Global Prime vs Saxo Bank

Global Prime or Saxo Bank – which is better for UK traders 2022? Compare Global Prime and Saxo Bank in this detailed breakdown of their platforms, features and fees.

Global Prime vs Saxo Bank Comparison Table 2022
Global Prime Saxo Bank
Global Prime is a multi-regulated trading broker offering 100+ markets. A regulated bank, Saxobank offer Equities and Forex trading on 40,000+ markets via the SaxoTrader Pro and SaxoTrader Go platforms
FCA Regulated
✗ No ✓ Yes
Instruments
Forex, CFDs, indices, commodities, cryptocurrencies Forex, CFDs, indices, shares, commodities, cryptocurrencies, futures, options, bonds, ETFs
Bonus Offer
None None
Demo Account
✓ Yes ✓ Yes
Minimum Deposit
AUD $200 £500
Payment Methods
BPAY, Credit Card, Dragonpay, FasaPay, Mastercard, Neteller, POLi, Skrill, Visa, Wire Transfer Credit Card, JCB Card, Mastercard, Visa, Wire Transfer
Minimum Trade
0.01 lots Vary by asset
Regulator
ASIC, VFSC, FSA DFSA, MAS, FCA, SFC
MetaTrader 4
✓ Yes ✗ No
MetaTrader 5
✗ No ✗ No
cTrader
✗ No ✗ No
DMA Account
✗ No ✗ No
ECN Account
✗ No ✓ Yes
Mobile Apps
Yes SaxoTraderGo (iOS, Android, Windows)
Auto Trading
✓ Yes ✗ No
Trade Signals
✓ Yes ✓ Yes
Social Trading
✓ Yes ✗ No
Copy Trading
✓ Yes ✗ No
Islamic Account
✗ No ✓ Yes
CFD
Buy and sell across the financial markets with leveraged CFD products.
Leverage
1:200 1:30
FTSE Spread
0.84 1.2 pts (Variable)
GBPUSD Spread
0.64 0.7 (var)
Oil Spread
1.6 0.03
Stocks Spread
Variable 0.10% (subject to min commission)
Forex
Global Prime offers online trading on a long list of major, minor and exotics currencies.
GBPUSD Spread
0.64 0.7 (varies by region)
EURUSD Spread
0.1 0.2 (varies by region)
EURGBP Spread
0.8 0.6 (varies by region)
Assets
48 40+
Cryptocurrency
Trade five top crypto coins against the USD. Crypto trading not offered
Spread
Floating
Coins
BTC, BCH, LTC, ETH, XRP
Global Prime Saxo Bank
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