Admirals and Saxo Bank compete for crypto CFD exposure within regulated, multi-asset platforms. The tension centers on platform choice, coin coverage, and pricing transparency.
Admirals and Saxo Bank are closely matched overall; Admirals lists 30 crypto CFDs and offers 24/5 live chat, while Saxo delivers a proprietary platform with transparent pricing.
Which exchange wins for each type of crypto trader, based on security, fees, coin selection, and editorial scoring.
Saxo Bank wins for security due to the Danish banking licence and audited accounts.
Equally matched on fees; both score 3.7/5 in Fees & Spreads.
| Criteria | ||
|---|---|---|
| Editorial score | 3.9/ 5 | 3.9/ 5 |
| Min Deposit | No minimum | No minimum |
| Spreads From | 0.5 pips▼ lower | 0.6 pips |
| Taker Fee | 6.00% | N/A |
A closer look at the specific criteria each exchange meets or misses within each scoring category.
| Criteria | Admirals | Saxo Bank |
|---|---|---|
| Security | ||
| Cold storage for assets | Fail | Fail |
| Proof of reserves published | Fail | Fail |
| Segregated client funds | Pass | Pass |
| Top-tier regulator (FCA, ASIC, etc.) | Pass | Pass |
| Fees | ||
| No deposit fee | Pass | Pass |
| No inactivity fee | Pass | Fail |
| Transparent pricing page | Fail | Pass |
| Features | ||
| Staking available | Fail | Fail |
| DeFi integration | Fail | Fail |
| NFT trading | Fail | Fail |
| 500+ coins listed | Fail | Fail |
| Support | ||
| Mobile app | Pass | Pass |
| 24/5 live chat | Pass | Fail |
| Phone support | Pass | Pass |
Admirals and Saxo Bank share the same editorial score of 3.9/5. One concrete differentiator: Admirals has tighter spreads from 0.5 pips.
Admirals lists a lower spread from 0.5, compared with Saxo Bank's 0.6. Crypto trading costs are typically quoted as a percentage of the trade value; check each exchange's full fee schedule, as maker/taker rates and volume discounts vary.
Neither Admirals nor Saxo Bank requires a minimum deposit, making both accessible regardless of starting capital.
Both Admirals and Saxo Bank hold licences from top-tier regulators, indicating a high standard of regulatory oversight. Check each exchange's specific regulatory bodies to confirm coverage in your jurisdiction.
For beginners, both exchanges provide negative balance protection. Also compare demo account availability and educational resources on each exchange's site before deciding.
Admirals offers up to 2:1 on perpetual or margin products, versus Saxo Bank's 2:1 cap. Margin and futures trading carry higher risk than spot crypto; confirm product availability and jurisdiction-specific limits on each exchange's website.
Admirals charges $6 per trade on commission-based accounts. Commission details for Saxo Bank are not currently available. Check their website for up-to-date pricing. Crypto fees are typically quoted as maker/taker rates rather than fixed per-trade commissions; check each exchange's fee schedule for volume-based discounts.
Admirals supports MetaTrader 5, MetaTrader 4, while Saxo Bank supports SaxoTraderGO, Proprietary Web/Mobile. Admirals has exclusive access to MetaTrader 5 and MetaTrader 4. Saxo Bank has exclusive access to SaxoTraderGO and Proprietary Web/Mobile.
Admirals scores better on fee criteria (no deposit fee, no inactivity fee). Always check both exchanges' current fee schedules, as maker/taker rates and withdrawal fees vary and are subject to change.
Admirals wins for coin selection with 30 CFDs versus about 20.
Admirals wins for beginners due to zero minimum deposit and FSCS protection.
Equally matched on DeFi and Web3 capabilities.
| 1.1 pips |
| N/A |
| Inactivity Fee | $10/month (after 24 months)▼ lower | $100/quarter (low-balance accounts) |
|---|
| Deposit Fee | Free | Free |
|---|
| Deposit methods | Bank transferCredit cardDebit cardSkrillNeteller | Bank transferCredit cardDebit card |
|---|
| Withdrawal methods | Bank transferCredit cardSkrillNeteller | Bank transfer |
|---|
| Withdrawal Fee | Free | Free |
|---|
| Regulators | FCA ASIC CySEC KNF | FCA ASIC JFSA MAS DFSA FINMA Finanstilsynet ACPR CNMV Finanstilsynet MFSA SFC Finansinspektionen CBI KNF CMA FSC |
|---|
| Cold Storage | No | No |
|---|
| Proof of Reserves | No | No |
|---|
| Staking | No | No |
|---|
| DeFi Integration | No | No |
|---|
| NFT Trading | No | No |
|---|
| 500+ Coins | No | No |
|---|
| P2P Trading | No | No |
|---|
| Crypto Earn / Savings | No | No |
|---|
| Token Launchpad | No | No |
|---|
Dig deeper into each broker’s features, fees, and regulation.
Score 3.9 / 5
Score 3.9 / 5
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