Saxo Bank vs iForex

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. iForex is a trademark of Cyprus-based iForex (Cyprus) Ltd. The broker is regulated by the CySEC. iForex Ltd. was founded in 1996 and is now one of the most renowned financial service providers. Customers can trade not only currencies, but also indices, commodities and CFDs via the broker.

Broker Saxo Bank iForex XM
Headquarters Copenhagen Cyprus Cyprus
Spanish
MM/STP Broker
ECN Broker
Founded 1992                       1996                       2009
Regulated By CySEC
Regulated By NFA
Regulated By FCA
Regulated By ASIC
Minimum Deposit $ 10,000 $100 $5
Maximum Leverage 1:100 1:30 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) 1.00 2.00 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 139 90 57
CFDs 9000 600 356
Cryptocurrencies
Stocks
Indices
Energies
Metals
View Instruments View Instruments View Instruments
MetaTrader 4
MetaTrader 5
Mobile App
iOS
Android
Web Platform
cTrader
NinjaTrader
Mirror Trader
ZuluTrade
Social Trading
Signals
Scalping
Hedging
VPS
Expert Advisor
PayPal
Neteller
Skrill                                            
Payoneer
Credit Card
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