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Saxo Bank vs Fortrade

Saxo or Fortrade – which is better for UK traders 2026? Compare Saxo and Fortrade in this detailed breakdown of their platforms, features and fees.

Saxo vs Fortrade Comparison Table 2026
Saxo	Fortrade

4	4
Saxo is ranked #25 among CFD brokers.	Fortrade is ranked #26 among CFD brokers.
Review	Review
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.	Fortrade is a well-regulated broker with oversight from authorities such as the FCA, CySEC, and ASIC. The firm offers trading on diverse instruments like stocks, bonds, commodities, forex, indices, cryptocurrencies, and ETFs. It provides competitive fees and supports both MetaTrader 4 and its own trading platform.
66% of retail accounts lose money.
Pros
Saxo offers traders genuine multi-asset access through a single account. Our tests showed seamless trading in FX, CFDs, stocks, ETFs, futures, options, and bonds across over 70,000 instruments, all without needing to switch platforms. Execution was robust during live tests. Saxo's FX order statistics showed average fills at 9–10ms, with approximately 99.3–99.5% completing in under 50ms. This performance aligned with the rapid, precise fills observed on major FX and index CFDs. Research tools excel with Autochartist integration. It offers filters by pattern type, asset class, and timeframes from 15 minutes to daily, with probability bands reaching over 70%, ensuring genuine utility.	A diverse array of markets is accessible, such as cryptocurrencies. Extensive educational materials and content Robust regulation from various regions, including the FCA. Selection of platforms including MT4. Unlimited access demo account Online Trading App: Android Edition
Cons
Our analysis shows classic account pricing is costly for traders. The EUR/USD pair typically incurs all-in spreads of 0.8–0.9 pips. Consequently, traders with smaller volumes will often face higher costs compared to leading ECN-style brokers. Withdrawals are dependable but sluggish. Saxo handled requests within 1-2 business days, but transfers typically reached our bank in 4-5 days due to correspondent banking and SHA fees. Saxo offers speed but is not ideal for ultra-tight scalping. Around 55-60% of EUR/USD orders experience zero slippage. However, about 20% encounter negative slippage, especially noticeable during news events and in higher-latency conditions of 300-400ms.	Broader than typical spreads on certain assets. Only a single account option is provided. Delayed Withdrawals
FCA Regulated
Yes	Yes
Instruments
Forex, CFDs, indices, shares, commodities, cryptocurrencies, futures, options, warrants, bonds, ETFs	Forex, CFDs, indices, shares, commodities, cryptocurrencies, DMAs, ETFs, bonds
Demo Account
Yes	Yes
Minimum Deposit
$0	$100
Payment Methods
Debit Card Mastercard PayNow Visa Wire Transfer	Credit Card Debit Card Mastercard Neteller PayPal Skrill Visa Wire Transfer
Minimum Trade
Vary by asset	0.01 Lots
Regulator
DFSA, MAS, FCA, SFC, FINMA, AMF, CONSOB	FCA, ASIC, NBRB, FSC, CIRO
Mobile Apps
SaxoTraderGo (iOS, Android, Windows)	iOS & Android
Trading App
	The Fortrader mobile app allows trading of over 60 currency pairs. Users can view daily market insights and handle deposits and withdrawals through the app. Available on the Apple App Store and Google Play.
iOS App Rating
4.6	3.5
Android App Rating
4.6	4.2
Margin Trading
Yes	Yes
MetaTrader 4
No	Yes
MetaTrader 5
No	No
cTrader
No	No
AlgoTrader
No	No
OmniTrader
No	No
TradingView
Yes	No
Autochartist
No	No
eSignal
No	No
Trading Central
No	Yes
STP Account
No	No
ECN Account
Yes	Yes
DMA Account
No	No
MAM Account
No	Yes
PAMM Account
No	Yes
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
No	No
Robo Advisor
No	No
Negative Balance Protection
No	Yes
Market Maker
No	No
P2P Trading
No	No
Spot Trading
Yes	No
Auto Trading
	Expert Advisors (EAs) on MetaTrader
Copy Trading
No	No
Social Trading
No	No
Trade Signals
Yes	Yes
VPS Hosting
No	No
Tournaments
No	No
Demo Competitions
No	No
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Inactivity Fee
	$10
Islamic Account
Yes	Yes
Account Currencies
USD EUR GBP CAD AUD NZD JPY ZAR TRY SEK NOK DKK CHF HKD SGD PLN CZK AED HUF MXN	USD EUR GBP
Commodities
Gold Silver Natural Gas Oil Copper Corn	Gold Silver Oil Gasoline Copper Corn Cotton Palladium Platinum Sugar Wheat Natural Gas
CFD
Trade over 8,900 CFDs, including forex, stocks, indices, commodities, options, and bonds. Utilise advanced tools and signals to enhance your trading experience.	Fortrade offers a diverse selection of leveraged CFDs across various asset classes such as forex, stocks, bonds, indices, commodities, and cryptocurrencies. Traders benefit from leverage up to 1:30, zero commission, fast execution, and low latency, whether using MetaTrader 4 or Fortrade’s bespoke platform.
Leverage
1:30	1:30 (varies by entity)
FTSE Spread
1.2 pts (Variable)	2
GBPUSD Spread<
0.7 (var)	2
Oil Spread
0.03	0.04
Stocks Spread
0.10% (subject to min commission)	Variable
Forex
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.	Fortrade provides over 60 currency pairs, featuring a solid range of major, minor, and exotic options. Traders can use MT4 or Fortrade's proprietary, low-latency platform. The USD/GBP spread typically averages a competitive 2 pips.
Assets
40+	60+
GBPUSD Spread
0.7 (varies by region)	2
EURUSD Spread
0.2 (varies by region)	2
EURGBP Spread
0.6 (varies by region)	3

Saxo	Fortrade
Review	Review
66% of retail accounts lose money.
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