AMarketsvs
Saxo BankCrypto Exchange Comparison
This comparison pits an offshore CFD broker against a regulator-backed, multi-asset platform. The tension centers on regulation quality, platform depth, and crypto coverage.
Our Verdict
Saxo Bank winsClear Winner
Saxo Bank edges AMarkets on the editorial score (3.9 vs 3.3). Its stronger trust/regulation and platform capabilities explain the gap.
Saxo Bank
3.9/5
AMarkets
3.3/5
Key Differences
- 1AMarkets offers 24/5 live chat while Saxo Bank does not.
- 2AMarkets lists 8 coins vs Saxo Bank's 20.
- 3Saxo Bank has top-tier regulation and compensation scheme; AMarkets does not.
Who should choose AMarkets vs Saxo Bank?
Find out which crypto exchange best suits your trading profile.
Verdict by Trader Profile
Which exchange wins for each type of crypto trader, based on security, fees, coin selection, and editorial scoring.
Best for security
Recommended
Saxo Bank wins for security with Danish licensing and multiple regulators.
Best for low fees
Recommended
AMarkets offers lower fees with competitive spreads on standard and ECN accounts.
AMarkets vs Saxo Bank: Side-by-Side Crypto Exchange Comparison
| Criteria |  AMarkets |  Saxo Bank |
|---|---|---|
| Editorial score | 3.3/ 5 | 3.9/ 5 |
| Min Deposit | $100 | No minimum▼ lower |
| Spreads From | 0 pips▼ lower | 0.6 pips |
| Taker Fee | 6.00% | N/A |
AMarkets vs Saxo Bank Crypto Exchange Pros & Cons
Pros
- Crypto CFDs available with high leverage options
- MT4/MT5 with copy trading integration
- Low spreads on standard and ECN account types
Cons
- Offshore regulation (SVG/FSA), minimal investor protection
- 3000:1 leverage on forex is extremely high-risk
AMarkets vs Saxo Bank: Detailed Category Breakdown
A closer look at the specific criteria each exchange meets or misses within each scoring category.
1
AMarkets
criteria win
2
Saxo Bank
criteria wins
Highlighted rows show where the two exchanges differ
| Criteria | AMarkets | 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.) | Fail | Pass |
| Fees | ||
| No deposit fee | Pass | Pass |
| No inactivity fee | Fail | 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 |
AMarkets vs Saxo Bank: Frequently Asked Questions
Saxo Bank rates 3.9/5 versus 3.3/5 for AMarkets. Saxo Bank edges ahead on our composite score, though both exchanges meet a reasonable standard for most traders.
AMarkets lists a lower spread from 0, 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.
Saxo Bank has no minimum deposit, while AMarkets requires at least $100. This makes Saxo Bank more accessible for traders looking to start with a smaller crypto investment.
Saxo Bank holds top-tier regulation (DFSA, FCA, JFSA), providing stronger investor protections. AMarkets may be regulated but does not hold top-tier status in our data. Verify regulatory status on each regulator's public register before depositing funds.
Saxo Bank stands out for beginners: it has a lower entry point and provides negative balance protection, which caps losses at your deposited amount. Also compare demo account availability and educational resources before deciding.
AMarkets 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.
AMarkets 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.
AMarkets supports cTrader, MetaTrader 5, MetaTrader 4, while Saxo Bank supports SaxoTraderGO, Proprietary Web/Mobile. AMarkets has exclusive access to cTrader and MetaTrader 5 and MetaTrader 4. Saxo Bank has exclusive access to SaxoTraderGO and Proprietary Web/Mobile.
