Saxo vs Trading 212

Choosing the best investment platform for UK investors can be difficult, especially with so many options. Trading 212 offers commission-free stock and ETF trades and caters to beginners with its user-friendly platform. Saxo, on the other hand, is an FCA-regulated investment bank with sophisticated trading features and a wide range of investment products.

Saxo vs Trading 212 offer an extensive choice of instruments to trade, but they differ in their approach to fees and charges. Saxo, for example, doesn’t charge deposit fees if you fund your account via card, and it charges overnight CFDs at 3% + SONIA (which is very competitive).

Saxo or Trading 212? A Clear Look at Features, Costs, and Tools

While Trading 212 prioritizes user-friendliness, Saxo’s advanced platform features make it suitable for experienced traders. For instance, their platform includes sophisticated charting tools and in-depth market research.

Saxo also boasts a huge selection of funds, with over 71,000 funds available to choose from. This is a huge advantage over some rivals, particularly those that only offer a handful of mutual funds.

Both platforms have robust mobile apps that support full trading capabilities, real-time data, and account management on the go. Saxo’s app, in particular, comes with additional functionality including automatic market feed updates and a weekly podcast, called Saxo Market Call.