24option vs Saxo Bank

24option was founded in 2010 and initially specialised in binary options trading. However, this is no longer offered in Europe. Instead, since 2018 24option has focused entirely on trading Forex and CFDs. The broker is based in Cyprus and is regulated by the Cypriot financial supervisory authority CySec. Saxo Bank is a Danish online investment bank founded in 1992. The bank is headquartered in Copenhagen and employs around 900 people. Saxo Bank offers its clients futures and equities as well as forex trading. More than 160 currency pairs can be traded.

Broker 24option Saxo Bank XM
Headquarters Cyprus Copenhagen Cyprus
Spanish
MM/STP Broker
ECN Broker
Founded 2010                       1992                       2009
Regulated By CySEC
Regulated By NFA
Regulated By FCA
Regulated By ASIC
Minimum Deposit $ 250 $10,000 $5
Maximum Leverage 1:400 1:100 1:500
Minimum Trade 0.01 Lots 0.01 Lots 0.01 Lots
Commission
Deposit Fee
Withdrawal Fee
Fixed Spreads
Variable Spreads
EUR/USD Spread (Variable) 3.00 1.00 0.50
View all spreads View all spreads View all spreads
Demo Account
Micro Account
Zero Spread Account
Islamic Account
Deposit Bonus
No Deposit Bonus
Currency Pairs 40 139 57
CFDs 139 9000 356
Cryptocurrencies
Stocks
Indices
Energies
Metals
View Instruments View Instruments View Instruments
MetaTrader 4
MetaTrader 5
Mobile App
iOS
Android
Web Platform
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Signals
Scalping
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VPS
Expert Advisor
PayPal
Neteller
Skrill                                            
Payoneer
Credit Card
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