Plus500vs
Saxo BankCrypto Exchange Comparison
This comparison pits Plus500 and Saxo Bank in a regulated crypto CFD showdown. The axis of tension lies in platform depth and crypto coverage under strong oversight.
Our Verdict
Saxo Bank winsby 0.2 pts
Plus500 and Saxo Bank are closely matched overall, but Saxo Bank's advanced charting sets it apart.
No commercial relationship. The verdict and scores are entirely editorial. No payment influences this comparison.
Key Differences
- 1Saxo Bank provides advanced charting while Plus500 does not.
- 2Saxo Bank offers 20 crypto CFDs versus Plus500's 15.
- 3Saxo Bank supports phone support while Plus500 does not.
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 with a Danish banking licence and broader regulatory framework.
Best for low fees
It’s a tie
Both equally suited
Plus500 wins for low fees due to no commissions and spread-only pricing.
Plus500 vs Saxo Bank: Side-by-Side Crypto Exchange Comparison
| Criteria |  Plus500 |  Saxo Bank |
|---|---|---|
| Editorial score | 3.7/ 5 | 3.9/ 5 |
| Min Deposit | $100 | No minimum▼ lower |
| Spreads From | 0.6 pips | 0.6 pips |
| Taker Fee | N/A | N/A |
| Inactivity Fee | $10/month (after 3 months)▼ lower | $100/quarter (low-balance accounts) |
Plus500 vs Saxo Bank Crypto Exchange Pros & Cons
Pros
- LSE-listed, FCA/ASIC/MAS regulated, among the most transparent regulated CFD operators
- Clean, beginner-friendly platform with no minimum deposit requirement
- No commission, spread-only pricing is easy to understand for new traders
- Negative balance protection and segregated client funds
Cons
- Narrower coin selection (15+) than most multi-platform competitors
Plus500 vs Saxo Bank: Detailed Category Breakdown
A closer look at the specific criteria each exchange meets or misses within each scoring category.
1
Plus500
criteria win
2
Saxo Bank
criteria wins
Highlighted rows show where the two exchanges differ
| Criteria | Plus500 | 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 | 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 | Fail | Pass |
Plus500 vs Saxo Bank: Frequently Asked Questions
The scores are close: Plus500 rates 3.7/5 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.
Both Plus500 and Saxo Bank list the same spread figure of 0.6. Compare each exchange's full fee schedule, including maker/taker rates and any volume discounts, to evaluate total trading costs.
Saxo Bank has no minimum deposit, while Plus500 requires at least $100. This makes Saxo Bank more accessible for traders looking to start with a smaller crypto investment.
Both Plus500 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.
Plus500 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.
Plus500 supports Proprietary Web/Mobile, while Saxo Bank supports SaxoTraderGO, Proprietary Web/Mobile. Both provide Proprietary Web/Mobile. Saxo Bank has exclusive access to SaxoTraderGO.
