Written by ForexBrokers.com
In this head to head comparison of Saxo vs GBE brokers, 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 comparing Saxo with GBE brokers, potential traders might first consider the year of establishment and the type of entity each broker is. Saxo, founded in 1992, operates as a bank and boasts a highest possible Trust Score rating of 99 from ForexBrokers.com, indicating a high level of trust. Although it is not publicly traded, Saxo impressively holds 7 Tier-1 licenses, symbolizing a strong regulatory backing, alongside 1 Tier-2 license.
On the other hand, GBE brokers, established in 2013, operates as a non-bank entity with a ForexBrokers.com Trust Score of 71, placing it at an average risk level according to the rating system. Like Saxo, GBE is not publicly traded. It holds 1 Tier-1 license, ensuring some degree of trusted oversight, but lacks any Tier-2 licenses, which could be a consideration for more security-focused traders. Overall, while both brokers offer regulated services, Saxo's long-standing presence and more extensive licensing may appeal to those prioritizing a well-trusted partner.
| Feature |
Saxo
|
GBE brokers
|
|---|---|---|
| Year Founded | 1992 | 2013 |
| Publicly Traded (Listed) | No | No |
| Bank | Yes | No |
| Tier-1 Licenses | 7 | 1 |
| Tier-2 Licenses | 1 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 0 | 1 |
Saxo vs GBE brokers on commissions and fees: Saxo earns 5 stars and ranks #9 out of 63 brokers for this category, while GBE brokers holds 4 stars and ranks #38. Saxo is transparent with its pricing, publishing average and minimum spreads. By contrast, GBE brokers does not provide average spread data, which makes direct, side‑by‑side comparisons harder.
For forex, Saxo is commission‑free (it earns from the spread), with one exception: a $3 per‑side ticket fee if you trade under 50,000 units in a month. As of November 2023, Saxo’s average EUR/USD spreads were 1.1 pips on the Classic account, 1.0 on Platinum, and 0.9 on VIP; minimums were about 0.2 pips tighter (e.g., Classic 0.9). The Classic account has a $0 minimum deposit, Platinum requires $200,000 (AUD 300,000 for Australian forex clients), and VIP targets $1,000,000 deposits or very high trading volume. You can also move up tiers via Saxo’s loyalty program, and custody fees for share trading are waived if you opt into securities lending.
Bottom line: Saxo’s pricing is particularly appealing for active or high‑balance traders, with Platinum and VIP closer to (or better than) typical market pricing, while Classic sits slightly higher than average. GBE brokers’ 4‑star rating and #38 ranking indicate solid but not top‑tier costs, and the lack of published average spreads means you may need to test a demo or ask support to confirm typical fees.
| Feature |
Saxo
|
GBE brokers
|
|---|---|---|
| Minimum Deposit | $0 | $1000 |
| Average Spread EUR/USD - Standard | 1.1 | N/A |
| All-in Cost EUR/USD - Active | 0.9 | N/A |
| Active Trader or VIP Discounts [DELETED] | ||
| Non-wire bank transfer | No | Yes |
| PayPal (Deposit/Withdraw) | No | Yes |
| Skrill (Deposit/Withdraw) | No | Yes |
| Visa/Mastercard (Credit/Debit) [DELETED] | ||
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Comparing Saxo vs GBE Brokers for range of investments: both let you trade forex as CFDs or spot. Saxo stands out with about 70,000 tradeable instruments and 190 forex pairs, while GBE Brokers offers roughly 500 instruments and 71 forex pairs. Both support copy trading and cryptocurrency derivatives, though neither allows buying actual (delivered) crypto.
Saxo also provides access to exchange-traded securities on U.S. and international exchanges—so you can buy shares like Apple (NASDAQ: AAPL) or Vodafone (London Stock Exchange)—whereas GBE Brokers does not offer exchange-traded stocks. Reflecting this wider market access, ForexBrokers.com rates Saxo 5/5 stars for Range of Investments and ranks it #3 out of 63 brokers; GBE Brokers holds 3.5/5 stars and ranks #45.
| Feature |
Saxo
|
GBE brokers
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 70000 | 500 |
| Forex Pairs (Total) | 190 | 71 |
| 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 GBE Brokers both provide free demo accounts for paper trading, plus web and Windows desktop platforms with the ability to place trades directly from charts. Saxo offers a proprietary, in-house platform and copy trading, while GBE Brokers also supports copy trading but relies on third-party platforms. According to ForexBrokers.com, Saxo earns 5 stars and ranks #1 out of 63 brokers for Trading Platforms and Tools; GBE Brokers holds 4 stars and ranks #58.
The biggest difference is platform choice. Saxo does not support MetaTrader 4 (MT4) or MetaTrader 5 (MT5), focusing instead on its own platform. GBE Brokers supports both MT4 and MT5, which is appealing if you want Expert Advisors or a familiar MetaTrader setup. If you want an in-house platform backed by top rankings, choose Saxo; if MetaTrader access matters most, GBE Brokers is the better fit. Details for DupliTrade, ZuluTrade, and specific charting indicators, drawing tools, and watch list fields were not specified.
| Feature |
Saxo
|
GBE brokers
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | No |
| 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 [DELETED] | ||
| ZuluTrade [DELETED] | ||
| Charting - Indicators / Studies (Total) | 64 | 30 |
| Charting - Drawing Tools (Total) [DELETED] | ||
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields [DELETED] |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Saxo and GBE brokers both offer iPhone and Android mobile trading apps with price alerts and real-time quote watchlists. Each app supports drawing trendlines on charts and automatically saves your drawings. A key difference is syncing: Saxo syncs your watchlist symbols between the mobile app and your online account, so changes carry over across devices, while GBE brokers does not offer watchlist syncing.
