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Saxo vs Vantage 2025

ForexBrokers.com

Written by ForexBrokers.com

February 05, 2025

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.

Saxo
5/5 Stars Overall
  • Minimum Deposit: $0
  • Trust Score: 99
  • Tradeable Symbols (Total): 70000
Vantage
4/5 Stars Overall
  • Minimum Deposit: $50
  • Trust Score: 90
  • Tradeable Symbols (Total): 1000

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.

Regulation

When comparing Saxo and Vantage, a key aspect is their regulatory standing. Saxo, founded in 1992, is both a broker and a bank, enhancing its trustworthiness. Holding 7 Tier-1 licenses and 1 Tier-2 license, Saxo is highly respected in the financial industry. With a perfect Trust Score of 99 according to ForexBrokers.com, Saxo is considered a very reliable choice for investors and traders.

In contrast, Vantage, established in 2009, operates solely as a broker without the added status of being a bank. It holds 2 Tier-1 licenses and 1 Tier-2 license, reflecting its trusted position. Vantage boasts a Trust Score of 90, marking it as a highly trusted broker, though it does not quite reach the same level of confidence as Saxo. Both brokers are not publicly traded; still, their regulatory credentials are strong indicators of their commitment to financial integrity and client safety.

Feature Saxo logoSaxo
Vantage logoVantage
Year Founded info 1992 2009
Publicly Traded (Listed) info No No
Bank info Yes No
Tier-1 Licenses info 7 2
Tier-2 Licenses info 1 1
Tier-3 Licenses info 0 0
Tier-4 Licenses info 0 3

Fees

When comparing online brokers Saxo and Vantage, Saxo stands out with its excellent pricing, especially for active and high-volume traders. Saxo's Classic account has a slightly higher average spread of 1.1 pips on the EUR/USD, compared to industry standards. However, its Platinum and VIP accounts offer more competitive rates with spreads of 1.0 and 0.9 pips, respectively. A distinct feature of Saxo is its commission-free structure on forex trading, though traders dealing with less than 50,000 units monthly incur a $3 fee per side. Saxo also waives custody fees for traders participating in securities lending. Saxo holds a 5-star rating and ranks #9 out of 63 brokers in the commissions and fees category.

Vantage, on the other hand, offers three account types: the Standard STP, RAW ECN, and PRO ECN accounts. The Standard account has typical spreads of 1.30 pips on the EUR/USD, while the RAW account features lower average spreads of 0.15 pips plus a commission of $6 per round turn, totaling 0.75 pips. Vantage’s PRO account provides even more competitive pricing, with only a $4 commission per round turn. Despite these offerings, Vantage's pricing is generally in line with the industry average and does not surpass leaders like Saxo. Vantage's active trader program provides rebates based on account balance and trading volume, but it's only available for those using the higher-spread Standard account. Vantage is rated at 4.5 stars and is ranked #19 in the same category.

In summary, Saxo offers outstanding value for high-volume traders with its competitive Platinum and VIP account pricing, particularly excelling in areas of large account balances and loyalty rewards. Meanwhile, Vantage provides various account options with its PRO account emerging as the best-priced choice for those meeting specific qualifying conditions. While both brokers have their strengths, Saxo remains ahead with its more favorable pricing, holding a higher rating and ranking compared to Vantage.

Feature Saxo logoSaxo
Vantage logoVantage
Minimum Deposit info $0 $50
Average Spread EUR/USD - Standard info 1.1 info 1.30 info
All-in Cost EUR/USD - Active info 0.9 info 0.75 info
Active Trader or VIP Discounts info Yes Yes
ACH or SEPA Transfers info No No
PayPal (Deposit/Withdraw) info No Yes
Skrill (Deposit/Withdraw) info No Yes
Visa/Mastercard (Credit/Debit) info Yes Yes
Bank Wire (Deposit/Withdraw) info Yes Yes

Dive deeper: Best Low Spread Forex Brokers.

Featured Offers


Range of investments

When evaluating the range of investments offered by Saxo and Vantage, Saxo clearly stands out with an impressive 70,000 tradeable symbols compared to Vantage's 1,000. Saxo also provides access to 190 forex pairs, while Vantage comes in with 61 options. Both brokers facilitate forex trading as CFDs or spot contracts, but Saxo further differentiates itself by allowing clients to purchase exchange-traded securities on U.S. and international exchanges. In contrast, Vantage does not offer the ability to buy such securities directly, which includes popular stocks like Apple on NASDAQ or Vodafone on the London Stock Exchange.

