Updated September 29, 2026 · BrokerCue Editorial Team
Finhabits vs Saxo
Where Finhabits and Saxo differ
| Compare |  Finhabits |  Saxo |
|---|---|---|
| Minimum deposit | $0 | CHF 0 |
| Account fee | $120 | €0 |
| Markets | Stocks, ETFs | Stocks, ETFs, Forex, CFDs, Options, Futures, Bonds, FundsCovers more |
| Regulators | U.S. Securities and Exchange Commission (SEC) | Danish Financial Supervisory Authority (FSA), Financial Conduct Authority (FCA) |
| Investor protection | SIPC up to USD 500,000 | EU ICS up to EUR 20,000 |
| Account types | IRA, Roth IRA | Joint, Corporate |
| Stock trade fee | Not confirmed | $1 |
| Inactivity fee | Not confirmed | €0 |
| Retail accounts that lose money | Not confirmed | 64% |
| Currency conversion fee | Not confirmed | 0.25% |
| Options contract fee | Not confirmed | $2 |
| 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 8.5.
- Regulators: only Finhabits offers U.S. Securities and Exchange Commission (SEC).
- Regulators: only Saxo offers Danish Financial Supervisory Authority (FSA), Financial Conduct Authority (FCA).
- Saxo is licensed in 1 more country.
- Markets: only Saxo offers Forex, CFDs, Options.
- Account types: only Finhabits offers IRA, Roth IRA.
- Account types: only Saxo offers Joint, Corporate.
- Features: only Saxo offers Demo account, Fractional shares.
Our verdict on each
Finhabits
Finhabits is a US robo-advisor built for beginners, opening at a minimum deposit of $0 and running managed stocks and etfs portfolios under US regulation. The trade-off is the $120 account fee, which sits on top of the 1% management fee.
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 | Finhabits | Saxo |
|---|---|---|
| Cost | 8.1Management fee of 1% against a 0.35% median here, plus an account fee of $120 and a minimum deposit of $0. | 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 |
Side by side, item by item
| Markets | Finhabits | Saxo |
|---|---|---|
| Stocks | Yes | Yes |
| ETFs | Yes | Yes |
| Forex | No | Yes |
| CFDs | No | Yes |
| Options | No | Yes |
| Futures | No | Yes |
| Bonds | No | Yes |
| Funds | No | Yes |
| Account types | Finhabits | Saxo |
|---|---|---|
| IRA | Yes | No |
| Roth IRA | Yes | No |
| Joint | No | Yes |
| Corporate | No | Yes |
Where they rank in our lists
| Ranking | Finhabits | Saxo |
|---|---|---|
| Stock and ETF brokers | 213 of 471 | 78 of 471 |
| Investment platforms and apps | 48 of 86 | 17 of 86 |
Where each is licensed and available
| Country | Finhabits | Saxo |
|---|---|---|
| Denmark | Not confirmed | |
| United Kingdom | Not confirmed | |
| United States | Not confirmed |
Where these facts come from
Finhabits
- finhabits.com: 9 facts, checked September 26, 2026
- finder.com: 1 fact, checked September 26, 2026
- flexoffers.com: 1 fact, 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 | Finhabits | Saxo |
|---|---|---|
| Features | Mobile app | Demo account, Fractional shares, Mobile appCovers more |
| Pricing model | Not confirmed | Low fees |
| Audience | Beginners | Not confirmed |
| Legal entity | Finhabits, Inc. | Saxo Bank A/S |
| Headquarters | United States | Denmark |
| Founded | Not confirmed | 1992 |
| Support channels | Email, Phone, Help centre | Not confirmed |
Where each stands against the rest
| Fact | Finhabits | Saxo | Median |
|---|---|---|---|
| Stock trade fee | Not confirmed | $1highest quarter | $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 | Not confirmed | $2highest quarter | $0.625 |
Median across 91 listed brokers.
Pros and cons
Finhabits
Pros
- Regulated by the U.S. Securities and Exchange Commission, with investor protection listed as SIPC up to USD 500,000.
- Support runs on email, phone and help centre, so help is easy to reach.
- The portfolio build is etf focused, with picks made for you across stocks and etfs.
Cons
- The $120 account fee is the sting, sitting on top of the 1% management fee.
- The range is limited to stocks and etfs, so there is no wider asset choice.
- Account types come down to ira and roth ira options at a brand based in the United States.
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
Finhabits
Who it suits
- US beginners, since the service is built for beginners.
- Savers who want the holdings chosen for them across stocks and etfs.
- People already investing for retirement, matching the ira and roth ira list.
Who should look elsewhere
- Readers who want to pay nothing on management can start with eToro, where the fee is 0%.
- Anyone after a wider fee band should look at Vivid Standard, at 0.5% to 1.5%.
- Investors who treat the protection scheme as the deciding factor can also check Axos Invest, which names SIPC.
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 | Finhabits | Saxo |
|---|---|---|
| United States | Yes | No |
Questions about each
Finhabits
What does Finhabits cost to run an account?+
Finhabits charges a management fee of 1% on the portfolio and an account fee of $120. The account fee is the part to watch, since it is a flat charge on top of the percentage. The median management fee across the robo-advisors compared here is 0.35%.
How much do I need to put in before I can start?+
The minimum deposit is $0, so there is no floor to clear before saving begins. Accounts come as ira and roth ira options, which decides the wrapper you hold. The listed feature is mobile app, so the app is the main way in.
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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