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Saxo Bank vs Vantage Markets
A field-by-field comparison based on the current BrokaBoy catalogue. Check current pricing and the regulated entity on each broker's website before deciding.
Some figures on this page are taken from broker-published information and have not yet been checked against current terms. Confirm details on the broker's website.
Last updated: 4 October 2026 · Reviewed by BrokaBoy Research Team
| Field | Saxo Bank | Vantage Markets |
|---|---|---|
| BrokaBoy score | 9.1/10 | 8.9/10 |
| Trustpilot rating | Trustpilot 3.6 (8,756 reviews) | Trustpilot 4.4 (14,731 reviews) |
| Listed minimum deposit | $0 | $50 |
| Advertised spread from | 0.4 pips | 0.0 pips |
| Advertised maximum leverage | Up to 1:30 (retail, EU/UK) | Up to 1:500 (entity dependent) |
| Regulators | ASIC, FCA, MAS, DFSA, FINMA | ASIC, FCA, FSCA, VFSC |
| Platforms | SaxoTraderGO, SaxoTraderPRO, SaxoInvestor, TradingView | MetaTrader 4, MetaTrader 5, TradingView, ProTrader, Vantage App |
| Instruments | Forex, Stocks, ETFs, Bonds, Futures, Options, Mutual funds, Indices, Commodities | Forex, Commodities, Indices, Stocks, ETFs, Bonds, Crypto |
| Account types | Classic, Platinum, VIP | Standard STP, Raw ECN, Pro ECN |
| Founded | 1992 | 2009 |
| Spread type | Variable market spreads, tier dependent | Variable; raw interbank pricing on ECN accounts |
| Commission | Share and ETF commissions vary by exchange and tier; FX priced via spread | About $3 per lot per side on Raw ECN; none on Standard STP |
| Overnight / swap | Overnight financing on leveraged positions; cash balances may earn or pay interest | Overnight financing applies to positions held past rollover; swap-free options available |
| Withdrawals | No standard withdrawal fee to a same-name bank account; currency conversion and custody fees can apply | No broker fee on standard withdrawals; bank and card processors may charge |
Key differences
- Saxo Bank has a lower listed minimum deposit ($0 vs $50).
- Saxo Bank has the higher BrokaBoy score (9.1/10 vs 8.9/10).
- Both brokers hold licences with ASIC, FCA.
- Only Saxo Bank lists SaxoTraderGO, SaxoTraderPRO, SaxoInvestor among its platforms.
- Only Vantage Markets lists MetaTrader 4, MetaTrader 5, ProTrader, Vantage App among its platforms.
- Only Saxo Bank lists Futures, Options, Mutual funds among its instruments.
- Only Vantage Markets lists Crypto among its instruments.
Which should you choose?
- Choose Saxo Bank if a lower listed opening deposit is your priority.
- Choose Vantage Markets if you want the broader platform list shown in our catalogue (5 vs 4).
- Choose Saxo Bank if access to Futures is essential, and confirm it is available under your entity.
- Choose Vantage Markets if access to Crypto is essential, and confirm it is available under your entity.
- Choose the broker whose regulated entity covers your country and provides the protections you need; confirm this on the regulator's register.
Frequently asked questions
Which has the lower minimum deposit, Saxo Bank or Vantage Markets?+
Saxo Bank has the lower listed minimum deposit ($0 vs $50). Confirm current terms with each broker.
Are Saxo Bank and Vantage Markets regulated by the same authorities?+
They share ASIC, FCA. Saxo Bank lists ASIC, FCA, MAS, DFSA, FINMA; Vantage Markets lists ASIC, FCA, FSCA, VFSC in our catalogue.
Which has the higher BrokaBoy score?+
Saxo Bank scores 9.1/10 against 8.9/10. The score is calculated from advertised catalogue data and excludes Trustpilot ratings.
Do Saxo Bank and Vantage Markets support the same platforms?+
Both list TradingView. Vantage Markets lists more platforms overall.
