Home | Back to Main Broker Reviews Page |

Bookmark and Share

Compare Forex Brokers Saxo Bank And DeltaStock


 Compare more forex brokers

Visit Saxo Bank Visit DeltaStock


Subjective Ratings

Compare Category

Saxo Bank

DeltaStock

Charting: Five star Charting Rating Five star Charting Rating
Execution: Four and Half star Execution Rating Five star Execution Rating
Transaction costs (spreads): Four star Transaction Costs (spreads) Rating Five star Transaction Costs (spreads) Rating
User-friendliness: Five star User-friendliness Rating Four and Half star User-friendliness Rating
Platform Functionality: Five star Platform Functionality Rating Five star Platform Functionality Rating
Platform Reliability: Five star Platform Reliability Rating Five star Platform Reliability Rating
Customer support: Five star Customer Support Rating Five star Customer Support Rating
Rollover interest rates: Four star Rollover interest rates Rating Four and Half star Rollover interest rates Rating
Withdrawal processing: Three and Half star Withdrawal processing Rating Four star Withdrawal processing Rating
Average rating: Four and Half star Average Rating Four and Half star Average Rating

Visit Saxo Bank Visit DeltaStock

Business Details

Compare Category

Saxo Bank

DeltaStock

 
Registered Business Name: Saxo Bank DeltaStock AD
Broker Headquarters: Copenhagen, Denmark Sofia, Bulgaria
Also has offices in: London, Singapore, Tokyo London, Madrid, Bucharest
Regulated By: Saxo Bank is a fully regulated bank in Denmark. MiFID, FSC (Financial Supervision Commission) and registered with Bulgarian National Bank
In business since year: 1992 1998
Broker Capital as of 02-2010 Unknown Unknown
Client Account Segregation: No Clients Funds Protection is guaranteed by the Investors Compensation Fund (SICF), established pursuant to the DIRECTIVE 97/9/EC of the European Parliament and the Council.
Collect Taxes on Earnings: No No
Prohibit clients from: Yes No
Deposit/Withdrawal methods:
MethodDeposit FeeWithdrawal Fee
Credit Card 1.8% - 2.5% 1.8% - 2.5%
Debit Card $0 $0
Wire Transfer Bank Fees Bank Fees
MethodDeposit FeeWithdrawal Fee
MasterCard 2% 0 EUR
Moneybookers 2.9% 0 EUR
Visa 2% 0 EUR
Wire Transfer 0 EUR 50 EUR (varies)
Main liquidity providers: Top tier-1 banks FXCM, Interactive Brokers, Citibank, Dukascopy Bank

Visit Saxo Bank Visit DeltaStock

Trading Details

Compare Category

Saxo Bank

DeltaStock

 
Browser platform: Saxo WebTrader Delta Trading Web
Downloadable platform: Saxo Trader Delta Trading,DeltaStock MT4
Mobile platform: Saxo WebTrader Delta Trading Mobile & WAP
Phone dealing: Yes Yes
Order processing: Market Maker ECN,STP (Straight Through Processing)
Account Types
Account Maximum leverage Minimum/Maximum deposit: Minimum/Maximum trade size:
Saxo Premium 200:1* $100,000/unlimited 1,000/unlimited
Saxo 200:1* $10,000/unlimited 1,000/unlimited
Account Maximum leverage Minimum/Maximum deposit: Minimum/Maximum trade size:
Delta Trading (Variable Spreads) 200:1* $100/unlimited 1,000/unlimited All instruments available
Metatrader (MT4) Account 200:1* $100/unlimited 1,000/unlimited CFDs not available
Delta Trading (Fixed Spreads) 200:1* $100/unlimited 1,000/unlimited All instruments available
Swap-free accounts   No swap-free accounts available   No swap-free accounts available
Tradeable Instruments: 8    75   
No Dealing Desk Execution: Not available All Delta Trading L2 orders are executed on the ECN. MT4 orders are routed through dealing desk.
Typical spread on EUR/USD: 2 pips (0.0002) 0.5 pips (0.00005)
Fixed spreads: No Both fixed and variable spreads are available in the same platform and same account (your choice which to use).
Guaranteed stop losses? All orders are executed at best available price. No, all orders are executed at best available price.
Trailing Stops: Server-side Client-side
OCO orders available: Yes Yes,
If/then orders available: Yes Yes,
Hedging capability: Yes - used margin is cleverly cancelled on hedged positions Yes (aka 'Logical Orders')
Automated Trading: No Yes, on MT4
Trading Hours:   Sunday 22:00 GMT to Friday 21:00 GMT (with some exceptions)
Timezone   EET (Eastern European Time) -
Scalping allowed: Yes Yes, all trading methods are accepted.
Account currencies available: AUD, CAD, CHF, DKK, EUR, GBP, HKD, JPY, NOK, NZD, SEK, SGD, USD BGN, CHF, EUR, GBP, RON, USD
Platform languages: English Bulgarian, English, French, German, Romanian, Russian, Spanish
Support languages: English Bulgarian, English, French, German, Romanian, Russian, Spanish
Demo account: 20 days  
Live chat support: Available to real account holders. During trading hours - level of service is excellent.
Interest on Margin: No, On Net Free Equity No
Promotions & tournaments: None Demo tournament with real cash prizes - 1500EUR, 800EUR, 500EUR. Bonus of 20% given on Moneybookers deposits.

Visit Saxo Bank Visit DeltaStock


Bookmark and Share