XM vs Saxo Markets, 2025 Update

Compare XM vs Saxo Markets

All trading platforms has certain advantages and disadvantages, so a complete review of XM and Saxo Markets would not be complete without adopting a balanced approach.

Examine Saxo Markets and XM in order to understand how these platforms stack up against one another before you create an account. Conducting a side-by-side comparison will put things in perspective so that you remain aware of the expectations.

So you are looking for a professional broker and are choosing between XM or Saxo Markets. Who is better in 2025?

Our XM vs Saxo Markets comparison contains the latest information so you can easily compare Saxo Markets against XM.

If you're a new entrant in the realm of trading and brokerages, so many nuances will be perplexing for you. Getting into the area of trading requires expert assessing skills and thorough understanding. You'll acquire adept at all of the concepts of broker since you keep trading. For starters, you need to select the right broker who will be transparent with you always.

In this fast-paced universe of stock markets and trading, you'll need advice to make proper decisions. A professionally lead investment program has the potential to generate hefty returns. XM and Saxo Markets are just two such companies that will take you along with your investment into great heights. It is crucial that you compare XM vs Saxo Markets before you trust them with your money.

Our XM vs Saxo Markets comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust XM and Saxo Markets side by side.

Our entire XM vs Saxo Markets Review covers everything you need to know about trading with either XM or Saxo Markets. A fantastic agent can multiply your first investments and provide you favorable profits. If you want to make profits, you must trade with a brokerage service that contrasts with your investment objectives.

There is no sure-fire method to ensure profits; therefore, you must carefully assess your agent before you select them. It is a common misconception that all agents are exactly the same, but that is not correct. Wrong judgment, in the beginning, can put your investments at risk.

XM and Saxo Markets are both brokers that have paved their way successfully to the broker world. Within this review, we have tried to collate a number of the vital aspects of both XM and Saxo Markets. This review can allow you to know whether either Saxo Markets or XM is a fantastic fit for your investments or not. We've tried to breakdown all of the features and fees for your advantage.

Benefits of XM and Saxo Markets Compared

XM has a minimum deposit of $5 while Saxo Markets offers a $6500 minimum deposit.

Why smaller minimum deposits are good and how XM and Saxo Markets compare

The main reason is that you should only deposit what you can afford. If you you have a lower budget, the broker that offers the lowest deposit option will be more attractive. The other reason is because when speculating on riskier but potentially more rewarding financial instruments you should look to speculate with only a small percentage of your allocated trading funds. Don't let a higher minimum deposit totally put you off a broker, look at the overall trading features you are getting from the trading platform. Often a high minimum deposit gives greater choice in the financial assets and trading platform research features.

XM has around 100 financial instruments whilst Saxo Markets allows you to trade around 100 financial instruments available.

The more instruments you can trade on the XM and Saxo Markets platforms the better. It is good to have a diverse portfolio and the options available to a user will always vary. Trading is all about grasping potential opportunities and you seriously do not want to miss out on a trading opportunity due to the limitations of XM or Saxo Markets.

XM and Saxo Markets Contact Details

Being able to contact an online trading platform through many ways is a sign of a professional broker. XM and Saxo Markets have the following contact details and social medias that you can use.

Saxo Markets and XM Mobile App Comparison

As more and more traders and investors use their smartphones for trading, it is increasingly important that brokers offer easy-to-use apps that can deliver the same services as desktop platforms.

In this part of our comparison of XM and Saxo Markets we'll check whether either of their mobile apps tick all the boxes.

Overall, we rate the user-friendliness of the apps as Better than the average.

It is crucial that trading apps have user-friendly capabilities, especially for those who use it with their smartphones.

Search Functions

Although most brokers do OK in this area, there are some bad apples out there. For example, if you start typing 'Emerging markets', will the software find all the Emerging markets ETFs for you, even if their name doesn't start with 'emerging'? If you only ever traded US stocks and start typing 'Apple', will the AI show you the Apple stock or the obscure Irish stock Applegreen?

XM vs Saxo Markets - Awards

XM vs Saxo Markets - Frequently Asked Questions

XM vs Saxo Markets - Headquarters And Year Of Founding

XM was founded in 2009 and has its head office in Cyprus.

Saxo Markets was founded in 2012 and has its head office in Denmark.

What is the minimum deposit for Saxo Markets or XM

The minimum deposit for XM is $5.

The minimum deposit for Saxo Markets is $6500.

Depending on your circumstances, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both XM and Saxo Markets are a good option.

XM vs Saxo Markets - Regulation And Licencing In More Detail

XM is regulated by International Financial Services Commission(IFSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC).

Saxo Markets is regulated by Financial Conduct Authority (FCA).

Both XM and Saxo Markets have a powerful set of rules for ensuring fair trading onto their platforms. For information encryption functions, they supply industry-standard secure socket layers (SSL).

In accordance with their individual privacy policies, client data is to not be shared with any other institutions or individuals. Including credit history and other financial details.

Compare XM vs Saxo Markets Commission And Fees

XM and Saxo Markets are online brokerage platforms, and many online brokerages charge lower prices than traditional brokerages tend to charge. The cause of this is that the businesses of online trading platforms are scaled better. That is, an online broker isn't necessarily influenced by the amount of clients they have.

However, this does not mean that online brokers don't charge any fees. They charge fees of varying rates for various services to make money. There are mainly 3 different types of penalties for this purpose.

The first kind of charges to look out for are trading fees. When you make a genuine trade, like purchasing a stock or an ETF, you're billed trading charges. In such cases, you are spending a spread, financing speed, or a commission. The kinds of trading fees and the prices differ from broker to broker.

Commissions could be fixed or determined by the traded volume. On the flip side, a spread refers to the difference between the buying and selling cost. Funding or overnight prices are people that are billed when you maintain a leveraged position for longer than daily.

Apart from trading charges, online brokers also charge non-trading fees. These are determined by the activities you undertake in your accounts. They're billed for operations like depositing money, not investing for lengthy periods, or withdrawals.

In general, neither XM or Saxo Markets charge high fees in comparison to other online brokers. For operations other agents charge for, they do not charge a brokerage fee, or they charge a lesser sum. This is beneficial for people who regularly exchange, such as weekly or daily trading.

However, non-trading fees charged by XM and Saxo Markets are relatively lower. As a result, you are charged more for non-trading actions on your trading account, such as deposits and withdrawal. These aren't about the sale and purchase of assets.

This XM vs Saxo Markets review for 2025 breaks down every one of the relevant non-trading fees for you in detail.

Compare Broker Fees For XM And Saxo Markets

What Languages Do XM And Saxo Markets Support?

Being able to talk completely with your trading platform is a key way of comparing trading platforms to find the best broker. Not only for support but to be sure you understand everything on their site and inside their application as it is a key part of success when trading forex.

Here you will find the languages that both XM and Saxo Markets support.

How Many Clients Do XM and Saxo Markets Have?

Both XM and Saxo Markets are well known and trusted. It is really important to work with a broker that is reputable and one of the most simple ways of establishing this is by knowing how many clients they already work with.

Below you will find details of how many users XM and Saxo Markets are working with

What Payment Methods Do XM and Saxo Markets Accept?

XM and Saxo Markets both offer a wide range of payment options which is vital when you have a global customer base.

Below you will find details of all the payment options available at XM and Saxo Markets

What Can You Trade With XM and Saxo Markets?

XM offers 100 trading instruments whilst Saxo Markets offers 100.

Below you will find a full breakdown of what both XM and Saxo Markets offer.