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.
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.
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) - Standard account | 1.0 | 1.32 |
| All-in Cost EUR/USD - Active | 0.8 | 0.72 |
| Non-wire bank transfer | 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, with around 71,000 tradeable symbols compared with about 1,000 at Vantage. That includes 190 forex pairs for Saxo versus 61 for Vantage, and both brokers let clients trade forex as either CFDs or spot contracts. Saxo also stands out for access to exchange-traded securities on both U.S. and international exchanges, so investors can buy real shares such as Apple or Vodafone, while Vantage does not offer these non-CFD stock purchases.
For other product types, the two brokers are more similar: both offer cryptocurrency CFDs, but neither allows buying actual delivered crypto. The main difference is copy trading, which is available at Vantage but not at Saxo. Overall, Saxo scores 5 out of 5 for Range of Investments and ranks #3 out of 36 brokers on ForexBrokers.com, while Vantage scores 3.5 out of 5 and ranks #33, making Saxo the stronger choice for traders who want more markets and more ways to invest.
| Feature |
Saxo
|
Vantage
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 71000 | 1000 |
| Forex Pairs (Total) | 190 | 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) | 61 | 30 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Saxo and Vantage both offer mobile trading apps for iPhone and Android, and each lets users set stock or forex price alerts, draw trendlines, and have chart drawings saved automatically. For everyday mobile trading needs, both platforms cover the basics well, making it easy to monitor markets and manage trades on the go.
The main differences show up in app depth and ease of use across devices. Saxo stands out with watchlist syncing between its mobile app and online account, plus 64 technical studies for charting compared with Vantage’s 30. That stronger feature set is reflected in Saxo’s 5-star Mobile Trading Apps rating and #3 ranking out of 36 brokers, while Vantage holds a 4-star rating and ranks #24.
| Feature |
Saxo
|
Vantage
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 64 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When it comes to market research, both Saxo and Vantage give traders the basics needed to stay informed. Each offers daily market commentary, forex news from major sources like Bloomberg, Reuters, and Dow Jones, Autochartist tools, sentiment data that shows long and short positioning, and an economic calendar with key global events. Neither broker includes TipRanks or Acuity Trading tools.
The main difference is that Vantage also includes Trading Central, while Saxo does not. That edge helps Vantage add another layer of chart-based research, but Saxo still leads overall with a 5-star Research rating and a #1 ranking out of 36 brokers from ForexBrokers.com, compared with Vantage’s 4-star rating and #20 rank.
| Feature |
Saxo
|
Vantage
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | Yes | Yes |
| 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.
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 |
| Broker Screenshots | Saxo | Vantage | |
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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) | 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 | 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 | 1000 | |
| Forex Pairs (Total) | 190 | 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) - Standard account | 1.0 | 1.32 | |
| All-in Cost EUR/USD - Active | 0.8 | 0.72 | |
| Inactivity Fee | Yes | 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 | 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) | 61 | 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 | 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 | Vantage | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | Yes | Yes | |
| Trading Central | No | Yes | |
| TipRanks | No | No | |
| Client sentiment data | Yes | 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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