Broker comparison

CapTrader vs.
Saxo Bank

Which broker fits your needs?

Platforms, products and fees side by side.

Checked on 22 October 2026

See comparison

Summary

Your goal decides

Saxo Bank has a higher rating of 4.5/5 compared to CapTrader (4.3/5). Saxo Bank offers 9 instrument types, while CapTrader offers 7. The minimum deposit is lower at Saxo Bank with 0 €. Oversight: CapTrader: IBIE (account-carrying): Central Bank of Ireland; CapTrader GmbH: BaFin for financial services, e.g. asset management; Saxo Bank: Danish FSA (Finanstilsynet). CapTrader: Yes, listed options: Eurex, US. Saxo Bank: Yes, listed options: Eurex, US.

German introducing broker for Interactive Brokers with top conditions

Premium investment bank with over 72,000 tradable instruments

At a glance

The key differences

Criterion
PlatformsTWS, CapTrader App, IBKR MobileSaxoTraderGO, SaxoTraderPRO, Saxo App
Product typesStocks, Options, Futures, Forex, ETFs, Bonds, CFDsStocks, Options, Futures, Forex, ETFs, Bonds, CFDs, Commodities, Mutual Funds
Options tradingYes, listed options: Eurex, USYes, listed options: Eurex, US
Fee modelEurex: Germany: from €2.00 per contract; check the fee schedule for details and minimums; US: US: from USD 3.50 per contract; check the fee schedule for details and minimumsEurex: €0.75 per contract, no minimum (indicative international prices); US: USD 2.00 per contract (Classic), USD 1.00 (Platinum), USD 0.75 (VIP); indicative international prices, residence and trade ticket determine terms, additional costs may apply
Minimum deposit2.000 €0 €
RegulationIBIE (account-carrying): Central Bank of Ireland; CapTrader GmbH: BaFin for financial services, e.g. asset managementDanish FSA (Finanstilsynet)
More informationDetailsDetails

Platforms

CapTrader

TWS, CapTrader App, IBKR Mobile

Saxo Bank

SaxoTraderGO, SaxoTraderPRO, Saxo App

Product types

CapTrader

Stocks, Options, Futures, Forex, ETFs, Bonds, CFDs

Saxo Bank

Stocks, Options, Futures, Forex, ETFs, Bonds, CFDs, Commodities, Mutual Funds

Options trading

CapTrader

Yes, listed options: Eurex, US

Saxo Bank

Yes, listed options: Eurex, US

Fee model

CapTrader

Eurex: Germany: from €2.00 per contract; check the fee schedule for details and minimums; US: US: from USD 3.50 per contract; check the fee schedule for details and minimums

Saxo Bank

Eurex: €0.75 per contract, no minimum (indicative international prices); US: USD 2.00 per contract (Classic), USD 1.00 (Platinum), USD 0.75 (VIP); indicative international prices, residence and trade ticket determine terms, additional costs may apply

Minimum deposit

CapTrader

2.000 €

Saxo Bank

0 €

Regulation

CapTrader

IBIE (account-carrying): Central Bank of Ireland; CapTrader GmbH: BaFin for financial services, e.g. asset management

Saxo Bank

Danish FSA (Finanstilsynet)

More information

CapTrader

Details

Saxo Bank

Details

Product access and costs depend on market, account and permissions.

Detailed comparison

Comparing fees

Compare total costs, not just the order fee.

Terms by market

Eurex
Germany: from €2.00 per contract; check the fee schedule for details and minimums
US
US: from USD 3.50 per contract; check the fee schedule for details and minimums
Minimum deposit
2.000 €
See terms at provider

Terms by market

Eurex
€0.75 per contract, no minimum (indicative international prices)
US
USD 2.00 per contract (Classic), USD 1.00 (Platinum), USD 0.75 (VIP); indicative international prices, residence and trade ticket determine terms, additional costs may apply
Minimum deposit
0 €
See terms at provider

The relevant costs depend on market, currency, order size and trading style.

Worked out

What does it actually cost?

Typical months at CapTrader and Saxo Bank, priced from their published fee schedules. Spreads, FX and exchange fees come on top depending on the venue.

ScenarioCapTraderSaxo Bank
ETF savings plan, ≈ €200 a month€4Single Xetra buy: 0.10%, min €4.00 (FNZ savings plan fees not verified)€3Single ETF buy on Xetra, Classic: 0.08% min €3 → €3; savings plan not verified
10 stock buys of ≈ €1,000 a month€40Xetra: 0.10% × €1,000 = €1 → €4.00 minimum × 10€30Xetra, Classic: 0.08% min €3 → €3 × 10
10 US option contracts a monthUS$35US options: $3.50 per contract × 10US$20US options, Classic: $2.00 per contract × 10; no minimum ticket fee
10 lots of EUR/USD a month—Only commission published (0.3 bp × volume, min $3.75); no typical spread → not computableUS$110EUR/USD Classic: indicative minimum spread 1.1 pips × $10 × 10; no commission
Custody and account fee per year€0Account maintenance free€18.75Custody fee Classic 0.15% p.a. + 25% Danish VAT (EU residents) × €10,000

Checked on 22 October 2026. Prices can change; the current fee schedule is what counts. Sources: captrader.com · captrader.com · captrader.com · captrader.com · home.saxo · home.saxo · home.saxo · home.saxo

Execution quality

Order type, venue and liquidity affect execution.

