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Saxo vs Vantage 2025

ForexBrokers.com

Written by ForexBrokers.com

February 05, 2025

In this head to head comparison of Saxo vs Vantage, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.

Saxo
5/5 Stars Overall
  • Minimum Deposit: $0
  • Trust Score: 99
  • Tradeable Symbols (Total): 70000
Vantage
4/5 Stars Overall
  • Minimum Deposit: $50
  • Trust Score: 90
  • Tradeable Symbols (Total): 1000

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.

Regulation

When comparing Saxo and Vantage, a key aspect is their regulatory standing. Saxo, founded in 1992, is both a broker and a bank, enhancing its trustworthiness. Holding 7 Tier-1 licenses and 1 Tier-2 license, Saxo is highly respected in the financial industry. With a perfect Trust Score of 99 according to ForexBrokers.com, Saxo is considered a very reliable choice for investors and traders.

In contrast, Vantage, established in 2009, operates solely as a broker without the added status of being a bank. It holds 2 Tier-1 licenses and 1 Tier-2 license, reflecting its trusted position. Vantage boasts a Trust Score of 90, marking it as a highly trusted broker, though it does not quite reach the same level of confidence as Saxo. Both brokers are not publicly traded; still, their regulatory credentials are strong indicators of their commitment to financial integrity and client safety.

Feature Saxo logoSaxo
Vantage logoVantage
Year Founded info 1992 2009
Publicly Traded (Listed) info No No
Bank info Yes No
Tier-1 Licenses info 7 2
Tier-2 Licenses info 1 1
Tier-3 Licenses info 0 0
Tier-4 Licenses info 0 3

Fees

When comparing the commissions and fees of Saxo and Vantage, Saxo stands out as a top performer, earning a 5-star rating for its pricing structure. Saxo offers some of the industry's most competitive rates, especially for high-volume traders and those maintaining larger account balances. The broker’s Classic account has an average EUR/USD spread of 1.1 pips, while its Platinum and VIP accounts offer even better rates at 1.0 and 0.9 pips, respectively. Saxo's VIP account, which was awarded the number one spot for VIP client experience, requires a deposit of at least $1,000,000 or sufficient trading volume to qualify. Notably, Saxo allows for commission-free forex trading, except for traders dealing in smaller volumes, who may face a nominal fee.

Vantage, rated 4.5 stars, offers a varied pricing scheme that aligns with industry norms but doesn’t quite match Saxo's aggressive pricing. Vantage has three account types, with the Standard STP account featuring typical EUR/USD spreads of 1.30 pips. The RAW ECN account appeals to those seeking tight spreads starting at 0.15 pips, with a commission of $3 per side. Vantage’s PRO ECN account offers competitive commission rates of $2 per side for eligible clients, though this account requires qualification as a wholesale client or a $10,000 minimum deposit, depending on the regulatory entity.

In summary, Saxo ranks higher in commissions and fees, holding the 9th spot out of 62 brokers, compared to Vantage, which ranks 19th. Both brokers offer tier-based account upgrades, but Saxo provides more compelling pricing advantages for its premium accounts, making it an attractive choice for elite and high-volume traders. Conversely, Vantage presents a flexible structure with rebate incentives for active traders, though it remains less competitive in pricing when directly compared to Saxo.

Feature Saxo logoSaxo
Vantage logoVantage
Minimum Deposit info $0 $50
Average Spread EUR/USD - Standard info 1.1 info 1.30 info
All-in Cost EUR/USD - Active info 0.9 info 0.75 info
Active Trader or VIP Discounts info Yes Yes
ACH or SEPA Transfers info No No
PayPal (Deposit/Withdraw) info No Yes
Skrill (Deposit/Withdraw) info No Yes
Visa/Mastercard (Credit/Debit) info Yes Yes
Bank Wire (Deposit/Withdraw) info Yes Yes

Dive deeper: Best Low Spread Forex Brokers.

Featured Offers


Range of investments

When evaluating the investment offerings of Saxo and Vantage, you'll notice clear distinctions in the breadth of options available. Saxo is a strong contender for those seeking a wide array of trading choices, providing access to an impressive 70,000 tradeable symbols, including 190 forex pairs. Saxo allows investors to dive into both CFD and spot forex trading, along with the opportunity to purchase shares on both U.S. and international exchanges for companies like Apple and Vodafone. Additionally, Saxo supports copy trading and offers cryptocurrency derivatives, appealing to a broad range of investment strategies. With a stellar 5-star rating for its range of investments, Saxo stands third out of 62 brokers, according to ForexBrokers.com.

