Comparison of DEGIRO Vs. Saxo Bank to Know Who is Better in 2020

DEGIRO

Launched in 2013, DEGIRO is a popular online investment platform. It lets you buy and sell any financial instruments. DEGIRO lets you trade stocks, shares, bonds, options, ETFs, and futures. Its super low fees structure attracts lots of investors and traders.

DEGIRO Story

Saxo Bank

Founded in 1992, Saxo Bank is a popular Danish Investment bank that offers online investments and trading. Saxo Bank is regulated by many financial authorities worldwide including FCA in the UK and the Danish FSA. It is a safe trading platform because it has an extremely long track record, is regulated by various top financial authorities, and has an excellent banking background.

Broker Comparison

 

DEGIRO

Saxo Bank

Features
  • Low Fees
  • Smart Order Routing or direct access to 30 international exchanges
  • Best mobile app
  • Trading in 37 international exchanges
  • Great mobile app
  • High-quality research
  • Efficient trading platforms
Trading OptionsStocks, ETFs, Funds, Bonds, Options, Futures, and CryptosStocks, ETFs, Funds, Bonds, Options, Futures, CFDs, Cryptos, and Forex
ResearchDEGIRO has limited research functions with a straightforward charting tool and a fundamental news feedSaxo Bank has an excellent research section with well-developed tools for technical and fundamental analysis. It has great interactive charts, data on assets fundamentals, and trading ideas.
FeesDEGIRO has low non-trading and trading fees. Some ETFs can be traded for free once every month. No inactivity and withdrawal fee.Saxo Bank charges average non-trading and trading fees. It has a transparent fee structure with no withdrawal fees and low fund fees. The inactivity fee is high £25 in the UK after 4 months of inactivity and in $100 in the non-UK countries after six months of inactivity
Mobile AppAndroid and iOSAndroid and iOS
Supported LanguagesEnglish, Hindi, Russian, Hebrew, Slovenian, Portuguese, Italian, German, Czech, Arabic, Spanish, Romanian, Polish, French, and ChineseArabic, Danish, French, Japanese, Portuguese, Slovenian, Spanish, Latvian, German, Dutch, Bulgarian, Chinese, Swedish, Romanian, Lithuanian, Greek, English, Slovakian, Polish, Italian, Finnish, Czech, Turkish, Russian. Norwegian, Hungarian, Estonian, and Croatian
Other ServicesKnowledge Center and Investor’s AcademyExpert Insight, Dedicated Sales Trader, and Personal relationship manager
Deposit & Withdrawal MethodsDeposits can be made via bank transfer and electronic wallets Withdrawal can be made via bank transfer onlyDeposits can be made via bank transfer and debit/credit cards Withdrawal can be made via bank transfer only
Deposit & Withdrawal Processing TimeBank transfers can take 2-3 business days while payments via electronic wallets are instantBank transfers can take 2-3 business days while payments via debit/credit cards are instant
Customer SupportPhone and email support with relevant answers in many languagesPhone and email support
Saxo Bank Platforms

Conclusion

On comparing DEGIRO and Saxo Bank, we can conclude that DEGIRO is the best platform among these both due to its great trading platforms, outstanding research section, better product offerings, and more. Saxo Bank is the perfect platform for traders and investors looking for an excellent trading platform that offers solid research while DEGIRO is good for price-sensitive investors looking to perform buy-and-hold transactions.