Saxo Bank vs XTB: Which Broker Suits You?
Saxo Bank scores 4.0 and XTB 3.6 out of 5 on our published methodology. Saxo Bank leads on Platform & Tools, Regulation & Trust and Asset Range; XTB leads on Costs & Fees and Account Access & Support. Both accept clients in the UK, the EU and other countries.
Higher overall score
Saxo Bank
4.0/5
Best for: Premium multi-asset investing
Read the full Saxo Bank 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 | XTB | |
|---|---|---|
| What you own | Real assets | Mixed |
| Available assets | Stocks, bonds, ETFs, options, futures and forex across 50+ exchanges | Real stocks and ETFs alongside 5,400+ CFDs |
| Regulated by | Danish FSA as a licensed bank, plus FCA and others | FCA, KNF, CySEC, DFSA and others |
| Stands out for | Professional-grade platforms and exceptional instrument breadth | Commission-free stocks and ETFs up to a high monthly threshold |
| Watch out for | Premium pricing, with custody fees in some countries | The product range is CFD-weighted, and availability varies by country |
| Accepts clients in | The UK, the EU and other countries | The UK, the EU and other countries |
Is Saxo Bank cheaper than XTB?
On our Costs & Fees score, XTB rates 3/5 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 XTB?
Saxo Bank is regulated by Danish FSA as a licensed bank, plus FCA and others; XTB by FCA, KNF, CySEC, DFSA and others. 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 XTB 4/5. XTB 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
XTB
- Tends to suit
- European CFD & stock trading
- Stands out for
- Commission-free stocks and ETFs up to a high monthly threshold
- Watch out for
- The product range is CFD-weighted, and availability varies by country
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.