In contrast, Vantage presents a more limited selection, offering 1,000 tradeable symbols and 61 forex pairs. They do provide forex trading as CFDs or spot contracts and have options for copy trading and cryptocurrency derivatives. However, Vantage lacks the ability to trade actual non-CFD securities on U.S. or international exchanges, limiting direct access to stocks like Apple or Vodafone. Rated 3.5 stars for its investment range and ranked 50th by ForexBrokers.com, Vantage may suit traders with more focused needs but doesn't offer the extensive portfolio diversity found with Saxo.

Feature Saxo logoSaxo
Vantage logoVantage
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 70000 1000
Forex Pairs (Total) info 190 61
U.S. Stock Trading (Non CFD) info Yes No
Int'l Stock Trading (Non CFD) info Yes No
Social Trading / Copy Trading info Yes Yes
Cryptocurrency (Physical) info No No
Cryptocurrency (Derivative) info 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.

Trading platforms and tools

When comparing Saxo and Vantage in terms of trading platforms and tools, both brokers provide comprehensive options including simulated trading with free virtual demo accounts and proprietary platforms developed in-house. For those using Windows-based systems, each offers downloadable platforms alongside web-based alternatives, allowing flexibility for web browser access. Both Saxo and Vantage support copy trading, but when it comes to specific platform integration, Vantage provides MetaTrader 4 and MetaTrader 5, whereas Saxo does not. Vantage also supports DupliTrade while neither offers ZuluTrade integration.

Charting capabilities reveal several distinctions between the brokers, with Saxo providing 20 drawing tools compared to Vantage's 15, and a greater capacity for customizable watch lists featuring 60 fields versus Vantage's 7. While both platforms enable traders to execute trades directly from stock charts, Saxo's trading platforms and tools are rated 5 stars, surpassing Vantage's 4-star rating. Reflecting this, Saxo ranks as the number one trading platform out of 62 brokers according to ForexBrokers.com, whereas Vantage trails behind at rank 21 in the Trading Platforms and Tools category.

Feature Saxo logoSaxo
Vantage logoVantage
Virtual Trading (Demo) info Yes Yes
Proprietary Platform info Yes Yes
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Social Trading / Copy Trading info Yes Yes
MetaTrader 4 (MT4) info No Yes
MetaTrader 5 (MT5) info No Yes
DupliTrade info No Yes
ZuluTrade info No No
Charting - Indicators / Studies (Total) info 64 30
Charting - Drawing Tools (Total) info 20 15
Charting - Trade From Chart info Yes Yes
Watchlists - Total Fields info 60 7
View More

Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.

Forex trading apps

When it comes to mobile trading apps, both Saxo and Vantage offer platforms available for iPhone and Android devices, catering to the needs of traders on the go. Saxo sets itself apart by providing 64 technical studies for charting, compared to Vantage's 30, offering traders a broader range of analysis tools. Both apps allow users to draw trendlines and view charts in multiple time frames, such as daily, weekly, and intraday. They also both support auto-saving drawings and allow for the creation of watchlists with real-time quotes. However, Saxo shines with its ability to sync watchlist symbols across devices, a feature not available with Vantage.

For those who prioritize alerts, both platforms come equipped with stock and forex price notifications. Yet, Saxo takes a lead in overall ratings with a perfect 5-star rating for its mobile trading app experience, compared to Vantage's 4 stars. Ranking evaluations from ForexBrokers.com reflect this difference as well, with Saxo standing at an impressive second place out of 62 brokers in the mobile trading apps category, while Vantage ranks 27th. This distinction highlights Saxo as a preferred choice for a top-tier mobile trading experience with robust features and seamless integration.

Feature Saxo logoSaxo
Vantage logoVantage
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Alerts - Basic Fields info Yes Yes
Watchlist Syncing info Yes No
Mobile Charting - Indicators / Studies info 64 30
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Multiple Time Frames info Yes Yes
Mobile Charting - Drawings Autosave info Yes Yes
Mobile Watchlist info Yes Yes

Dive deeper: Best Forex Trading Apps.

Market research

When it comes to market research, both Saxo and Vantage provide valuable resources for traders at various levels. Saxo and Vantage each offer daily market commentary and supply forex news from prominent sources such as Bloomberg, Reuters, and Dow Jones, ensuring traders stay informed about global developments. Additionally, both brokers provide technical analysis and fundamental research tools from Autochartist. A sentiment-based trading tool is also available at both platforms, allowing users to view the ratio of long or short positions across different currency pairs.

