FXPro vs Saxo Bank

FXPro or Saxo – which is better for UK traders 2025? Compare FXPro and Saxo in this detailed breakdown of their platforms, features and fees.

FXPro vs Saxo Comparison Table 2025
FXPro Saxo
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4.4
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4
FXPro is ranked #6 among CFD brokers. Saxo is ranked #64 among CFD brokers.
Founded in 2006, FxPro has built a reputation as a reliable non-dealing desk (NDD) broker, providing trading access across more than 2,100 markets to over 2 million clients globally. It has received over 100 industry awards, reflecting its favourable conditions for active traders. Saxo Markets is a renowned trading brokerage, investment firm, and regulated bank. Featuring over 72,000 trading instruments, alongside investment products and managed portfolios, it provides abundant opportunities for clients. This reputable brand ensures transparent pricing and is protected by top-tier regulations from more than ten agencies, including FINMA, FCA, and ASIC.
66% of retail accounts lose money.
Pros
  • FxPro uses a 'No Dealing Desk' (NDD) model for swift and transparent order execution, usually within 12 milliseconds, making it well-suited for short-term trading strategies.
  • FxPro's Wallet is a notable feature enabling traders to securely manage their funds. It ensures additional protection and ease by separating unused funds from active trading accounts.
  • FxPro provides four dependable charting platforms, including the user-friendly FxPro Edge. It features more than 50 indicators, 7 types of charts, and 15 different timeframes.
  • Advanced proprietary trading platforms featuring extensive charting options and sophisticated analysis tools.
  • Elite research centre offering specialised market analysis and exclusive forecasts, including 'Outrageous Predictions'.
  • Outstanding educational materials are available, such as podcasts, webinars, and expert-led videos.
  • Access to advanced external analysis tools, such as TradingView and Updata, is available.
  • The ISA account offers easy access and flexibility, as it incurs neither entry nor exit fees.
  • A well-regulated and reputable firm located in Switzerland.
  • Reduced fees with advanced account levels.
Cons
  • There are no passive investment options such as copy trading or interest on cash. While traders might not find these essential, competitors like eToro, which accommodate both active and passive investors, offer more extensive services.
  • FxPro offers customer support five days a week around the clock, accessible via various platforms, and the service quality is reliable based on tests. However, the absence of weekend support can be a drawback for traders requiring help beyond standard market times.
  • FxPro, with its $10M funded demo account and expanding Knowledge Hub, mainly caters to experienced traders. Beginners might find its account and fee structure challenging to understand.
  • Trading accounts require substantial financial investment.
  • A subscription is necessary to access Level 2 pricing.
  • Clients from certain regions, such as the US and Belgium, are not accepted.
Awards
  • Best Online Broker (MENA) 2024 - Forex Awards
  • Best Trading Conditions APAC 2023 - Forex Awards
  • Best Trading Platform 2023 - Investors Chronicle & Financial Times
  • Best FX Service Provider 2023 - City of London Wealth Management Awards
  • Most Trusted Broker (Global) 2021 - Ultimate Fintech Awards
  • Best Broker 2021 (UK) - Ultimate Fintech Awards
  • Best Mobile Trading App 2021 - Ultimate Fintech Awards
FCA Regulated
Yes Yes
Instruments
CFDs, Forex, Stocks, Indices, Commodities, Futures, Spread Betting Forex, CFDs, indices, shares, commodities, cryptocurrencies, futures, options, warrants, bonds, ETFs
Demo Account
Yes Yes
Minimum Deposit
$100 £500
Payment Methods
Minimum Trade
0.01 Lots Vary by asset
Regulator
FCA, CySEC, FSCA, SCB, FSA DFSA, MAS, FCA, SFC, FINMA, AMF, CONSOB
Mobile Apps
iOS & Android SaxoTraderGo (iOS, Android, Windows)
Trading App
The FxPro app for iOS and Android, enhanced in 2024, exemplifies mobile trading with its intuitive design and robust capabilities. It allows traders to manage accounts, execute CFD trades, make seamless deposits and withdrawals, and access an integrated economic calendar with push notifications, all from the convenience of their device.
