Written by ForexBrokers.com
In this head to head comparison of Saxo vs Earn, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
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When comparing the online brokers Saxo and Earn, notable differences emerge in their regulatory standings and history. Established in 1992, Saxo benefits from its status as a bank and holds an impeccable reputation with a ForexBrokers.com Trust Score of 99, placing it in the highly trusted category. It possesses seven Tier-1 licenses, which highlights its extensive regulatory compliance. On the other hand, Earn, founded in 1994, operates as a non-bank and holds just one Tier-1 license, coupled with a Trust Score of 71, indicating an average risk profile.
Neither Saxo nor Earn are listed on stock exchanges; however, their regulatory frameworks differ significantly. Saxo’s standing as a bank with a portfolio of trusted licenses suggests stronger oversight and reliability. Meanwhile, Earn, with no Tier-2 licenses and only one trusted Tier-1 license, presents a different profile of trustworthiness. Investors seeking well-regulated brokers may note these distinctions when considering their options in the financial market.
| Feature |
Saxo
|
Earn
|
|---|---|---|
| Year Founded | 1992 | 1994 |
| Publicly Traded (Listed) | No | No |
| Bank | Yes | No |
| Tier-1 Licenses | 7 | 1 |
| Tier-2 Licenses | 1 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 0 | 0 |
When comparing Saxo and Earn for commissions and fees, Saxo emerges as an attractive option for traders who are active, handle high volumes, or maintain substantial account balances. With a rating of five stars, Saxo is noted for offering excellent pricing across its account tiers, particularly for its Platinum and VIP accounts, which are closer to the industry average. The VIP account, specifically, provides the most savings and carries the distinction of winning the 2024 Annual Award for the #1 VIP Client Experience. Saxo also boasts commission-free forex trading for most, but traders dealing with smaller volumes may incur a ticket fee.
Saxo's spread data showcases competitive averages with EUR/USD rates standing at 1.1 pips for Classic, 1.0 for Platinum, and 0.9 for VIP accounts, with the minimum spread being about 0.2 pips lower. The minimum deposits vary significantly, with no deposit necessary for Classic accounts, $200,000 for Platinum, and $1,000,000 for the VIP level. These tiers cater to varying trader needs, offering more benefits as traders move up through Saxo’s loyalty programs.
Contrasting Saxo's offerings, Earn has a lower star rating at four stars and ranks #46 out of 62 brokers on ForexBrokers.com for commissions and fees category, while Saxo ranks #9. Although specific spread data for Earn is unavailable, their lower rank and rating suggest that their pricing structure may not be as competitive or favorable compared to Saxo’s, especially for active and high-volume traders seeking the lowest possible costs.
| Feature |
Saxo
|
Earn
|
|---|---|---|
| Minimum Deposit | $0 | $100 |
| Average Spread EUR/USD - Standard | 1.1 | N/A |
| All-in Cost EUR/USD - Active | 0.9 | N/A |
| Active Trader or VIP Discounts | Yes | Yes |
| ACH or SEPA Transfers | No | No |
| PayPal (Deposit/Withdraw) | No | No |
| 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 variety of investments, Saxo stands out compared to Earn, providing a vast range of options for traders. Saxo offers an impressive 70,000 tradeable symbols, dwarfing Earn's 500. In the realm of forex trading, Saxo provides 190 tradeable forex pairs, vastly outnumbering the 61 pairs available on Earn. Both brokers offer forex trading through CFDs or spot contracts, ensuring flexibility in trading approaches. However, where Saxo truly eclipses Earn is in the availability of exchange-traded securities, as Saxo allows clients to buy shares on U.S. and international exchanges, unlike Earn, which lacks this feature.
Both Saxo and Earn support copy trading, enabling traders to mimic successful strategies. Yet, in the cryptocurrency domain, both platforms fall short in offering actual cryptocurrency purchases, providing only derivatives. Reflecting the extensive offerings, Saxo receives a 5-star rating for its range of investments, ranked third out of 62 brokers by ForexBrokers.com, while Earn has a 3.5-star rating and is ranked 45th. This comprehensive range makes Saxo a more suitable choice for those seeking diverse investment possibilities.
| Feature |
Saxo
|
Earn
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 70000 | 500 |
| Forex Pairs (Total) | 190 | 61 |
| U.S. Stock Trading (Non CFD) | Yes | No |
| Int'l Stock Trading (Non CFD) | Yes | No |
| Social Trading / Copy Trading | Yes | Yes |
| 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 Earn for their trading platforms and tools, both brokers provide traders with a virtual demo account for paper trading, allowing users to practice without financial risk. Saxo stands out with its in-house developed proprietary platform, whereas Earn does not offer such a feature. Both brokers support trading through Windows-based desktop applications and web browsers, ensuring accessibility and versatility. However, for those interested in MetaTrader suites, Earn offers both MetaTrader 4 and MetaTrader 5, while Saxo does not support these platforms. Copy trading is available with both, but Earn takes an edge by offering ZuluTrade, a social trading platform that Saxo lacks.
In terms of charting capabilities, Saxo offers 20 drawing tools compared to Earn's 15, and traders can execute trades directly from stock charts on both platforms. Saxo provides a comprehensive watch list feature with 60 available columns, vastly exceeding Earn’s offering of 7 columns. Rated 5 stars for Trading Platforms and Tools, Saxo ranks as the leading broker by ForexBrokers.com out of 62 reviewed, whereas Earn, with a rating of 4 stars, is ranked at #51. These differences highlight Saxo’s superior features and customization options, making it a top choice for traders looking for advanced tools and flexibility.
| Feature |
Saxo
|
Earn
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | No |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | No | Yes |
| MetaTrader 5 (MT5) | No | Yes |
| DupliTrade | No | No |
| ZuluTrade | No | Yes |
| Charting - Indicators / Studies (Total) | 64 | 35 |
| Charting - Drawing Tools (Total) | 20 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 60 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When comparing the mobile trading apps of Saxo and Earn, both platforms are available on iPhone and Android devices and offer essential features like stock and forex price alerts, the ability to draw trendlines, and the ability to view various time frames on charts. However, Saxo's app seems to have an edge with a higher number of technical studies—64 compared to Earn's 35. Saxo also offers a watchlist symbol syncing feature, allowing seamless updates between the mobile app and online account, a feature not available with Earn.
