Written by ForexBrokers.com
In this head to head comparison of Saxo vs Capital.com, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Comparing Saxo to Capital.com, both online brokers offer varying levels of trust and regulation. Saxo, established in 1992, is a bank and holds a perfect Trust Score of 99 from ForexBrokers.com. This high Trust Score is backed by its possession of seven Tier-1 licenses, which indicate the highest level of credibility. In addition, Saxo holds one Tier-2 license, further enhancing its trustworthiness, although it is not publicly traded.
Capital.com, founded in 2016, holds a Trust Score of 87, indicating that it is regarded as a trusted entity. Unlike Saxo, Capital.com is not a bank, but it does maintain three Tier-1 licenses, demonstrating a solid level of trust, along with one Tier-2 license. While both brokers are private entities and not listed on any stock exchange, Saxo's longer history and higher number of top-tier licenses position it as a more established choice compared to the newer Capital.com.
| Feature |
Saxo
|
Capital.com
|
|---|---|---|
| Year Founded | 1992 | 2016 |
| Publicly Traded (Listed) | No | No |
| Bank | Yes | No |
| Tier-1 Licenses | 7 | 3 |
| Tier-2 Licenses | 1 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 0 | 2 |
When comparing Saxo and Capital.com for their commissions and fees, both brokers offer competitive pricing, but they cater to different client needs. Saxo is recognized for giving active and high-volume traders some of the lowest costs in the industry. As of November 2023, Saxo’s Classic, Platinum, and VIP accounts had average spreads of 1.1, 1.0, and 0.9 pips, respectively, for EUR/USD trades, with a minimum spread about 0.2 pips lower than the average. Saxo's Platinum and VIP accounts offer pricing closer to the industry average, whereas the Classic account has slightly higher costs. Notably, Saxo waives custody fees for share trading under securities lending, and it offers commission-free trading for forex, except for those trading less than a standard amount.
Capital.com stands out with a dynamic spread of 0.67 pips on the EUR/USD, as of April 2024, which is better than the industry average and makes it a cost-effective choice for forex traders. Capital.com provides a universal account for retail traders and a professional account for those who qualify, though professional clients forfeit some regulatory protections. Despite slight differences in approach, both brokers score well in terms of affordability; Saxo is rated with five stars for commissions and fees, ranking 9th out of 62 brokers according to ForexBrokers.com, while Capital.com also earns five stars and ranks 3rd.
| Feature |
Saxo
|
Capital.com
|
|---|---|---|
| Minimum Deposit | $0 | $20 |
| Average Spread EUR/USD - Standard | 1.1 | 0.67 |
| All-in Cost EUR/USD - Active | 0.9 | 0.67 |
| Active Trader or VIP Discounts | Yes | Yes |
| ACH or SEPA Transfers | No | No |
| PayPal (Deposit/Withdraw) | No | Yes |
| Skrill (Deposit/Withdraw) | No | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When it comes to the available range of investments, Saxo and Capital.com present different strengths and offerings to investors. Saxo offers an impressive 70,000 tradeable symbols, including 190 forex pairs, while Capital.com provides access to 3,007 tradeable symbols and 125 forex pairs. Both brokers offer forex trading as a CFD or spot contract and provide the ability to trade cryptocurrency derivatives, though neither allows the purchase of actual cryptocurrency. A significant advantage for Saxo is its access to exchange traded securities on both U.S. and international exchanges, allowing investors to buy stocks like Apple or Vodafone. In contrast, Capital.com does not support the trading of exchange traded securities.
Saxo also stands out by offering copy trading, enhancing its appeal to those looking to mirror the trades of successful investors. This broad range of features is reflected in Saxo's five-star rating and its prestigious #3 ranking by ForexBrokers.com for range of investments. Meanwhile, Capital.com holds a slightly lower rating of 4.5 stars and is ranked #22, indicating a solid but more limited offering compared to Saxo. Whether you're looking for extensive investment options or the ability to trade in global markets, Saxo provides a more comprehensive toolbox for investors than Capital.com does.
| Feature |
Saxo
|
Capital.com
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 70000 | 3007 |
| Forex Pairs (Total) | 190 | 125 |
| U.S. Stock Trading (Non CFD) | Yes | No |
| Int'l Stock Trading (Non CFD) | Yes | No |
| Social Trading / Copy Trading | Yes | No |
| Cryptocurrency (Physical) | No | No |
| Cryptocurrency (Derivative) | Yes | Yes |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
Dive deeper: Best Copy Trading Platforms.
