This head-to-head pits GO Markets and Saxo Bank as non-native crypto CFD brokers. Regulators, platform depth, and coin coverage form the axis of tension.
Saxo Bank wins on editorial score, and its stronger trust & regulation and platforms & tools (4.9/5 and 4.7/5) outweigh GO Markets' advantages.
Find out which crypto exchange best suits your trading profile.
Choose GO Markets if…
Choose GO Markets for MT4 MT5 and cTrader access under ASIC and CySEC oversight.
Choose Saxo Bank if…
Choose Saxo Bank if you want a proprietary SaxoTraderGO platform, Danish regulation, and 20+ crypto CFDs.
Which exchange wins for each type of crypto trader, based on security, fees, coin selection, and editorial scoring.
Saxo Bank wins for security thanks to Danish licensing and multi-jurisdiction oversight.
GO Markets offers ECN crypto spreads, generally cheaper than Saxo Bank's tiered spreads.
| Criteria | ||
|---|---|---|
| Editorial score | 3.6/ 5 | 3.9/ 5 |
| Min Deposit | $200 | No minimum▼ lower |
| Spreads From | 0 pips▼ lower | 0.6 pips |
| Taker Fee | 5.00% | N/A |
A closer look at the specific criteria each exchange meets or misses within each scoring category.
| Criteria | GO Markets | 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 | Fail | Fail |
| Transparent pricing page | Pass | 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 | Fail | Fail |
| Phone support | Pass | Pass |
The scores are close: GO Markets rates 3.6/5 and Saxo Bank rates 3.9/5. Saxo Bank has a marginal edge in our scoring, but the difference is small enough that your specific priorities — fees, platforms, or regulatory jurisdiction — should guide the final choice.
GO Markets 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 GO Markets requires at least $200. This makes Saxo Bank more accessible for traders looking to start with a smaller crypto investment.
Both GO Markets 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.
GO Markets 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.
GO Markets charges $5 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.
GO Markets supports cTrader, MetaTrader 5, MetaTrader 4, while Saxo Bank supports SaxoTraderGO, Proprietary Web/Mobile. GO Markets has exclusive access to cTrader and MetaTrader 5 and MetaTrader 4. Saxo Bank has exclusive access to SaxoTraderGO and Proprietary Web/Mobile.
Saxo Bank lists about 20 crypto CFDs versus GO Markets' 6.
Equally matched.
| 0.5 pips |
| N/A |
| Inactivity Fee | None | $100/quarter (low-balance accounts) |
|---|
| Deposit Fee | Free | Free |
|---|
| Deposit methods | Bank transferCredit cardDebit cardSkrillNetellerPayPal | Bank transferCredit cardDebit card |
|---|
| Withdrawal methods | Bank transferCredit cardSkrillNeteller | Bank transfer |
|---|
| Withdrawal Fee | Free | Free |
|---|
| Regulators | ASIC CySEC FSC | 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 3.6 / 5
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