Updated September 29, 2026 · BrokerCue Editorial Team
Axos Invest vs Saxo
Where Axos Invest and Saxo differ
| Compare | Axos Invest ReviewSee alternativesSee alternatives |  Saxo |
|---|---|---|
| Stock trade fee | $0Lower | $1 |
| Markets | Stocks, ETFs, Options, Funds | Stocks, ETFs, Forex, CFDs, Options, Futures, Bonds, FundsCovers more |
| Regulators | SIPC | Danish Financial Supervisory Authority (FSA), Financial Conduct Authority (FCA) |
| Investor protection | SIPC up to USD 500,000 | EU ICS up to EUR 20,000 |
| Options contract fee | $0.80Lower | $2 |
| Account types | Joint, Roth IRA, IRA | Joint, Corporate |
| Minimum deposit | Not confirmed | CHF 0 |
| Account fee | Not confirmed | €0 |
| Inactivity fee | Not confirmed | €0 |
| Retail accounts that lose money | Not confirmed | 64% |
| Currency conversion fee | Not confirmed | 0.25% |
| Deposit and withdrawal fees | Not confirmed | Free deposits and withdrawals |
| Platforms | Not confirmed | SaxoInvestor, SaxoTrader |
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Key differences
- Saxo scores higher overall: 9.3 vs 8.8.
- Regulators: only Axos Invest offers SIPC.
- Regulators: only Saxo offers Danish Financial Supervisory Authority (FSA), Financial Conduct Authority (FCA).
- Saxo is licensed in 1 more country.
- Stock trade fee is lower at Axos Invest: $0 vs $1.
- Options contract fee is lower at Axos Invest: $0.80 vs $2.
- Markets: only Saxo offers Forex, CFDs, Futures.
- Account types: only Axos Invest offers Roth IRA, IRA.
- Account types: only Saxo offers Corporate.
- Features: only Saxo offers Demo account, Fractional shares.
Our verdict on each
Axos Invest
Axos Invest suits US savers who want a managed ETF portfolio alongside self-directed trading in one account. It earns its place on protection, with SIPC up to USD 500,000, while the options contract fee of $0.80 is the cost to watch if you trade options often.
Saxo
Saxo suits investors who want a Danish bank with no account or inactivity charge and a wide market list, but the stock trade fee is $1 and the FX fee is 0.25%. Costs stay predictable for long holders, less so for frequent traders.
Score breakdown
| Area | Axos Invest | Saxo |
|---|---|---|
| Cost | 8.7The $100 entry point sits above the €25 site median, and the ranking on minimum investment is 43 of 82. | 9.1HigherAccount fee and inactivity fee are both €0 and €0, and the minimum deposit is CHF 0. Stock trades cost $1. |
| Offer | 8.9 | 9.3Higher |
| Trust | 8.7 | 9.5Higher |
Positions in our rankings
| Ranking | Axos Invest | Saxo |
|---|---|---|
| Stock and ETF brokers | 172 of 471 | 78 of 471 |
| Options trading platforms | 59 of 103 | 23 of 103 |
Where each is licensed and available
| Country | Axos Invest | Saxo |
|---|---|---|
| Denmark | Not confirmed | |
| United Kingdom | Not confirmed | |
| United States | SIPC SIPC member 69507 | Not confirmed |
Choosing between them
Pick Axos Invest if stock trade fee and options contract fee matter most.
Pick Saxo if cost, offer, trust, and markets matter most.
