Saxo Bankvs
ThinkMarketsStock Broker Comparison
Two brokers compete on platform depth and global reach. Saxo Bank builds a case for institutional grade access, while ThinkMarkets emphasizes strong mobile tools and social features.
Our Verdict
Saxo Bank winsClear Winner
Saxo Bank is the overall winner on editorial score, with broader exchange access (50 vs 12) reinforcing its lead over ThinkMarkets.
Saxo Bank
4.5/5
ThinkMarkets
3.8/5
Key Differences
- 1Exchanges covered: Saxo Bank 50 vs ThinkMarkets 12.
- 2Dividend reinvestment available at Saxo Bank; ThinkMarkets does not.
- 3Extended hours trading exists at Saxo Bank; ThinkMarkets does not.
Who should choose Saxo Bank vs ThinkMarkets?
Find out which stock broker best suits your investing profile.
Choose Saxo Bank if…
Choose Saxo Bank if you want access to 50 exchanges and dividend reinvestment in one account.
Choose ThinkMarkets if…
Choose ThinkMarkets if you want 3,000+ share CFDs and a mobile-first platform.
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 wins for safety & regulation due to broader regulator profile.
Best for long-term investors
Recommended
Saxo Bank vs ThinkMarkets: Side-by-Side Stock Broker Comparison
 |  | |
|---|---|---|
| Editorial score | 4.5/ 5 | 3.8/ 5 |
| Min deposit | $2,000 | No minimum▼ lower |
| Spreads from | 0.6 pips | 0.4 pips▼ lower |
| Commission / lot | N/A | $7/lot |
Saxo Bank vs ThinkMarkets Stock Broker Pros & Cons
Pros
- Access to 60,000+ instruments across 50+ exchanges
- SaxoTraderGO is one of the best web trading platforms available
- Strong multi-jurisdiction regulatory profile (FSA, FCA, MAS)
- Options, bonds, and multi-asset investing in one account
- Professional-grade research and analytics tools
Cons
Saxo Bank vs ThinkMarkets: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
3
Saxo Bank
criteria wins
1
ThinkMarkets
criteria win
Highlighted rows show where the two brokers differ
| Criteria | Saxo Bank | ThinkMarkets |
|---|---|---|
| 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) | Pass | Fail |
| Extended hours trading | Pass | Fail |
| IPO access | Fail | Fail |
| Short selling | Pass | Pass |
| Stock screener tool | Pass | Fail |
| Support | ||
| Mobile app | Pass | Pass |
| Advanced charting tools | Pass | Pass |
| 24/5 live chat | Fail | Pass |
| Phone support | Pass | Pass |
Saxo Bank vs ThinkMarkets: Frequently Asked Questions
Saxo Bank rates 4.5/5 versus 3.8/5 for ThinkMarkets. Saxo Bank edges ahead on our composite score, though both brokers meet a reasonable standard for most traders.
ThinkMarkets lists tighter spreads from 0.4, 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.
ThinkMarkets has no minimum deposit, while Saxo Bank requires at least $2000. This makes ThinkMarkets more accessible for traders with limited starting capital.
Both Saxo Bank and ThinkMarkets 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: ThinkMarkets 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.
Saxo Bank lists maximum leverage of 1:5, while ThinkMarkets lists up to 20:1. Available leverage depends on your jurisdiction. EU retail clients under ESMA rules are capped at 1:30 on major forex pairs.
ThinkMarkets charges $7 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.
Saxo Bank supports SaxoTraderGO, Proprietary Web/Mobile, while ThinkMarkets supports MetaTrader 5, Proprietary Web/Mobile, TradingView, MetaTrader 4. Both provide Proprietary Web/Mobile. Saxo Bank has exclusive access to SaxoTraderGO. ThinkMarkets has exclusive access to MetaTrader 5 and TradingView and MetaTrader 4.
Neither Saxo Bank nor ThinkMarkets 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 Saxo Bank and ThinkMarkets 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.