Both Saxo and Vantage support copy trading and offer cryptocurrency derivatives, though neither allows the purchase of actual cryptocurrencies. Considering these features, Saxo earns a 5-star rating for its range of investments, ranking #3 out of 63 brokers according to ForexBrokers.com. Meanwhile, Vantage is rated 3.5 stars and is positioned at #50 in the same category. This puts Saxo ahead in terms of diversity and accessibility for investors seeking a broad spectrum of trading opportunities.

Feature Saxo logoSaxo
Vantage logoVantage
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 70000 1000
Forex Pairs (Total) info 190 61
U.S. Stock Trading (Non CFD) info Yes No
Int'l Stock Trading (Non CFD) info Yes No
Social Trading / Copy Trading info Yes Yes
Cryptocurrency (Physical) info No No
Cryptocurrency (Derivative) info 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.

Trading platforms and tools

When comparing Saxo and Vantage in terms of trading platforms and tools, both brokers offer traders a wide array of features, including free demo accounts for virtual trading, proprietary platforms, and a choice between desktop and web-based platforms. However, there are some key differences to consider. For example, Vantage supports popular platforms like MetaTrader 4 and MetaTrader 5, along with options like DupliTrade, which Saxo does not. On the other hand, Saxo focuses on its proprietary offerings and doesn't cater to third-party platforms like MetaTrader.

Saxo and Vantage both enable direct trading from stock charts and offer copy trading options. However, Saxo provides a more extensive range of charting tools, boasting 20 drawing tools compared to Vantage's 15. Additionally, Saxo’s watch lists are more detailed, with up to 60 fields available, far exceeding Vantage's 7 fields. These features contribute to Saxo being ranked as the top broker for trading platforms and tools by ForexBrokers.com, with a perfect five-star rating, whereas Vantage holds the 21st position with four stars. These rankings highlight Saxo’s commitment to delivering a comprehensive and advanced trading experience.

Feature Saxo logoSaxo
Vantage logoVantage
Virtual Trading (Demo) info Yes Yes
Proprietary Platform info Yes Yes
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Social Trading / Copy Trading info Yes Yes
MetaTrader 4 (MT4) info No Yes
MetaTrader 5 (MT5) info No Yes
DupliTrade info No Yes
ZuluTrade info No No
Charting - Indicators / Studies (Total) info 64 30
Charting - Drawing Tools (Total) info 20 15
Charting - Trade From Chart info Yes Yes
Watchlists - Total Fields info 60 7
View More

Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.

Forex trading apps

Both Saxo and Vantage offer comprehensive mobile trading apps available for iPhone and Android users, ensuring traders can access their accounts easily from anywhere. Both apps support stock and forex price alerts, as well as the ability to draw trendlines on charts and view multiple time frames, making real-time trading decisions easier. However, Saxo takes an edge with some enhanced features not found in Vantage’s app. Notably, Saxo allows for seamless watchlist syncing between the mobile app and the online account, whereas Vantage lacks this feature. Saxo also supports 64 technical studies for charting, compared to Vantage's 30, providing traders with more tools for in-depth analysis.

For those keen on creating watchlists with real-time quotes, both Saxo and Vantage cater to this requirement. However, Saxo's mobile app stands out as it consistently auto-saves drawings on charts, a feature matched by Vantage. When it comes to ratings, Saxo's mobile app earns a full 5 stars compared to Vantage’s 4 stars. Furthermore, Saxo stands as a clear leader, ranked #2 out of 63 brokers by ForexBrokers.com in the Mobile Trading Apps category, while Vantage is positioned at #28. This indicates Saxo’s mobile trading app provides a more favorable user experience with advanced functionalities to address the needs of both novice and seasoned traders.

Feature Saxo logoSaxo
Vantage logoVantage
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Alerts - Basic Fields info Yes Yes
Watchlist Syncing info Yes No
Mobile Charting - Indicators / Studies info 64 30
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Multiple Time Frames info Yes Yes
Mobile Charting - Drawings Autosave info Yes Yes
Mobile Watchlist info Yes Yes

Dive deeper: Best Forex Trading Apps.

Market research

Both Saxo and Vantage offer impressive market research options that cater to online traders, providing daily market commentary and updates from leading news sources like Bloomberg, Reuters, and Dow Jones. Traders using either platform can also access technical analysis tools from Autochartist, in addition to sentiment-based trading tools that reveal investor positions on various currency pairs. Each broker also features an economic calendar that highlights important global events affecting the markets. Despite their similarities, Vantage holds an edge with additional support from Trading Central, offering technical analytics that Saxo does not provide, although Vantage lacks some of the expert assessments found in Saxo.

