FxProvs
Saxo BankCrypto Exchange Comparison
FxPro and Saxo Bank face off in a crypto CFD comparison, weighing platform breadth against regulation and coin coverage. The tension lies in fees, pricing transparency, and crypto availability.
Our Verdict
Too close to call
FxPro and Saxo Bank are closely matched overall. The clearest differentiator is Saxo Bank's broader crypto coin selection.
No commercial relationship. The verdict and scores are entirely editorial. No payment influences this comparison.
Key Differences
- 1Saxo Bank lists more coins than FxPro (20 vs 8).
- 2FxPro offers 24/5 live chat; Saxo Bank does not.
- 3FxPro has no inactivity fee; Saxo Bank charges inactivity fees.
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
It’s a tie
Both equally suited
Saxo Bank wins for security, backed by a Danish banking licence and audited public accounts.
Best for low fees
Recommended
FxPro is better for low ongoing costs due to no inactivity fee.
FxPro vs Saxo Bank: Side-by-Side Crypto Exchange Comparison
| Criteria |  FxPro |  Saxo Bank |
|---|---|---|
| Editorial score | 3.9/ 5 | 3.9/ 5 |
| Min Deposit | $100 | No minimum▼ lower |
| Spreads From | 1.2 pips | 0.6 pips▼ lower |
| Taker Fee | 7.00% | N/A |
FxPro vs Saxo Bank Crypto Exchange Pros & Cons
Pros
- All four major platforms (MT4, MT5, cTrader, FXPro Direct) support crypto CFDs
- FCA and CySEC regulated with FSCS protection for UK clients
- No minimum deposit; no inactivity fee on active accounts
- Strong overall multi-asset offering, crypto alongside forex, indices, and commodities
Cons
- Narrow crypto coin selection focused on major pairs only
FxPro vs Saxo Bank: Detailed Category Breakdown
A closer look at the specific criteria each exchange meets or misses within each scoring category.
2
FxPro
criteria wins
1
Saxo Bank
criteria win
Highlighted rows show where the two exchanges differ
| Criteria | FxPro | 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 |
FxPro vs Saxo Bank: Frequently Asked Questions
FxPro and Saxo Bank share the same editorial score of 3.9/5. One concrete differentiator: Saxo Bank requires a lower minimum deposit.
Saxo Bank lists a lower spread from 0.6, compared with FxPro's 1.2. 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 FxPro requires at least $100. This makes Saxo Bank more accessible for traders looking to start with a smaller crypto investment.
Both FxPro 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, two factors stand out: Saxo Bank has no minimum deposit, removing the capital barrier entirely, and both exchanges provide negative balance protection. Also compare demo account availability and educational resources before deciding.
FxPro 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.
FxPro charges $7 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.
FxPro supports cTrader, MetaTrader 5, Proprietary Web/Mobile, MetaTrader 4, while Saxo Bank supports SaxoTraderGO, Proprietary Web/Mobile. Both provide Proprietary Web/Mobile. FxPro has exclusive access to cTrader and MetaTrader 5 and MetaTrader 4. Saxo Bank has exclusive access to SaxoTraderGO.
FxPro 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.
