Written by ForexBrokers.com
In this head to head comparison of Saxo vs Vantage, 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 Vantage: both are highly trusted online brokers on ForexBrokers.com’s Trust Score scale. Saxo scores 99/99 and Vantage scores 91/99, placing each in the “highly trusted” 90–99 band (80–89 trusted, 70–79 average risk, 60–69 high risk, under 59 not trusted).
Founded in 1992, Saxo is a bank and is not publicly traded. It holds 7 Tier-1 licenses and 1 Tier-2 license. Founded in 2009, Vantage is not a bank and is not publicly traded; it holds 2 Tier-1 licenses and 1 Tier-2 license. Both are well-regulated, but Saxo carries more top-tier licenses and the higher Trust Score.
| Feature |
Saxo
|
Vantage
|
|---|---|---|
| Year Founded | 1992 | 2009 |
| 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 | 3 |
Saxo comes out ahead of Vantage on commissions and fees. It earns 5 stars and ranks #8 out of 36 brokers for this category, helped by pricing that is especially attractive for active traders, high-volume traders, and larger balances. Saxo’s forex trading is generally commission-free, with costs built into the spread, though accounts with very small monthly trading volume may pay a $3 per-side ticket fee. Recent EUR/USD pricing was about 1.1 pips on Classic, 1.0 on Platinum, and 0.9 on VIP, with the lower-tier Classic account sitting a bit above the industry norm while the higher tiers are closer to average.
Vantage is still competitively priced, but it does not match Saxo overall. It holds a 4.5-star rating and is ranked #12 out of 36 brokers for commissions and fees. Vantage offers three account types: Standard STP, RAW ECN, and PRO ECN. Its Standard account is spread-only and had typical EUR/USD spreads of around 1.30 pips, while the RAW account showed average spreads of 0.15 pips plus a $3 per-side commission, bringing the total closer to 0.75 pips. The PRO account is the cheapest option for eligible traders, with a $2 per-side commission, but qualification rules vary by entity.
In simple terms, Saxo is the lower-cost choice for many traders, especially those who can qualify for Platinum or VIP pricing. Vantage can still be a good option for traders who want flexible account types and lower commission rates on certain accounts, but its overall pricing is more in line with the market average. If commissions and fees are your main concern, Saxo has the edge.
| Feature |
Saxo
|
Vantage
|
|---|---|---|
| Minimum Deposit | $0 | $50 |
| Average spread (EUR/USD) - Spread-only account | 1.0 | 1.4 |
| All-in Cost EUR/USD - Raw spread account | 0.8 | 0.72 |
| Non-wire bank transfer (Deposit/Withdraw) | No | No |
| PayPal (Deposit/Withdraw) | No | Yes |
| 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 Vantage, making it a stronger choice for traders who want more variety in one place. Saxo provides access to 71,000 tradeable symbols and 192 forex pairs, while Vantage offers 1,028 symbols and 61 forex pairs. Both brokers support forex trading as CFDs or spot contracts, and both offer cryptocurrency CFDs, but neither lets clients buy actual cryptocurrency.
Where Saxo stands out further is in share dealing: it allows clients to buy exchange traded securities on both U.S. and international exchanges, such as Apple and Vodafone shares, while Vantage does not offer these non-CFD stocks. Vantage does, however, support copy trading, which Saxo does not. Overall, Saxo is rated 5 stars and ranked #3 out of 36 brokers for Range of Investments, compared with Vantage’s 3.5 stars and #33 ranking.
| Feature |
Saxo
|
Vantage
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 71000 | 1028 |
| Forex Pairs (Total) | 192 | 61 |
| 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 Vantage both give traders a wide choice of platform options, including a free demo account, a proprietary platform, a Windows desktop app, and a web-based platform. Each also lets you trade directly from a chart, which can make placing orders quicker and easier. When it comes to platform quality, Saxo has the edge, earning 5 out of 5 stars for Trading Platforms and Tools and ranking #3 out of 36 brokers at ForexBrokers.com, compared with Vantage’s 4 out of 5 stars and #20 ranking.
The bigger difference is in extra trading tools and platform access. Vantage supports copy trading and offers both MetaTrader 4 and MetaTrader 5, which may appeal to traders who want familiar third-party software and social trading features. Saxo does not offer copy trading, MT4, or MT5, so its setup is more centered on its own platform experience. In short, Saxo is the stronger pick for overall platform quality, while Vantage stands out if you want MT4, MT5, or copy trading.
| Feature |
Saxo
|
Vantage
|
|---|---|---|
| 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) | 64 | 30 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Saxo and Vantage both make it easy to trade on the go, since each offers iPhone and Android apps, price alerts, and watchlist syncing between the mobile app and online account. Both apps also let users draw trendlines on charts and save those drawings automatically, which helps keep chart work organized across sessions. For everyday mobile trading needs, the two brokers cover the key basics well.
