Interactive Brokers vs Saxo Markets

Updated 29 Nov 2023
Interactive Brokers
 

On website

Saxo Markets
 
Overview
Description
Advanced trading platform for experienced traders. Access to global markets.Get access to over 40,000 financial products, plus everything you need to make an informed decision about putting your plans into action.
Basics
Account Funding Options
Bank transferBank transfer, Card funding, Portfolio transfer
Advisory Services
YesNo
Apps
Android, iOSAndroid, iOS
Minimum Deposit
S$0.00S$0.00
Minimum Trade
$0No minimum trade required
Regulator
ASIC, FCA, CFTC, FINRA, MAS, SECFCA, FSA, MAS
Signup Bonus Gift
NoneNone
Trading
Copy Trading
NoYes
Crypto Trading
NoYes
cTrader Trading
NoNo
ETF Trading
YesYes
Forex Trading
YesYes
Fractional Share Trading
YesNo
Futures Trading
YesYes
International Markets Trading
YesYes
MetaTrader 4 Trading
NoYes
MetaTrader 5 Trading
NoNo
Mutual Funds Trading
YesYes
Options Trading
YesYes
OTCBB / Pink Sheets
YesNo
Paper Trading
YesYes
Penny Share Trading
YesNo
Social Trading
NoNo
Share Trading
YesYes
Tradable Assets
Bonds, ETFs, Futures, Hedge Funds, Mutual Funds, Options, Shares, Spot currencies, US spot goldBonds, CFDs, Commodities, Crypto, ETFs, FOREX, Futures, Mutual funds, Options, Stocks
Tradable Markets
ASX, KSE, LSE, NASDAQ, NYSE, TSE, XETRA and moreEU, HK, JP, SG, US markets and more
Fees
Broker Assisted Trades Fee
N/AS$60.00
Brokerage Fee
N/AS$1.00
Domestic Wire Transfer Fee
S$0.00N/A
ETF Trade Fee
S$0.00S$0.00
Funds Withdrawal Fee (Partial)
S$0.00S$0.00
Funds Withdrawal Fee (Full)
S$0.00S$0.00
International Wire Transfer Fee
S$0.00N/A
Mutual Fund Trade Fee
S$15.00S$0.00
Options (Base Fee)
N/AS$1.25
Options (Per Contract Fee)
N/AN/A
Paper Confirmation Fee
N/AN/A
Paper Statement Fee
N/AN/A
Returned Wire Fee
N/AN/A
Spread
variesN/A
Stock Certificate Delivery Fee
N/AN/A
Stock Certificate Processing Fee
N/AN/A
Stock Trade Fee
N/AN/A
Order types
Order Type (Contingent)
YesN/A
Order Type (Limit)
YesYes
Order Type (Market)
YesYes
Order Type (One Cancels The Other)
YesYes
Order Type (One Triggers and One Cancels The Other)
YesN/A
Order Type (One Triggers The Other)
YesN/A
Order Type (Stop)
YesYes
Order Type (Trailing Stop)
YesYes
Customer service
Email Support
YesYes
Live Chat Support
NoNo
Phone Support
YesYes

As seen on

Media - Enterprise Innovation
Media - Fintech Times
Media - Singapore Business Review
Media - Today
Media - Tech In Asia
Media - Zaobao