Saxo Bankvs
ThinkMarketsCrypto Exchange Comparison
This head-to-head compares Saxo Bank and ThinkMarkets in the CFD crypto space under strong regulation. The tension centers on support channels and pricing clarity.
Our Verdict
Saxo Bank winsby 0.1 pts
ThinkMarkets adds 24/5 live chat and no inactivity fee, while Saxo Bank lacks live chat and charges inactivity fees. Saxo Bank emphasizes transparent pricing.
No commercial relationship. The verdict and scores are entirely editorial. No payment influences this comparison.
Key Differences
- 1ThinkMarkets offers 24/5 live chat support.
- 2Saxo Bank charges inactivity fees.
- 3Saxo Bank provides transparent pricing.
Who should choose Saxo Bank vs ThinkMarkets?
Find out which crypto exchange best suits your trading profile.
Choose Saxo Bank if…
Choose Saxo Bank if you value transparent pricing and strong Danish regulation.
Choose ThinkMarkets if…
Choose ThinkMarkets if you want 24/5 live chat and no 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 is best for security due to Danish banking licence and audited accounts.
Best for low fees
Recommended
ThinkMarkets is best for low fees due to ThinkZero tighter spreads.
Saxo Bank vs ThinkMarkets: Side-by-Side Crypto Exchange Comparison
| Criteria |  Saxo Bank |  ThinkMarkets |
|---|---|---|
| Editorial score | 3.9/ 5 | 3.8/ 5 |
| Min Deposit | No minimum | No minimum |
| Spreads From | 0.6 pips | 0.4 pips▼ lower |
| Taker Fee | N/A | 7.00% |
Saxo Bank vs ThinkMarkets Crypto Exchange Pros & Cons
Pros
- Danish banking licence, highest regulatory framework among retail crypto providers
- Integrated crypto CFDs on SaxoTraderGO alongside stocks, FX, bonds, and futures
- Audited public accounts provide financial transparency not available from most crypto platforms
- 20+ major crypto CFDs including BTC, ETH, SOL, XRP, and other leading tokens
Cons
- CFDs only, no real crypto ownership, staking, or on-chain access
Saxo Bank vs ThinkMarkets: Detailed Category Breakdown
A closer look at the specific criteria each exchange meets or misses within each scoring category.
1
Saxo Bank
criteria win
2
ThinkMarkets
criteria wins
Highlighted rows show where the two exchanges differ
| Criteria | Saxo Bank | ThinkMarkets |
|---|---|---|
| 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 | Pass |
| Transparent pricing page | Pass | Fail |
| 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 | Pass |
| Phone support | Pass | Pass |
Saxo Bank vs ThinkMarkets: Frequently Asked Questions
The scores are close: Saxo Bank rates 3.9/5 and ThinkMarkets rates 3.8/5. 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.
ThinkMarkets lists a lower spread from 0.4, 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.
Neither Saxo Bank nor ThinkMarkets requires a minimum deposit, making both accessible regardless of starting capital.
Both Saxo Bank and ThinkMarkets 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, both exchanges provide negative balance protection. Also compare demo account availability and educational resources on each exchange's site before deciding.
Saxo Bank offers up to 2:1 on perpetual or margin products, versus ThinkMarkets'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.
ThinkMarkets 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.
Saxo Bank supports SaxoTraderGO, Proprietary Web/Mobile, while ThinkMarkets supports MetaTrader 5, Proprietary Web/Mobile, TradingView, MetaTrader 4. Both provide Proprietary Web/Mobile. Saxo Bank has exclusive access to SaxoTraderGO. ThinkMarkets has exclusive access to MetaTrader 5 and TradingView and MetaTrader 4.
ThinkMarkets 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.
