Capital.com vs Saxo Bank Forex Broker Comparison
A head-to-head comparison of Capital.com and Saxo Bank across regulation, trading costs, platforms, and editorial scoring.
Score 4.3 / 5
2 bonusesVery low minimum deposit, AI-powered trading insights, zero commission, and strong FCA/ASIC/CySEC regulation - accessible for new traders.
VS
Danish-licensed bank with the deepest multi-asset coverage we cover, premium SaxoTraderGO/PRO platforms, and tiered pricing for active traders.
Our Verdict
Saxo Bank winsby 0.4 pts
Saxo Bank edges ahead with a score of 4.7/5 vs Capital.com's 4.3/5. A narrow margin, so review the breakdown below to see where each broker has a clear advantage.
Verdict by Trader Profile
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
Best for low cost trading
It's a tie
Both equally suited
Both brokers offer spreads from 0.6 pips.
Best for safety & regulation
It's a tie
Both equally suited
Both brokers show an equally strong safety profile across regulation, fund protection, and client safeguards.
Best for platform choice
Recommended
Saxo Bank offers more exclusive platform options: SaxoTraderGO, a proprietary platform.
Best for beginners
Recommended
Saxo Bank edges out Capital.com with a higher editorial score (4.7/5 vs 4.3/5), indicating a stronger overall experience for new traders.
Capital.com vs Saxo Bank: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 4.3/ 5 | 4.7/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.3 / 5 | 4.9 / 5▲ |
Fees & Spreads 30% weight | 4.2 / 5 | 4.4 / 5▲ |
Platforms & Tools 20% weight | 4.5 / 5 | 4.8 / 5▲ |
Customer Support 10% weight | 4.2 / 5 | 4.6 / 5▲ |
| Founded | 2016 | 1992 |
| Headquarters | London, United Kingdom | Copenhagen, Denmark |
| Min deposit | $20 | No minimum |
| Spreads from | 0.6 pips | 0.6 pips |
| Commission / lot | N/A | N/A |
| Max leverage | 30:1 | 30:1 |
| Withdrawal fee | Free | Free |
| Regulators | FCA ASIC MAS CySEC CMA | FCA ASIC JFSA SFC MAS ACPR CNMV DFSA FINMA Finansinspektionen Finanstilsynet FSC CBI KNF Finanstilsynet MFSA CMA |
| Platforms | Proprietary Web/Mobile | Proprietary Web/Mobile SaxoTraderGO |
| Active bonuses | ||
| Visit broker | Visit Capital.com | Visit Saxo Bank |
Capital.com vs Saxo Bank Forex Broker Pros & Cons
Pros
Very low $20 minimum deposit
AI-powered pattern recognition built into proprietary platform
Zero commission on all trades
FCA, ASIC, CySEC, and MAS regulation
Client funds held in segregated accounts
Negative balance protection
Investor compensation scheme coverage
No deposit fees
No inactivity fee
Mobile trading app available
Advanced charting tools included
Transparent pricing with clear cost disclosure
24/5 live chat support
Multilingual customer support
Pros
Licensed bank (Denmark)
Best-in-class multi-asset platform
Tiered active-trader pricing
Regulated by top-tier authorities (FCA, ASIC, CySEC)
Client funds held in segregated accounts
Negative balance protection
Investor compensation scheme coverage
No deposit fees
Mobile trading app available
Proprietary trading platform available
Advanced charting tools included
Transparent pricing with clear cost disclosure
Phone support available
Multilingual customer support
Cons
Proprietary platform only - no MT4 or MT5
Limited product range for advanced traders
No phone support
No raw spread account option
No MetaTrader support
Cons
Higher minimums on classic accounts than ECN brokers
No MT4 / MT5
No raw spread account option
Inactivity fee applies
No MetaTrader support
No 24/5 live chat
Capital.com vs Saxo Bank: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
2
Capital.com
criteria wins
1
Saxo Bank
criteria win
Highlighted rows show where the two brokers differ
| Criteria | Capital.com | Saxo Bank |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, CFTC, etc.) | Pass | Pass |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Pass | Pass |
| Compensation scheme (e.g. FSCS) | Pass | Pass |
| Fees & Spreads | ||
| Raw/ECN spreads available | Fail | Fail |
| No deposit fee | Pass | Pass |
| No inactivity fee | Pass | Fail |
| Transparent pricing page | Pass | Pass |
| Platforms & Tools | ||
| MT4/MT5 available | Fail | Fail |
| Proprietary platform | Pass | Pass |
| Mobile app | Pass | Pass |
| Advanced charting tools | Pass | Pass |
| Customer Support | ||
| 24/5 live chat | Pass | Fail |
| Phone support | Fail | Pass |
| Multilingual support | Pass | Pass |
Capital.com vs Saxo Bank: Frequently Asked Questions
Based on our independent editorial scoring, Saxo Bank ranks higher with a score of 4.7/5 vs 4.3/5 for Capital.com. The best choice still depends on your individual trading needs; Capital.com and Saxo Bank may each suit different trader profiles.
Both Capital.com and Saxo Bank offer spreads starting from 0.6 pips, making them equivalent on this metric. Consider commissions and account types when evaluating total trading costs.
Saxo Bank has a lower minimum deposit of no minimum required, while Capital.com requires at least $20. This makes Saxo Bank more accessible for traders with limited starting capital.
Both Capital.com and Saxo Bank hold licences from top-tier regulators, indicating a high standard of regulatory oversight. Both are considered safe. Check each broker's specific regulatory bodies to confirm coverage in your jurisdiction.
For beginners: Saxo Bank has a lower minimum deposit (no minimum), lowering the barrier to entry; both brokers offer negative balance protection. Also weigh up educational resources and customer support quality before deciding.
Capital.com offers maximum leverage of 30:1, while Saxo Bank offers up to 30:1. Available leverage varies by account type, instrument, and jurisdiction. Higher leverage amplifies both potential profits and losses. Always use appropriate risk management.
Capital.com supports Proprietary Web/Mobile and Saxo Bank offers Proprietary Web/Mobile, SaxoTraderGO; both support Proprietary Web/Mobile; Saxo Bank exclusively offers SaxoTraderGO.
Ready to get started?
Open an account directly with the broker that suits you best.
Score 4.3 / 5
More Broker Comparisons
More Capital.com comparisons
More Saxo Bank comparisons
Personalised recommendation
Not sure which broker is right for you?
Answer 6 quick questions and we'll match you with the brokers that best fit your trading style, experience level, and country.
Find my broker