However, the overall research experiences set the two brokers apart, as reflected in their ratings. Saxo boasts a perfect 5-star rating for its research capabilities, standing out as the top-ranked broker by ForexBrokers.com among 63 competitors. In contrast, Vantage holds a respectable 4-star rating, securing the 21st position in the same category. While both platforms provide essential market insights, Saxo's advanced research capabilities give it a distinct advantage for traders seeking comprehensive analysis and data-driven trading decisions.

Feature Saxo logoSaxo
Vantage logoVantage
Daily Market Commentary info Yes Yes
Forex News (Top-Tier Sources) info Yes Yes
Autochartist info Yes Yes
Trading Central (Recognia) info No Yes
Social Sentiment - Currency Pairs info Yes Yes
TipRanks info No No
Signal Centre (Acuity Trading) info No No
Economic Calendar info Yes Yes

Dive deeper: Best Brokers for Forex Research.

Beginners and education

When choosing an online broker, especially as a beginner, educational resources are key. Both Saxo and Vantage provide a wealth of educational tools focused on forex and CFDs trading. Each offers more than ten educational pieces, such as articles and videos, ensuring that newcomers have ample resources at their disposal. Beginner traders can also benefit from the more than ten videos specifically catered to their level that both platforms offer. Monthly educational webinars and searchable archives of past sessions are available from both brokers, giving users consistent and convenient access to learning opportunities.

Saxo stands out slightly ahead with a perfect 5-star rating for its educational offerings, compared to Vantage's 4 stars. This difference is also reflected in their rankings by ForexBrokers.com, where Saxo is placed at 13th and Vantage at 24th. Both brokers provide comprehensive educational video content for more advanced traders as well, with a rich library covering intricate trading topics. They also offer investor dictionaries with definitions of over 50 investing terms, making them both excellent choices for traders at any stage of their journey.

Feature Saxo logoSaxo
Vantage logoVantage
Education (Forex or CFDs) info Yes Yes
Client Webinars info Yes Yes
Client Webinars (Archived) info Yes Yes
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info Yes Yes
Investor Dictionary (Glossary) info Yes Yes

Dive deeper: Best Forex Brokers for Beginners.

Winner

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 #26.

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 logoSaxo
Vantage logoVantage
Overall Rating info 5/5 Stars 4/5 Stars
Trust Score info 99 90
Range of Investments 5/5 Stars 3.5/5 Stars
Commissions & Fees 5/5 Stars 4.5/5 Stars
Platforms & Tools 5/5 Stars 4/5 Stars
Research 5/5 Stars 4/5 Stars
Mobile Trading 5/5 Stars 4/5 Stars
Education 4/5 Stars 4/5 Stars

FAQs

Can you trade cryptocurrency with Saxo or Vantage?

Both Saxo and Vantage online brokers do not offer the ability to buy actual delivered cryptocurrency, but they both provide options for purchasing cryptocurrency derivatives.

What funding options does each broker offer?

While both Saxo and Vantage provide the ability to deposit or withdraw funds through Visa, Mastercard, and bank wires, only Vantage offers additional flexibility with options like PayPal and Skrill, whereas neither platform supports ACH or SEPA transfers.




announcementPlease 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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Compare

