FBSvs
Saxo BankStock Broker Comparison
Two starkly different approaches meet in this stocks comparison: FBS emphasizes accessibility and MT4/MT5 support, while Saxo Bank emphasizes breadth and multi-jurisdiction regulation. The outcome hinges on what you value.
Our Verdict
Saxo Bank winsClear Winner
Saxo Bank is the overall winner, as its higher editorial score and broader regulatory footprint distinguish it from FBS.
Saxo Bank
4.5/5
FBS
3.3/5
Key Differences
- 1FBS provides 24/5 live chat; Saxo Bank does not.
- 2Saxo Bank offers extended hours trading; FBS does not.
- 3Saxo Bank provides a stock screener; FBS does not.
Who should choose FBS vs Saxo Bank?
Find out which stock broker best suits your investing profile.
Verdict by Trader Profile
Which broker wins for each type of stock trader, based on costs, safety, features, and editorial scoring.
Best for safety & regulation
Recommended
Saxo Bank wins for safety & regulation with multiple regulators and broad coverage.
Best for long-term investors
Recommended
FBS vs Saxo Bank: Side-by-Side Stock Broker Comparison
 |  | |
|---|---|---|
| Editorial score | 3.3/ 5 | 4.5/ 5 |
| Min deposit | $1▼ lower | $2,000 |
| Spreads from | 0 pips▼ lower | 0.6 pips |
| Commission / lot | $20/lot | N/A |
FBS vs Saxo Bank Stock Broker Pros & Cons
Pros
- $1 minimum deposit, widest accessibility for equity CFD markets
- MT4/MT5 with full EA support for automated stock strategies
- 24/7 multilingual support across Asian and CIS markets
Cons
- Offshore regulation (IFSC Belize), minimal investor protection
- Limited stock selection vs dedicated equity brokers
FBS vs Saxo Bank: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
1
FBS
criteria win
6
Saxo Bank
criteria wins
Highlighted rows show where the two brokers differ
| Criteria | FBS | Saxo Bank |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, SEC, etc.) | Fail | Pass |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Fail | Pass |
| Compensation scheme (e.g. FSCS, SIPC) | Fail | 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 |
FBS vs Saxo Bank: Frequently Asked Questions
Saxo Bank is the stronger choice: it rates 4.5/5 versus 3.3/5 for FBS, a gap that reflects clear differences across regulation, fees, and platform quality in our review.
FBS lists tighter spreads from 0, 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.
FBS has $1, while Saxo Bank requires at least $2000. This makes FBS more accessible for traders with limited starting capital.
Saxo Bank holds top-tier regulation (FCA, ASIC, JFSA), providing stronger investor protections. FBS may be regulated but does not hold top-tier status in our data. Verify regulatory status on each regulator's public register before depositing funds.
For beginners, two factors stand out: FBS requires a lower minimum deposit ($1), lowering the barrier to entry, and Saxo Bank provides negative balance protection, capping losses at your deposit amount. Also compare demo account availability and educational resources before deciding.
FBS lists maximum leverage of 3000:1, 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.
FBS charges $20 per trade on commission-based accounts. Commission details for Saxo Bank are not currently available. Check their website for up-to-date pricing. Stock commissions may be charged as a flat rate per trade or per share; confirm the exact structure on each broker's website.
FBS supports MetaTrader 5, MetaTrader 4, while Saxo Bank supports SaxoTraderGO, Proprietary Web/Mobile. FBS has exclusive access to MetaTrader 5 and MetaTrader 4. Saxo Bank has exclusive access to SaxoTraderGO and Proprietary Web/Mobile.
Neither FBS 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.
Saxo Bank scores higher on investor protection criteria, with compensation scheme coverage and segregated client funds. For stock investors, confirming compensation scheme coverage ensures your assets are protected up to a defined limit if the broker becomes insolvent.
