Compare platforms

Side-by-side comparison of fees, features, and ratings

Interactive Brokers (IBKR) logo
Interactive Brokers (IBKR)
Saxo Bank logo
Saxo Bank
Interactive Brokers (IBKR) logo
Interactive Brokers (IBKR)4.5World's most sophisticated trading platform — access 150+ markets in 34 countries with the lowest costOpen accountView full review
Saxo Bank logo
Saxo Bank4.0Danish multi-asset broker offering stocks, ETFs, bonds, options, futures, CFDs, and forex across 50+ exchangesOpen accountView full review
Overview
Categoryinvestinginvesting
Difficultyadvanced
Founded19781992
HeadquartersUnited StatesDenmark
Best for
Ratings
Overall
4.5
4.0
Fees
5.0
3.0
Platform
4.5
4.5
Safety
4.5
4.5
Product range
5.0
5.0
Fees & costs
Stock trading
ETF trading
Crypto trading
Currency conversion
Inactivity fee
Withdrawal fee
Custody fee
Deposit fee
Minimum deposit
Available products
Stocks
ETFs
Bonds
Options
Futures
Crypto
CFDs
Forex
Funds
Platform & features
Web platform
Mobile app
Desktop app
API access
Fractional shares
Savings plan
Demo account
Copy trading
Cash interest
Regulation & safety
Primary regulatorSECDanish FSA
Investor protection
MiFID passported
Availability
Available in English
Languages11 languages8 languages
Countries130
Pros & cons
Pros
  • Lowest trading costs in the industry
  • Access to 150+ markets across 34 countries
  • Comprehensive product range — stocks, options, futures, forex, bonds, crypto
  • Professional-grade trading tools and API
  • Free trial available
  • IBKR ForecastTrader for event contracts
  • Massive product range across 50+ exchanges worldwide
  • Professional-grade SaxoTraderGO and SaxoTraderPRO platforms
  • MiFID-passported across many European countries
Cons
  • Complex interface — steep learning curve
  • Not beginner-friendly
  • US-headquartered — some European features differ
  • Customer support can be slow
  • 62% of retail investors lose money on CFDs
  • Higher fees than discount brokers for casual investors
  • Complexity can be overwhelming for beginners
Open accountOpen account

Quick verdict

Best fees

Interactive Brokers (IBKR)

Safest

Tied

Most products

Interactive Brokers (IBKR)

Best platform

Tied

Investing involves risk. You could lose some or all of your money. Capmap provides educational information only, not financial advice. Always verify fees and features on each platform's website before opening an account.

Interactive Brokers (IBKR) vs Saxo Bank | Capmap