eToro is a social trading and multi-asset brokerage platform that offers a wide range of financial instruments to trade and invest in.
Free to sign up, fees vary per trade
Best Saxo Alternatives ranked by AI · updated Aug 2026
Saxo is a multi-asset investment and trading platform for affluent retail investors, professionals and institutions. SaxoTraderGO and SaxoTraderPRO provide access to stocks, ETFs, bonds, options, futures, forex and other products across global markets.
Developer: Saxo Bank A/S
Price: Commissions vary by asset and market; minimums and custody fees may apply
🎯 home.saxo
Top 6 Saxo alternatives
DEGIRO is a low-cost online brokerage that enables retail investors to trade financial markets worldwide.
Low-cost trading fees
Trading 212 is a mobile-first broker for retail investors and CFD traders, with stocks, ETFs and interest-bearing cash features in supported regions....
Pros
- Simpler investing experience than XTB for beginners
- Pies support recurring contributions and portfolio automation
- Offers fractional shares and commission-free stock and ETF trading in supported regions
Cons
- Fewer advanced trading tools and markets than Interactive Brokers
- CFD and invest accounts are separate products with different risks
- FX charges can matter when buying assets in another currency
Commission-free trading; FX fees and other charges vary
XTB is an online broker for retail investors and active traders, offering stocks, ETFs, forex, commodities, indices and CFDs through web and...
Pros
- Supports both long-term stock and ETF investing and leveraged CFD trading
- xStation provides stronger built-in charting and market analysis than many beginner brokers
- Fractional investing and commission-free stock or ETF dealing are available in supported markets
Cons
- CFDs carry substantial risk and may be unsuitable for long-term investors
- Available instruments, fees and account features vary significantly by country
- Fewer investment products and advanced order features than Interactive Brokers
Commission-free stocks and ETFs up to €100,000 monthly; spreads and other fees vary
IG is a global online broker for retail traders and investors, offering forex, CFDs, shares, options, and spread betting in supported regions....
Pros
- Broader market coverage than AvaTrade in many regions
- More advanced charting, research, and trading tools
- Established multi-jurisdiction regulatory footprint
Cons
- Platform and pricing structure can be more complex than AvaTrade
- Spread betting is unavailable outside supported jurisdictions
- Some advanced features require using the web platform
Variable spreads; commissions and fees vary by product and region
SimpleFX is an online trading platform for leveraged forex, cryptocurrency, stock, index and commodity CFDs. It serves retail traders and supports web,...
Pros
- Supports both cryptocurrency and traditional CFD markets in one account
- Cryptocurrency deposits can simplify funding for eligible users
- Web and mobile interfaces are accessible to newer retail traders
Cons
- Regulatory protections and product availability vary substantially by country
- CFD leverage can create losses exceeding an unhedged cash position
- Research and portfolio features are less extensive than eToro or XTB
Free; spreads and overnight fees apply
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