0 of 5
Overall Rating Saxo Vantage
Overall Rating info 5/5 Stars 4/5 Stars
Commissions & Fees 5/5 Stars 4.5/5 Stars
Range of Investments 5/5 Stars 3.5/5 Stars
Platforms & Tools 5/5 Stars 4/5 Stars
Mobile Trading 5/5 Stars 4/5 Stars
Research 5/5 Stars 4/5 Stars
Education 4/5 Stars 4/5 Stars
Trust Score info 99 90
Winner check_circle
Review Saxo Review Vantage Review
Broker Screenshots Saxo Vantage
Trading Platforms Gallery (click to expand) info
Mobile Trading Gallery (click to expand) info
Research Gallery (click to expand) info
Education Gallery (click to expand) info
Regulation Saxo Vantage
Trust Score info 99 90
Year Founded info 1992 2009
Publicly Traded (Listed) info No No
Bank info Yes No
Regulated in one or more EU or EEA countries (MiFID). info Yes info No info
Tier-1 Licenses info 7 2
Tier-2 Licenses info 1 1
Tier-3 Licenses info 0 0
Tier-4 Licenses info 0 3
Tier-1 Licenses (Highly Trusted) Saxo Vantage
Australia (ASIC Authorised) info Yes Yes
Canada (CIRO Authorised) info No No
Hong Kong (SFC Authorised) info Yes No
Japan (SFC Authorised) info Yes No
Singapore (MAS Authorised) info Yes No
Switzerland (FINMA Authorised) info Yes No
United Kingdom (U.K.) (FCA Authorised) info Yes Yes
USA (CFTC Authorized) info No No
New Zealand (FMA Authorised) info No No
Regulated in one or more EU or EEA countries (MiFID). info Yes info No info
Tier-2 Licenses (Trusted) Saxo Vantage
Kenya (CMA Authorised) info No No
Israel (ISA Authorised) info No No
South Africa (FSCA Authorised) info No Yes
UAE (DFSA/Central Bank Authorised) info Yes info No
India (SEBI Authorised) info No No
Jordan (JSC Authorised) info No No
Investments Saxo Vantage
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 70000 1000
Forex Pairs (Total) info 190 61
U.S. Stock Trading (Non CFD) info Yes No
Int'l Stock Trading (Non CFD) info Yes No
Social Trading / Copy Trading info Yes Yes
Cryptocurrency (Physical) info No No
Cryptocurrency (Derivative) info 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 info 1.1 info 1.30 info
All-in Cost EUR/USD - Active info 0.9 info 0.75 info
Active Trader or VIP Discounts info Yes Yes
Inactivity Fee info Yes No
Execution: Agency Broker info Yes Yes
Execution: Market Maker info Yes Yes
Funding Saxo Vantage
Minimum Deposit info $0 $50
PayPal (Deposit/Withdraw) info No Yes
Skrill (Deposit/Withdraw) info No Yes
Visa/Mastercard (Credit/Debit) info Yes Yes
Bank Wire (Deposit/Withdraw) info Yes Yes
ACH or SEPA Transfers info No No
Trading Platforms Saxo Vantage
Proprietary Platform info Yes Yes
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Social Trading / Copy Trading info Yes Yes
MetaTrader 4 (MT4) info No Yes
MetaTrader 5 (MT5) info No Yes
cTrader info No No
DupliTrade info No Yes
ZuluTrade info No No
Trading Tools Saxo Vantage
Virtual Trading (Demo) info Yes Yes
Alerts - Basic Fields info Yes Yes
Watchlists - Total Fields info 60 7
Charting - Indicators / Studies (Total) info 64 30
Charting - Drawing Tools (Total) info 20 15
Charting - Trade From Chart info Yes Yes
Charts can be saved info Yes Yes
Mobile Trading Saxo Vantage
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Alerts - Basic Fields info Yes Yes
Mobile Watchlist info Yes Yes
Watchlist Syncing info Yes No
Mobile Charting - Indicators / Studies info 64 30
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Multiple Time Frames info Yes Yes
Mobile Charting - Drawings Autosave info Yes Yes
Mobile Economic Calendar info Yes Yes
Research Saxo Vantage
Daily Market Commentary info Yes Yes
Forex News (Top-Tier Sources) info Yes Yes
Autochartist info Yes Yes
Trading Central (Recognia) info No Yes
TipRanks info No No
Social Sentiment - Currency Pairs info Yes Yes
Economic Calendar info Yes Yes
Education Saxo Vantage
Education (Forex or CFDs) info Yes Yes
Client Webinars info Yes Yes
Client Webinars (Archived) info Yes Yes
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info Yes Yes
Investor Dictionary (Glossary) info Yes Yes
Major Forex Pairs Saxo Vantage
GBP/USD info Yes Yes
USD/JPY info Yes Yes
EUR/USD info Yes Yes
USD/CHF info Yes Yes
USD/CAD info Yes Yes
NZD/USD info Yes Yes
AUD/USD info Yes Yes
Review Saxo Review Vantage Review
Overall Saxo Vantage
Overall Rating info 5/5 Stars 4/5 Stars
Commissions & Fees 5/5 Stars 4.5/5 Stars
Range of Investments 5/5 Stars 3.5/5 Stars
Platforms & Tools 5/5 Stars 4/5 Stars
Mobile Trading 5/5 Stars 4/5 Stars
Research 5/5 Stars 4/5 Stars
Education 4/5 Stars 4/5 Stars
Trust Score info 99 90
Winner check_circle
Review Saxo Review Vantage Review
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