eToro versus Saxo Capital Markets

With 25M+ traders, eToro ranks among the leading social trading brokers, with CopyTrader, CopyPortfolios, and in-house managed thematic investment portfolios at its core. It serves beginners via the eToro Academy, eToro plus, and The Bull Club. Its latest cryptocurrency venture, an NFT fund, adds to its investment in the sector, catering well to its client base of millennial and GenZ traders.

Saxo Capital Markets provides clients with cutting-edge proprietary trading platforms for advanced traders with algorithmic trading support. It also maintains OpenAPI for Excel, services by TradingView, home to an active and growing community of retail traders, and MultiCharts.

We have conducted an in-depth review of eToro and Saxo Capital Markets to determine which one presents the better overall choice and which traders will benefit the most at either broker.

• Features and Platforms
• Available Markets
• Typical Spreads and Fees
• Security and Trust
• eToro vs. Saxo Capital Markets - Verdict

Features and Platforms

Features & Platforms	eToro (visit site)	Saxo Capital Markets (visit site)
Headquarter:	Israel	Denmark
Established :	2007	1992
Retail Loss Rate:	Undisclosed	67.00%
Regulation:
Minimum Deposit:	$10 - $10,000	$500
Demo Account:
Managed Account:
Islamic Account:
Inactivity Fee	$10 monthly after 12 months	£25 quarterly
Deposit Fee:	Third-Party	Third-Party
Withdrawal Fee	Yes + Third-Party	Third-Party
Funding Methods:	10	2
MT4:
MT5:
cTrader:
Proprietary Platform:
Automated Trading:
Social / Copy Trading:
MT4/MT5 Add-ons:
Guaranteed Stop Loss:
Negative Balance Protection:
Bonuses and Promotions:
Unique Feature One:	Large trading community	International Bank
Unique Feature Two:	Copy-trading platform	Excellent Asset Selection
Broker Offers:	See what eToro offers*74% of retail CFD accounts lose money	See what Saxo Capital Markets offers

Noteworthy:

eToro continues growing its cryptocurrency presence, meeting client demand, while Saxo Capital Markets remains a leading international broker and liquidity provider with quality research and education.

Available Markets

The asset selection at eToro provides most traders with sufficient assets to diversify portfolios with 2,000+ CFDs and in-house managed thematic portfolios. Saxo Capital Markets ranks among the leading brokers in this category with 60,000 trading instruments listed on 120 global exchanges, making it ideal for traders, investors, and asset managers.

Typical Spreads and Fees

Forex and CFD traders get notably lower trading costs at Saxo Capital Markets with minimum spreads of 0.6 pips or $6.00 per lot and equity commissions of 0.05% versus 1.0 pips or $10.00 and 0.09% at eToro. Long-term investors get commission-free share dealing at eToro, delivering a pricing advantage.