BROKER COMPARISON

Binance vs Saxo Bank

An in-depth comparison to help you choose the right broker for your trading journey.

Quick Verdict

4.4/5

Best for: Crypto traders

Visit Binance

4.5/5

Best for: Professional traders

Visit Saxo Bank

Side-by-Side Comparison

Feature

Overall Rating

4.4/5

4.5/5

Minimum Deposit

$10

$2,000

Spreads From

0.1%

0.4 pips

Max Leverage

Up to 125x (Futures)

Up to 30:1 (EU)

Instruments

350+ Cryptos

71,000+

Fees Score

4.8/5

3.5/5

Platforms Score

4.5/5

4.8/5

Education Score

3.8/5

4.3/5

Safety Score

4/5

4.9/5

Platforms

Binance Web, Binance App, Binance Desktop

SaxoTraderGO, SaxoTraderPRO, SaxoInvestor

Founded

2017

1992

Headquarters

Various, Global

Copenhagen, Denmark

Pros & Cons

Pros

+ Lowest trading fees in crypto (0.1%)
+ Largest selection of cryptocurrencies (350+)
+ Advanced trading features (Futures, Margin)
+ High liquidity and fast execution
+ Earn features (Staking, Savings)

Cons

- Regulatory challenges in some regions
- Customer support can be slow
- Complex interface for beginners
- Not available in all countries

Open Binance Account

Pros

+ 71,000+ instruments
+ Award-winning platforms
+ Bank-level security
+ Premium research
+ Options and futures

Cons

- High minimum deposit ($2,000)
- Premium pricing
- Complex for beginners
- Inactivity fees

Open Saxo Bank Account

Our Recommendation

Choose

If you:

Crypto traders
Active traders
Altcoin investors
DeFi users

Visit Binance →

Choose

If you:

Professional traders
High-net-worth investors
Multi-asset portfolios

Visit Saxo Bank →

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