However, there are notable differences between Saxo and Vantage. While Vantage features tools from Trading Central to aid in technical analytics, Saxo does not. Both brokers lack research tools from Acuity Trading and market research from TipRanks. They also provide economic calendars, helping traders stay on top of global economic events. Reflecting their overall research capabilities, Saxo is rated 5 stars and holds the top rank in the Research category out of 62 brokers as per ForexBrokers.com. In contrast, Vantage earns a 4-star rating and ranks #21, making Saxo a preferred choice for comprehensive market research.

Feature Saxo logoSaxo
Vantage logoVantage
Daily Market Commentary info Yes Yes
Forex News (Top-Tier Sources) info Yes Yes
Autochartist info Yes Yes
Trading Central (Recognia) info No Yes
Social Sentiment - Currency Pairs info Yes Yes
TipRanks info No No
Signal Centre (Acuity Trading) info No No
Economic Calendar info Yes Yes

Dive deeper: Best Brokers for Forex Research.

Beginners and education

When it comes to educational resources for beginners, both Saxo and Vantage provide a well-rounded selection for individuals new to trading Forex and CFDs. Each offers a substantial library of over ten educational articles, videos, and archived webinars centered around these topics. Moreover, they are committed to facilitating continuous learning by hosting at least one online educational webinar per month. For those who can't attend live sessions, both platforms maintain a searchable archive of their recorded webinars, allowing users to learn at their own pace.

In addition to their foundational resources, Saxo and Vantage also cater to various skill levels with beginner and advanced trading videos, each offering over ten videos tailored to the specific needs of their audience. They both include an investor dictionary with definitions covering at least 50 investing terms, aiding newcomers in familiarizing themselves with key financial concepts. Despite these similarities, Saxo holds a slight edge with an education rating of 5 stars, ranked #13 out of 62 brokers, compared to Vantage’s 4-star rating and #24 ranking. This makes Saxo an attractive option for those prioritizing educational quality in their trading broker.

Feature Saxo logoSaxo
Vantage logoVantage
Education (Forex or CFDs) info Yes Yes
Client Webinars info Yes Yes
Client Webinars (Archived) info Yes Yes
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info Yes Yes
Investor Dictionary (Glossary) info Yes Yes

Dive deeper: Best Forex Brokers for Beginners.

Winner

After testing 62 of the best forex brokers, our research and account testing finds that Saxo is better than Vantage. Saxo finished with an overall rank of #3, while Vantage finished with an overall rank of #26.

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 logoSaxo
Vantage logoVantage
Overall Rating info 5/5 Stars 4/5 Stars
Trust Score info 99 90
Range of Investments 5/5 Stars 3.5/5 Stars
Commissions & Fees 5/5 Stars 4.5/5 Stars
Platform & Tools 5/5 Stars 4/5 Stars
Research 5/5 Stars 4/5 Stars
Mobile Trading 5/5 Stars 4/5 Stars
Education 4/5 Stars 4/5 Stars

FAQs

Can you trade cryptocurrency with Saxo or Vantage?

Both Saxo and Vantage online brokers do not offer the ability to buy actual delivered cryptocurrency, but they both provide options for purchasing cryptocurrency derivatives.

What funding options does each broker offer?

While both Saxo and Vantage provide the ability to deposit or withdraw funds through Visa, Mastercard, and bank wires, only Vantage offers additional flexibility with options like PayPal and Skrill, whereas neither platform supports ACH or SEPA transfers.




announcementPlease 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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Compare