Saxo's mobile app also earns a higher rating and rank. It boasts a 5-star rating for mobile trading apps and is ranked second out of 62 brokers by ForexBrokers.com. In contrast, Earn has a 4-star rating and ranks 26th. Both apps allow users to save their chart drawings automatically and create watchlists with real-time quotes, but Saxo's app stands out for its higher sophistication and stronger industry recognition.
| Feature |
Saxo
|
Earn
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 64 | 35 |
| 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 it comes to market research, both Saxo and Earn provide daily market commentary and stay on top of forex news from leading sources like Bloomberg and Reuters. However, Saxo sets itself apart by offering advanced analysis tools from the well-regarded Autochartist, as well as a sentiment-based trading tool that gives insights into market trends. While Earn keeps its offerings straightforward, it lacks these additional analytical features.
Both platforms offer economic calendars to keep traders informed about global news events, making them reliable choices for basic market updates. However, Saxo stands out in research quality, earning a perfect 5-star rating and the top spot on ForexBrokers.com. On the other hand, Earn receives a 3.5-star rating and ranks #38, indicating room for improvement in its market research capabilities.
| Feature |
Saxo
|
Earn
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | Yes | No |
| Trading Central (Recognia) | No | No |
| Social Sentiment - Currency Pairs | Yes | No |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When it comes to educational resources for beginner traders, Saxo stands out compared to Earn. Saxo offers a comprehensive suite of learning tools that cater to new and seasoned traders alike. With over 10 educational pieces focused on forex and CFDs, beginners can access a wealth of articles, videos, and archived webinars to enhance their trading knowledge. In contrast, Earn does not meet this threshold, limiting its educational offerings for those starting out in trading.
Saxo further amplifies its educational support with monthly webinars and a searchable archive of past sessions, providing ongoing opportunities for learning and growth. The platform also boasts an impressive collection of over 10 beginner and 10 advanced trading videos, ensuring that traders at different levels can deepen their understanding. Additionally, Saxo offers an investor dictionary featuring more than 50 key terms, while Earn does not provide a similar resource. Saxo's commitment to education is reflected in its 5-star rating and a #13 ranking in the education category by ForexBrokers.com, far surpassing Earn's 3.5 stars and #61 ranking.
| Feature |
Saxo
|
Earn
|
|---|---|---|
| Education (Forex or CFDs) | Yes | No |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | Yes | No |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | Yes | No |
| Investor Dictionary (Glossary) | Yes | No |
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 Earn. Saxo finished with an overall rank of #3, while Earn finished with an overall rank of #50.
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
|
Earn
|
|---|---|---|
| Overall Rating |
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| Trust Score | 99 | 71 |
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While both Saxo and Earn do not provide the option to buy actual delivered cryptocurrencies, they do offer the ability to purchase cryptocurrency derivatives.
Both Saxo and Earn do not support ACH, SEPA, or PayPal for account deposits or withdrawals; however, while Saxo and Earn both accept Visa, Mastercard, and bank wires, only Earn offers the additional option of using Skrill for transactions.
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 | Earn | |
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| Trust Score | 99 | 71 | |
| Winner | check_circle | ||
| Review | Saxo Review |
| Broker Screenshots | Saxo | Earn | |
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| Regulation | Saxo | Earn | |
|---|---|---|---|
| Trust Score | 99 | 71 | |
| Year Founded | 1992 | 1994 | |
| Publicly Traded (Listed) | No | No | |
| Bank | Yes | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 7 | 1 | |
| Tier-2 Licenses | 1 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 0 | 0 |
| Tier-1 Licenses (Highly Trusted) | Saxo | Earn | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| 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 | No | |
| 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 | Earn | |
|---|---|---|---|
| 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 | Earn | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 70000 | 500 | |
| Forex Pairs (Total) | 190 | 61 | |
| U.S. Stock Trading (Non CFD) | Yes | No | |
| Int'l Stock Trading (Non CFD) | Yes | No | |
| Social Trading / Copy Trading | Yes | Yes | |
| 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 | Earn | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.1 | N/A | |
| All-in Cost EUR/USD - Active | 0.9 | N/A | |
| Active Trader or VIP Discounts | Yes | Yes | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | Yes | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | Saxo | Earn | |
|---|---|---|---|
| Minimum Deposit | $0 | $100 | |
| PayPal (Deposit/Withdraw) | No | No | |
| 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 | Earn | |
|---|---|---|---|
| Proprietary Platform | Yes | No | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | No | Yes | |
| MetaTrader 5 (MT5) | No | Yes | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | Yes |
| Trading Tools | Saxo | Earn | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 60 | 7 | |
| Charting - Indicators / Studies (Total) | 64 | 35 | |
| Charting - Drawing Tools (Total) | 20 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Saxo | Earn | |
|---|---|---|---|
| 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 | 35 | |
| 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 | Earn | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | Yes | No | |
| Trading Central (Recognia) | No | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | Saxo | Earn | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | No | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | Yes | No |
| Major Forex Pairs | Saxo | Earn | |
|---|---|---|---|
| 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 |
| Overall | Saxo | Earn | |
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| Trust Score | 99 | 71 | |
| Winner | check_circle | ||
| Review | Saxo Review |
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