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    Saxo logo vs XTB logo

    Saxo vs XTB: 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 XTB
    Rating
    4.2/5 on other platforms 9.9K ratings
    4.5/5 on other platforms 186K ratings
    Regulators Danish FSA, CBUAE, FCA, MAS, FINMA, Kanto LFB, CONSOB KNF, CNMV, ACPR, BaFin, CMVM, CySEC, FSC Belize, DFSA, CMF (Chile)
    Minimum deposit No minimum No minimum
    Markets US exchanges (NYSE, Nasdaq), Toronto Stock Exchange, London Stock Exchange, Xetra (Deutsche Börse), Euronext +3 US exchanges (NYSE, Nasdaq)
    Products stocks, ETFs, bonds, options, funds stocks, ETFs, fractional shares
    US stock or ETF order 0.08% of the order, minimum $1 €0 per order
    Currency conversion fee 0.25% 0.5%
    Investor protection Danish Guarantee Fund (cash deposits), Danish Guarantee Fund (securities not returned) Protection of uninvested funds
    Deposits and withdrawals Bank transfer, Visa / Mastercard Visa / Mastercard, Bank transfer, PayPal
    Available only in Australia, Austria, Belgium, Croatia, Czechia, Denmark +36 Angola, Bermuda, Georgia, North Macedonia, Malaysia, Mauritania +40
    Founded 1992 —
    Headquarters Denmark —
    Read review Read review

    Frequently asked questions

    What is the minimum deposit at Saxo and XTB?

    Saxo: €0. XTB: $0.

    Which regulators license Saxo and XTB?

    Saxo is licensed by Danish FSA, CBUAE, FCA, MAS, FINMA, Kanto LFB, and CONSOB; XTB by KNF, CNMV, ACPR, BaFin, CMVM, CySEC, FSC Belize, DFSA, and CMF (Chile).

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