Charting tools are deeper with Saxo, which includes 64 technical studies compared with 30 for GBE brokers. According to ForexBrokers.com, Saxo’s mobile trading app earns 5 stars and ranks #2 out of 63 brokers, while GBE brokers earns 4 stars and ranks #58. Both cover the basics, but Saxo’s app better fits traders who want more built-in analysis and a smoother cross-device workflow.
| Feature |
Saxo
|
GBE brokers
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Watchlist Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 64 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | ||
| Mobile Charting - Trendlines Autosave | Yes | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
Comparing Saxo vs GBE brokers for market research: both offer daily market commentary, a sentiment tool showing trader positioning, and an economic calendar. Saxo stands out by adding premium forex news from top-tier sources like Bloomberg/Reuters/Dow Jones–style feeds, which GBE brokers does not provide. Saxo also includes Autochartist for technical and fundamental analysis, while GBE brokers lacks this. Neither broker integrates Trading Central. Extras such as TipRanks or Acuity Trading are not included at Saxo, and GBE brokers does not disclose support for them.
Results back this up: according to ForexBrokers.com, Saxo is rated 5 stars for Research and ranks #1 out of 63 brokers, while GBE brokers holds 3 stars and ranks #63. If you want top-tier news and built-in analysis tools, Saxo is the stronger choice; if you only need essentials like commentary and a calendar, GBE brokers covers the basics.
| Feature |
Saxo
|
GBE brokers
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | Yes | No |
| Trading Central (Recognia) | No | No |
| Client sentiment data | Yes | Yes |
| TipRanks | No | |
| Signal Centre (Acuity Trading) | No | |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
Saxo offers stronger beginner education than GBE Brokers. Saxo runs client webinars at least once a month and has 10+ beginner videos plus 10+ advanced videos that explain trading topics in simple terms. GBE Brokers does not provide monthly webinars and does not offer the same depth of beginner or advanced video content. Details about each brand’s forex/CFD article library, any webinar archive, and whether they maintain an investor dictionary were not specified.
Independent ratings back this up: ForexBrokers.com gives Saxo 5 stars for Education and ranks it #13 in the category, while GBE Brokers holds 3 stars and is ranked #64. If you want frequent live learning and a larger video library to build skills in forex and CFDs, Saxo is the better pick. If you only need lighter, occasional materials, GBE Brokers may meet basic needs.
| Feature |
Saxo
|
GBE brokers
|
|---|---|---|
| Education (Forex or CFDs) | ||
| Webinars | Yes | No |
| Client Webinars (Archived) [DELETED] | ||
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | Yes | No |
| Investor Dictionary (Glossary) [DELETED] |
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 GBE brokers. Saxo finished with an overall rank of #3, while GBE brokers finished with an overall rank of #57.
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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GBE brokers
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|---|---|---|
| Overall Rating |
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| Trust Score | 99 | 71 |
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Both Saxo and GBE Brokers do not provide the option to purchase actual delivered cryptocurrency, but they each offer the ability to invest in cryptocurrency derivatives.
Saxo vs GBE Brokers: for deposit and withdrawal methods, Saxo supports only bank wires and lacks ACH/SEPA, PayPal, and Skrill, whereas GBE Brokers supports bank wires plus ACH/SEPA, PayPal, and Skrill; Visa/Mastercard availability is not specified for either.
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 | GBE brokers | |
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| Trust Score | 99 | 71 | |
| Winner | check_circle | ||
| Review | Saxo Review |
| Broker Screenshots | Saxo | GBE brokers | |
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| Broker Gallery (click to expand) |
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| Regulation | Saxo | GBE brokers | |
|---|---|---|---|
| Trust Score | 99 | 71 | |
| Year Founded | 1992 | 2013 | |
| Publicly Traded (Listed) | No | No | |
| Bank | Yes | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 7 | 1 | |
| Tier-2 Licenses | 1 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 0 | 1 |
| Tier-1 Licenses (Highly Trusted) | Saxo | GBE brokers | |
|---|---|---|---|
| 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 | 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 | GBE brokers | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA, FSRA, or SCA Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | Saxo | GBE brokers | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 70000 | 500 | |
| Forex Pairs (Total) | 190 | 71 | |
| 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 | GBE brokers | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.1 | N/A | |
| All-in Cost EUR/USD - Active | 0.9 | N/A | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | Yes | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | Saxo | GBE brokers | |
|---|---|---|---|
| Minimum Deposit | $0 | $1000 | |
| PayPal (Deposit/Withdraw) | No | Yes | |
| Skrill (Deposit/Withdraw) | No | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer | No | Yes |
| Trading Platforms | Saxo | GBE brokers | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | No | |
| 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 |
| Trading Tools | Saxo | GBE brokers | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 64 | 30 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Saxo | GBE brokers | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | 64 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | Yes | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | Saxo | GBE brokers | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | Yes | No | |
| Trading Central (Recognia) | No | No | |
| TipRanks | No | ||
| Client sentiment data | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | Saxo | GBE brokers | |
|---|---|---|---|
| Webinars | Yes | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | Yes | No |
| Major Forex Pairs | Saxo | GBE brokers | |
|---|---|---|---|
| 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 |
| Overall | Saxo | GBE brokers | |
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| Trust Score | 99 | 71 | |
| Winner | check_circle | ||
| Review | Saxo Review |
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