Saxo Bank vs Trading 212: Which Broker Suits You?
Saxo Bank scores 4.0 and Trading 212 3.2 out of 5 on our published methodology. Saxo Bank leads on Platform & Tools, Regulation & Trust and Asset Range; Trading 212 leads on Costs & Fees, and they tie on Account Access & Support. Both accept clients in the UK and the EU.
Higher overall score
Saxo Bank
4.0/5
Best for: Premium multi-asset investing
Read the full Saxo Bank review →Overall score
Trading 212
3.2/5
Best for: Beginner-friendly UK investing
Read the full Trading 212 review →Score by score
Each category is scored 1–5 using our published methodology. The overall score is the plain average of the first five; ease of use is shown separately.
Key facts side by side
| Saxo Bank | Trading 212 | |
|---|---|---|
| What you own | Real assets | Real assets |
| Available assets | Stocks, bonds, ETFs, options, futures and forex across 50+ exchanges | Shares, ETFs and investment trusts |
| Regulated by | Danish FSA as a licensed bank, plus FCA and others | FCA in the UK; CySEC or BaFin for EU clients |
| Stands out for | Professional-grade platforms and exceptional instrument breadth | Pies and AutoInvest, with a £1 minimum to start |
| Watch out for | Premium pricing, with custody fees in some countries | No mutual funds, bonds, desktop platform or phone support |
| Accepts clients in | The UK, the EU and other countries | The UK and the EU |
Is Saxo Bank cheaper than Trading 212?
On our Costs & Fees score, Trading 212 rates 4/5 against Saxo Bank’s 2/5, so it is generally the cheaper of the two for the costs we assess: commissions, spreads, currency conversion and account fees. Fees differ by country and account type and change often, so check both brokers’ current price lists before you choose.
Which is safer, Saxo Bank or Trading 212?
Saxo Bank is regulated by Danish FSA as a licensed bank, plus FCA and others; Trading 212 by FCA in the UK; CySEC or BaFin for EU clients. Saxo Bank scores higher on our Regulation & Trust measure (5/5 against 4/5). Which company holds your account, and which investor compensation scheme covers it, depends on where you live. Compensation schemes cover a broker failing, never investment losses.
Which is better for beginners?
On ease of use for a beginner, which sits outside the overall score, Saxo Bank scores 2/5 and Trading 212 5/5. Trading 212 is the gentler place to start.
Who each one tends to suit
Saxo Bank
- Tends to suit
- Premium multi-asset investing
- Stands out for
- Professional-grade platforms and exceptional instrument breadth
- Watch out for
- Premium pricing, with custody fees in some countries
Trading 212
- Tends to suit
- Beginner-friendly UK investing
- Stands out for
- Pies and AutoInvest, with a £1 minimum to start
- Watch out for
- No mutual funds, bonds, desktop platform or phone support
More head-to-heads
Scores and facts come from our own reviews as of September 2026 and follow one published methodology. Plain Investor has no commercial relationship with either broker. This is general education, not personal financial advice. Fees, features and regulation change, so confirm current terms with each broker before opening an account.