BingX operates as a native crypto exchange with broad asset coverage. Saxo Bank offers crypto CFDs within a regulated framework.
Find out which crypto exchange best suits your trading profile.
Choose if…
Choose BingX if you want an own native exchange with 700+ assets and no inactivity fee.
Choose if…
Choose Saxo Bank if you want regulated crypto CFDs with phone support.
Which exchange wins for each type of crypto trader, based on security, fees, coin selection, and editorial scoring.
| Criteria | ||
|---|---|---|
| Editorial score | 3.9/ 5 | 3.9/ 5 |
| Min Deposit | No minimum | No minimum |
| Spreads From | N/A | 0.6 pips |
| Taker Fee | 0.10% | N/A |
A closer look at the specific criteria each exchange meets or misses within each scoring category.
| Criteria | BingX | Saxo Bank |
|---|---|---|
| Security | ||
| Cold storage for assets | Pass | Fail |
| Proof of reserves published | Pass | Fail |
| Segregated client funds | Fail | Pass |
| Top-tier regulator (FCA, ASIC, etc.) | Fail | Pass |
| Fees | ||
| No deposit fee | Pass | Pass |
| No inactivity fee | Pass | Fail |
| Transparent pricing page | Pass | Pass |
| Features | ||
| Staking available | Fail | Fail |
| DeFi integration | Fail | Fail |
| NFT trading | Fail | Fail |
| 500+ coins listed | Pass | Fail |
| Support | ||
| Mobile app | Pass | Pass |
| 24/5 live chat | Pass | Fail |
| Phone support | Fail | Pass |
BingX and Saxo Bank share the same editorial score of 3.9/5. One concrete differentiator: Saxo Bank holds top-tier regulatory status.
Saxo Bank lists a spread from 0.6. Current spread data is not available for BingX. Check both exchanges' full fee schedules, including maker/taker rates, for up-to-date pricing.
Neither BingX nor Saxo Bank requires a minimum deposit, making both accessible regardless of starting capital.
Saxo Bank holds top-tier regulation (ASIC, JFSA, CNMV), providing stronger investor protections. BingX 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.
For beginners, Saxo Bank provides negative balance protection, capping losses at your deposit amount. Also compare demo account availability and educational resources on each exchange's site before deciding.
BingX offers up to 150:1 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.
BingX charges $0.1 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.
BingX supports Proprietary Web/Mobile, while Saxo Bank supports Proprietary Web/Mobile, SaxoTraderGO. Both provide Proprietary Web/Mobile. Saxo Bank has exclusive access to SaxoTraderGO.
BingX 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.
BingX lists 500+ coins while Saxo Bank does not meet this threshold in our data. For traders who want access to many altcoins, BingX has the broader selection. Confirm specific coin availability for your region on each exchange's website.
Saxo Bank wins with multi-licence regulation and segregated funds.
BingX offers copy trading with transparent strategies.
Equally matched.
| N/A |
| N/A |
| Inactivity Fee | None | $100/quarter (low-balance accounts) |
|---|
| Deposit Fee | Free | Free |
|---|
| Deposit methods | CryptoBank transferCredit cardDebit card | Bank transferCredit cardDebit card |
|---|
| Withdrawal methods | CryptoBank transfer | Bank transfer |
|---|
| Withdrawal Fee | Network fee only | Free |
|---|
| Regulators | VARA | ASIC JFSA CNMV FCA MAS SFC DFSA MFSA KNF Finansinspektionen CBI CMA ACPR Finanstilsynet FINMA Finanstilsynet FSC |
|---|
| Cold Storage | Yes | No |
|---|
| Proof of Reserves | Yes | No |
|---|
| Staking | No | No |
|---|
| DeFi Integration | No | No |
|---|
| NFT Trading | No | No |
|---|
| 500+ Coins | Yes | No |
|---|
| P2P Trading | No | No |
|---|
| Crypto Earn / Savings | No | No |
|---|
| Token Launchpad | No | No |
|---|
| Active bonuses | 2 offers | None |
|---|
BingX and Saxo Bank remain closely matched, but the clearest differentiator is BingX's own exchange with 700+ assets and proof of reserves versus Saxo Bank's crypto CFDs on about 20 tokens.
Dig deeper into each broker’s features, fees, and regulation.
Score 3.9 / 5
Score 3.9 / 5
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