comdirect

4.4(1800)

BaFin

Saxo Bank

4.5(1900)

DFSA/FCA

comdirect vs Saxo Bank

Head-to-Head Comparison 2026

Our Verdict

Saxo Bank has a higher rating of 4.5/5 compared to comdirect (4.4/5). Saxo Bank offers 9 instrument types, while comdirect offers 7. comdirect is BaFin-regulated, while Saxo Bank is supervised by DFSA/FCA. Saxo Bank has been in the market since 1992, making it the more experienced provider.

Comparison Table

Criteria	comdirect	Saxo Bank
Rating	4.4/5 (1800 reviews)	4.5/5 (1900 reviews)✓
Regulation	BaFin	DFSA/FCA
Fees	€4.90 base fee + 0.25% of order volume (min. €9.90)	Stocks from $1, options from $1, forex from 0.4 pip
Min. Deposit	0 €	0 €
Instruments	Stocks, ETFs, Options, Futures, Funds, Bonds, Derivatives	Stocks, Options, Futures, Forex, ETFs, Bonds, CFDs, Commodities, Mutual Funds
Platforms	comdirect App, comdirect Web, ProTrader	SaxoTraderGO, SaxoTraderPRO, Saxo App
Options Trading	Yes, Eurex options trading available	Yes, comprehensive options trading on global exchanges
Spread (typical)	—	EUR/USD from 0.4 pip (Classic), 0.2 pip (VIP)
Execution Speed	~30 ms (Xetra), ~80 ms (Tradegate)	—
Founded	1994	1992
Headquarters	Quickborn	Copenhagen

Detailed Comparison

Fee Comparison

comdirect: €4.90 base fee + 0.25% of order volume (min. €9.90). Minimum deposit: 0 €.

Saxo Bank: Stocks from $1, options from $1, forex from 0.4 pip. Minimum deposit: 0 €. Spread: EUR/USD from 0.4 pip (Classic), 0.2 pip (VIP).

Execution Quality

comdirect

Execution: ~30 ms (Xetra), ~80 ms (Tradegate)

Saxo Bank

No data available

Product Range

comdirect (7 categories)

StocksETFsOptionsFuturesFundsBondsDerivatives

Saxo Bank (9 categories)

StocksOptionsFuturesForexETFsBondsCFDsCommoditiesMutual Funds

Trading Platforms

comdirect

comdirect App
comdirect Web
ProTrader

Saxo Bank

SaxoTraderGO
SaxoTraderPRO
Saxo App

Regulation & Security

comdirect is regulated by BaFin (HQ: Quickborn).

Saxo Bank is regulated by DFSA/FCA (HQ: Copenhagen).

Who Is It For?

comdirect

Direct bank with comprehensive securities and options trading

✓ Eurex options trading available

✓ Full bank with checking account

✓ Comprehensive educational resources

✗ Higher fees than neobrokers

✗ Custody fee without activity

Saxo Bank

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

Frequently Asked Questions

Is comdirect or Saxo Bank cheaper?

comdirect charges €4.90 base fee + 0.25% of order volume (min. €9.90). Saxo Bank charges Stocks from $1, options from $1, forex from 0.4 pip. The minimum deposit is 0 € at comdirect and 0 € at Saxo Bank.

Which broker offers more products: comdirect or Saxo Bank?

comdirect offers Stocks, ETFs, Options, Futures, Funds, Bonds, Derivatives. Saxo Bank offers Stocks, Options, Futures, Forex, ETFs, Bonds, CFDs, Commodities, Mutual Funds.

Which broker is better regulated?

comdirect is regulated by BaFin. Saxo Bank is regulated by DFSA/FCA. comdirect has BaFin regulation, which is particularly advantageous for German investors.

Is comdirect or Saxo Bank better for beginners?

comdirect has a minimum deposit of 0 € and offers comdirect App, comdirect Web, ProTrader as platforms. Saxo Bank has a minimum deposit of 0 € and offers SaxoTraderGO, SaxoTraderPRO, Saxo App. comdirect has the lower entry barrier.

comdirect vs Saxo Bank: Which broker is better overall?

The choice between comdirect (4.4/5, 1800 reviews) and Saxo Bank (4.5/5, 1900 reviews) depends on your needs. comdirect: Direct bank with comprehensive securities and options trading. Saxo Bank: Premium investment bank with over 72,000 tradable instruments.

comdirect

Direct bank with comprehensive securities and options trading

Open Account →

From 0 € min. deposit

Saxo Bank

Premium investment bank with over 72,000 tradable instruments

Open Account →

From 0 € min. deposit

comdirect read review →Saxo Bank read review →