iOS App Rating
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4.7
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4.6
Android App Rating
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4.3
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4.6
Margin Trading
Yes No
Margin Rate
0.5%
MetaTrader 4
Yes No
MetaTrader 5
Yes No
cTrader
Yes No
AlgoTrader
No No
OmniTrader
No No
TradingView
No Yes
Autochartist
Yes No
eSignal
No No
Trading Central
Yes No
STP Account
Yes No
ECN Account
No Yes
DMA Account
Yes No
MAM Account
Yes No
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
Yes No
Market Maker
No No
P2P Trading
No No
Spot Trading
Yes Yes
Auto Trading
Expert Advisors (EAs) on MetaTrader, cBots on cTrader
Copy Trading
No No
Social Trading
No No
Trade Signals
Yes
VPS Hosting
Yes No
Tournaments
No No
Demo Competitions
Yes No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
$15
Islamic Account
Yes Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • AUD
  • JPY
  • ZAR
  • CHF
  • PLN
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • JPY
  • SEK
  • DKK
  • CHF
Commodities
  • Platinum
  • Gold
  • Silver
  • Palladium
  • Oil
  • Gasoline
  • Soybeans
  • Natural Gas
  • Aluminium
  • Copper
  • Lead
  • Zinc
  • Cocoa
  • Coffee
  • Corn
  • Cotton
  • Gold
  • Silver
  • Natural Gas
  • Oil
  • Copper
  • Corn
CFD
FxPro provides a vast range of CFDs, including forex, commodities, indices, shares, and futures, which have expanded over time. The broker excels in analysis and charting, thanks to Trading Central integration, advanced order types, and custom indicators. Trade over 8,900 CFDs, including forex, stocks, indices, commodities, options, and bonds. Utilise advanced tools and signals to enhance your trading experience.
Leverage
1:30 (Retail), 1:500 (Pro) 1:30
FTSE Spread
171.63 1.2 pts (Variable)
GBPUSD Spread<
0.6 0.7 (var)
Oil Spread
39 0.03
Stocks Spread
Variable 0.10% (subject to min commission)
Forex
FxPro provides over 70 currency pairs, though minors are excluded, and is renowned for its rapid execution and tight spreads, averaging 0.45 pips on EUR/USD. Traders can design, evaluate, and implement short-term strategies using the top-tier MT4 platform with expert advisors for algorithmic trading. Access top-tier liquidity across an extensive selection of 189 currency pairs and spot metals, as well as 130 forwards, with spreads starting as low as 0.4 pips.
Assets
70+ 40+
GBPUSD Spread
0.6 0.7 (varies by region)
EURUSD Spread
0.45 0.2 (varies by region)
EURGBP Spread
0.73 0.6 (varies by region)
Currency Indices
  • USD
Cryptocurrency
FxPro enables traders outside the UK to engage in CFD trading on over 25 popular cryptocurrencies, such as Bitcoin, Ethereum, and smaller tokens like Tron. Since 2021, it has offered 24/7 crypto trading. Notably, its rapid execution is particularly advantageous for active traders. Engage in trading cryptocurrencies against leading fiat currencies, or adopt a longer-term strategy through ETNs.
Spread
Variable Variable
Coins
  • BAT
  • BCH
  • BTC
  • DOG
  • DOT
  • DSH
  • EOS
  • ETC
  • ETH
  • IOT
  • LNK
  • LTC
  • NEO
  • XLM
  • XMR
  • XRP
  • ZEC
  • BTC
  • ETH
  • LTC
  • XRP
  • XTZ
  • SOL
  • ADA
  • DOT
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
FXPro Saxo
66% of retail accounts lose money.
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