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Broker Comparison

Eightcap vs Saxo

Compare Eightcap and Saxo side by side: fees, regulation, platforms.

Eightcap

Eightcap

CFD traders who use MT5 or TradingView

Eightcap is a CFD broker offering forex, shares, indices, commodities and crypto on MT5 and TradingView, withโ€ฆ

VS
Saxo

Saxo

Multi-asset investors and active traders

Saxo is a Danish bank and broker with investing and trading platforms covering stocks, ETFs, funds, bonds, opโ€ฆ

Head-to-head comparison

Eightcap vs Saxo
Feature Eightcap Saxo
Minimum deposit โ‚ฌ100 No minimum deposit
Stock trading fee โ€” Commissions from $1 on US stocks; commissions from EUR 2 on Euronext Amsterdam, Lisbon, and Paris
Regulators CySEC DANISH FSA
Best for CFD traders who use MT5 or TradingView Multi-asset investors and active traders
Markets & account
Stocks
ETFs
Forex
CFDs
Crypto
โ€”
Bonds
โ€”
Options
โ€”
Futures
โ€”
Demo Account
Funds
โ€”
Margin
โ€”
Business Account
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Pros & cons

Eightcap

Eightcap

Pros

  • Raw account spreads start from 0.0 pips
  • Standard and TradingView accounts show no commission
  • No internal fees for deposits or withdrawals
  • TradingView account includes Pine Script automation
  • Demo accounts allow up to 35 days or 5000 orders
  • EUR, GBP and USD account base currencies are available

Cons

  • Raw account commission is 2.75 EUR, 3.5 USD or 2.25 GBP
  • All listed account types require a โ‚ฌ100 minimum deposit
  • Bank withdrawals can take 3-7 working days
  • Wire withdrawals may cost $/ยฃ 8 or โ‚ฌ4 - โ‚ฌ10 EUR
  • Demo accounts expire after 35 days or 5000 orders
  • No interest is paid on account funds
  • Professional clients may not get negative balance protection
Saxo

Saxo

Pros

  • No platform fee and no inactivity fee
  • No minimum deposit for individual accounts
  • US stock and ETF commissions start from $1
  • 20-day demo account includes USD 100,000 simulated funds
  • Currency conversion fee capped at ยฑ0.25%
  • Mutual funds have $0 commission, custody, and platform fees
  • One login gives access to SaxoInvestor and SaxoTrader

Cons

  • Classic custody fee is 0.15% p.a. on stocks, ETFs/ETCs, and bonds
  • Manual orders by phone, chat, or email cost EUR 50
  • Classic emailed reports cost USD 50 per request
  • Classic and Platinum instrument additions cost USD 200
  • Terminated accounts can incur EUR 15 per month administration fee
  • Proxy voting costs EUR 30 annually plus EUR 5 per vote
  • Some desktop market data features require a subscription
Eightcap

Eightcap

Eightcap is a CFD broker offering forex, shares, indices, commodities and crypto on MT5 and TradingView, with a โ‚ฌ100 minimum deposit.

Your capital is at risk. Other fees apply.

Saxo

Saxo

Saxo is a Danish bank and broker with investing and trading platforms covering stocks, ETFs, funds, bonds, options, CFDs, forex, and futures.

Your capital is at risk. Other fees apply.

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