Which trading platform is best, Saxo Markets or Spreadex?Saxo Markets is objectively a better trading platform compared to Spreadex when judged on the criteria below, it offers the most markets to trade, provides the most added value to its clients and has the most trading platforms when compared to Spreadex. However, Spreadex outperformed Saxo Capital Markets in the customer reviews, lowest trading costs and highest margin categories. Compare Saxo Capital Markets with Spreadex. Check broker fees, charges, features and tools to see which broker is best. Saxo Capital vs Spreadex which broker is best for you?
62% of retail investor accounts lose money when trading spread bets and CFDs with this provider.
|Saxo Markets Reviews|
Saxo Markets Total Markets
Saxo Markets Key Info
|Number Active Clients||525000|
|Inactivity Fee||£25 per quarter|
Saxo Markets Account Types
|DMA (Direct Market Access)||✔️|
Saxo Markets Average Fees
|US Stocks||$0.01 per share|
|Compare Alternatives||Saxo Markets Versus IG|
|Saxo Markets Versus CMC Markets|
|Saxo Markets Versus Pepperstone|
|Saxo Markets Versus City Index|
|Saxo Markets Versus Spreadex|
67% of retail investor accounts lose money when trading spread bets and CFDs with this provider.
Spreadex Total Markets
Spreadex Key Info
|Number Active Clients||4000|
Spreadex Account Types
|DMA (Direct Market Access)||❌|
Spreadex Average Fees
|Compare Alternatives||Spreadex Versus IG|
|Spreadex Versus CMC Markets|
|Spreadex Versus Pepperstone|
|Spreadex Versus City Index|
|Spreadex Versus Saxo Markets|
Which trading platform has the best customer reviews?
Spreadex has better customer reviews compared to Saxo Markets in the Good Money Guides unique multi-factor rating system. Under that methodology, Spreadex scored 4.125 out of 5.0 versus Saxo Markets rating of 3.625.
Spreadex also achieved higher ratings in both the Good Money Guide reviews and those on Trustpilot and in the Apple and Google Play app store reviews too.
Which trading platform offers the most markets?
Saxo Markets offers the most markets to trade with 19,000 instruments available for its clients to trade compared to the 10,000 markets in total on offer at Spreadex.
However, Spreadex does offer more equity indices than Saxo Markets and has a greater range of commodities too.
Which trading platform offers the most platforms?
Saxo Markets offers the most trading platforms; it has two in-house dealing systems SaxoGo and the more advanced SaxoPro alongside the Metaquotes MT4 platform.
Saxo Markets additionally offers connectivity to third-party apps such as TradingView and Multicharts, from which, you can trade through the broker.
Spreadex has its own in house trading platform, in both desktop and mobile configurations.
Which trading platform offers the most different types of account?
Saxo Markets offers more different types of accounts than Spreadex. Saxo Markets has 5 account types in all accounts; these are FX, CFD trading, DMA or Direct Market Access, Futures and Options trading, as well as an investment account.
Spreadex offers separate accounts for, FX, CFD trading and Spread Betting.
Which trading platform is a more established business?
Saxo Markets is more established than Spreadex as it was founded in Denmark in 1992 with the broker opening a permanent presence in London in 2006. Spreadex was established in 1999 and both companies are privately owned and held.
Which trading platform has the lowest trading costs?
Spreadex has lower trading costs than Saxo Markets across three key instrument categories, being FX, equity indices and commodities.
However, Saxo Markets does have lower trading costs than Spreadex, in individual equities.
Which trading platform offers the most margin?
Spreadex offers the most margin and leverage ratios of up to 200:1 are available to professional clients of the broker. That compares to the maximum of 50:1 that pro clients can access at Saxo Markets.
For retail clients both Spreadex and Saxo Markets apply the FCA/ ESMA margin restrictions. These are the highest leverage ratios that retail traders can access in both the UK and Europe under current legislation.
Which trading platform offers the lowest overnight financing rates?
Spreadex offers the lowest overnight financing rates in the majority of those instruments where a direct comparison was possible such as UK and US equities.
However, Saxo Markets does offer lower overnight funding charges in FX trading than Spreadex, with a markup of 0.75% versus the charge of 0.80% at Spreadex.
Which trading platform offers the most added value?
Saxo Markets offers the most added value thanks to the breadth of its research coverage which is more extensive and wide-ranging than that of its smaller rivals Spreadex.
However, both firms score 5.0 out of a maximum of 6.0 points in this category. Providing their clients with personal service, educational resources, research and market analysis, as well as news feeds and charting software.