Updated September 29, 2026 · BrokerCue Editorial Team
Saxo vs Wealthify
Where Saxo and Wealthify differ
| Compare |  Saxo |  Wealthify |
|---|---|---|
| Minimum deposit | CHF 0 | £1,000 |
| Markets | Stocks, ETFs, Forex, CFDs, Options, Futures, Bonds, FundsCovers more | Stocks, ETFs, Bonds, Funds |
| Regulators | Danish Financial Supervisory Authority (FSA), Financial Conduct Authority (FCA) | Financial Conduct Authority |
| Investor protection | EU ICS up to EUR 20,000 | FSCS up to GBP 85,000 |
| Deposit and withdrawal fees | Free deposits and withdrawals | No fees for deposits, withdrawals or transfers |
| Platforms | SaxoInvestor, SaxoTrader | Web, iOS app, Android app |
| Account types | Joint, Corporate | ISA, SIPP |
| Stock trade fee | $1 | Not confirmed |
| Account fee | €0 | Not confirmed |
| Inactivity fee | €0 | Not confirmed |
| Retail accounts that lose money | 64% | Not confirmed |
| Currency conversion fee | 0.25% | Not confirmed |
| Options contract fee | $2 | Not confirmed |
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Key differences
- Saxo scores higher overall: 9.3 vs 8.8.
- Regulators: only Saxo offers Danish Financial Supervisory Authority (FSA), Financial Conduct Authority (FCA).
- Regulators: only Wealthify offers Financial Conduct Authority.
- Founded is lower at Saxo: 1992 vs 2016.
- Markets: only Saxo offers Forex, CFDs, Options.
- Platforms: only Saxo offers SaxoInvestor, SaxoTrader.
- Platforms: only Wealthify offers Web, iOS app, Android app.
- Account types: only Saxo offers Joint, Corporate.
- Account types: only Wealthify offers ISA, SIPP.
- Features: only Saxo offers Demo account, Fractional shares.
Our verdict on each
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.
Wealthify
Wealthify suits UK beginners who want a managed portfolio rather than a dealing account, with a minimum investment of £1,000 to £5,000. The appeal is the managed approach and the ISA and SIPP choice; the drawback is a starting amount well above most rivals.
Score breakdown
| Area | Saxo | Wealthify |
|---|---|---|
| Cost | 9.1HigherAccount fee and inactivity fee are both €0 and €0, and the minimum deposit is CHF 0. Stock trades cost $1. | 8.5Management fee of 0.6%, and a minimum investment running £1,000 to £5,000, both inside the robo-advisor field. |
| Offer | 9.3 | 9.4Higher |
| Trust | 9.5Higher | 8.7 |
Feature by feature
| Markets | Saxo | Wealthify |
|---|---|---|
| Stocks | Yes | Yes |
| ETFs | Yes | Yes |
| Forex | Yes | No |
| CFDs | Yes | No |
| Options | Yes | No |
| Futures | Yes | No |
| Bonds | Yes | Yes |
| Funds | Yes | Yes |
| Account types | Saxo | Wealthify |
|---|---|---|
| ISA | No | Yes |
| SIPP | No | Yes |
| Joint | Yes | No |
| Corporate | Yes | No |
Positions in our rankings
| Ranking | Saxo | Wealthify |
|---|---|---|
| Stock and ETF brokers | 78 of 471 | 190 of 471 |
| Investment platforms and apps | 17 of 86 | 40 of 86 |
Where each is licensed and available
| Country | Saxo | Wealthify |
|---|---|---|
| Denmark | Not confirmed | |
| United Kingdom | Not confirmed |
What we checked
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
Wealthify
- wealthify.com: 12 facts, checked September 26, 2026
Every fact side by side
| Fact | Saxo | Wealthify |
|---|---|---|
| Features | Demo account, Fractional shares, Mobile appCovers more | Mobile app |
| Pricing model | Low fees | Low fees |
| Audience | Not confirmed | Beginners |
| Legal entity | Saxo Bank A/S | Wealthify Limited |
| Headquarters | Denmark | United Kingdom |
| Founded | 1992Lower | 2016 |
| Support channels | Not confirmed | Email, Chat, Phone, Help centre |
Where each stands against the rest
| Fact | Saxo | Wealthify | Median |
|---|---|---|---|
| Stock trade fee | $1highest quarter | Not confirmed | $0 |
| Account fee | €0at the median | Not confirmed | €0 |
| Inactivity fee | €0below the median | Not confirmed | €2.45 |
| Retail accounts that lose money | 64%lowest quarter | Not confirmed | 72.05% |
| Currency conversion fee | 0.25%below the median | Not confirmed | 0.45% |
| Options contract fee | $2highest quarter | Not confirmed | $0.625 |
Median across 91 listed brokers.
Pros and cons
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
Wealthify
Pros
- A management fee of 0.6% sits below the 0.5% to 1.5% charged on Vivid Standard business plans.
- The whole account is reachable through Web, iOS app and Android app, so a phone and a browser cover it end to end.
- Support runs on email, chat and phone, putting phone and chat help alongside email.
Cons
- The minimum investment of £1,000 to £5,000 is well above the $100 entry point at Axos Invest, and Wealthify ranks 68 of 82 brands on this measure.
- The management fee of 0.6% is not the lowest available, since eToro charges a management fee of 0%.
- The account line-up covers isa and sipp only, with no joint, corporate or general investment account in the range.
Who each suits
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
Wealthify
Who it suits
- Beginners who want a portfolio chosen for them and an app in their hand, with Web, iOS app and Android app and an audience of beginners.
- Savers building an ISA or SIPP through isa and sipp who can clear a £1,000 to £5,000 minimum and prefer one recurring charge.
- Readers who value being able to ask a question, with email, chat and phone available across phone, chat and email.
Who should look elsewhere
- Anyone starting below £1,000 to £5,000: Axos Invest takes a managed portfolio minimum of $100, quoted in US dollars.
- Readers whose first question is the smallest ongoing charge: eToro's management fee is 0%.
- Traders who want to place their own orders: Wealthify runs the low fees managed model around portfolios in esg and cash rather than self-directed dealing.
Questions about each
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.
Wealthify
What does Wealthify charge?+
Wealthify charges a single management fee of 0.6% on the portfolio it manages, and the same fee applies to both account types in the range. Deposits, withdrawals and transfers are not charged either, so the recurring percentage is the number to hold on to when you compare. There is no order ticket to price on this account.
How much do I need to start with Wealthify?+
The minimum investment runs £1,000 to £5,000, and the minimum deposit is £1,000. That is a high starting point for a robo-advisor: Axos Invest quotes a managed portfolio minimum of $100 in US dollars, and the median minimum across the brands compared is €25. Anyone starting below Wealthify's threshold needs a different provider.
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