Check the provider’s execution policy and available order types for your account.

Provider information

Check the provider’s execution policy and available order types for your account.

Provider information

Product range

StocksOptionsFuturesForexETFsBondsCFDs
StocksOptionsFuturesForexETFsBondsCFDsCommoditiesMutual Funds

Categories come from broker profiles. Check specific markets and permissions before deciding.

Trading platforms

TWS · CapTrader App · IBKR Mobile

CapTrader offers the renowned Trader Workstation (TWS) as its main platform, the CapTrader App, and the IBKR Mobile App. The TWS is one of the most powerful trading platforms in the world, offering real-time charting with over 100 technical indicators, option chains with Greeks, strategy builders for complex option strategies, risk management tools, and algorithmic trading. The mobile app also enables access to all markets and order types on the go.

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SaxoTraderGO · SaxoTraderPRO · Saxo App

Saxo Bank offers three trading platforms: SaxoTraderGO is the web-based main platform with modern design, comprehensive charting tools, option chains, stock screeners, and integrated research reports. SaxoTraderPRO caters to professional traders with multi-monitor support, extended order book, algorithmic trading, and real-time analyses. The Saxo App provides the full range of features on mobile, including options trading and portfolio management.

Explore platform

Regulation & security

CapTrader

Interactive Brokers Ireland Limited (account holder); CapTrader GmbH, Düsseldorf, acts as introducing broker

Investor compensation
Securities segregated at IBIE; Irish investor compensation (ICCL): 90% up to €20,000
Cash
IBIE is not a deposit bank: client money segregated; ICCL 90% up to €20,000 (shared limit)

Saxo Bank

Saxo Bank A/S (Hellerup, Denmark)

Investor compensation
Client securities segregated; Danish Guarantee Fund (Garantiformuen) covers up to €20,000 if not returned
Cash
Danish deposit guarantee (Garantiformuen): up to €100,000 per depositor

Regulation does not protect against market losses. What counts is the entity you sign the contract with.

Your investor profile

Who might it suit?

German introducing broker for Interactive Brokers with top conditions

  • Access to over 150 exchanges worldwide
  • Comprehensive options trading
  • German support with IB technology
  • Minimum deposit €2,000
  • TWS platform complex for beginners

Premium investment bank with over 72,000 tradable instruments

  • Over 72,000 tradable instruments
  • Professional platforms
  • Comprehensive options trading
  • Higher fees for entry-level account
  • Platform complex for beginners

Find the broker that fits

CapTrader oder Saxo Bank?

Side by side. Decided with knowledge.

See the differences that matter, and the Academy lessons that explain them.

VS
  • Fees
  • Platform
  • Regulation
  • Matching lessons
Two brokers. Many options. Your call.
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Your questions

Frequently asked questions

How do fees differ between CapTrader and Saxo Bank?
CapTrader: Eurex: Germany: from €2.00 per contract; check the fee schedule for details and minimums; US: US: from USD 3.50 per contract; check the fee schedule for details and minimums. Saxo Bank: Eurex: €0.75 per contract, no minimum (indicative international prices); US: USD 2.00 per contract (Classic), USD 1.00 (Platinum), USD 0.75 (VIP); indicative international prices, residence and trade ticket determine terms, additional costs may apply. Compare total costs for the specific market, product, currency and order size in the current fee schedule.
Which broker offers more products: CapTrader or Saxo Bank?
CapTrader offers Stocks, Options, Futures, Forex, ETFs, Bonds, CFDs. Saxo Bank offers Stocks, Options, Futures, Forex, ETFs, Bonds, CFDs, Commodities, Mutual Funds.
How are CapTrader and Saxo Bank regulated?
The broker profiles list IBIE (account-carrying): Central Bank of Ireland; CapTrader GmbH: BaFin for financial services, e.g. asset management for CapTrader and Danish FSA (Finanstilsynet) for Saxo Bank. Your account's contracting entity determines the applicable oversight and protection rules; check its current disclosures.
Is CapTrader or Saxo Bank better for beginners?
CapTrader lists a 2.000 € minimum deposit and offers TWS, CapTrader App, IBKR Mobile. Saxo Bank lists 0 € and offers SaxoTraderGO, SaxoTraderPRO, Saxo App. Compare usability, available products and costs for your intended use.
CapTrader vs Saxo Bank: Which broker is better overall?
The choice between CapTrader (4.3/5, 580 reviews) and Saxo Bank (4.5/5, 1900 reviews) depends on your needs. CapTrader: German introducing broker for Interactive Brokers with top conditions. Saxo Bank: Premium investment bank with over 72,000 tradable instruments.

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