Two brokers stack up differently on global access and platform depth. The tension centers on instrument breadth, research tools, and regulatory reach.
Saxo Bank edges ActivTrades on editorial score, thanks to broader market access and stronger platform tools.
Find out which stock broker best suits your investing profile.
Choose ActivTrades if…
Choose ActivTrades if you value 24/5 live chat support and a $0 minimum deposit with 600+ share CFDs across ActivTrader and MT4. It operates on 10 exchanges and provides no built-in research tools or stock screener.
Choose Saxo Bank if…
Choose Saxo Bank if you want 60,000+ instruments across 50 exchanges and access to extended trading hours. It also offers built-in research tools, a stock screener, dividend reinvestment, and multi-asset investing in one account, but requires a higher minimum deposit.
Which broker wins for each type of stock trader, based on costs, safety, features, and editorial scoring.
Saxo Bank wins safety & regulation with a broader regulator set and higher trust score.
| Editorial score | 3.7/ 5 | 4.5/ 5 |
|---|---|---|
| Min deposit | No minimum▼ lower | $2,000 |
| Spreads from | 0.5 pips▼ lower | 0.6 pips |
| Commission / lot | N/A | N/A |
| Inactivity fee | None | $100/quarter (low-balance accounts) |
A closer look at the specific criteria each broker meets or misses within each scoring category.
| Criteria | ActivTrades | Saxo Bank |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, SEC, etc.) | Pass | Pass |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Pass | Pass |
| Compensation scheme (e.g. FSCS, SIPC) | Pass | Pass |
| Costs | ||
| Commission-free trading | Fail | Fail |
| Features | ||
| Fractional shares | Fail | Fail |
| Dividend reinvestment (DRIP) | Fail | Pass |
| Extended hours trading | Fail | Pass |
| IPO access | Fail | Fail |
| Short selling | Pass | Pass |
| Stock screener tool | Fail | Pass |
| Support | ||
| Mobile app | Pass | Pass |
| Advanced charting tools | Pass | Pass |
| 24/5 live chat | Pass | Fail |
| Phone support | Pass | Pass |
Saxo Bank rates 4.5/5 versus 3.7/5 for ActivTrades. Saxo Bank edges ahead on our composite score, though both brokers meet a reasonable standard for most traders.
ActivTrades lists tighter spreads from 0.5, compared with Saxo Bank's 0.6. For stock trading, also factor in any per-trade or per-share commissions — spreads and commissions together determine the true cost per trade.
ActivTrades has no minimum deposit, while Saxo Bank requires at least $2000. This makes ActivTrades more accessible for traders with limited starting capital.
Both ActivTrades and Saxo Bank hold licences from top-tier regulators, indicating a high standard of regulatory oversight. Check each broker's specific regulatory bodies to confirm coverage in your jurisdiction.
For beginners, two factors stand out: ActivTrades has no minimum deposit, removing the capital barrier entirely, and both brokers provide negative balance protection. Also compare demo account availability and educational resources before deciding.
ActivTrades lists maximum leverage of 20:1, while Saxo Bank lists up to 1:5. Available leverage depends on your jurisdiction. EU retail clients under ESMA rules are capped at 1:30 on major forex pairs.
ActivTrades supports MetaTrader 4, ActivTrader, while Saxo Bank supports SaxoTraderGO, Proprietary Web/Mobile. ActivTrades has exclusive access to MetaTrader 4 and ActivTrader. Saxo Bank has exclusive access to SaxoTraderGO and Proprietary Web/Mobile.
Neither ActivTrades nor Saxo Bank is listed as offering commission-free trading in our data. Compare each broker's commission schedule directly, as fees vary by account type and the markets you trade.
Both ActivTrades and Saxo Bank are covered by a compensation scheme according to our data, providing an additional safety net for your stock investments. Confirm the specific scheme and coverage limit that applies to your account before depositing.
Saxo Bank is best for long-term investors thanks to dividend reinvestment and long-horizon tools.
Saxo Bank appeals to active traders with vast instrument access and professional analytics.
ActivTrades is best for beginners due to zero min deposit and accessible support.
Saxo Bank is best for global market access with 50 exchanges and broad instrument coverage.
ActivTrades is best for low-cost trading due to no commission on standard accounts and a $0 min deposit.
| Deposit fee |
|---|
| Free |
| Free |
| Deposit methods | Bank transferCredit cardDebit cardPayPal | Bank transferCredit cardDebit card |
|---|
| Withdrawal methods | Bank transferCredit card | Bank transfer |
|---|
| Withdrawal fee | Free | Free |
|---|
| Commission-free | No | No |
|---|
| Fractional shares | No | No |
|---|
| Dividend reinvestment | No | Yes |
|---|
| Extended hours | No | Yes |
|---|
| IPO access | No | No |
|---|
| Short selling | Yes | Yes |
|---|
| Regulators | FCA CMVM SCB | JFSA MAS DFSA FCA ASIC FINMA Finanstilsynet ACPR CNMV Finanstilsynet MFSA SFC Finansinspektionen CBI KNF CMA FSC |
|---|
| Platforms | MetaTrader 4 ActivTrader | SaxoTraderGO Proprietary Web/Mobile |
|---|
| Active bonuses | None | 2 offers |
|---|
Dig deeper into each broker’s features, fees, and regulation.
Score 3.7 / 5
Personalised recommendation
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