watchlist syncing across devices, Saxo stands out.
Independent ratings reflect this gap. ForexBrokers.com rates Saxo’s mobile app 5 stars and ranks it #2 out of 63 brokers, while Exness earns 4 stars and ranks #26. Both apps cover the basics well, but traders who value more studies, synced watchlists, and saved chart work may prefer Saxo.
| 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.
Comparing market research at online brokers Saxo and Exness, both deliver daily market commentary, forex news from major outlets like Bloomberg, Reuters, and Dow Jones, sentiment tools that show long/short positioning, and a clear economic calendar. The standout difference is in third‑party analytics: Saxo includes Autochartist but not Trading Central, while Exness offers Trading Central but not Autochartist. Neither broker adds TipRanks or Acuity Trading (Signal Centre).
These packages lead to different scores: Saxo earns a 5‑star Research rating and is ranked #1 out of 63 brokers by ForexBrokers.com. Exness holds a 3.5‑star Research rating and ranks #42. Choose Saxo if you want deeper in‑house insights plus Autochartist; pick Exness if Trading Central is your priority and you want the essentials covered.
| 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.
Saxo and Exness both provide beginner-friendly forex and CFD education. Each broker offers a sizable library of video lessons with at least 10 beginner videos and 10 advanced videos, and both run monthly client webinars to help new traders learn step by step.
Where they differ is in quality scores and standings. Saxo earns 5 stars for Education and ranks #13 out of 63 brokers on ForexBrokers.com, while Exness is rated 3.5 stars and ranks #47. If you want a higher-rated learning experience with extensive video content and regular webinars, Saxo is the stronger pick; if you simply need accessible basics and ongoing webinars to get started, Exness can also meet the need.
| 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 #43.
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 (SFC 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 | 1.1 | N/A | |
| All-in Cost EUR/USD - Active | 0.9 | 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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