Where Saxo stands out is in charting and overall app quality. Saxo’s mobile app offers 64 technical studies, compared with 30 at Vantage, giving traders more tools for chart analysis. This stronger feature set is reflected in its higher rating and ranking, with Saxo earning 5 out of 5 stars and placing #3 out of 36 brokers for mobile trading apps, while Vantage is rated 4 out of 5 stars and ranks #24.
| Feature |
Saxo
|
Vantage
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | Yes | Yes |
| Mobile Charting - Indicators / Studies | 64 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
Saxo and Vantage both give traders daily market commentary and an economic calendar, so each platform covers the basics for staying on top of major news and upcoming events. Saxo stands out more on research depth because it includes forex news from top sources like Bloomberg and Reuters, plus Autochartist tools for technical and fundamental analysis. Vantage, by contrast, offers Trading Central tools and a sentiment feature that shows the balance of long and short positions, which can help traders gauge market mood.
Overall, Saxo has the stronger research offering, earning 5 out of 5 stars and ranking #1 out of 36 brokers for Research at ForexBrokers.com. Vantage also holds its own with a 4-star research rating and a #20 ranking, making it a decent choice, but one that trails Saxo when it comes to the range and quality of market research tools.
| Feature |
Saxo
|
Vantage
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | Yes | No |
| Trading Central | No | Yes |
| Client sentiment data | No | Yes |
| TipRanks | No | No |
| Acuity Trading | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When it comes to beginner-friendly learning material, both Saxo and Vantage give new traders plenty to work with. Each broker offers forex and CFDs education with at least 10 pieces of content, plus online educational webinars at least once a month. They also both provide at least 10 beginner videos and at least 10 advanced videos, so traders can keep learning as their skills grow.
That said, Saxo has the edge in overall education quality. ForexBrokers.com gives Saxo a 5-star education rating and ranks it #12 out of 36 brokers, while Vantage earns 4 stars and ranks #23. For beginners looking for more highly rated learning support, Saxo comes out ahead, although Vantage still offers a solid range of useful educational content.
| Feature |
Saxo
|
Vantage
|
|---|---|---|
| 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 Vantage. Saxo finished with an overall rank of #3, while Vantage finished with an overall rank of #24.
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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Vantage
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| Trust Score | 99 | 91 |
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In the Saxo vs Vantage online broker comparison for crypto trading, neither broker lets you buy actual (delivered) cryptocurrencies, but both offer cryptocurrency CFDs instead.
Comparing online brokers Saxo and Vantage for account funding: both support bank wire transfers and do not offer ACH/SEPA, but Vantage additionally supports PayPal and Skrill for deposits and withdrawals while Saxo does not.
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 | Vantage | |
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| Trust Score | 99 | 91 | |
| Winner | check_circle | ||
| Review | Saxo Review | Vantage Review |
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| Regulation | Saxo | Vantage | |
|---|---|---|---|
| Trust Score | 99 | 91 | |
| Year Founded | 1992 | 2009 | |
| Publicly Traded (Listed) | No | No | |
| Bank | Yes | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 7 | 2 | |
| Tier-2 Licenses | 1 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 0 | 3 |
| Tier-1 Licenses (Highly Trusted) | Saxo | Vantage | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | Yes | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | 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 | No |
| Tier-2 Licenses (Trusted) | Saxo | Vantage | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | Yes | |
| UAE (DFSA, FSRA, or CMA Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | Saxo | Vantage | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 71000 | 1028 | |
| Forex Pairs (Total) | 192 | 61 | |
| 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 | Vantage | |
|---|---|---|---|
| Average spread (EUR/USD) - Spread-only account | 1.0 | 1.4 | |
| All-in Cost EUR/USD - Raw spread account | 0.8 | 0.72 | |
| Inactivity Fee | No | No | |
| Order execution: Agency | Yes | Yes | |
| Order execution: Market Maker | Yes | Yes |
| Funding | Saxo | Vantage | |
|---|---|---|---|
| Minimum Deposit | $0 | $50 | |
| PayPal (Deposit/Withdraw) | No | Yes | |
| Skrill (Deposit/Withdraw) | No | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer (Deposit/Withdraw) | No | No |
| Trading Platforms | Saxo | Vantage | |
|---|---|---|---|
| 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 | Vantage | |
|---|---|---|---|
| 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 | Vantage | |
|---|---|---|---|
| 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 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | Yes | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | Saxo | Vantage | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | Yes | No | |
| Trading Central | No | Yes | |
| TipRanks | No | No | |
| Client sentiment data | No | Yes | |
| Economic Calendar | Yes | Yes |
| Education | Saxo | Vantage | |
|---|---|---|---|
| Webinars | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | Yes |
| Major Forex Pairs | Saxo | Vantage | |
|---|---|---|---|
| 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 | Vantage Review |
| Overall | Saxo | Vantage | |
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| Trust Score | 99 | 91 | |
| Winner | check_circle | ||
| Review | Saxo Review | Vantage Review |
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