When comparing Saxo and Capital.com, both online brokers offer a wide range of features for their trading platforms and tools. Each provides a proprietary platform developed in-house, offering a cohesive user experience across different devices. Both brokers support simulated trading with free virtual demo accounts, making them accessible for beginner traders seeking to hone their skills. Traders can use Windows-based desktop downloads or web-based platforms for trading flexibility. Saxo stands out with its copy trading feature, a service not offered by Capital.com, and specializes in trading directly from stock charts, a functionality shared by Capital.com.
Saxo and Capital.com both provide a comprehensive number of drawing tools for charting, with Saxo offering 20 and Capital.com providing 18. However, Saxo excels in customization by offering 60 columns for watchlists to Capital.com's 11. This comprehensive functionality may explain Saxo's leading rating of 5 stars and ranking as the number one broker in the Trading Platforms and Tools category by ForexBrokers.com. Meanwhile, Capital.com, which does offer MetaTrader 4 but not MetaTrader 5, holds a commendable 4.5-star rating and ranks 12th. Though both brokers offer excellent platforms, Saxo has the edge with superior customization and features.
| Feature |
Saxo
|
Capital.com
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | No |
| MetaTrader 4 (MT4) | No | Yes |
| MetaTrader 5 (MT5) | No | No |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 64 | 83 |
| Charting - Drawing Tools (Total) | 20 | 18 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 60 | 11 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both Saxo and Capital.com offer trading apps for iPhone and Android devices, providing essential tools like price alerts and real-time quotes. Saxo stands out with watchlist syncing between the mobile app and online account, allowing seamless updates when you make changes. Capital.com, however, doesn't support this feature. When it comes to charting capabilities, Saxo provides a more comprehensive experience with 64 technical studies, compared to Capital.com’s 30 studies. Both apps allow you to draw trendlines and view multiple time frames on charts, and they auto-save your drawings, ensuring a smooth user experience.
Saxo's app has slightly higher ratings, earning 5 out of 5 stars and a #2 ranking among 62 brokers, whereas Capital.com is rated at 4.5 stars, ranking #12. This suggests Saxo might be a better choice if you prioritize extensive charting features and account syncing for mobile trading. Capital.com still holds its ground with a solid rating, making it an accessible option for users who may not require extensive features but still value a highly-rated app for trading on the go.
| Feature |
Saxo
|
Capital.com
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 64 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When comparing Saxo and Capital.com for their market research offerings, both platforms provide daily market commentary and a sentiment-based trading tool, making them useful for keeping traders informed. However, differences become apparent in other areas. Saxo stands out by offering forex news from high-caliber sources like Bloomberg and Reuters. It further enhances its offerings with technical analysis tools from Autochartist, giving it an edge for traders interested in detailed market insights. In contrast, Capital.com lacks these specific resources but compensates with exclusive market research from TipRanks, offering a distinct advantage to traders who value predictive analytics.
Both brokers present comprehensive economic calendars, covering news events worldwide, which is vital for traders to plan their strategies. Saxo takes the lead in research quality, achieving a perfect 5-star rating and earning the top spot out of 62 brokers according to ForexBrokers.com. Meanwhile, Capital.com holds a respectable but slightly lower rating of 4.5 stars, ranking 14th. While both platforms provide substantial resources, Saxo's broader range of news sources and research tools might appeal more to traders who prioritize in-depth market analysis.
| Feature |
Saxo
|
Capital.com
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | Yes | No |
| Trading Central (Recognia) | No | No |
| Social Sentiment - Currency Pairs | Yes | Yes |
| TipRanks | No | Yes |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When comparing Saxo and Capital.com for educational resources aimed at beginners, both brokers offer an engaging range of content on forex and CFDs. Saxo provides more than ten educational pieces such as articles, videos, and archived webinars that are focused on these topics. Similarly, Capital.com meets this standard with its collection of learning materials. A key distinction, however, is that Saxo offers live webinars on a monthly basis, adding a dynamic aspect to their educational offerings, whereas Capital.com does not provide regular live sessions. Both brokers maintain a searchable archive of past webinars for on-demand learning, which supports flexible access to valuable content.
