Broker comparison
Which broker fits your needs?
Platforms, products and fees side by side.
Checked on 22 October 2026
See comparison
DEGIRO
Saxo BankSummary
Saxo Bank has a higher rating of 4.5/5 compared to DEGIRO (4.1/5). Saxo Bank offers 9 instrument types, while DEGIRO offers 5. Oversight: DEGIRO: BaFin and Bundesbank (flatexDEGIRO Bank SE); the branch also by AFM/DNB; Saxo Bank: Danish FSA (Finanstilsynet). DEGIRO: Yes, listed options: Eurex, US. Saxo Bank: Yes, listed options: Eurex, US. Saxo Bank has been in the market since 1992, making it the more experienced provider.
DEGIROLow-cost online broker with broad European offering
Saxo BankPremium investment bank with over 72,000 tradable instruments
At a glance
| Criterion | DEGIRO | Saxo Bank |
|---|---|---|
| Platforms | DEGIRO App, DEGIRO Web | SaxoTraderGO, SaxoTraderPRO, Saxo App |
| Product types | Stocks, ETFs, Options, Futures, Bonds | Stocks, Options, Futures, Forex, ETFs, Bonds, CFDs, Commodities, Mutual Funds |
| Options trading | Yes, listed options: Eurex, US | Yes, listed options: Eurex, US |
| Fee model | Eurex: Eurex: €1.00 per contract; exercise/assignment €1.00 per contract. The €5 US connectivity fee does not apply; optional real-time data is separate; US: US options (CBOE/CBOT/CME/COMEX/NYMEX): USD 1.00 per contract plus exchange fee; €5.00 connectivity per calendar month for trading or holding positions on these markets | 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 € | 0 € |
| Regulation | BaFin and Bundesbank (flatexDEGIRO Bank SE); the branch also by AFM/DNB | Danish FSA (Finanstilsynet) |
| More information | Details | Details |
DEGIRO App, DEGIRO Web
SaxoTraderGO, SaxoTraderPRO, Saxo App
Stocks, ETFs, Options, Futures, Bonds
Stocks, Options, Futures, Forex, ETFs, Bonds, CFDs, Commodities, Mutual Funds
Yes, listed options: Eurex, US
Yes, listed options: Eurex, US
Eurex: Eurex: €1.00 per contract; exercise/assignment €1.00 per contract. The €5 US connectivity fee does not apply; optional real-time data is separate; US: US options (CBOE/CBOT/CME/COMEX/NYMEX): USD 1.00 per contract plus exchange fee; €5.00 connectivity per calendar month for trading or holding positions on these markets
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
0 €
0 €
BaFin and Bundesbank (flatexDEGIRO Bank SE); the branch also by AFM/DNB
Danish FSA (Finanstilsynet)
Product access and costs depend on market, account and permissions.
Detailed comparison
Compare total costs, not just the order fee.
DEGIROSaxo BankThe relevant costs depend on market, currency, order size and trading style.
Worked out
Typical months at DEGIRO and Saxo Bank, priced from their published fee schedules. Spreads, FX and exchange fees come on top depending on the venue.
| Scenario | DEGIRO | Saxo Bank |
|---|---|---|
| ETF savings plan, ≈ €200 a month | €1No savings plan in fee list; single core-selection ETF buy (Tradegate): €0 + €1 handling fee | €3Single ETF buy on Xetra, Classic: 0.08% min €3 → €3; savings plan not verified |
| 10 stock buys of ≈ €1,000 a month | €49Xetra: €3.90 + €1.00 handling fee × 10 (Tradegate: €3.90, no handling fee) | €30Xetra, Classic: 0.08% min €3 → €3 × 10 |
| 10 US option contracts a month | US$10US options (CBOE): $1.00 per contract × 10; plus €5/month connectivity fee and exchange fees | US$20US options, Classic: $2.00 per contract × 10; no minimum ticket fee |
| 10 lots of EUR/USD a month | —No spot FX lot trading offered | US$110EUR/USD Classic: indicative minimum spread 1.1 pips × $10 × 10; no commission |
| One BTC purchase of ≈ €1,000 | €5Crypto OTC (Tradias): 0.50% × €1,000 | —No spot crypto purchase listed among Saxo products |
| Custody and account fee per year | €0No custody fee; exchange connectivity fee not charged for Xetra/core ETFs | €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: degiro.de · home.saxo · home.saxo · home.saxo · home.saxo · home.saxo
Order type, venue and liquidity affect execution.
DEGIRODEGIRO says its execution policy considers price, costs and the likelihood of execution, among other factors. Available venues can depend on the product and order.
Provider informationSaxo BankCheck the provider’s execution policy and available order types for your account.
Provider informationDEGIROSaxo BankCategories come from broker profiles. Check specific markets and permissions before deciding.
DEGIRODEGIRO App · DEGIRO Web
DEGIRO offers the DEGIRO App and the DEGIRO Web platform. Both provide real-time quotes, charts, various order types, portfolio overview, and access to over 50 international exchanges. The platform is optimized for simplicity and low costs.
Explore platformSaxo BankSaxoTraderGO · 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 platformDEGIRO
flatexDEGIRO Bank SE (trading as DEGIRO via its Dutch branch, flatexDEGIRO Bank Dutch Branch)
Saxo Bank
Saxo Bank A/S (Hellerup, Denmark)
Regulation does not protect against market losses. What counts is the entity you sign the contract with.
Your investor profile
DEGIROFor investors who want to trade cheaply on many exchanges with no custody fee.
Saxo BankFor wealthier investors who want a professional platform with bonds, FX and a broad options range and accept a small custody fee.
Find the broker that fits
Side by side. Decided with knowledge.
See the differences that matter, and the Academy lessons that explain them.
The table shows what they cost. These lessons show how they earn, which is what the difference is made of.
Your questions
Your next step
DEGIROLow-cost online broker with broad European offering
Open accountRead reviewSaxo BankPremium investment bank with over 72,000 tradable instruments
Open accountRead reviewThe guides worth reading before your first trade, whichever of the two you choose.