Sources behind this comparison
Axos Invest
- axos.com: 7 facts, checked September 26, 2026
- sipc.org: 3 facts, checked September 26, 2026
Saxo
- home.saxo: 6 facts, checked September 26, 2026
- brokerchooser.com: 5 facts, checked September 26, 2026
- bestbrokers.com: 3 facts, checked September 26, 2026
- landofforex.com: 2 facts, checked September 26, 2026
- moneyland.ch: 1 fact, checked September 26, 2026
Every fact side by side
| Fact | Axos Invest | Saxo |
|---|---|---|
| Features | Mobile app | Demo account, Fractional shares, Mobile appCovers more |
| Pricing model | Commission free | Low fees |
| Legal entity | AXOS INVEST LLC | Saxo Bank A/S |
| Headquarters | Not confirmed | Denmark |
| Founded | Not confirmed | 1992 |
| Support channels | Chat, Help centre | Not confirmed |
Where each stands against the rest
| Fact | Axos Invest | Saxo | Median |
|---|---|---|---|
| Stock trade fee | $0at the median | $1highest quarter | $0 |
| Account fee | Not confirmed | €0at the median | €0 |
| Inactivity fee | Not confirmed | €0below the median | €2.45 |
| Retail accounts that lose money | Not confirmed | 64%lowest quarter | 72.05% |
| Currency conversion fee | Not confirmed | 0.25%below the median | 0.45% |
| Options contract fee | $0.80highest quarter | $2highest quarter | $0.625 |
Median across 91 listed brokers.
Pros and cons
Axos Invest
Pros
- One platform covers the managed portfolio and self-directed dealing across stocks, etfs and options.
- The managed range is ETF based, listed as etf, so diversification comes from funds rather than hand-picked shares.
- A mobile app is included, listed under mobile app, for checking the portfolio away from a desktop.
Cons
- Support runs on chat and help centre only, so there is no phone line listed for account questions.
- Account choice stops at joint, roth ira and ira, so the wrappers offered by some rivals are not part of the platform.
- The managed entry point of $100 sits above the €25 site median, and options add $0.80 a contract on top.
Saxo
Pros
- Account fee and inactivity fee are both €0 and €0
- Minimum deposit is CHF 0 and deposits and withdrawals carry no charge
- Regulated in Denmark by the Danish Financial Supervisory Authority and in the UK by the Financial Conduct Authority
Cons
- Stock trade fee of $1 sits well above the site median of €0
- FX fee of 0.25% applies on top of trading costs
- Investor protection is limited to the EU scheme at EU ICS up to EUR 20,000
Who each suits
Axos Invest
Who it suits
- US savers who want retirement wrappers, since the platform lists joint, roth ira and ira.
- Readers who keep trading costs down, since stock trades cost $0 and the pricing model is commission free.
- Couples investing together, since a joint account forms part of joint, roth ira and ira.
Who should look elsewhere
- Anyone who wants to begin with no outlay, since Acorns Checking asks $0.
- Readers who prefer a smaller euro ticket, since Vivid Standard opens at €2.
Saxo
Who it suits
- Investors holding stocks and ETFs long term who want no account or inactivity charge
- Traders who need forex, options, futures and CFDs on one account
- Joint and corporate account holders
Who should look elsewhere
- Beginners wanting commission-free share dealing, where eToro charges $0 per trade
- Small-balance traders unwilling to meet the Vantage minimum deposit of $5
- Frequent currency converters put off by the 0.25% FX fee
Country by country
| Country | Axos Invest | Saxo |
|---|---|---|
| United States | Yes | No |
Questions about each
Axos Invest
What does it cost to trade stocks and options on Axos Invest?+
Axos Invest charges $0 for a stock trade on the self-directed side, and the pricing model is listed as commission free. Options carry a contract fee of $0.80, so a strategy leaning on options pays more per trade than one that only buys shares and funds.
How much do I need to start a managed portfolio?+
The managed portfolios start at $100, so a single transfer of that size opens the account. That is lighter than eToro, which asks $500 for its portfolios, and it leaves room to add money in stages rather than committing a large sum on day one.
Saxo
What does Saxo charge to hold an account?+
The account fee is €0 and the inactivity fee is €0, so there is no annual or dormancy charge. Saxo ranks 1 of 138 on account fee and 1 of 56 on inactivity fee. That makes it a straightforward choice for long-term holdings.
How much does it cost to buy a stock?+
Stock trades cost $1 through Saxo. That places it at 107 of 161 on this measure, and above the site median of €0. Active share traders should weigh that before opening.
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