Both Saxo and Capital.com cater to both beginners and experienced traders with numerous educational videos specifically made for each skill level, along with comprehensive investor dictionaries covering over 50 key investing terms. Though Saxo is rated slightly higher with 5 stars compared to Capital.com's 4.5 stars for education, Capital.com outperforms Saxo in overall rank on ForexBrokers.com. Despite being ranked #13, Saxo presents a rich learning environment, but Capital.com, ranked #8, shows a strategic edge in educational rankings among a pool of 62 brokers.
| Feature |
Saxo
|
Capital.com
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | Yes |
| Investor Dictionary (Glossary) | Yes | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 62 of the best forex brokers, our research and account testing finds that Saxo is better than Capital.com. Saxo finished with an overall rank of #3, while Capital.com finished with an overall rank of #10.
Saxo is an exclusive multi-asset broker with brilliant research and a superb trading platform experience – as well as a stunning selection of over 40,000 securities.
| Feature |
Saxo
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Capital.com
|
|---|---|---|
| Overall Rating |
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| Trust Score | 99 | 87 |
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Both Saxo and Capital.com do not offer the ability to buy actual cryptocurrency, but they do provide the option to trade cryptocurrency derivatives.
When comparing online brokers, Saxo and Capital.com both support Visa, Mastercard, and bank wire transfers for deposits and withdrawals, but unlike Saxo, Capital.com additionally offers PayPal and Skrill options for added flexibility.
Please note:
We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.
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0 of 5| Overall Rating | Saxo | Capital.com | |
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| Trust Score | 99 | 87 | |
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| Review | Saxo Review | Capital.com Review |
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| Regulation | Saxo | Capital.com | |
|---|---|---|---|
| Trust Score | 99 | 87 | |
| Year Founded | 1992 | 2016 | |
| Publicly Traded (Listed) | No | No | |
| Bank | Yes | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 7 | 3 | |
| Tier-2 Licenses | 1 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 0 | 2 |
| Tier-1 Licenses (Highly Trusted) | Saxo | Capital.com | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | Yes | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | Yes | No | |
| Japan (SFC Authorised) | Yes | No | |
| Singapore (MAS Authorised) | Yes | No | |
| Switzerland (FINMA Authorised) | Yes | No | |
| United Kingdom (U.K.) (FCA Authorised) | Yes | Yes | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes |
| Tier-2 Licenses (Trusted) | Saxo | Capital.com | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA/Central Bank Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | Saxo | Capital.com | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 70000 | 3007 | |
| Forex Pairs (Total) | 190 | 125 | |
| U.S. Stock Trading (Non CFD) | Yes | No | |
| Int'l Stock Trading (Non CFD) | Yes | No | |
| Social Trading / Copy Trading | Yes | No | |
| Cryptocurrency (Physical) | No | No | |
| Cryptocurrency (Derivative) | Yes | Yes | |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
| Cost | Saxo | Capital.com | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.1 | 0.67 | |
| All-in Cost EUR/USD - Active | 0.9 | 0.67 | |
| Active Trader or VIP Discounts | Yes | Yes | |
| Inactivity Fee | Yes | Yes | |
| Execution: Agency Broker | Yes | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | Saxo | Capital.com | |
|---|---|---|---|
| Minimum Deposit | $0 | $20 | |
| PayPal (Deposit/Withdraw) | No | Yes | |
| Skrill (Deposit/Withdraw) | No | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | No |
| Trading Platforms | Saxo | Capital.com | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | No | |
| MetaTrader 4 (MT4) | No | Yes | |
| MetaTrader 5 (MT5) | No | No | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | Saxo | Capital.com | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 60 | 11 | |
| Charting - Indicators / Studies (Total) | 64 | 83 | |
| Charting - Drawing Tools (Total) | 20 | 18 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Saxo | Capital.com | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | 64 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | Yes | |
| Mobile Economic Calendar | Yes | Yes |
| Research | Saxo | Capital.com | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | Yes | No | |
| Trading Central (Recognia) | No | No | |
| TipRanks | No | Yes | |
| Social Sentiment - Currency Pairs | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | Saxo | Capital.com | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | Yes | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | Saxo | Capital.com | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | Yes | Yes | |
| AUD/USD | Yes | Yes | |
| Review | Saxo Review | Capital.com Review |
| Overall | Saxo | Capital.com | |
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| Trust Score | 99 | 87 | |
| Winner | check_circle | ||
| Review | Saxo Review | Capital.com Review |
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