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Exness vs Saxo Bank

Head-to-head comparison of fees, platforms, regulation, and trading conditions to help you choose the right EU broker in 2026.

E
Exness
Est. 2008 · Limassol, Cyprus
8.8
VS
SB
Saxo Bank
Est. 1992 · Copenhagen, Denmark
9.0

Quick Verdict

Exness
3 categories won
Tied
0 categories
Saxo Bank
4 categories won

Saxo Bank scores higher overall at 9.0/10 vs 8.8/10.

Score Comparison

OverallSaxo Bank wins
Exness8.8
Saxo Bank9.0
Fees & CostsExness wins
Exness9.3
Saxo Bank7.8
PlatformsSaxo Bank wins
Exness8.5
Saxo Bank9.5
RegulationSaxo Bank wins
Exness8.8
Saxo Bank9.7
ExecutionExness wins
Exness9.2
Saxo Bank9.0
SupportExness wins
Exness8.5
Saxo Bank8.2
EducationSaxo Bank wins
Exness7.0
Saxo Bank8.8
InstrumentsSaxo Bank wins
Exness8.2
Saxo Bank9.8

Trading Conditions

ConditionExnessSaxo Bank
Min Deposit$10None
EUR/USD Spread0.0 pips (Raw), 0.3 pips (Pro), 1.0 pips (Standard)0.6 pips (Platinum), 0.8 pips (Classic)
Commission$3.50 per lot per side (Raw), None (Pro/Standard)Varies by account tier
Leverage (Retail)30:130:1
Leverage (Pro)Unlimited (offshore)200:1
Swap-FreeYesNo
Withdrawal FeeFree (instant withdrawals available)Free

Platform Comparison

Exness Platforms

  • MetaTrader 4
  • MetaTrader 5
  • Exness Terminal
  • Exness App
Account Types:

Standard, Standard Cent, Pro, Raw Spread, Zero

Saxo Bank Platforms

  • SaxoTraderGO
  • SaxoTraderPRO
  • SaxoInvestor
Account Types:

Classic, Platinum, VIP

Regulation & Safety

Exness Regulation

CySECCyprusFCAUKFSASeychelles
ESMA CompliantYes
Neg. Balance ProtectionYes
Segregated FundsYes
Compensation Scheme

ICF up to EUR 20,000

Saxo Bank Regulation

Danish FSADenmarkFCAUKASICAustralia
ESMA CompliantYes
Neg. Balance ProtectionYes
Segregated FundsYes
Compensation Scheme

Danish Guarantee Fund up to EUR 100,000

Overall Verdict

WinnerSaxo Bank9.0

Saxo Bank takes the overall win with a score of 9.0 vs 8.8, winning 4 out of 7 individual categories compared to Exness's 3.

In terms of costs, though Exness edges ahead on fees. On the regulatory front, Saxo Bank and offers stronger regulatory protection.

Choose Saxo Bank if you prioritise its strengths in the categories where it leads. Choose Exness if you value the specific areas where it scores higher, such as fees & costs, execution, and more.

CFD Risk Warning

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

This website is for informational purposes only. The content does not constitute investment advice. Trading leveraged products carries a high level of risk and may not be suitable for all investors. Past performance is not indicative of future results. EU retail leverage limits apply (ESMA): up to 30:1 on major FX pairs, 20:1 on minor FX, 20:1 on major indices, 10:1 on commodities, 5:1 on equities, 2:1 on crypto.