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Saxo Bank vs Exness

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

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

Quick Verdict

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

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

Score Comparison

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

Trading Conditions

ConditionSaxo BankExness
Min DepositNone$10
EUR/USD Spread0.6 pips (Platinum), 0.8 pips (Classic)0.0 pips (Raw), 0.3 pips (Pro), 1.0 pips (Standard)
CommissionVaries by account tier$3.50 per lot per side (Raw), None (Pro/Standard)
Leverage (Retail)30:130:1
Leverage (Pro)200:1Unlimited (offshore)
Swap-FreeNoYes
Withdrawal FeeFreeFree (instant withdrawals available)

Platform Comparison

Saxo Bank Platforms

  • SaxoTraderGO
  • SaxoTraderPRO
  • SaxoInvestor
Account Types:

Classic, Platinum, VIP

Exness Platforms

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

Standard, Standard Cent, Pro, Raw Spread, Zero

Regulation & Safety

Saxo Bank Regulation

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

Danish Guarantee Fund up to EUR 100,000

Exness Regulation

CySECCyprusFCAUKFSASeychelles
ESMA CompliantYes
Neg. Balance ProtectionYes
Segregated FundsYes
Compensation Scheme

ICF up to EUR 20,000

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.