Plus500vs
Saxo BankStock Broker Comparison
Two brokers compete for different investor appetites: Plus500 emphasizes simplicity and regulation, while Saxo Bank emphasizes breadth, platforms, and multi-asset access.
Our Verdict
Saxo Bank winsClear Winner
Saxo Bank edges Plus500 on overall quality due to stronger regulation, richer platforms, and broader market access. Plus500 remains competitive with its simple spread-only pricing for beginner stock CFDs.
Saxo Bank
4.5/5
Plus500
3.6/5
Key Differences
- 1Number of exchanges: Saxo 50 vs Plus500 18.
- 2Advanced research tools available on Saxo, not Plus500.
- 3Dividend reinvestment offered by Saxo but not Plus500.
Who should choose Plus500 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
It’s a tie
Both equally suited
Saxo Bank offers broader multi-jurisdiction regulation.
Best for long-term investors
Recommended
Plus500 vs Saxo Bank: Side-by-Side Stock Broker Comparison
 |  | |
|---|---|---|
| Editorial score | 3.6/ 5 | 4.5/ 5 |
| Min deposit | $100▼ lower | $2,000 |
| Spreads from | 0.6 pips | 0.6 pips |
| Commission / lot | N/A | N/A |
| Inactivity fee | $10/month (after 3 months)▼ lower | $100/quarter (low-balance accounts) |
| Deposit fee |
Plus500 vs Saxo Bank Stock Broker Pros & Cons
Pros
- LSE-listed, FCA/ASIC/MAS regulated, exceptional regulatory transparency
- 1,800+ share CFDs across major global exchanges on a clean beginner-friendly platform
- No commission, spread-only pricing is simple to understand
- Consistently top-rated mobile app for equity CFD access
Cons
- Share CFDs only, no real ownership, ISA, SIPP, or dividend entitlement
Plus500 vs Saxo Bank: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
1
Plus500
criteria win
5
Saxo Bank
criteria wins
Highlighted rows show where the two brokers differ
| Criteria | Plus500 | 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 | Fail | Pass |
| 24/5 live chat | Pass | Fail |
| Phone support | Fail | Pass |
Plus500 vs Saxo Bank: Frequently Asked Questions
Saxo Bank rates 4.5/5 versus 3.6/5 for Plus500. Saxo Bank edges ahead on our composite score, though both brokers meet a reasonable standard for most traders.
Both Plus500 and Saxo Bank start from the same spread of 0.6. For stock trading, also compare per-trade or per-share commissions to determine the total cost per transaction.
Plus500 has $100, while Saxo Bank requires at least $2000. This makes Plus500 more accessible for traders with limited starting capital.
Both Plus500 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: Plus500 requires a lower minimum deposit ($100), lowering the barrier to entry, and both brokers provide negative balance protection. Also compare demo account availability and educational resources before deciding.
Plus500 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.
Plus500 supports Proprietary Web/Mobile, while Saxo Bank supports SaxoTraderGO, Proprietary Web/Mobile. Both provide Proprietary Web/Mobile. Saxo Bank has exclusive access to SaxoTraderGO.
Neither Plus500 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 Plus500 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.