0 of 5
Overall Rating Saxo Vantage
Overall Rating info 5/5 Stars 4/5 Stars
Commissions & Fees 5/5 Stars 4.5/5 Stars
Range of Investments 5/5 Stars 3.5/5 Stars
Platform & Tools 5/5 Stars 4/5 Stars
Mobile Trading 5/5 Stars 4/5 Stars
Research 5/5 Stars 4/5 Stars
Education 4/5 Stars 4/5 Stars
Trust Score info 99 90
Winner check_circle
Review Saxo Review Vantage Review
Broker Screenshots Saxo Vantage
Trading Platforms Gallery (click to expand) info
Mobile Trading Gallery (click to expand) info
Research Gallery (click to expand) info
Education Gallery (click to expand) info
Regulation Saxo Vantage
Trust Score info 99 90
Year Founded info 1992 2009
Publicly Traded (Listed) info No No
Bank info Yes No
Regulated in one or more EU or EEA countries (MiFID). info Yes info No info
Tier-1 Licenses info 7 2
Tier-2 Licenses info 1 1
Tier-3 Licenses info 0 0
Tier-4 Licenses info 0 3
Tier-1 Licenses (Highly Trusted) Saxo Vantage
Australia (ASIC Authorised) info Yes Yes
Canada (CIRO Authorised) info No No
Hong Kong (SFC Authorised) info Yes No
Japan (SFC Authorised) info Yes No
Singapore (MAS Authorised) info Yes No
Switzerland (FINMA Authorised) info Yes No
United Kingdom (U.K.) (FCA Authorised) info Yes Yes
USA (CFTC Authorized) info No No
New Zealand (FMA Authorised) info No No
Regulated in one or more EU or EEA countries (MiFID). info Yes info No info
Tier-2 Licenses (Trusted) Saxo Vantage
Kenya (CMA Authorised) info No No
Israel (ISA Authorised) info No No
South Africa (FSCA Authorised) info No Yes
UAE (DFSA/Central Bank Authorised) info Yes info No
India (SEBI Authorised) info No No
Jordan (JSC Authorised) info No No
Investments Saxo Vantage
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 70000 1000
Forex Pairs (Total) info 190 61
U.S. Stock Trading (Non CFD) info Yes No
Int'l Stock Trading (Non CFD) info Yes No
Social Trading / Copy Trading info Yes Yes
Cryptocurrency (Physical) info No No
Cryptocurrency (Derivative) info 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 Vantage
Average Spread EUR/USD - Standard info 1.1 info 1.30 info
All-in Cost EUR/USD - Active info 0.9 info 0.75 info
Active Trader or VIP Discounts info Yes Yes
Inactivity Fee info Yes No
Execution: Agency Broker info Yes Yes
Execution: Market Maker info Yes Yes
Funding Saxo Vantage
Minimum Deposit info $0 $50
PayPal (Deposit/Withdraw) info No Yes
Skrill (Deposit/Withdraw) info No Yes
Visa/Mastercard (Credit/Debit) info Yes Yes
Bank Wire (Deposit/Withdraw) info Yes Yes
ACH or SEPA Transfers info No No
Trading Platforms Saxo Vantage
Proprietary Platform info Yes Yes
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Social Trading / Copy Trading info Yes Yes
MetaTrader 4 (MT4) info No Yes
MetaTrader 5 (MT5) info No Yes
cTrader info No No
DupliTrade info No Yes
ZuluTrade info No No
Trading Tools Saxo Vantage
Virtual Trading (Demo) info Yes Yes
Alerts - Basic Fields info Yes Yes
Watchlists - Total Fields info 60 7
Charting - Indicators / Studies (Total) info 64 30
Charting - Drawing Tools (Total) info 20 15
Charting - Trade From Chart info Yes Yes
Charts can be saved info Yes Yes
Mobile Trading Saxo Vantage
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Alerts - Basic Fields info Yes Yes
Mobile Watchlist info Yes Yes
Watchlist Syncing info Yes No
Mobile Charting - Indicators / Studies info 64 30
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Multiple Time Frames info Yes Yes
Mobile Charting - Drawings Autosave info Yes Yes
Mobile Economic Calendar info Yes Yes
Research Saxo Vantage
Daily Market Commentary info Yes Yes
Forex News (Top-Tier Sources) info Yes Yes
Autochartist info Yes Yes
Trading Central (Recognia) info No Yes
TipRanks info No No
Social Sentiment - Currency Pairs info Yes Yes
Economic Calendar info Yes Yes
Education Saxo Vantage
Education (Forex or CFDs) info Yes Yes
Client Webinars info Yes Yes
Client Webinars (Archived) info Yes Yes
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info Yes Yes
Investor Dictionary (Glossary) info Yes Yes
Major Forex Pairs Saxo Vantage
GBP/USD info Yes Yes
USD/JPY info Yes Yes
EUR/USD info Yes Yes
USD/CHF info Yes Yes
USD/CAD info Yes Yes
NZD/USD info Yes Yes
AUD/USD info Yes Yes
Review Saxo Review Vantage Review
Overall Saxo Vantage
Overall Rating info 5/5 Stars 4/5 Stars
Commissions & Fees 5/5 Stars 4.5/5 Stars
Range of Investments 5/5 Stars 3.5/5 Stars
Platform & Tools 5/5 Stars 4/5 Stars
Mobile Trading 5/5 Stars 4/5 Stars
Research 5/5 Stars 4/5 Stars
Education 4/5 Stars 4/5 Stars
Trust Score info 99 90
Winner check_circle
Review Saxo Review Vantage Review
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