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Saxo logo vs Scalable Capital logo

Saxo vs Scalable Capital: 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

Side by side

Criterion Saxo Scalable Capital
Rating
Regulators Danish FSA, CBUAE, FCA, MAS, FINMA, Kanto LFB, CONSOB BaFin
Minimum deposit No minimum No minimum
Markets US exchanges (NYSE, Nasdaq), Toronto Stock Exchange, London Stock Exchange, Xetra (Deutsche Börse), Euronext +3 European Investor Exchange (Hanover Stock Exchange), gettex (Munich Stock Exchange), Xetra (Deutsche Börse)
Products stocks, ETFs, bonds, options, funds stocks, ETFs, bonds, funds
US stock or ETF order 0.08% of the order, minimum $1 €0.99 per order
Currency conversion fee 0.25% —
Investor protection Danish Guarantee Fund (cash deposits), Danish Guarantee Fund (securities not returned) Entschädigungseinrichtung deutscher Banken (statutory deposit guarantee)
Deposits and withdrawals Bank transfer, Visa / Mastercard Bank transfer
Available only in Australia, Austria, Belgium, Croatia, Czechia, Denmark +36 Germany, Austria, Italy, France, Spain, Netherlands
Founded 1992 2014
Headquarters Denmark Germany
Read review Read review

Frequently asked questions

What is the minimum deposit at Saxo and Scalable Capital?

Saxo: €0. Scalable Capital: €0.

Which regulators license Saxo and Scalable Capital?

Saxo is licensed by Danish FSA, CBUAE, FCA, MAS, FINMA, Kanto LFB, and CONSOB; Scalable Capital by BaFin.

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