Saxo Bankvs
XTBCrypto Exchange Comparison
Saxo Bank and XTB square off in the regulated CFD crypto space, weighing asset depth, platform quality, and service features across two distinct execution and support models.
Our Verdict
XTB winsby 0.3 pts
XTB is the overall winner, with a higher editorial score of 4.2 versus 3.9 and a broader crypto offering. Saxo Bank remains strong on regulation and platform quality.
No commercial relationship. The verdict and scores are entirely editorial. No payment influences this comparison.
Key Differences
- 124/5 live chat support is available on XTB but not Saxo.
- 2XTB supports MT4 while Saxo uses proprietary SaxoTraderGO.
- 3Inactivity fees apply after 12 months on XTB; Saxo imposes low-balance monthly fees.
Who should choose Saxo Bank vs XTB?
Find out which crypto exchange best suits your trading profile.
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
XTB offers competitive spreads on major crypto pairs while Saxo's classic spreads are wider.
Saxo Bank vs XTB: Side-by-Side Crypto Exchange Comparison
| Criteria |  Saxo Bank |  XTB |
|---|---|---|
| Editorial score | 3.9/ 5 | 4.2/ 5 |
| Min Deposit | No minimum | No minimum |
| Spreads From | 0.6 pips▼ lower | 0.8 pips |
| Taker Fee | N/A | N/A |
| Inactivity Fee | $100/quarter (low-balance accounts) | €10/month (after 12 months)▼ lower |
Saxo Bank vs XTB 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 XTB: Detailed Category Breakdown
A closer look at the specific criteria each exchange meets or misses within each scoring category.
1
Saxo Bank
criteria win
1
XTB
criteria win
Highlighted rows show where the two exchanges differ
| Criteria | Saxo Bank | XTB |
|---|---|---|
| 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 | Pass |
| Phone support | Pass | Fail |
Saxo Bank vs XTB: Frequently Asked Questions
The scores are close: Saxo Bank rates 3.9/5 and XTB rates 4.2/5. XTB 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.
Saxo Bank lists a lower spread from 0.6, compared with XTB's 0.8. 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 XTB requires a minimum deposit, making both accessible regardless of starting capital.
Both Saxo Bank and XTB 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 XTB'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.
Saxo Bank supports SaxoTraderGO, Proprietary Web/Mobile, while XTB supports xStation 5, MetaTrader 4. Saxo Bank has exclusive access to SaxoTraderGO and Proprietary Web/Mobile. XTB has exclusive access to xStation 5 and MetaTrader 4.
