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Bolero vs Saxo: fees, markets and protection

Facts for both companies from their official pages; each was checked on the date shown in its review.

Facts verified on October 18, 2026

Key differences

Only Saxo lists London Stock Exchange, SIX Swiss Exchange, Johannesburg Stock Exchange (JSE), and Hong Kong Exchanges (HKEX).
Only Bolero is licensed by FSMA.
Only Saxo is licensed by Danish FSA, CBUAE, FCA, MAS, FINMA, Kanto LFB, and CONSOB.

Criterion	Bolero	Saxo
Rating	4.3/5 on other platforms 3.8K ratings	4.2/5 on other platforms 9.9K ratings
Regulators	FSMA	Danish FSA, CBUAE, FCA, MAS, FINMA, Kanto LFB, CONSOB
Minimum deposit	No minimum	No minimum
Markets	Euronext, Xetra (Deutsche Börse), US exchanges (NYSE, Nasdaq), Toronto Stock Exchange	US exchanges (NYSE, Nasdaq), Toronto Stock Exchange, London Stock Exchange, Xetra (Deutsche Börse), Euronext +3
Products	stocks, ETFs, bonds, options, funds	stocks, ETFs, bonds, options, funds
Investor protection	Fonds de garantie des services financiers (dépôts), Fonds de garantie des services financiers (instruments financiers)	Danish Guarantee Fund (cash deposits), Danish Guarantee Fund (securities not returned)
Deposits and withdrawals	Bank transfer	Bank transfer, Visa / Mastercard
Available only in	Belgium	Australia, Austria, Belgium, Croatia, Czechia, Denmark +36
Founded	1999	1992
Headquarters	Belgium	Denmark
US stock or ETF order	—	0.08% of the order, minimum $1
Currency conversion fee	—	0.25%
	Read review	Read review

What is the minimum deposit at Bolero and Saxo?

Bolero: €0. Saxo: €0.

Which regulators license Bolero and Saxo?

Bolero is licensed by FSMA; Saxo by Danish FSA, CBUAE, FCA, MAS, FINMA, Kanto LFB, and CONSOB.